Pune, India, Aug. 30, 2018 (GLOBE NEWSWIRE) -- As per the latest report published by Market Research Future (MRFR), the global release liner market will capture a compound annual growth rate of 4.90% between 2018 and 2023. Towards the end of the review period, the market is expected to reach a valuation in excess of USD 98,663.8 Mn. Both production and application of release liner have increased substantially in recent years. The industrial boom and rapid urbanization in fast-developing countries such as China, India, and Mexico among others is fairly responsible for the particular market trend. The construction sector has emerged as a major consumer of release liners. In the countries mentioned above, infrastructural development is an important agenda, which is reflecting favorably on the release liner market. Sales of release lines has picked up steam as an upshot of the increased infrastructural activities along with new regulation and stipulation in the construction sector.
A vast range of release liners are available with some being developed for specific tasks. The widespread usage of release liners in the packaging industry has augured well for market players. Changing consumer trends and increased reliance on commercially manufactured or ready-made goods continues to create a greater requirement for packaging materials such as release liners. Over the years, the worldwide supplies of packaged products have grown manifold. As a result, market players are proactively focusing on product innovation in order to meet client needs. By introducing release liners with features such as moisture resistance, and protection form chemical, and ultraviolet (UV) rays, players are aiming to optimize the efficiency of their product. Moreover, the advent of digital printing technology has not only allowed manufacturers to reduce cost but also boost production capacity as well as helping address the ecological concerns.
Key Players and Competition Tracking
Some of the leading market players profiled in the report include Gascogne Flexible Company (Norway), Loparex Holding BV (Netherlands), Sappi Limited (South Africa), 3M (U.S.), UPM Raflatac (Finland), Eastman Chemical Company (U.S.), Avery Dennison Corporation (U.S.) and Mondi (U.S.).
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/6241
Latest Industry News
Tennessee based Verso Corporation is set to bolster its Androscoggin Mill in Jay to increase production capacity of release liner paper. Reportedly, the upgrading process will be take place over the course of 18 months. This will also allow verso to capitalize on the growing demand for pressure sensitive laminators.
Japan based barcode and RFID technology company Sato has recently introduced an eco-friendly direct thermal linerless labeling. The product is likely to bring cost-benefits to users and focuses on being a sustainable labeling option. The product will have specialized release coatings with optional perforated tear lines and no release liners.
Release Liner Market Segmentation: Insights
MRFR’s Release Liner Market report includes a detailed segmental analysis of the market based on labeling technology, application, printing process and substrate. On the basis of labelling technology, the market has been segmented into glue applied, in-mold, stretch sleeve, shrink sleeve, pressure sensitive, and others. The glue applied segment holds the dominant position and the trend is expected to continue throughout the assessment period. The pressure sensitive segment accounts for the second largest share on the market. On the basis of application, the market has been segmented into medical & pharmaceutical, automotive, food & beverage, electronics, construction and cosmetics & personal care. Among these, the food & beverage segment accounts for a considerable share of the market. This can be attributed to the rising preference for ready-to-eat and processed food. By printing process, the market has been segmented into offset, screen, gravure, digital printing and flexography. In 2017, the flexography segment accounted for the largest market share. Meanwhile, the digital printing segment is projected to exhibit a relatively higher CAGR over 2023. On the basis of substrate, the market has been segmented into film-based and paper-based. The film-based segment is expected to remain highly lucrative over the next couple of years. Film-based release liner have superior features such as durability, moisture resistance and hygro stability and thereby has high preference in the packaging sector.
Browse the market data and information spread across 100 pages with 291 data tables and 18 figures of the report “Release Liner Market Report - Forecast 2018-2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/release-liner-market-6241
Asia Pacific will Remain at the Forefront of the Global Release Liner Market
In the report, the release liner market has been covered across regions such as Europe, Latin America (LatAm), the Middle East & Africa (MEA), North America and Asia Pacific (APAC). APAC is the most attractive market for release liner owing to rapid industrialization and urbanization. In addition, the region’s market is expected to record the strongest CAGR during the review period. APAC is followed by North America and Europe respectively. Presence of Tier-1 release liner companies in North America is supporting the growth of the market in the region. The markets in the MEA and LatAm are also expected to grow but from a smaller base. These regions will remain in investors’ radars as industrialization picks up pace.
Browse Related Reports:
Release Coatings Market Research Report by Material (Silicone, Non-Silicone), Formulation (Solvent-Based, Water-Based, Oil Emulsions and others), Application (Labels, Tapes, Hygiene, Industrial, Medical, Food & Bakery), and Region– Forecast till 2023
https://www.marketresearchfuture.com/reports/release-coatings-market-5374
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.