Top Ten Common Prejudices About Polyethylene Naphthalate Market.

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In 2014, the global polyethylene naphthalate market was worth USD 827.0 million, and it is expected to grow at a CAGR of 7.5 percent over the next five years. Because of its improved thermal and barrier properties, such as oxidation resistance, polyethylene naphthalate (PEN) is primarily used in packaging applications. Over the forecast period, rising demand for high-strength photographic films is likely to drive market expansion. polyethylene naphthalate market Because of their higher stiffness modulus, PEN films are a major component of food packaging applications, providing increased barrier properties and enhancing the material's strength. These films are also used to make pressure sensitive tapes and thermal sheets. They are also involved in the protection of solar cells. Forward integration of raw material providers in PEN manufacturing is a feature of the polyethylene naphthalate market. These businesses actively consume raw materials in order to create their products. Con...
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10 Small But Important Things To Observe In Electronics Adhesives Market.

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The market for electronic adhesives is expected to increase at a CAGR of 6.7 percent from USD 3.6 billion in 2020 to USD 4.9 billion in 2025. Because of the rising end-use industries, the worldwide electronic adhesives market is booming. The market is growing because to economic expansion in emerging nations as well as growth in major end-use sectors such computers and servers, communications, consumer electronics, industrial, medical, automotive, commercial aviation, defence, and other transportation industries.

Next-generation wireless 5G infrastructure networks are expected to boost mobile broadband speeds while also providing support for 4K/8K video streaming, virtual reality (VR) or augmented reality (AR), the Internet of Things (IoT), and mission-critical applications. High-performance electronic devices used in these network systems are manufactured and protected using electronic adhesives. The demand for mobile electronic and telecommunication gadgets also drives the market for electronic adhesives.

Between 2020 and 2025, electrically conductive adhesive is expected to be the largest sector of the electronic adhesives market in terms of value. Electrically conductive adhesives are a wonderful alternative to traditional tin-lead solders since they are more efficient and less expensive. Over the projection period, demand for these adhesives is expected to steadily increase. Rapid improvements in technology and end-use applications are to blame for the rise in demand.

During the forecast period, APAC is expected to be the fastest-growing market. The area is made up of countries at various stages of economic growth. The usage of electronic adhesives in numerous end-use industries such as computers and servers, communications, consumer electronics, industrial, medical, automotive, commercial aviation, defence, and other transportation industries is primarily responsible for the region's growth.

The electronic adhesives market is dominated by Henkel AG & Co. KGaA (Germany), H.B. Fuller Company (US), 3M Company (US), tesa SE (Germany), Parker Hannifin Corporation (US), Panacol-Elosol GmbH (Germany), and Meridian Adhesives Group (US).

Henkel (Germany) is a consumer and industrial goods company. The company's segments include adhesive technologies (consumer and industrial adhesives, sealants, and surface treatments), laundry & home care (household cleaning products such as laundry detergent and dishwashing liquid), beauty care (beauty & oral care products such as shampoos, toothpastes, hair colourants, and shower products), and corrugated packaging.

The company's adhesive technologies division is a global leader in the adhesives market, serving a variety of end-use sectors. In this division, the company makes electronic adhesives and sells them under the Loctite name. North America, Latin America, Asia Pacific, Europe, the Middle East, and Africa are all served by Henkel. To preserve its leadership position in the adhesives industry, the company focuses on R&D and investment.

Henkel broke ground on a new production plant in Songdo, South Korea's high-tech industrial hub, in October 2019. The new plant, which will cost more than USD 35 million, will serve as a global production base for Henkel Adhesive Technologies' electronics division. The factory will begin full production in the first quarter of 2022.

H.B. Fuller announced the formation of H.B. Fuller Japan G.K. in March 2019. This move was made to help the company's engineering adhesives business in Japan grow. Engineering adhesives is a division of the corporation that serves the electronics, transportation, renewable energy, aerospace, and medical industries.

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