Share this link via:
global market for Adhesive Films is forecast to expand at a CAGR of 5.8% and thereby increase from a value of USD 19.4 Billion in 2024, to USD 30.46 Billion by the end of 2032.
Adhesive film sales have skyrocketed globally in the recent years mainly due to increased demand in a number of sectors such as automotive, electronics, packaging, and health care among others. Such accessories as adhesive films, which earned their fame due to their flexibility and effectiveness in bonding dissimilar materials, are indispensable to enhancing the performance and durability of products. This industry is characterized by variety of its applying, continuous technology advancement as well as dynamic competitive environment.
The major driver of adhesive film is the increasing automotive industry as is evident in the following points. Adhesive films are very popular presently because car industry has shifted to lighter materials in a bid to improve fuel efficiency as well as emissions regulations. These films are mainly used in car assembly because they increase structural stability, decrease noise, and effectively join parts. Moreover, it has been revealed that the demand for adhesive films has grown with time because electric vehicles rely on films for protection of electrical parts and assembly of batteries.
Owing to the usage in gadgets such as laptops, wearable electronics, and smartphones, adhesive films are critical components in electronics. The application of adhesive films have risen by the miniaturization of the electronic parts and the need for strong and high performance bonding materials. In addition, new opportunities have emerged on the market due to the consideration of the use of flexible and foldable displays, for which it is necessary to use the best adhesion technologies that will ensure practical applicability and durability.
One of the biggest market that suppliers of adhesive films depend on is the packaging sector. These protective films are gaining more and more popularity due to the constantly rising customer’s preferences towards handy, safe for the environment packaging materials. Alpha-olefin copolymers are ideal for food, beverage, and pharmaceutical packaging because of these films’ sealing properties, tampering indication, and aesthetics. There is a need for robust and protective packagings for the products hence enhancing the uses of the adhesive films brought about by e-commerce.
Market Drivers:
Market Trends:
Market Restraining Factors:
Market Opportunities Factors:
Report Coverage:
The report will cover the qualitative and quantitative data on the global Adhesive Film Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
By Resin Type (Acrylic, Rubber, Silicone, Others), By Film Material (PVC, PP, PE, Others), By Application (Tapes, Graphic Films, Labels), By End-use Industry (Packaging, Construction, Transportation, Electrical & Electronics, Others).
Report Scope and Segmentations:
Study Period | 2024-32 |
Base Year | 2023 |
Estimated Forecast Year | 2024-32 |
Growth Rate | CAGR of 5.8% from 2024 to 2032 |
Segmentation | By Resin Type, By Technology, By Application, By Region |
Unit | USD Billion |
By Resin Type |
|
By Technology |
|
By Application |
|
By Region |
|
Adhesive Film Market Players Analysis:
Key Industry Developments:
In May 2024, H.B. Fuller Company, the biggest pureplay adhesives company in the world, announced that it has acquired ND Industries Inc., a leading provider of specialty adhesives and fastener locking and sealing solutions serving customers in the automotive, electronics, aerospace, and other industries.
In February 2023, 3M unveils its new medical adhesive that can stick to the skin for up to 28 days and is intended for use with a wide array of health monitors, sensors, and long-term medical wearables. Prior to 2022, the standard wear time for extended medical adhesives was up to 14 days. 3M now doubles that standard to help deliver a more patient-centric model of care.
Adhesive Film Market Segmentation Analysis:
The report also helps in understanding Global Adhesive Film Market dynamics, structure by analyzing the market segments, and project the Global Adhesive Film Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Adhesive Film Market make the report investor’s guide.
Segmentation Analysis:
The market scope is segmented because of by Resin Type, by Film Material, by Application, by End-use Industry.
Based on the Resin Type of the market is segmented into Acrylic, Rubber, Silicone, Others.
The global adhesive film market is segmented by resin type, with key categories including acrylic, rubber, silicone, and others. The most common is acrylic based on the fact that this material has high transparency, is resistant to UV rays, and has a high glue strength, and the scope of its application is relatively versatile – automotive and electronics industries, packaging and other industries. Pressure sensitive adhesive films based on rubber provide high initial adhesion and fast bond formation and used for temporary treatments, especially if the flexibility is of great importance, as for example in construction and assembly. Thus, silicone adhesive films have a special place due to their excellent heat resistance, chemical, and heat-shock reactive properties, and widespread application in aerospace, medical, and electronics industries. Other types of resins are polyurethane and epoxy resins and they are used in specific applications that demand specific performance features such as high toughness and resistance to moisture. Such a segmentation also helps in the determination of adhesive demands of industries that helps to enhance its growth and innovation.
Based on the Film Material of the market is segmented into PVC, PP, PE, Others.
The global adhesive film market is segmented by film material into categories such as PVC (polyvinyl chloride), PP (polypropylene), PE (polyethylene), and others. Each material offers distinct properties that cater to various industry requirements. PVC adhesive films are highly appreciated by their high level of hardness, flexibility, and resistance to environmental factors; thus, they are widely used in construction, automotive industries, and electrical insulating applications. PP adhesive films which demonstrate the high clarity and chemical inactivity are produced in large scale and applied to packaging materials, labels, and medical uses. PE adhesive films due to their good adhesion, moisture resistance and flexibility, widely used in the fields of packaging, automotive and electronic industries. Other materials like polyimide, polyether Polyurethane, and PET (polyethylene terephthalate) based films are used for specific application where high thermal stability, Mechanical strength, and special chemical resistance are need. Depending on the need for film performance and the type of application, the type of material for the chosen film is chosen; this again has an impact on the market demand for adhesive films and technology development.
Based on the Application of the market is segmented into Tapes, Graphic Films, Labels.
The global adhesive film market is segmented by application into three primary categories: tapes, graphic films, and labels. Tapes have been estimated to account for a large part of the market and find application in car production, construction, and medicine. They present strong bonding performance, simplicity, and flexibility in their functions serving main areas like joining, thermal resistance, and surface conditioning. Graphic films are widely utilized in advertising, car foiling, and branding due to the various attributes such as durability and rich printed finish and also ease of wrapping. They increase the impact and thus are invaluable in marketing and promotional events. Another major classification applies to labels, which is predominantly used in the realms of packaging, logistics, and retail. It delivers basic data, contributes to the identification of a product and guarantees tracing of the product in the supply chain. The need for labels that are quality oriented, durable, and resistant to tampering has risen courtesy of e-business as well as enhanced regulatory measures across production corporations especially within pharmaceutical and F&B sectors. In turn, each of these segments has a crucial function in the development and satisfaction of the adhesive film market’s demand in various industries.
Based on the End-use Industry of the market is segmented into Packaging, Construction, Transportation, Electrical & Electronics, Others.
The global adhesive film market is segmented by end-use industry into packaging, construction, transportation, electrical and electronics, and others, each playing a vital role in market growth. Adhesive films especially for sealing purposes, tamper proof, and for enhancing the looks of packagings used a lot in foods, beverages, and drug packageaging. Construction industry takes advantage of adhesive films due to their ability to offer strong bond, necessary in areas such as flooring, roofing, and insulating thus enhancing the construction’s endurance and efficiency. Transportation being a large segment where adhesive films are used include automotive and aerospace industries; where weight, sound, and structural control retard vehicle performance and safety. In the electrical and electronics industries, adhesive films are important for soldering and for offering shielding in gadgets including cell phones, laptops, and wearables to name a few that are mutually important and unique. Other industries such as health and consumers’ products also employ the adhesive films in various functions, demonstrating the relevance of the product in different markets. Such segmentation reveals versatile and extensive nature of adhesive films application, which fuels the market and stirs technological advancements.
Regional Snapshots:
The market for adhesive film is expected to be dictated by the Asia-Pacific region for the period of the forecast year. This has also triggered quick growth in the adhesive films market in the region especially to China, India, and Japan via the automotive and packaging industries. This is because Asia-Pacific is considered as the largest adhesive film manufacturing companies’ location around the globe. Some of the foremost manufactures of adhesive film are – Henkel AG & Co. KGaA, Toray Advanced Composites, Nitto Denko Corporation, H. B. Fuller Company, L & L Products, and H. B. Fuller Company. Various industries are involved in using adhesive film such as the automotive industry, aerospace industry, Electrical industries, electronics, and many others. Applications that call for stiff films at fluctuating temperatures tend to prefer light-cured films as the electronic applications do.
The Asia-Pacific region's record e-commerce usage, industrial expansion, and improving economic conditions have all contributed to the region's growing need for adhesive films. Largest online retailers like Amazon and Flipkart combined generated total sales in India in October 2019 of over USD 3.5 billion, up 33% from the same month the previous year. Throughout the projected period, the market for adhesive films is expected to grow due to the previously mentioned aspects as well as government backing.
Adhesive Film Market Report is also available for below Regions and Country Please Ask for that
Points Covered in the Report:
Key Questions:
Research Scope of Adhesive Film Market:
You'll get the sample you asked for by email. Remember to check your spam folder as well. If you have any further questions or require additional assistance, feel free to let us know via-
+1 724 648 0810 +91 976 407 9503 sales@intellectualmarketinsights.com
04 Jan 2024