Market Overview:

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:

Increasing Urban Population in Asia Pacific

• There is an increased demand for items such as beverages, fast moving consumer goods, pharmaceuticals and other durable goods and the rise in population specifically now in urban areas keeps on rising. The demographic change has led to increased urbanization in Asia Pacific area with regards to population. Thus, assuming that the rates are maintained and development continues at a gradual rate, it is expected that by 2050 the number of individuals with Autism ID will be 5. More than 1 billion people living in the Asia-Pacific region, of which more than 64% of them are in the urban areas considering the data from the UN Population Division. The strategic plans involving the increase of living standards and demand for high-quality products will see adhesive films’ demand rise as projected.

Market Trends:

Increasing Application in Packaging Industry

• In several end-use sectors, adhesive films are widely employed as substitutes for fasteners, paste, and liquid adhesives; the packaging business is the leader in this application. Over the past few years, the packaging business has grown significantly due to the expanding e-commerce sector, which has created opportunities for the use of adhesive films. Film adhesives can be made active by pressure, light, chemical reaction, or thermal activation. The packaging industry uses pressure-sensitive adhesive films for a variety of purposes. In the packaging sector, adhesive films are the most cost-effective option for joining porous and nonporous surfaces, such as textiles and plastics. For different applications, it can be found in roll form on release paper, stripped, or bonded to foil, film, or fabric. With a 2015 valuation of USD 31.7 billion, the Indian packaging business accounted for over USD 75.95 billion in 2019, demonstrating the sector's tremendous expansion over time. The market for adhesive film utilisation is dominated by the packaging industry, with Germany, China, and the United States holding significant market share.

Market Restraining Factors:

Volatility in Prices of Raw Materials

• Sealers are used in many end-use segments as an alternative to mechanical fastening, paste, and liquid adhesives; the ranker fastener usage in this area is the packaging business. The packaging business has greatly expanded in the past few years since the emergence of the e-commerce business that has provided a market for adhesive films. Thus, pressure, light, chemical reaction and thermal activation can create film adhesives active. Some of the uses of pressure-sensitive adhesive films are explained below in the context of the packaging industry. Among all the packages, PE adhesive films show the highest cost efficiency for joining the porous and non porous substrates including the textiles and plastics. Depending on the application it comes in roll-form on release paper, stripped or laminated to foil, film or fabric. Its valuation as at 2015 stood at USD 31. 7 billion and Fourth, the Indian packaging business alone is more than USD 75. From the table above it can be concluded that the sector has grown significantly over the years rising to 95 billion in 2019. The major application area seen for adhesive film is packaging sector, where Germany, China and United States are found to be the major market players.

Market Opportunities Factors:

Increase in demand for bioplastic polymers

• Currently, there is an increasing demand for bioplastic materials due what concerns the market has for the environment. It is biodegradable product which is used to prepare bioplastic films. As laminated graphic films known, they can be made of polymers of PE, PP, PVC and more which could be produced with the help of renewable materials such as bioethanol. These polymers come from bio degradable or renewable biomass feed stock Biomass. Due to this, bioplastic sheets have a comparatively small carbon component than the conventional plastic materials and can be composted or biodegraded. It was also noted that there are more chances for this market in the utilization of these adhesives for goods such as tapes, labels, and the graphic films.

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:

Adhesive Film Market Players Analysis:

• 3M Company
• Adhesive Films Inc.
• Avery Dennison Corporation
• Henkel AG & Co. KGAA
• UPM-Kymmene Oyj
• B. Fuller Company
• CCL Industries
• Constantia Flexibles
• Cosmo Films
• Coveris
• Mondi Group
• Scapa Group Plc (Swm International)
• Shurtape Technologies
• Ester Chemical Industries Pvt. Ltd.
• Nitto Denko Corporation
• Intertape Polymer Group, Inc.
• Drytac Corporation
• Fuji Seal International
• Huhtamaki
• Lintec

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:

By Resin Type

• Acrylic
• Rubber
• Silicone

By Application

• Residential
• Commercial
• Industria

By Technology

• Water-based
• Solvent-based
• Reactive & Others

By Region

• North America (U.S., Canada, Mexico)
• Europe (Germany, France, UK, Italy, Spain, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, ASEAN, Rest of Asia-Pacific)
• LAMEA (Latin America, Middle East, Africa)

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.

By Resin Type

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.

By Film Material

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.

By Application

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.

By End-use Industry

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

North America

• U.S.
• Canada

Europe

• Switzerland
• Belgium
• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Rest of Europe

Asia-Pacific

• India
• Australia
• Philippines
• Singapore
• South Korea
• Japan
• China
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Argentina
• Peru
• Colombia
• Brazil
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Points Covered in the Report:

• The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
• The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
• The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
• Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
• The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

Key Questions:

• How much the global Adhesive Film Market valued?
• Which region has the largest share in 2024 for the global Adhesive Film Market?
• What are the driving factors for the market?
• Which is the leading segment in the global market?
• What are the major players in the market?

Research Scope of Adhesive Film Market:

• Historic year: 2019- 2022
• Base year: 2023
• Forecast: 2024 to 2032
• Representation of Market revenue in USD Million