Bonding Film Market to Rear Excessive Growth During 2026
A
bonding film is defined as a high-strength and fast-bonding adhesive
film for both metal and plastic bonds. It is a substance that is able
to hold materials together by attaching their surfaces.
Characteristics of bonding films include flexibility, bond narrow
widths, minimization of oozing, and controlled and consistent
thickness. Bonding films are widely used in various industries, owing
to their broad range of applications such as high strength, fast
bonding, high-temperature protection, etc.
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Bonding
Film Market: Key Segments
The
bonding film market can be segmented based on type, technology,
end-use industry, and region. In terms of type, the bonding film
market can be classified into epoxy, acrylic, polyurethane, and
others. The others segment includes polyvinyl acetate (PVA),
polyvinyl butyral (PVB), ethylene-vinyl acetate (EVA), and phenolic.
The epoxy segment holds a significant market share, owing to
characteristics of epoxy bonding films such as high bonding strength
and the capability to bond with different types of substrates. Epoxy
is a highly significant type of bonding film due to its capability of
being cured at different temperatures and control over bond line
thickness.
Based
on technology, the bonding film market can be divided into thermally
cured, pressure cured, and others. The others segment comprises
chemically cured and light cured technologies. The thermally cured
segment is estimated to lead the bonding film market during the
forecast period due to the attributes of thermally cured bonding
films such as fast bonding within 2-5 seconds, minimal oozing, and
ability to be used at high temperatures.
In
terms of end-use industry, the bonding film market can be categorized
into electrical & electronics, transportation, packaging, and
others. The others segment includes medical and textiles industries.
The electrical & electronics segment is anticipated to constitute
a prominent market share in the near future. This is due to the
extensive use of bonding films in aerospace, automotive, defense,
consumer, and industrial electronics applications.
Bonding
Film Market: Market Trends & Developments
A
major factor likely to drive the bonding film market is the rise in
demand for bonding films from various end-use industries.
Additionally, the increased use of bonding films over conventional
bonding methods due to their highly effective bonding is projected to
fuel the market. Moreover, an increased use of bonding films in the
semiconductor manufacturing industry is further expected to drive the
bonding film market. However, high storage and transportation cost
and more time requirement for processing techniques are expected to
restrain the bonding film market during the forecast period.
Nevertheless, an increased demand for bonding films from the smart
clothing and wearable industry create new opportunities for the
bonding film market.
Bonding
Film Market: Regional Outlook
Based
on region, the global bonding film market can be segmented into North
America, Europe, Asia Pacific, Middle East & Africa, and Latin
America. Asia Pacific is estimated to be a prominent region of the
global bonding films market. The bonding film market in the region is
likely to expand at a rapid pace due to an increase in demand for
bonding films from various end-use industries such as electrical &
electronics and transportation in emerging economies such as China,
India, Japan, South Korea, etc.. Additionally, the easy availability
of raw materials and presence of key manufacturers such as Hitachi
Chemical Co., Ltd. Are estimated to fuel the market in the region.
Europe and North America also account for a significant market share.
However, the bonding film market in the regions is expected to expand
at a sluggish pace due to stringent government regulations against
the use of harmful adhesives.
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Bonding
Film Market: Key Players
Key
players in the global bonding film market include Henkel AG & Co.
KGaA, 3M, Cytec Solvay Group, Hitachi Chemical Co., Ltd., Arkema
S.A., H.B. Fuller, Hexcel, Corporation, Dupont, Gurit, Koninklijke
Ten Cate Bv, and Master Bond Inc.
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