Global silicone release liner market forecast at $2.9 billion by 2033
Pune, India – The global silicone release liners market is projected to register positive growth through 2023, with global revenues up by 5.1%, forecasts Future Market Insights (FMI) in its recent study. Overall sales of silicone release liners are expected to total US$ 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 are essential components in the production of various adhesive-backed products, like pressure-sensitive labels, tapes, and medical devices. These silicone release liners provide a low-friction surface to allow for the easy release of the adhesive backing. Over the years, the market has grown significantly owing to the demand for adhesive-backed products across several industries.
Pressure-sensitive labels are widely used in various end-use industries, such as food and beverage, healthcare, consumer goods, and others. The growing demand for pressure-sensitive labels has resulted in an increased demand for silicone-release liners. The rising demand for these products has also resulted in the growth of the silicone release liners market. Silicone-release liners are biodegradable, which makes them an eco-friendly alternative to traditional release liners.
The medical industry is one of the predominant users of silicone release liners. The liners are used in medical devices, such as wound dressings, transdermal patches, and other adhesive-backed medical products. The increasing demand for these products has resulted in a growing demand for silicone-release liners in the medical industry. The global market is also predicted to increase as a result of the expanding usage of silicone release liners in the construction and building, as well as automotive sectors.
The growing demand for high-performance silicone release liners has given rise to an increase in the development of new products with improved properties. The development of new products using silicone release liners, such as silicone release liners, with special properties including high heat resistance, high strength, and high chemical resistance, presents significant opportunities for market growth.
Release liners are widely used as a backing material for the face, stocking labels, tapes, and other applications where the adhesive needs to be protected for a long period. They are coated with silicone to protect the integrity of the adhesive and allow efficient and easy release of the face stock from the liner as and when required.
Each liner is designed to meet tight specifications and is paired with the right adhesive to ensure optimal performance. Hence, paper and films are the commonly used liner types in the industry for the benefits they provide as a backing material.
Silicone-coated release liners are significantly gaining traction with the burgeoning demand for labels in the packaging industry. Silicone-based release liners were used only by key manufacturers that required bulk pressure-sensitive labeling operations. However, with the evolution of silicone release liners, they are currently being used for even small operations and applications. This is mainly due to the emergence of several small-scale manufacturers in the silicone-coated release liners market. Also, silicone release liners are widely adopted due to key players’ efforts in making them easily available and for small requirements from regional end users.
The increasing popularity of using the base material for silicone release liners as paper instead of films is another revolutionary transition that the market is currently witnessing. The paper-based release liners usually need a barrier layer between the material and the silicone coating to ensure an even application and maintain the integrity of the paper.
Paper-based liners are gaining popularity among manufacturers, as they help in marinating their sustainability targets. The adoption of paper-based liners has also increased among end-users, as it provides superior strength under tension and reliability on high-speed packaging lines.
As per FMI, the silicone release liners market is steadily gaining pace across the globe in the packaging industry. An increasing number of players in the release liners industry are switching to silicone-coated release liners.
This shift in choice is expected to boost their productivity and efficiency, which is anticipated to bolster the market demand over the coming years. These factors are anticipated to support a 2.1X increase in the silicone release liners market between 2023 and 2033. The market is projected to be worth US$ 2.93 billion by the end of 2033, according to FMI analysts.