Adhesive Films Market Size, Industry Analysis Report, Regional Analysis (U.S., Germany, UK, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Price Trend, Application Development, Competitive Landscape & Forecast, 2016 – 2023

Report ID: GMI245

  Table of Contents Inquiry Before Buying
Summary Methodology Request for Customization

Global adhesive films market size was estimated at over 3.1 million tons in 2015. Revenue was estimated at over USD 10 billion in 2015 and is likely to exceed USD 16 billion by 2023, growing at over 5.8%.
 

Adhesive film tapes accounted for more than 45% of the total demand in 2015, with wide usage as one-sided tapes, double sided tapes & adhesive transfer tapes in several end-use industries such as automotives and electronics. Adhesive film labels market is expected to witness highest growth rate at a CAGR of more than 6% from 2016 to 2023 owing to increasing demand from end-use industries such as food & beverages and packages.
 

Acrylic films market dominated demand, by accounting for more than 25% of the total volume in 2014 and is likely witness highest gains over the forecast period. Polyvinyl acetate (PVAc) films were the second largest and accounted for over 20% of the total volume in 2014. PVAs films are likely to grow owing to increasing demand from end-use industries such as footwear, furniture and construction. Polyvinyl butyral (PVB) films are expected to witness moderate gains over the forecast period and are widely preferred in automobile industry to bind windshield glass sheets on vehicles.
 

Adhesive films market technologies include light-cured, pressure sensitive, hot melt, self cured and chemical cured. Pressure sensitive films dominated the market 2014. Light-cured films are likely to witness highest gains at a CAGR of more than 5.5% up to 2023. Hot melt adhesive films market finds wide uses in construction industry owing to ease in application and high bonding strength. Light-cured films are mostly preferred in electronic applications requiring higher strength at extreme temperature variations.
 

Asia Pacific adhesive films market size was estimated at over 1.2 million tons in 2014 and is likely to witness highest gains over the forecast period. North America is likely to witness moderate growth rates over the forecast period. Europe is likely to witness below average growth rates owing to stringent VOC content regulations by governing authorities.
 

Increasing packaging applications, particularly in food & beverages industry is likely to drive adhesive films market over the forecast period. Frozen food industry has been the predominant consumer over the past few years. These are used to bond paper with the plastics or cardboard providing the desired information. Increase in frozen food demand owing to hectic lifestyle and rise in consumer spending capacity is likely to drive adhesive films market growth.
 

Increasing consumer electronics demand, particularly in Asia Pacific, is likely to drive adhesive films demand. Major electronic companies are shifting their manufacturing base to countries such as China and India owing to favorable government policies and cheap labor availability. They are primarily used for electronic applications lid sealing, heat sink attach, components and substrates.
 

Growth in automobile production coupled with vehicle fuel efficiency demand from end-users is likely to drive adhesive films market. Stringent government norms to reduce carbon emissions by reducing vehicle weight are likely drive demand. They are used in automotive application such as bracket attachments, door hinge washers and reinforcement plates. They are also used for automotive electronics applications driven by technological advancements such as GPS, blue tooth, automobile TVs, rear view camera.
 

Increasing application scope in medical industry for wound care applications is likely to drive demand for adhesive films & tapes. They are also used in other applications such as defense & aerospace, solar energy and LED lighting.
 

High cost & complexity in adhesive films production owing to product customization is likely to challenge industry growth as these technologies require additional curing by pressure and heat. Stringent environmental regulations owing to release of VOC material is also likely to hamper growth. Increasing investment in research to develop bioadhesive films for niche applications is likely to provide new avenues for market growth. 
 

Asia Pacific was the largest market in 2014 and is likely to grow owing to increase in demand from large scale end-use industries such as automobiles, electronics and construction. China South Korea and India are likely to witness high growth rates over the forecast period.
 

The global adhesive films market share is consolidated characterized by top four companies catering to major portion of the demand. The industry participants compete on the basis of prizing & services provided to end-user industries, which signifies a high degree of competition. Major companies operating in this market include Dow Chemical, BASF, Henkel, 3M Company. Other prominent companies include Bostik, Bayer, Gluetex, Gurit, DuPont, Presco and HMT Manufacturing.
 


What Information does this report contain?

Historical data coverage: 2012 to 2015; Growth Projections: 2016 to 2023.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.


Request for Customization

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Why Global Market Insights?

 Comprehensive Research
  • All-inclusive coverage
  • In-depth and granular data (ex: information for 8 to 15 countries, with clients open to add to this list, in each report)
  • Penetrative insights & latest trends
  • Offers holistic understanding of the market
 Data Accuracy & Reliability
  • Unique methodology
  • Iterative in nature to eliminate errors
  • Detailed methodology, scope, assumptions and data sources available for reference
 Post-Sales Support
  • Committed to making a positive difference for our clients
  • Given the nature of this industry, we are committed to ensure that our clients get maximum return on their investment in our services
  • Every purchase comes with an option to obtain additional information:
    • up to 10% of the original cost
    • 45-minute analyst tele-call to obtain further clarity on the market.
 Security & Confidentiality
  • Global Market Insights, Inc. strictly adheres to PCI-DSS security norms.
  • Only PCI-DSS compliant payment methods used for highest level of client data security
This site is protected by Trustwave's Trusted Commerce program Authorize.Net Merchant - Click to Verify

Connect with our sales team

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info. I Agree