Bonding Sheet Market by Adhesive Materials (Acrylics, Polyimides, Polyesters, and Modified Epoxies), Applications (Automotive, Electronics/Optoelectronics, and Building & Construction), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global bonding sheet market size was valued at around USD 412.80 Million in 2022, is expected to reach at around USD 791.44 Million by 2031 and is anticipated to expand at a CAGR of 7.5% during the forecast period, 2023–2031. The growth of the market is attributed to increasing demand for bonding sheet from various industries.
A bonding sheet is a sheet or film containing an adhesive layer on one side that is used for surface coating or bonding. It comes with a detachable paper release layer to avoid early adhesion. It is usually smooth and glossy, although textured variations are sometimes available.
Pure adhesive, sheet adhesive, and just adhesive are other names for it. In multi-layer laminations, a bonding sheet is generally utilized to bind flexible inner layers or stiff cap layers. It is commonly employed to bond flexible circuits to rigid-flex boards, during the production of heat sinks, rigid-flex PCBs, bond stiffeners and others. Other than that, it is used for ornamental laminations.
Every country in the globe went into lockdown during the COVID-19 pandemic, which had a significant impact on the global industrial industry. The global lockdowns caused manufacturing line interruptions due to the manpower shortages and inactive logistics. The bonding sheet market has suffered as a result of manufacturing and supply chain interruptions.
Market Trends, Drivers, Restraints, and Opportunities
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Government incentive and schemes is expected to drive the market.
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Varied electronic products need bonding sheet which is projected to propel the market during the forecast period.
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Geopolitical uncertainties are anticipated to hinder the market as it slows down free flow of goods.
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Supply chain disruptions is expected to hamper the market in the coming years.
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Rising demand for novel bonding technologies are projected to create lucrative opportunities for market players.
Scope of Bonding Sheet Market Report
The report on the global bonding sheet market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Bonding Sheet Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Adhesive Materials (Acrylics, Polyimides, Polyesters, and Modified Epoxies), and Applications (Automotive, Electronics/Optoelectronics, and Building & Construction) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Arisawa Manufacturing Co.; DuPont; NIKKAN INDUSTRIES Co., Ltd.; Dexerials Corporation; Nitto Denko Corporation; Showa Denko Materials Co., Ltd.; Toray Industries, Inc.; NAMICS Corporation; and Shin-Etsu Polymer Co., Ltd. |
Bonding Sheet Market Segment Insights
Acrylics Segment to Expand at a Considerable CAGR
On the basis of adhesive materials, the bonding sheet market is segmented into acrylics, polyimides, polyesters, and modified epoxies.
The acrylics segment is projected to expand at a considerable CAGR during the forecast period. Acrylic adhesives are made up of acrylic or methyl acrylic polymers and are resin-based. They are incredibly strong and effective at attaching several items together, as well as being exceedingly resistant to the elements.
The polyesters segment is anticipated to account for a major market share during the forecast period. A polyester is a polymer (a chain of repeating units) with ester connections that hold the individual units together.
Electronics/optoelectronics Segment to Hold a Significant Share of the Market
Based on applications, the market is divided into automotive, electronics/optoelectronics, and building & construction.
The electronics/optoelectronics segment is expected to hold a significant share of the market in the coming years, due to rising demand for consumer electronics, electrical vehicles, and miniaturization of electronic components. The automotive segment accounts for a significant market share.
Automotive component adhesive bonding has a number of benefits over mechanical attachment. Bonding sheet allows for more design flexibility, as well as protection from vehicle shocks and vibrations and a longer shelf life. The usage of bonding sheet can greatly minimize the amount of vehicle parts, such as fasteners.
Asia Pacific is Anticipated to Constitute a Key Market Share
In terms of regions, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.
Asia Pacific is expected to constitute a key share of the market during the forecast period, owing to industrial growth in the region. The market in North America is anticipated to expand at a rapid pace during the forecast period, due to rising number of applications in the region and leading innovations and developments in the field of bonding sheet.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bonding Sheet Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bonding Sheet Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bonding Sheet Market - Supply Chain
4.5. Global Bonding Sheet Market Forecast
4.5.1. Bonding Sheet Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bonding Sheet Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Bonding Sheet Market Absolute $ Opportunity
5. Global Bonding Sheet Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Bonding Sheet Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Bonding Sheet Demand Share Forecast, 2019-2026
6. North America Bonding Sheet Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Bonding Sheet Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Bonding Sheet Demand Share Forecast, 2019-2026
7. Latin America Bonding Sheet Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Bonding Sheet Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Bonding Sheet Demand Share Forecast, 2019-2026
8. Europe Bonding Sheet Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Bonding Sheet Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Bonding Sheet Demand Share Forecast, 2019-2026
9. Asia Pacific Bonding Sheet Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Bonding Sheet Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Bonding Sheet Demand Share Forecast, 2019-2026
10. Middle East & Africa Bonding Sheet Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Bonding Sheet Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Bonding Sheet Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Bonding Sheet Market: Market Share Analysis
11.2. Bonding Sheet Distributors and Customers
11.3. Bonding Sheet Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)