TMR_Research_Reports_2017 Adhesive Films Market Future Growth 2020 | Page 2

Adhesive Films Market
REPORT
Adhesive Films Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2014 - 2020
The global adhesive films market is consolidated. The players in the market are competing against each other on
the basis of services offered to end user industries. Product pricing is another factor on which the players are
competing with each other. Thus, there exists strong competition among the players in the global adhesive films
market. Key players operating in this market include: 3M Company, Henkel AG & Company KGaA, H.B.
Fuller Company, Avery Dennison Corporation, BASF SE, Ashland, Inc., and Eastman Chemical Company.
According to the report, the adhesive films market will be worth US$14.45 bn by 2020. On the basis of
technology, the market for light cured segment will experience a swift growth in the coming years, fueled by the
enhanced characteristics of the product including fast curing and negligible or zero volatile organic compounds
(VOC) emissions. By product, the acrylic segment is expected to account for the largest share in the market in
the coming years. the use of acrylic adhesive films in medical, electronics, automotive, construction, and
furniture will drive the growth of this segment. Moreover, the PVA segment is also slated to witness a
remarkable demand in the coming years on account of their use in packaging, furniture, construction, and
footwear industries.
Obtain Report Details @ http://www.transparencymarketresearch.com/adhesives-films-market.html
Asia Pacific to Emerge Most Lucrative Regional Segment in Adhesive Films Market
On the basis of application, the labels segment will witness highest growth in the market. By end user
industries, the medical and healthcare industry will gain traction in the global adhesive films market during the
forecast period. On the basis of geography, Asia Pacific held significant shares in the past and will be the most
lucrative market for adhesive films in the years to come. The flourishing electronics and automotive industries
in Asia Pacific will ensure the growth of this market in the region. Moreover, the demand for footwear and
furniture will also see a growing demand and this will fuel the growth of the adhesive films market in Asia
Pacific. The European market will witness a sluggish growth in the coming years. On the other hand, North
America is estimated to witness a healthy CAGR during the forecast period, on account of improvement in the
construction sector and thriving packaging, electronics, medical, and other consumer goods industry.
High Demand from Various End Use Industries to Fuel Growth of Adhesive Films
The growing application of packaging in the food and beverages industry is driving the growth prospects of the
global adhesive films market. The frozen food industry is growing continuously and this is creating a
heightened demand for adhesive films. The use of bond paper with plastics to print desired information will fuel
the demand for adhesive films. The growing busy lifestyles of people have fueled the demand for frozen food
Transparency Market Research
2