Bonding sheets are widely used insulating materials in the electrical and electronics industry owing to their excellent dielectric and mechanical properties. Bonding sheets find applications in PCB laminates, switchgears, insulators, and capacitors among others. They help improve the performance and reliability of electronic components owing to their heat dispersion properties. Furthermore, bonding sheets allow for slim and compact product designs.
Key Takeaways
Key players operating in the global bonding sheet market are Von Roll, Hitachi Chemical, Kyocera, Nikkan Industries, Ajinomoto Fine-Techno, Taiyo Holdings, Sheffield Plastics, Yeu Ming Tai Chemical, Showa Denko, and Rogers Corporation.
Secondly, growing adoption of electric vehicles and increasing demand for consumer electronics offer significant growth opportunities for bonding sheet manufacturers. Miniaturization of devices has further augmented the use of bonding sheets.
Furthermore, Bonding Sheet Market Size manufacturers are focusing on expanding their operations in emerging economies through partnerships, collaborations and acquisitions. The Asia Pacific region, led by China, South Korea, and Japan, dominates the global bonding sheet market owing to presence of a robust electronics manufacturing base in these countries.
Market Drivers
The rapidly increasing demand for consumer electronics such as smartphones, laptops, tablets along with the proliferation of IoT devices is the major factor driving the growth of the global bonding sheet market. The electrical and electronics industry accounted for over 60% of the global bonding sheet consumption in 2024. Furthermore, growth of the automotive electronics industry with rising electrification of vehicles will continue to propel the demand for bonding sheets going forward.
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