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Adhesive Films Market Share, Size, Key Players, Research and
Forecasts to 2024 | Hexa Research
“ The global adhesive films market is set to attain nearly USD 17 billion by
2024.”
14 December 2018
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, construction, 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.
The Adhesive films market is split according to products, technologies, applications, end -users, and regions.
Products are acrylic, polyurethane (PU), polyvinyl acetate (PVAc), polyvinyl butyral (PVB), epoxy, and others.
‘Others’ includes EVA (ethylene-vinyl acetate), SBC (styrenic block copolymers), polypropylene, polyesters,
and silicone.
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