Volatility in raw material prices has significantly restrained the growth of the release liners market over the past few years. Release liners are heavily dependent on specific raw materials such as silicone coatings, clay coatings, and thermal paper coatings for their production. However, the prices of these key raw materials have witnessed significant fluctuations due to various macroeconomic and geopolitical factors.
Opportunities: Growth prospects in emerging economies
Growth prospects in emerging economies could be a great opportunity in the release liners market. Many developing nations across Asia Pacific, Latin America, the Middle East, and Africa are experiencing rapid urbanization and industrialization. This has led to increasing infrastructure development activities such as construction of roads, buildings, factories, etc.
The rising infrastructure spending has significantly boosted the demand for materials used in construction sector like cement, metals, paints & coatings, and other chemicals. Release liners are extensively utilized in applications involving pressure sensitive adhesives used to produce labelling for construction materials, paints & coatings, and other chemical products. For example, release liners are used to manufacture cement packaging, metal coating labels, and paint buckets or containers with adhesive-backed labels providing product information.
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