Dublin, Nov. 05, 2018 (GLOBE NEWSWIRE) -- The "Adhesive Film Market by Film Material (Polypropylene, Polyvinyl Chloride, Polyethylene), Application (Tapes, Graphic Films, Labels), End-Use Industry (Packaging, Transportation, Electrical & Electronics), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering. The adhesive film market size is projected to grow from USD 57.2 billion in 2018 to USD 75.4 billion by 2023, at a CAGR of 5.7% The adhesive film market is expected to witness growth owing to the increasing demand from various industries such as packaging, automotive, electrical & electronics, and construction. The increasing urban population is a major factor for the increase in the demand for products such as medicines, beverages, FMCGs, and other consumer durables. However, stringent government regulations in the chemical industry are expected to hamper the growth of the adhesive film market. Volatility in raw material prices might adversely affect the overall cost of production for adhesive film manufacturers.The tapes segment is expected to hold the largest share of the overall adhesive film market during the forecast period.The tapes application segment accounted for the largest share of the overall adhesive film market in 2017. Growing use of adhesive tapes in diverse industries such as healthcare, electrical & electronic, and building & construction is resulting in the growth of the adhesive film-based tapes market.The adhesive film market in labels application is expected to witness the highest CAGR during the forecast period. The adhesive labels market has been growing in accordance with the growth trends of the converting and packaging industries. Factors such as rapid urbanization, demand for pharmaceutical supplies, increasing consumer awareness, and growth of the e-commerce industry have propelled the growth of the global self-adhesive labels market.APAC adhesive film market is estimated to register the highest CAGR during the forecast period.The APAC adhesive film market is segmented into China, Japan, India, Indonesia, and the Rest of APAC. The APAC region is a lucrative market for adhesive film owing to the increasing demand from packaging industries and improving economic conditions. Product innovations, new research and development projects, and increasing demand from various end-use industries have also fueled the demand for adhesive film in APAC. It also discusses competitive strategies adopted by market players such as 3M Company (US), Avery Dennison Corporation (US), UPM-Kymmene OYJ (Finland), CCL Industries (Canada), and Toray Industries (Japan), among others. Key Topics Covered: 1 Introduction2 Research Methodology3 Executive Summary 4 Premium Insights 4.1 Significant Opportunities in the Global Adhesive Film Market4.2 Adhesive Film Market Growth, By Film Material4.3 Adhesive Film Market Share in APAC, By End-Use Industry and Country4.4 Global Adhesive Film Market4.5 Adhesive Film Market, Developed vs Developing Nations4.6 Adhesive Film Market: Growing Demand From APAC5 Market Overview 5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Increasing Urban Population in APAC5.2.1.2 Growing E-Commerce, Pharmaceutical, and Consumer Durables Industries5.2.1.3 Growing Consumer Demand for Product Information5.2.1.4 Increase in Product Efficiency, Customer Service, and Advanced Technology5.2.2 Restraints5.2.2.1 Volatility in Raw Material Prices5.2.3 Opportunities5.2.3.1 Forward Integrations in the Value Chain5.2.3.2 Increase in Demand for Bioplastic Polymers5.2.3.3 Use of Recyclable Polymer Films and Liners5.2.4 Challenges5.2.4.1 Implementation of Stringent Regulatory Policies5.3 Porter's Five Forces Analysis5.4 Macroeconomic Overview5.4.1 Trends and Forecast of GDP5.4.2 Trends in the Automotive Industry6 Adhesive Film Market, By Film Material 6.1 Introduction6.2 PP Backed Adhesive Film6.2.1 PP to Dominate Adhesive Film Market6.3 PVC Backed Adhesive Film6.3.1 Versatility to Drive the Demand for PVC Backed Adhesive Film6.4 PE Backed Adhesive Film6.4.1 Low-Density Polyethylene (LDPE):6.4.2 High-Density Polyethylene (HDPE):6.5 Others6.5.1 PET6.5.2 PA6.5.3 PU7 Adhesive Film Market, By Adhesive Resin Type 7.1 Introduction7.2 Acrylic7.3 Silicone7.4 Rubber7.5 Other Resins8 Adhesive Film Market, By Application 8.1 Introduction8.2 Tapes8.2.1 Tapes Application to Dominate the Adhesive Film Market8.3 Labels8.3.1 Growth of the E-Commerce Industry, Pharmaceutical Supplies, and Increase in Consumer Awareness to Propel the Labels Application8.4 Graphic Films8.4.1 US, Canada, the UK, and Germany are Expected to Play A Crucial Role in the Growth of the Graphic Films Application9 Adhesive Film Market, By End-Use Industry 9.1 Introduction9.2 Packaging9.2.1 Packaging to Dominate Adhesive Film Market9.3 Transportation9.3.1 APAC to Be the Leading Region for Transportation in Adhesive Film Market9.4 Electrical & Electronics9.4.1 Electrical & Electronics to Exhibit Highest Growth During Forecast Period9.5 Others9.5.1 Medical9.5.2 Construction9.5.3 Signage10 Adhesive Film Market, By Region 10.1 Introduction10.2 APAC10.2.1 China10.2.2 India10.2.3 Japan10.2.4 South Korea10.2.5 Taiwan10.2.6 Indonesia10.2.7 Rest of APAC10.3 North America10.3.1 US10.3.2 Canada10.3.3 Mexico10.4 Europe10.4.1 Germany10.4.2 France10.4.3 Italy10.4.4 Russia10.4.5 UK10.4.6 Spain10.4.7 Turkey10.4.8 Rest of Europe10.5 Middle East & Africa10.5.1 South Africa10.5.2 Saudi Arabia10.5.3 Rest of Middle East & Africa10.6 South America10.6.1 Brazil10.6.2 Argentina10.6.3 Rest of South America11 Competitive Landscape 11.1 Overview11.2 Competitive Scenario11.2.1 New Product Launch11.2.2 Merger & Acquisition11.2.3 Expansion11.2.4 Agreement12 Company Profiles 12.1 3M Company12.2 Avery Dennison Corporation12.3 UPM-Kymmene OYJ12.4 CCL Industries12.5 Constantia Flexibles12.6 Cosmo Films12.7 Toray Industries12.8 Coveris12.9 Mondi Group12.10 Ester Industries12.11 Other Companies12.11.1 Scapa12.11.2 Shurtape Technologies, LLC.12.11.3 Nitto Denko Corporation12.11.4 Lohmann GmbH & Co. Kg12.11.5 Intertape Polymer Group, Inc.12.11.6 Drytac Corporation12.11.7 Huhtamaki12.11.8 Torraspapel Adestor12.11.9 Fuji Seal International12.11.10 Lintec12.11.11 Americk Packaging Group12.11.12 Dunmore Corporation12.11.13 Kay Premium Marking Films12.11.14 Achilles USA, Inc. For more information about this report visit https://www.researchandmarkets.com/research/j9pdq6/75_billion?w=12 Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager. CONTACT: ResearchAndMarkets.com
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Related Topics: Adhesives and Sealants