The global optically clear adhesives market size is expected to reach USD 3,218.7 Million in 2028 and register a revenue CAGR of 9.2% over the forecast period, according to latest analysis by Emergen Research.
Some key factors driving steady market revenue growth include rising demand for touchscreen display devices and optical devices among consumers. Optically clear adhesives are preferred adhesives for bonding touch panels, display screens, and in various other applications involving bonding of lens in microscopes, cameras, and prisms. Optically clear adhesives offer a strong bonding on various substrates, including plastics used in smartphones and automotive displays. These adhesives enhance display performance and viewability, as well as aid in lessening loss of light caused by reflection and also to improve contrast ratios.
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The all-inclusive report on the Global Optically Clear Adhesives Market demonstrates that the global Optically Clear Adhesives Market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Optically Clear Adhesives Market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.
Based on the competitive landscape, the market report analyzes the key companies operating in the industry:
Henkel AG & Co. KGaA, DuPont, the 3M Company, LINTEC Corporation, Norland Products Inc., Mitsubishi Chemical Corporation, Nitto Denko Corporation, DELO Industrie Klebstoffe GmbH & Co. KGaA, Dymax Corporation, and Scapa Group PLC.
Emergen Research has segmented the global optically clear adhesives market on the basis of resin type, application, industry vertical, and region:
Resin Type Outlook (Volume, Kilotons; Revenue, USD Million; 2018–2028)
Acrylic
Polyvinyl Acetate
Silicone
Polyurethane
Epoxy
Others
Application Outlook (Volume, Kilotons; Revenue, USD Million; 2018–2028)
Smartphones
Tablets
Signage
Monitors
Automotive Display Screens
Others
Industry Vertical Outlook (Volume, Kilotons; Revenue, USD Million; 2018–2028)
Electrical & Electronics
Automotive
Energy
Aerospace
Others
Key Highlights from the Report
In July 2019, Panacol announced the launch of Vitralit 50004, which is an innovative one-component optically clear adhesive. Vitralit 50004 is a UV-curable adhesive based on acrylic with ultra-low viscosity and finds application for laminating optics and bonding displays.
Silicone is one of the most commonly used resins in optically clear adhesives and is especially ideal for use on substrates that demand high temperature performance, attributed to temperature resistance properties of silicone. Also, silicone-based optically clear adhesives can endure shock, impact, and vibration, while upholding stress resistance.
Among the industry vertical segments, aerospace segment revenue is expected to register a significantly rapid growth rate over forecast period. Optically clear adhesives are used in displays screen in aircraft cockpits to aid in enhanced display performance.
Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.
Detailed Regional Analysis covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Benefits of Buying the Global Optically Clear Adhesives Report:
Comprehensive analysis of the changing competitive landscape
Assists in decision making processes for the businesses along with detailed strategic planning methodologies
The report offers an 8-year forecast and assessment of the Global Optically Clear Adhesives Market
Helps in understanding the key product segments and their estimated growth rate
In-depth analysis of market drivers, restraints, trends, and opportunities
Comprehensive regional analysis of the Global Optically Clear Adhesives Market
Extensive profiling of the key stakeholders of the business sphere
Detailed analysis of the factors influencing the growth of the Global Optically Clear Adhesives Market
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