What is Bonding Films Market?
An adhesive film is defined as a high-strength and quickly adhering adhesive film for metal and plastic bonds. It is a substance that can hold materials together by attaching their surfaces. Characteristics of adhesive films include flexibility, tight bond widths, minimization of leakage, and controlled and uniform thickness. Adhesive films are widely used in various industries due to their wide range of applications such as high strength, quick bonding, high-temperature protection, etc. These substances are used to create high strength bonds between substrates with stabilized properties such as flexibility, controlled thickness, and minimal wetting.
The market study is being classified by Type (Epoxy, Acrylic, Polyurethane, Polyvinyl Acetate (PVA), Polyvinyl Butyral (PVB), Ethylene-vinyl Acetate (EVA) and Phenolic), by Application (Electrical & Electronics, Transportation, Packaging and Others) and major geographies with country level break-up.
Henkel AG & Co. KGaA (Germany), 3M (United States), Cytec Solvay Group (United States), Hitachi Chemical Co. Ltd. (Japan), Arkema S.A. (France), H.B. Fuller (United States), Hexcel Corporation (United States), DuPont (United States), Gurit Holding (Switzerland), Koninklijke Ten Cate BV (Netherlands), Master Bond Inc. (United States), Rogers Corporation (United States), Plitek LLC (United States), Pontacol AG (Switzerland), Formplast (Turkey), Fastel Adhesives & Substrate Products (United States) and Dai Nippon Printing Co. Ltd. (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Flextech Srl (Italy), Chemtech Co. Ltd. (South Korea) and Gluetex GmbH (Germany).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Bonding Films market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Bonding Films market by Type, Application and Region.
On the basis of geography, the market of Bonding Films has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Consumption for Bonding Films from Transportation, Automotive and Other Electronics-Based Industries
- The Increased Use of Bonding Films Over Conventional Bonding Methods Due To Their Highly Effective Bonding
Market Trend
- The Growing Usage of Bonding Films Owing To Their Cost-Effectiveness and Performance Properties
- The Increase in Usage of Bonding Films Due To the Adequate Bonding and Insulating Properties
Restraints
- High Storage and Transportation Cost
Opportunities
- An Increased Demand for Bonding Films from the Smart Clothing and Wearable Industry
Challenges
- More Time Requirement for Processing Techniques
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers of Bonding Films, Suppliers and Distributors of Bonding Films, Venture Capitalists and Private Equity Firms, Research Organizations and End-Use Industry