Bonding Film Market: Overview

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.

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.

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.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.


Bonding Film Market

Pre Book