Adhesive Films Market: Temperature Resistance, High Strength And Fatigue Resistance Properties Aidinf The Market Expansion

Adhesive Films Market Overview

According to a recent survey conducted by ChemView Consulting, the Global Adhesive Films Market grew at a CAGR of 4.3% between 2017-2021 and is estimated to be US$ 38941.7 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.7 % and is expected to reach a valuation of US$ 61,642.7 Mn by 2032 end.

Throughout the projected period, the market is anticipated to grow in response to this shift in growth rate related to its characteristics, including temperature resistance, high strength and fatigue resistance, variety in the application, and use.

ChemView Consulting has analyzed that LED light strips create various lighting effects. These adhesive films are advantageous in two ways. They can provide subtle or drastic changes to light color and can be applied on different surfaces. They can also be integrated into existing fixtures, system designs, and form factors to meet a range of applications from commercial and industrial spaces to residences. The market is witnessing an increased demand for these products because they help manufacturers reduce costs while providing lightweight, easy installation and maintenance solutions.

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Segments Covered in Report

By Material :

  • BOPP
  • PVC
  • PE
  • PA
  • Others

By Adhesive Type :

  • Acrylic
  • Rubber
  • Silicone

By Technology :

  • Water Based Adhesives
  • Solvent Based Adhesives
  • Hot Melt Adhesives
  • Pressure Sensitive Adhesives
  • Others

By Application :

  • Protective Films
  • Graphic Films
  • Tapes
  • Labels
  • Lamination
  • Others

By End-use :

  • Electrical & Electronics
  • Building & Construction
  • Automotive
  • Aerospace
  • Logistics
  • Others

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Key Takeaways from the Adhesive Films Market

  • Based on the Material, At 45.0% of the market, Polypropylene had the greatest revenue share. Polypropylene will dominate the adhesive film market in 2021. This material helps adhesive films to be cost-effective, durable, and versatile. Moreover, polypropylene material is easily shaped and highly resistant to several acids and solvent solutions.
  • Based on the Technology, In the adhesive film market, hot melt technology dominated 2021. Hot melt adhesives are used to produce hot melt adhesives, which are implemented in a wide range of product assemblies, such as large surface lamination, small joint assembly, mounting, and trip attachment.
  • Based on Region, With a market share of up to 47.6% in 2021, the Asia-Pacific region had the greatest market share for the adhesive film. The Region’s expanding vehicle industry is to blame for the increased need for adhesive films.

Competition Summary

Key companies covered in the market study are 3M Company, BASF SE, Avery Dennison Corporation, Klockneer Pentaplast Group, CL Industries, Toray Industries, Irplast S.p.A., Cosmo Films Ltd., TEKRA, LLC, H.B. Fuller Company.

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Report Key Highlights and Coverage

  • Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
  • Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
  • The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
  • Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
  • Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
  • Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
  • Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
  • Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
  • Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
  • Strategic market analysis, recommendations, and future headways on crucial winning strategies.

About ChemView Consulting

ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have been collaborating with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.

What sets ChemView Consulting apart?

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