Pre-order Enquiry
Request Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
According to the latest research, the global Optical Bonding Materials market size was valued at USD 2331.83 million in 2022 and is expected to expand at a CAGR of 7.92% during the forecast period, reaching USD 3683.92 million by 2028.
Optical bonding refers to a protective glass that is glued in front of a display to enhance its readability where installed in high humidity outdoor environments. When a normal display is used in an outdoor environment, there are some factors that affect its readability. The most common one is “fog”, or condensation, which forms on the inner surface of display's vandal shield. Another factor is the reflection of sunlight, which causes a mirror-image on the display. Both phenomena can be solved by using optical bonding.
The global consumer electronics industry is developing rapidly
In recent years, the global consumer electronics industry has developed rapidly, the level of technological innovation has been continuously improved, and the scale of the industry has continued to expand. With the development of industries such as consumer electronics and new energy vehicles, their requirements for material performance are constantly improving. Traditional single-function protection and bonding materials have been difficult to meet the complex use environment, and the market demand for functional coating composite materials such as Optical Bonding Materials is increasing. This factor has promoted the development of the Optical Bonding Materials market.
Challenges Brought by the Benefits of Scale of a Comprehensive Product Line
Optical Bonding Materials products are mainly used in consumer electronics products. The industry's characteristics of rapid development of consumer electronics and the continuous introduction of new products have put forward higher access conditions for material suppliers. Suppliers of Optical Bonding Materials need to have certain product solution capabilities. This requires materials companies not only to have strong technology accumulation, new product development capabilities, leading production technology and equipment levels, but also raw material supply chain integration capabilities and innovative resource integration capabilities to meet the ever-evolving needs of the consumer electronics market. This factor has brought certain challenges to the development of the Optical Bonding Materials market.
Increased market competition
The Optical Bonding Materials industry, as a key development of new materials industry, has been affected by the extensive expansion of the market application space in recent years, and the market scale has grown rapidly. The broad market prospects have also received extensive attention from funds and enterprises, and the number and scale of industry participants continue to expand. The Optical Bonding Materials industry is a market-oriented and fully competitive industry, and its products face competition from international and domestic counterparts.
Internationally renowned companies in the Optical Bonding Materials industry are in the first mover position in the competition by virtue of their technical strength and financial advantages. Small business competitors may also participate in market competition by increasing R&D investment and expanding production capacity. If market competition intensifies, it may lead to oversupply and lower product prices, which in turn leads to a decline in industry gross profit margins. Such factors may limit the development of the Optical Bonding Materials market to a certain extent.
Region Overview:
In global comparison, a significant portion of the revenue was generated in China (37% in 2022).
Company Overview:
3M is one of the major players operating in the Optical Bonding Materials market, holding a share of 17.13% in 2023.
3M
3M Co. is a technology company, which manufactures industrial, safety and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment consist of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules.
Mitsubishi Chemical
Mitsubishi Chemical Corporation manufactures chemical products. The Company develops, produces, and sells performance products, health care products, industrial materials, and other chemicals. Mitsubishi Chemical provides services for construction, medical, energy, and petrochemical fields.
Segmentation Overview:
As for product types, the Acrylate segment held the largest market share in 2022.
Application Overview:
The market's largest segment by application is the segment Consumer Electronics, with a market share of 46.5% in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Optical Bonding Materials industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Optical Bonding Materials. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Optical Bonding Materials Market Report Include:
Market Size Estimates: Optical Bonding Materials market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Optical Bonding Materials market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Optical Bonding Materials market
Segment Market Analysis: Optical Bonding Materials market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Optical Bonding Materials market situations and prospects in major and top regions and countries
Optical Bonding Materials Market
Optical Bonding Materials Industry Chain: Optical Bonding Materials market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Optical Bonding Materials Industry News, Policies by regions
Optical Bonding Materials Industry Porters Five Forces Analysis
Key players in the global Optical Bonding Materials market are covered in Chapter 2:
lDexerials Corporation
lMitsubishi Chemical
lEternal Materials
lDymax
lNitto Denko
In Chapter 6 and Chapter 9, on the basis of types, the Optical Bonding Materials market from 2018 to 2028 is primarily split into:
Epoxy
Silicone
Acrylate
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Optical Bonding Materials market from 2018 to 2028 covers:
lConsumer Electronics
lIndustrial Electronics
lAutomotive
lOthers
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Optical Bonding Materials market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Optical Bonding Materials industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Optical Bonding Materials market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Optical Bonding Materials industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Optical Bonding Materials market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Optical Bonding Materials market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Optical Bonding Materials market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Optical bonding refers to a protective glass that is glued in front of a display to enhance its readability where installed in high humidity outdoor environments. When a normal display is used in an outdoor environment, there are some factors that affect its readability. The most common one is “fog”, or condensation, which forms on the inner surface of display's vandal shield. Another factor is the reflection of sunlight, which causes a mirror-image on the display. Both phenomena can be solved by using optical bonding.
The global consumer electronics industry is developing rapidly
In recent years, the global consumer electronics industry has developed rapidly, the level of technological innovation has been continuously improved, and the scale of the industry has continued to expand. With the development of industries such as consumer electronics and new energy vehicles, their requirements for material performance are constantly improving. Traditional single-function protection and bonding materials have been difficult to meet the complex use environment, and the market demand for functional coating composite materials such as Optical Bonding Materials is increasing. This factor has promoted the development of the Optical Bonding Materials market.
Challenges Brought by the Benefits of Scale of a Comprehensive Product Line
Optical Bonding Materials products are mainly used in consumer electronics products. The industry's characteristics of rapid development of consumer electronics and the continuous introduction of new products have put forward higher access conditions for material suppliers. Suppliers of Optical Bonding Materials need to have certain product solution capabilities. This requires materials companies not only to have strong technology accumulation, new product development capabilities, leading production technology and equipment levels, but also raw material supply chain integration capabilities and innovative resource integration capabilities to meet the ever-evolving needs of the consumer electronics market. This factor has brought certain challenges to the development of the Optical Bonding Materials market.
Increased market competition
The Optical Bonding Materials industry, as a key development of new materials industry, has been affected by the extensive expansion of the market application space in recent years, and the market scale has grown rapidly. The broad market prospects have also received extensive attention from funds and enterprises, and the number and scale of industry participants continue to expand. The Optical Bonding Materials industry is a market-oriented and fully competitive industry, and its products face competition from international and domestic counterparts.
Internationally renowned companies in the Optical Bonding Materials industry are in the first mover position in the competition by virtue of their technical strength and financial advantages. Small business competitors may also participate in market competition by increasing R&D investment and expanding production capacity. If market competition intensifies, it may lead to oversupply and lower product prices, which in turn leads to a decline in industry gross profit margins. Such factors may limit the development of the Optical Bonding Materials market to a certain extent.
Region Overview:
In global comparison, a significant portion of the revenue was generated in China (37% in 2022).
Company Overview:
3M is one of the major players operating in the Optical Bonding Materials market, holding a share of 17.13% in 2023.
3M
3M Co. is a technology company, which manufactures industrial, safety and consumer products. It operates through the following segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment consist of personal safety, industrial adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules.
Mitsubishi Chemical
Mitsubishi Chemical Corporation manufactures chemical products. The Company develops, produces, and sells performance products, health care products, industrial materials, and other chemicals. Mitsubishi Chemical provides services for construction, medical, energy, and petrochemical fields.
Segmentation Overview:
As for product types, the Acrylate segment held the largest market share in 2022.
Application Overview:
The market's largest segment by application is the segment Consumer Electronics, with a market share of 46.5% in 2022.
This report elaborates on the market size, market characteristics, and market growth of the Optical Bonding Materials industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Optical Bonding Materials. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Optical Bonding Materials Market Report Include:
Market Size Estimates: Optical Bonding Materials market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Optical Bonding Materials market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Optical Bonding Materials market
Segment Market Analysis: Optical Bonding Materials market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Optical Bonding Materials market situations and prospects in major and top regions and countries
Optical Bonding Materials Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Optical Bonding Materials Industry Chain: Optical Bonding Materials market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Optical Bonding Materials Industry News, Policies by regions
Optical Bonding Materials Industry Porters Five Forces Analysis
Key players in the global Optical Bonding Materials market are covered in Chapter 2:
lDexerials Corporation
lMitsubishi Chemical
lEternal Materials
lDymax
lNitto Denko
In Chapter 6 and Chapter 9, on the basis of types, the Optical Bonding Materials market from 2018 to 2028 is primarily split into:
Epoxy
Silicone
Acrylate
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Optical Bonding Materials market from 2018 to 2028 covers:
lConsumer Electronics
lIndustrial Electronics
lAutomotive
lOthers
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Optical Bonding Materials market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Optical Bonding Materials industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Optical Bonding Materials market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Optical Bonding Materials industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Optical Bonding Materials market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Optical Bonding Materials market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Optical Bonding Materials market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
