The global silicone release liners market is projected to register positive growth through 2023, with global revenues up by 5.1%, forecasts Future Market Insights (FMI) in its recent study. Overall sales of silicone release liners are expected to total US$ 1.39 billion in 2023. FMI has projected the demand to rise at 7.7% CAGR between 2023 and 2033. The market is estimated to surpass US$ 2.93 billion by 2033.
Silicone release liners are protective films coated with silicone on one or both sides. They are designed to provide a temporary surface for adhesive materials. These liners are commonly used in industries such as automotive, electronics, healthcare, labels, tapes, and graphic arts. Silicone release liners prevent adhesive materials from prematurely sticking to each other, ensuring easy application and handling.
The Silicone Release Liners Market refers to the industry that manufactures and supplies silicone-coated release liners. This market is driven by the increasing demand for adhesive materials and their applications in various sectors. The market offers a wide range of silicone release liners, catering to diverse industry requirements. Manufacturers constantly strive to innovate and improve the quality of release liners to meet the evolving needs of the adhesive industry.
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Silicone Release Liners Market Landscape
- Loparex LLC,
- UPM Raflatac,
- Mondi plc,
- Mitsubishi Chemical America, Inc.,
- Siliconature Spa,
- Avery Dennison Corporation,
- 3M Company,
- Gascogne Group,
- Rayven, Inc.,
- Felix Schoeller Group,
- Jindal Poly Films Limited’,
Key Takeaways from Silicone Release Liners Market
- By liner type, paper liners segment is expected to expand at an impressive pace of 7%CAGRduring 2021-2031.
- By application, labels segment is expected to hold 8%of value share in 2031 on the back of heightened demand for pressure-sensitive labels.
- Sales of silicone release liners in the food industry are projected to expand at a CAGR of 5%during the span of the next 10 years.
- By region, North America and Europe is estimated to hold over half of the total silicone release liners market owing to their well-established packaging liners industry.
- South Asia and East Asia market are emerging as the most lucrative pockets, exhibiting growth at a CAGR of 5%and 11.4%, respectively.
“Rapid expansion of healthcare and food & beverages sectors across the globe is anticipated to create growth opportunity for the silicone release liners market. With increasing need for safe packaging, key players are focusing on new product launches to expand their portfolio and gain competitive edge in the market” says FMI analyst.
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Market Trends and Growth Factors
The Silicone Release Liners Market has witnessed significant growth over the years, driven by several key trends and factors. Let’s explore some of the notable trends shaping the market:
1. Growing Demand for Pressure-Sensitive Adhesive Products
The increasing demand for pressure-sensitive adhesive products across various industries is a major driver for the silicone release liners market. As the adoption of adhesive-based solutions continues to rise, the demand for high-quality release liners to ensure efficient application and performance is also increasing.
2. Technological Advancements in Release Liner Manufacturing
Technological advancements have led to the development of advanced release liner manufacturing processes. These advancements have resulted in improved liner properties such as release force, smoothness, and dimensional stability. Manufacturers are investing in research and development to enhance liner performance, expand application possibilities, and meet evolving industry requirements.
Silicone Release Liners Market by Category
By Liner Type:
- Paper Liner
- Film Liner
By Coating Type:
- Single Side Coated
- Double Side Coated
By Application:
- Labels
- Tapes
- Graphic Films
- Hygiene and Medical Applications
- Others (Envelope, etc.)
By End Use:
- Food and Beverages
- Healthcare
- Electrical and Electronics
- Chemical
- Other Industrial
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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