Polishing and Lapping Film Market

Polishing/Lapping Film is a polyester-based sheet powder that is covered in precisely graded minerals like aluminum oxide, silicon oxide, cerium oxide, silicon carbide, or diamond. Lapping film is a precision coated abrasive used to treat and polish optical fiber connectors. Polishing/Lapping Films are primarily used to finish and polish difficult-to-grind materials such as ceramics, carbide, unusual alloys, hardened metals, composites, and other materials. Micro finishing and polishing are done with lapping and polishing films when tight tolerances are required. Glass, metal, and plastic are some of the substrates utilized in polishing and lapping films. Electronic components, fiber optic connectors, precision instruments, medical devices, hard disc drives, waveguides, micro motors, displays, mobile portable case, finishing and repair, glass cleaning and repair, glass edge polish, and other applications all employ polishing / lapping film. Polishing / Lapping Film has benefits such as reducing rejects and reworks by eliminating traverse and chatter marks, changing grades in less than a minute, saving downtime on multiple grade sequences, superior durability, higher cut rate, fine finishes, achieve finer finishes, micro replicated abrasives, and more.

COVID-19 impact analysis

• Following the COVID-19 outbreak, many industries were shut down due to implementation of lockdown and curfew at many places. The production of various goods were compromised due to safety measures.
• COVID-19 pandemic has created a few new business prospects for the polishing/Lapping Film Market in addition to this impact. There was high-end devices of the medical equipment due to which their production was increased hence growing the polishing/lapping market.
• Due to disrupted supply chain all over the world, the logistics of the materials faced a lot of problems. This resulted in delayed deliveries which made people to look for the substitutes. Hence growth of the market was affected.

Top impacting factors

The rising use of polishing/lapping film in the electronics sector is a major factor driving the market. Manufacturing businesses are concentrating on providing films that will produce a high-quality finish on cylindrical or flat surfaces utilizing traditional processes such as slurries, bonded wheels, and honing stones. The new film-backed abrasive technique aids in achieving uniformity and predictable finish tolerances, all while being easier and faster. This aids in improving productivity while lowering costs. Polishing/lapping films, on the other hand, takes time and is slow for the technicians who do it. Several times during the polishing process, the polishing must be halted to protect the target layer. Traditional lapping and polishing film production technologies, such as slurries and honing stones or bonded wheels, are sluggish and time-consuming processes that necessitate a long run cycle in order to give safe target layer films to the end product. This is expected to limit market growth during the forecast period.

Market Trends

New product launch

• 3M Polisher ST is an enhanced, single-use AEX solution meant to replace reused AEX polishing columns in biologic drug manufacturing, according to 3M Health Care. Polisher ST helps to enhance process economics by lowering the number of processing steps in the biopharma manufacturing workflow. The new device was created by 3M scientists who are dedicated about finding better ways to manufacture biologic medications.
• Traditional procedures like as bonding wheels or slurries, and honing stones, which are chaotic and time-consuming, are being replaced with films that provide a high-quality finish on flat or cylindrical surfaces. It may achieve consistency, predictable finish tolerances in a faster and easier method with the new film backed abrasive technology, increasing production and lowering prices.
• Because of the new film-backed abrasive technique, it is now possible to achieve uniformity and predictable finish tolerances in a simple and quick manner, lowering costs and enhancing production. The majority of Polishing / Lapping Film manufacturers are located in China and South Asia, from which Polishing / Lapping Film is exported to regions such as Europe, North America, and Others.
• Factors such as per capita consumer spending on electronic gadgets and significant investment in finishing and polishing in the region, as well as its manufacturing units market in India and China, are expected to fuel market expansion in the region.

Key Benefits of the Report

• This study presents the analytical depiction of the polishing/lapping film industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the polishing/lapping film market share.
• The current market is quantitatively analyzed to highlight the polishing/lapping film market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
• The report provides a detailed polishing/lapping film market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the polishing/lapping FILM Report

• Who are the leading market players active in the polishing/lapping film market?
• What current trends will influence the market in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What future projections would help in taking further strategic steps?
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 Polishing and Lapping Film Market Report Highlights