Global bonding sheet market faces several challenges. Manufacturers of bonding sheets are facing rising costs of raw materials like epoxy and other chemicals used in production. Strict environmental regulations around the use of volatile organic compounds pose compliance issues. Substitutes like conductive adhesives also threaten market share.
Market Opportunities: Growing aerospace industry
Growing aerospace industry boosts demand for high strength bonding sheets. Automotive lightweighting trends mean more use of composites that use bonding sheets. Electronic applications are expanding for circuit protection and shielding. New product development in thermally conductive bonding brings the possibility to penetrate existing industries like power electronics.
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