Optic Adhesives Market by Resin Type (Epoxy, Acrylic, Cyanoacrylate, Silicone), Application (Optical Bonding and Assembly, Lens Bonding Cement, and Fiber Optics), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2027
Optic Adhesives Market by Resin Type (Epoxy, Acrylic, Cyanoacrylate, Silicone), Application (Optical Bonding and Assembly, Lens Bonding Cement, and Fiber Optics), and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2027
Abstract
The optic adhesives market is projected to grow from USD 342 Million in 2022 to USD 526 million by 2027, at a CAGR of 9.0% between 2022 and 2027. The restraints related to the use of optic adhesives market is difficulty in availability and shipping of raw materials needed for optic adhesives.
“Cyanoacrylate resin type is estimated to be the largest segment of the optic adhesives market.”
Cyanoacrylate adhesives are famously known as instant adhesives or super glue. They cure quickly without the need for special curing equipment. Instant adhesives excel at temporarily tacking down fibers, components, and boards. Cyanoacrylates achieve fixture strength in just seconds and full strength within 24 hours. For superglue, the esters of cyanoacrylic acid are used, which transform into the actual adhesive in the joint gap through a polymerization reaction.
The curing reaction is initiated through the absorption of moisture from the air on the adhesive and component’s surface. Cyanoacrylates are solvent-free and provide a hard, brittle, crystal-clear bond line. Recent advances in cyanoacrylate optic adhesives include the introduction of the light cure, two-part, and flexible formulations.
“China to gain the maximum market share of optic adhesives in Asia Pacific during the forecast period.”
China is the largest market for optic adhesives in Asia Pacific, factors such as increasing government proposals to improve public infrastructure and rising cash-intensive activities are driving the optic adhesives market in the country. The major industries like manufacturing, electronics, and telecommunication services exports their goods. The spectrum of Chinese goods includes iron, steel, aluminum, textiles, cement, chemicals, toys, electronics, rail cars, ships, aircraft, and others. The industrial environment in China is favorable for the growth of optic adhesives.
Extensive primary interviews have been conducted, and information has been gathered from secondary research to determine and verify the market size of several segments and sub-segments.
Breakdown of Primary Interviews:
•By Company Type: Tier 1 – 46%, Tier 2 – 36%, and Tier 3 – 18%
•By Designation: C Level – 18%, D Level – 27%, and Others – 55%
•By Region: Asia Pacific – 55%, North America – 18%, Europe – 9%, South America-9%, and the Middle East & Africa – 9%
The key companies profiled in this report are Henkel AG & Co. KGAA (Germany), Dymax Corporation (US), and DELO Adhesives (Germany).
Research Coverage:
Optic adhesives Market by Resin Type (Epoxy, Acrylic, Cyanoacrylate, Silicone, and Others), Application (Optical Bonding and Assembly, Lens Bonding Cement, and Fiber Optics) and Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa).
Reasons to Buy the Report
From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
•Market Penetration: Comprehensive information on optic adhesives offered by top players in the market
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market
•Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for optic adhesives across regions
•Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
•Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the market.
Content
Table of Contents
1INTRODUCTION21
1.1STUDY OBJECTIVES21
1.2MARKET DEFINITION21
1.2.1MARKET INCLUSIONS22
1.2.2MARKET EXCLUSIONS22
1.3MARKET SEGMENTATION22
1.3.1REGIONS COVERED23
1.3.2YEARS CONSIDERED23
1.4CURRENCY CONSIDERED24
1.5UNITS CONSIDERED24
1.6STAKEHOLDERS24
2RESEARCH METHODOLOGY25
2.1RESEARCH DATA25
FIGURE 1OPTIC ADHESIVES MARKET: RESEARCH DESIGN25
2.1.1SECONDARY DATA26
2.1.1.1Key data from secondary sources26
2.1.2PRIMARY DATA26
2.1.2.1Key data from primary sources27
2.1.2.2Key industry insights27
2.1.2.3Breakdown of primary interviews28
2.1.2.4Primary data sources28
2.2MARKET SIZE ESTIMATION29
2.2.1BOTTOM-UP APPROACH29
FIGURE 2MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH29
2.2.2TOP-DOWN APPROACH30
FIGURE 3MARKET SIZE ESTIMATION: TOP-DOWN APPROACH30
2.3FACTOR ANALYSIS31
FIGURE 4MAJOR FACTORS RESPONSIBLE FOR GLOBAL RECESSION31
2.4DATA TRIANGULATION31
FIGURE 5OPTIC ADHESIVES MARKET: DATA TRIANGULATION32
2.5ASSUMPTIONS & LIMITATIONS32
TABLE 1RESEARCH ASSUMPTIONS32
TABLE 2RESEARCH LIMITATIONS33
TABLE 3RISK ANALYSIS33
3EXECUTIVE SUMMARY34
TABLE 4OPTIC ADHESIVES MARKET SNAPSHOT, 2021 VS. 202735
FIGURE 6CYANOACRYLATE TO BE LARGEST RESIN TYPE SEGMENT OF OPTIC ADHESIVES MARKET, 2022–202735
FIGURE 7OPTICAL BONDING & ASSEMBLY TO DOMINATE GLOBAL OPTIC ADHESIVES MARKET DURING FORECAST PERIOD36
FIGURE 8ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF OPTIC ADHESIVES MARKET37
4PREMIUM INSIGHTS38
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN OPTIC ADHESIVES MARKET38
FIGURE 9ACRYLIC RESIN OFFERS PROPERTIES THAT DRIVE OPTIC ADHESIVES MARKET38
4.2OPTIC ADHESIVES MARKET, BY RESIN TYPE38
FIGURE 10CYANOACRYLATE TO REMAIN LARGEST RESIN SEGMENT OF OPTIC ADHESIVES MARKET38
4.3OPTIC ADHESIVES MARKET, DEVELOPED VS. DEVELOPING COUNTRIES39
FIGURE 11DEVELOPING COUNTRIES TO GROW FASTER THAN DEVELOPED COUNTRIES39
4.4OPTIC ADHESIVES MARKET IN ASIA PACIFIC, BY APPLICATION AND COUNTRY39
FIGURE 12OPTICAL BONDING & ASSEMBLY AND CHINA ACCOUNTED FOR LARGEST MARKET SHARES IN ASIA PACIFIC IN 202139
4.5OPTIC ADHESIVES MARKET, BY KEY COUNTRY40
FIGURE 13INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD40
5MARKET OVERVIEW41
5.1INTRODUCTION41
5.2MARKET DYNAMICS41
FIGURE 14DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN OPTIC ADHESIVES MARKET41
5.2.1DRIVERS42
5.2.1.1Acrylic resins offer properties that drive optic adhesives market42
5.2.1.2Increasing penetration of smart devices and camera or digital sensors boost demand for optic adhesives42
5.2.2RESTRAINTS42
5.2.2.1Difficulty in raw material availability and shipping42
5.2.2.2Wastage and complications in application process hamper market growth43
5.2.3OPPORTUNITIES43
5.2.3.1Technological innovations and new product development areas in aerospace and medical industries43
5.2.3.2Rapid development and deployment of different internet services, smart sensors, fiber optic-based military weapon systems, and security and surveillance solutions to provide lucrative opportunities43
5.2.4CHALLENGES44
5.2.4.1Toxicity of adhesives causes a possible threat to manufacturers44
5.2.4.2Changes in stress or other environmental conditions may lead to catastrophic failures44
5.3PORTER'S FIVE FORCES ANALYSIS45
TABLE 5OPTIC ADHESIVES MARKET: PORTER'S FIVE FORCES ANALYSIS45
FIGURE 15PORTER'S FIVE FORCES ANALYSIS: OPTIC ADHESIVES MARKET45
5.3.1INTENSITY OF COMPETITIVE RIVALRY46
5.3.2THREAT OF NEW ENTRANTS46
5.3.3THREAT OF SUBSTITUTES46
5.3.4BARGAINING POWER OF BUYERS46
5.3.5BARGAINING POWER OF SUPPLIERS46
5.4VALUE CHAIN ANALYSIS47
FIGURE 16OPTIC ADHESIVES VALUE CHAIN47
5.5MACROECONOMIC INDICATOR ANALYSIS48
5.5.1INTRODUCTION48
5.5.2TRENDS AND FORECAST OF GDP48
TABLE 6TRENDS AND FORECAST OF GDP, PERCENTAGE (%) CHANGE, 2019–202748
5.6INDUSTRY TRENDS49
5.6.1TRENDS IN CAMERA INDUSTRY49
5.6.2TRENDS IN ELECTRONICS INDUSTRY50
5.6.3TRENDS IN OPTICS INDUSTRY50
5.6.4TRENDS IN FIBER INDUSTRY51
5.7GLOBAL SCENARIOS IMPACTING MARKET GROWTH51
5.7.1RUSSIA-UKRAINE WAR51
5.7.2CHINA52
5.7.2.1China’s debt problem52
5.7.2.2Australia-China trade war52
5.7.2.3Environmental commitments53
5.7.3EUROPE53
5.7.3.1Energy crisis in Europe53
5.7.3.2Manpower issues in UK53
6OPTIC ADHESIVES MARKET, BY RESIN TYPE54
6.1INTRODUCTION55
FIGURE 17CYANOACRYLATE TO REMAIN LARGEST RESIN TYPE SEGMENT IN OPTIC ADHESIVES MARKET55
TABLE 7OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)55
TABLE 8OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)56
6.2EPOXY56
6.2.1VAST RANGE OF PROPERTIES OF EPOXIES PROVIDES VERSATILITY TO OPTIC ADHESIVES56
TABLE 9EPOXY OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)56
TABLE 10EPOXY OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)57
6.3CYANOACRYLATE57
6.3.1FAST CURING PROPERTY TO DRIVE CYANOACRYLATE-BASED OPTIC ADHESIVES MARKET57
TABLE 11CYANOACRYLATE OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)57
TABLE 12CYANOACRYLATE OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)58
6.4ACRYLIC58
6.4.1ECO-FRIENDLY RESIN TO OFFER COMPARABLE PERFORMANCE TO EPOXIES58
TABLE 13ACRYLIC OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)58
TABLE 14ACRYLIC OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)59
6.5SILICONE59
6.5.1WATER-RESISTANT OPTIC ADHESIVE59
TABLE 15SILICONE OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)59
TABLE 16SILICONE OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)60
6.6OTHERS60
TABLE 17OTHER OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)60
TABLE 18OTHER OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)61
7OPTIC ADHESIVES MARKET, BY APPLICATION62
7.1INTRODUCTION63
FIGURE 18OPTICAL BONDING & ASSEMBLY SEGMENT DOMINATED OVERALL OPTIC ADHESIVES MARKET IN 2021 (VALUE)63
TABLE 19OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)63
TABLE 20OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)63
7.2OPTICAL BONDING & ASSEMBLY64
7.2.1INCREASED SMART DEVICES PENETRATION TO BOOST CONSUMPTION64
TABLE 21OPTIC ADHESIVES MARKET SIZE IN OPTICAL BONDING & ASSEMBLY APPLICATION, BY REGION, 2020–2027 (USD MILLION)64
TABLE 22OPTIC ADHESIVES MARKET SIZE IN OPTICAL BONDING & ASSEMBLY APPLICATION, BY REGION, 2020–2027 (TON)64
TABLE 23OPTICAL BONDING & ASSEMBLY MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)65
TABLE 24OPTICAL BONDING & ASSEMBLY MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)65
7.2.1.1Camera Lenses65
7.2.1.1.1Photography optics65
TABLE 25CAMERA LENSES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)66
TABLE 26CAMERA LENSES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (TON)66
7.2.1.2Microscopes66
TABLE 27MICROSCOPES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)66
TABLE 28MICROSCOPES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (TON)67
7.2.1.3Camera Modules67
7.2.1.3.1AR lenses67
7.2.1.3.2Smartphones67
TABLE 29CAMERA MODULES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)68
TABLE 30CAMERA MODULES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (TON)68
7.2.1.4Others68
TABLE 31OTHERS: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)69
TABLE 32OTHERS: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (TON)69
7.3LENS BONDING CEMENT69
7.3.1SUPERIOR PROPERTIES OF LENS BONDING CEMENT TO INCREASE OPTIC ADHESIVES MARKET69
TABLE 33OPTIC ADHESIVES MARKET SIZE IN LENS BONDING CEMENT APPLICATION, BY REGION, 2020–2027 (USD MILLION)70
TABLE 34OPTIC ADHESIVES MARKET SIZE IN LENS BONDING CEMENT APPLICATION, BY REGION, 2020–2027 (TON)70
7.4FIBER OPTICS70
7.4.1DIFFERENT TECHNOLOGIES TO BOOST OPTIC ADHESIVES MARKET IN FIBER OPTICS APPLICATION70
TABLE 35OPTIC ADHESIVES MARKET SIZE IN FIBER OPTICS APPLICATION, BY REGION, 2020–2027 (USD MILLION)71
TABLE 36OPTIC ADHESIVES MARKET SIZE IN FIBER OPTICS APPLICATION, BY REGION, 2020–2027 (TON)71
7.5OTHERS71
TABLE 37OPTIC ADHESIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2020–2027 (USD MILLION)72
TABLE 38OPTIC ADHESIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2020–2027 (TON)72
8OPTIC ADHESIVES MARKET, BY REGION73
8.1INTRODUCTION74
8.1.1RECESSION IMPACT ON GLOBAL ECONOMY74
FIGURE 19ASIA PACIFIC TO BE FASTEST-GROWING OPTIC ADHESIVES MARKET75
TABLE 39OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)75
TABLE 40OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)75
8.2NORTH AMERICA76
FIGURE 20NORTH AMERICA: OPTIC ADHESIVES MARKET SNAPSHOT77
TABLE 41NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)77
TABLE 42NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)78
TABLE 43NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)78
TABLE 44NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)78
TABLE 45NORTH AMERICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)79
TABLE 46NORTH AMERICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)79
TABLE 47NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)79
TABLE 48NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (TON)79
8.2.1US80
8.2.1.1Increasing demand from camera & fiber optics industry to drive optic adhesives market80
8.2.2CANADA80
8.2.2.1Growing investment in network infrastructure to boost demand for optic adhesives80
8.2.3MEXICO81
8.2.3.1Increasing penetration of smart screens and internet to drive optic adhesives market81
8.3EUROPE82
FIGURE 21EUROPE: OPTIC ADHESIVES MARKET SNAPSHOT82
TABLE 49EUROPE: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)83
TABLE 50EUROPE: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)83
TABLE 51EUROPE: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)83
TABLE 52EUROPE: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)84
TABLE 53EUROPE: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)84
TABLE 54EUROPE: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)84
TABLE 55EUROPE: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)85
TABLE 56EUROPE: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (TON)85
8.3.1GERMANY86
8.3.1.1Adoption of IoT, especially in manufacturing and automotive industries, to increase demand for optic adhesives86
8.3.2FRANCE86
8.3.2.1Favorable government initiatives to promote optic adhesives market86
8.3.3UK87
8.3.3.1Presence of telecom service and fiber optic providers to boost optic adhesives market87
8.3.4ITALY87
8.3.4.1Increasing adoption of FTTH broadband to offer lucrative opportunities for optic adhesive manufacturers87
8.3.5SPAIN88
8.3.5.1Rapid commercialization of 5G services to foster optic adhesives market growth88
8.3.6TURKEY88
8.3.6.1Growing network infrastructure to provide lucrative opportunities for optic adhesives market88
8.3.7IRELAND89
8.3.7.1Increasing requirement of camera modules to boost optic adhesives market89
8.3.8REST OF EUROPE89
8.4ASIA PACIFIC90
FIGURE 22ASIA PACIFIC: OPTIC ADHESIVES MARKET SNAPSHOT91
TABLE 57ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)91
TABLE 58ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)92
TABLE 59ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)92
TABLE 60ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)92
TABLE 61ASIA PACIFIC: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)93
TABLE 62ASIA PACIFIC: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)93
TABLE 63ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)93
TABLE 64ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (TON)94
8.4.1CHINA94
8.4.1.1Substantial investments by telecom operators and government to boost optic adhesives market94
8.4.2INDIA95
8.4.2.1Government initiatives to increase broadband connectivity across rural areas to support optic adhesives market expansion95
8.4.3JAPAN95
8.4.3.1Presence of well-established fiber optics industry boosts demand for optic adhesives95
8.4.4SOUTH KOREA96
8.4.4.1Proliferation of smart factories to boost optic adhesives market growth96
8.4.5REST OF ASIA PACIFIC96
8.5SOUTH AMERICA97
FIGURE 23SOUTH AMERICA: OPTIC ADHESIVES MARKET SNAPSHOT97
TABLE 65SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)97
TABLE 66SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)98
TABLE 67SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)98
TABLE 68SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)98
TABLE 69SOUTH AMERICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)99
TABLE 70SOUTH AMERICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)99
TABLE 71SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)99
TABLE 72SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (TON)99
8.5.1BRAZIL100
8.5.1.1Rising deployment of fiber optic solutions across Brazil to foster optic adhesives market growth100
8.5.2REST OF SOUTH AMERICA100
8.6MIDDLE EAST & AFRICA100
FIGURE 24MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SNAPSHOT101
TABLE 73MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)101
TABLE 74MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)101
TABLE 75MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)102
TABLE 76MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)102
TABLE 77MIDDLE EAST & AFRICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)102
TABLE 78MIDDLE EAST & AFRICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)103
TABLE 79MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)103
TABLE 80MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (TON)103
8.6.1SOUTH AFRICA104
8.6.1.1Government policies to develop manufacturing industries to drive optic adhesives market in telecommunications industry104
8.6.2UAE104
8.6.2.1Increase in infrastructural spending to drive optic adhesives market growth104
8.6.3REST OF MIDDLE EAST & AFRICA104
9COMPETITIVE LANDSCAPE105
9.1INTRODUCTION105
TABLE 81OVERVIEW OF STRATEGIES ADOPTED BY KEY OPTIC ADHESIVE PLAYERS105
9.2COMPANY EVALUATION QUADRANT MATRIX: DEFINITIONS AND METHODOLOGY, 2021105
9.2.1STARS105
9.2.2EMERGING LEADERS105
9.2.3PERVASIVE PLAYERS106
9.2.4PARTICIPANTS106
FIGURE 25OPTIC ADHESIVES MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2021106
9.3STRENGTH OF PRODUCT PORTFOLIO107
FIGURE 26STRENGTH OF PRODUCT PORTFOLIO107
9.4MARKET SHARE ANALYSIS107
FIGURE 27MARKET SHARE, BY KEY PLAYERS (2021)107
9.5MARKET RANKING ANALYSIS108
TABLE 82MARKET RANKING ANALYSIS, 2021108
9.6COMPETITIVE SITUATION AND TRENDS108
TABLE 83OPTIC ADHESIVES MARKET: PRODUCT LAUNCHES, 2017–2022108
10COMPANY PROFILES109
10.1MAJOR PLAYERS109
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
10.1.1HENKEL AG & CO. KGAA109
TABLE 84HENKEL AG & CO. KGAA: COMPANY OVERVIEW109
FIGURE 28HENKEL AG & CO. KGAA: COMPANY SNAPSHOT110
TABLE 85HENKEL AG & CO. KGAA: PRODUCT LAUNCHES111
10.1.2DYMAX CORPORATION113
TABLE 86DYMAX CORPORATION: COMPANY OVERVIEW113
10.1.3DELO ADHESIVES115
TABLE 87DELO ADHESIVES: COMPANY OVERVIEW115
10.1.4H.B. FULLER COMPANY117
TABLE 88H.B. FULLER COMPANY: COMPANY OVERVIEW117
FIGURE 29H.B. FULLER COMPANY: COMPANY SNAPSHOT117
10.1.5PARSON ADHESIVES INDIA PRIVATE LIMITED119
TABLE 89PARSON ADHESIVES INDIA PRIVATE LIMITED: COMPANY OVERVIEW119
10.1.6THE DOW CHEMICAL COMPANY120
TABLE 90THE DOW CHEMICAL COMPANY: COMPANY OVERVIEW120
FIGURE 30THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT120
10.1.73M COMPANY122
TABLE 913M COMPANY: COMPANY OVERVIEW122
FIGURE 313M COMPANY: COMPANY SNAPSHOT123
10.1.8PANACOL-ELOSOL GMBH124
TABLE 92PANACOL-ELOSOL GMBH: COMPANY OVERVIEW124
10.1.9DIC CORPORATION125
TABLE 93DIC CORPORATION: COMPANY OVERVIEW125
FIGURE 32DIC CORPORATION: COMPANY SNAPSHOT126
10.1.10MASTER BOND INC.127
TABLE 94MASTER BOND INC.: COMPANY OVERVIEW127
10.1.11THREEBOND INTERNATIONAL, INC.129
TABLE 95THREEBOND INTERNATIONAL, INC.: COMPANY OVERVIEW129
10.1.12CHEMITECH, INC.130
TABLE 96CHEMITECH, INC.: COMPANY OVERVIEW130
10.1.13DENKA COMPANY LIMITED131
TABLE 97DENKA COMPANY LIMITED: COMPANY OVERVIEW131
10.1.14SUNRISE CO., LTD.132
TABLE 98SUNRISE CO., LTD.: COMPANY OVERVIEW132
10.1.15KYORITSU CHEMICAL & CO., LTD.133
TABLE 99KYORITSU CHEMICAL & CO., LTD.: COMPANY OVERVIEW133
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
11APPENDIX134
11.1DISCUSSION GUIDE134
11.2KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL136
11.3CUSTOMIZATION OPTIONS138
11.4RELATED REPORTS138
11.5AUTHORS DETAILS139
“Cyanoacrylate resin type is estimated to be the largest segment of the optic adhesives market.”
Cyanoacrylate adhesives are famously known as instant adhesives or super glue. They cure quickly without the need for special curing equipment. Instant adhesives excel at temporarily tacking down fibers, components, and boards. Cyanoacrylates achieve fixture strength in just seconds and full strength within 24 hours. For superglue, the esters of cyanoacrylic acid are used, which transform into the actual adhesive in the joint gap through a polymerization reaction.
The curing reaction is initiated through the absorption of moisture from the air on the adhesive and component’s surface. Cyanoacrylates are solvent-free and provide a hard, brittle, crystal-clear bond line. Recent advances in cyanoacrylate optic adhesives include the introduction of the light cure, two-part, and flexible formulations.
“China to gain the maximum market share of optic adhesives in Asia Pacific during the forecast period.”
China is the largest market for optic adhesives in Asia Pacific, factors such as increasing government proposals to improve public infrastructure and rising cash-intensive activities are driving the optic adhesives market in the country. The major industries like manufacturing, electronics, and telecommunication services exports their goods. The spectrum of Chinese goods includes iron, steel, aluminum, textiles, cement, chemicals, toys, electronics, rail cars, ships, aircraft, and others. The industrial environment in China is favorable for the growth of optic adhesives.
Extensive primary interviews have been conducted, and information has been gathered from secondary research to determine and verify the market size of several segments and sub-segments.
Breakdown of Primary Interviews:
•By Company Type: Tier 1 – 46%, Tier 2 – 36%, and Tier 3 – 18%
•By Designation: C Level – 18%, D Level – 27%, and Others – 55%
•By Region: Asia Pacific – 55%, North America – 18%, Europe – 9%, South America-9%, and the Middle East & Africa – 9%
The key companies profiled in this report are Henkel AG & Co. KGAA (Germany), Dymax Corporation (US), and DELO Adhesives (Germany).
Research Coverage:
Optic adhesives Market by Resin Type (Epoxy, Acrylic, Cyanoacrylate, Silicone, and Others), Application (Optical Bonding and Assembly, Lens Bonding Cement, and Fiber Optics) and Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa).
Reasons to Buy the Report
From an insight perspective, this research report focuses on various levels of analyses — industry analysis (industry trends), market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
•Market Penetration: Comprehensive information on optic adhesives offered by top players in the market
•Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the market
•Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the market for optic adhesives across regions
•Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market
•Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the market.
1INTRODUCTION21
1.1STUDY OBJECTIVES21
1.2MARKET DEFINITION21
1.2.1MARKET INCLUSIONS22
1.2.2MARKET EXCLUSIONS22
1.3MARKET SEGMENTATION22
1.3.1REGIONS COVERED23
1.3.2YEARS CONSIDERED23
1.4CURRENCY CONSIDERED24
1.5UNITS CONSIDERED24
1.6STAKEHOLDERS24
2RESEARCH METHODOLOGY25
2.1RESEARCH DATA25
FIGURE 1OPTIC ADHESIVES MARKET: RESEARCH DESIGN25
2.1.1SECONDARY DATA26
2.1.1.1Key data from secondary sources26
2.1.2PRIMARY DATA26
2.1.2.1Key data from primary sources27
2.1.2.2Key industry insights27
2.1.2.3Breakdown of primary interviews28
2.1.2.4Primary data sources28
2.2MARKET SIZE ESTIMATION29
2.2.1BOTTOM-UP APPROACH29
FIGURE 2MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH29
2.2.2TOP-DOWN APPROACH30
FIGURE 3MARKET SIZE ESTIMATION: TOP-DOWN APPROACH30
2.3FACTOR ANALYSIS31
FIGURE 4MAJOR FACTORS RESPONSIBLE FOR GLOBAL RECESSION31
2.4DATA TRIANGULATION31
FIGURE 5OPTIC ADHESIVES MARKET: DATA TRIANGULATION32
2.5ASSUMPTIONS & LIMITATIONS32
TABLE 1RESEARCH ASSUMPTIONS32
TABLE 2RESEARCH LIMITATIONS33
TABLE 3RISK ANALYSIS33
3EXECUTIVE SUMMARY34
TABLE 4OPTIC ADHESIVES MARKET SNAPSHOT, 2021 VS. 202735
FIGURE 6CYANOACRYLATE TO BE LARGEST RESIN TYPE SEGMENT OF OPTIC ADHESIVES MARKET, 2022–202735
FIGURE 7OPTICAL BONDING & ASSEMBLY TO DOMINATE GLOBAL OPTIC ADHESIVES MARKET DURING FORECAST PERIOD36
FIGURE 8ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE OF OPTIC ADHESIVES MARKET37
4PREMIUM INSIGHTS38
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN OPTIC ADHESIVES MARKET38
FIGURE 9ACRYLIC RESIN OFFERS PROPERTIES THAT DRIVE OPTIC ADHESIVES MARKET38
4.2OPTIC ADHESIVES MARKET, BY RESIN TYPE38
FIGURE 10CYANOACRYLATE TO REMAIN LARGEST RESIN SEGMENT OF OPTIC ADHESIVES MARKET38
4.3OPTIC ADHESIVES MARKET, DEVELOPED VS. DEVELOPING COUNTRIES39
FIGURE 11DEVELOPING COUNTRIES TO GROW FASTER THAN DEVELOPED COUNTRIES39
4.4OPTIC ADHESIVES MARKET IN ASIA PACIFIC, BY APPLICATION AND COUNTRY39
FIGURE 12OPTICAL BONDING & ASSEMBLY AND CHINA ACCOUNTED FOR LARGEST MARKET SHARES IN ASIA PACIFIC IN 202139
4.5OPTIC ADHESIVES MARKET, BY KEY COUNTRY40
FIGURE 13INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD40
5MARKET OVERVIEW41
5.1INTRODUCTION41
5.2MARKET DYNAMICS41
FIGURE 14DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN OPTIC ADHESIVES MARKET41
5.2.1DRIVERS42
5.2.1.1Acrylic resins offer properties that drive optic adhesives market42
5.2.1.2Increasing penetration of smart devices and camera or digital sensors boost demand for optic adhesives42
5.2.2RESTRAINTS42
5.2.2.1Difficulty in raw material availability and shipping42
5.2.2.2Wastage and complications in application process hamper market growth43
5.2.3OPPORTUNITIES43
5.2.3.1Technological innovations and new product development areas in aerospace and medical industries43
5.2.3.2Rapid development and deployment of different internet services, smart sensors, fiber optic-based military weapon systems, and security and surveillance solutions to provide lucrative opportunities43
5.2.4CHALLENGES44
5.2.4.1Toxicity of adhesives causes a possible threat to manufacturers44
5.2.4.2Changes in stress or other environmental conditions may lead to catastrophic failures44
5.3PORTER'S FIVE FORCES ANALYSIS45
TABLE 5OPTIC ADHESIVES MARKET: PORTER'S FIVE FORCES ANALYSIS45
FIGURE 15PORTER'S FIVE FORCES ANALYSIS: OPTIC ADHESIVES MARKET45
5.3.1INTENSITY OF COMPETITIVE RIVALRY46
5.3.2THREAT OF NEW ENTRANTS46
5.3.3THREAT OF SUBSTITUTES46
5.3.4BARGAINING POWER OF BUYERS46
5.3.5BARGAINING POWER OF SUPPLIERS46
5.4VALUE CHAIN ANALYSIS47
FIGURE 16OPTIC ADHESIVES VALUE CHAIN47
5.5MACROECONOMIC INDICATOR ANALYSIS48
5.5.1INTRODUCTION48
5.5.2TRENDS AND FORECAST OF GDP48
TABLE 6TRENDS AND FORECAST OF GDP, PERCENTAGE (%) CHANGE, 2019–202748
5.6INDUSTRY TRENDS49
5.6.1TRENDS IN CAMERA INDUSTRY49
5.6.2TRENDS IN ELECTRONICS INDUSTRY50
5.6.3TRENDS IN OPTICS INDUSTRY50
5.6.4TRENDS IN FIBER INDUSTRY51
5.7GLOBAL SCENARIOS IMPACTING MARKET GROWTH51
5.7.1RUSSIA-UKRAINE WAR51
5.7.2CHINA52
5.7.2.1China’s debt problem52
5.7.2.2Australia-China trade war52
5.7.2.3Environmental commitments53
5.7.3EUROPE53
5.7.3.1Energy crisis in Europe53
5.7.3.2Manpower issues in UK53
6OPTIC ADHESIVES MARKET, BY RESIN TYPE54
6.1INTRODUCTION55
FIGURE 17CYANOACRYLATE TO REMAIN LARGEST RESIN TYPE SEGMENT IN OPTIC ADHESIVES MARKET55
TABLE 7OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)55
TABLE 8OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)56
6.2EPOXY56
6.2.1VAST RANGE OF PROPERTIES OF EPOXIES PROVIDES VERSATILITY TO OPTIC ADHESIVES56
TABLE 9EPOXY OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)56
TABLE 10EPOXY OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)57
6.3CYANOACRYLATE57
6.3.1FAST CURING PROPERTY TO DRIVE CYANOACRYLATE-BASED OPTIC ADHESIVES MARKET57
TABLE 11CYANOACRYLATE OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)57
TABLE 12CYANOACRYLATE OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)58
6.4ACRYLIC58
6.4.1ECO-FRIENDLY RESIN TO OFFER COMPARABLE PERFORMANCE TO EPOXIES58
TABLE 13ACRYLIC OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)58
TABLE 14ACRYLIC OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)59
6.5SILICONE59
6.5.1WATER-RESISTANT OPTIC ADHESIVE59
TABLE 15SILICONE OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)59
TABLE 16SILICONE OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)60
6.6OTHERS60
TABLE 17OTHER OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)60
TABLE 18OTHER OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)61
7OPTIC ADHESIVES MARKET, BY APPLICATION62
7.1INTRODUCTION63
FIGURE 18OPTICAL BONDING & ASSEMBLY SEGMENT DOMINATED OVERALL OPTIC ADHESIVES MARKET IN 2021 (VALUE)63
TABLE 19OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)63
TABLE 20OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)63
7.2OPTICAL BONDING & ASSEMBLY64
7.2.1INCREASED SMART DEVICES PENETRATION TO BOOST CONSUMPTION64
TABLE 21OPTIC ADHESIVES MARKET SIZE IN OPTICAL BONDING & ASSEMBLY APPLICATION, BY REGION, 2020–2027 (USD MILLION)64
TABLE 22OPTIC ADHESIVES MARKET SIZE IN OPTICAL BONDING & ASSEMBLY APPLICATION, BY REGION, 2020–2027 (TON)64
TABLE 23OPTICAL BONDING & ASSEMBLY MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)65
TABLE 24OPTICAL BONDING & ASSEMBLY MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)65
7.2.1.1Camera Lenses65
7.2.1.1.1Photography optics65
TABLE 25CAMERA LENSES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)66
TABLE 26CAMERA LENSES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (TON)66
7.2.1.2Microscopes66
TABLE 27MICROSCOPES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)66
TABLE 28MICROSCOPES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (TON)67
7.2.1.3Camera Modules67
7.2.1.3.1AR lenses67
7.2.1.3.2Smartphones67
TABLE 29CAMERA MODULES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)68
TABLE 30CAMERA MODULES: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (TON)68
7.2.1.4Others68
TABLE 31OTHERS: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)69
TABLE 32OTHERS: OPTICAL BONDING & ASSEMBLY SUB-APPLICATION MARKET SIZE, BY REGION, 2020–2027 (TON)69
7.3LENS BONDING CEMENT69
7.3.1SUPERIOR PROPERTIES OF LENS BONDING CEMENT TO INCREASE OPTIC ADHESIVES MARKET69
TABLE 33OPTIC ADHESIVES MARKET SIZE IN LENS BONDING CEMENT APPLICATION, BY REGION, 2020–2027 (USD MILLION)70
TABLE 34OPTIC ADHESIVES MARKET SIZE IN LENS BONDING CEMENT APPLICATION, BY REGION, 2020–2027 (TON)70
7.4FIBER OPTICS70
7.4.1DIFFERENT TECHNOLOGIES TO BOOST OPTIC ADHESIVES MARKET IN FIBER OPTICS APPLICATION70
TABLE 35OPTIC ADHESIVES MARKET SIZE IN FIBER OPTICS APPLICATION, BY REGION, 2020–2027 (USD MILLION)71
TABLE 36OPTIC ADHESIVES MARKET SIZE IN FIBER OPTICS APPLICATION, BY REGION, 2020–2027 (TON)71
7.5OTHERS71
TABLE 37OPTIC ADHESIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2020–2027 (USD MILLION)72
TABLE 38OPTIC ADHESIVES MARKET SIZE IN OTHER APPLICATIONS, BY REGION, 2020–2027 (TON)72
8OPTIC ADHESIVES MARKET, BY REGION73
8.1INTRODUCTION74
8.1.1RECESSION IMPACT ON GLOBAL ECONOMY74
FIGURE 19ASIA PACIFIC TO BE FASTEST-GROWING OPTIC ADHESIVES MARKET75
TABLE 39OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)75
TABLE 40OPTIC ADHESIVES MARKET SIZE, BY REGION, 2020–2027 (TON)75
8.2NORTH AMERICA76
FIGURE 20NORTH AMERICA: OPTIC ADHESIVES MARKET SNAPSHOT77
TABLE 41NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)77
TABLE 42NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)78
TABLE 43NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)78
TABLE 44NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)78
TABLE 45NORTH AMERICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)79
TABLE 46NORTH AMERICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)79
TABLE 47NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)79
TABLE 48NORTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (TON)79
8.2.1US80
8.2.1.1Increasing demand from camera & fiber optics industry to drive optic adhesives market80
8.2.2CANADA80
8.2.2.1Growing investment in network infrastructure to boost demand for optic adhesives80
8.2.3MEXICO81
8.2.3.1Increasing penetration of smart screens and internet to drive optic adhesives market81
8.3EUROPE82
FIGURE 21EUROPE: OPTIC ADHESIVES MARKET SNAPSHOT82
TABLE 49EUROPE: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)83
TABLE 50EUROPE: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)83
TABLE 51EUROPE: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)83
TABLE 52EUROPE: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)84
TABLE 53EUROPE: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)84
TABLE 54EUROPE: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)84
TABLE 55EUROPE: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)85
TABLE 56EUROPE: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (TON)85
8.3.1GERMANY86
8.3.1.1Adoption of IoT, especially in manufacturing and automotive industries, to increase demand for optic adhesives86
8.3.2FRANCE86
8.3.2.1Favorable government initiatives to promote optic adhesives market86
8.3.3UK87
8.3.3.1Presence of telecom service and fiber optic providers to boost optic adhesives market87
8.3.4ITALY87
8.3.4.1Increasing adoption of FTTH broadband to offer lucrative opportunities for optic adhesive manufacturers87
8.3.5SPAIN88
8.3.5.1Rapid commercialization of 5G services to foster optic adhesives market growth88
8.3.6TURKEY88
8.3.6.1Growing network infrastructure to provide lucrative opportunities for optic adhesives market88
8.3.7IRELAND89
8.3.7.1Increasing requirement of camera modules to boost optic adhesives market89
8.3.8REST OF EUROPE89
8.4ASIA PACIFIC90
FIGURE 22ASIA PACIFIC: OPTIC ADHESIVES MARKET SNAPSHOT91
TABLE 57ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)91
TABLE 58ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)92
TABLE 59ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)92
TABLE 60ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)92
TABLE 61ASIA PACIFIC: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)93
TABLE 62ASIA PACIFIC: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)93
TABLE 63ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)93
TABLE 64ASIA PACIFIC: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (TON)94
8.4.1CHINA94
8.4.1.1Substantial investments by telecom operators and government to boost optic adhesives market94
8.4.2INDIA95
8.4.2.1Government initiatives to increase broadband connectivity across rural areas to support optic adhesives market expansion95
8.4.3JAPAN95
8.4.3.1Presence of well-established fiber optics industry boosts demand for optic adhesives95
8.4.4SOUTH KOREA96
8.4.4.1Proliferation of smart factories to boost optic adhesives market growth96
8.4.5REST OF ASIA PACIFIC96
8.5SOUTH AMERICA97
FIGURE 23SOUTH AMERICA: OPTIC ADHESIVES MARKET SNAPSHOT97
TABLE 65SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)97
TABLE 66SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)98
TABLE 67SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)98
TABLE 68SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)98
TABLE 69SOUTH AMERICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)99
TABLE 70SOUTH AMERICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)99
TABLE 71SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)99
TABLE 72SOUTH AMERICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (TON)99
8.5.1BRAZIL100
8.5.1.1Rising deployment of fiber optic solutions across Brazil to foster optic adhesives market growth100
8.5.2REST OF SOUTH AMERICA100
8.6MIDDLE EAST & AFRICA100
FIGURE 24MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SNAPSHOT101
TABLE 73MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (USD MILLION)101
TABLE 74MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY RESIN TYPE, 2020–2027 (TON)101
TABLE 75MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (USD MILLION)102
TABLE 76MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY APPLICATION, 2020–2027 (TON)102
TABLE 77MIDDLE EAST & AFRICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (USD MILLION)102
TABLE 78MIDDLE EAST & AFRICA: OPTICAL BONDING & ASSEMBLY APPLICATION MARKET SIZE, BY SUB-APPLICATION, 2020–2027 (TON)103
TABLE 79MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (USD MILLION)103
TABLE 80MIDDLE EAST & AFRICA: OPTIC ADHESIVES MARKET SIZE, BY COUNTRY, 2020–2027 (TON)103
8.6.1SOUTH AFRICA104
8.6.1.1Government policies to develop manufacturing industries to drive optic adhesives market in telecommunications industry104
8.6.2UAE104
8.6.2.1Increase in infrastructural spending to drive optic adhesives market growth104
8.6.3REST OF MIDDLE EAST & AFRICA104
9COMPETITIVE LANDSCAPE105
9.1INTRODUCTION105
TABLE 81OVERVIEW OF STRATEGIES ADOPTED BY KEY OPTIC ADHESIVE PLAYERS105
9.2COMPANY EVALUATION QUADRANT MATRIX: DEFINITIONS AND METHODOLOGY, 2021105
9.2.1STARS105
9.2.2EMERGING LEADERS105
9.2.3PERVASIVE PLAYERS106
9.2.4PARTICIPANTS106
FIGURE 25OPTIC ADHESIVES MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2021106
9.3STRENGTH OF PRODUCT PORTFOLIO107
FIGURE 26STRENGTH OF PRODUCT PORTFOLIO107
9.4MARKET SHARE ANALYSIS107
FIGURE 27MARKET SHARE, BY KEY PLAYERS (2021)107
9.5MARKET RANKING ANALYSIS108
TABLE 82MARKET RANKING ANALYSIS, 2021108
9.6COMPETITIVE SITUATION AND TRENDS108
TABLE 83OPTIC ADHESIVES MARKET: PRODUCT LAUNCHES, 2017–2022108
10COMPANY PROFILES109
10.1MAJOR PLAYERS109
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
10.1.1HENKEL AG & CO. KGAA109
TABLE 84HENKEL AG & CO. KGAA: COMPANY OVERVIEW109
FIGURE 28HENKEL AG & CO. KGAA: COMPANY SNAPSHOT110
TABLE 85HENKEL AG & CO. KGAA: PRODUCT LAUNCHES111
10.1.2DYMAX CORPORATION113
TABLE 86DYMAX CORPORATION: COMPANY OVERVIEW113
10.1.3DELO ADHESIVES115
TABLE 87DELO ADHESIVES: COMPANY OVERVIEW115
10.1.4H.B. FULLER COMPANY117
TABLE 88H.B. FULLER COMPANY: COMPANY OVERVIEW117
FIGURE 29H.B. FULLER COMPANY: COMPANY SNAPSHOT117
10.1.5PARSON ADHESIVES INDIA PRIVATE LIMITED119
TABLE 89PARSON ADHESIVES INDIA PRIVATE LIMITED: COMPANY OVERVIEW119
10.1.6THE DOW CHEMICAL COMPANY120
TABLE 90THE DOW CHEMICAL COMPANY: COMPANY OVERVIEW120
FIGURE 30THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT120
10.1.73M COMPANY122
TABLE 913M COMPANY: COMPANY OVERVIEW122
FIGURE 313M COMPANY: COMPANY SNAPSHOT123
10.1.8PANACOL-ELOSOL GMBH124
TABLE 92PANACOL-ELOSOL GMBH: COMPANY OVERVIEW124
10.1.9DIC CORPORATION125
TABLE 93DIC CORPORATION: COMPANY OVERVIEW125
FIGURE 32DIC CORPORATION: COMPANY SNAPSHOT126
10.1.10MASTER BOND INC.127
TABLE 94MASTER BOND INC.: COMPANY OVERVIEW127
10.1.11THREEBOND INTERNATIONAL, INC.129
TABLE 95THREEBOND INTERNATIONAL, INC.: COMPANY OVERVIEW129
10.1.12CHEMITECH, INC.130
TABLE 96CHEMITECH, INC.: COMPANY OVERVIEW130
10.1.13DENKA COMPANY LIMITED131
TABLE 97DENKA COMPANY LIMITED: COMPANY OVERVIEW131
10.1.14SUNRISE CO., LTD.132
TABLE 98SUNRISE CO., LTD.: COMPANY OVERVIEW132
10.1.15KYORITSU CHEMICAL & CO., LTD.133
TABLE 99KYORITSU CHEMICAL & CO., LTD.: COMPANY OVERVIEW133
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
11APPENDIX134
11.1DISCUSSION GUIDE134
11.2KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL136
11.3CUSTOMIZATION OPTIONS138
11.4RELATED REPORTS138
11.5AUTHORS DETAILS139
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