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“Global Adhesive Film Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global adhesive film market report has been segmented on the basis of film material, application, end-use industries, and region.
Adhesive Film Market: Introduction
Adhesive film are pre-catalyzed adhesives which include a wide range of compounds such as phenolic, bismaleimide, and epoxy that are supplied in a form of sheet or film. After subjected to curative process these film adhesives form permanent structural bond on attaching surface and have an ability to withstand any environmental aggressors, primarily for high temperatures. Adhesive films are also utilized in small-sized and lightweight electronic devices which require low-cost packaging of flexible materials. In addition, adhesive tapes and films have various application in production of lightweight automobiles parts with enhanced efficiency.
Polypropylene is a cost-effective plastic as compared to other polyolefin and thermo-forming materials. Moreover, polypropylene offer high resistant to wide range of solvent and acids solutions with temperature range up to 212F. Furthermore, bi-axially oriented polypropylene (BOPP) is utilized in a various tape application including multi-purpose packaging and food packaging. They offer low hydrophilicity and restrict printing by ink or adhesives wetting.
Adhesive Film Market: Dynamics
Increasing adoption for adhesive film across end-use industry such as transportation and construction and packaging is a factor expected to fuel the global adhesive film market growth. Growing demand of adhesive film from electrical and electronics industry is among additional factor estimated to drive the global adhesive film market growth.
Growing adoption of these coating products improve the shelf life of materials and rising demand from medical industry owing to its properties including superior temperature resistance, UV light, and others. Moreover, growing pharmaceutical, e-commerce, and consumer durables industries. These are factors expected to propel the global market growth. In addition, rising demand from emerging economics is additional factor expected to propel the global market growth.
However, fluctuating raw material cost is a key factor expected to limit the global adhesive film market growth.
Adhesive Film Market: Segment Analysis
Among the film material segments, the polypropylene segment is estimated to register moderate revenue share in the global adhesive film market. The revenue of the polypropylene segment is anticipated to register highest CAGR.
Among the application segments, the label segment is projected to register moderate revenue share in the global adhesive film market. This is attributed to rising demand for pharmaceutical products, increasing urban population, increasing consumer awareness, and rapid growth of e-commerce industry. The revenue of the label segment is anticipated to register highest CAGR.
Among the end-use industries segments, the electronics and electrical segment is projected to register major revenue share in the global adhesive film market. The revenue of the electronics and electrical segment is anticipated to register fastest CAGR.
Adhesive Film Market: Region Analysis
The Asia Pacific adhesive film market is projected to account for major revenue share in the global adhesive film market. Asia Pacific adhesive film market is also projected to register fastest revenue growth, owing to high growth in the packaging, construction, pharmaceutical, and automotive industries in this region.
Global Adhesive Film Market Segmentation:
Segmentation by Film Material:
- Polypropylene (PP)
- Polyethylene (PE)
- Polyvinyl Chloride (PVC)
- Others (PET, PU, PA)
Segmentation by Application:
- Graphic Films
Segmentation by End-use Industries:
- Electrical & Electronics
- Others (Signage, Medical, and Construction)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- 3M Company
- Avery Dennison Corporation
- UPM-Kymmene Oyj
- CCL Industries Inc.
- Constantia Flexibles Group GmbH
- Cosmo Films Limited
- Toray Industries, Inc.
- Coveris Holdings S.A.
- Mondi Group
- Ester Industries Limited
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