High Friction Films Manufacturers Customizing Packaging Solutions, depending upon End Use Industry Requirements
The demand for efficient packaging that keeps products safe for a longer duration has increased. This has led to manufacturers of packaging investing in innovative packaging that keeps the products safe and healthy for longer durations.
In addition, the adverse effect of external weather on the product can damage the same in more ways than one. This has led to end user sectors investing in high friction films that helps in keeping the products safe, especially during transportation.
High friction film’s ability to maintain stability during transportation along with improving stacking is driving the adoption of high friction films. Moreover, the versatile nature of high friction films helps them to shrink easily. This, in turn, is positively influencing the growth of the market.
Future Market Insights states that the demand for high friction films is expected to gain traction owing to the advantages it offers:
In the upcoming years, the use of high friction films is expected to increase owing to its multi-purpose properties and versatile nature. Moreover, the usage of high friction films is not only helping in keeping products safer for longer duration but is also a perfect fit during the transportation of products. Furthermore, the changing nature of products is increasing the use of high friction films for transportation of the same.
High friction films are polyester films. These films are biaxially oriented and coextruded which has very high coefficient of friction on one of its side. High friction films are generally used in bulk packaging. Frictional properties of these films help in preventing bags or any other products from skidding and damaging.
High friction films improve pallet stability and proves useful in applications such as commodity food packaging products, bulk packaging products, fertilizer bags primarily for transportation of products as well as enhancing its stability. Its other side is chemically treated in order to provide better printability or smooth ability to be used on machines. High friction films are available in wide range of thicknesses.
These films have several different properties which makes them suitable for varied industries. It possesses features such as excellent dimensional stability over a wide range of temperature, good resistance to moisture and excellent barrier against wide range of gases.
These factors increase the preference for high friction films among manufacturers and suppliers across the globe. Therefore, the outlook for the global high friction films market is expected to be largely positive, over the forecast period.
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The ability to possess high coefficient of friction so that it keeps bags and products stable during transportation and improves stacking during handling or storage is expected to drive the demand of global high friction films over the forecast period. The factor which is expected to upsurge the demand of high friction films is its capability of shrinkage over a wide range from 0.1% to as high as 75%. Therefore, they are highly versatile.
These films have very good printability and have excellent ink and metal adhesion, which makes them suitable for the manufacturers in order to promote their products. In addition, these films have very good optical and thermal properties.
Thus, high friction films can withstand wide range of temperature, therefore, it prevents the product from damage. High friction films market is growing with increase in industries and manufacturing units, where bulk packaging is required.
High friction films are suitable for industries, such as food industries, chemical & fertilizers, and others. It will drive the global high friction films market during the forecast period. These films are economically feasible, and therefore, it is anticipated that the global high friction films market will enjoy a healthy growth during the forecast period.
Based on regions, the global high friction films market is divided into seven regions namely:
The APeJ region is expected to play a pivotal role in driving growth of the global high friction films market over the forecast period, due to growing food and fertilizer industries in this region. China and India are especially expected to drive the APeJ market due to presence of prominent manufacturers. The APeJ region is expected to witness high growth over the forecast period.
North America and Western European regions are anticipated to witness moderate growth over the forecast period due to availability of various alternatives. Latin America is expected to witness average growth due to recession in the region and less investment in industrial infrastructure.
Eastern Europe is expected to witness sluggish growth due to the effects of recession. MEA region is expected to witness below average growth due to higher dependency on imports and exports. Japan is expected to witness average growth during the forecast period.
The key players operating in the global high friction films market are – Ester Industries Ltd., Toray Plastics (America) Inc., FlexFilms Ltd., Jindal Poly Films Ltd., TEKRA, A Division of EIS, Inc., SKC Inc. and among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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