Surface Protection Films Market Expands with Industrial Growth – openPR.com
Surface Protection Films Market Report with Emphasis on Sustainable Development Goals (SDGs)
Market Overview and Growth Projections
The global Surface Protection Films market is experiencing significant transformation driven by technological advancements, changing consumer behaviors, and increasing competition across various industries. In 2022, the market was valued at US$ 1.3 billion and is projected to reach US$ 2.0 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 5.1% during 2024-2031.
Role of Surface Protection Films in Sustainable Development
Surface Protection Films serve as adhesive films that protect surfaces during shipping, installation, or manufacturing processes in sectors such as electronics and automotive. Their growing demand aligns with Sustainable Development Goals, particularly:
- SDG 9: Industry, Innovation, and Infrastructure – by fostering innovation in eco-friendly film technologies and supporting industrial growth.
- SDG 12: Responsible Consumption and Production – through the development of sustainable and recyclable surface protection materials.
- SDG 8: Decent Work and Economic Growth – by creating new market opportunities and jobs in emerging economies.
Key Market Players
- DUNMORE
- Tradegar Surface Protection
- Nitto Denko Corporation
- Ecoplast Ltd
- POLIFILM GROUP
- Chargeurs
- Bischof+Klein SE & Co. KG
- Aristo Flexi Pack
- 3M
Market Dynamics and Sustainable Development
Surging Adoption in Emerging Economies
Surface protection films are essential for preventing damage such as scratches, abrasions, dirt, UV exposure, and environmental stress during manufacturing and logistics. Rapid industrialization and infrastructure development in Asia, Latin America, and Africa are driving increased demand, supporting SDG 9 by promoting resilient infrastructure and sustainable industrialization.
Companies are responding by enhancing innovation and production capacity. For instance, Tredegar Surface Protection launched an advanced production line in 2020 focused on high-performance films that protect sensitive optical surfaces, contributing to sustainable manufacturing processes.
Research Methodology and Scope
The report is developed through a robust methodology combining primary interviews, expert insights, and verified secondary data sources. It employs both bottom-up and top-down approaches to ensure data accuracy and covers:
- Current market trends and growth potential
- Strategic developments across global and regional markets
- Environmental and regulatory frameworks impacting the industry
Regional Market Overview
- North America: U.S., Canada, Mexico
- Europe: U.K., Italy, Germany, Russia, France, Spain, The Netherlands, Rest of Europe
- Asia-Pacific: India, Japan, China, South Korea, Australia, Indonesia, Rest of Asia Pacific
- South America: Colombia, Brazil, Argentina, Rest of South America
- Middle East & Africa: Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa
Report Highlights and Strategic Insights
- Demand-supply gap analysis, market size estimation, SWOT and PESTEL analyses
- Go-to-market strategies aligned with sustainable growth principles
- Neutral market performance perspectives
- Customized regional and country-level reports
- Identification of niche segments and regions with promising sustainable growth
Key Questions Addressed
- What are the global sales, production, consumption, imports, and exports in the Surface Protection Films market?
- Who are the top manufacturers and what are their capacity, production, sales, pricing, and revenue statistics?
- What key opportunities and challenges do vendors face, especially in relation to sustainable practices?
- Which product types, applications, or end-users drive market growth and what is their market share?
- What are the major growth drivers and restraints, including environmental and regulatory factors?
Contact Information
- Company Name: DataM Intelligence
- Contact Person: Sai Kiran
- Email: Sai.k@datamintelligence.com
- Phone: +1 877 441 4866
- Website: https://www.datamintelligence.com
About DataM Intelligence
DataM Intelligence is a market research and consulting firm delivering end-to-end business solutions from research to consulting. The firm leverages trademark trends, insights, and developments to provide swift and astute solutions. Their extensive research database includes over 6,300 reports across 40+ domains, serving more than 200 companies in over 50 countries, supporting sustainable business growth aligned with global development goals.
1. Sustainable Development Goals (SDGs) Addressed or Connected to the Issues Highlighted in the Article
- SDG 9: Industry, Innovation and Infrastructure
- The article discusses rapid technological advancements, innovation in eco-friendly film technology, and expansion of manufacturing and industrial sectors, especially in emerging economies.
- It highlights infrastructure growth in Asia, Latin America, and Africa, and the role of surface protection films in manufacturing and logistics.
- SDG 12: Responsible Consumption and Production
- The article mentions innovations in eco-friendly film technology, which relate to sustainable production practices.
- Surface protection films help reduce waste by protecting products from damage during shipping and handling.
- SDG 8: Decent Work and Economic Growth
- Market growth and industrial expansion in emerging economies contribute to economic development and job creation.
- The report’s focus on market growth, investment opportunities, and capacity expansion supports economic growth.
- SDG 17: Partnerships for the Goals
- The article references collaboration among major industry players and the use of data-driven intelligence, indicating partnerships and knowledge sharing.
2. Specific Targets Under Those SDGs Identified Based on the Article’s Content
- SDG 9: Industry, Innovation and Infrastructure
- Target 9.2: Promote inclusive and sustainable industrialization and, by 2030, significantly raise industry’s share of employment and gross domestic product.
- Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies.
- SDG 12: Responsible Consumption and Production
- Target 12.5: By 2030, substantially reduce waste generation through prevention, reduction, recycling, and reuse.
- Target 12.6: Encourage companies, especially large and transnational companies, to adopt sustainable practices and to integrate sustainability information into their reporting cycle.
- SDG 8: Decent Work and Economic Growth
- Target 8.2: Achieve higher levels of economic productivity through diversification, technological upgrading, and innovation.
- Target 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation.
- SDG 17: Partnerships for the Goals
- Target 17.16: Enhance the global partnership for sustainable development, complemented by multi-stakeholder partnerships that mobilize and share knowledge, expertise, technology, and financial resources.
3. Indicators Mentioned or Implied in the Article to Measure Progress Towards the Identified Targets
- Market Size and Growth Rate
- The article provides data on the global surface protection films market size (US$ 1.3 billion in 2022) and projected growth (expected to reach US$ 2.0 billion by 2031 with CAGR of 5.1%).
- This can be linked to indicators measuring industrial growth and economic productivity (e.g., SDG 9.2.1 – Manufacturing value added as a proportion of GDP).
- Innovation and Adoption of Eco-friendly Technologies
- References to innovations in eco-friendly film technology imply measurement of adoption rates of sustainable technologies (e.g., SDG 9.4.1 – CO2 emission per unit of value added).
- Regional Industrialization and Market Expansion
- Growth in emerging economies (Asia, Latin America, Africa) suggests indicators related to industrial employment and infrastructure development (e.g., SDG 9.2.2 – Manufacturing employment).
- Corporate Sustainability Practices
- Encouragement of companies to adopt sustainable practices implies tracking sustainability reporting and waste reduction efforts (e.g., SDG 12.6.1 – Number of companies publishing sustainability reports).
- Partnerships and Collaboration
- Collaboration among industry players and use of data-driven intelligence relates to indicators measuring multi-stakeholder partnerships (e.g., SDG 17.17.1 – Amount of United States dollars committed to public-private partnerships).
4. Table: SDGs, Targets and Indicators
SDGs | Targets | Indicators |
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SDG 9: Industry, Innovation and Infrastructure |
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SDG 12: Responsible Consumption and Production |
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SDG 8: Decent Work and Economic Growth |
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SDG 17: Partnerships for the Goals |
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Source: openpr.com