Release Liners Market value crossed USD 98,663.8 Million; Release Liners Industry is poised to grow at moderate CAGR 4.9% from 2018 to 2025: MRFR

Release Liners Market value crossed USD 98,663.8 Million; Release Liners Industry is poised to grow at moderate CAGR 4.9% from 2018 to 2025: MRFR

“”Release Liners Market Research Report – Global Forecast till 2025″”
Release Liners Market value crossed USD 98,663.8 Million, Release Liners Industry is poised to grow at moderate CAGR 4.9% from 2018 to 2025, Release Liners Market Analysis, Share, Trends, and Industry Forecast by Substrate, Application, Region and End User Forecast | Release Liners Industry

Global Release Liners Market: Competitive Landscape

The prominent players in the global release liners market are 3M (U.S.), UPM Raflatac (Finland), Mondi (U.S.), Eastman Chemical Company (U.S.), Avery Dennison Corporation (U.S.), and Sappi Limited (South Africa).

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The top five players, namely, 3M, UPM Raflatac, Mondi, Eastman Chemical Company, and Avery Dennison Corporation collectively account for the majority market share of around 75%. The global release liners market mostly comprises established tier-1 companies located in the U.S. but with a global network. Asia-Pacific and North America are the growth-centric regions in the market, and global players are focusing on these two regions for business capacity expansions. Industry players are adopting approaches such as acquisitions and expansion to earn maximum revenue and are forming partnerships, considering the high threat of new entrants.

In June 2015, 3M launched its 1250 self-sealing rubber tape, especially for moisture insulation functions. It is an adhesive-free tape in which the roll is provided with a separator between the layers to prevent them from sticking to each other. This offers security for external connections while providing professional termination.

Mondi caters to the entire packaging and paper value chain, from managing forests and producing pulp, paper, and plastic films to developing and manufacturing effective industrial and consumer packaging solutions. The company is organized into four business units—packaging paper, fiber packaging, consumer packaging, and uncoated fine paper. The company has more than 100 production sites across 30 countries with four international business units. The company mainly operates in the European market, specializing in kraft paper, containerboard, corrugated packaging, industrial bags, release liners, extrusion coatings, offset papers, consumer goods packaging, advanced films, and hygiene products components.

UPM Raflatac acquired the assets of Southwest Label Stock, located in Irving, Texas (U.S.), on 7 August 2017. The acquisition allowed UPM Raflatac to expand its business in the Texan and South-Western U.S. label markets by being highly responsive and offering a wide range of high-quality products with fast turnaround.

In 2016, Avery Dennison acquired Mactac’s European business from Platinum Equity, a California-based private equity firm. This acquisition enhanced Avery Dennison’s competitiveness in the high-value graphics market as Mactac’s core product lines were complementary to Avery Dennison’s existing graphics portfolio. The Mactac business expanded Avery Dennison’s global footprint and strengthened its capacity support.

Sappi Limited announced its acquisition of the specialty paper business of Cham Paper Group (CPG) Holding AG for approximately USD 149 million in December 2017. The transaction included the acquisition of CPG’s Carmignano and Condino mills in Italy, their digital imaging business located in Cham, as well as all the brands. The acquisition is expected to strengthen Sappi’s specialty paper business both in Europe and the rest of the world. It is expected to increase profitability and innovative potential within the specialty paper market. The acquisition was made as a significant step toward the company’s Vision 2020 goal. 

In July 2015, Loparex Group acquired 100% ownership of the Indian joint venture company Kaygee-Loparex India Private Ltd. The addition of Loparex-India’s manufacturing assets and employees was complimentary to the company’s unique and continuing investment strategy.

Market segmentation:

By substrate, the global release liner market has been bifurcated into paper-based and film-based. The film-based segment is currently dominating the market and is anticipated to retain its forefront position through the review period exhibiting a relatively higher CAGR.

Based on labeling technology, the release liner market has been segmented into glue applied, shrink sleeve, pressure sensitive, stretch sleeve, in-mold, and others. Among these, the glue applied segment is projected to dictate the growth trajectory closely trailed by the pressure sensitive segment in the forthcoming years.

By printing process, the global release liner market has been segmented into digital printing, flexography, offset, gravure, and screen. The flexography segment held the lion’s share of the market in 2017. However, the digital printing segment is anticipated to gain traction and expand at the highest CAGR across the projection period.

On the basis of application, the release liner market has been segmented into food & beverage, cosmetics & personal care, medical & pharmaceutical, electronics, automotive, and construction. Among these, the food & beverage segment is likely to retain the most substantial share of the market owing to high disposable income.

Industry News:

In May 2019, ITASA, a manufacturer of high-quality release liners, has initiated production at its latest plant in Querétaro, Mexico. The plant is expected to serve the entire continent.

In July 2018, Verso Corporation’s Androscoggin Mill has introduced technological upgrades for increasing its release liner paper production capacity.

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