機能性フィルム市場 : 2030年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年11月

Functional Films Market – Global Forecast to 2028

機能性フィルム市場 : 種類(導電性フィルム、光学フィルム、保護フィルム、バリアフィルム、粘着フィルム)、材料(ポリエチレン)、最終用途(包装、エレクトロニクス、自動車)、基材(ガラス、プラスチック)、地域別 – 2030年までの世界予測
Functional Films Market by Type (Conductive Films, Optical Films, Protective Films, Barrier Films, Adhesive Films), Material (Polyethylene), End-Use (Packaging, Electronics, Automotive), Substrate (Glass, Plastic) and Region – Global Forecast to 2030

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Report Overview

The Functional films market size is projected to grow from USD 30.5 billion in 2023 to USD 49.6 billion by 2030, registering a CAGR of 7.2% during the forecast period. The functional films market is experiencing substantial growth driven by a convergence of key factors across various industries. The proliferation of electronic devices, coupled with advancements in flexible and lightweight technologies, propels the demand for conductive and protective films. Additionally, the rising significance of sustainable and high-performance packaging solutions fuels the adoption of barrier films. The expansion of end-use industries such as healthcare, automotive, and construction, coupled with increasing consumer awareness regarding product safety and longevity, further contributes to the market’s growth.

機能性フィルム市場 : 2030年までの世界予測

“Conductive Films accounted for the largest share in type segment of functional films market in terms of value.”
Conductive films dominate the largest market share in the functional films market due to their versatile applications in various electronic devices and industries. These films, often composed of materials like indium tin oxide (ITO) or graphene, exhibit excellent electrical conductivity, transparency, and flexibility. As a result, they are extensively used in the production of touchscreens for smartphones, tablets, and other electronic displays. Moreover, conductive films find applications in the automotive sector for smart windows, heated mirrors, and transparent conductive coatings.

“Polyethylene accounted for the largest share in material segment of functional films market in terms of value.”
The dominance of polyethylene in the functional films market can also be attributed to its favorable properties in terms of ease of processing, lightweight nature, and chemical resistance. These characteristics make polyethylene an ideal material for various applications, such as greenhouse films in agriculture, geomembranes in construction, and hygiene films in the healthcare sector. The material’s adaptability to different manufacturing processes and its ability to meet stringent industry standards contribute to its widespread use and market leadership in the functional films landscape.

機能性フィルム市場 : 2030年までの世界予測 ecosystem

“Electronics end-user industry accounted for the largest share in end-use segment of Functional films market in terms of value.”
The functional films market experiences robust growth primarily driven by its vital end-use in the electronics industry. The dominance of the electronic end-user segment is the relentless pursuit of miniaturization and lightweight design in electronic devices. Functional films facilitate the development of slim and lightweight gadgets without compromising on performance, making them indispensable in an increasingly mobile and technologically advanced world. The electronic industry’s constant drive for efficiency, durability, and improved user experiences solidifies the electronic end-user segment’s position as the largest market share holder in the functional films market.

“Asia-Pacific is the largest market for Functional films.”
The Asia Pacific region’s prominence in the functional films market may be due to its aggressive implementation of sustainable practises and environmental legislation. As consumers and industries place a greater emphasis on environmentally friendly solutions, the region’s commitment to sustainable manufacturing processes and materials, combined with a growing awareness of environmental concerns, positions it as a leader in the development and consumption of functional films that meet stringent sustainability criteria. The Asia Pacific region’s leading market share in the dynamic landscape of functional films is being solidified by the convergence of economic expansion, technical progress, and sustainability measures.

機能性フィルム市場 : 2030年までの世界予測 region

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the functional films market, and information was gathered from secondary research to determine and verify the market size of several segments.

• By Company Type: Tier 1 – 40%, Tier 2 – 30%, and Tier 3 – 30%
• By Designation: C Level Executives– 20%, Directors – 10%, and Others – 70%
• By Region: North America – 20%,  Europe – 30%, APAC – 30%, the Middle East & Africa –10%, and South America- 10%

The Functional films market comprises major players such as Toray Industries Inc. (Japan), Eastman Chemical Company (US), Covestro AG (Germany), Honeywell International (US), 3M Company (US), Nitto Denko Corporation (Japan), Dupont Teijin Films US Limited (US), Mitsubishi Chemical Corporation (Japan), Toyobo Co., Ltd (Japan), Dai Nippon Printing Co., Ltd (Japan), and others. The study includes in-depth competitive analysis of these key players in the functional films market, with their company profiles, recent developments, and key market strategies.

Research Coverage
This report segments the market for functional films market on the basis of material, type, application, and region, and provides estimations for the overall value of the market across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies, new product launches, expansions, and mergers & acquisitions associated with the market for functional films market.


Key benefits of buying this report
This research report is focused on various levels of analysis — industry analysis (industry trends), market ranking analysis of top players, and company profiles, which together provide an overall view of the competitive landscape; emerging and high-growth segments of the Functional films market; high-growth regions; and market drivers, restraints, opportunities, and challenges.


The report provides insights on the following pointers:
• Analysis of drivers: (Growing demand for smart packaging solutions, Rising demand for functional films in the automotive industry), restraints (Increasing competition from emerging technologies, Limited understanding of the properties and performance of functional films), opportunities (Development of new functional films for emerging applications, Use of functional films in agriculture), and challenges (Competition from traditional packaging materials, Immature recycling infrastructure) influencing the growth of functional films market.
• Market Penetration: Comprehensive information on the functional films market offered by top players in the global functional films market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the functional films market.
• Market Development: Comprehensive information about lucrative emerging markets — the report analyzes the markets for functional films market across regions.
• Market Capacity: Production capacities of companies producing functional films are provided wherever available with upcoming capacities for the functional films market.
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the functional films market.

Table of Contents

1            INTRODUCTION            38

1.1         STUDY OBJECTIVES      38

1.2         MARKET DEFINITION   38

1.3         INCLUSIONS & EXCLUSIONS     39

1.4         MARKET SCOPE             40

FIGURE 1           FUNCTIONAL FILMS MARKET SEGMENTATION 40

1.4.1      REGIONS COVERED      40

1.4.2      YEARS CONSIDERED     41

1.5         CURRENCY CONSIDERED          41

1.6         LIMITATIONS   41

1.7         UNITS CONSIDERED     41

1.8         STAKEHOLDERS            42

1.9         IMPACT OF RECESSION 42

2            RESEARCH METHODOLOGY     43

2.1         RESEARCH DATA           43

FIGURE 2           FUNCTIONAL FILMS MARKET: RESEARCH DESIGN         43

2.1.1      SECONDARY DATA       44

2.1.2      PRIMARY DATA 44

2.1.2.1   Primary interviews – Top functional film manufacturers            44

2.1.2.2   Breakdown of primary interviews     45

2.1.2.3   Key industry insights          45

2.2         FUNCTIONAL FILMS MARKET ESTIMATION: SUPPLY-SIDE ANALYSIS              46

2.2.1      MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY-SIDE ANALYSIS              46

2.2.2      MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE ANALYSIS          46

2.3         FORECAST NUMBER CALCULATION     46

2.3.1      SUPPLY SIDE    46

2.3.2      DEMAND SIDE  47

2.4         MARKET SIZE ESTIMATION       47

2.4.1      BOTTOM-UP APPROACH           47

2.4.2      TOP-DOWN APPROACH             48

2.5         DATA TRIANGULATION             48

FIGURE 3           FUNCTIONAL FILMS MARKET: DATA TRIANGULATION 49

2.6         ASSUMPTIONS 49

3            EXECUTIVE SUMMARY 50

FIGURE 4           PROTECTIVE & BARRIER FILM TO LEAD FUNCTIONAL FILMS MARKET DURING FORECAST PERIOD   50

FIGURE 5           PE SEGMENT TO LEAD FUNCTIONAL FILMS MARKET DURING FORECAST PERIOD       51

FIGURE 6           PACKAGING SEGMENT TO LEAD FUNCTIONAL FILMS MARKET DURING FORECAST PERIOD     52

FIGURE 7           PLASTIC TO LEAD FUNCTIONAL FILMS MARKET DURING FORECAST PERIOD       53

FIGURE 8           ASIA PACIFIC DOMINATED FUNCTIONAL FILMS MARKET IN 2023      54

4            PREMIUM INSIGHTS      55

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FUNCTIONAL FILMS MARKET            55

FIGURE 9           EXPANSION OF PACKAGING, PHARMACEUTICAL, AND HEALTHCARE SECTORS TO DRIVE MARKET      55

4.2         FUNCTIONAL FILMS MARKET, BY TYPE 55

FIGURE 10         OPTICAL & CONDUCTIVE FILMS TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 55

4.3         FUNCTIONAL FILMS MARKET, BY REGION         56

FIGURE 11         ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR FUNCTIONAL FILMS DURING FORECAST PERIOD          56

4.4         FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY 56

FIGURE 12         PACKAGING TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD       56

4.5         FUNCTIONAL FILMS MARKET, BY MATERIAL    57

FIGURE 13         PET TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD              57

4.6         FUNCTIONAL FILMS MARKET, BY SUBSTRATE  57

FIGURE 14         PLASTIC TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD       57

5            MARKET OVERVIEW     58

5.1         INTRODUCTION            58

5.2         MARKET DYNAMICS     58

FIGURE 15         FUNCTIONAL FILMS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    58

5.2.1      DRIVERS            59

5.2.1.1   Growing demand for smart packaging solutions           59

5.2.1.2   Rising need for functional films in automotive industry 59

5.2.1.3   Miniaturization of electronic devices              59

5.2.2      RESTRAINTS     60

5.2.2.1   Increasing competition from emerging technologies    60

5.2.2.2   Limited understanding of functional films      60

5.2.2.3   Low availability of high-purity raw materials  61

5.2.3      OPPORTUNITIES           61

5.2.3.1   Development of new functional films for emerging applications 61

5.2.3.2   Use of functional films in modern agriculture 61

5.2.3.3   Development of new quantum computers      62

5.2.4      CHALLENGES   62

5.2.4.1   Use of traditional packaging materials            62

5.2.4.2   Immature recycling infrastructure    63

6            INDUSTRY TRENDS       64

6.1         INTRODUCTION            64

6.2         PORTER’S FIVE FORCES ANALYSIS         64

TABLE 1             FUNCTIONAL FILMS MARKET: PORTER’S FIVE FORCES ANALYSIS          64

FIGURE 16         PORTER’S FIVE FORCES ANALYSIS: FUNCTIONAL FILMS MARKET            65

6.2.1      THREAT FROM NEW ENTRANTS             65

6.2.2      THREATS OF SUBSTITUTES       66

6.2.3      BARGAINING POWER OF SUPPLIERS     66

6.2.4      BARGAINING POWER OF BUYERS           66

6.2.5      INTENSITY OF COMPETITIVE RIVALRY 67

6.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS     67

FIGURE 17         REVENUE SHIFT AND NEW REVENUE POCKETS IN FUNCTIONAL FILMS MARKET   67

6.4         PRICING ANALYSIS        68

6.4.1      AVERAGE SELLING PRICE TREND, BY REGION  68

TABLE 2             AVERAGE SELLING PRICE, BY REGION, 2020–2028 (USD/TON)              68

FIGURE 18         AVERAGE SELLING PRICE, BY REGION, 2020–2028 (USD/TON)              68

6.4.2      AVERAGE SELLING PRICE, BY MATERIAL            68

TABLE 3             AVERAGE SELLING PRICE, BY MATERIAL, 2020–2028 (USD/TON)       68

6.4.3      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TOP 3 MATERIALS      69

TABLE 4             AVERAGE SELLING PRICE OF KEY PLAYERS, BY MATERIAL, 2020–2028 (USD/TON)   69

6.5         AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY TOP 3 MATERIALS      69

6.6         VALUE CHAIN ANALYSIS            69

FIGURE 19         OVERVIEW OF FUNCTIONAL FILMS MARKET VALUE CHAIN              70

6.6.1      RAW MATERIAL SUPPLIERS       70

6.6.2      MANUFACTURERS        70

6.6.3      DISTRIBUTORS 70

6.6.4      END CONSUMERS          71

6.7         ECOSYSTEM/MARKET MAP       71

FIGURE 20         FUNCTIONAL FILMS MARKET: ECOSYSTEM/MARKET MAP              71

TABLE 5             FUNCTIONAL FILMS MARKET: ECOSYSTEM      71

6.8         TECHNOLOGY ANALYSIS           72

6.9         PATENT ANALYSIS        73

6.9.1      METHODOLOGY           73

6.9.2      GRANTED PATENTS, 2012–2022 73

TABLE 6             TOTAL NUMBER OF PATENTS  73

6.9.3      PATENT PUBLICATION TRENDS            74

FIGURE 21         NUMBER OF PATENTS PUBLISHED IN LAST 10 YEARS    74

6.9.4      INSIGHTS          74

6.9.5      LEGAL STATUS 74

FIGURE 22         LEGAL STATUS OF PATENTS    74

6.9.6      JURISDICTION-WISE PATENT ANALYSIS             75

FIGURE 23         TOP JURISDICTIONS FOR FUNCTIONAL FILM PATENTS              75

6.9.7      TOP APPLICANTS          75

FIGURE 24         TOP 10 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS           75

6.9.8      TOP 10 PATENT OWNERS IN LAST 10 YEARS      76

TABLE 7             TOP TEN PATENT OWNERS       76

6.10       TRADE ANALYSIS          76

6.10.1    IMPORT-EXPORT SCENARIO OF FUNCTIONAL FILMS MARKET 76

FIGURE 25         IMPORT TRADE DATA FOR FUNCTIONAL FILMS            76

FIGURE 26         EXPORT TRADE DATA FOR FUNCTIONAL FILMS            77

6.11       KEY CONFERENCES & EVENTS IN 2023–2024       77

TABLE 8             FUNCTIONAL FILMS MARKET: KEY CONFERENCES & EVENTS, 2023–2024          77

6.12       TARIFF AND REGULATORY LANDSCAPE            78

6.12.1    TARIFF AND REGULATIONS RELATED TO FUNCTIONAL FILMS 78

TABLE 9             TARIFF RELATED TO FUNCTIONAL FILMS MARKET      79

6.12.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          79

TABLE 10           GLOBAL: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79

TABLE 11           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         80

TABLE 12           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 80

TABLE 13           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         81

6.12.3    NORTH AMERICA          81

6.12.4    EUROPE             82

6.12.5    ASIA PACIFIC    82

6.13       KEY STAKEHOLDERS & BUYING CRITERIA          83

6.13.1    KEY STAKEHOLDERS IN BUYING PROCESS         83

FIGURE 27         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS IN TOP END-USE INDUSTRIES  83

TABLE 14           INFLUENCE OF INSTITUTIONAL BUYERS ON BUYING PROCESS FOR TOP FOUR APPLICATIONS 83

6.13.2    BUYING CRITERIA         84

FIGURE 28         KEY BUYING CRITERIA IN KEY END-USE INDUSTRIES    84

TABLE 15           KEY BUYING CRITERIA IN KEY END-USE INDUSTRIES    84

6.14       CASE STUDY ANALYSIS 85

6.14.1    HYDROGEL-BASED FUNCTIONAL FILMS TO PRODUCE 3D SCAFFOLDS              85

6.14.2    FUNCTIONAL FILM HYDROGELS TO ACHIEVE SITE-SPECIFIC DRUG DELIVERY         86

6.15       MACROECONOMIC INDICATORS           86

6.15.1    GLOBAL GDP TRENDS 86

TABLE 16           PROJECTED REAL GDP GROWTH (ANNUAL PERCENTAGE CHANGE) OF KEY COUNTRIES, 2018–2025           87

7            FUNCTIONAL FILMS MARKET, BY TYPE 88

7.1         INTRODUCTION            89

FIGURE 29         PROTECTIVE & BARRIER FILMS TO LEAD OVERALL FUNCTIONAL FILMS MARKET DURING FORECAST PERIOD       89

TABLE 17           FUNCTIONAL FILMS MARKET SIZE, BY TYPE, 2020–2022 (USD MILLION)          90

TABLE 18           FUNCTIONAL FILMS MARKET SIZE, BY TYPE, 2023–2030 (USD MILLION)          90

TABLE 19           FUNCTIONAL FILMS MARKET SIZE, BY TYPE, 2020–2022 (KILOTON)       90

TABLE 20           FUNCTIONAL FILMS MARKET SIZE, BY TYPE, 2023–2030 (KILOTON)       91

TABLE 21           FUNCTIONAL FILMS MARKET SIZE, BY TYPE, AS PER REGION, 2020–2022 (USD MILLION)          91

TABLE 22           FUNCTIONAL FILMS MARKET SIZE, BY TYPE, AS PER REGION, 2023–2030 (USD MILLION)          92

TABLE 23           FUNCTIONAL FILMS MARKET SIZE, BY TYPE, AS PER REGION, 2020–2022 (KILOTON)   93

TABLE 24           FUNCTIONAL FILMS MARKET SIZE, BY TYPE, AS PER REGION, 2023–2030 (KILOTON)   94

7.2         OPTICAL & CONDUCTIVE FILMS            96

7.2.1      DEMAND IN ANTI-STATIC PACKAGING, FOOD PACKAGING, AND MEDICAL DEVICES TO DRIVE MARKET 96

7.3         PROTECTIVE & BARRIER FILMS 97

7.3.1      APPLICATIONS IN ELECTRONIC DEVICES AND ELECTRONIC PACKAGING TO FUEL DEMAND             97

7.4         ADHESIVE FILMS           98

7.4.1      DEMAND IN PACKAGING APPLICATIONS TO SUPPORT MARKET GROWTH          98

7.5         DECORATIVE FILMS     99

7.5.1      DECORATIVE FILMS WIDELY USED TO ENHANCE APPEARANCE OF VARIOUS CONSUMER GOODS   99

7.6         OTHERS             99

8            FUNCTIONAL FILMS MARKET, BY SUBSTRATE  100

8.1         INTRODUCTION            101

FIGURE 30         FUNCTIONAL FILMS MARKET, BY SUBSTRATE  101

TABLE 25           FUNCTIONAL FILMS MARKET SIZE, BY SUBSTRATE, 2020–2022 (USD MILLION) 101

TABLE 26           FUNCTIONAL FILMS MARKET SIZE, BY SUBSTRATE, 2023–2030 (USD MILLION) 102

TABLE 27           FUNCTIONAL FILMS MARKET SIZE, BY SUBSTRATE, 2020–2022 (KILOTON)       102

TABLE 28           FUNCTIONAL FILMS MARKET SIZE, BY SUBSTRATE, 2023–2030 (KILOTON)       102

8.2         GLASS  103

8.2.1      OFFERS OPTICAL CLARITY, DURABILITY, AND RESISTANCE TO VARIOUS CHEMICALS   103

8.3         PLASTIC            103

8.3.1      MOST WIDELY USED FUNCTIONAL FILM SUBSTRATE   103

8.4         METAL 103

8.4.1      METAL SUBSTRATES WIDELY USED IN ELECTRONIC COMPONENTS              103

8.5         WOOD 104

8.5.1      DEMAND FOR SUSTAINABLE MEDICAL PACKAGING SOLUTIONS TO DRIVE MARKET 104

8.6         OTHERS             104

9            FUNCTIONAL FILMS MARKET, BY MATERIAL    105

9.1         INTRODUCTION            106

FIGURE 31         FUNCTIONAL FILMS MARKET, BY MATERIAL    106

TABLE 29           FUNCTIONAL FILMS MARKET SIZE, BY MATERIAL, 2020–2022 (USD MILLION) 106

TABLE 30           FUNCTIONAL FILMS MARKET SIZE, BY MATERIAL, 2023–2030 (USD MILLION) 107

TABLE 31           FUNCTIONAL FILMS MARKET SIZE, BY MATERIAL, 2020–2022 (KILOTON)       107

TABLE 32           FUNCTIONAL FILMS MARKET SIZE, BY MATERIAL, 2023–2030 (KILOTON)       107

TABLE 33           FUNCTIONAL FILMS MARKET SIZE, BY MATERIAL, AS PER REGION, 2020–2022 (USD MILLION)       108

TABLE 34           FUNCTIONAL FILMS MARKET SIZE, BY MATERIAL, AS PER REGION, 2023–2030 (USD MILLION)       109

TABLE 35           FUNCTIONAL FILMS MARKET SIZE, BY MATERIAL, AS PER REGION, 2020–2022 (KILOTON) 110

TABLE 36           FUNCTIONAL FILMS MARKET SIZE, BY MATERIAL, AS PER REGION, 2023–2030 (KILOTON) 111

9.2         POLYPROPYLENE (PP) 112

9.2.1      PP FILMS WIDELY USED IN VARIETY OF MEDICAL DEVICES       112

9.3         POLYETHYLENE TEREPHTHALATE (PET)          113

9.3.1      VERSATILE AND COST-EFFECTIVE MATERIAL FOR FUNCTIONAL FILMS   113

9.4         POLYETHYLENE (PE)    113

9.4.1      HIGH DEMAND IN FOOD PACKAGING TO FUEL MARKET GROWTH              113

9.5         POLYVINYL CHLORIDE (PVC)   114

9.5.1      SIGNIFICANT APPLICATIONS IN MEDICAL SECTOR DUE ITS BIOCOMPATIBILITY AND RESISTANCE TO CHEMICALS 114

9.6         OTHERS             114

10          FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY 115

10.1       INTRODUCTION            116

FIGURE 32         PACKAGING TO DOMINATE OVERALL FUNCTIONAL FILMS MARKET            116

TABLE 37           FUNCTIONAL FILMS MARKET SIZE, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)          116

TABLE 38           FUNCTIONAL FILMS MARKET SIZE, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)          117

TABLE 39           FUNCTIONAL FILMS MARKET SIZE, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   117

TABLE 40           FUNCTIONAL FILMS MARKET SIZE, BY END-USE INDUSTRY, 2023–2030 (KILOTON)   117

TABLE 41           FUNCTIONAL FILMS MARKET SIZE, BY END-USE INDUSTRY, AS PER REGION, 2020–2022 (USD MILLION) 118

TABLE 42           FUNCTIONAL FILMS MARKET SIZE, BY END-USE INDUSTRY, AS PER REGION, 2023–2030 (USD MILLION) 119

TABLE 43           FUNCTIONAL FILMS MARKET SIZE, BY END-USE INDUSTRY, AS PER REGION, 2020–2022 (KILOTON)       120

TABLE 44           FUNCTIONAL FILMS MARKET SIZE, BY END-USE INDUSTRY, AS PER REGION, 2023–2030 (KILOTON)       121

10.2       AUTOMOTIVE  122

10.3       PACKAGING     123

10.4       HEALTHCARE  123

10.5       ELECTRONICS  124

10.6       OTHERS             124

11          FUNCTIONAL FILMS MARKET, BY REGION         125

11.1       INTRODUCTION            126

FIGURE 33         ASIA PACIFIC TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       126

TABLE 45           FUNCTIONAL FILMS MARKET, BY REGION, 2020–2022 (USD MILLION)          126

TABLE 46           FUNCTIONAL FILMS MARKET, BY REGION, 2023–2030 (USD MILLION)          127

TABLE 47           FUNCTIONAL FILMS MARKET, BY REGION, 2020–2022 (KILOTON)       127

TABLE 48           FUNCTIONAL FILMS MARKET, BY REGION, 2023–2030 (KILOTON)       127

TABLE 49           FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (USD MILLION)          128

TABLE 50           FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (USD MILLION)          128

TABLE 51           FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (KILOTON)       128

TABLE 52           FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (KILOTON)       129

TABLE 53           FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (USD MILLION)          129

TABLE 54           FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (USD MILLION)          129

TABLE 55           FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (KILOTON)              130

TABLE 56           FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (KILOTON)              130

TABLE 57           FUNCTIONAL FILMS MARKET, BY SUBSTRATE, 2020–2022 (USD MILLION)          130

TABLE 58           FUNCTIONAL FILMS MARKET, BY SUBSTRATE, 2023–2030 (USD MILLION)          131

TABLE 59           FUNCTIONAL FILMS MARKET, BY SUBSTRATE, 2020–2022 (KILOTON)       131

TABLE 60           FUNCTIONAL FILMS MARKET, BY SUBSTRATE, 2023–2030 (KILOTON)       131

TABLE 61           FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)     132

TABLE 62           FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)     132

TABLE 63           FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)             132

TABLE 64           FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)             133

11.2       ASIA PACIFIC    133

11.2.1    RECESSION IMPACT      133

FIGURE 34         ASIA PACIFIC: FUNCTIONAL FILMS MARKET SNAPSHOT              134

TABLE 65           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)          134

TABLE 66           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)          135

TABLE 67           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2020–2022 (KILOTON)   135

TABLE 68           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2022–2030 (KILOTON)   135

TABLE 69           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (USD MILLION)          136

TABLE 70           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (USD MILLION)          136

TABLE 71           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (KILOTON)   136

TABLE 72           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (KILOTON)   137

TABLE 73           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (USD MILLION)     137

TABLE 74           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (USD MILLION)     137

TABLE 75           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (KILOTON)             138

TABLE 76           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (KILOTON)             138

TABLE 77           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   138

TABLE 78           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   139

TABLE 79           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          139

TABLE 80           ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          139

11.2.2    CHINA  140

11.2.2.1 Rising disposable incomes of consumers to drive market            140

TABLE 81           CHINA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)          140

TABLE 82           CHINA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)          140

TABLE 83           CHINA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   141

TABLE 84           CHINA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)   141

TABLE 85           CHINA: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (USD MILLION) 141

TABLE 86           CHINA: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (USD MILLION) 142

TABLE 87           CHINA: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (KILOTON)       142

TABLE 88           CHINA: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (KILOTON)       142

TABLE 89           CHINA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (USD MILLION)     143

TABLE 90           CHINA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     143

TABLE 91           CHINA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (KILOTON)             143

TABLE 92           CHINA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (KILOTON)             144

11.2.3    JAPAN  144

11.2.3.1 Increasing consumption in automotive sector to fuel demand     144

TABLE 93           JAPAN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)          144

TABLE 94           JAPAN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)          145

TABLE 95           JAPAN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   145

TABLE 96           JAPAN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)   145

11.2.4    INDIA   146

11.2.4.1 Increasing demand for packaging materials with advanced functionalities to drive market   146

TABLE 97           INDIA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)          146

TABLE 98           INDIA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)          147

TABLE 99           INDIA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   147

TABLE 100         INDIA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)   147

11.2.5    SOUTH KOREA 148

11.2.5.1 Technological advancements and innovation in electronics and automotive sectors to support market growth   148

TABLE 101         SOUTH KOREA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   148

TABLE 102         SOUTH KOREA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   149

TABLE 103         SOUTH KOREA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          149

TABLE 104         SOUTH KOREA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          149

11.2.6    ASEAN  150

11.2.6.1 Rapid expansion of electronics sectors to drive demand              150

TABLE 105         ASEAN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)          150

TABLE 106         ASEAN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)          150

TABLE 107         ASEAN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   151

TABLE 108         ASEAN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)   151

11.2.7    REST OF ASIA PACIFIC  151

TABLE 109         REST OF ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)         152

TABLE 110         REST OF ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)         152

TABLE 111         REST OF ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)  152

TABLE 112         REST OF ASIA PACIFIC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)  153

11.3       EUROPE             153

11.3.1    RECESSION IMPACT      153

FIGURE 35         EUROPE: FUNCTIONAL FILMS MARKET SNAPSHOT       154

TABLE 113         EUROPE: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)     154

TABLE 114         EUROPE: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)     155

TABLE 115         EUROPE: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2020–2022 (KILOTON)             155

TABLE 116         EUROPE: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2022–2030 (KILOTON)             155

TABLE 117         EUROPE: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (USD MILLION)     156

TABLE 118         EUROPE: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (USD MILLION)     156

TABLE 119         EUROPE: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (KILOTON)             156

TABLE 120         EUROPE: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (KILOTON)             157

TABLE 121         EUROPE: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (USD MILLION) 157

TABLE 122         EUROPE: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (USD MILLION) 157

TABLE 123         EUROPE: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (KILOTON)       158

TABLE 124         EUROPE: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (KILOTON)       158

TABLE 125         EUROPE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   158

TABLE 126         EUROPE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   159

TABLE 127         EUROPE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          159

TABLE 128         EUROPE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          159

11.3.2    GERMANY         160

11.3.2.1 Rising demand from automotive industry to drive market          160

TABLE 129         GERMANY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   160

TABLE 130         GERMANY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   160

TABLE 131         GERMANY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          161

TABLE 132         GERMANY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          161

11.3.3    FRANCE             161

11.3.3.1 Increasing need for customized functional films to drive market 161

TABLE 133         FRANCE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   162

TABLE 134         FRANCE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   162

TABLE 135         FRANCE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          162

TABLE 136         FRANCE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          163

11.3.4    ITALY   163

11.3.4.1 Technological innovation, robust research, and development to drive market              163

TABLE 137         ITALY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)          163

TABLE 138         ITALY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)          164

TABLE 139         ITALY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   164

TABLE 140         ITALY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)   164

11.3.5    UK         165

11.3.5.1 Technological advancements in aerospace and pharmaceuticals sectors to support market growth     165

TABLE 141         UK: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)          165

TABLE 142         UK: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)          165

TABLE 143         UK: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   166

TABLE 144         UK: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)   166

11.3.6    SPAIN   166

11.3.6.1 Increasing focus on sustainable practices and environmental consciousness to drive demand       166

TABLE 145         SPAIN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)          167

TABLE 146         SPAIN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)          167

TABLE 147         SPAIN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   167

TABLE 148         SPAIN: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)   168

11.3.7    REST OF EUROPE           168

TABLE 149         REST OF EUROPE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   168

TABLE 150         REST OF EUROPE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   169

TABLE 151         REST OF EUROPE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          169

TABLE 152         REST OF EUROPE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          169

11.4       NORTH AMERICA          170

11.4.1    RECESSION IMPACT      170

FIGURE 36         NORTH AMERICA: FUNCTIONAL FILMS MARKET SNAPSHOT              171

TABLE 153        NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)          171

TABLE 154        NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2022–2030 (USD MILLION)          172

TABLE 155        NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2020–2022 (KILOTON)   172

TABLE 156        NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2022–2030 (KILOTON)   172

TABLE 157         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (USD MILLION)   172

TABLE 158         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (USD MILLION)   173

TABLE 159         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (KILOTON)          173

TABLE 160         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (KILOTON)          173

TABLE 161         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (USD MILLION)          174

TABLE 162         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (USD MILLION)          174

TABLE 163         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (KILOTON)   174

TABLE 164         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (KILOTON)   175

TABLE 165         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   175

TABLE 166         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   175

TABLE 167         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          176

TABLE 168         NORTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          176

11.4.2    US         176

11.4.2.1 Stringent regulatory standards and strong emphasis on sustainability to fuel demand 176

TABLE 169         US: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)          177

TABLE 170         US: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)          177

TABLE 171         US: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   177

TABLE 172         US: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)   178

11.4.3    CANADA            178

11.4.3.1 Transition toward low-carbon economy to drive market             178

TABLE 173         CANADA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   178

TABLE 174         CANADA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   179

TABLE 175         CANADA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          179

TABLE 176         CANADA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          179

11.4.4    MEXICO             180

11.4.4.1 Favorable trade agreements to support market growth 180

TABLE 177         MEXICO: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   180

TABLE 178         MEXICO: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   180

TABLE 179         MEXICO: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          181

TABLE 180         MEXICO: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          181

11.5       SOUTH AMERICA           181

11.5.1    RECESSION IMPACT      182

TABLE 181        SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)          182

TABLE 182        SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2023–2030 (USD MILLION)          182

TABLE 183        SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2020–2022 (KILOTON)   182

TABLE 184        SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2023–2030 (KILOTON)   183

TABLE 185         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (USD MILLION)   183

TABLE 186         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (USD MILLION)   183

TABLE 187         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (KILOTON)          184

TABLE 188         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (KILOTON)          184

TABLE 189         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (USD MILLION)          184

TABLE 190         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (USD MILLION)          185

TABLE 191         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (KILOTON)   185

TABLE 192         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (KILOTON)   185

TABLE 193         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   186

TABLE 194         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   186

TABLE 195         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          186

TABLE 196         SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          187

11.5.2    BRAZIL 187

11.5.2.1 Expanding construction sector to drive market             187

TABLE 197        BRAZIL: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)          187

TABLE 198        BRAZIL: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)          188

TABLE 199        BRAZIL: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   188

TABLE 200        BRAZIL: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)   188

11.5.3    ARGENTINA      189

11.5.3.1 Increasing demand for biodegradable and compostable films to drive market              189

TABLE 201         ARGENTINA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   189

TABLE 202         ARGENTINA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   189

TABLE 203         ARGENTINA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          190

TABLE 204         ARGENTINA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          190

11.5.4    REST OF SOUTH AMERICA         190

TABLE 205         REST OF SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION) 191

TABLE 206         REST OF SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION) 191

TABLE 207         REST OF SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)       191

TABLE 208         REST OF SOUTH AMERICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)       192

11.6       MIDDLE EAST & AFRICA             192

11.6.1    RECESSION IMPACT      192

TABLE 209         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2020–2022 (USD MILLION)    193

TABLE 210         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2023–2030 (USD MILLION)    193

TABLE 211         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2020–2022 (KILOTON)           193

TABLE 212         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY COUNTRY, 2023–2030 (KILOTON)           194

TABLE 213         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (USD MILLION)   194

TABLE 214         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (USD MILLION)   194

TABLE 215         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2020–2022 (KILOTON)          195

TABLE 216         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY MATERIAL, 2023–2030 (KILOTON)          195

TABLE 217         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (USD MILLION)             195

TABLE 218         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (USD MILLION)             196

TABLE 219         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2020–2022 (KILOTON)      196

TABLE 220         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY TYPE, 2023–2030 (KILOTON)      196

TABLE 221         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION) 197

TABLE 222         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION) 197

TABLE 223         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)       197

TABLE 224         MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)       198

11.6.2    UAE      198

11.6.2.1 Increasing demand for conductive and anti-glare films to drive market    198

TABLE 225         UAE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (MILLION)    198

TABLE 226         UAE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)          199

TABLE 227         UAE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)   199

TABLE 228         UAE: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)   199

11.6.3    TURKEY             200

11.6.3.1 Expansion of textile and apparel industry to fuel demand           200

TABLE 229         TURKEY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   200

TABLE 230         TURKEY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   200

TABLE 231         TURKEY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          201

TABLE 232         TURKEY: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          201

11.6.4    SAUDI ARABIA  201

11.6.4.1 Robust expansion of automotive, construction, and packaging industries to drive market   201

TABLE 233         SAUDI ARABIA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   202

TABLE 234         SAUDI ARABIA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   202

TABLE 235         SAUDI ARABIA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          202

TABLE 236         SAUDI ARABIA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          203

11.6.5    SOUTH AFRICA 203

11.6.5.1 Construction industry to support growth of functional films market         203

TABLE 237         SOUTH AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   203

TABLE 238         SOUTH AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   204

TABLE 239         SOUTH AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          204

TABLE 240         SOUTH AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          204

11.6.6    REST OF GCC    205

TABLE 241         REST OF GCC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)   205

TABLE 242         REST OF GCC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)   205

TABLE 243         REST OF GCC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)          206

TABLE 244         REST OF GCC: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)          206

11.6.7    REST OF MIDDLE EAST & AFRICA           206

TABLE 245         REST OF MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (USD MILLION)     207

TABLE 246         REST OF MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (USD MILLION)     207

TABLE 247         REST OF MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2020–2022 (KILOTON)            207

TABLE 248         REST OF MIDDLE EAST & AFRICA: FUNCTIONAL FILMS MARKET, BY END-USE INDUSTRY, 2023–2030 (KILOTON)            208

12          COMPETITIVE LANDSCAPE       209

12.1       INTRODUCTION            209

12.2       KEY PLAYER STRATEGIES/RIGHT TO WIN          209

TABLE 249         OVERVIEW OF STRATEGIES ADOPTED BY KEY FUNCTIONAL FILM MANUFACTURERS             209

12.3       MARKET SHARE ANALYSIS         211

12.3.1    RANKING OF KEY MARKET PLAYERS     211

FIGURE 37         RANKING OF TOP FIVE PLAYERS IN FUNCTIONAL FILMS MARKET, 2022  211

12.3.2    MARKET SHARE OF KEY PLAYERS          211

TABLE 250         FUNCTIONAL FILMS MARKET: DEGREE OF COMPETITION              211

FIGURE 38         FUNCTIONAL FILMS MARKET: SHARE OF KEY PLAYERS 212

12.4       REVENUE ANALYSIS      214

FIGURE 39         REVENUE OF KEY PLAYERS, 2020–2024  214

12.5       COMPANY EVALUATION MATRIX, 2022 214

12.5.1    STARS  214

12.5.2    EMERGING LEADERS    214

12.5.3    PERVASIVE PLAYERS     215

12.5.4    PARTICIPANTS 215

FIGURE 40         FUNCTIONAL FILMS MARKET: COMPANY EVALUATION MATRIX, 2022    215

12.5.5    COMPANY FOOTPRINT 216

TABLE 251         COMPANY TYPE FOOTPRINT    216

TABLE 252         COMPANY SUBSTRATE FOOTPRINT      216

TABLE 253         COMPANY MATERIAL FOOTPRINT        217

TABLE 254         COMPANY END-USE INDUSTRY FOOTPRINT     217

TABLE 255         COMPANY REGION FOOTPRINT             218

FIGURE 41         FUNCTIONAL FILMS MARKET: COMPANY OVERALL FOOTPRINT      219

FIGURE 42         FUNCTIONAL FILMS MARKET: STRENGTH OF PRODUCT PORTFOLIO      220

12.6       STARTUP/SME EVALUATION MATRIX, 2022       221

12.6.1    PROGRESSIVE COMPANIES       221

12.6.2    RESPONSIVE COMPANIES          221

12.6.3    DYNAMIC COMPANIES 221

12.6.4    STARTING BLOCKS       221

FIGURE 43         FUNCTIONAL FILMS MARKET: STARTUP/SME EVALUATION MATRIX, 2022    222

12.6.5    COMPETITIVE BENCHMARKING            222

TABLE 256         FUNCTIONAL FILMS MARKET: DETAILED LIST OF KEY STARTUPS/SMES           222

12.6.6    FUNCTIONAL FILMS MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES   223

TABLE 257         TYPE FOOTPRINT OF STARTUPS/SMES 223

TABLE 258         SUBSTRATE FOOTPRINT OF STARTUPS/SMES  224

TABLE 259         MATERIAL FOOTPRINT OF STARTUPS/SMES    225

TABLE 260         END-USE INDUSTRY FOOTPRINT OF STARTUPS/SMES 226

TABLE 261         REGION FOOTPRINT OF STARTUPS/SMES         227

12.7       COMPETITIVE SCENARIO AND TRENDS             227

12.7.1    PRODUCT LAUNCHES  227

TABLE 262         FUNCTIONAL FILMS MARKET: PRODUCT LAUNCHES (2020–2023)    227

12.7.2    DEALS  228

TABLE 263         FUNCTIONAL FILMS MARKET: DEALS (2020–2023)          228

12.7.3    OTHERS             228

TABLE 264         FUNCTIONAL FILMS MARKET: OTHER DEVELOPMENTS (2020–2023)    228

13          COMPANY PROFILES    229

(Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats) *

13.1       KEY PLAYERS   229

13.1.1    TORAY INDUSTRIES, INC.           229

TABLE 265         TORAY INDUSTRIES, INC.: COMPANY OVERVIEW           229

FIGURE 44         TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT           230

TABLE 266         TORAY INDUSTRIES, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED          230

TABLE 267         TORAY INDUSTRIES, INC.: OTHER DEVELOPMENTS      231

13.1.2    EASTMAN CHEMICAL COMPANY           233

TABLE 268         EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW              233

FIGURE 45         TORAY INDUSTRIES, INC.: COMPANY SNAPSHOT           234

TABLE 269         EASTMAN CHEMICAL COMPANY: PRODUCTS/SERVICES/SOLUTIONS OFFERED   234

TABLE 270         EASTMAN CHEMICAL COMPANY: DEALS            235

13.1.3    COVESTRO AG 237

TABLE 271         COVESTRO AG: COMPANY OVERVIEW  237

FIGURE 46         COVESTRO AG.: COMPANY SNAPSHOT 238

TABLE 272         COVESTRO AG: PRODUCTS/SERVICES/SOLUTIONS OFFERED              238

13.1.4    DAI NIPPON PRINTING CO., LTD.           240

TABLE 273         DAI NIPPON PRINTING CO., LTD.: COMPANY OVERVIEW              240

FIGURE 47         DAI NIPPON PRINTING CO., LTD.: COMPANY SNAPSHOT              241

TABLE 274         DAI NIPPON PRINTING CO., LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED   241

TABLE 275         DAI NIPPON PRINTING CO., LTD.: DEALS           242

13.1.5    3M COMPANY   244

TABLE 276         3M COMPANY: COMPANY OVERVIEW   244

FIGURE 48         3M COMPANY: COMPANY SNAPSHOT   245

TABLE 277         3M COMPANY: PRODUCTS/SERVICES/SOLUTIONS OFFERED              245

TABLE 278         3M COMPANY: PRODUCT LAUNCHES   246

13.1.6    HONEYWELL INTERNATIONAL INC.      248

TABLE 279         HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW              248

FIGURE 49         HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT              249

TABLE 280         HONEYWELL INTERNATIONAL INC: PRODUCTS/SERVICES/SOLUTIONS OFFERED   249

TABLE 281         HONEYWELL INTERNATIONAL INC.: DEALS      250

13.1.7    NITTO DENKO CORPORATION 251

TABLE 282         NITTO DENKO CORPORATION: COMPANY OVERVIEW 251

FIGURE 50         NITTO DENKO CORPORATION: COMPANY SNAPSHOT 252

TABLE 283         NITTO DENKO CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED   252

TABLE 284         NITTO DENKO CORPORATION: PRODUCT LAUNCHES 253

13.1.8    DUPONT TEIJIN FILMS U.S. LIMITED PARTNERSHIP      254

TABLE 285         DUPONT TEIJIN FILMS U.S. LIMITED PARTNERSHIP: COMPANY OVERVIEW  254

TABLE 286         DUPONT TEIJIN FILMS U.S. LIMITED PARTNERSHIP: PRODUCTS/SERVICES/ SOLUTIONS OFFERED  254

13.1.9    MITSUBISHI CHEMICAL CORPORATION             255

TABLE 287         MITSUBISHI CHEMICAL CORPORATION: COMPANY OVERVIEW        255

TABLE 288         MITSUBISHI CHEMICAL CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED   255

13.1.10  TOYOBO CO., LTD.        256

TABLE 289         TOYOBO CO., LTD.: COMPANY OVERVIEW        256

FIGURE 51         TOYOBO CO., LTD.: COMPANY SNAPSHOT        257

TABLE 290         TOYOBO CO., LTD.: PRODUCTS/SERVICES/SOLUTIONS OFFERED          257

TABLE 291         TOYOBO CO., LTD.: PRODUCT LAUNCHES        258

*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MnM view, Key strengths, Strategic choices, Weaknesses and competitive threats might not be captured in case of unlisted companies.

13.2       OTHER PLAYERS           260

13.2.1    AVERY DENNISON CORPORATION        260

TABLE 292         AVERY DENNISON CORPORATION: COMPANY OVERVIEW              260

13.2.2    TATSUTA ELECTRIC WIRE AND CABLE CO., LTD.           261

TABLE 293         TATSUTA ELECTRIC WIRE AND CABLE CO., LTD.: COMPANY OVERVIEW        261

13.2.3    GUNZE LIMITED            261

TABLE 294         GUNZE LIMITED: COMPANY OVERVIEW            261

13.2.4    SABIC   262

TABLE 295         SABIC: COMPANY OVERVIEW    262

13.2.5    MONDI 262

TABLE 296         MONDI: COMPANY OVERVIEW 262

13.2.6    INNOVIA FILMS 263

TABLE 297         INNOVIA FILMS: COMPANY OVERVIEW 263

13.2.7    POLIFILM          263

TABLE 298         POLIFILM: COMPANY OVERVIEW          263

13.2.8    CLARIANT         264

TABLE 299         CLARIANT: COMPANY OVERVIEW         264

13.2.9    INEOS   264

TABLE 300         INEOS: COMPANY OVERVIEW   264

13.2.10  AVIENT CORPORATION             265

TABLE 301         AVIENT CORPORATION: COMPANY OVERVIEW 265

13.2.11  LINTEC CORPORATION             265

TABLE 302         LINTEC CORPORATION: COMPANY OVERVIEW 265

13.2.12  NAGASE & CO., LTD.     266

TABLE 303         NAGASE & CO., LTD.: COMPANY OVERVIEW      266

13.2.13  TOYOCHEM CO., LTD.  266

TABLE 304         TOYOCHEM CO., LTD.: COMPANY OVERVIEW  266

13.2.14  COVERIS            267

TABLE 305         COVERIS: COMPANY OVERVIEW            267

13.2.15  TOPPAN INC.    267

TABLE 306         TOPPAN INC.: COMPANY OVERVIEW    267

14          APPENDIX         268

14.1       DISCUSSION GUIDE      268

14.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             271

14.3       CUSTOMIZATION OPTIONS      273

14.4       RELATED REPORTS       273

14.5       AUTHOR DETAILS         274