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The global market for release liners is likely to expand at a compound annual growth rate (CAGR) of 6.3% from 2016-2024, according to a recent report from Transparency Market Research. The market reportedly will reach $10 billion in 2015 to $17 billion by the end of the forecast period. Researchers predict the consumption of release liners to cross 66,278 million sq m.
Among application segments, the pressure-sensitive label stocks segment led the global market in 2015 with $5.4 billion in revenues, and is expected to remain dominant throughout the forecast period.