Adhesive Tapes Market was valued at US$ 66.50 Bn. in 2022 and the total Adhesive Tapes revenue is expected to grow at 5.9% from 2023 to 2029, reaching nearly US$ 99.34 Bn.
Adhesive Tapes Market Overview:
The Adhesive Tapes Market research study investigates and analyses the market’s position during the forecast period. It is comprehensive research that focuses on primary and secondary drivers, market dominance, important segments, and geographic analysis. The study also examines noteworthy personalities, big partnerships, mergers, and acquisitions, as well as current innovation and corporate strategy.
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Adhesive Tapes Market Scope:
We looked at the Adhesive Tapes Market from every perspective possible, using both primary and secondary research methods. This increased our understanding of current market dynamics such supply-demand imbalances, pricing trends, product preferences, and customer behaviour. The data is then compiled and assessed using a range of market estimates and data validation processes. Furthermore, we have an in-house data forecasting engine that forecasts market growth until 2027.
Adhesive Tapes Market Segmentation:
The automotive segment is anticipated to expand at a CAGR of 7.8% throughout the course of the forecast period, according to end-use industry. The automobile sector is a large one, made up of several businesses, organizations, and industrial entities that are either directly or indirectly associated with resin and tape producers. These businesses are engaged in the planning, creation, production, assembly, marketing, and sale of various automobiles. According to estimates, this industry might consume between 800,000 and 900,000 square meters of sticky tape. These numerous adhesive tapes are used on a daily basis to join and put together the 2 to 5 kilometers of wires in a new car. A single new vehicle can easily consume up to 50 sticky tapes.
During the projection period, the building and construction segment is anticipated to expand at a CAGR of 7.1%. Industrial adhesive tapes are very useful for constructive bonding in the design or construction industry. It is acceptable to say that industrial tapes are used to hold the majority of the parts of modern buildings together. Then there are countless uses in doors, glass partitions, skyscraper facades, elevators, windows, display windows, and solar components of the structure. Although it is evident that designs, materials, building methods, and other requirements depend on the architect’s vision, adhesive industrial tapes must provide a choice of technological possibilities when it comes to the development of structures. These tapes are renowned for offering the essential flexibility, toughness.
1 Global Adhesive Tapes Market, by Resin (2022-2029)
• Acrylic
• Rubber
• Silicone
• Others
2 Global Adhesive Tapes Market, by Material (2022-2029)
• Polypropylene (PP)
• Paper
• Polyvinyl Chloride (PVC)
• Others
3 Global Adhesive Tapes Market, by Technology (2022-2029)
• Solvent-based
• Hot-Melt based
• Water-based
4 Global Adhesive Tapes Market, by Type (2022-2029)
• Commodity Adhesive Tapes
• Specialty Adhesive Tapes
5 Global Adhesive Tapes Market, by End-Use Industry (2022-2029)
• Packaging
• Electrical & Electronics
• Healthcare
• Automotive
• White Goods
• Paper & Printing
• Building & Construction
• Retail
• Others
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Adhesive Tapes Market Key Players:
Primary and secondary research is used to identify market leaders, and primary and secondary research is utilized to calculate market revenue. In-depth interviews with important thought leaders and industry specialists such as experienced front-line staff, CEOs, and marketing professionals were conducted as part of the core research. Primary research comprised in-depth interviews with prominent thought leaders and industry specialists, such as experienced front-line staff, CEOs, and marketing professionals, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to calculate percentage splits, market shares, growth rates, and worldwide market breakdowns, which are then compared to historical data. The players highlighted in this report are as follows:
• ABI Tape
• Adchem
• ADH Tape
• Adhesives Research
• Advance
• AFTC
• ATP
• Avery-Dennison
• Bagla Group
• Berry Global
• Bolex
• BondTape
• Bron
• Cantech
• Cattie Adhesives
• CCT
• Champion Tape
• Coroplast
• Dewal
• DIC
• Dow
• Essentra
• Fabrico
• Gorilla Glue Company
• Henkel
• Heskins
• Inter Polymer Group (IPG)
• ITC Tapes
• ITW
• Jonson Tapes
• JTape
Regional Analysis:
The study takes an in-depth look at the local industry, using both qualitative and quantitative data. It gives a segment-by-segment overview and forecast of the worldwide Adhesive Tapes market. It also offers market size and forecast estimates for five major regions, including North America, Europe, Asia-Pacific, the Middle East and Africa, and South America, from 2021 to 2027. Each area’s Adhesive Tapes market is further subdivided into regions and segments. The report investigates and forecasts many countries, as well as existing trends and prospects in the field.
COVID-19 Impact Analysis on Adhesive Tapes Market:
We thoroughly researched and analyzed the Global Adhesive Tapes Market Development Strategy post-COVID-19, by corporate strategy analysis, landscape, type, application, and leading countries, which encompasses and analyses the potential of the global Adhesive Tapes industry, providing statistical data on market dynamics, growth factors, major challenges, PORTER analysis, and market entry strategy analysis, opportunities, and forecasts. The major purpose of the research is to offer industrial businesses a strategic analysis of COVID-19’s influence. Simultaneously, this investigation looked into the markets of major countries and highlighted their market potential.
Key Questions Answered in the Adhesive Tapes Market Report are:
- What are the most promising high-growth opportunities in the global Adhesive Tapes sector, as defined by product category, End User, and Region?
- Which Adhesive Tapes market segments will expand the fastest, and why?
- Which areas will expand the fastest, and why?
- What are the primary elements influencing Adhesive Tapes market dynamics? What are the primary drivers and obstacles in the Adhesive Tapes market?
- What are the Adhesive Tapes market’s business risks and dangers?
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