Film Adhesives Industry Growth, Global Size, Opportunities, Top Companies, Share, Trends,

The report "Film Adhesives Market by Resin Type (Epoxy, Acrylic, Cyanate Ester), End-Use Industry (Electrical & Electronics, Aerospace, Automotive & Transportation, Consumer), and Region (APAC, North America, Europe, South America, and MEA) – Global Forecast to 2023", size was projected to grow from USD 1.24 billion in 2018 to USD 1.62 billion by 2023, at a CAGR of 5.5% between 2018 and 2023. This growth can be attributed to the preference for film adhesives over conventional adhesives in high-end aerospace applications due to its benefits such as controlled bond-line thickness and no-mix prerequisite.

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Film adhesives are thin layers of adhesive material used to bond substrates together, providing strong and uniform adhesion. These adhesives are typically pre-formed and come in various formulations to suit different applications, including aerospace, electronics, automotive, and construction. Film adhesives offer advantages such as ease of use, consistent application, and reliable performance in demanding environments.

Based on resin type, the epoxy segment is projected to lead the film adhesives market during the forecast period.

Epoxy is estimated to be the largest resin type segment of the film adhesives market in 2018. The growth of the epoxy segment can be attributed to its properties, such as high strength, high temperature resistance, and high fatigue resistance.

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The electrical & electronics segment is estimated to be the largest end-use segment of the film adhesives market.

Based on end-use, the electrical & electronics segment is estimated to lead the film adhesives market in 2018. Film adhesives are widely used to manufacture and assemble electronic circuits and products.