Growing
consumer electronics industry is expected to drive the market for
adhesive films. Electrically insulating adhesive films are
indispensable part of the consumer electronics as they are primarily
used for components, substrates, heat sink attach, lid sealing and
packaging applications. Changing lifestyle and rising disposable
income in developing countries such as China, India and Brazil is
driving consumer electronics industry. Major players from North
America and Europe are changing their manufacturing bases to China to
reduce production cost. Further, replacement of liquid adhesives by
adhesive films is expected to boost the market growth. Adhesive films
are easy to transport and handle, require no solvents for cleaning or
dilution therefore eliminating mix tolerance concerns.
Another
major advantage adhesive films offer is that they are easy to apply
over the surface uniformly with minimal wastage. In addition, growing
demand from automotive electronics is expected to drive the market.
Automotive electronics is driven by technological advances and
changing needs of consumer groups. The requirement of blue-tooth,
GPS, rear view camera and television in automobiles by consumer
groups in developed and developing countries is driving automotive
electronics industry which in turn expected to drive the market for
adhesive films.
However,
high production cost and complex production process is expected to
hamper the market growth. Production cost and complexity of adhesive
films rises with customization of product as these are used in
different application area. Adhesive films require curing by heat,
pressure or curing agents that affect the cost. Additionally,
volatile raw material prices are expected to inhibit the market
growth by affecting profit margin of manufacturers. Technological
advances in the field of bio-based adhesive films and increasing
applications areas are expected to provide immense opportunities for
the players in this market. As adhesive films are manufactured from
crude oils they emit volatile organic compounds (VOC) and
environmental regulations in various developed countries are
enforcing the manufactures to develop bio-based adhesive films.
The
applications of adhesive films include consumer & industrial
electronics, defense & aerospace, automotive electronics, LED
lighting, Radio frequency identification, solar energy, handheld
communicating & computers and medical electronics. There are
different types of adhesive films available for specific applications
such as electrical conductive, electrical insulation and thermal
conductive. They are used to reduce weight, enhance design freedom,
simplify assembly and improve performance. Growing demand from
consumer electronics and automotive electronics is expected to drive
the market in the APAC region.
Adhesive
films market is highly consolidated with few major players accounting
for the majority of market share. The market is characterized by high
degree of competition and players compete on their pricing strategy.
Some of the market players in adhesive films industry include The Dow
Chemical Company, Henkel Corporation, Gurit, BASF SE, DU Pont, Bayer
Corporation, Adhesive Films Inc., 3M Company, Bostik US, Gluetex, HMT
Manufacturing Inc., Presco among others.
This
research report analyzes this market depending on its market
segments, major geographies, and current market trends. Geographies
analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
More
Reports on Chemical and Materials Market:
http://www.transparencymarketresearch.com/chemical-market-reports-2.html
About
Us
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.
Contact:
Transparency
Market Research
90
State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA
- Canada Toll Free 866-552-3453
Browse
Market Research Blogs:
Good articles, Have you heard of LFDS (Le_Meridian Funding Service, Email: lfdsloans@outlook.com --WhatsApp Contact:+1-9893943740--lfdsloans@lemeridianfds.com) is as USA/UK funding service they grant me loan of $95,000.00 to launch my business and I have been paying them annually for two years now and I still have 2 years left although I enjoy working with them because they are genuine Loan lender who can give you any kind of loan.
ReplyDeleteIf you had financial problems, then it is time for you to smile. You only need to contact Mr. Benjamin with the amount you wish to borrow and the payment period that suits you and you will have your loan in less than 48 hours. I just benefited for the sixth time a loan of 700 thousand dollars for a period of 180 months with the possibility of paying before the expiration date. Make contact with him and you will see that he is a very honest man with a good heart.His email is lfdsloans@lemeridianfds.com and his WhatApp phone number is + 1-989-394-3740
ReplyDelete