Asia Pacific Thermoplastic Adhesive Films Market Forecast to 2030 - Regional Analysis - by Material (Polyethylene, Polyamide, Thermoplastics Polyurethane, Polyester, Polypropylene, Polyolefins, Copolyamides, Copolyesters, and Others), Technology (Cast Film and Blown Film), Application (Membrane Films, Barrier Films, and Blackout Films), and End Use (Textile, Automotive, Electrical and Electronics, Medical, Ballistic Protection, Lightweight Hybrid Construction, and Others)
The Asia Pacific thermoplastic adhesive films market was valued at US$ 671.53 million in 2022 and is expected to reach US$ 1,048.70 million by 2030; it is estimated to grow at a CAGR of 5.7% from 2022 to 2030.
Rising Demand for Consumer Electronics Fuels the Asia Pacific Thermoplastic Adhesive Films Market
The consumer electronics industry is witnessing a significant surge due to the increasing usage of electronic appliances, such as smartphones, laptops, and other electronic products. They have become a necessity in the technological world. Thermoplastic adhesive films are widely used in several consumer electronics, such as cell phones and laptops. The demand for various electronic products is increasing with the constant expansion in the consumer electronics industry. The rising utilization of smartphones, laptops, and other devices is expected to drive the application of adhesive systems to manufacture core components. The complexity of electronic devices has increased along with the miniaturization of electronic components. Sophisticated electronic designs require high bonding strength and a small adhesion area, which is offered by thermoplastic adhesive films. China is a major manufacturing destination for electronics, with the presence of many electronic OEMs. China is the largest manufacturing hub of electronics in the world. Factors such as low labor costs, availability of skilled labor, and strong supply chains are driving the growth of the electronics industry. In Malaysia, electronics manufacturing contributes significantly to the exports of the country. Many electronic companies have moved manufacturing to India in the past few years. The government of India is also showing an aggressive approach to promoting the country as an alternative market to China. According to Invest India, the global electronics manufacturing services market is anticipated to reach US$ 1,145 billion by 2026, at a CAGR of 5.4% during 2021-2026. The India Brand Equity Foundation states that the Indian electronics manufacturing industry is expected to reach US$ 520 billion by 2025. Thus, the growing electronics industry is driving the demand for thermoplastic adhesive films.
Asia Pacific Thermoplastic Adhesive Films Market Overview
Asia Pacific is home to significant semiconductor and automobile players, including Samsung Electronics Co., Ltd.; Sony Group Corporation; SK Hynix Inc.; Toyota Motor Corporation; Tata Motors Ltd.; Hyundai Motor Company; Nissan Motor Co., Ltd.; and Honda Motor Co., Ltd. These companies are focused on expansion, research and development, and product innovation. In 2020, Covestro AG and Toyota Boshoku Corp partnered to develop kenaf fiber-reinforced polyurethane foam composite material for utilization in electric concept car LQ door trims. According to a report published by the China Passenger Car Association, in 2022, Tesla Inc. delivered 83,135 made-in-China electric vehicles, indicating growth in sales of electric vehicles from 2021.
As per the International Organization of Motor Vehicle Manufacturers report, in 2021, the countries in Asia Pacific produced ~46.73 million units of motor vehicles. According to the International Organization of Motor Vehicle Manufacturers, motor vehicle production in Japan reached 7.83 million units in 2022. The developing automotive industry in Asia Pacific is expected to create favorable business opportunities for automotive components, subsequently boosting the thermoplastic adhesive film market in the region during the forecast period.
Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecast to 2030 (US$ Million)
Asia Pacific Thermoplastic Adhesive Films Market Segmentation
The Asia Pacific thermoplastic adhesive films market is segmented based on material, technology, application, end use, and country.
Based on material, the Asia Pacific thermoplastic adhesive films market is segmented into polyethylene, polyamide, thermoplastics polyurethane, polyester, polypropylene, polyolefins, copolyamides, copolyesters, and others. The thermoplastics polyurethane segment held the largest share in 2022.
Based on technology, the Asia Pacific thermoplastic adhesive films market is bifurcated into cast film and blown film. The cast film segment held a larger share in 2022.
Based on application, the Asia Pacific thermoplastic adhesive films market is segmented into membrane films, barrier films, and blackout films. The barrier films segment held the largest share in 2022.
Based on end use, the Asia Pacific thermoplastic adhesive films market is segmented into textile, automotive, electrical and electronics, medical, ballistic protection, lightweight hybrid construction, and others. The textile segment held the largest share in 2022.
Based on country, the Asia Pacific thermoplastic adhesive films market is categorized into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific thermoplastic adhesive films market in 2022.
Kureha Corp, PROTECHNIC SA, PROCHIMIR Inc, Shanghai Xingxia Polymer Products Co Ltd, HB Fuller co, Covestro AG, Scapa Group Ltd, and tesa SE are some of the leading companies operating in the Asia Pacific thermoplastic adhesive films market.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
2.2.1 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Asia Pacific Thermoplastic Adhesive Films Market Landscape
4.1 Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Thermoplastic Adhesive Films Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End-Use Industries
4.4 List of Vendors in the Value Chain
5. Asia Pacific Thermoplastic Adhesive Films Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Automotive and Textile Industries
5.1.2 Rising Demand for Consumer Electronics
5.2 Market Restraints
5.2.1 Fluctuations in Raw Material Prices
5.3 Market Opportunities
5.3.1 Growing Government Investment in Ballistic Protection Technologies
5.4 Future Trends
5.4.1 Adoption of Bio-Based Thermoplastic Adhesive Films
5.5 Impact Analysis
6. Thermoplastic Adhesive Films Market - Asia Pacific Market Analysis
6.1 Asia Pacific Thermoplastic Adhesive Films Market Revenue (US$ Million)
6.2 Asia Pacific Thermoplastic Adhesive Films Market Forecast and Analysis
7. Asia Pacific Thermoplastic Adhesive Films Market Analysis - Material
7.1 Polyethylene
7.1.1 Overview
7.1.2 Polyethylene Market Revenue and Forecast to 2030 (US$ Million)
7.2 Polyamide
7.2.1 Overview
7.2.2 Polyamide Market Volume, Revenue and Forecast to 2030 (US$ Million)
7.3 Thermoplastics Polyurethane
7.3.1 Overview
7.3.2 Thermoplastics Polyurethane Market Volume, Revenue and Forecast to 2030 (US$ Million)
7.4 Polyester
7.4.1 Overview
7.4.2 Polyester Market Volume, Revenue and Forecast to 2030 (US$ Million)
7.5 Polypropylene
7.5.1 Overview
7.5.2 Polypropylene Market Volume, Revenue and Forecast to 2030 (US$ Million)
7.6 Polyolefins
7.6.1 Overview
7.6.2 Polyolefins Market Volume, Revenue and Forecast to 2030 (US$ Million)
7.7 Copolyamides
7.7.1 Overview
7.7.2 Copolyamides Market Volume, Revenue and Forecast to 2030 (US$ Million)
7.8 Copolyesters
7.8.1 Overview
7.8.2 Copolyesters Market Volume, Revenue and Forecast to 2030 (US$ Million)
7.9 Others
7.9.1 Overview
7.9.2 Others Market Volume, Revenue and Forecast to 2030 (US$ Million)
8. Asia Pacific Thermoplastic Adhesive Films Market Analysis – Technology
8.1 Cast Film
8.1.1 Overview
8.1.2 Cast Film Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Blown Film
8.2.1 Overview
8.2.2 Blown Film Market, Revenue and Forecast to 2030 (US$ Million)
9. Asia Pacific Thermoplastic Adhesive Films Market Analysis - Application
9.1 Membrane Films
9.1.1 Overview
9.1.2 Membrane Films Market Revenue and Forecast to 2030 (US$ Million)
9.2 Barrier Films
9.2.1 Overview
9.2.2 Barrier Films Market Revenue and Forecast to 2030 (US$ Million)
9.3 Blackout Films
9.3.1 Overview
9.3.2 Blackout Films Market Volume, Revenue and Forecast to 2030 (US$ Million)
10. Asia Pacific Thermoplastic Adhesive Films Market Analysis - End Use
10.1 Textile
10.1.1 Overview
10.1.2 Textile Market, Revenue, and Forecast to 2030 (US$ Million)
10.2 Automotive
10.2.1 Overview
10.2.2 Automotive Market Revenue, and Forecast to 2030 (US$ Million)
10.3 Electrical and Electronics
10.3.1 Overview
10.3.2 Electrical and Electronics Market Revenue and Forecast to 2030 (US$ Million)
10.4 Medical
10.4.1 Overview
10.4.2 Medical Market Revenue and Forecast to 2030 (US$ Million)
10.5 Ballistic Protection
10.5.1 Overview
10.5.2 Ballistic Protection Market Revenue and Forecast to 2030 (US$ Million)
10.6 Lightweight Hybrid Construction
10.6.1 Overview
10.6.2 Lightweight Hybrid Construction Market Revenue and Forecast to 2030 (US$ Million)
10.7 Others
10.7.1 Overview
10.7.2 Others Market Revenue and Forecast to 2030 (US$ Million)
11. Asia Pacific Thermoplastic Adhesive Films Market – Country Analysis
11.1.1 Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts and Analysis - By Countries
11.1.1.1 Thermoplastic Adhesive Films Market Breakdown by Country
11.1.1.2 Australia Thermoplastic Adhesive Films Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.2.1 Australia Thermoplastic Adhesive Films Market Breakdown by Material
11.1.1.2.2 Australia Thermoplastic Adhesive Films Market Breakdown by Technology
11.1.1.2.3 Australia Thermoplastic Adhesive Films Market Breakdown by Application
11.1.1.2.4 Australia Thermoplastic Adhesive Films Market Breakdown by End Use
11.1.1.3 China Thermoplastic Adhesive Films Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.3.1 China Thermoplastic Adhesive Films Market Breakdown by Material
11.1.1.3.2 China Thermoplastic Adhesive Films Market Breakdown by Technology
11.1.1.3.3 China Thermoplastic Adhesive Films Market Breakdown by Application
11.1.1.3.4 China Thermoplastic Adhesive Films Market Breakdown by End Use
11.1.1.4 India Thermoplastic Adhesive Films Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.4.1 India Thermoplastic Adhesive Films Market Breakdown by Material
11.1.1.4.2 India Thermoplastic Adhesive Films Market Breakdown by Technology
11.1.1.4.3 India Thermoplastic Adhesive Films Market Breakdown by Application
11.1.1.4.4 India Thermoplastic Adhesive Films Market Breakdown by End Use
11.1.1.5 Japan Thermoplastic Adhesive Films Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.5.1 Japan Thermoplastic Adhesive Films Market Breakdown by Material
11.1.1.5.2 Japan Thermoplastic Adhesive Films Market Breakdown by Technology
11.1.1.5.3 Japan Thermoplastic Adhesive Films Market Breakdown by Application
11.1.1.5.4 Japan Thermoplastic Adhesive Films Market Breakdown by End Use
11.1.1.6 South Korea Thermoplastic Adhesive Films Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.6.1 South Korea Thermoplastic Adhesive Films Market Breakdown by Material
11.1.1.6.2 South Korea Thermoplastic Adhesive Films Market Breakdown by Technology
11.1.1.6.3 South Korea Thermoplastic Adhesive Films Market Breakdown by Application
11.1.1.6.4 South Korea Thermoplastic Adhesive Films Market Breakdown by End Use
11.1.1.7 Rest of Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts to 2030 (US$ Million)
11.1.1.7.1 Rest of Asia Pacific Thermoplastic Adhesive Films Market Breakdown by Material
11.1.1.7.2 Rest of Asia Pacific Thermoplastic Adhesive Films Market Breakdown by Technology
11.1.1.7.3 Rest of Asia Pacific Thermoplastic Adhesive Films Market Breakdown by Application
11.1.1.7.4 Rest of Asia Pacific Thermoplastic Adhesive Films Market Breakdown by End Use
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Kureha Corp
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 PROTECHNIC SA
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Shanghai Xingxia Polymer Products Co Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 HB Fuller Co
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Covestro AG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Scapa Group Ltd
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 tesa SE
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Fenyang Dingxin Films Technology Co Ltd
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
List of Tables
Table 1. Asia Pacific Thermoplastic Adhesive Films Market Segmentation
Table 2. List of Manufacturers
Table 3. Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million)
Table 4. Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – Material
Table 5. Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – Technology
Table 6. Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – Application
Table 7. Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – End Use
Table 8. Australia Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Material
Table 9. Australia Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Technology
Table 10. Australia Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 11. Australia Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By End Use
Table 12. China Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Material
Table 13. China Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Technology
Table 14. China Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 15. China Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By End Use
Table 16. India Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Material
Table 17. India Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Technology
Table 18. India Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 19. India Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By End Use
Table 20. Japan Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Material
Table 21. Japan Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Technology
Table 22. Japan Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 23. Japan Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By End Use
Table 24. South Korea Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Material
Table 25. South Korea Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Technology
Table 26. South Korea Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 27. South Korea Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By End Use
Table 28. Rest of Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Material
Table 29. Rest of Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Technology
Table 30. Rest of Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By Application
Table 31. Rest of Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million) – By End Use
List of Figures
Figure 1. Asia Pacific Thermoplastic Adhesive Films Market Segmentation, By Country
Figure 2. Porter's Five Forces Analysis
Figure 3. Ecosystem: Thermoplastic Adhesive Films Market
Figure 4. Market Dynamics: Asia Pacific Thermoplastic Adhesive Films Market
Figure 5. Asia Pacific thermoplastic adhesive films market Impact Analysis of Drivers and Restraints
Figure 6. Asia Pacific Thermoplastic Adhesive Films Market Revenue (US$ Million), 2020 – 2030
Figure 7. Asia Pacific Thermoplastic Adhesive Films Market Share (%) – Material, 2022 and 2030
Figure 8. Polyethylene Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Polyamide Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Thermoplastics Polyurethane Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Polyester Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Polypropylene Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Polyolefins Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Copolyamides Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Copolyesters Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Asia Pacific Thermoplastic Adhesive Films Market Share (%) – Technology, 2022 and 2030
Figure 18. Cast Film Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Blown Film Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Asia Pacific Thermoplastic Adhesive Films Market Share (%) – Application, 2022 and 2030
Figure 21. Membrane Films Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Barrier Films Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Blackout Films Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Asia Pacific Thermoplastic Adhesive Films Market Share (%) – End Use, 2022 and 2030
Figure 25. Textile Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Automotive Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. Electrical and Electronics Market Revenue and Forecasts To 2030 (US$ Million)
Figure 28. Medical Market Revenue and Forecasts To 2030 (US$ Million)
Figure 29. Ballistic Protection Market Revenue and Forecasts To 2030 (US$ Million)
Figure 30. Lightweight Hybrid Construction Market Revenue and Forecasts To 2030 (US$ Million)
Figure 31. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 32. Asia Pacific Thermoplastic Adhesive Films Market, by Key Country – Revenue (2022) (US$ Million)
Figure 33. Thermoplastic Adhesive Films Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 34. Australia Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million)
Figure 35. China Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million)
Figure 36. India Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million)
Figure 37. Japan Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million)
Figure 38. South Korea Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million)
Figure 39. Rest of Asia Pacific Thermoplastic Adhesive Films Market Revenue and Forecasts To 2030 (US$ Million)
1. Kureha Corp
2. PROTECHNIC SA
3. Shanghai Xingxia Polymer Products Co Ltd
4. HB Fuller co
5. Covestro AG
6. Scapa Group Ltd
7. tesa SE
8. Fenyang Dingxin Films Technology Co Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific thermoplastic adhesive films market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in Asia Pacific thermoplastic adhesive films market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.