Global silicone film market size is expected to reach $1.48 billion by 2028

Dublin, Ireland – The “Silicone Film Market Size, Share & Analysis, By Membrane Type (Silicone Film, Silicone Coated Film, And Silicone Release Liners), By Film Type, And By End-Use (Electronics, Medical, Industrial, Packaging & Others), And By Region, Global Forecast To 2028” report has been added to ResearchAndMarkets.com’s offering.

The global silicone film market size is expected to reach USD 1,484.7 Million in 2028, and register a CAGR of 6.1% during the forecast period.

Silicone films have wide scope of applications in manufacturing of wire insulations, lamps, lighting, and power distribution grids, among others, due to superior dielectric properties and high thermal stability of the films. These are major factors expected to drive market growth.

Silicone resins-based films offer properties such as durability, flexibility, and superior strength, resistance to extreme temperatures, resistance to chemicals, and non-toxic nature. Available types of silicone films include PP-siliconized films, PE-siliconized films, low-density polyethylene films, and high-density polyethylene, etc. These films are widely used in various industries including medical, electronics, and packaging, among others.

Increasing consumption of silicone films in consumer electronics, booming E-commerce and food delivery service sectors, which are resulting in high consumption of silicone films in packaging industry are other major factors expected to drive growth of the global silicone film market.

Companies Mentioned include Wacker Chemie; Mitsubishi Chemical Corporation; Elkem; Momentive Performance Materials; Loparex; Dowdupont; Toray Advanced Film; Siliconature; Polyplex; Sappi Limited