Press release
Bonding Films Market Expected to Grow at a Steady CAGR by 2022 - Scalar Market Research
Bonding films are extensively used in electrical and electronics applications and transportation industries. They can be used to bond plastic substrates, metals or glass. They are cost effective, durable, and cover a wide range of applications. Bonding films offer various benefits such as good adhesion to variety of surfaces, provides an insulating layer to the surface, high strength, and the bonding is as good as permanent. In addition, the bonding films can withstand high temperatures and provide line thickness control. This report studies the current and future aspects of the bonding films market.The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the bonding films market. The scope of this report covers the bonding films market by its major segments, which include the types, applications, and the major geographic regions.
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The global bonding films market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The Asia Pacific region holds the highest market share and is the largest revenue contributor of the bonding films market. The region continues to dominate the global market during the forecasted period because of presence of many manufacturers of bonding films in countries like India and China. Also, due to industrial evolution seen in this region, there is a high demand for bonding films across various industries ranging from electricals and electronics to aerospace. In addition, the raw materials required for the production of bonding films is easily available in China, Taiwan, Korea and Japan and key players are largely investing in the Asia-Pacific region making it the most favoring region for the bonding films market.
MARKET SEGMENTATION
This report analyzes the bonding films market by the following segments:
Bonding Films Market, by Type
1. Epoxy
2. Acrylic
3. Polyurethane
4. Others
Bonding Films Market, by Technology
1. Thermally Cured
2. Pressure Cured
3. Others
Bonding Films Market, by End-use Industry
1. Electrical & Electronics
2. Transportation
3. Packaging
4. Others
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About Scalar Market Research
Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.
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Market Values:
The Bonding Films Market, valued at USD 1003.8 Mn. in 2022, is projected to experience a robust growth trajectory, with revenues expected to surge by 8.04% from 2023 to 2029, reaching nearly USD 1724.88 Mn.
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