DUBLIN--(BUSINESS WIRE)--The "Film Adhesives Market by Resin Type, End-Use Industry, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The film adhesives market is projected to grow from USD 1.24 billion in 2018 to USD 1.62 billion by 2023, at a CAGR of 5.5% between 2018 and 2023.
This growth can be attributed to the preference for film adhesives over conventional adhesives in high-end aerospace applications as film adhesives aid in the manufacturing of large parts, providing easy shop handling, which is crucial for high-end aerospace applications. Furthermore, increasing electronic manufacturing activity and rising demand for miniaturization of components is expected to boost the market. However, high storage & transportation cost and time-consuming processing techniques are expected to restrain the growth of the film adhesives market.
Based on resin type, the epoxy segment is expected to grow at the highest CAGR during the forecast period. Unique properties of epoxy, such as high strength, high temperature resistance, and high fatigue resistance, are contributing to the growth of this segment.
The film adhesives market in the APAC region is projected to grow at the highest CAGR during the forecast period. The preference for film adhesives over conventional adhesives in high-end aerospace applications and the gradual shift of manufacturing facilities to APAC countries due to low production cost are the key factors projected to drive the growth of the film adhesives market in the APAC region.
Companies Mentioned
- 3M Company
- AI Technology
- Arkema (Bostik)
- Axiom Materials, Inc.
- Bondline Electronic Adhesives
- Cytec Solvay Group
- Dai Nippon Printing Co., Ltd.
- Everad Adhesives
- Fastel Adhesives and Substrate Products
- Gluetex
- Gurit
- H.B. Fuller
- HMT Manufacturing
- Henkel
- Hexcel Corporation
- L&L Products
- Lord Corporation
- Master Bond
- Nusil
- Permabond
- Plitek
- Protavic International
- Rogers Corporation
- Royal Ten Cate
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Overview and Key Indicators
7 Film Adhesives Market, By Resin Type
8 Film Adhesives Market, By Technology*
9 Film Adhesives Market, By End-Use Industry
10 Film Adhesives Market, By Region
11 Competitive Landscape
12 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/3v75vb/global_film?w=4