Film Adhesives Market Size and Growth Share 2021 | Global Share by Manufacturers, Sales Revenue, Key Strategies Gross Margin Analysis, Development History, and Future Scope with Forecast Research 2030

In a recent published report, Kenneth Research has updated the market report for Film Adhesives Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Film Adhesives Market products.

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On the other hand, it is estimated that every second, around 300kgs of toxic chemicals are released into water, land and air by the industrial facilities. Further, the market is projected to grow on account of the growing trade in chemicals worldwide. The European Union recorded to be the largest exporter of chemical products around the globe in the year 2019. The region was also the second largest importer of chemical products after the United States in the same year. The exports of chemicals in Europe, according to the statistics by Eurostat, grew from USD 323.49 billion in 2010 to USD 504.83 billion in 2020. Moreover, the imports of chemicals in the region grew from USD 205.64 billion in 2010 to USD 285.91 billion in 2020.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Film Adhesives Market was valued at USD 1.2 Billion in the year 2017. Global Film Adhesives Market is further estimated to grow at a CAGR of 5.9 % from 2019 to reach USD 1.89 Billion by the year 2025. In the Global Film Adhesives Market, by region Asia Pacific region holds the highest Market share in 2017 and is also Market is considered as the fastest growing Market in the forecasted period owing to their Market demands. At a country level, China and India in Asia-Pacific are projected to grow strongly in the coming years due to high-end aerospace applications.

Major market players in Film Adhesives Market are Arkema S.A., Hexcel Corp., 3M Company, Nusil, Axiom Materials Inc., H.B. Fuller Company, Cytec Solvay Group, Master Bond, Royal Ten Cate, Henkel AG & Co. KGaA, and brief overview of 9 companies is also provided in the report.

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SWOT analysis of Film Adhesives Market:

Rising demand for medical films and tapes
Increasing use of compact size and lightweight electronic devices
Changing government regulations and norms.
Fluctuating prices of petroleum hamper the manufacturers
Development of bio-based adhesive films

High Cost and restriction on the use of raw material

The segmentation is done on the basis of resin type, by Resin technology, by end users, and by region. On the basis of resin types, the epoxy segment is expected to hold the highest Market share during the forecast period due to high-performance adhesives.

Film Adhesives Market Segmentation:
By Resin Technology

*Heat Cured
*Pressure Cured
*EB/UV Cured
*End Users
*Electronic & Electrical
*Automotive & Transportation

By Resin Type
*Cyanate Ester

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By Region
*North America
o Canada
o Germany
o U.K.
o France
o Italy
o Rest of Europe
o China
o India
o Japan
o Rest of Asia-Pacific
o Latin America
o Middle East & Africa

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