Published by Coherent Market Insights
Posted on October 8, 2021
3 min readLast updated: January 30, 2026
The functional films market is set to surpass $37 billion by 2027, driven by demand in solar cells and automotive sectors, despite regulatory challenges.
The global functional films market is estimated to surpass US$ 37 billion by the end of 2027, in terms of revenue, growing at CAGR of 4.8% during the forecast period (2019 to 2027).
Functional films are polymer sheets that are used to improve the properties of the fragile substrate. They are widely used across solar cells and the automotive industry for enhancing the functional properties of the automotive component. These films can be classified into adhesive films, conductive films, optical films, and water-soluble films. In the healthcare industry, functional play a very important role in the development of various high-quality medical products.
Coherent Market Insights have included a latest addition of global market research report titled Functional Films Market to its expansive repository. The report studies primary and secondary research in order to analyze the data effectively.
Top Key Players in Functional Films market: 3M, Toray Industries, Inc., Nagase & Co. Ltd., Eastman Chemical Company, and Tatsuta Electric Wire & Cable Co., Ltd.
The scope of the Report:
The report segments the global Functional Films Market based on application, type, service, technology, and region. Each chapter under this segmentation allows readers to grasp the nitty-gritty of the market. A magnified look at the segment-based analysis is aimed at giving the readers a closer look at the opportunities and threats in the market. It also addresses political scenarios that are expected to impact the market in both small and big ways. The report on the global Functional Films Market examines changing regulatory scenarios to make accurate projections about potential investments. It also evaluates the risk for new entrants and the intensity of the competitive rivalry.
Market Restraints
Stringent rules and regulations associated with the manufacturing functional films as it requires chemicals are projected to restrict the market growth. Due to the rising concern over the environment, various countries government are imposing strict rules on the usage of toxic chemicals which are hazardous to the environment. This factor is expected to hinder the market growth of functional films.
Key Takeaways
Among application, flat panel display (FPD) dominated the global functional films market in 2018 with a 23% of market share in terms of revenue, followed by electronics & semiconductor and automotive, respectively.
Market Trends
The booming touchscreen panel industry around the globe is expected to augment the market growth of the functional film. Touchscreen panels are gaining huge demand from various applications such as home appliances, health care sectors, supermarkets, automotive and restaurants. For instance, in February 2017, CONTEC Co., Ltd. has developed an industrial touchscreen PC that can be installed on a desktop and that is equipped with a UPS battery. It is being used in a wide variety of applications such as operating terminals for medical IoT equipment and pharmaceutical equipment, as touch-type reception terminals, and as terminals for biometrics and for entrance and exit management.
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The post Functional Films market Countermeasures Of Economic Impact, Entry Strategies And marketing Channels To 2028 appeared first on Gatorledger.
The article discusses the growth and trends in the functional films market, including economic impacts and strategies to 2028.
Functional films are used to enhance properties in solar cells, automotive components, and medical products.
The market faces challenges from stringent environmental regulations on chemical usage.
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