Global Protective Films Market is expected to grow with a CAGR of 5.1% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Global protective films market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global protective films market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in March 2019, DuPont announced an investment of USD 220.00 million in their Circleville, Ohio plant for the production of DuPont Kapton polyimide film. Through this launch, the company aimed to expand their product portfolio in the market.

Saint-Gobain is the dominating player in global protective films market. The other key players existing in the protective films market includes Lamin-x, Tee Group Films, Mactac (a subsidiary of LINTEC Corporation), Kao-Chia Plastics Co., Ltd, Chargeurs, DuPont, Arkema, Hitachi Chemical Co., Ltd., TORAY INDUSTRIES, INC., POLIFILM GROUP, Surface Armor LLC, COVERTEC Srl., BP Plastics Holding Bhd, Saiyakaya Sdn Bhd., Pelloplast Oy, DUNMORE (a subsidiary of API GROUP), SURFACE SHIELDS, NITTO DENKO CORPORATION and 3M among others.

Saint-Gobain:

Saint-Gobain is headquartered in Courbevoie, France and was founded in 1665. The company is engaged in manufacturing and distribution of materials and solutions for various markets. The company offers various products under various categories such as chemfilm high performance films, fluorowrap electrical insulation, and norfilm performance coated solutions among which norfilm performance coated solutions is the market focused category.

For instance,

• In July 2020, Saint-Gobain announced the unique properties of maximum thermal insulation and high acoustic insulation of Isover which was showcased by the new headquarters of German press group Axel Springer, and certified with Eurofins Indoor Air Comfort Gold. This promotion has helped to build the brand portfolio and increase the demand of the company in the market.

The company has a wide global presence across Northern Europe, America, Southern Europe, and Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such Saint-Gobain Distribution Bâtiment France (France), Saint-Gobain Rigips (Germany), British Gypsum (U.K.), Saint-Gobain Weber Gmbh (Germany) among others.

NITTO DENKO CORPORATION:

NITTO DENKO CORPORATION is headquartered in Osaka, Japan and was founded in 1918. The company manufactures in energy materials, industrial tapes, environmental solution, optronics, and life sciences markets. The company offers various products under categories such as double sided tape, surface protective film, sealing materials / NVH related products, masking tape, materials for housing and construction, membrane products, FPD / touch panel related products, gasket materials, semiconductor manufacturing process products, tape for electrical and electronic equipment, flexible printed circuit boards, dust removal products for clean room, fluoroplastic sheets and tapes, fluoroplastic porous film, porous film / breathable material, barcode labels, packaging tape, medical products, and hygiene products among which surface protective film  is the market focused category.

For instance,

• In July 2020, NITTO DENKO CORPORATION in cooperation with Nippon Electric Glass Co., Ltd. succeeded in the development of ultra-thin glass with polarizing film. Using it as a cover for a display panel will greatly contribute to improve visibility, improved sensitivity of the touch sensors. This business collaboration has helped the company to expand brand portfolio of the company. 

The company has a wide global presence in Asia-Pacific, Americas, Europe and Middle East and Africa. In addition to it, the company also generates its revenue from various subsidiary companies such as Hydranautics (U.S.), Altea Therapeutics (U.S.), Nitto Shinko Corporation (U.S.), Nitto Denko (Philippines) Corp (Philippines) among others.

TORAY INDUSTRIES, INC.:

TORAY INDUSTRIES, INC. is headquartered in Tokyo, Japan and was founded in 1926. The company specializes in industrial products centred on technologies in organic synthetic chemistry, polymer chemistry, and biochemistry. The company deals in various business segments such as fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering, life sciences, and others out of which performance chemicals is the market focused segment. The company offers various products under categories such as fibers & textiles, performance chemicals, carbon fiber composite materials, environment & engineering, life science and other businesses among which performance chemicals is the market focused category.

For instance,

• In May 2020, TORAY INDUSTRIES, INC. announced that it will increase production capacity for Torayfan oriented polypropylene film for automotive capacitors by 60%. Hence, increasing the profit rates of the company

The company has a wide global presence in North America, South America, Europe, and Middle East and Africa, Asia. In addition to it, the company also generates its revenue from the various subsidiary companies such as Toray Membrane USA, Inc. (U.S.), Toray Plastics (America), Inc. (U.S.), Toray Resins Europe GmbH (Europe), Toray Industries (India) Private Limited (TID) (India), Toray International Italy S.r.l. (Italy) among others