Advanced Materials Industry Adhesive Films Market Trends, 2024

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Adhesive Films Market Share, Size, Growth, Analysis, Industry
Trends and Forecast to 2024 | Hexa Research
“The adhesive films market is set to attain nearly
USD 17 billion by 2024, at a CAGR over 6% during the
forecast period (2016-2024).”
Adhesive films are materials coated with adhesives. They have the ability to join two surfaces. These are
majorly used in automotive electronics, consumer electronics, handheld computing, construc tion, and
aerospace electronics. The global adhesive films market is set to attain nearly USD 17 billion by 2024, at a
CAGR over 6% during the forecast period (2016 - 2024).
The Adhesive Films Market had a demand of 3.1 million tons in 2015. Need for compact electronic devices
and lightweight vehicles are primarily driving it. Boosting demand for consumer electronics in Asia Pacific and
food & beverage packaging is said to drive the market. Additionally, expansion across automobile
manufacturing coupled with demand for fuel-efficient vehicles also propels market revenues.
However, the market faces challenges in the form of product customization and high manufacturing costs.
But, the production of bioadhesive films can provide it new growth avenues.
Browse Details of Report @ https://www.hexaresearch.com/research-report/adhesive-films-market
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