According to Future Market Insights’ (FMI’s) most recent analysis, the market for silicone release liners will increase through 2023, with global revenues rising by 5.1%. In 2023, it’s anticipated that silicone release liners would generate a total of US$1.39 billion in sales. Between 2023 and 2033, the demand is expected to grow at a 7.7% CAGR, according to FMI. By 2033, the market is anticipated to exceed $2.93 billion USD.
Pressure-sensitive labels, tapes, and medical equipment are just a few examples of the many adhesive-backed products that require the use of silicone release liners. These silicone release liners offer a low-friction surface to make it simple for the adhesive backing to be released. The market has expanded tremendously over the years as a result of the need for adhesive-backed products across various industries.
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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’,
Increasing applications of silicone release liners in the packaging industry such as tapes, graphic films and labels are spurring sales. Superior benefits provided by silicone release liners such as improved quality, durability and tensile strength will continue improving their demand across diverse industries.
Advantages such as faster manufacturing process, economical final product, and eco-friendly features are bolstering paper silicone release liners demand. Furthermore, increased application of silicone release liners in food and beverage industry is expected to accelerate sales in the market.
Manufacturers in the food & beverage industry are adopting aggressive branding and marketing of food products to gain competitive edge. To improve the appeal of their products, they are improving quality of packaging, which is propelling the adoption of silicone release liners.
Aggressive branding and marketing in the food and beverages industry is anticipated to drive the market for silicone release liners in the coming years.
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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Growing Awareness Regarding Hygiene Products Fueling Demand for Silicone Release Liners
Growing awareness among consumers in developing nations such as India and Brazil regarding the hygienic packaging for products in infant and sanitary care sectors is resulting in high demand for silicone release liners.
Silicone Release Liners Market Projected The Demand To Rise At 8.1% CAGR Between 2021 And 2031.
Initiatives undertaken by NGOs and government bodies for promoting these products to the rural as well as economically weaker section of people living in urban areas are resulting in the g demand for hygiene products.
Rising demand is attracting many new players to enter the market. Meanwhile established companies are focusing on expanding their footprint worldwide.
For instance, key players such as Johnson & Johnson and P&G are focusing on capitalizing on untapped opportunities in the emerging markets to increase their market share and expand consumer base.
As silicone release liners are widely used for hygiene products due to their ease in detaching from the products and efficiency in carrying the adhesives, sales are expected to increase.
As per FMI, Loparex LLC, UPM Raflatac, Mondi plc are some of the Tier 1 players in the global silicone release liners market. The Tier 3 players like Felix Schoeller Group, Jindal Poly Films Limited and Gascogne Group among others in the market hold 55-65% in the global silicone release liners market.
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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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