Adhesive Films market is expected to be worth US$ 61.6 Bn by the year 2022 | Future Market Insights, Inc.

The market for adhesive films is anticipated to grow linearly, reaching US$ 96.6 by 2030 at a CAGR of 4.6% from 2022 to 2030. The market for adhesive films was valued at US$ 61 billion in 2020. It will undoubtedly expand significantly within the anticipated period. The anticipated term is expected to see BOPP in the lead.

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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