Market Research Report Search Engine Added "Adhesive Films (Acrylic, Polyvinyl Acetate (PVAc), Polyurethane, Polyvinyl Butyral (PVB), Epoxy and Others) Market by Technology (Pressure Sensitive, Hot-melt, Light-cured and Others), by End-user Industries (Packaging, Automotive, Medical, Electronics And Other) For Tapes, Labels, Graphics and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020" to its database.
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Adhesive films industry survey, comprehensive analysis, growth and major policies report
1. Adhesive Films Industry Survey, Comprehensive Analysis,
Growth and Major Policies Report
Report Description
Adhesive films are thin layers of adhesives on films, sheets
or tapes of materials such as polymer, fabric or paper that
bond with a surface. These films are used in various
2. industries such as packaging, automotive, medical,
electronics, construction, furniture and footwear. Adhesive
films are also used in several consumer products. These films
can be derived from different chemistries such as acrylic,
polyvinyl acetate (PVAc), polyurethane, polyvinyl butyral
(PVB), epoxy, styrene butadiene copolymers (SBC) and
silicone.
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The global adhesive films market is anticipated to be driven
by rising adoption of medical grade adhesive films and tapes
for wound-care applications. Increasing demand for adhesive
3. films for usage in compact and light-weight devices in the
electronics industry is expected to further fuel the market for
adhesive films. Additionally, mounting pressure from
regulatory bodies for lower carbon footprints and better
mileage performance in vehicles is projected to drive market
growth in the automotive industry. However, volatility in
prices of feedstock for petroleum-based raw materials for
adhesive films, and regulations against chemicals that emit
volatile organic compounds (VOCs) are likely to hamper
market growth in the next few years.
The global adhesive films market can be classified based on
the types of technology into pressure sensitive, light-cured,
hot-melt and others (including heat-cured, chemical-cured and
4. self-cured adhesive films). In terms of volume, light-cured
adhesive films is estimated to be the fastest growing segment
with a CAGR of over 6% between 2014 and 2020. Pressure
sensitive adhesive films emerged as the largest segment in
2013. Hot-melt adhesives are being widely adopted, especially
for applications in the construction industry, due to their
high bond strength and easy applicability, which helps in
reducing the process time. Light-cured adhesive films are
employed in applications that require high bond strength,
such as masking tapes for sub zero temperature and in
electronic devices, where the temperature may rise above 100
degrees Celsius.
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The adhesives films market can be segregated based on the
types of products into acrylic, polyvinyl acetate (PVAc),
polyurethane, polyvinyl butyral (PVB), epoxy and others
(including ethyl vinyl acetate (EVA), styrene butadiene
copolymer (SBC), silicone, and polyester). Acrylic is expected
to be the largest as well as the fastest growing segment
during the forecast period. PVAc emerged as the second-
largest segment in 2013, due to high demand for these films
in packaging, construction, footwear and furniture industries.
PVB is primarily used in the automotive industry as an
6. interlayer between glass sheets of the windshield installed on
the vehicles.
Tapes led the application market and accounted for more
than 45% share of the global market in 2013. Labeling
applications are projected to expand at the fastest pace from
2014 to 2020, owing to high demand from the packaging
industry. Graphics is another rapidly growing application,
with major demand from automotive, construction and
electronics industries. Other applications include specialty
films, protective films, glazing and tinting.
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7. Asia Pacific continued its dominance in the adhesive films
market, accounting for more than 40% of the global market
in terms of volume in 2013. Apart from being the largest
market, Asia Pacific is also estimated to be the fastest
growing market for adhesive films. Major demand is
anticipated to originate from the automotive and electronics
industries in the region. Furthermore, consumer goods such
as footwear and furniture also contributed to demand for
adhesive films in Asia Pacific. The mature market of Europe
is anticipated to witness an average growth rate in the next
six years. North America is projected to expand at a CAGR of
5.9% during the forecast period, led by recovering
construction industry and high growth in packaging,
8. electronics, medical and other consumer goods industries.
Medical is a significant end-user industry in these regions.
The global adhesive films market is dominated by a few
players with global operations. Key players include 3M
Company, Henkel AG & Company KGaA, Avery Dennison
Corporation, H.B. Fuller Company, Ashland Inc, The Dow
Chemical Company, BASF SE, Bostik SA and Eastman
Chemical Company.
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