Polymer films with transparent or opaque are known as specialty and high-performance films. The basic raw materials for the production of these films include polyesters, fluoropolymers, and polycarbonates. Packaging, automotive, electrical & electronics, and constructions are the major end use industries of specialty and high-performance films.
The Global Specialty And High Performance Film Market size is estimated at US$ 48100 Million and is expected to expand at CAGR of 5.02% during the years 2023-2030.
Market Leaders in the Specialty And High Performance Film Industry:
1) Bayer AG
Bayer AG is a pharmaceutical and biotechnology company situated in Germany. It is one of the largest Pharma Company in the world. The headquarters are located in Leverkusen, North Rhine- Westphalia, Germany. The company was founded in the year 1863 by Friedrich Bayer. Bayer AG’s first ever manufactured product was acetylsalicylic acid. Since then it has manufactured many more products like heroin, phenobarbital, polyurethanes, however stopped producing them. The area of business is mainly healthcare products for consumers, agricultural chemicals.
In June 2021, Bayer AG completed the acquisition of Noria Therapeutics Inc. and PSMA Therapeutics Inc.
2) Evonik Industries AG
Evonik Industries AG is a German specialty chemicals company. It is the second largest chemicals company in Germany, and one of the largest specialty chemicals companies in the world. The company was founded in the year 2007, and the headquarters are located in Essen, Germany.
The latest acquisition made by the company was in August 2021, Evonik acquired JeNaCell, a developer of bio-technologically derived cellulose designed to manufacture medicines.
3) DuPont de Nemours, Inc.
DuPont is a multinational chemical company that has, over the years developed many polymers like Vespel, Nylon, Teflon, Mylar, Kevlar etc. DuPont played a major role in the development of Delaware. The company was founded in the year 2017, and the headquarters are located in Wilmington, Delaware, USA. The company was founded by Eleuthere Irenee du Pont.
In November 2022, DuPont completed the acquisition of Rogers Corporation, a global company in engineered materials.
4) DOW Chemical Company
The DOW Chemical Company, is an American multinational corporation. The company is among the three largest chemicals producers in the world. DOW has been called the “chemical companies” chemical company. The company was founded in the year 1897, and the headquarters are situated in Midland, Michigan, U.S. The company was founded by Hebert Henry Dow.
In March 2023, DOW chemical company, bought the power of sustainable mobility to InterBattery 2023.
5) Honeywell International Inc.
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation. Honeywell is a product of the merger of Honeywell Inc. and AlliedSignal in 1999. The company was founded in the year 1906, and the headquarters were situated in Charlotte, North Carolina, U.S. The company was founded by Mark C. Honeywell.
In April 2021, Will.i.am and Honeywell collaborated on Xupermask, a smart mask made of silicon and athletic mesh fabric that has LED lights, 3-speed and noised-cancelling headphones in the mask.
6) 3M Company
3M is an American multinational conglomerate operating in the fields of industry, worker safety, healthcare, and consumer goods. The company produces over 60.000 products under several brands. The company was founded in the year 1902, and the headquarters are located in Maplewood, Minnesota, U.S. the company was founded by J. Danley Budd, Henry. S. Bryan, William A. McGonagle, John Dwan, Hermon W. Cable.
In July 2022, the company announced it would spin off its healthcare assets to form a new, independent firm, likely completing the transaction in 2023. 3M will retain an ownership stake of 19.9% in the new, publicly-traded health care company and gradually divest the holdings.
7) Tate & Lyle PLC
Tate & Lyle PLC is a global company that supplies food and beverage ingredients to industrial markers. The company was originally a sugar refining business. It is listed on the London Stock Exchange. The company was founded as a result of a merger of Henry Tate & Sons and Abram Lyle & Sons, and the headquarters are located in London, England, UK. The company was established in the year 1921.
In May 2022, Tate & Lyle completed the acquisition of Nutriati, an ingredient technology company developing and producing chickpea protein and flour.
