The Global Adhesives Tapes Market is estimated to reach USD 77.62 Billion by 2027 at a CAGR of 4.3%, predicts forencis research (FSR).
Adhesives tapes can be stated as the adhesive coated fastening taper designed specially to join or adhere two objects together. Adhesives tapes are more preferred options as these are easy to use, and acts a substitute to the conventional fasteners, glue or other method of bonding objects together. Adhesives tapes offers better adhesion with cost effective solution, which finds application across industrial domains.
Market Drivers:
The packaging sector is witnessing upward growth, owing to betterment in shipping methods along with higher adoption of the flexible packaging options. Adhesives tapes in packaging is gaining higher importance owing to its use in sealing the heavy duty goods, which requires higher protection from the external barriers. Increasing usage of adhesives tapes in transportation of perishable goods, temperature and pressure sensitive goods to offer more efficient transit, is further escalating the demand for adhesive tapes. Ongoing demand of the varied adhesive solutions that provides higher protection from the leakage and seeping of the solid goods or fluids, is also increasing the market growth.
Adhesive tapes are used widely in the vehicles to promote adhesion in engine compartment, electrical components, monitor, automotive interior and exterior. In construction, adhesive tapes are used for protecting the joints, sealing application, fixing the flooring material, and for varied purpose in interior and exterior of the building. Growing construction and automotive sector across the globe is pushing the demand for adhesive tapes. Rise in global population, increase in disposable income, higher demand for residential apartment along with betterment in living standard is expected to fuel market growth.
Market Restraints:
The adhesive tapes market growth in mainly hampered owing to the regulation imposed by the regulatory authorities. Restriction related to the use of the chemicals such as toluene, formaldehyde, Di-2-ethylhexyl phthalate owing to health hazards associated with these chemicals impacts the overall tape related business. To avoid this regulation has been imposed by the regulatory bodies. Increasing count of the countries adopting stricter regulation is hindering the market growth.
The report on the adhesives tapes market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
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Base Year for Market Calculation |
2019 |
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Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
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Measured Units |
Value (USD Million) Volume (Million Square Meter) |
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Segments Included |
Type, Resin, Application |
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Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa and South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Adhesives Tapes Market, by Type
Adhesives Tapes Market, by Resin
Adhesives Tapes Market, by Application
Adhesives Tapes Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Soaring Demand from Packaging Sector
4.2.2. Growing Automotive and Construction Sector
4.3 Restraints
4.3.1. Regulation Imposed on the Adhesive Tapes
4.4 Opportunities
4.4.1. Emergence of Recyclable Tapes
4.5 Challenges
4.5.1 Fluctuating Supply of Raw Materials
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 ADHESIVE TAPES MARKET BY TYPE, Market Size in USD Million and Million Square Meter (2019—2027)
6.1 Introduction
6.2 Pressure-sensitive Adhesives (PSAs)
6.3 Heat Activated Tape
6.4 Water Activated Tape
6.5 Self-adhesive Tapes
7 ADHESIVE TAPES MARKET BY RESIN, Market Size in USD Million and Million Square Meters (2019—2027)
7.1 Introduction
7.2 Rubber
7.3 Acyclic
7.4 Silicone
7.5 Urethane
7.6 Others
8 ADHESIVE TAPES MARKET BY APPLICATION, Market Size in USD Million and Million Square Meter (2019—2027)
8.1 Introduction
8.2 Electrical
8.3 Construction
8.4 Medical
8.5 Automotive
8.6 Others
9 ADHESIVE TAPES MARKET BY REGION, Market Size in USD Million and Million Square Meter (2019—2027)
9.1 North America
8.1.1. US
8.1.2. Canada
8.1.3. Mexico
9.2 Europe
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. UK
8.2.5. Rest of Europe
9.3 Asia-Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. South Korea
8.3.5. Rest of Asia-Pacific
9.4 Middle East & Africa
8.4.1. Saudi Arabia
8.4.2. UAE
8.4.3. Rest of Middle East &Africa
9.5 South America
8.5.1. Brazil
8.5.2. Argentina
8.5.3. Rest of South America
10 COMPETITIVE LANDSCAPE
10.1 Introduction
10.2 Market Ranking/Share Analysis of Key Companies
10.3 Company Benchmarking
11 COMPANY PROFILES
11.1 3M
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products/Solutions/Services Offered
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.2 NITTO DENKO CORPORATION
11.3 tesa SE
11.4 Lintec Corporation
11.5 Shurtape Technologies, LLC
11.6 Lohmann GmbH & Co.KG
11.7 Intertape Polymer Group
11.8 Avery Dennison Corporation
11.9 BASF SE
11.10 Other Key Companies
12 APPENDIX
12.1 Key Industry Expert Insights
12.2 Primary Discussion Guide
12.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain