Adhesive films Market, By Film Material Type (Acrylic, PVAc, Polyurethane, PVB, Epoxy and others), By Product (Pressure Sensitive, Hot-melt, Light-cured, Others), By Application (Tapes, Labels, Graphics and Others) By End Use (Packaging, Automotive, Medical, Electronics, and Others), and By Region (North America, Latin America, Europe, Asia-Pacific, Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Adhesive films are thin sheets of high-performance industrial adhesive backed by a rigid backing. While adhesives are used for a broad range of applications, including fastening, assembling, sealing, and fastening together a variety of materials, the most common application is in bonding fabrics and coatings. Despite their relatively low thickness, they provide a very good level of sealing performance comparable to rivets, screws, bolts, and other fasteners for most applications. They can also be used as a binder, meaning that they can bond two or more materials together in order to form a more complex joint. The backing polyurethane which is typically used in this type of joint also adds strength to the bond.
Market Dynamics
Increasing launch of new product by key players is expected to propel growth of the adhesive films market over the forecast period. For instance, in August 2021, Cosmo Films has launched new film products for the label and flexible packaging industry. The new range of films include BOPP face stocks, water-based and UV flexo-compatible film, direct thermal film, and synthetic paper.
High manufacturing cost is expected to limit growth of the adhesive films market over the forecast period.
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