Global Thermal Lamination Film Market Envisaged to Gain Value of USD 310 MN By 2025
Posted On June 03, 2019
Value Market Research analyzes the entire Global Thermal Lamination Film Market in its new report published recently. It shows that the global thermal lamination film market was valued USD 192.6 MN (by revenue) in 2018 and is anticipated to reach USD 310 MN by 2025 with a CAGR of 7% between 2019 and 2025. The growth of thermal lamination film market can be attributed to the rising demand from printing industry owing to its excellent properties like better durability, abrasion resistance, higher resistance to UV radiation, and better impermeability against moisture. Also, the rising demand of glossy and matt finished paper from magazines and the newspaper industry is another major factor fueling the market demand. Additionally, they are considered as an economical and reliable alternative to flame lamination. Their demand are also likely to rise across various end-use industry because they are cost-effective than cold lamination.
Thermal Lamination is a decorative film which is basically coated with thermal adhesives, it can be either glossy matt finish, or have special modified surface for foil stamping. The decorative film is available as biaxially oriented polyethylene terephthalate film (PET), biaxially oriented polypropylene film (OPP), or a biaxially oriented nylon-6 film (Nylon). Thermal lamination film is ideal for enhancing and strengthening printed media and it also improves durability as well as resistance to tearing and stretching. These films are available in two forms i.e. BOPP and PET base thermal lamination film. Thermal lamination films have excellent optical and resistance to tearing property which enables their application across all kinds of printed and unprinted paper and paper boards like a book cover, magazines, posters, diaries, etc.
The report "Global Thermal Lamination Film Market Report By Product (BOPP Based Thermal Lamination Film, BOPET Based Thermal Lamination Film, BOPA Based Thermal Lamination Film And Others), By Application (Industrial Printing, Commercial Printing And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2018-2025" offers comprehensive analysis of the entire market by using historical data and verifiable projections regarding market size. The report also offer exhaustive analysis of prevailing trends in the market along with the emerging niche segments and regional markets.
The market segmentation includes product, application, and region. By-product the market has been categorized into BOPP based thermal lamination film, BOPET based thermal lamination film, BOPA based thermal lamination film and others. BOPP based thermal lamination film is gaining high traction in the market owing to rising demand from packaging industry as it has excellent features such as high moisture barrier, superior chemical resistance, and high transparency, exceptional matte and gloss finish. Also, the rising application of cosmetics, diaries, brochures, leaflets, textbook covers, leaflets, and shopping bags is also boosting product demand. Application segment has been fragmented into industrial printing, commercial printing, and others. Industrial printing is dominating the application segment owing to the wide range of application of thermal lamination for printing services including stationery, brochures, and magazines. Additionally, rising demand from both large and small scale businesses is again fueling the segment growth. Regionally, the market study has been done over North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Currently, North America is ruling the global thermal lamination film market owing to the rising demand for the product for flexible packaging. Also, the rising application of thermal lamination film across the pharmaceutical and electronics industry is further expected to fuel the regional market growth.
The Report Segments Global Thermal Lamination Film Market -
- BOPP Based Thermal Lamination Film
- BOPET Based Thermal Lamination Film
- BOPA Based Thermal Lamination Film
- Industrial Printing
- Commercial Printing
- North America
- Latin America
- Middle East and Africa
Players Profiled In The Report:
COSMO Films（GBC), D&K, Derprosa, Dingxin, Drytac, EKO Film, Eluson Film, FlexFilm, GMP, Hongqing, Ipak, J-Film Corporation, KangdeXin, KANGLONG, New Era, PKC Co., Ltd, Royal Sovereign, Shagun Films and Transilwrap.
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