Market for Film Adhesives Market To Offer Lucrative Growth Prospects for Manufacturers : Fact.MR

Fact.MR, a market research and competitive intelligence provider, has published a new study on the film adhesives market, and forecasts a relatively optimistic growth outlook. According to the study, sales of film adhesives to multiple end-use industries are expected to reach nearly US$ 2 Bn, expanding at a CAGR of nearly 4% through the 2021-2031 forecast period. Applications are expected to remain elevated in the aerospace and electrical & electronics industries.

Growth prospects receded in 2020, attributed to downturns brought about by the COVID-19 pandemic, leading the market to close in at a little over US$ 1 Bn. Moreover, historical years portrayed restrained growth pattern, with a recorded CAGR exceeding 2% from 2016 to 2020.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗙𝗿𝗲𝗲 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.factmr.com/connectus/sample?flag=S&rep_id=6402

Future growth prospects are expected to majorly rely on prolific developments across the global aerospace industry. For instance, the U.S. aerospace industry was valued at US$ 909 Bn as of 2019, as per the Aerospace Industries Association, contributing almost US$ 400 Bn to the domestic economy. Consequently, manufacturers are introducing high-end film adhesives, widening growth prospects.

𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱
• 𝐄𝐧𝐝-𝐮𝐬𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲
Film Adhesives for Electricals & Electronics
Film Adhesives for Aerospace
Film Adhesives for Automotive & Transportation
Consumer Film Adhesives
Film Adhesives for Other End Use Industries
• 𝐑𝐞𝐬𝐢𝐧
Epoxy Film Adhesives
Cyanate Ester Film Adhesives
Acrylic Film Adhesives
Other Resin Film Adhesives

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 - https://www.factmr.com/connectus/sample?flag=RC&rep_id=6402

𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝘁𝘂𝗱𝘆
• Film adhesives for electrical & electronic components to generate more than 2 out of 5 sales by 2031
• Medical applications of film adhesives to expand at nearly 3% CAGR across the forecast period
• By resin, epoxy film adhesives to reach almost US$ 800 Mn by 2031, growing at over 4% CAGR
• Acrylic film adhesives to surge at nearly 4% CAGR until 2031, while cyanate ester film adhesives will surge at over 3% CAGR
• U.S. market was valued at nearly US$ 340 Mn in 2020, due to high uptake in the aerospace industry
• Swelling consumer electronics industry to widen film adhesives uptake in China, poised to expand at a 7% CAGR
• India, Australia, and South Korea to surpass US$ 200 Mn by 2031

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
Prominent film adhesive manufacturers profiled by Fact.MR include Arkema Group, Dai Nippon Printing Co. Ltd., Henkel AG, Solvay S.A, Axiom Materials Inc., GLUETEX GmbH, Paul & Company, Sinochem Group Co. Ltd., Fastel Adhesives, and H.B Fueller Company, among others.

• In June 2021, Henkel AG developed the Loctite EA 9365FST, a new two-part epoxy adhesive which reinforces and bonds thermoplastic and thermoset substrates for use in aircraft interiors. These serve as a matrix resin on fiberglass to strengthen the thin walls of thermoplastic assemblies.

• Likewise, Fastel Adhesives offers a range of adhesive and sealing products for medical diagnostics, medical devices, electronics, automotive, packaging and product development industries respectively. The company offers thermal bonding films, electrically conductive films and heat/induction seal foils.

𝐅𝐨𝐫 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐨𝐰 - https://www.factmr.com/checkout/6402

𝗠𝗼𝗿𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗔𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲

Fact.MR, in its new offering, presents an unbiased analysis of the film adhesives market, presenting historical demand data (2016-2020) and forecast statistics for the period of 2021-2031.

The study divulges essential insights on the market on the basis of end use industry (electrical & electronics, aerospace, automotive & transportation, consumer and other end use industries) and resin (epoxy, cyanate ester, acrylic and other resins) across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa)

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This release was published on openPR.