Press release
Adhesive Films Market is estimated at US$ 96.6 Bn in 2030
Adhesive Films Market
Demand for Adhesive Films (2015-2021) Compared to the Market Outlook (2022 To 2030)
These days, it is impossible to conceive lighting applications without adhesive films because they are essential to production and assembly operations. LED light strips are being widely used for domestic, professional, and industrial purposes on the market.
These sticky films may survive inclement weather as well. The major benefit is that they do continue to be waterproof, as rain and snow may pose a fire risk if they seeped through an electric unit. In the anticipated time frame, the market for adhesive films will more than double.
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KEY TAKEAWAYS FROM GLOBAL ADHESIVE FILMS MARKET STUDY
Demand for labels across industries to determine success of adhesive films between 2020 and 2030
Automotive sector to emerge as the leading end user globally
Pace of construction industry recovery to determine adhesive films market growth
Asia Pacific to emerge as the leading regional market with emerging economies thriving with manufacturing activities
The demand for adhesive films from the food packaging industry will continue to soar in the coming days as global economy witnesses a shift in consumption patterns.
The longer shelf life of packaged and frozen food become its unique selling point during the lockdowns. Growing sales have resulted in high demand for packaging solutions, which in turn fuelled the demand for adhesive films.
Analysts anticipate as the COVID-19 pandemic continues to wreak havoc it will push people to opt for packaged food, which is an essential and a means of staying indoors. Thus, food packaging industry is expected to give this market a definitive boost in the near future.
Competitive Landscape
The top 4 players hold more than 30% of the market share. They are expected to supersede each other based on pricing in the next 10 years. Also, both - organic and inorganic modes of expansion are being tried out.
Avery Dennison Corporation has Yongle Tape Company Ltd. under its belt since 2017. It has been working towards the former's "performance Tapes and Fastener Solutions" businesses. 3M Company is into enhancing its product portfolio if adhesive tapes for meeting the increasing demand from several regions.
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Key Companies Profiled
3M Company
BASF SE
Avery Dennison Corporation
Klockneer Pentaplast Group
CCL Industries
Toray Industries
Irplast S.p.A.
Cosmo Films Ltd.
TEKRA, LLC
H.B. Fuller Company
Key Segments Covered In Adhesive Films Industry Research
Adhesive Films Market by Material:
BOPP
PVC
PE
PA
Others
Adhesive Films Market by Adhesive Type:
Acrylic
Rubber
Silicone
Adhesive Films Market by Application:
Labels
Tapes
Graphic Films
Adhesive Films Market by End-use:
Electrical & Electronics
Building & Construction
Automotive
Aerospace
Logistics
Others
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients
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