What is Global Film Grade Polyester Chip Market?
The Global Film Grade Polyester Chip Market is a vast and dynamic sector that plays a crucial role in the global economy. It refers to the market for polyester chips that are specifically designed for film applications. These chips are used in the production of various types of films, including packaging films, optical films, and architectural films, among others. The market is driven by a variety of factors, including the growing demand for packaging materials, advancements in film technology, and the increasing use of polyester films in various industries. In 2023, the market was valued at US$ 898.2 million and it is projected to reach US$ 1348 million by 2030, growing at a compound annual growth rate (CAGR) of 5.9% during the forecast period from 2024 to 2030.
Common Film Grade Polyester, Matt Film Grade Polyester, Capacitance Film Grade Polyester, Optical Film Grade Polyester, Others in the Global Film Grade Polyester Chip Market:
The Global Film Grade Polyester Chip Market is segmented based on product type into Common Film Grade Polyester, Matt Film Grade Polyester, Capacitance Film Grade Polyester, Optical Film Grade Polyester, and others. Each of these types has its unique properties and applications. Common Film Grade Polyester, for instance, is widely used due to its versatility and affordability. It accounts for the largest share of the market at 71%. On the other hand, Matt Film Grade Polyester is known for its matte finish and is often used in applications where a non-reflective surface is required. Capacitance Film Grade Polyester is used in capacitors due to its excellent dielectric properties. Optical Film Grade Polyester is used in optical applications due to its high transparency and clarity. Other types of Film Grade Polyester Chips are used in a variety of specialized applications.
Packaging Film, Optical Film, BackBoard Firm of Solar PV, Polyester Film for Dry Film Photoresist, Architectural Polyester Film in the Global Film Grade Polyester Chip Market:
The Global Film Grade Polyester Chip Market finds its applications in various areas such as Packaging Film, Optical Film, BackBoard Firm of Solar PV, Polyester Film for Dry Film Photoresist, and Architectural Polyester Film. Packaging Film is the largest end-use industry segment of the market, accounting for 69% of the global market. This is due to the widespread use of polyester films in the packaging industry, where they are used for their strength, durability, and resistance to various environmental factors. Optical Film is another significant application area, where polyester chips are used to produce films with high optical clarity for applications such as display screens and lenses. BackBoard Firm of Solar PV uses polyester films as back sheets in solar panels. Polyester Film for Dry Film Photoresist is used in the electronics industry, where it is used in the production of printed circuit boards. Architectural Polyester Film is used in the construction industry for applications such as window films and architectural membranes.
Global Film Grade Polyester Chip Market Outlook:
Looking at the market outlook, the Global Film Grade Polyester Chip Market is set for significant growth. In 2023, the market was valued at US$ 898.2 million. It is expected to grow at a CAGR of 5.9% from 2024 to 2030, reaching a value of US$ 1348 million by the end of the forecast period. The largest share of the market is held by the Common Film Grade Polyester segment, which accounts for 71% of the total market. In terms of applications, the Packaging Film segment is the largest, accounting for 69% of the global market. This data indicates a strong demand for Film Grade Polyester Chips, driven by their wide range of applications in various industries.
| Report Metric | Details |
| Report Name | Film Grade Polyester Chip Market |
| Accounted market size in 2023 | US$ 898.2 million |
| Forecasted market size in 2030 | US$ 1348 million |
| CAGR | 5.9% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | DuPont, SKC, Polyplex, Sinopec Yizheng Chemical Fibre, BY Sanfame Group, China National Petroleum Corporation, FSPG HI-TECH CO., LTD., Zhuhai Yuhua Polyester Co., Ltd., JIANGSU SHUANGXING COLOR PLASTIC NEW MATERIALS CO.,LTD |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
