Film Adhesives Market Size by Resin Type, Technology, End-Use Industry, Region – Segment-Level Market Assessment, Growth Opportunity Analysis, Competitive Mapping & Forecast to 2030
Overview
The Film Adhesives Market size was valued at USD 22.64 Billion in 2023 and the total Film Adhesives revenue is expected to grow at a CAGR of 5.81% from 2024 to 2030, reaching nearly USD 33.62 Billion.
Film Adhesives Market Dynamics:
The global film adhesives market is driven by factors like increasing demand for film adhesives from numerous end-use industries like aerospace, consumer electronics, automotive & transportation, and electrical & electronics. This high demand is attributable to its excellent properties like high strength and high-temperature resistance, which are essential in the automotive industry. Additionally, the film adhesives can be applied directly that offer ease of using film adhesives is fueling the growth of the global film adhesives market.
A type of film adhesives like epoxy adhesives is experiencing high demand from the automotive and transportation industries because of its high performance and high strength. The epoxy film adhesives are able to perform under high pressure and fatigue resistance, which is further bolstering the growth of the global film adhesives market.
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However, high production cost and complicate production of films are restraining the growth of the global market. Nonetheless, the growing application of film adhesives in consumer electronics is offering lucrative opportunities for growth in the upcoming years.
Segment Analysis:
Based on the end-use industry segment, the automotive & transportation segment is estimated to contribute the largest market share during the forecast period. This growth can be attributed to the expansion of the automotive industry in the APAC region, which has led to a rise in the production of automobiles. Film adhesives are used in automotive manufacturing in bonding components and supporting assembly functions
On the basis of the Resin Type segment, the epoxy segment is estimated to contribute the largest market share during the forecast period. Epoxies are high-performance adhesives providing high strength, high-temperature resistance, and high fatigue resistance.
Regional Insights:
In terms of region, the APAC region is estimated to be at the highest position during the forecast period. Film adhesives are preferred over conventional adhesives in high-end aerospace applications as they aid in the manufacturing of large parts, providing easy shop handling, which is crucial for high-end aerospace applications. Furthermore, there is a gradual shift of manufacturing facilities to APAC countries because of low production costs. These factors are estimated to drive the growth of the global market in the APAC region.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data, and projections with a suitable set of assumptions and methodology. The report also helps in understanding global market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders prioritizing the efforts and investment in the near future to the emerging segment in the Global market.
Film Adhesives Market Key Highlights:
Global Market analysis and forecast, in terms of value.
Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global market
Global Film Adhesives Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
Film Adhesives Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
Global Film Adhesives Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global market are also profiled.
Film Adhesives Market Scope : Inquire before buying
| Global Film Adhesives Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | USD 22.64 Bn. |
| Forecast Period 2024 to 2030 CAGR: | 5.81% | Market Size in 2030: | USD 33.62 Bn. |
| Segments Covered: | by Resin Type | Epoxy Cyanate Ester Acrylic Others |
|
| by Technology | Heat Cured Pressure Cured EB/UV Cured |
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| by End-Use Industry | Aerospace Electrical & Electronics Automotive & Transportation Consumer Others |
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Film Adhesives Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
North America (United States, Canada and Mexico)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Film Adhesives Market Key Players are:
1. Henkel
2. H.B. Fullera
3. 3M Company
4. Arkema (Bostik)
5. Hexcel Corporation
6. Cytec Solvay Group
7. Royal Ten Cate (Tencate Advanced Composites)
8. Master Bond
9. Nusil
10. Axiom Materials, Inc.
11. Lord Corporation
12. Bondline Electronic Adhesives
13. AI Technology
14. Gurit
15. Fastel Adhesives and Substrate Products
16. Rogers Corporation
17. Plitek
18. Gluetex
19. Dai Nippon Printing Co., Ltd.
20. HMT Manufacturing
21. Everad Adhesives
22. Permabond
23. Protavic International
Frequently Asked Questions:
1. Which region has the largest share in Global Film Adhesives Market?
Ans: Asia Pacific region held the highest share in 2023.
2. What is the growth rate of Global Film Adhesives Market?
Ans: The Global Film Adhesives Market is growing at a CAGR of 5.81% during forecasting period 2024-2030.
3. What is scope of the Global Film Adhesives market report?
Ans: Global Film Adhesives Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Film Adhesives market?
Ans: The important key players in the Global Film Adhesives Market are – Henkel, H.B. Fuller, 3M Company, Arkema (Bostik), Hexcel Corporation, Cytec Solvay Group, Royal Ten Cate (Tencate Advanced Composites), Master Bond, Nusil, Axiom Materials, Inc., Lord Corporation, Bondline Electronic Adhesives, AI Technology, Gurit, Fastel Adhesives and Substrate Products, Rogers Corporation, Plitek, Gluetex, Dai Nippon Printing Co., Ltd., HMT Manufacturing, Everad Adhesives, Permabond, Protavic International, and L&L Products
5. What was the Global Film Adhesives Market size in 2023?
Ans: The Global Film Adhesives Market size was USD 22.64 Billion in 2023.