SPECIALTY AND HIGH PERFORMANCE FILM MARKET ANALYSIS
The Global Specialty and High-Performance Film market size is estimated at US$ 48100 Mn(revenue) and is expected to expand at a CAGR of 5.02% during the period 2023 – 2030.
Figure 2. Specialty and High Performance Film Market-Region Type, By 2022
Market Trends
Increasing population and growing urbanization
Increasing population and growing urbanization in emerging economies such as China, India, Brazil, and the Middle East is leading to a surge in construction activities in these regions. Increasing demand and need for more improved modern commercial complexes and residential buildings with glass exteriors is growing. Moreover, reconstruction and renovation activities in North America and Europe is expected to boost the specialty and high performance film market. For instance, due to global warming, UV rays protection is one of the major challenges for modern glass buildings and complexes. Increasing use of UV rays and sunlight control film is forecasted to drive the film market as per the study conducted by Coherent Market Insights.
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