Optically Clear Adhesives Market Size, Share, Growth Report 2030

Optically Clear Adhesives Market

Optically Clear Adhesives Market By Resin type (epoxy, silicone, polyurethane, polyvinyl acetate, acrylic, and others), By Device structure (flat, edge-curved, and others), By Application (Automotive, outdoor signage, televisions, monitors, tablets, mobile phones, and others), By end-use (electrical & electronics, automotive, aerospace, and others) And By Region: - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts, 2023-2030

Category: Chemical & Materials Report Format : PDF Report Code: ZMR-6605 Status : Upcoming
Market Size in 2022 Market Forecast in 2030 Growth Rate (in %) Base Year
USD 1647.85 Million USD 3104.71 Million CAGR at 8.23%. 2022

Optically Clear Adhesives Market

Description

According to the report published by Zion Market Research, the global Optically Clear Adhesives Market size was valued at USD 1647.85 Million in 2022 and is predicted to reach USD 3104.71 Million by the end of 2030. The market is expected to grow with a CAGR of 8.23% during the forecast period. The report analyzes the global Optically Clear Adhesives Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the High Performance Wheels industry.

Global Optically Clear Adhesives Market SizeRequest Free Sample

Global Optically Clear Adhesives Market: Overview

Optically clear adhesives are nothing but crystal clear adhesives with liquid-based adhesion technology used for bonding visual clear components. Optically clear adhesive is largely used in contact screens and screen equipment to interface the lens, plastic, or other optical materials. The superior optical and mechanical properties of these optically clear adhesives enhance the longevity of advanced displays. A positive attribute of optically clear adhesives made from acrylic-based resins is that they are extremely strong and efficient at bonding multiple layers of objects together. There are extensive applications for optical bonding in electronic equipment, including microfilms and LOCAs — both liquid and non-liquid. They are majorly used in capacitive commercial screens, 3D TV (3D TV), and glass retardants. Further, it enhances the display optical efficiency by eliminating the gap between the cover glass and the LCD. Thus, they find applications in consumer electronics, mobile phones, LCDs, and outdoor digital signage boards, among other areas.

Global Optically Clear Adhesives Market: Growth Factors

The global optically clear adhesives market is growing at a significant rate owing to continuous growth in the consumer electronics industry across the world. Optically clear adhesives are primarily used in the electronics industry in applications for displays and touch screens. Increasing adoption of smartphones and devices by consumers is the major key driving factor for the optically clear adhesives market growth. In addition to this, factors that are fueling the growth of the global market include constant advancement in electronic products such as high-definition LCDs, smartphones and other automobile products. Further, increasing demand from the automotive sector owing to increased use of displays in driver assistance is projected to enhance the demand of the optically clear adhesive market. However, the presence of cost-effective adhesive substitute products in the market is expected to hinder the growth of the global optically clear adhesives market. On the other hand, technological advancement in the electronics & automotive industry and introduction of highly advanced display devices are anticipated to create advantageous opportunities for the global optically clear adhesives market over the forecast period.

Across the world, the current COVID-19 epidemic has been distressing various countries and has unenviably affected the overall adhesive manufacturing industry. The optically clear adhesives market growth is directly dependent on the growing demand from consumer electronics, mobile phones, and others. However, the electronics device market is anticipated to be impacted majorly by the COVID-19 outbreak since China is one of the major suppliers of the raw materials required for manufacturing products along with the finished products. The optically clear adhesives as well as the consumer electronics industry are on the edge of facing a reduction in production, disruption in supply, and price variations. Thus, the manufacturing value chain was been affected during the year 2020. However, ease in government impositions and a surge in demand for optically clear adhesives in consumer electronics are expected to propel the growth of the global market during the forecast period.

Global Optically Clear Adhesives Market: Segmentation

The global optically clear adhesives market is segmented based on resin type, device structure, application, end-use, and region. Based on resin type, the global optically clear adhesives market is split into epoxy, silicone, polyurethane, polyvinyl acetate, acrylic, and others. The device structure segment is bifurcated into flat, edge-curved, and others. Automotive, outdoor signage, televisions, monitors, tablets, mobile phones, and others are the applications of optically clear adhesives. The end-user segment consists of electrical & electronics, automotive, aerospace, and others.

Optically Clear Adhesives Market: Report Scope

Report Attributes Report Details
Report Name Optically Clear Adhesives Market Research Report
Market Size in 2022 USD 1647.85 Million
Market Forecast in 2030 USD 3104.71 Million
Growth Rate CAGR of 8.23%
Number of Pages 178
Key Companies Covered Chase Corporation, Henkel AG & Co. KGAA, Lintec Corporation, Delo Industrial Adhesive LLC, Dow Inc., Dymax Corporation, Nitto Denko Corporation, The 3M Company, Show Denko Corporation, and Tesa SE
Segments Covered By Technology, By Device structure, By Application, By end-use and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Optically Clear Adhesives Market: Regional Analysis

Regionally, Asia Pacific region is anticipated to hold the largest share in the global optically clear adhesives market during the forecast period. The surge in the adoption of new technology in electronics devices from emerging countries such as India and China along with wide developing economics are boosting the growth of the market in this region. Moreover, the presence of a large number of manufacturers and consumers of electronic devices in this region is accelerating the market growth. On the other hand, North America region is anticipated to grow at a faster pace and is projected to offer new opportunities for market growth. Some of the factors that are propelling the growth of the market in this region include rapid growth in demand for smart electronic devices such as mobile phones, laptops, LEDs for personal and professional purposes.

Global Optically Clear Adhesives Market: Competitive Players

  • Chase Corporation
  • Henkel AG & Co. KGAA
  • Lintec Corporation
  • Delo Industrial Adhesive LLC
  • Dow Inc.
  • Dymax Corporation
  • Nitto Denko Corporation
  • The 3M Company
  • Show Denko Corporation
  • Tesa SE

are some of the dominant players that are functioning in the global optically clear adhesives market. The leading players present in the market are focusing on new product launches and enhance their integrity in the market. Furthermore, these manufacturers are investing in partnership & joint ventures and other key strategies to gain a competitive edge in the market.

The global Optically Clear Adhesives Market is segmented as follows:

By Resin type 

  • epoxy
  • silicone 
  • polyurethane 
  • polyvinyl acetate 
  • acrylic
  • others 

By Device structure 

  • flat 
  • edge-curved
  • others 

By Application

  • Automotive 
  • outdoor signage
  • televisions 
  • monitors
  • tablets
  • mobile phones
  • others 

By end-use 

  • electrical & electronics
  • automotive
  • aerospace 
  • others

Global Optically Clear Adhesives Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content

Choose License Type

  • zion payment modes

FrequentlyAsked Questions

The global optically clear adhesives market is growing at a significant rate owing to continuous growth in the consumer electronics industry across the globe. Optically clear adhesives are primarily used in the electronics industry in applications for displays and touch screens. Furthermore, technological advancement in the electronics and automotive industry and introduction of highly advanced display devices are anticipated to offer lucrative opportunities for an optically clear adhesives market in the forecast period.

Chase Corporation, Henkel AG & Co. KGAA, Lintec Corporation, Delo Industrial Adhesive LLC, Dow Inc., Dymax Corporation, Nitto Denko Corporation, The 3M Company, Show Denko Corporation, and Tesa SE are some of the dominant players that are functioning in the global optically clear adhesives market.

Geographically, the Asia Pacific region is anticipated to hold the largest share in the global optically clear adhesives market during the forecast period. The surge in the adoption of new technology in electronics devices from emerging countries such as India and China along with wide developing economics are boosting the growth of the market in this region.

According to study, the global Optically Clear Adhesives Market size was worth around USD 1647.85 Million in 2018 and is predicted to grow to around USD 3104.71 Million.

 

 

The CAGR value of Optically Clear Adhesives Market is expected to be around 8.23% during 2023-2030.

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed