FUNCTIONAL FILMS MARKET ANALYSIS
Global functional films market was valued at US$ 29.02 Million in 2022 and is expected to exhibit a CAGR of 5.6%, in terms of revenue, over the forecast period (2023-2030) to reach US$ 45.06 Million by 2030.
Figure 1. Global Driveline Additives Market Share, By Product Type, 2022
Global Functional Films Market: Segmentation
On the basis of product type, the global functional films market is segmented into conductive, optical, adhesive, and water-soluble. On the basis of application, the global functional films market is segmented into flat panel display (FPD), electronics & semiconductors, automotive, construction, energy, healthcare & pharmaceuticals, and packaging. Based on product type, the optical segment dominated the global market in 2022, accounting for 47% share, in terms of revenue, followed by conductive, adhesive, and water-soluble. The global functional films market is expected to witness growth in the near future, owing to an increasing number of electric vehicles manufactured every year and the increasing usage of functional films for electronics and semiconductor applications.
Functional Films Market Report Snapshots
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