Bonding Films Market size was valued at USD 1003.8 Mn. in 2022 and the total revenue is expected to grow by 8.04% from 2023 to 2029, reaching nearly USD 1724.88 Mn.
Bonding Films Market Overview:
The Bonding Films market study gives a complete picture of the competition, including the market share and company profiles of the key competitors in the global industry. The scope of the research includes a thorough investigation of the Bonding Films Market, as well as the reasons for variations in the industry’s growth in various locations.
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Market Scope:
Top-down and bottom-up approaches are used to validate the market size and to estimate the market size by different segments. The market estimations in the report are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and breakdowns of the segments are derived based on weights assigned to each of the segments on their utilization rate and average sale price. The country-wise splits of the overall market and its sub-segments are based on the percentage adoption or utilization of the given market Size in the respective region or country.
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Segmentation:
by Type
1.Epoxy
2.Polyurethane
3.Acrylic
4.Others
The Epoxy, Polyurethane, Acrylic, and Others segments of the Bonding Films Market are separated by Type. During the projection period, the Epoxy segment is anticipated to develop at the greatest CAGR. The market segment’s expansion can be attributed to the strong bonding power of epoxy bonding films and their ability to stick to a number of substrate types. Strong bonds and exact control over bond line thickness are also provided by these bonding films. Several temperatures can be used to treat them.
by Technology
1.Pressure Cured
2.Thermally Cured
3.Others
by End-use Industry
1.Electrical & Electronics
2.Packaging
3.Transportation
4.Others
The bonding films market is divided into Electrical & Electronics, Packaging, Transportation, and Others based on end-use industry.In 2022, the Electrical & Electronics sector accounted for the largest market share. This market sector is expanding as a result of the expanding use of bonding films in automotive, consumer, industrial, and defence & aerospace applications. In the end-use industry of electrical & electronics, the bonding film market is anticipated to develop at the highest CAGR between 2023 and 2029.
Key Players:
Major players in the market are identified through secondary research and their market revenues are determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, CEOs, and marketing executives. The percentage splits, market shares, growth rate, and breakdowns of the global markets are determined by using secondary sources and verified through the primary sources. The biggest players in the Bonding Films market are as follows:
Key Players in the Bonding Films Market are:
1.3M (US)
2.Cytec Solvay Group (US)
3.Huntsman International LLC (US)
4.H.B. Fuller (US)
5.Dupont (US)
6. Rogers Corporation (US)
7.Hexcel Corporation (US)
8. Master Bond Inc. (US)
9.HMT Manufacturing, Inc (US)
10. Henkel AG & Co. KGaA (Germany)
11. Gluetex GmbH (Germany)
12. Dai Nippon Printing Co., Ltd (Japan)
13.Tokyo Electron Limited (Japan)
14. Showa Denko Materials Co., Ltd. (Japan)
15.Nihon Matai Co., Ltd. (Japan)
16. NAN YA PLASTICS CORPORATION (Taiwan)
17. Gurit Holding (Switzerland)
18. Pontacol AG (Switzerland)
19.Koninklijke Ten Cate Bv (Netherlands)
20. Everad Adhesives SAS (France)
21.Arkema (France)
22. Flextech s.r.l (Italy)
23. Loxeal Engineering Adhesives (Italy)
Regional Analysis:
Individual market influencing elements and changes in market laws that influence present and future market trends are also included in the geographical overview of the Bonding Films market study. Current and future trends are examined in order to assess the entire market potential and uncover profitable trends in order to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
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COVID-19 Impact Analysis on Bonding Films Market:
Due to a break in operations, end-user sectors where Bonding Films are used had a decline in growth from January to May in various countries, including China, Italy, Germany, the United Kingdom, the United States, Spain, France, and India. This resulted in a large drop in the revenues of firms operating in these industries and, as a consequence, in demand for Bonding Films manufacturers, affecting the development of the Bonding Films market in 2020. End-user business demand for Bonding Films has dropped considerably as a result of lockdowns and a rise in COVID-19 incidents throughout the world.
Key Questions Answered in the Bonding Films Market Report are:
- Which segment had the largest share in the Bonding Films market in 2021?
- What is the competitive landscape of the Bonding Films market?
- Which are the key drivers aiding the Bonding Films market growth?
- Which region has the maximum share in the Bonding Films market?
- What will be the CAGR of the Bonding Films market during the forecast period (2022-2027)?
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