Functional Films Market: 3M, Toray Industries, Nagase & Co., Ltd., Eastman Chemical Company, & Tatsuta Electric Wire and Cable Co., Ltd. Focusing on R&D, According to Future Market Insights

VALLEY COTTAGE, N.Y.--()--Leading functional films manufacturers, such as 3M, Toray Industries, Nagase & Co., Ltd., Eastman Chemical Company, Tatsuta Electric Wire and Cable Co., Ltd. are focusing on product innovation through research and development (R&D) and supply chain stability, according to a new report by Future Market Insights.

Browse Report: http://www.futuremarketinsights.com/reports/details/functional-films-market

The report titled, “Functional Films Market: Global Industry Analysis and Opportunity Assessment 2015-2020”, estimates the functional films market to expand at a compound annual growth rate (CAGR) of 4.9% during the period 2015-2020, and reach a valuation of US$ 27.32 Bn.

Minnesota-based 3M is investing heavily in R&D to maintain a steady flow of new products. The company invested US$ 1.8 Bn in R&D in 2014. North America is the largest market for 3M, accounting for nearly 36.8% of the revenue of the company in 2014.

Press Release: http://www.futuremarketinsights.com/pressreleases/details/functional-films-market

Tokyo-based Toray Industries, Inc. offers a range of products in the functional films segment, including polyamide films and battery-separator films for lithium-ion batteries. The company is targeting consolidated net sales of US$ 28.5 Bn by 2020 and plans to expand its global operations through expansion.

Nagase & Co., Ltd., another Tokyo-based company, is a well-known player in the advanced material and processing segment. Through its ‘Change-S2014' plan, the company aims to strengthen its manufacturing base and accelerate global expansion.

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Advanced materials account for nearly 25% of revenue of Tennessee-based Eastman Chemical Company. Companies acquired by Eastman Chemical Company include Taminco Corporation, BP Global Aviatio Turbine Oil Business, Commonwealth Laminating & Coating, Inc. and Knowlton Technologies, LLC.

Get Insights On Chemicals & Materials Market: http://www.futuremarketinsights.com/reports/category/chemicals-materials

Tatsuta Electric Wire and Cable Co., Ltd. is focusing on research and development (R&D) to keep pace with future trends, especially in the smartphone and ultrabook market.

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Future Market Insights is a leading market intelligence and consulting firm delivering syndicated research reports, custom research reports and consulting services. Our research services cover global as well as regional emerging markets such as GCC, ASEAN and BRICS.

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Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

Release Summary

Functional Films Market: Global Industry Analysis and Opportunity Assessment 2015 - 2020

Contacts

Future Market Insights
Christina Johnsan, +1 347-918-3531
F: +1 845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com