Market Insights
The bonding sheet market is likely to grow at a promising CAGR of 7.4% in the long run to reach US$ 551 Million in 2028.
Electronic circuits and other components are integrated into the bonding sheet to provide better performance, stability, and longevity. Several medical gadgets use bonding sheets. Government incentives and programs, rising healthcare costs, and increased investment in research and development of cutting-edge medical technology all contribute to the expansion of the global market. For the bonding of decorative laminates, these sheets are also used in the building and construction industries. High strength, corrosion resistance, and excellent bonding are all features of this sheet. In the upcoming years, market expansion will be facilitated by improving the construction industry and public infrastructure.
The automobile sector has been driving up demand for bonding sheets. Display screens, circuit boards, and other components are adhered to these sheets. For holding and fixing electronics assemblies for electronic control and advanced driver assistance system components, bonding sheet is also being used more and more. The demand for bonding sheets is expected to increase throughout the projected period as a result of the expanding automotive sector globally, the growing emphasis on modernizing passenger vehicles, and the integration of cutting-edge technologies including driver assistance and monitoring systems. Additionally, there will be growth prospects in the years to come due to the expanding development of autonomous vehicles, the increasing demand for high-performing and lightweight vehicles, and the expanding use of electric and hybrid vehicles.
Segments' Analysis
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Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Adhesive Material-Type Analysis
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Polyesters, Polyamides, Acrylics, and Modified Epoxies
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Polyamides are anticipated to remain the biggest demand generator for bonding sheets in the years to come.
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Application-Type Analysis
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Electronics/Optoelectronics and Telecommunication/5G Communication, Automotive and Building & construction
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Electronics/Optoelectronics is likely to grow at a healthy rate during the forecast period.
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Regional Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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Asia-Pacific is expected to remain the largest market over the next five years.
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Adhesive Material Type
The bonding sheet market is segmented into polyesters, polyamides, acrylics, and modified epoxies. Polyamides are expected to remain the largest adhesive material type in the market during the forecast period. As automation techniques are employed more regularly, electronic devices are used more frequently, and electronic gadgets are getting smaller, the demand for bonding sheets has increased. Rising consumer disposable income and a rise in the use of smartphones and other mobile devices both contribute to the market's progress.
Application Type
The market is segmented into electronics/optoelectronics and telecommunication/5g communication, automotive, and building & construction. Electronics is expected to remain the dominant and the fastest-growing application type in the market during the forecast period. The demand for bonding sheets has increased as automation solutions are being used, electronic devices are being used more frequently, and electronic devices are becoming smaller. The expansion of the market is supported by rising consumer disposable income and an increase in the prevalence of smartphones and mobile devices.
Regional Analysis
Asia-Pacific is expected to remain the largest market for bonding sheets during the forecast period. The electronics industry's demand for bonding sheets has grown as a result of population growth and urbanization. Consumers' rising disposable incomes, better lifestyles, and growing adoption of mobile devices all contribute to the market's expansion. The expansion of the market in the region is supported by the economic development and industrialization of China, Japan, Australia, and India, the rising sales of passenger cars, and the thriving construction industry.
The bonding sheet market is segmented into the following categories:
By Adhesive Material Type
- Polyesters (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Polyamides (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Acrylics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Modified Epoxies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Application Type
- Electronics/Optoelectronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Telecommunication/5G Communication (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
By Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and the Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Argentina, and Others)
Key Players
The market is highly populated, with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors, including price, product offerings, regional presence, etc. The following are the key players in the bonding sheet market:
- Arisawa Manufacturing Co., Ltd.
- Nitto Denko Corporation
- Dupont
- Dexerials Corporation
- Nikkan Industries Co., Ltd.
- Showa Denko Materials Co., Ltd.
- Toray Industries, Inc.
- Namics Corporation
- Shin-Etsu Polymer Co., Ltd.
- Taiflex Scientific Co., Ltd.
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s bonding sheet market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.
The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for existing and new players.
- Key success factors.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
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