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.
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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.
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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.