Holographic Film Market Segmentation by Top Companies, Type and Key Region
The global hologram film market evaluates growth trends in the industry and is predicted to display a significant rise in the CAGR by 2022. It is a thin film that is used to protect and secure private data and to aid in counterfeiting authentication of genuine documents.
Ionic liquids have been identified as suitable material for fabrication of symmetric and asymmetric holographic films. A rapid rise in the use of counterfeit drugs has escalated the use of hologram films in the pharmaceutical industry. The growing incidences of fraudulent packaging operations and product duplicity have accounted for market hindrance. Strict government regulations and laws related to the usage of authentic raw materials have thrown light on ethical business practices and the legitimate manufacturing companies have demonstrated an interest to invest heaving in the research, testing, and packaging of their products.
Based on holographic lamination film, the market has been segmented into metalized holographic lamination film and transparent holographic lamination film. The market split by application, includes food and drink, FMCG and personal care, pharmaceuticals, and others.
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The comprehensive overview of the hologram films market has identified North America, Latin America, the Middle East & Africa, Europe and the Asia Pacific as the key regions. The North American region is estimated to exhibit huge traction due to an adoption of robust hologram technologies for various end user companies. Most of the dominating players have found their headquarters in North America and the rest of U.S.A. All these factors are driving the growth of cholesterol tests kits market in the North America region. The emerging regions like the Middle East & Africa and Asia Pacific are expected to exhibit fast growth in the forthcoming years.
The hologram film market is characterized by the presence of major international players and emerging domestic entrants. The top players profiled in holographic film market comprise of Holotek Technology, Zhejiang Zhongjia, Amcor, DFP, Wanshun, Chuangxin, API Group, Duropack, K LASER, Jinjia, Shunho, Taixing, and Nikka Techno among others. In terms of sustainability and standardization, the hologram film market is opening new opportunities for savvy entrants to capitalize on the growing demand. Infrastructural development, along with significant R&D in the North American region has contributed significantly to the global market share. Norland Optical Adhesive 65® is a photosensitive material that has demonstrated very high potential and effectiveness for preserving light-sensitive material in real-time.
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