Specialty Films industry forecasts to 2010 & 2015

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Demand for specialty films is forecast to advance 4.8 percent per year to $7.3 billion in 2010.
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April 27, 2007 (Press Release) --
Specialty Films industry forecasts to 2010 & 2015

US demand to grow 4.8% annually through 2010

Demand for specialty films is forecast to advance 4.8 percent per year to $7.3 billion in 2010. Gains will be driven by increasing performance requirements in a number of markets, necessitating the use of higher-value specialty materials in films. Additionally, new technologies such as modified atmosphere and case-ready packaging will fuel advances, as will improved processing methods in film coating and metallization. Demand will also benefit from emerging products and markets for specialty films, such as biodegradable trash bags and soluble oral delivery products. However, further gains will be inhibited by market maturity or weak demand in a number of specialty film applications, including PVC decorative films, breathable films for personal care products and interlayer films for motor vehicle windows.

Barrier films to remain dominant application

Barrier films are the largest segment of the specialty films industry, accounting for half of total demand in 2005. Growth will be driven by the rapid rise of caseready technology in meat packaging, which require barrier films to maintain an optimum atmosphere inside the package. These opportunities will spur advances for plastic films such as ethylene vinyl alcohol, nylon and polyvinylidene chloride, which are used in the construction of barrier films. Additionally, improvements in metallization technologies are allowing metallized films to become a cost-effective replacement for film/foil and film/paper laminates in a number of food packaging applications. Demand for conductive films will rise at a strong pace through 2010, fueled by a resurgent US electronics industry. In particular, the market for flexible printed circuit boards is expected to rebound from declines posted during the 2000-2005 period, which will benefit demand for polyimide and polyester films used in their manufacture. In addition, demand for conductive and other films used in electronics will benefit from the increasing move from conventional cathode ray tube displays to flat panel technologies, that utilize a variety of polarizing, optical enhancement and protective films.

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