Optically Clear Adhesives Market Size, Share and Growth | Increasing Demand Status, Regional Segments and Forecast to 2030

According to a recent report by Allied Market Research, the global optically clear adhesives market reached $1.6 billion in 2020 and is projected to hit $3.8 billion by 2030, showing a steady CAGR of 8.8% from 2021 to 2030. The report delves into a comprehensive analysis of market size, current and emerging trends, future predictions, and key players.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 (𝟒𝟗𝟖 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬): https://www.alliedmarketresearch.com/request-sample/5121

Factors such as the increased adoption of consumer electronics, a growing demand for optically clear adhesives, and a surge in smart device sales are propelling market growth. However, the presence of substitute products is a hindrance. Nonetheless, opportunities are expected to arise with the development of non-corrosive optically clear adhesives and the introduction of activated covalent bonding technology.

The COVID-19 pandemic had a negative impact on the optically clear adhesives market, particularly due to disruptions in automotive, electronics, aerospace, and other industries. Shutdowns and operational pauses affected electronic companies using these adhesives for displays and sensors. While the automotive sector experienced a decline in demand, the healthcare sector witnessed an increase in demand for digital instruments using optically clear adhesives.

The report segments the global optically clear adhesives market based on thickness, device structure, resin type, and region. In 2020, the flat segment dominated with the largest market share, contributing to four-fifths of the total share. It is expected to maintain this lead throughout the forecast period. The edge-curved segment, however, is anticipated to witness the fastest CAGR of 9.3% from 2021 to 2030.

In terms of thickness, the 100 - 200μm segment held the highest market share in 2020, making up more than two-fifths of the total market share and is expected to continue dominating with the fastest CAGR of 9.0% from 2021-2030. Other thickness segments include 200 - 300 μm, 300 - 400 μm, and 400 μm and above.

Regionally, Asia-Pacific led with the highest share in 2020, holding over two-fifths of the global optically clear adhesives market. It is anticipated to maintain dominance, while North America is expected to exhibit the fastest CAGR of 11.5% from 2021-2030.

Key players in the global optically clear adhesives market, as analyzed in the research, include Dymax Corporation, Henkel Ag & Co. KGAA, Delo Industrial Adhesives LLC, Nitto Denko Corporation, Dexerials Corporation, Lintec Corporation, The 3M Company, Tesa SE, Showa Denko Corporation, and Dow Inc.

𝐈𝐟 𝐲𝐨𝐮'𝐫𝐞 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐦𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐬, 𝐲𝐨𝐮 𝐜𝐚𝐧 𝐜𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐡𝐞𝐫𝐞 @ https://www.alliedmarketresearch.com/optically-clear-adhesive-market

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