INDUSTRIAL FILM MARKET ANALYSIS

Market News

Global Industrial Film Market: Key Developments

In March 2020, The Toray Plastics (America) Inc. announced that it opened a new PEF Division Innovation Center. The new 5,000-square-foot, USD 4 million Innovation Center has a state-of-the-art, custom designed pilot line, which enables company to explore and qualify new resin systems and technologies, develop new products quickly, and commercialize customer-specific solution.

In May 2020, The Toray Plastics (America) Inc. introduced new Lumirror STM Soft-Touch Matte film. It is a matte-coated polyester film technology that eases out processing and enables the manufacture of a robust, upscale, soft-touch matte lamination.

In April 2020, To help the product designers achieve improved safety in the industrial, transportation, construction, electronics, and label industries, DuPont Teijin  Films  introduced  clear  flame-retardant  PET  (polyethylene terephthalate) polyester films. The Melinex FR32x PET films achieved UL’s VTM-0 flame rating classification in accordance with ANSI / UL 94, and they are halogen-free.

In January 2020, Eastman  Chemical  Company  announced  a  capacity  expansion  at  its  Dresden,  Germany, manufacturing facility to support a new coating and laminating line. The investment will support the growth of high-performance branded paint protection and window film products. The expansion will supplement its assets in Martinsville, Virginia. It is expected to be online till mid- 2021, bringing approximately 50 new jobs to the site.

In March 2020, The Chemours inaugurated new innovation center. The facility has more than 300 of the company's top researchers and scientists, consolidating most of the company's U.S. innovation efforts into one location to maximize collaboration and efficiency.