Increasing applications in the healthcare, electronics, packaging and automotive industries are all driving the market for adhesive films.
July 1, 2015
The global adhesive films market was valued at $9.7 billion in 2013 and is expected to reach $14.45 billion by 2020, expanding at a compound annual growth rate (CAGR) of 6% during the forecast period, according to Transparency Market Research's "Adhesive Films Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020."
Polyolefin polymers have been an important part of daily life for variety of applications since the reported lab-scale process by Carothers in the 1930s1 and commercial process introduction by ICI in the 1940s.
Solvents have traditionally been derived from petroleum. These petroleum-based solvents are now being replaced by bio-based solvents, derived from renewable feedstocks such as corn, soybeans and orange peels.
Meter/mix systems vary immensely from application to application. Adhesive or sealant resin formulations can vary as well—by chemistry, viscosity, filler content, handling time, and moisture sensitivity, as well as other critical performance factors engineered by the material supplier.
As a response to the multiple definitions of hazard—and multiple ways of communicating these hazards—the United Nations adopted the Globally Harmonized System for Classification and Labeling of Chemicals (GHS) in 2003.