The global adhesive film market was valued at $17.3 billion in 2018 and is projected to reach $26.7 billion by 2026, growing at a CAGR of 5.5% from 2019 to 2026.
Adhesives films are solid thermoplastic sheets or thermosetting polymers partially cured and cut to use in components, substrates, or lids. These films are adaptable in applications such as protective films, graphic films, labels, and tapes. Adhesive films are increasingly utilized in radio transmitter, LED lighting, aviation hardware, handheld processing, and car gadgets.
These are comprised of materials, for example, polyethylene, polyvinyl chloride, polypropylene, polyvinyl acetic acid derivation, and polyvinyl butyral. Factors, for example, stringent government standards to bring down carbon discharges by lessening vehicle weight, are expected to drive the market growth. These government regulations boost the demand for adhesive films in automotive applications to bond and seal automotive parts. Unpredictability of raw material costs and stringent guidelines related to unstable natural compound discharges from adhesive films is expected to hamper the growth of the market.
The global adhesive film market is segmented on the basis of film material, technology, end user industry, and region. On the basis of film material, it is divided into polypropylene, polyvinyl chloride, polyethylene and others. By technology, it is classified into water-based, solvent-based, hot melt, pressure-sensitive and others. On the basis end user, it is categorized into electrical and electronics, aerospace, automotive and transportation and others.
Region wise, the global adhesive film market is studied across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, , the UK, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
Key players operating in the global adhesive film market are BASF SE, The 3M Company, DuPont., The Dow Chemical Company, Solvay, Akzo Nobel N.V., Arkema Group, Dymax Corporation, Henkel AG & Co. KGaA and Hitachi Chemical.
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
By Film Material
By Technology
By End-Use Industry
By Region
KEY PLAYERS
Adhesives films are solid thermoplastic sheets or thermosetting polymers partially cured and cut to use in components, substrates, or lids. These films are adaptable in applications such as protective films, graphic films, labels, and tapes. Adhesive films are increasingly utilized in radio transmitter, LED lighting, aviation hardware, handheld processing, and car gadgets.
These are comprised of materials, for example, polyethylene, polyvinyl chloride, polypropylene, polyvinyl acetic acid derivation, and polyvinyl butyral. Factors, for example, stringent government standards to bring down carbon discharges by lessening vehicle weight, are expected to drive the market growth. These government regulations boost the demand for adhesive films in automotive applications to bond and seal automotive parts. Unpredictability of raw material costs and stringent guidelines related to unstable natural compound discharges from adhesive films is expected to hamper the growth of the market.
The global adhesive film market is segmented on the basis of film material, technology, end user industry, and region. On the basis of film material, it is divided into polypropylene, polyvinyl chloride, polyethylene and others. By technology, it is classified into water-based, solvent-based, hot melt, pressure-sensitive and others. On the basis end user, it is categorized into electrical and electronics, aerospace, automotive and transportation and others.
Region wise, the global adhesive film market is studied across North America (the U.S., Canada, and Mexico), Europe (Germany, France, Italy, , the UK, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA).
Key players operating in the global adhesive film market are BASF SE, The 3M Company, DuPont., The Dow Chemical Company, Solvay, Akzo Nobel N.V., Arkema Group, Dymax Corporation, Henkel AG & Co. KGaA and Hitachi Chemical.
KEY BENEFITS FOR STAKEHOLDERS
- Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for building strategies.
- It outlines the current trends and future scenario of the adhesive film market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
- Major countries in four major regions, namely, North America, Asia-Pacific, Europe, and LAMEA have been mapped according to their individual revenue contribution in the market analysis at regional and country-level.
- The adhesive film market trends such as drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
- The profiles of key players along with their contribution in market growth are enlisted in the report.
- The adhesive film market forecast is studied from the year 2019 to 2026.
KEY MARKET SEGMENTS
By Film Material
- Polypropylene
- Polyvinyl Chloride
- Polyethylene
- Others
By Technology
- Water-based
- Solvent-based
- Hot Melt
- Pressure-sensitive
- Others
By End-Use Industry
- Electrical and Electronics
- Aerospace
- Automotive and Transportation
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Africa
- Middle East
- Rest of LAMEA
KEY PLAYERS
- BASF SE
- The 3M Company
- DuPont.
- The Dow Chemical Company
- Solvay
- Akzo Nobel N.V.
- Arkema Group
- Dymax Corporation
- Henkel AG & Co. KGaA
- Hitachi Chemical
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: ADHESIVE FILM MARKET, BY FILM MATERIAL
CHAPTER 5: ADHESIVE FILM MARKET, BY TECHNOLOGY
CHAPTER 6: ADHESIVE FILM MARKET, BY END-USE INDUSTRY
CHAPTER 7: ADHESIVE FILM MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES:
Executive Summary
According to this report titled, 'Adhesive Film Market by Film Material, Technology, Application, and End-User Industry: Global Opportunity Analysis and Industry Forecast, 2019-2026,' the global adhesive film market was valued at $17.3 billion in 2018 and is projected to reach $26.7 billion by 2026, growing at a CAGR of 5.5% from 2019 to 2026.The key factors that drive the growth of this market include rise in application of adhesive films in radio frequency identification (RFID), LED lighting, aerospace electronics, construction, h and held computing, and consumer electronics. Packaging industries also drive the growth of the adhesive film market as these films are increasingly utilized to increase the safety of packaging material.
The global adhesive film market is segmented on the basis of film material, technology, end user industry, and region. On the basis of film material, it is divided into polypropylene, polyvinyl chloride, polyethylene and others. Others include materials such as polyurethane, polyesters, and ethylene vinyl acetate. The polyvinyl chloride segment was the highest contributor to the market and is expected to grow at a CAGR of 5.0% during the forecast period. The polyethylene segment is the fastest growing segment and is estimated to grow at a CAGR of 6.5%. The polyvinyl chloride and polypropylene segments collectively accounted for around 43.8% market share in 2018, with the former constituting around 24.8% share.
By technology, it is classified into water-based, solvent-based, hot melt, pressure-sensitive and others. The water-based segment was the highest contributor to the market and is expected to grow with a CAGR of 5.6% during the forecast period. The pressure-sensitive segment is estimated to grow with the highest CAGR of 6.4%. The water-based and pressure-sensitive segments collectively accounted for around 57.9% market share in 2018, with the former constituting around 41.0% share.
Depending on end user, the market is classified into electrical & electronics, aerospace, automotive & transportation and others. The other end users include furniture, footwear, and construction. The automotive and transportation segment was the highest contributor to the market and is expected to grow with the CAGR of 6.0% during the forecast period. The electrical and electronics segment is expected grow with the CAGR of 6.2%.
Region wise, the global adhesive film market is analyzed across North America ( the U.S., Canada, and Mexico), Europe (Germany, France, Italy, the UK, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Brazil, Saudi Arabia, South Africa, and rest of LAMEA). Asia-Pacific is expected to exhibit a faster growth rate during the forecast period, owing to an increase in consumer electronics demand. Moreover, cheap labor availability and favorable government policies in India and China have encouraged manufacturers to shift their manufacturing base in these countries. Asia-Pacific was the highest revenue contributor and is expected to grow with a CAGR of 6.3%. Asia-Pacific and Europe collectively accounted for around 69.0% share in 2018, with the former constituting around 40.0% share.
The key players involved in the market include 3M Company, Henkel AG & Co. KGaA, DowDuPont, Huntsman International LLC., Avery Dennison Corporation, Sika AG, Wacker Chemie AG, Hexcel Corporation, Cytec Solvay Group, and Evonik Industries.
Key Findings of the Study:
- In 2018, the Asia-Pacific market held a share of over 40.0% in the adhesive film market size.
- The Water-based technology segment is expected to hold a dominant position in the adhesive film market share during the forecast period.
- The Pressure-sensitive segment is projected to grow at a CAGR of 6.4% by 2026.
- The automotive and transportation dominated the adhesive film market in 2018.
The qualitative data in the report aims on the adhesive film market trends, dynamics, and developments in the adhesive film industry while the quantitative data provides information about the market share and market size, in terms of revenue and volume.
Companies Mentioned
- 3M Company
- Henkel AG & Co. KGaA
- DowDuPont
- Huntsman International LLC.
- Avery Dennison Corporation
- Sika AG
- Wacker Chemie AG
- Hexcel Corporation
- Cytec Solvay Group
- Evonik Industrie
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 372 |
| Published | March 2020 |
| Forecast Period | 2018 - 2026 |
| Estimated Market Value ( USD | $ 17.3 billion |
| Forecasted Market Value ( USD | $ 26.7 billion |
| Compound Annual Growth Rate | 5.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
