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 play a crucial role in various industries, providing a reliable and efficient solution for release applications. From adhesive tapes to medical products, the silicone release liners market has witnessed significant growth in recent years.
Silicone release liners are protective materials coated with a silicone release agent on one or both sides. They are widely used in industries that require adhesive materials to be protected until application. The primary function of silicone release liners is to facilitate the easy release of adhesive materials, ensuring proper application and functionality. With the increasing demand for adhesive products across various sectors, the silicone release liners market has experienced substantial growth.
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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.
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’,
“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 Forecast
The silicone release liners market is subject to various trends and factors that influence its growth and development. Some of the notable trends in the market include:
- Increasing Demand for Sustainable Solutions: With the growing emphasis on sustainability, there is a rising demand for eco-friendly and recyclable silicone release liners.
- Advancements in Release Coating Technologies: Manufacturers are continuously developing advanced release coating technologies to enhance the performance and efficiency of silicone release liners.
- Growing Adoption of Silicone Release Liners in Emerging Economies: Emerging economies are witnessing increased industrialization and infrastructure development, leading to higher demand for silicone release liners.
- Shift towards Customized Release Liners: End-users are increasingly seeking customized silicone release liners tailored to their specific application requirements, driving the market towards more personalized solutions.
According to market forecasts, the silicone release liners market is expected to witness steady growth in the coming years, driven by the increasing demand for adhesive products in various industries.
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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