December 15, 2021
According to the research report titled ‘Global Silicone Release Liners Market Size study, by Product (film, paper), by Application (Label, Tapes, Electronic, Medical and Others) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global silicone release liners market is anticipated to showcase lucrative growth trends during 2021 and 2027.
Rising demand from packaging sector, along with features like high durability & tensile strength, and benefits like fast production process are fueling global silicone release liners market growth.
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Notably, silicone release liners like graphic films, tapes, and labels are widely used in packaging. They provide cost-effective as well as eco-friendly solution. This factor coupled with option of brand promotion through these products are impelling the industry share. Also, rising consumer awareness for hygienic packaging in baby care and sanitary verticals are furthering the industry outlook.
However, increasing penetration of liner-less labels may limit market growth during the forecast period.
In terms of product terrain, worldwide silicone release liners market is divided into paper, and film. On the basis of application, the industry is branched into tapes, label, medical, electronic, and others. Information pertaining to revenue share held by each segment, along with their growth rate over the forecast period is given.
Considering the regional landscape, thorough investigation of market trends across Asia Pacific, North America, Europe, and Latin America in conducted to acquaint the readers with profitable investment areas.
As per estimates, Europe and North America hold significant market share at present owing to well-established packaging liners sector. On the other hand, Asia Pacific market is anticipated to register a strong CAGR during the forecast period 2021-2027, due to growing awareness of hygiene products in the region.
The key players in global silicone release liners marketplace are Loparex LLC, Mitsubishi Polyester Film, Inc.., Lintec Corporation, Fujiko Co. Ltd., 3M Company, Adhesives Research, Inc., Compagnie de Saint-Gobain S.A., Siliconature S.p.A., and Oji F-Tex Co. Ltd. These colossuses are focusing on research & development efforts to develop and introduce innovative products to expand their consumer base and amplify the returns.