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The specially created polyester film known as “Matte Films” has a medium haze, a medium gloss, and an exceptional matt and grainy texture. In a market where all surface materials are becoming more competitive, this matte film’s metallization gives it a luxurious appearance and aesthetics (silver finish).
The Global MATTE FILM market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Many of the automotive and electronic industries have been adversely impacted by the coronavirus as it spreads over the world and the pandemic is on the rise. Due to a lack of supplies and a decline in market demand for autos, the European Automobile Manufacturers’ Association has temporarily closed numerous operations throughout Europe.
Additionally, a large number of employees are dealing with coronavirus illnesses and must be either hospitalized or isolated at home. However, a significant portion of the European automobile industry continues to produce emergency services vehicles, such as ambulances, fire trucks, and law enforcement vehicles, among others.
Due to Europe’s prominence in the car industry and the fact that the automotive sector is a major market driver for matte films, this has negatively impacted the market’s expansion.
With high opacity and low density at 0.55 g/cm3, Innova Films has introduced Rayo Form EUP60, a matte white BOPP film created especially for in-mold labelling.
Toray Plastics USA’s new Lumira STM soft touch matte film is a novel matte coated polyester film technology that streamlines processing and can yield a robust, high-end, soft touch matte composite film.