Market News
Global Functional Films Market: Recent Developments
- In May 2022, Mondi, one of the leading market players in sustainable packaging and paper, collaborated with beck packautomaten, Germany-based machine supplier to launch a functional paper solution that has the potential to revolutionize e-commerce by replacing plastic packaging and creating right-sized packaging for a wide range of products.
- October 2021, Toray Industries, Inc., announced today that it has developed a new version of Lumirror™, its range of biaxially oriented Functional films. It created the new film by precisely controlling the height of surface protrusions, eliminating surface defects from coarse protrusions while delivering slipperiness and other desirable handling properties.
- January 2021, Eastman Company has announced a series of significant investments in Functional films, including a Performance Films Patterns and Software Center of Excellence, multiple expansions at its Martinsville manufacturing facility, and Core™ pattern and business operations software.
- September 2021, Tatsuta created an EMI shielding film for FPC applications, which protects the internal circuits of electronic mobile devices such as smartphones and tablet terminals, and gained an overwhelming global market share. We are also actively working on the expansion into the automobile field, where digitalization is accelerating, and the development of EMI shielding films for high-speed signal transmission for 5G, a new communication standard.