Global Textile Films Market is Estimated to be Worth USD 4800 billion in 2020 and is Projected to Reach USD 7.4 billion by 2027, at A CAGR of 6.5% From 2020 to 2027: Proficient Market

At Proficient Market, Global Textile Films Market research report presents a comprehensive overview of market size, share, evolution, trends, and forecast, and growth opportunities of textile films market by product type, application, key manufacturers and key regions and countries. This report offers comprehensive analysis on global textile films market along with, market trends, drivers, and restraints of the textile films market. In-depth study of market size with data Tables, Bar & Pie Charts, and Graphs & Statistics which helps easy to understand detailed breakdown of market.

According to the report, Global Textile Films Market in 2019 stood at USD 4800 billion and is expected to reach USD 7.4 billion by 2027 growing at a CAGR of 6.5% from 2020 to 2027.

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Textile films are produced from materials such as polymers and advanced composites, which exhibit mechanical properties such as flexibility and strength, with surface features that include hydrophobicity. These properties make textile films suitable to meet demand from various industries such as packaging, medical, and technical clothing.  While textile films are generally used for cold films and are sued for cold lamination. The textile films are bifurcated into two types as breathable and non-breathable. The breathable textile films have found profound importance in the field of hygiene.

Textile Films Market Key Players: The research study includes profiles of leading companies operating in the global textile films market. Key players profiled in the report include:
Jindal Poly Films
Covestro AG
Berry Global Inc.
Mitsui Hygiene Materials (Thailand) Co. Ltd.
Arkema S.A.
Schweitzer-Mauduit International Inc.
Dongying Gaolart Import & Export Co.

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Toray Industries established a new company, Toray Polytech (Foshan) Co., Ltd. in November and plans to build a production facility for PP spunbond with an annual capacity of 20,000 tons. The facility has started its operations in 2019. With this expansion, the company expects to serve the rising demand for breathable films in China.

Drivers for the Global Textile Films Market: The increasing use of hygiene products such as baby diapers and sanitary napkins, increase in aging population, growth in the infrastructure sector, and growing urbanization are the major drivers for the textile films market. Another factor driving the textile films market is the increased awareness around maintaining proper feminine and child hygiene. Thus all these factors are responsible for boosting the growth of the textile films market.

Opportunities for the Global Textile Films Market:L The growing demand for quality hygiene products will be an emerging opportunity for growth during forecasted period. While the rising awareness about maintaining proper feminine and child hygiene are expected to drive the market in forecasted years. In addition, growing athleisure trend and rapid urbanization are likely to propel the textile films market in the next coming years. Thus, all these factors will provide an lucrative opportunity for the growth of textile films market.

Restrains for the Global Textile Films Market: The volatility of raw material prices is restraining the growth of the market. Most of the raw materials used in the production of textile films are petroleum products. The prices of these raw materials have been highly volatile in recent times, touching a five-year low, which affected the market growth. Thus, all these factors are responsible for hampering the growth of the textile films market.

Region Wise, Global Textile Films Market Analysis: Report covers the region wise analysis, global Textile Films market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all,  Asia-pacific leads the global Textile Films market share followed by North-America and Europe. While the Asia-pacific. leads the global Textile Films market due to the rising population, increased demand for hygiene products, growing disposable income, rapid industrialization, and increased urbanization are driving the Asia-pacific  textile films market. Shifting demographics such as low infant mortality rate, growing awareness about maintaining hygiene, and improving lifestyle standard are responsible for the high growth of the market in the hygiene segment. In addition, rapid infrastructural development is driving the construction sector thus, propelling the textile films market in the region.

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Global Textile Films Market: Product analysis
On the basis of type, breathable accounted for largest share of total revenue generated as Breathable films are thin films formed by a combination of polymers and mineral fillers. The major advantages of breathable films are improved user comfort, better skin breathability, and reduction in side-effects, higher bursting strength, and improved hygiene. Breathable films are used in the production of baby diapers, sanitary napkins, and incontinence pads, supplies for the chronically ill or for other medical applications. The growth in the use of hygiene products such as sanitary napkins and diapers, among others, globally, and increased use of sportswear is responsible for the large market size for breathable films.

Global Textile Films Market: Material Analysis:

On the basis of  material type, polyethylene (PE) accounted for largest share of total revenue generated as Polyethylene  is easily available and widely used in various applications, ranging from shampoo bottles to bulletproof vests. It has high ductility, good chemical resistance, and high impact strength, which enable appropriate use of this polymer in textile films. The presence of the aforementioned properties, easy availability, and low cost are the major drivers for the use of Polyethylene in textile films.

Global Textile Films Market: Application analysis
Protective Apparel Films

The demand of Global Textile Films Market is highest from Hygiene as Hygiene applications for textile films include baby diapers, adult incontinence diapers, and sanitary napkins. The hygiene products market is matured in developed countries. However, the use of hygiene products in emerging economies such as China, India, Brazil, South Africa, and others is growing, mainly driven by rising awareness and decline in societal stigma.

Global Textile Films Market: Region analysis
North America: U.S., Canada, Mexico
Europe: U.K., France, Germany, Spain, Italy, Rest of Europe
Asia Pacific: China, Japan, South Korea, ASEAN, India
Rest of Asia Pacific: Latin America, Brazil, Argentina, Colombia, Rest of L.A.
Middle East and Africa: Turkey, GCC, UAE, South Africa, Rest of Middle East

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