The worldwide industry for non-stick coatings was valued at $ 64.28 billion in 2020 and is predicted to reach $ 93.71 billion by 2025, with a compound annual rate of 6.7% from 2020 to 2025. A coating of Release is a sheet of plastic-based film, which is a paper employed to prevent a sticky surface from sticking quickly. In addition, the product is coated on one or both sides of the surface using a mold release agent. This, in turn, offers a liberating impact against any sticky material such as putty or adhesive. These products are available in various colors. In addition, non-stick coatings are mainly employed on self-adhesive plastic sheets, self-adhesive labels, and self-adhesive tapes. Commercial coatings companies are dedicated to the manufacture of release agents, providing unique solutions to their customers, based on a wide variety of substrates employed to manufacture release agents. Commonly employed release agents for release coating are crosslinkable silicone and other coating materials that have low surface energy.
Market drivers and restraints:
The expansion of the industry during the foreseen period is due to the escalating call for industrial labels on packaging of various materials. Apparently, the enormous popularity of packaged food products due to their large-scale benefits, including ready-to-eat alternative, consumer convenience, and instant food will drive industry call for years to come. In addition to this, the rapidly emerging cosmetic, vehicle, personal care and pharmaceutical sectors will promote the expansion of the non-stick coatings industry during the foreseen period. This will drive product penetration around the world and further increase industry reach in the coming years. Increased digitization will further increase the expansion of the flooring industry for the foreseeable future. The escalating call from the end-user industry for better labeling is driving the worldwide industry for non-stick coatings. Furthermore, with increased investments in the food and pharmaceutical industry, the call for better quality packaging is predicted to increase, and in turn, the call for non-stick coatings is predicted to increase. Furthermore, with the increase in population associated with increased international trade, the call for quality packaging and labels is predicted to increase, further escalating the call for non-stick coating products in the world industry. Due to the escalating call from food and pharmaceutical companies, along with the escalating call from the other end-user sector for better packaging and labeling. Multinational players operating in the industry are encouraged to invest in the emerging industrys of Asia and the Pacific. In addition, regional players have increased their production to some extent to be competitive in the industry. The worldwide industry for non-stick coatings is dominated by multinational companies. The worldwide industry for non-stick coatings is largely influenced by many factors, including escalating call from the food and beverage and construction industries, the escalating adoption of digital printing, and the escalating use of smart tags in RFID.
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Report segmented as:
- film-based release liner
By labeling technology:
- glue applied
- shrink sleeve
- stretch sleeve
- in-mold, and others
By printing process:
- digital printing
North America has the largest share of the non-stick products industry, followed by Europe and Asia-Pacific. The United States and China are the largest industrys for non-stick coatings in the world industry due to the increase in food and pharmaceutical business in these countries. North America is predicted to maintain its dominance during the foreseen period, with Europe showing marginal expansion. However, the Asia Pacific region is predicted to experience the highest expansion in the near future due to growing domestic call from the food and pharmaceutical industry in developing countries such as India and China.
Important market players:
Some of the key players operating in the global release liners market are3M (US), Mondi (US), Gascogne Flexible Company (Norway), UPM Raflatac (Finland), Loparex Holding B.V. (The Netherlands), Avery Dennison Corporation (US), Sappi Limited (Saudi Africa), Ahlstrom-Munksjo (Sweden), Eastman Chemical Company (US), LINTEC CORPORATION (Japan), Rayven, Inc. (US), and Polyplex (US).
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The Scope of the report:
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