Adhesive films are films, tapes, and sheets that have adhesive coatings. These films are used to form a link between two surfaces and are simple to apply. Adhesive films are used in a variety of industries, including construction, aircraft, electronics, portable computing, and automotive. Polyvinyl chloride, polyvinyl acetate, polyethylene, and polyvinyl butyral are some of the materials used to make adhesive films.
The worldwide Adhesive Films Market is expected to exceed US$ 22,945.3 million in revenue by the end of 2028, rising at a CAGR of 6.0 percent during the forecast period (2021 to 2028).
The growing need for smaller and lighter electronic gadgets is propelling the adhesive films and tapes industry forward. Adhesive films are in high demand because to the growing desire for downsizing of electronic products such as portable personal computers, tablets, and mobile phones. Strong growth in the smartphone industry is predicted to fuel the expansion of the adhesive film market. Additionally, an increase in the sale of electronic gadgets throughout the world is expected to boost the adhesive film market expansion.
The rising demand for medical films and tapes for wound treatment is primarily driving the growth of the adhesive film market. The rise in the healthcare business, combined with increased investment in the medical industry to improve healthcare facilities, is fueling market expansion once again. As the number of accidents and other injuries rises, so will the need for medical recordings and videos. As a result of the rising number of accidents and injuries, the market for medical films and tapes is predicted to rise.
In 2020, Asia Pacific dominated the worldwide Adhesive films market, accounting for 35.77 percent of total volume, followed by North America and Europe, respectively. Because of the growing construction and aerospace industries, as well as product innovation.