Film Adhesives Market Growth Opportunities and Forecast till 2030
The Global Film Adhesives Market Size valued for USD 20.5 Billion in 2021 and is anticipated to reach USD 31.3 Billion by 2030 with a CAGR of 4.9% from 2022 to 2030.
Film adhesives are tiny, polymeric layers that are self-adhesive and coated on a backing material like paper, others, or polyester release liner. They are employed to connect two surfaces and, in comparison to liquid adhesives, provide a number of benefits, including as simple handling and consistent application. The type and quantity of polymer employed, as well as the addition of fillers, plasticizers, and other additives, can all be changed to alter the properties of film adhesives. Temperature, humidity, and the substrate's surface energy all have an impact on how well film adhesives operate. The market for film adhesives is expanding as a result of factors such rising demand for premium packaging materials and expansion in the electronics and medical sectors.
Parameter |
Film Adhesives Market |
Film Adhesives Market Size in 2021 |
US$ 20.5 Billion |
Film Adhesives Market Forecast By 2030 |
US$ 31.3 Billion |
Film Adhesives Market CAGR During 2022 – 2030 |
4.9% |
Film Adhesives Market Analysis Period |
2018 - 2030 |
Film Adhesives Market Base Year |
2021 |
Film Adhesives Market Forecast Data |
2022 - 2030 |
Segments Covered |
By Resin Type, By Application, By End-User Industry, and By Region |
Film Adhesives Market Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
3M, Arkema, BASF SE, Bayer AG, Bostik, Cytec, Dow Chemical, DuPont, Gluetex GmbH, Gurit, H.B. Fuller, Henkel AG & Company, HMT Manufacturing, Presco, Solvay Group, and other. |
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Film Adhesives Market Dynamics
The demand for film adhesives that can create dependable, strong bindings is being driven by the expansion of the packaging industry, particularly for food and beverage goods. The market is expanding as a result of the expanding use of film adhesives in the production of electrical devices and medical products. Film adhesives are a common option for many applications because they are lightweight, simple to use, and affordable. Market expansion is being fueled by the creation of brand-new, high-performance film adhesives with enhanced features including heat resistance and UV stability. The market is expanding as a result of the rising demand for film adhesives in developing nations like China and India.
However, film adhesives can cause environmental pollution during their production and disposal, which could result in laws that limit their usage. The market for film adhesives may see growth restraints due to competition from substitute materials such tapes, liquid adhesives, and mechanical fasteners. The price of the raw materials needed to make film adhesives can be considerable, which could have an effect on profitability and restrict market expansion. Film adhesive manufacture can also be difficult to maintain consistent quality, which could affect product performance and market expansion.
Film Adhesives Market Insights
Resin type, application, end-user industry, and regional sectors make up the film adhesives market. Epoxy, cyanate ester, acrylic, and other materials are separated under the resin type category. The application sub-segment includes graphics, tapes, labels, and other things. The market is segmented into aerospace, automotive & transportation, consumer, and others based on end-user industry. North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa are further categories under which the region sector is divided.
Global Film Adhesives Market Geographical Competition
Due to the existence of top producers and a significant demand from the packaging and electronics industries, the US and Canada are significant markets for film adhesives. Due to the rising need for premium packaging materials as well as the expansion of the electronics and medical industries, Europe is a market for film adhesives that is expanding. Due to the rising demand from the packaging, electronics, and medical industries, Asia-Pacific, particularly China and India, is a market for film adhesives that is expanding quickly.
Global Film Adhesives Industry Segment Analysis
Market By Resin Type
· Acrylic
· Epoxy
· Cyanate Ester
· Others
Market By Application
· Tapes
· Labels
· Graphics
· Others
Market By End-User Industry
· Aerospace
· Automotive & Transportation
· Consumer
· Others
Film Adhesives Market Leading Companies
The players profiled in the report are 3M, Arkema, BASF SE, Bayer AG, Bostik, Cytec, Dow Chemical, DuPont, Gluetex GmbH, Gurit, H.B. Fuller, Henkel AG & Company, HMT Manufacturing, Presco, Solvay Group, and other.
Film Adhesives Market Regions
North America
· U.S.
· Canada
Europe
· U.K.
· Germany
· France
· Spain
· Rest of Europe
Latin America
· Brazil
· Mexico
· Rest of Latin America
Asia-Pacific
· China
· Japan
· India
· Australia
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· GCC
· South Africa
· Rest of Middle East & Africa