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Showing posts with the label Optically Clear Adhesive Market

Asia-Pacific emerged as the global leader in the global optically clear adhesive market

According to a new report published by Allied Market Research, titled, " Optically Clear Adhesive Market , by Type of Resin and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025," the global optically clear adhesive market was valued at $1,228.95 million in 2017, and is projected to reach $2,391.43 million by 2025, registering a CAGR of 8.6% from 2018 to 2025. The market in Asia-Pacific accounted for nearly half of the global share, due to the presence of dynamic consumer electronic economy, such as Taiwan, and largest electronics industry base, such as Japan. The optical adhesive market has witnessed significant growth in the recent years, due to the introduction of advanced displays. These adhesives are used to bind optical components together or to an optical system. The optical adhesive segment accounted for smaller share in the overall adhesive market for which growth was drastic as a result of transformation in the electronics markets. Base...