Polyethylene Napthalate Market - Global Industry Analysis, Trends and Forecast 2014 – 2020

Polyethylene napthalate also abbreviated as PEN is a type of polyester exhibiting excellent barrier properties. Polyethylene napthalate is chemically similar to polyethylene terepthalate (PET), however it’s more temperature resistant and acts as a better barrier compared to PET. Polyethylene napthalate films exhibit several desirable characteristics such as excellent dielectric strength, superior hydrolysis resistance, excellent dimensional stability, good thermal conductivity, high mechanical strength and low thermal shrinkage. Commercial market for polyethylene napthalate is still in a nascent stage and the full potential of the product is yet to be realized. However polyethylene napthalate has found acceptance in several applications such as textiles, industrial fibers, foamed articles, containers for beverages, films and other thermoformed applications. Polyethylene napthalate is generally available in the market in the form of laminates, granules, rods and films.

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The primary driver for the polyethylene napthalate market is its application in electrical and electronic equipments. Owing to the high temperature resistance and good dielectric constant PEN provides excellent volumetric efficiency for metalized construction which is required in capacitors. Polyethylene napthalate films exhibits characteristics for signal coupling, filtering and bypassing applications. Polyethylene terepthalate is also used for the same applications in the electrical and electronics market, however the acceptance of polyethylene napthalate has been on the rise owing to superior physical and chemical characteristics. Another major application of polyethylene napthalate is in the bottle manufacturing industry. PEN had been approved by the FDA to be used as containers for carbonated beverage, water, personal care products and house hold chemicals among others. Perishable food...