Global Bonding Films Market, By Type (Epoxy, Acrylic, Polyurethane, Others), Technology (Thermally Cured, Pressure Cured, Others), End Use Industry (Electrical & Electronics, Transportation, Packaging, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global Bonding Films Market
The bonding films market is expected to witness market growth at a rate of 9.46% in the forecast period of 2022 to 2029. Data Bridge Market Research report on bonding films market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of bonding films market.
Bonding films refer to a high-quality high-performing adhesive films that are widely deployed for bonding different metal and plastic substrates. These substances are utilized to offer high strength bonds between the substrates with stabilized characteristics such as controlled thickness, flexibility, and minimalistic oozing.
The increase in usage of bonding films in transportation end-use industry across the globe acts as one of the major factors driving the growth of bonding films market. The rise in preference over conventional adhesives in high-end aerospace applications, and use in the in the electronics industry to hold information labels and warning labels accelerate the market growth. The increase in demand for the films in LED lighting, construction, consumer electronics, automotive electronics, radio frequency identification (RFID), aerospace electronics, and handheld computing further influence the market. Additionally, surge in investments, rapid industrialization, and increasing usage of these films from a number of end user applications positively affect the bonding films market. Furthermore, rise in demand in smart clothing and wearable technology extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, time consuming processing techniques and high storage and transportation costs are expected to obstruct the market growth. Stringent regulations governing the usage of harmful adhesive systems are projected to challenge the bonding films market in the forecast period of 2022-2029.
This bonding films market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on bonding films market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Bonding Films Market Scope and Market Size
The bonding films market is segmented on the basis of type, technology and end use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the bonding films market is segmented into epoxy, acrylic, polyurethane and others. Others segment has been further categorized into polyvinyl acetate (PVA), polyvinyl butyral (PVB), ethylene-vinyl acetate (EVA) and phenolic.
- Based on technology the market has been segmented as thermally cured, pressure cured and others. Others include chemically cured and light cured. Thermally cured technology is expected to hold the largest share out of all the segments due to its usability in high-temperature applications, high efficiency in bonding and minimal complications in applications.
- Bonding films market is also segmented into electrical & electronics, transportation, packaging and others on the basis of end use industry. Others consist of medical and textiles. Electrical and electronics segment will hold the largest share out of all the segments due to the consumption of electronic components and products from a wide variety of applications such as consumer electronics, automotive, aerospace, industrial, defense and various others.
Bonding Films Market Country Level Analysis
The bonding films market is analyzed and market size, volume information is provided by country, type, technology and end use industry as referenced above.
The countries covered in the global bonding films market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific (APAC) dominates the bonding films market, and is expected to witness high growth due to the presence of various key manufacturers of bonding films in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Bonding Films Market Share Analysis
The bonding films market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to bonding films market.
Some of the major players operating in the bonding films market report are 3M, Solvay, Henkel AG & Co. KGaA, NAN YA PLASTICS CORPORATION, Huntsman International LLC, H.B. Fuller Company, DuPont, Gurit, Koninklijke Ten Cate bv, Hexcel Corporation, Master Bond Inc., Hitachi Chemical Co., Ltd., Arkema, Rogers Corporation, PLITEK, LLC, Pontacol AG, Formplast, Fastel Adhesives & Substrate Products, Dai Nippon Printing Co., Ltd., Flextech s.r.l., AKCHEMTECH CO.,LTD., HMT Manufacturing, Inc., Gluetex GmbH, Optimum Plastics, Nihon Matai Co.,Ltd., and Everad Adhesives SAS among others.
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