Thermoplastic adhesive films are solid adhesive sheets that can be heated to melt and bond materials together. These films are made from thermoplastic polymers, which soften upon heating and solidify upon cooling. They are widely used in various industries for their ease of application, clean processing, and versatility. These films are an efficient choice for applications requiring strong, clean, and precise bonding solutions.
The thermoplastic adhesive films market consists of sales by entities (organizations, sole traders and partnerships) of thermoplastic adhesive films that are used in processes requiring durable bonds, including laminating fabrics, assembling electronic components, and securing medical devices. These films find complementary usage alongside mechanical fastening, liquid adhesives, and welding technologies, while they often serve as substitutes for rivets, screws, and traditional glues, particularly in lightweight and flexible material applications.
The global thermoplastic adhesive films market was valued at $1,679.85 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 4.00%.
Rising Demand For Consumer Electronics
The rising demand for consumer electronics supported the growth of the thermoplastic adhesive films market during the historic period. Consumers demand durable, stress-resistant and long-lasting electronics. Thermoplastic adhesive films deliver exceptional thermal and mechanical stability, ideal for high-stress or heat-exposed components. It provide invisible bonding supports, sleek visually appealing designs, enabling seamless integration of touchscreens, displays and sensors while ensuring both functionality and aesthetic appeal. For instance, in May 2023, according to the Japan Electronics and Information Technology Industries Association, a Japan-based trade association, the total consumer electronics production reached ¥32,099 million ($291.81 million) in May 2023, compared to ¥25,268 million ($229.768 million) in May 2022. Therefore, the rising demand for consumer electronics drove the growth of the thermoplastic adhesive films market.
Role Of Bio-Based Materials In Thermoplastic Adhesive Films
Major companies operating in the thermoplastic adhesive films market are focusing on developing innovative bio-based thermoplastic polyurethane (TPU) adhesive films, to address environmental concerns and rising demand for sustainable solutions. These films, made from renewable sources, offer an eco-friendly alternative to petrochemical-based materials. For instance, in May 2024, The Lubrizol Corporation, a US-based specialty Chemicals Company, launched Pearlbond ECO 590 HMS TPU (High Modulus Soft Thermoplastic Polyurethane), a bio-based thermoplastic polyurethane designed for hot melt adhesives and extrusion. This product boasts rapid setting, strong adhesion to diverse fabrics and resistance to temperature and hydrolysis, ensuring durability in demanding applications. With 61% bio-based content and enhanced processability, Pearlbond ECO 590 supports sustainability goals across industries such as textile lamination, seam tapes and footwear manufacturing.
The global thermoplastic adhesive films market is fairly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up to 18.90% of the total market in 2023.
Thermoplastic Adhesive Films Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global thermoplastic adhesive films market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for thermoplastic adhesive films? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The thermoplastic adhesive films market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider thermoplastic adhesive films market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by material, by technologies, by application and by end use.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the thermoplastic adhesive films market.
- Global Market Size And Growth- Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by material, by technologies, by application and by end use in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities And Strategies Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations This section includes recommendations for thermoplastic adhesive films providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Material: Polyamide; Thermoplastic Polyurethane (TPU); Polyester; Polyolefins; Copolyamides; Copolyesters; Other Materials
- 2) By Technologies: Extrusion Coating; Hot Melt Adhesive; Resin Blending; Film Casting; Other Technologies
- 3) By Application: Membrane Films; Barrier Films; Blackout Films
- 4) By End Use: Textile; Automotive; Electrical And Electronics; Medical; Ballistic Protection; Lightweight Hybrid Construction; Other End Users
- Companies Mentioned: 3M Company; Avery Dennison Corporation; Covestro AG; BASF SE; Huntsman Corporation
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Maxico; Brazil; France; Germany; UK; Italy; Spain; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; thermoplastic adhesive films indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.