The US high-performance films market was valued at $12.4 billion in 2011, and is projected to reach $14.9 billion in 2017, a five-year compound annual growth rate (CAGR) of 3.7% from 2012 to 2017.
High-performance thermoplastic films are playing an increasingly important role as engineers design products in increasingly demanding environments.
Engineers define films in different ways, but generally they have thicknesses ranging from 0.001 inches to 0.300 inches. Some markets define films slightly differently.
The commodity films segment is expected to increase in value from $10.1 billion in 2012 to $11.7 billion in 2017, a CAGR of 3%.
The high-performance films segment is expected to increase in value from $2.3 billion in 2012 to $3.2 billion in 2017, a CAGR of 6.8%.
Key players within the US high-performance films market include DuPont, a company looking to use science-driven innovation to nourish a growing population, build a secure energy future and make the world a safer place. Solvay, an International Group offering a broad range of products and solutions in Chemicals and Plastics, with a strong focus on new sustainable products and 3M, a diversified technology company serving customers and communities with innovative products and services.
These companies are driving important technology and investing significant capital in R&D to improve the technology within the market.
For more information on the US high-performance films market, see the latest research: US High-Performance Films Market Report
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