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Global Film Adhesives Market

  • 4100.00 Dollar US$
  • Published date: July 31, 2020
    • Pune, Maharashtra, India [ Ads Views - 7 ]

Global Film Adhesives Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of 5.81% during forecast period. The global film adhesives market is driven by factors like increasing demand for film adhesives from numerous end-use industries like aerospace, consumer electronics, automotive & transportation, and electrical & electronics. This high demand is attributable to its excellent properties like high strength and high-temperature resistance, which are essential in the automotive industry. Additionally, the film adhesives can be applied directly that offer ease of using film adhesives is fuelling the growth of the global film adhesives market. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. One of the types of film adhesives like epoxy adhesives is experiencing high demand from the automotive and transportation industries because of its high performance and high strength. The epoxy film adhesives are able to perform under high pressure and fatigue resistance, which is further bolstering the growth of the global film adhesives market. However, high production cost and complicate production of films are restraining growth of the global film adhesives market. Nonetheless, the growing application of film adhesives in consumer electronics is offering lucrative opportunities for growth in the upcoming years.

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