The global release liners market was valued at USD 64.50 billion in 2016, and is projected to reach USD 93.02 billion by 2022, at a CAGR of 6.4% from 2017 to 2022. Release liners are used on a sticky surface to prevent premature adhering. These liners are coated with a release agent on one or both sides which prevent them from bonding with the material. The growing use of release liners in hygiene and labels application acts as a key growth driver of the release liners market.
The growing demand for release liners from the manufacturing industry in Asia Pacific and expansion of the automotive industry, especially in emerging economies, are factors contributing to the growth of the global release liners market.
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Automotive and industrial are the major end users of the global release liners market. Release liners are used during the production of the vehicle, in automotive parts and accessories in the automotive industry. Release liners in industrial applications are used on construction components, machinery parts or electronic components. The high-temperature resistance and durability of the release liner allow the components to be stored virtually anywhere and the adhesive would remain potent until the release liner is removed.
Based on substrate type, the films segment of the global release liners market is projected to grow at the highest CAGR during the forecast period. Films release liners have excellent tear resistance and are available in a variety of thickness and density levels. Films release liners offer limited heat resistance during adhesive coating operations, and transfer of silicone can happen if the coating process is not properly designed. These liners are often used for high-performance bonding and assembly tapes since it exhibits excellent tear resistance and allows the liner to come off in one piece.
In 2016, the Asia Pacific was the fastest-growing market for release liners, followed by North America. The high demand for release liners in the Asia Pacific region is attributed to the growth of the hygiene, medical, packaging, and manufacturing industries.
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