Sarasota, FL -- (SBWIRE) -- 08/23/2017 -- Bonding Films Market: Overview

In order to bond the substrates of plastics, glass, or metals the bonding films are used. For a wide range of applications, the bonding films are used as they are cost-effective. The benefits of using the bonding films are they provide a good adhesion to several surfaces, provide a layer of dielectric insulation, provide high structural and internal strength bonds, and much more.

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Bonding Films Market: Segmentation

The global market for bonding films is fragmented into its type, technology, and end-user applications. Depending on the type, the global market is segregated into epoxy, polyurethane, acrylic, and others. Depending on the technology, the market is categorized into pressure cured and thermally cured. Depending on the end-user applications, the market is divided into transportation, electrical & electronics, packaging, and others.

Bonding Films Market: Growth Factors

The major factor driving the global bonding films market is its increased usage in the high-end applications of the transportation and the electrical and electronics industries. The increasing use of bonding films in several applications is owing to its highly effective bonding, which is far better than the traditional bonding methods. The epoxy segment of the bonding film is contributing the major share in the growth of the market. The epoxy bonding films have a uniform bond line thickness thus preferred a lot in the applications where the large parts are expected to be bonded with high strength and accuracy. As the bonding films have an additional benefit of extensive curing temperature range it is used in a wide range of applications. All these factors positively affect the growth of the market. Certain factors that will restrain the growth of the bonding films market include the high cost involved in the storage and transportation and the time-consuming processing techniques involved in the application of the bonding films.

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Bonding Films Market: Regional Analysis

The geographical diversification of the global bonding films market includes the Middle East and Africa, North America, Asia Pacific, Latin America, Eastern Europe, and Western European regions. The region that is expected to dominate the bonding films market is Asia Pacific region. In the coming years, the market will have a significant growth in this region. The factors that will contribute to this increased growth are the increased rate of applications of the bonding films in the transportation and the electrical and the electronics sectors coupled with several other industries. The other factors that contribute to the market growth are the presence of the major players and the availability of the raw materials in this region. In the other regions such as North America and Europe, the market will contribute a good share for the market development in the coming years.

Bonding Films Market: Competitive Players

The key market players that are involved in the bonding films market are 3M, Hitachi Chemical Co., Ltd., H.B. Fuller, Gurit, Rogers Corporation, Henkel AG & Co. KGaA, Cytec Solvay Group, Arkema S.A., Koninklijke Ten Cate Bv, Hexcel Corporation, DuPont, Huntsman International LLC., and Master Bond Inc.

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Bonding Films Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa