Barrier Films Flexible Electronics Market

Barrier Films Flexible Electronics Market by Products (Flexible Electronics, Photovoltaic, and Others) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-459
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 3
  • No. Of Pages: 155
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The global barrier films flexible electronics market is projected to expand at a CAGR of 28% during the forecast period, 2021 – 2028. The growth of the market is attributed to advancement of devices in flexible form, which enables efficient performance and offers lightweight, robust nature, and versatility to the device.

Barrier Films Flexible Electronics Market Key Takeaways


Flexible barrier films are a flexible substrate, which prevents or encapsulates electronic components from degradation caused due to water and oxygen. Film capsulation is a method, in which barrier film is produced on polymer substrate and is coated onto the electronic device by pressure sensitive glue. Hybrid encapsulation ensures barrier film application and in-line deposition by using pressure sensitive glue.

Market Trends, Drivers, Restraints, and Opportunities:

  • Electronic displays are chemically subtle and have high chances of reacting with the environment, which enables encapsulation of devices to protect them from moisture, oxygen, and chemicals. This in turn, drives the market.
  • Barrier films secure the device efficiently as compared to metal, plastic, and glass, which is projected to boost the market demand.
  • Growth of the market is attributed to barrier films that offer encapsulation to printed and organic devices without affecting their performance, printability, and functionality.
  • Increasing demand for printed and organic electronics devices is expected to drive the market.
  • Rising demand for flexible electronic displays for smart phones is anticipated to propel the demand for the product in the market.
  • Several operators have been opting for barrier films to improve the quality of devices and increase their life.
  • High costs of the product are expected to hamper the market growth.

Scope of the Report:

The report on the barrier films flexible electronics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Barrier Films Flexible Electronics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Flexible Electronics, Photovoltaic, and Others) and Regions

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Eastman Chemical Company, General Electric, 3M, Sigma Technologies, Honeywell International Inc., Sigma Technologies Int’l, Alcan Packaging, and Fraunhofer POLO


Market Segment Insights:

The flexible electronics segment is expected to expand at a rapid pace during the forecast period.
Based on products, the global barrier films flexible electronics market is segregated as flexible electronics, photovoltaic, and others. The flexible electronics segment was valued at USD 20,845.0 million in 2018. Growth of the segment is attributed to portability, low cost of production and light weight as compared to rigid substrates. Flexible electronics finds applications in the gaming and entertainment industry, owing to their capability to roll, curve, fold, conform, and flex, allowing a new intuitive user interface.

Samsung is a prominent player in the electronic industry. The company uses barrier films in the display of its S series smartphones, thus boosting the market. Flexible barrier films have helped manufacturers to manufacture flexible displays at a low cost.

The photovoltaic segment is expected to expand at a substantial rate during the forecast period. Rising need for PV systems in residential applications is estimated to boost the market. Government policies in several regions are supporting photovoltaic projects with connections. Photovoltaic installations require skilled workers, such as scholars in R&D and technicians for supporting all aspects of the PV industry.

Less oxygen transmission rate (OTR) and water vapor transmission rate (WVTR) of barrier films are estimated to increase the demand for the product.

Barrier Films Flexible Electronics Market By Products

The market in Asia Pacific is expected to expand at a robust CAGR during the forecast period.
On the basis of regions, the global barrier films flexible electronics market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific held a major share of the total revenue in 2018. Growth of the market in the region is attributed to increasing investment and rising demand for electronic devices. Additionally, low capital and labor costs are anticipated to expand the market in the region.

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Barrier Films Flexible Electronics Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Barrier Films Flexible Electronics Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Barrier Films Flexible Electronics Market - Supply Chain
  4.5. Global Barrier Films Flexible Electronics Market Forecast
     4.5.1. Barrier Films Flexible Electronics Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Barrier Films Flexible Electronics Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Barrier Films Flexible Electronics Market Absolute $ Opportunity
5. Global Barrier Films Flexible Electronics Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Barrier Films Flexible Electronics Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Barrier Films Flexible Electronics Demand Share Forecast, 2019-2026
6. North America Barrier Films Flexible Electronics Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Barrier Films Flexible Electronics Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Barrier Films Flexible Electronics Demand Share Forecast, 2019-2026
7. Latin America Barrier Films Flexible Electronics Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Barrier Films Flexible Electronics Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Barrier Films Flexible Electronics Demand Share Forecast, 2019-2026
8. Europe Barrier Films Flexible Electronics Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Barrier Films Flexible Electronics Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Barrier Films Flexible Electronics Demand Share Forecast, 2019-2026
9. Asia Pacific Barrier Films Flexible Electronics Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Barrier Films Flexible Electronics Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Barrier Films Flexible Electronics Demand Share Forecast, 2019-2026
10. Middle East & Africa Barrier Films Flexible Electronics Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Barrier Films Flexible Electronics Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Barrier Films Flexible Electronics Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Barrier Films Flexible Electronics Market: Market Share Analysis
  11.2. Barrier Films Flexible Electronics Distributors and Customers
  11.3. Barrier Films Flexible Electronics Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Eastman Chemical Company
     11.4.2. General Electric
     11.4.3. 3M
     11.4.4. Sigma Technologies
     11.4.5. Honeywell International Inc.
     11.4.6. Sigma Technologies Int’l
     11.4.7. Alcan Packaging
     11.4.8. Fraunhofer POLO
Segments Covered in the Report:
The global barrier films flexible electronics market has been segmented on the basis of

Products
  • Flexible Electronics
  • Photovoltaic
  • Others
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Eastman Chemical Company
  • General Electric
  • 3M
  • Sigma Technologies
  • Honeywell International Inc.
  • Sigma Technologies Int’l
  • Alcan Packaging
  • Fraunhofer POLO

Key players in the global barrier films flexible electronics market include Eastman Chemical Company, General Electric, 3M, Sigma Technologies, Honeywell International Inc., Sigma Technologies Int’l, Alcan Packaging, and Fraunhofer POLO. Manufacturers are investing largely in R&D to discover technologies for reducing emissions & losses and improving efficiency. Partnerships and acquisitions are the major strategies adopted by the vendors for expanding the business.

Fraunhofer Polymer Surface Alliance produced a technology for changing films with a layer system, which is resistant to oxygen and water vapor, without disturbing the optical transparency and flexibility of the film. The technology is founded on the basis of oxide layers deposited by reactive spitting, which is divided by the intermediate polymer layer.

Barrier Films Flexible Electronics Market  By Key Players 

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