Global Adhesive Films Market: Demand for Light-Cured Adhesive Films to Drive Market at 6.0% CAGR by 2020.

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. The report, titled “Adhesive Films Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 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.

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.

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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.

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.

Browse the full Adhesive Films (Acrylic, Polyvinyl Acetate (PVAc), Polyurethane, Polyvinyl Butyral (PVB), Epoxy and Others) Market by Technology (Pressure Sensitive, Hot-melt, Light-cured and Others), by End-user Industries (Packaging, Automotive, Medical, Electronics And Other) For Tapes, Labels, Graphics and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at : http://www.transparencymarketresearch.com/adhesives-films-market.html

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

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