Post-COVID-19 scenario, the global Heat Transfer Film market size will reach US$ 3475.11 million in 2026 from US$ 2656.98 million in 2020rowing at CAGR of 4.58% between 2020 and 2026.
The thermal transfer film is a dielectric material of the thermal transfer process. The thermal transfer decorative process is a process of transferring a decorative pattern on a thermal transfer onto a surface of a decorative building material by a heat transfer film to form a high-quality decorative film. In the thermal transfer process, the protective layer and the pattern layer are separated from the polyester substrate by the combination of heat and pressure, and the hot melt adhesive permanently bonds the entire decorative layer to the substrate.
Global Heat Transfer Film Market- Key Players
Stahls' Inc, Chemica US Corp, Dae Ha Co. Ltd., Innovia Films Limited, Avery Dennison Corp, Siser Srl, Hexis Corporation, Poli-Tape Group, Hanse Corporation, MINSEO Co, Unimark Heat Transfer Co, SEF Textile, Advanced Display Materials, Neenah, Sappi Group, Hansol, Guangdong Guanhao High-Tech, RTape Corp, Decoral System, Cumption, Liyang, Taizhou Lianqi Printing Packing, Xuetai, are analyzed in the report.
Heat Transfer Film is a broad territory that can be classified in many ways based on different method. Heat Transfer Vinyl and Heat Transfer Paper(sublimation paper) are mainly used in digital printing industry. Leading players of Heat Transfer Vinyl are located in USA, Europe and South Korea, such as Stahls' Inc, Avery Dennison Corp, Siser Srl and Poli-Tape Group. Leading players of Heat Transfer Paper are located more separately, with total market size about 2861.91 Million USD in 2019. The market is fragmented with more than 300 players.
The market of Heat Transfer Film is highly fragmented. In 2019, the top 10 players takes around 13.00% of global market in terms of sales volume. Top players include Stahls' Inc, Guangdong Guanhao High-Tech, Chemica, Neenah, Siser Srl etc., which are playing important roles in global Heat Transfer Film market.
COVID-19 has posed negative influence on digital printing market, textile industry, advertising and construction, etc. The saturation of the textile and advertising market makes it more difficult to maintain the market size in 2020. Since COVID-19 would be lasting for 1-2 years in the worldwide, the major market of Heat Transfer Film would be in stagnation for the coming year.
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