PET Liner Market Forecast and CAGR
Global sales/shipments of PET Release Liner are estimated to grow at a compound annual growth rate (CAGR) of 4% for 2021-2031.
Asia-Pacific is expected to be the largest market by value and volume and will witness the fastest growth during the forecast period, owing to the increase in industrial, medical and packaging applications. It is estimated that China will become the largest manufacturer of PET release liners in the region.
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PET Release Liner the solution for beverage labeling PET release liner
is suitable for wet applications such as beverages. Beer cans, for example, are often extremely wet by the time they reach the labeling process, so the increased durability is a significant advantage in any adverse situation.
Also, an advantage of using a PET release liner over paper liners is that they don’t break as easily. Due to their sturdiness, PET release liners are an excellent choice for high-speed applicators. The above factors will drive the demand for PET non-stick coating in the market.
Drive increased productivity and reduced costs to propel demand
PET release liner is 60% thinner than most conventional release liners, resulting in reduced waste, reduced expense inventory, reduced materials and lower shipping costs.
Improved line speeds, elimination of web breaks during printing and distribution, and increased packaging all contribute to increased productivity. The PET release liner can be recycled, which will increase its demand as manufacturers make sustainability a priority.
The demand outlook in the United States and Canada for the PET release
liner market The PET release liner market is expected to hold a major market share in the release liner industry in the United States , with major manufacturers dictating market dynamics.
PET release liner is currently the second most popular release liner in Canada, after paper-based release liners. The Canadian PET release liner market, on the other hand, is expected to grow steadily over the forecast period.
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European PET release liner market outlook PET release
liner is the future of the European release liner market. PET release liners are manufactured as thin liners in the region, and future improvements must be able to utilize the region’s existing installed base of label manufacturing/application equipment.
Sustainability and recycling measures will play an important role in the growing demand for Release PET liner in the region between 2021 and 2031.
PET Release Liner: Key Players
Some key manufacturers in the PET Release Liner market include
Shanghai CN Industries Ltd.
Strips Guangtai Adhesive Products Co. Ltd.
Fox River Associates LLC
Advanced Coated Products Ltd.
and Blue Label Packaging among others
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PET Release Liner: Market Segmentation:
Based on Form, the global PET release liner market is segmented as follows:
Sided Double Sided
Coating Based, Global PET Non-Stick Coatings Market is segmented as follows:
Coating Silicone-Free Coating
Based on End Application, Global PET Non-Stick Coatings Market is segmented as follows:
Food & Beverage
Based on region, the global PET non-stick coatings market is segmented as follows:
America Latin America
Middle East & Africa
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