Global Thermal Lamination Films Market Report 2019: Market Value is Expected to Reach USD 2,480 Million in 2026
A thermal barrier is a material that controls the heat transfer through a window or any other opening in a building or multi-wheeler.
Market Snapshot
This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Thermal Lamination Films market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.
According to the report, the global thermal lamination films market was valued at approximately USD 1,808 million in 2019 and is expected to generate revenue of around USD 2,480 million by 2026, growing at a CAGR of roughly 4.61% from 2019 and 2026.
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Competitive Landscape
Major manufacturers profiled in the analysis report include, COSMO Films, Transilwrap, D&K, FlexFilm, J-Film Corporation, Jiangsu Kangde Xin Composite Material, Mondi, Derprosa, Ipak, GMP, KDX America, Guangdong Eko, New Era, and Yantai Hongqing.
Growth Driver
Due to excellent properties like higher mechanical durability, toughness, better appearance of the printed document, abrasion resistance, and low proclivity to corrosion from human skin, higher resistance to UV radiation, and better impermeability against moisture are expected to the argument the demand from the printing industry. This, in turn, can help the thermal lamination films market to gain tremendous momentum over the forecast period. The growing demand for glossy and matt finished papers in the magazine and newspaper industries is another factor driving the development of the thermal composite film market. In addition, technological advances and continuous research and development have once again created profitable opportunities for the hot laminate film market in the coming years. However, fluctuations in raw material prices may hamper the market growth.
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Regional Overview
North America is the largest market with a proportion of 45.87%, followed by Europe and Asia-Pacific, accounting for 25.62% and 18.37% respectively. The Asia-Pacific still accounts for the largest share of the thermal lamination films market in following years, especially in China, also fast-growing India and Southeast Asia regions. North America, especially the United States, will continue to play an important role. In addition, any changes from United States might affect the development trend of thermal lamination films.
Type Overview
Important types of the product covered in this report include BOPP Based Thermal Lamination Films, BOPET Based Thermal Lamination Films, BOPA Based Thermal Lamination Films, and Others.
Application Overview
Based on application, this market is divided into Industrial Printing, Commercial Printing, and Others.
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Target Audience:
• Thermal lamination films manufacturers
• Raw material suppliers of thermal lamination films
• Small and Medium-sized Enterprises (SMEs)
• Distributors and resellers of thermal lamination films
• Thermal lamination films industry associations
• Product managers, thermal lamination films industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Base Year: 2018
• Estimated Year: 2019
• Forecast Period: 2019 to 2026
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