Film adhesive is a solvent-based adhesive that forms a thin flexible bonding layer. These films are widely used as substitute to liquid adhesive in many industries such as automotive & transportation, aerospace, and others.
The key players operating in the market include BASF SE, Dow Chemical, Henkel AG & Company, H.B. Fuller, 3M, Arkema, Bostik, Cytec, Solvay Group, Gluetex GmbH, Bayer AG, Gurit, Presco, DuPont, and HMT Manufacturing. Other players in the value chain analysis (and not included in the report) include Bostik, Cosmo Films Ltd., SNS Films, Vibac Group S.p.A., and Tekni-Plex Inc.

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Increasing demand for film adhesives in end-use industries, such as electrical & electronics, aerospace, automotive & transportation, consumer, and others drives the growth of the global film adhesive market. In addition, film adhesive is preferred over conventional adhesives in high-end aerospace applications due to properties such as resistance to high temperature, high strength, and resistance to fatigue, which in turn is expected to increase the demand of the global market. Furthermore, film adhesives can be applied directly that make it widely used in the manufacturing and assembling of electronic circuits. This factor is anticipated to drive the growth of the global film adhesive market.

High production cost and complication in the production of these films are expected to restrain the growth of the global film adhesive market. However, increase in demand from medical and fitness wear is expected to provide lucrative opportunities for the global film adhesive market in the near future.

The global film adhesive market is segmented based on resin type, end-user industry, application, and region. On the basis of resin type, the market is segmented into cyanate ester, epoxy, acrylic, and others. By end-user industry, the market is categorized into aerospace, electrical & electronics, consumer, automotive & transportation, and others. On the basis of application, the market is segmented into labels, tapes, graphics, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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