Bonding Sheet Market Poised for Growth, Expected to Hit USD
From GlobeNewswire: 2024-11-08 09:00:00
The Bonding Sheet Market was valued at USD 406.33 Million in 2023, projected to reach USD 777.60 Million by 2032 with a CAGR of 7.48%. Growing demand for lightweight materials in automotive and aerospace industries is fueling market expansion. Innovations in adhesive technologies are driving versatile applications across various sectors.
Polyimides dominated the market in 2023, accounting for 35% of revenue, favored for their thermal stability and mechanical properties. 12µM adhesive thickness held 30% market share, offering a balance of flexibility and strength. Both are crucial for industries like electronics, automotive, and aerospace. Market scope covers key segments, regions, and drivers.
North America led the market in 2023, holding 35% of revenue share due to robust industrial sectors and technological innovation. Asia Pacific is the fastest-growing region driven by automotive and electronics manufacturing. Key players like Henkel, 3M, and Sika AG are advancing bonding solutions to meet industry demands for high-performance materials.
In April 2024, Permabond introduced fast-curing epoxy Permabond ET503 with a fixture time of 6 minutes, providing exceptional strength and durability. DuPont showcased Kalrez custom parts at SEMICON West 2024, featuring innovative seals for semiconductor manufacturing. The market continues to evolve with new products and solutions to meet industry needs. The 50th anniversary of Kalrez celebrates sustainability and high performance. The Bonding Sheet Market Report includes key points like market definition, executive summary, research methodology, and statistical insights. The report covers production capacity, feedstock prices, regulatory impact, environmental metrics, and innovation trends. SNS Insider offers market research and consulting services globally. Services include Go To Market Assessment, Total Addressable Market Assessment, and Competitive Benchmarking. Access the complete report description at the provided link.
Read more at GlobeNewswire: Bonding Sheet Market Poised for Growth, Expected to Hit USD