The global breathable films market size is expected to reach
USD 24.3 billion by 2025 expanding at a CAGR of 6.0% over the forecast period,
according to a new study by Grand View Research, Inc. It is estimated to be
driven by increasing construction spending in Asia Pacific coupled with growth
of the overall packaging market.
Breathable films are widely used
across key end-use industries, such as hygiene, healthcare, building and
construction, industrial apparel, packaging, and sports apparel. Asia Pacific
is the fastest-growing region for various end-use industries on account of
rising disposable income level of consumers, mainly in emerging economies, such
as China and India.
Growing construction industry is
majorly driving the demand for breathable films in Asia Pacific. Despite
economic turmoil in most regions, the economic fundamentals in Asia remain have
remained robust. The region in anticipated to witness GDP growth of around 6%
per annum through the end of the decade. Asia is expected to be the
fastest-growing region in the world by 2020. China is the largest regional
market, followed by Japan, India, Korea, and Indonesia. Construction spending
is anticipated to grow at rates above average in Bangladesh, China, India,
Japan, and Vietnam in the forthcoming years. China, India, and Japan stand out
in particular based on the market size, combined with growth prospects. In the
long term, both China and India are set to witness high growth in construction
spending.
Microporous films segment is
anticipated to continue holding the largest market share over the forecast
period. These films contain one or more layers of polymers without fillers in
combination with at least two or more microporous breathable layers. The
unfilled layers provide a barrier that can effectively allow moisture vapor to
pass but retain fluids and challenge materials. It is bonded with non-woven
fabrics to be used as air-permeable materials, such as a dehumidifying agent,
desiccant, and freshness preserving agent. It is also used to form the final
layer of diapers and disposable pocket warmer packaging and building materials,
where it is attached to resinous reinforcement material.
Increasing demand from building and
construction industry is prominently fueling the market growth. Breathable
films are used for house wraps, wall covering, under-tile roofing, and facades.
Breathable films provide extra security against excessive accumulation of
moisture, prolongs service life, along with retaining heat.
Browse full research report on Breathable Films Market: https://www.grandviewresearch.com/industry-analysis/breathable-film-market
Further key findings from the study suggest:
- Asia Pacific dominated the market during the forecast period
from 2019 to 2025. China is the fastest-growing country in Asia Pacific on
account of growing automotive industry
- Polyester segment is potentially fueling the market growth
owing to growing demand for non-porous breathable films
- Key players operating in the breathable films market include
Fatrs, a.s., Arkema, Argotec, LLC, Nitto Denko Corporation and Clopay
Plastics
- Companies engage in various strategic initiatives to drive
the market growth. For instance, in April 2016, Clopay Plastic Products
invested USD 50 million for the expansion of its breathable Sof-flex film
manufacturing plants in North America, Europe, and Brazil. The expansion
of the company’s production line is expected to boost its extrusion and
print capacity and innovation and technology capabilities as well.
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/breathable-film-market/request/rs1
Grand View Research has segmented the global breathable films
market on the basis of raw material, product, application, and region:
Breathable Films Raw Material Outlook (Volume, Kilotons; Revenue,
USD Million, 2014 - 2025)
- Polyester
- Polyethylene
- Polypropylene
- Others
Breathable Films Product Outlook (Volume, Kilotons; Revenue, USD
Million, 2014 - 2025)
- Microporous
- Micro
void
- Non-porous
Breathable Films Application Outlook (Volume, Kilotons; Revenue,
USD Million, 2014 - 2025)
- Hygiene
- Healthcare
- Building
& Construction
- Industrial
Protective Apparel
- Packaging
- Sports
Apparel
- Others
Breathable Films Regional Outlook (Volume, Kilotons; Revenue,
USD Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Asia
Pacific
- China
- Japan
- India
- Thailand
- Malaysia
- Indonesia
- Central
& South America
- Brazil
- Middle
East & Africa
- Saudi
Arabia
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For
more info visit @ https://www.grandviewresearch.com
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