The global adhesive film market size reached US$ 34.2 Billion in 2022. Looking forward, the market is expected to reach US$ 45.8 Billion by 2028, exhibiting a growth rate (CAGR) of 4.99% during 2022-2028.
Adhesive films refer to solid thermoplastic sheets or partially cured thermosetting polymers specifically designed to stick different materials under extreme heat or pressure. These films are made of various materials such as polyethylene, polyvinyl chloride, polypropylene, polyvinyl acetate and polyvinyl butyral. They also include compounds like phenolic and epoxy resins and bismaleimide. They can be cut to size and attached to large-area components, substrates and lids. Adhesive films are electrically and thermally conductive as well as heat-cured at temperatures from 125-150°C. As a result, they are used in aerospace electronics, construction, automotive electronics, consumer electronics, and handheld computing.
Adhesive films refer to solid thermoplastic sheets or partially cured thermosetting polymers specifically designed to stick different materials under extreme heat or pressure. These films are made of various materials such as polyethylene, polyvinyl chloride, polypropylene, polyvinyl acetate and polyvinyl butyral. They also include compounds like phenolic and epoxy resins and bismaleimide. They can be cut to size and attached to large-area components, substrates and lids. Adhesive films are electrically and thermally conductive as well as heat-cured at temperatures from 125-150°C. As a result, they are used in aerospace electronics, construction, automotive electronics, consumer electronics, and handheld computing.
Adhesive Film Market Trends
The extensive use of adhesive films as bonding agents in the production of automobiles is one of the key factors driving the growth of the market. Automobile manufacturers are developing lightweight vehicles, wherein they use adhesive films as replacements for mechanical joints. Besides this, adhesive films are utilized by designers to enable unique design features instead of welding, bonding, sealing, laminating or stitching. These technologies also allow the engineering of exterior hard shell garment details, such as cuff tabs, reinforced hood peaks, pocket openings, and external protective laminated panels. In the electronics industry, these films are employed to hold information labels and warnings and protect insulation wraps, which enhances the safety of the packaging materials. Governments across various countries are also undertaking stringent initiatives to harmful emissions by promoting film adhesives that are silicone- and halogen-free and RoHS compliant. These adhesive films reduce material waste, thereby making industrial processes more environmentally friendly. Moreover, with technological advancements, manufacturers are introducing next-generation bio-adhesive films that provide high performance.Key Market Segmentation
This research provides an analysis of the key trends in each sub-segment of the global adhesive film market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on film material, technology, application and end use industry.Breakup by Film Material:
- Polypropylene
- Polyvinyl Chloride
- Polyethylene
Breakup by Technology:
- Water-based Adhesives
- Solvent-based Adhesives
- Hot Melt Adhesives
- Pressure-Sensitive Adhesives
Breakup by Application:
- Tapes
- Labels
- Graphic Films
Breakup by End Use Industry:
- Packaging
- Aerospace
- Electrical and Electronics
- Automotive and Transportation
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Latin America
- Brazil
- Mexico
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Adhesive Films Inc., Akzo Nobel N.V., Arkema, Avery Dennison Corporation, BASF SE, Dow Inc., H.B. Fuller Company, Henkel AG & Co. KGaA, Nitto Denko Corporation, Showa Denko K. K., Solvay and Toray Advanced Composites.Key Questions Answered in This Report:
- How has the global adhesive film market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global adhesive film market?
- What are the key regional markets?
- What is the breakup of the market based on the film material?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global adhesive film market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Adhesive Film Market
6 Market Breakup by Film Material
7 Market Breakup by Technology
8 Market Breakup by Application
9 Market Breakup by End Use Industry
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
Companies Mentioned
- 3M Company
- Adhesive Films Inc.
- Akzo Nobel N.V.
- Arkema
- Avery Dennison Corporation
- BASF SE
- Dow Inc.
- H.B. Fuller Company
- Henkel AG & Co. KGaA
- Nitto Denko Corporation
- Showa Denko K. K.
- Solvay
- Toray Advanced Composites
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 142 |
| Published | November 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 34.2 Billion |
| Forecasted Market Value ( USD | $ 45.8 Billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
