Bonding sheet  are specialized adhesive materials designed to join two surfaces together. They consist of a thin layer of adhesive sandwiched between two protective liners or substrates. These sheets are commonly used in various industries and applications where strong and reliable bonding is required.

Market Analysis

The global bonding sheet market is expected to witness substantial growth due to the combined factors of device miniaturization, advancements in electronic circuit design, and the development of recycled material-based bonding sheets. As the demand for smaller and more efficient electronic and automotive devices continues to rise, the importance of reliable bonding sheets in ensuring optimal performance and durability will remain crucial. Manufacturers and researchers are likely to continue investing in the development of innovative bonding sheet solutions to meet the evolving needs of these industries.

According to a report by SNS Insider, the bonding sheet market reached a valuation of USD 404.46 million in 2022. It is projected to reach USD 760.18 million by 2030, with a compound annual growth rate (CAGR) of 8.2% during the forecast period from 2023 to 2030.

Impact of Recession

Recessions have a profound impact on the market, primarily through decreased demand, price pressures, shifts in product mix, potential limitations on innovation, and changes in customer behavior. Industry participants need to adapt their strategies, closely monitor market dynamics, and identify opportunities for growth even in challenging economic times. By proactively responding to these shifts, companies can position themselves for a stronger recovery and long-term success in the market.

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The Major Key Company Profiles included in Bonding Sheet market study are:

  • Arisawa Manufacturing Co.
  • DuPont
  • NIKKAN INDUSTRIES Co., Ltd.
  • Dexerials Corporation
  • Nitto Denko Corporation
  • Showa Denko Materials Co., Ltd.
  • Toray Industries, Inc.
  • NAMICS Corporation
  • Shin-Etsu Polymer Co., Ltd.

Segmentation Analysis

The polyesters (PET) segment and the automotive segment are poised to dominate the bonding sheet market. The versatility and eco-friendly nature of PET bonding sheets, along with their excellent adhesion properties, make them a preferred choice in various industries. Simultaneously, the automotive sector’s increasing adoption of bonding sheets to enhance vehicle performance and lightweighting initiatives underscores their significance in this segment. As the market evolves, manufacturers are anticipated to focus on product development and innovation to meet the diverse demands of these dominant segments and drive the growth of the market.

The Bonding Sheet Market Segments and Sub-Segments are Listed Below:

By adhesive material:

  • Polyesters (PET)
  • Polyimides (PI)
  • Acrylics
  • Modified Epoxies
  • Others

By adhesive thickness:

  • 12µM (0.5MIL)
  • 25µM (1MIL)
  • 50µM (2MIL)
  • 75µM (3MIL)
  • 100µM (4MIL)

By application:

  • Electronics/Optoelectronics
  • Telecommunication/5G Communication
  • Automotive
  • Building & Construction
  • Others

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Regional Status & Analysis

The Asia-Pacific region has emerged as a dominant contributor to the global bonding sheet market, playing a crucial role in its growth and expansion. One of the key factors driving this trend is the region’s rapidly growing population and urbanization. As more people migrate to urban areas in search of better opportunities, the demand for bonding sheets from the electronics sector has witnessed a significant upsurge. With an increasing number of individuals residing in cities, there has been a corresponding rise in disposable income and improved lifestyle. This has further fueled the demand for bonding sheets in the Asia-Pacific region.

Conclusion

The bonding sheet market is poised for a promising future with favorable prospects. The increasing demand for miniaturized electronic devices, growth in the automotive industry, advancements in manufacturing processes, technological innovations, sustainability considerations, and emerging markets are key drivers that are expected to fuel the market’s growth in the coming years.

Frequently Asked Questions/ Key Reasons to Purchase this Report

> What is the projected outlook for bonding sheet market growth?

Ans- The market for bonding sheets is projected to surpass a value of USD 760.18 million by the year 2030.

>What are the major factors influencing the bonding sheet market?

Ans- Innovations such as conductive adhesives, flexible bonding sheets, and eco-friendly materials are expected to open up new opportunities and drive market growth.

>Who are the leading players in the bonding sheet market?

Ans- Arisawa Manufacturing Co., NAMICS Corporation, NIKKAN INDUSTRIES Co., Ltd., DuPont, Dexerials Corporation, Showa Denko Materials Co., Ltd., Nitto Denko Corporation, Toray Industries, Inc., and Shin-Etsu Polymer Co., Ltd.

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Table of Contents – Major Key Points
1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Bonding Sheet Market segmentation, By adhesive material
9. Global Bonding Sheet Market segmentation, By adhesive thickness
10. Global Bonding Sheet Market segmentation, By application
11. Global Bonding Sheet Market, by region/ country
12. Company profiles
13. Competitive Landscape
14. Conclusion

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