Display Bonding Adhesive Market Analysis By Industry Size, Share, Revenue Growth, Development And Demand Forecast To 2031

Research Nester published a report titled “Display Bonding Adhesive Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of theglobaldisplay bonding adhesive market in terms of market segmentation by type, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global display bonding adhesive market is estimated to occupy a sizeable revenue by growing at a significant CAGR during the forecast period, i.e., 2022 – 2031, ascribing to the rising adoption of adhesives in automotive applications, and rapidly growing pharmaceuticals and mining industries around the world. Along with these, surging rate of urbanization and industrialization globally, and focus of market players to expand their product portfolios are also expected to drive the growth of the market in the forthcoming years.

The market is segmented by type, and application. Based on type, the optically clear adhesive segment is anticipated to acquire the largest share during the forecast period in view of the superior effectiveness of these adhesives to eliminate the gap between the LCD and cover glass. Additionally, by application, the LCD displays segment is projected to grab the largest share over the forecast period attributing to the high usage of display bonding adhesives in LCD displays to stop dust and condensed water from going behind the cover glass, and for raising the shock resistance of displays.

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Geographically, the global display bonding adhesive market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. Asia Pacific is evaluated to witness noteworthy growth and acquire the largest share in the market during the forecast period attributing to the escalating production of electronic products in China and Japan. Moreover, the market in North America is also assessed to acquire notable share over the forecast period on the back of the increasing demand for the product from the furniture industry in the region.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Growing Adoption of the Products in Automotive-Based Applications Globally to Drive Market Growth

Over the last few years, the demand for automobiles across the globe has witnessed a significant hike. This is predicted to raise the demand for display bonding adhesives as a result of their benefits, such as excellent bond strength, low temperature resistance and low thermal expansion, which in turn is anticipated to drive market growth in the upcoming years.

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However, expensiveness of raw materials is expected to operate as key restraint to the growth of the global display bonding adhesive market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global display bonding adhesive market which includes company profiling of 3M Company, H.B. Fuller Company, Ashland Inc., Dymax Corporation, Henkel AG & Co. KGaA, Permabond Engineering Adhesives, Bohle Group, The Dow Chemical Company, ThreeBond Holdings Co., Ltd., Sika A.G., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global display bonding adhesive market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. 

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