Market Analysis Report Adhesive Films Market | 页面 2

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Acrylic films were the leading segment in 2014, with over 25% shares (with respect to demand) in
2014. They are projected to display significant growth over the forecast period. PVAc followed them,
with 20% shares the same year. PVB films are prominently used in the automobile industry. They are
used to bind vehicles with glass sheets.
Technologies in the adhesive films market comprise hot melt, light cured, pressure-sensitive, self
cured, and chemical cured. Pressure-sensitive led in 2014. Its demand is anticipated to reach 4
kilotons (KT) by 2024. Hot melt films should generate nearly 146 KT of volumes by 2024.
Applications encompass graphics, labels, tapes, tinting, glazing, protective films, and specialty films.
Tapes reigned over the market (in terms of demand) in 2015. This was credited to massive usage of
one-sided & double-sided tapes in electronics and automotive sectors. They would earn around USD
72 billion by 2024. Labels can experience a CAGR above 6% in the next eight years.
Automotives, consumer electronics, construction, packaging, aerospace, medical, footwear, and
furniture constitute the end-users. Packaging would be the leading segment over the forecast period. It
is used for product sealing & labeling. Consumer electronics may contribute to the global demand for
adhesive films by creating components for lid sealing and other applications in packaging.
North America, Asia Pacific, Europe, and RoW (Rest of the World) are the regions within adhesive
films market. Asia Pacific dominated in 2014 due to high demand from its end-user industries. Europe
should witness modest growth during 2016 to 2024. Similarly, North America is likely to grow at a
CAGR over 6% in the near future.
Some of the key players operating within the global market are BASF SE, 3M Company, Henkel
Adhesive Technologies, and Avery Dennison Corporation. Mergers and alliances are their common
strategy to stay competitive. For instance, BASF partnered with Avantium Technologies in 2016 to
produce furandicarboxylic acid (FDCA). FDCA can be used as a base for producing adhesives in
lubricants and personal care products.
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