According
to a recent market research report released by Transparency Market
Research, the global adhesive films market is estimated to expand at
a CAGR of 6.0% during the period from 2014 to 2020 ,projects the
global adhesive films market to be worth US$14.45 bn by 2020. The
overall market was valued at US$9.70 bn in 2013.
In-depth
research report on Adhesive Films Market with
Full TOC at :
http://www.transparencymarketresearch.com/adhesives-films-market.html
The
report points out that the increasing demand for medical films and
tapes for wound care has pushed the growth of the global adhesive
films market. Growing usage of compact and lighter electronic
devices, along with increasing demand for low-cost flexible packaging
materials, has fueled the demand for adhesive films and tapes.
Adhesive films and tapes are employed in the development of
lightweight automobiles with improved efficiency. However, the report
mentions that the volatility in crude oil prices will put pressure on
adhesive films manufacturers’ margins. Further, environmental
regulations against VOC emissions from adhesive films will restrain
the growth of the global adhesive films market. The overall market
has a huge opportunity to grow with the development and
commercialization of biobased materials for adhesive films.
On
the basis of technology, the report segments the global adhesive
films market into hot-melt, pressure sensitive, light-cured, and
others including chemical-cured, heat-cured, and self-cured. In 2013,
pressure sensitive adhesive films dominated the overall market with a
share of more than 75%. However, during the forecast horizon,
light-cured adhesive films are projected to witness maximum growth
owing to superior product characteristics such as low to zero VOC
emissions and fast curing.
According
to the product type, the report categorizes the global adhesive films
market into polyvinyl acetate, polyurethane, acrylic, epoxy,
polyvinyl butyral, and others including polyether, polyesters,
silicone, SBC, and EVA. In 2013, the market was dominated by acrylic
adhesive films due to their extensive usage across industries such as
medical, electronics, automotive, footwear, construction, and
furniture.
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In
terms of application, the report segments the global adhesive films
market into labels, tapes, graphics, and others. Labels are expected
to be the fastest growing segment in the market. Among the end user
industries, medical and healthcare is anticipated to witness rapid
growth during the next couple of years.
The
report studies the global adhesive films market across four key
regional segments: Europe, North America, Asia Pacific, and Rest of
the World. Asia Pacific led the overall market in 2013, accounting
for more than 40% of the global demand. The region is projected to
emerge as the fastest growing region during the forecast horizon. In
North America, the medical industry is driving the demand from the
market. Due to economic instability in Europe, the region is
forecasted to witness comparatively slower growth.
The
report profiles some of the key players in the global adhesive films
market such as Eastman Chemical Company, Kuraray Company Ltd.,
Huntsman International LLC, Bostik S.A., Avery Dennison Corporation,
Ashland Inc., 3M Company, BASF SE, Adhesives Research Inc., H.B.
Fuller Company, Henkel AG & Company KGaA, and The Dow Chemical
Company.
The
research study has been segmented as below:
Adhesive
Films Market - Technology Analysis
- Pressure sensitive
- Light-cured
- Hot-melt
- Others (Including heat-cure, chemical-cured and self-cured)
Adhesive
Films Market - Product Segment Analysis
- Acrylic
- Polyvinyl acetate (PVAc)
- Polyurethane
- Polyvinyl butyral (PVB)
- Epoxy
- Others (Including EVA, silicone, polyesters, and SBC)
Adhesive
Films Market - Application Analysis
- Tapes
- Labels
- Graphics
- Others (Including specialty films, protective films, glazing, and tinting)
Adhesive
Films Market - End-user Analysis
- Packaging
- Automotive
- Medical
- Electronics
- Others (Including construction, footwear, furniture, and aerospace)
Adhesive
Films Market - Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World
Browse
Article Of Adhesive Films Market :
http://www.transparencymarketresearch.com/article/adhesives-films-market.htm
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