The new report by Expert Market Research titled, ‘Global Adhesive Films Market Trends, Size, Share, Growth, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global adhesive films market, assessing the market based on its segments like resin type, technology, end-use, and major regions.
The report tracks the newest trends within the industry and studies their impact on the general market. It also assesses the market dynamics, covering the key demand and price indicators, alongside analysing the market supported the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
- Forecast CAGR (2023-2028): 6%
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Adhesive Films Industry Definition and Major Segments
Adhesive films are adhesives that come in the form of films and stick to surfaces using heat or pressure. They are widely used as fastener, paste, and liquid adhesive substitutes in a variety of end-use industries, with the packaging industry leading the way. The adhesive films market can be divided into three categories: resin type, technology, and end-use.
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Based on resin type, the market can be divided into:
- Cyanate Ester
On the basis of technology, the market can categorised into:
- Heat Cured
- Pressure Cured
- EB/UV Cured
The product finds end-uses in the following sectors:
- Electrical and Electronics
- Automotive and Transportation
- Consumer Goods
Adhesive Films Market Trend
The adhesive films market is expected to grow at a faster rate over the forecast period, owing to increased demand from various industries such as packaging, automotive, electrical and electronics, and construction. The growing urban population is a major driver of demand for drugs, beverages, fast-moving consumer goods, and other consumer goods.
The product’s emerging market is the Asia Pacific region. The expansion of manufacturing operations in the Asia Pacific region will boost demand for adhesive films packaging even more. However, strict public regulations in the chemical industry are expected to stifle industry growth during the forecast period.
Key Market Players
The major players within the market are Henkel AG & Co. KGaA, H.B. Fuller Company, 3M Company, Arkema [AKE (EPA)], Hexcel Corporation, Cytec Industries Inc. (Solvay), and Toray Advanced Composites (Royal Ten Cate), among others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of those market players.
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