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.
Increasing investment in renewable energy and rising emphasis by governments globally to install photovoltaic panels are factors driving market revenue growth. Photovoltaic cells stacked via mechanical means need optically clear adhesive bonding for improved efficiency as this method enables combination of a varied range of materials with wide ranging bandgaps.
The report offers a comprehensive assessment of recent technological developments, product advancements, current and emerging trends, key statistical data, forecast estimation, and major companies operating in the market. The report covers the impact of the pandemic on the Optically Clear Adhesives industry with a special focus on the affected key segments of the industry. According to our analysts, the market is expected to regain momentum in a post-COVID-19 scenario. The report also analyses key elements such as growth trends, concentration area, business expansion strategies, market reach, and other key features that offer companies insightful data to fortify their position in the Optically Clear Adhesives industry.
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The research study presents an industry-wide summary of the Optically Clear Adhesives market including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The global Optically Clear Adhesives research report is an investigative study of the market that offers key statistical data with regards to market size, market share, revenue growth, and CAGR over the forecast period 2021-2028.
Some 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. Also, it efficiently removes any gaps between the LCD/LED and cover glass, while delivering anti-reflective, anti-smudge, and anti-glare characteristics to the cover glass.
The research report offers in-depth insights into company profiles along with their production values, production capacity, product portfolio, strategic plans such as mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, government and corporate deals, among others. The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry.
Leading Players Profiled in the Report:
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.
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The report on the Optically Clear Adhesives market gives an in-depth statistical analysis to examine the fastest growing sectors in the market while speculating the demand and supply, consumption power, spending capacity and distribution channel globally. The report identifies the overall growth in the import and export and derives the future trends that the industry might witness. The study also applies primary and secondary research methods to assess the annual and financial performance of the top vendors and insights from market leaders. The researcher also discusses the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Optically Clear Adhesives market for the forecast period from 2020 to 2028. The report will empower companies to understand the opportunities, adapt to their consumer demands, needs, and concentrate on their best end-users.
Regional Outlook (Revenue, USD Billion; 2018–2028)
Middle East & Africa
The report analyzes the market based on different categories such as product types, end-user applications, and leading geographical regions. It offers key insights into the factors that are expected to influence the growth of the segments and sub-segments.
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)
Application Outlook (Volume, Kilotons; Revenue, USD Million; 2018–2028)
Automotive Display Screens
Industry Vertical Outlook (Volume, Kilotons; Revenue, USD Million; 2018–2028)
Electrical & Electronics
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Examine the size of the global Optically Clear Adhesives market based on the parameters of value and volume.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Optically Clear Adhesives market.
Explore the underlying dynamics of the global Optically Clear Adhesives market.
Highlight significant trends of the global Optically Clear Adhesives market based on factors including, production, revenue, and sales.
Extensively profile top players of the global Optically Clear Adhesives market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Analyze the performance of different regions and countries in the global Optically Clear Adhesives market.
Forecast the market size and share of all segments and regions in the global landscape.
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