Loading...
0

Global Optically Clear Adhesive Market Expected to Reach $2,391.4 Million by 2025

 
 

quote Optically clear adhesives possess superior optical as well as materialistic properties, which are application specific, and are only used in display applications. Therefore, in this digital era, optical clear adhesives market is developing at significant rate. Moreover, technological advancement across the globe is widening the scope for novel electronic devices, especially for electronics consumer devices. Consequently, considerable investment is underway by industry players to produce novel product formulations. quote

Onkar Sumant
Manager, Chemical and material 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,"Optically Clear Adhesive Market, by Type of Resin and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global optically clear adhesive market was valued at $1,228.95 million in 2017, and is projected to reach $2,391.43 million by 2025, registering a CAGR of 8.6% from 2018 to 2025. The market in Asia-Pacific accounted for nearly half of the global share, due to the presence of dynamic consumer electronic economy, such as Taiwan, and largest electronics industry base, such as Japan.

The optical adhesive market has witnessed significant growth in the recent years, due to the introduction of advanced displays. These adhesives are used to bind optical components together or to an optical system. The optical adhesive segment accounted for smaller share in the overall adhesive market for which growth was drastic as a result of transformation in the electronics markets. Based on resin type, acrylic adhesives are largely preferred as compared to other adhesives, owing to their enhanced optical performance, transmittance to UV radiation, and strong adhesion to different substrates. Following acrylic adhesives, silicon adhesives are widely adopted, as they possess a wide range of materialistic properties such as high flexibility and enhanced temperature cyclic resistance.

Based on application, the outdoor digital signage segment garners major attention of market players, due to its cost-effective nature. Marketers and modern entrepreneurs who focus on the use of digital outdoor signage digital boards for outdoor promotional and marketing campaigns, which has considerably fueled the demand for optical adhesives.

Asia-Pacific emerged as the global leader in the global optically clear adhesive market, owing to several factors such as presence of the developing economies, such as China and India, emergence Taiwan as a dynamic consumer electronic economy, and surge in adoption of consumer electronic goods in the region. China contributes almost half of the regional shares by producing and consuming half of the smart phones, tablets, and automotive & LCD screens.

Key Findings of the Optically Clear Adhesive Market:

  • On the basis of resin type, the acrylic segment accounted for 28.52% global market share, in terms of value.
  • Based on application, the mobile phone segment dominated the global market with 25.5% global market share in 2017 in terms of value.
  • The Asia-Pacific region emerged as global leader with 45% global market share in in 2017, whereas North America is anticipated to grow with highest CAGR of 11.3% during the forecast period.

The major key players operating in the global optically clear adhesives market include Henkel AG & Company, The 3M Company, Tesa SE, Dow Corning, Nitto Denko Corporation, Lintec Corporation, Saint-Gobain SA, Dymax Corporation, Hitachi Chemical, and Delo Industrial Adhesives LLC.

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

Shaun Godinho
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 Optically Clear Adhesive Market by Resin Type (Acrylic, Polyvinyl Acetate, Polyurethane, Silicon, Epoxy, and Others) and Application (Mobile Phones, Tablets, Monitors, Television, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2018 - 2025 quote

View Report
 
 

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
"Global Optically Clear Adhesive Market"
Purchase Enquiry