Bonding Sheet Market by Material (Polyesters, Polyamides, Acrylics, Modified Epoxies, and Others), Application (Electronics, Communication, Automotive, Building & Construction, and Others): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026643 | Pages: 100 | Industry: Chemicals and Materials | Date: Oct 2022 | Type: Global

The market crossed US$ 386 million mark in 2022 and is expected to hit US$ 680 million by 2030, recording a CAGR of 7% during the forecast period.

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Increasing bonding sheets’ usage in designing electronic circuits to drive market growth 

Increasing material’s usage in bonding electronic components on electronic circuits is expected to drive the market growth. In addition, technological advancement in the electronic and semiconductors industry is likely to increase the bonding sheets demand globally. Manufacturers focus toward developing recycled material-based bonding sheets is likely to favor the global bonding sheet market growth.   

Within the report, the market is segmented into material, application, and geography. By material, the market is further segmented into polyesters, polyamides, acrylics, modified epoxies and others. Based on application, the market is segregated into electronics, communication, automotive, building & construction and others. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Rising material’s usage as a fastening application to favor market growth

Bonding sheets are extensively used for fastening the surfaces. Increasing automotive producers’ necessities of designing lightweight vehicle components that uses multi-material adhesive joints is likely to favor the material’s demand during the forecast period. While fixing the smaller vehicle parts, bonding sheets are used as a byproduct of screws. This aspect is expected to support the market growth globally.  

Rising material’s usage in various application areas is offering futuristic market growth opportunities

Bonding sheets are used in various application areas such as electronics, communication, automotive, and building & construction. Technological advancement in the designing processes of electronic circuits is likely to fuel the consumption rate of bonding sheets for circuit manufacturing applications, support the market growth. In addition, rising demand for bonding adhesives in lightweight construction applications is expected to support material’s demand globally. Furthermore, increasing bonding sheets’ demand in fixing broken automotive component is anticipated to favor the market growth.  

Recent strategic developments in bonding sheet market

The bonding sheet market has undergone several significant developments, and a few of these have been mentioned below:

  • In August 2021, Permabond LLC., a global manufacturer of epoxies, acrylics, and polyurethane adhesives launched innovative adhesive sheets for battery bonding applications.
  • In November 2019, Bostik, a French adhesive and sealant products manufacturer launched Born2Bond, a range of engineered sheet adhesive for bonding applications in the industries such as electronics, automotive, medical devices, packaging, and MRO.

The bonding sheet market is driven by several players implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Arisawa Manufacturing Co., DuPont de Nemours, Inc., NIKKAN INDUSTRIES Co., Ltd., Dexerials Corporation, Nitto Denko Corporation are among the prominent players operating in the market.

Target audience for the report:

  • Bonding sheet manufacturers
  • Bonding sheet suppliers
  • Bonding sheet distributors and exporters
  • Chemical industry-related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • End users of bonding sheets
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Material:
    • Polyesters
    • Polyamides
    • Acrylics
    • Modified Epoxies
    • Others
  • Application:
    • Electronics
    • Communication
    • Automotive
    • Building & Construction
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
  • Arisawa Manufacturing Co.
  • DuPont de Nemours, Inc.
  • Dexerials Corporation
  • Nitto Denko Corporation

The List of Companies
- Arisawa Manufacturing Co.
- DuPont de Nemours, Inc.
- Dexerials Corporation
- Nitto Denko Corporation

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