Polyester Medical Films Market: Introduction
· Polyester is synthetic fiber made of petrochemicals. It is athermoplastic monomer and classified as saturated and unsaturated polyester. Itis used to manufacture polyester films for various applications.
· Polyester medical film is derived from polyester polymer. It isused in various medical applications, such as diagnostic strips, medical tapes,face shields, dialysis and infusion bags, etc. Properties of polyester medicalfilms include flexibility, hydrophobic nature, high thermal strength, wrinkleresistance, UV protection, and shrink resistance.
· These films offer clarity, are easy to handle, and provideexcellent adhesion and barrier properties. They are cost-efficient than conventionalmedical films.
Rise in Demand for Recyclable Medical Films
· Increase in medical expenditure, rise in per capita income,consumer awareness about health, and properties of these films are key factorslikely to promote the consumption of polyester medical films during theforecast period
· Polyester medical films are recyclable as compared to other filmmaterials. Advanced quality films, such as film with anti-fogging property(which restrict the water droplets formation inside the film), are expected todrive the consumption of polyester medical films.
· Growing trend for biodegradable plastic is one of the keyfactors driving the polyester medical film market. Biodegradable films aremanufactured through bio-based polyesters, which are derived from renewablesources and mineral oils. These films do not emit any toxins and degradeeasily.
· These films are preferred in medical applications due to theirrecyclability and low cost. Volatile prices of raw materials may hamper theglobal polyester medical films.
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Medical Tapes and Adhesives Applications to Offer LucrativeOpportunities
· In terms of end-use, the global polyestermedical films market can be segmented into diagnostic strips, medicaltapes & adhesives, transdermal therapeutic systems (TTS), biosensors,labelling, and others. Demand for polyester medical films in various medicalapplication has been increasing. This is anticipated to offer lucrativeopportunities for the market during the forecast period.
· Polyester medical films are employed in medical applications, asthey can provide high moisture resistance, clarity, tensile strength, andthermal strength. Thus, high performance standards make polyester medical filmsa superior option for different medical applications.
· Demand for medical tapes and adhesives in furniture has beenincreasing. This is likely to provide growth opportunities to the globalpolyester medical films market. Polyester medical films are used to makediagnostic strips, biosensors, and labelling. This is also considered a keyfactor boosting the polyester medical films market.
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Rise in Demand for Polyester MedicalFilms from Medical Tape Manufacturers
· Based on film thickness, the global polyester medical filmsmarket can be segmented into less than 100 micron, 100 micron – 300 micron, andmore than 300 micron
· Polyester medical films can withstand extreme temperature andpressure conditions. This is also one of the factors driving the globalpolyester medical films market. These films have high wicking properties toabsorb biological fluids and are preferred in the manufacturing of biosensorstrips and medical tapes.
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North America to Hold SignificantShare of Global Polyester Medical Films Market
· In terms of region, the global polyester medical films marketcan be split into North America, Europe, Asia Pacific, Latin America, andMiddle East & Africa
· North America is estimated to account for a prominent share ofthe global polyester medical films market in the near future, owing to theadvanced medical sector in the region. Europe holds second position in themarket followed by Asia Pacific. This market in Germany is anticipated toexpand at the maximum CAGR during the forecast period.
· Asia Pacific countries, such as India, China, Thailand,Singapore, and Malaysia are offering lucrative opportunist for the polyestermedical films market. This growth can be attributed to the rise in population,improvement in standard of living, and development and expenditure onhealthcare.
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Key Players in Global Polyester Medical Films Market
The globalpolyester medical films market is highly fragmented in 2018. Prominent playersoperating in the global polyester medical films market are focusing on enteringinto partnerships for the development of innovative products.
Key players operating in the global polyester medical filmsmarket include:
· DuPont Teijin Films
· Filmsquest Group Inc.
· Tekra Corporation
· Toray Industries, Inc.
· Grafix Plastics
· Cheever Specialty Paper & Films.
· DUNMORE Corporation
· ROL-VAC, LP
· Coveme spa
· Tekni-Plex
· Flex Films
· MacDermid Autotype Ltd.
· Vacmet India
· FUTAMURA CHEMICAL CO., LTD.
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