Adhesive Films Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Chemicals and Materials | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC173

Adhesive films are generally thin layers of adhesives installed on sheets, films, or tapes of different types of materials such as fabric, polymer, or paper that require a bonding with a surface. Adhesive films are used in a broad number of industries including automotive, packaging, electronics, medical, construction, footwear and furniture. Adhesive films also find applications in several consumer products. Adhesive films are generally derived from different chemistries such as polyvinyl acetate, acrylic, polyurethane, epoxy, polyvinyl butyral, and silicone and styrene butadiene copolymers. Adhesive films find wide applications since they are electrically conductive as well as are electrically insulating. Adhesive films are basically materials such as polymers, plastics, paper and textiles with a thin layer of on one or both surfaces. This aids them in sticking to the concerned surfaces. Adhesive films act as essential sticking joints between two surfaces. Adhesive films are used labels, tapes, graphic wraps, glazing, protective films, masking, tinting, specialty films and insulating among others. Adhesive films offer a broad spectrum of benefits including easy usage, lower material usage, quick disposal and application along with versatility in accordance to the utility of end-user. The aforementioned advantages of adhesive films make them the material of choice for many consumers over conventional alternatives such as clamps and screws. Adhesive films have been adopted by a wide array of end-use industries such as electronics, packaging, automotive, medical, aerospace and several industries among others.

Rising adoption of adhesive films and tapes especially the medical grade used for wound-care applications is a key factor driving the global adhesive films market. Moreover, increasing demand for adhesive films for application in light-weight and compact products and devices especially in the electrical and electronics industry is anticipated to fuel the global adhesive films market over the forecast period. In addition, rising pressure from government and non-government regulatory bodies in order to achieve lower carbon emission and improved mileage performance in vehicles in automotive industry is expected to boost the global market for adhesive films. Increasing growth in packaging industry in food & beverages sector is likely to propel the global adhesive films market over the forecast period. Also, frozen food industry being the predominant consumer of adhesive films is further expected to witness significant growth over the forecast period. Adhesive films are generally used to bond plastics with paper or cardboard thus providing desired bonding capabilities. Furthermore, increase in demand for frozen food due to increase in hectic lifestyle especially in developed economies and metropolitan areas of emerging economies coupled with the rise in consumer spending ability are some major factors driving the global adhesive films market. However, volatility in prices of feedstock, especially the petroleum-based raw materials employed in the manufacture of adhesive films along with and stringent regulations against the use of volatile organic compounds emitting chemicals are some factors likely to hamper the growth of global adhesive films market in the coming years.

The global adhesive films market can be segmented on the basis of type, technology, application and region. On the basis of type, the global adhesive films market can be segmented into epoxy, silicone, polyurethane, resins, acrylic, polymers and others. On the basis of technology, the global adhesive films market can be segmented into light cured, pressure sensitive, hot melt and others. On the basis of application, the global adhesive films market can be divided into automotive, packaging, medical, construction, electrical and electronics, furniture and others. On the basis of region, the global adhesive films market can be divided into five major regions namely North America, Latin America, Europe, Middle East & Africa and Asia Pacific. Key players operating in the global adhesive films market include BASF SE, 3M Company, Henkel AG, Ashland Inc., E. I. Dupont de Nemours Company, The Dow Chemical Company and others. 

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