Allied Market Research
Loading...
Cart
0

Adhesive Film Market Expected to Reach $26.7 Billion by 2026

 

Report Code : A05384

quote Innovations in the adhesive industry are expected to offer lucrative growth opportunities to the global adhesive film market. A recent trend observed in the market is the use of pre-cut layered adhesive films, which saves a lot of time in automotive assembly. Automotive vehicle manufacturers are utilizing thin laminated adhesive films that are cut to size to free a designer from creating a custom part. These adhesive films are used to reduce weight of vehicles, as well as offer aesthetically pleasing results, which enables automotive devices to be thinner. quote

Eswara Prasad
Manager, Chemicals & Materials at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, 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, handheld 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 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. 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Adhesive Film Market by Film Material (Polypropylene, Polyvinyl Chloride, Polyethylene and Others), Technology (Water-based, Solvent-based, Hot Melt, Pressure-sensitive and Others), and End User Industry (Electrical and Electronics, Aerospace , Automotive and Transportation and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Adhesive Film Market"
Purchase Enquiry