Release Liner Market Survey On Emerging Opportunities
Release Liner Market: Introduction
Transparency Market Research delivers key insights on the release liners market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2020–2024. In terms of revenue, the global release liners market is estimated to expand at a CAGR of 6.5% during the forecast period, owing to numerous factors, about which TMR offers thorough insights and forecast in this report.
Release liners are an integral part of the manufacturing of tapes, fiber composites and medical film materials, as it prevents the sticky surface from prematurely adhering to the substrate. Use of release liners protects the adhesive applied on a label until the label is ready to use, this makes product handling easier. Release liners are coated on both sides using silicone as base release coating that provides a proper release value against the specific adhesive applied to them. Depending upon the texture and finish of the substrate, release liners are coated with extrusion or clay coatings which determine the smoothness and adhesion properties of the release liner.
Rising demand for industrial labels is a key driver for the release liner market. Labels account for a substantial share in the overall packaging industry. Release liners constitute a dominating portion of labels, thus the demand for release liners is highly correlated with that of labels and poised to increase during 2020-2024.
Asia Pacific to Remain at Forefront
As per TMR analysis, Asia Pacific accounts for nearly 38% of the global release liner market and is projected to continue its prominence through 2024. China and Japan account for ~40% of the Asian market. However, India is expected to expand at a CAGR of 6.5% during the forecast period. This growth is expected to result from the high demand for labels and tapes in the region thus creating new market opportunities for release liners companies worldwide.
REQUEST FOR COVID19 IMPACT ANALYSIS ACROSS INDUSTRIES AND MARKETS- https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=10997