Europe Optically Clear Adhesive Market – Industry Trends and Forecast to 2030

Europe Optically Clear Adhesive Market, By Type (Acrylic, Polyvinyl Acetate, Silicone, Polyurethane, Epoxy, Others), Adhesive Thickness (Less Than 1MM,1-2 MM,2-3 MM,3-4 MM, 4-5 MM, Others), Substrate (Metal, Glass, ITO Glass, Polyethylene Terephthalate (PET), Polymethyl Methacrylate (PMMA), Poly Carbonate (PC), Others), Application (Mobile Phones, Tablets, Monitors, Television, Outdoor Signage, Automotive, Wearable Devices, Electronic Blackboards, OLED, Others) – Industry Trends and Forecast to 2030.

Europe Optically Clear Adhesive Market Analysis and Size  

Data Bridge Market Research analyses that the Europe optically clear adhesive market which was USD 228.12 million in 2022, would rocket up to USD 805.09 by 2030, and is expected to undergo a CAGR of 10.10% during the forecast period. This indicates that the market value.

“Acrylic” dominates the type segment of the Europe optically clear adhesive market owing to the increasing application in smartphones and tablets. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Europe Optically Clear Adhesive Market Scope and Segmentation

Market Definition

Optically clear adhesive is the bonding technology that is widely used to bind the display devices and touch panels and also to cover lens, or other optic materials such as sensors. They are transparent or colourless substances that allow the entire surface area of a screen of the device to bond properly without any distortion.

Europe Optically Clear Adhesive Market Dynamics

Drivers

• Growing demand for consumer electronics

Use of adhesives in the electronics products  enhance the quality and reliability of the products that the consumer depends on day to day activity. For manufacturers, production of electronics products uses optically clear adhesive for these life-enhancing consumer electronics products which delivers optimized process ability, convenient storage and long-term stability, due to which demand for consumer electronics propelled the demand of the market in the forecast year.  

• Increasing application in smartphones and tablets

The assembly of smartphones and tablets requires different types of adhesives for structural assembly, thermal management, environmental protection, insulation or electrical conductivity. Optically clear adhesive is a crucial part of repair of smartphones and tablets, due to which increasing application in smartphones and tablets is boosting the market growth. .

• Growing automotive industry and shift towards optically clear adhesive in automotive

In the automotive assembly, optically clear adhesive has a wide array including brakes, windshields, wire harnesses and exterior trim, due to which the growing automotive industry and shift towards optically clear adhesive in automotive is propelled the demand for the market in the forecast year.  

Opportunity

• Novel advancement in optical adhesives

Optically clear adhesive is a bonding technology, used for touch panels and display technology to adhere display components. Optically clear adhesive are specialized film adhesives, which provides higher adhesion to various types of transparent substrates. These types of adhesive are used to enhance the brightness and contrast along with improved mechanical and electrical performance of displays. Technology advancements in the field of optically clear adhesive have led to the launch of novel products in the market, which in turn has propelled the demand for optically clear adhesives and will further expand the market's growth rate in the future. 

Restraint/Challenge

• Stringent regulatory policies for adhesives

Chemicals’ regulatory policies include a large number of elements such as regulatory and voluntary measures which include obtaining information regarding the uses and properties of chemical substances used in the adhesive products, policies within companies for determining what type of chemicals are used and how they are used in the product, among others are projected to challenge the market in the forecast period of 2023-2030.

This Europe optically clear adhesive market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the surgical microscopes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

• In June 2022, Dymax Corporation a leading manufacturer of rapid curing materials and services announced a new partnership with Quantum Systems as their sale partner
• In May 2021, Saint – Gobain signed an agreement to strengthen its position with the acquisition of Duraziv, a Romanian group specializing in adhesive productions.

Europe Optically Clear Adhesive Market Scope

The Europe optically clear adhesive market is segmented on the basis of type, adhesive thickness, substrate, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Acrylic
• Polyvinyl Acetate
• Silicone
• Polyurethane
• Epoxy
• Others  

Adhesive Thickness

• Less than 1MM
• 1-2MM
• 2-3MM
• 3-4MM
• 4-5MM
• Others

Substrate

• Metal
• Glass
• ITO Glass
• Polyethylene Terephthalate (PET)
• Polymethyl Methacrylate (PMMA)
• Poly Carbonate (PC)
• Others

Application

• Mobile Phones
• Tablets
• Monitors
• Television
• Outdoor Signage
• Automotive
• Wearable Devices
• Electronic Blackboards
• OLED
• Others

Europe Optically Clear Adhesive Market Regional Analysis/Insights

The Europe optically clear adhesive market is analysed and market size insights and trends are provided by country, type, adhesive thickness, substrate and application as referenced above.

The countries covered in the Europe optically clear adhesive market report are Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe.

Germany dominates the market because of the growing demand for consumer electronics, and increased application in smartphones and tablets.    

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Europe Optically Clear Adhesive Market Growth and New Technology Penetration

The optically clear adhesive market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for surgical microscopes market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the optically clear adhesive market. The data is available for historic period 2010-2020.

Competitive Landscape and Europe Optically Clear Adhesive Market Share Analysis

The optically clear adhesive market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to optically clear adhesive market .

Some of the major players operating in the optically clear adhesive market  are:

• 3M,
• tesa SE - A Beiersdorf Company,
• Henkel AG & Co. KGaA,
• NITTO DENKO CORPORATION,
• DuPONT,
• Saint-Gobain,
• Cyberbond L.L.C,
• Dow,
• LINTEC Corporation,
• Hitachi Chemical Co., Ltd.,
• TORAY ADVANCED FILM CO., LTD.,
• Scapa Group plc,
• Mitsubishi Chemical Corporation,
• Dymax Corporation,
• Permabond LLC,
• Adhesives Research, Inc.,
• DELO Industrie Klebstoffe Gmbh & CO. KGaA