Global silicone release liners market forecast with CAGR of 8.1 percent through 2031

Pune, India – The global silicone release liners market will register positive growth through 2021 forecasts Future Market Insights (FMI) in its latest study. Overall sales in the market is expected to total US$ 1.2 Bn in 2021. FMI has projected the demand to rise at 8.1% CAGR between 2021 and 2031.

Despite stagnant sales amid COVID-19, silicone release liners demand is expected to increase at a steady pace through 2021 and beyond. In terms of volume, the market is expected to surpass 5.3 Bn Square Meters by 2021.

Primarily driven by the expansion of healthcare industry across the globe, silicone release liners market is anticipated to rise at 8.1% CAGR between 2021 and 2031 in comparison to the 4.3% CAGR recorded during 2015 to 2020.

Release liners are widely used as a backing material for the face stock of labels, tapes and other application where the adhesive needs to be protected for a longer period of time.  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 most 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 labelling operations.

However, with the evolution of silicone release liners they are currently being used for even smaller 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 it easily available and for smaller requirements from regional end users.

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 needs a barrier layer between the material and the silicone coating to ensure the even application and maintaining integrity of the paper.

Paper based liners are gaining popularity among the manufacturers as they help in marinating their sustainability targets. Adoption of paper based liners also has increased among end-users as it provides superior strength under tension and reliability on high speed packaging lines.

As per FMI, silicone release liners market is steadily gaining pace across the globe in the packaging industry. 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. Owing to these factors, sales of silicone release liners are expected to surpass US$2,652.8 Mn by 2031-end.