#Automotive Adhesive Tapes (specialty product) Forecast
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Specialty Tapes Market: Current Analysis and Forecast (2021-2027)
A comprehensive overview of the global specialty tapes market is recently added by UnivDatos Market Insights to its humongous database. The report has been aggregated by collecting informative data from various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the specialty tapes markets globally. This report offers a detailed analysis of the latest industry developments and trending factors that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the global specialty tapes market at regional and country levels. The global specialty tapes market is likely to showcase a growth of around 6% during the forecast period.
Market Overview
Specialty tapes are composed of a carrier film, foil, or other flexible material. These tapes are manufactured with high-performance adhesives using carrier materials and are designed for utilization in industries including electrical & electronics, automotive, building & construction, retail & graphics, and healthcare. Further, the trend toward using flatter and micro-electronic devices continues, increasing the application of specialty tapes in the electrical & electronics industry. In addition, the demand for in-vitro diagnostics, hydrophilic films, transdermal drug delivery patches, and oral dissolvable films are driving the specialty tapes market in the healthcare industry, globally. Furthermore, rising construction activities are rising the demand for specialty tapes for mounting window panels and sealing gaps in the window and door panels.
The global specialty tapes market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By backing material, the market is primarily divided into:
Polyvinyl Chloride
Woven/Non-Woven
Paper
Foam
Polypropylene
Others
Among these, the paper held a prominent share in the global specialty tapes market. Paper tapes have excellent adhesion, heat insulation, temperature tolerance, and are environmentally safe, and come in various colors. Further, when compared to other adhesive tapes, these tapes offer more comfort. Moreover, they are thin, flexible, and smooth, making them ideal for vehicle and aviation manufacture, as well as appliance manufacturing, HVAC, and paper and printing applications.
By end-user, the market is primarily divided into:
Electrical & Electronics
Healthcare
Automotive
Paper & Printing
Building & Construction
Others
Among these, healthcare held a prominent share in the global specialty tapes market. The specialty tapes market is rising in healthcare due to the aging population, increased chronic illness incidence, and the high demand for in vitro diagnostics, hydrophilic films, transdermal patches, and oral dissolvable films. Also, the development of products such as disposable infant diapers, feminine hygiene products, and adult incontinence products all use specialty tapes.
Global Specialty Tapes Market Geographical Segmentation Includes:
North America (United States, Canada, Rest of North America)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, Japan, India, Australia, Rest of APAC)
Rest of the World
Asia-Pacific held a prominent share in the specialty tapes market owing to growing industries such as electric & electronics, healthcare, packaging, building and construction, and others. Also, the market growth can be attributed to the expanding automotive industry, in electric vehicles (Evs), specialty tapes are used for covering the gaps and for bonding purposes in the battery. Other prominent applications of such tapes in Evs are motor assembly, insulation, and wire harnessing. Moreover, increasing disposable income and rapid economic growth in the region are increasing the better-quality products, and improving the lifestyle is also fueling the market for specialty tapes.
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Competitive Landscape
The degree of competition among prominent companies has been elaborated by analyzing several leading key players operating globally. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the global specialty tapes market. The major players have been analyzed by using research methodologies for getting insight views on market competition.
Key questions resolved through this analytical market research report include:
What are the latest trends, new patterns, and technological advancements in the global specialty tapes market?
Which factors are influencing the global specialty tapes market over the forecast period?
What are the global challenges, threats, and risks in the global specialty tapes market?
Which factors are propelling and restraining the global specialty tapes market?
What are the demanding global regions of the global specialty tapes market?
What will be the market size in the upcoming years?
What are the crucial market acquisition strategies and policies applied by the companies?
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Duct Tapes, Global Market Size Forecast, Top 10 Companies Rank and Market Share
Duct Tapes Market Summary
According to the new market research report “Global Duct Tapes Market Report 2024-2030”, published by QYResearch, the global Duct Tapes market size is projected to reach USD 3.07 billion by 2030, at a CAGR of 5.0% during the forecast period.
Figure. Global Duct Tapes Market Size (US$ Million), 2019-2030
Figure. Global Duct Tapes Top 10 Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
According to QYResearch Top Players Research Center, the global key manufacturers of Duct Tapes include 3M, Shurtape, Tesa, Berry, Coroplast, Pro Tapes & Specialties, Bolex (Shenzhen) Adhesive, PPM, Intertape, Vibac, etc. In 2023, the global top 10 players had a share approximately 33.0% in terms of revenue.
The global duct tapes market is driven by several factors while facing certain challenges.
Drivers:
Wide Range of Applications: Duct tapes find applications across various industries and sectors, including construction, automotive, electrical, packaging, HVAC (Heating, Ventilation, and Air Conditioning), and DIY (Do-It-Yourself) projects. Their versatility and ability to adhere to a variety of surfaces make them indispensable in many applications, driving market demand.
Convenience and Ease of Use: Duct tapes are known for their ease of use and convenience. They can be torn by hand, require no special tools for application, and provide instant adhesion to most surfaces. This convenience factor makes duct tapes a popular choice for quick repairs, temporary fixes, and emergency situations.
Strength and Durability: Duct tapes are valued for their strength, durability, and resistance to moisture, abrasion, and harsh environmental conditions. They provide reliable bonding and sealing solutions for a wide range of applications, including patching leaks, bundling cables, securing components, and reinforcing structures.
Cost-effectiveness: Duct tapes offer a cost-effective solution for various repair and maintenance tasks compared to alternative adhesive products or mechanical fasteners. Their relatively low cost per unit and high performance make them economically attractive for both consumers and businesses, driving market demand.
Innovation in Product Development: Manufacturers continuously innovate to introduce duct tapes with enhanced features and performance characteristics, such as higher tensile strength, improved adhesion on challenging surfaces, UV resistance, and temperature resistance. These innovations cater to specific application requirements and contribute to market growth.
Challenges:
Competition from Alternative Products: Duct tapes face competition from alternative adhesive products, such as specialty tapes, sealants, adhesives, and mechanical fasteners. The availability of alternative solutions with specific performance attributes or tailored for niche applications may impact market share and demand for duct tapes.
Quality and Performance Variability: Quality and performance may vary among different brands and types of duct tapes, leading to concerns about reliability, longevity, and effectiveness in specific applications. Inconsistent quality or performance failures may erode consumer confidence and affect market growth.
Environmental Concerns: Some duct tapes contain synthetic adhesives and backing materials that may raise environmental concerns related to disposal and recycling. Manufacturers are under pressure to develop eco-friendly alternatives using biodegradable materials or environmentally sustainable production practices to address these concerns and comply with regulations.
Counterfeit Products and Brand Reputation: The proliferation of counterfeit duct tapes in the market poses challenges for legitimate manufacturers in terms of brand reputation, consumer trust, and revenue losses. Counterfeit products may not meet quality standards and performance expectations, jeopardizing consumer safety and confidence in genuine brands.
Regulatory Compliance: Manufacturers must comply with regulatory requirements and standards governing the production, labeling, packaging, and marketing of duct tapes to ensure product safety, quality, and performance. Compliance with regulations such as REACH (Registration, Evaluation, Authorization, and Restriction of Chemicals) and RoHS (Restriction of Hazardous Substances) adds complexity and costs to manufacturing operations.
About The Authors
Yang Min - Lead Author
Email: [email protected]
Yang Min is a market senior analyst specializing in chemical materials. Yangmin has 8 years’ experience in chemical materials market analysis, and focuses on chemical materials and API. He engaged in the development of technology and market reports and is also involved in custom projects.
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Pressure Sensitive Adhesive Tapes Industry: Investigating Market Forces, Competitive Strategies, and Emerging Opportunities
The global pressure sensitive adhesive tapes market size is expected to reach USD 92.45 billion by 2030, expanding at a CAGR of 4.9% from 2022 to 2030, according to a new study by Grand View Research, Inc.This growth can be attributed to the increasing use of pressure sensitive tapes as an optimum alternative to conventional adhesives and fasteners due to the globally rising concerns from the automotive industry to ensure light weighting.
Pressure Sensitive Adhesive Tapes Market Report Highlights
Packaging tapes accounted for the largest revenue share of over 45.0% in 2021 as they are majorly manufactured with plastic as a backing material owing to its easier tearing ability and superior flexibility
The construction segment held a significant revenue share in 2021 owing to robust and durable properties acquired from stronger backing materials
The market demand was boosted owing to the global outbreak of the COVID pandemic in 2020. Consumer shopping trends have switched to online delivery portals for groceries, medicines, and takeaways. This further contributed to the increasing market demand for pressure sensitive adhesive packaging tapes in the global market
The market consists of several global and regional players providing a diversified range of products, thus leading to high competition in the industry. Strategies followed by key players include mergers & acquisitions and vertical integration to gain a competitive edge in the market
Asia Pacific is estimated to register the fastest CAGR from 2022 to 2030 in terms of revenue owing to increasing urban population and rising construction projects
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A surge in the global population coupled with expeditious industrialization and urbanization in the transpiring economies is expected to fuel the construction spending to cater to the demand from the infrastructure sector. This is anticipated to propel the demand for pressure sensitive adhesive tapes in construction applications during the forecast period.
These include specialty tapes used in various applications such as automobile, aerospace, medical, hygiene, and white goods. The raw materials involved in manufacturing this kind of tape include rubber, acrylic, silicone, plastic, and paper. Pressure sensitive adhesive tapes possess various desirable properties such as thinner and lighter material, vibration dampening, noise reduction, and bonding dissimilar surfaces.
Automobile manufacturers are looking for ways to reduce vehicle weight to meet stringent fuel efficiency standards. The use of steel, aluminum, and composites in auto parts bring new bonding challenge for manufacturers. The bonding of these dissimilar materials requires high modulus and a wide temperature range, along with high strength and final curing. Additionally, these tapes are easy to use, hence reducing the effectiveness of traditional bonding methods such as welds and rivets in the vehicle.
There is an increase in demand for pressure sensitive adhesive tapes from the automotive industry for sealing and bonding roof trims and cladding, covering mirror mounting and assembling holes, and carrying out interior placement and enhancement in automobiles. They are also used in electric vehicle batteries owing to their excellent electrical resistance. Pressure sensitive adhesive tapes help improve the speed of the automobile, along with offering better performance in assembly lines than other fastening alternatives.
Pressure sensitive adhesive tapes are more efficient to lower the costs involved when compared to alternative fastening methods. In addition, they are more customizable and require no special tools or any heat, water, and solvent to activate their adherence. Pressure sensitive adhesive sheets allow original equipment manufacturers (OEMs) and automotive converters to manufacture a slimmer vehicle with better long-term reliability. Compared to conventional fasteners, screws, and other components, pressure sensitive adhesive tapes offer good cohesive strength, the ability to be manipulated by hand, wetting, and bond strength that increases with time.
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Tape Technologies Unleashed: Navigating Innovations in the Adhesive Tapes Market for 2023
In the realm of versatile materials, adhesive tapes stand as indispensable solutions catering to a myriad of industries worldwide. As we stride into 2023, the Adhesive Tapes Market continues to witness dynamic shifts, driven by innovation, technological advancements, and diverse industrial applications.
Evolution of Adhesive Tapes:
Adhesive tapes, once considered conventional materials, have transformed into sophisticated products catering to various industries. From standard household applications to critical roles in aerospace, automotive, construction, and healthcare sectors, these tapes offer an array of functionalities, ranging from bonding and sealing to insulating and packaging.
Market Trends and Dynamics:
The Adhesive Tapes Market of 2023 witnesses an amalgamation of evolving trends and market dynamics. Rapid industrialization, coupled with the demand for lightweight and efficient materials, drives the market forward. Innovations in adhesives, backing materials, and surface treatments contribute to enhanced performance, durability, and versatility in applications.
Versatility Across Industries:
The tape market's versatility is evident in its widespread usage across industries. In the automotive sector, tapes play a crucial role in lightweight vehicle assembly and component bonding. Similarly, in healthcare, they aid in wound care, medical device assembly, and sterilization packaging, showcasing their versatility and reliability.
Embracing Sustainability:
Sustainability remains a focal point in the Adhesive Tapes Market. Manufacturers emphasize eco-friendly materials, solvent-free adhesives, and recyclable backing materials to align with global sustainability initiatives, catering to the growing demand for environmentally conscious products.
Technological Innovations:
Technological advancements play a pivotal role in shaping the market landscape. Nanotechnology, smart adhesives, and the integration of innovative materials enhance the performance of adhesive tapes. These innovations address specific industry needs, offering solutions for extreme temperature applications, high-stress environments, and niche requirements.
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Forecasting Future Trajectories:
The future outlook for the Adhesive Tapes Market is promising. Anticipated trends include increased adoption in emerging economies, a shift towards specialty tapes for specific applications, and continuous research focusing on bio-based adhesives and sustainable backing materials.
Conclusion:
In 2023, the Adhesive Tapes Market stands as a cornerstone of modern industrial solutions. Its evolution from basic sticking materials to sophisticated, specialized products mirrors the ever-growing demands across industries. As adhesive tapes continue to evolve, harnessing technological advancements and addressing sustainability concerns, they remain indispensable elements in streamlining processes, enhancing efficiencies, and enabling innovative solutions across a diverse spectrum of applications.
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Wire Harness Tape Market Trends, Share, Competitive Dynamics, Demand - Forecast 2033
The wire harness tape market is a specialized segment within the broader automotive and electrical industries. It involves the manufacturing and supply of adhesive tapes specifically designed for wrapping and protecting wire harnesses, cables, and other electrical components. These tapes play a critical role in securing, insulating, and organizing wires, ensuring the safe and reliable operation of various electrical systems.
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Here's an overview of the wire harness tape market:
Key Applications:
Wire harness tapes are primarily used in the automotive industry for the bundling and protection of electrical wires and cables in vehicles.
They are also employed in other industries, including aerospace, electronics, appliances, and industrial machinery, where wiring harnesses are essential components.
Tape Materials:
Wire harness tapes are typically made from materials like PVC (polyvinyl chloride), cloth, polyester, and specialty films.
Material selection depends on factors such as temperature resistance, abrasion resistance, and flexibility requirements.
Functionality:
These tapes serve several key functions, including securing wires in place, preventing abrasion and chafing, insulating against electrical currents, and providing protection from moisture, dirt, and chemicals.
Types of Wire Harness Tapes:
There are different types of wire harness tapes, including cloth tapes, PVC tapes, non-woven tapes, and specialty tapes designed for specific applications.
Some tapes offer features like flame resistance and high-temperature resistance.
Customization and Branding:
Manufacturers often provide customization options for wire harness tapes, allowing for branding, printing of specifications, and color choices.
Customization can also include variations in tape width and adhesive properties.
Regulatory Compliance:
Wire harness tapes used in automotive and aerospace applications must meet strict industry standards and regulations for safety, durability, and performance.
Market Growth Drivers:
Factors driving the growth of the wire harness tape market include the increasing complexity of electrical systems in vehicles, the expansion of the automotive industry, and the growing adoption of electric vehicles (EVs).
Technological Advancements:
Ongoing innovations include the development of tapes with enhanced durability, improved heat resistance, and easier application methods.
There is also a trend toward eco-friendly and low-VOC (volatile organic compounds) tapes.
Competitive Landscape:
The market includes global adhesive tape manufacturers, specialized suppliers, and regional players catering to specific industries.
Established partnerships with automotive OEMs are common among leading tape manufacturers.
Economic Factors: - Economic conditions, automotive production volumes, and the rate of electrical system upgrades in various industries influence the demand for wire harness tapes.
Impact of Electric Vehicles (EVs): - The growing adoption of electric vehicles is driving the demand for advanced wire harness tapes capable of withstanding the unique demands of EVs.
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India Masking Tape Market Is Estimated To Witness High Growth Owing To Increased Demand For DIY Activities
The global India Masking Tape Market is estimated to be valued at US$ 237.8 Mn in 2022 and is expected to exhibit a CAGR of 4.59% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
A) Market Overview:
Masking tape is a type of pressure-sensitive tape that is easy to tear and has strong adhesive properties. It is widely used in painting and DIY activities as it provides a clean and sharp edge, protecting surfaces from paint bleed and allowing for precise painting. The masking tape market in India is witnessing significant growth due to the rising popularity of DIY activities and increasing demand from the construction and automotive industries. The advantages of masking tape, such as easy application, residue-free removal, and cost-effectiveness, are driving its adoption in various applications.
B) Market key trends:
One key trend in the India masking tape market is the increasing adoption of eco-friendly and biodegradable masking tapes. With growing environmental concerns, consumers are becoming more conscious about using sustainable products. As a result, manufacturers are focusing on developing eco-friendly masking tapes made from renewable resources and using water-based adhesives. These tapes not only offer the same performance as traditional masking tapes but also reduce the environmental impact. For example, 3M India has launched a line of eco-friendly masking tapes made from renewable materials, addressing the growing demand for sustainable solutions in the market.
C) PEST Analysis:
Political: The political stability and favorable government policies in India have created a conducive environment for businesses to thrive. The government's focus on infrastructural development and the Make in India initiative have boosted the construction and manufacturing sectors, driving the demand for masking tapes.
Economic: India's economic growth and increasing disposable income have contributed to the growth of the masking tape market. The rise in urbanization and the growing middle-class population have led to increased investment in housing and infrastructure, fueling the demand for masking tapes.
D) Key Takeaways:
The India Masking Tape Market Size is expected to witness high growth, exhibiting a CAGR of 4.59% over the forecast period. This growth can be attributed to increasing DIY activities and the rising demand from the construction and automotive industries. The advantages of masking tapes, such as clean and sharp edges, cost-effectiveness, and easy application, are driving their adoption in various applications.
The Asia-Pacific region, especially India, is expected to be the fastest-growing and dominating region in the masking tape market. The booming construction sector, rapid urbanization, and government initiatives for infrastructure development are fueling the demand for masking tapes in India.
Key players operating in the India masking tape market include 3M India, Berger Paints (Deon Tapes Industries Private Limited), Nitto Denko India Private Limited, Ajit Industries Private Limited (AIPL), Adhesive Specialties, Shaktiman Packaging Pvt. Ltd., Klingspor India Pvt. Ltd., Sumaxindia, Asian Paints (Scapa Tapes India Pvt Ltd), Pidilite Industries, S.R. Adhesive Tapes, Tesa Tapes India Pvt. Ltd., Lohmann Adhesive Tapes India Pvt. Ltd., Gomec Industries Pvt. Ltd., and Gripking Tapes India Pvt. Ltd. These key players are focusing on product innovation, partnerships, and mergers and acquisitions to stay competitive in the market.
The India masking tape market is witnessing significant growth due to the increasing demand for DIY activities and the rising need for masking tapes in the construction and automotive industries. The adoption of eco-friendly masking tapes and advancements in adhesive technology are key trends shaping the market. With the Asia-Pacific region, especially India, expected to be the fastest-growing region, key players are actively investing in innovation and strategic collaborations to gain a competitive edge in the market.
#India Masking Tape#India Masking Tape Market#India Masking Tape Market Demand#India Masking Tape Market Size#India Masking Tape Market Share#Advanced Materials
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Automotive Adhesive Tape Market – Industry Trends, Key Highlights, size,share
The reliable Automotive Adhesive Tape market research study presents actionable market insights with which sustainable and money-spinning business strategies can be created. Here, market segmentation is performed in detail based on various parameters that include applications, verticals, deployment model, end user, and geography. All the information, facts, and statistics covered in the report lead to actionable ideas, improved decision-making and better deciding business strategies. The business report assists define, describe and forecast the market by type, application and region. With the complete comprehension of business goals and needs to bridge the gap, Automotive Adhesive Tape report is generated which delivers the most suitable solutions.
Furthermore, Automotive Adhesive Tape market report provides superior market perspective in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. The report comprises of estimations of CAGR values which are quite significant and aids businesses to decide upon the investment value over the time period. The market study in this reliable market report also analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors by keeping SWOT analysis and Porter's Five Forces Analysis as a base. An insightful Automotive Adhesive Tape market report assists clients to stay ahead of the time and competition.
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Global Automotive Adhesive Tape Market Scope
The automotive adhesive tape market is segmented on the basis of product, material type, adhesive type, adhesive chemistry, technology and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
· Double-Sided Tapes
· Masking Tapes
· Reinforced Tapes
· Specialty Tapes
Material Type
· Polypropylene
· Polyvinylchloride
· Paper
· Others
Adhesive Type
· Acrylic
· Silicone
· Rubber
· Others
Adhesive Chemistry
· Solvent
· Emulsion
Technology
· Water-Based
· Solvent-Based
· Hot-Melt-Based
Application
· Interior
· Exterior
· Electronics
· Body-in-White
· Powertrains
· Wire Harnessing
· Chassis and Wheels
· Others
Automotive Adhesive Tape Market Share Analysis
The automotive adhesive tape market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive adhesive tape market.
Some of the major players operating in the automotive adhesive tape market are
· Rogers Corporation (U.S.)
· LINTEC Corporation (Japan)
· NITTO DENKO CORPORATION (Japan)
· Adhesives Research, Inc. (U.S.)
· Advance Tapes International (UK)
· Dow (U.S.)
· Ajit Industries Pvt. Ltd. (India)
· The Chemours Company (U.S.)
· 3M (U.S.), H.B. Fuller Company (U.S.)
· RPM International Inc. (U.S.)
· Henkel AG & Co. KGaA (Germany)
· Dupont (U.S.)
· SOLVAY (Belgium)
· American Biltrite (U.S.)
· Berry Global Inc. (U.S.)
· CCT (Coating & Converting Technologies, LLC) (U.S.)
· DAIKIN (Japan)
· Lohmann GmbH & Co. Kg (Germany)
· Saint-Gobain (France)
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Automotive Adhesive Tape Market Regional Analysis/Insights
The automotive adhesive tape market is analyzed and market size insights and trends are provided by country, product, material type, adhesive type, adhesive chemistry, technology and application as referenced above.
The countries covered in the automotive adhesive tape market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the automotive adhesive tape market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the rising urban population and accessibility of low labor at cheap cost.
Europe, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the growing usage of adhesive tapes across several countries and rising development of lightweight and more effective vehicle within the region.
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Adhesive Tapes Market - Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance
The global Adhesive Tapes Market size is projected to grow from USD 60.4 billion in 2020 to USD 79.9 billion by 2025, at a CAGR of 5.7% during the forecast period. Growing use of adhesive tapes in diverse industries, rising urbanized population, and improved healthcare systems are driving the demand for adhesive tapes.
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Browse 211 market data Tables and 69 Figures spread through 265 Pages and in-depth TOC on "Adhesive Tapes Market”.
The healthcare industry is undergoing a rapid transformation and plays a significant role in driving the adhesive tapes market, globally. The major factors driving the market in the healthcare sector are identified as the growth and penetration of the products in this sector in developing countries, along with growth in disposable income, rising number of surgeries & growing number of ambulatory surgery centers, rise in the aging population, improved healthcare systems, and awareness regarding hygiene products. Research institutions and various manufacturers are also taking initiatives and making huge investments in R&D for the technological development of adhesive tapes for healthcare applications and improvement of their properties for use in various other sectors.
The key players of the market include 3M Company (US), tesa SE (Germany), Nitto Denko Corporation (Japan), Lintec Corporation (Japan), Intertape Polymer Group (Canada), Avery Dennison Corporation (US), Lohmann GmbH (Germany), Berry Global Inc. (US), Scapa Group PLC (Canada), and Rogers Corporation (US). New product launches, mergers & acquisitions, and investments & expansions have been the major strategies adopted by the key players between 2018 and 2020, which helped them broaden their customer base.
In line with the rising demand for adhesive tapes, 3M Company offers a broad spectrum of products, including adhesives, bonding materials, coatings, and specialty materials. The company operates through five business segments, namely, industrial, safety & graphics, healthcare, electronics & energy, and consumer. 3M has been working to deliver efficient adhesive tape products to various applications through its industrial business segment. Through the industrial adhesives and tapes segment, 3M offers a comprehensive line of adhesive tapes to meet the challenges within the appliances, aerospace, automotive, construction, MRO, electronics, commercial, transportation, and marine industries.
The company has an extensive portfolio of products for almost every application. In 2019, the company launched upgraded sealing tape, Scotch High Tack Box Sealing Tape 375+, to meet packaging challenges. It ensures high-performance for ecommerce and other shipments and overcoming ineffective box sealing tape challenges. Through the strategy of new product launch, the company is able to cater to the demands of a wide range of industries, especially from APAC. This will boost the growth of the company and, also, its adhesive tapes business, globally.
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The second most active company in the market is tesa SE (Germany). The company operates through two business segments, namely, Direct Industries and Trade Markets. Direct Industries caters to various end-use industries such as automotive, electronics (mobile phones and laptops), paper & printing, building & construction.
The Trade Markets division is further divided into two segments, General Industrial Markets (adhesive solutions for packaging and tapes required during transportation, assembling, and repairing products) and Consumer & Craftsmen (product solutions required for daily use in homes, offices, and crafts). The company has planned to adopt organic and inorganic strategies such as new product launch, investment & expansion, and merger & acquisition in the future, which will surely increase its presence and revenue globally.
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Unsupported Single Coated Tape Market overview, future opportunities, growth analysis, regional demand and forecast 2021-2030 | Berry Plastics, Cantech, American Biltrite, and Shurtape Technologies
Global Unsupported Single Coated Tape Market report from Global Insight Services is the single authoritative source of intelligence on Unsupported Single Coated Tape Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Unsupported single coated tape is a type of adhesive tape that is made up of a single layer of adhesive material. This type of tape is typically used for applications where a high level of adhesion is required, such as in industrial or commercial settings. This type of tape is not typically used in residential or consumer applications due to its strong adhesive properties.
Key Trends
There are a few key trends in unsupported single coated tape technology. One is the trend towards thinner tapes. This is driven by the need for lighter weight packaging, as well as the desire to use less material overall. Another trend is towards higher adhesion levels. This is driven by the need for better bonding between the tape and the substrate, as well as the need for better abrasion resistance. Finally, there is a trend towards more environmentally friendly tapes. This is driven by the need to reduce the impact of packaging on the environment, as well as the desire to use less material overall.
Key Drivers
The key drivers of the Unsupported Single Coated Tape market are the increasing demand for electrical and electronics, the growing construction industry, and the rising demand for automotive. The electrical and electronics industry is growing due to the increasing demand for smartphones, laptops, and other consumer electronics. The construction industry is growing due to the increasing infrastructural development. The automotive industry is growing due to the increasing demand for automobiles.
Restraints & Challenges
The key restraints and challenges in the Unsupported Single Coated Tape market are as follows:
Lack of awareness about the product: There is a lack of awareness about unsupported single coated tape among the consumers which is restraining the growth of the market.
High cost: The cost of unsupported single coated tape is high as compared to the other products available in the market which is restraining the growth of the market.
Limited applications: The applications of unsupported single coated tape are limited which is restraining the growth of the market.
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Market Segments
The unsupported single coated tape market bifurcated on the basis of type, application, and region. On the basis of type, it is segmented into ordinary tape and specialty pressure sensitive tape. By application, it is analyzed across aerospace, medical, automotive, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Key Players
The unsupported single coated tape market report includes players such as Arkema, 3M, Nitto Denko, Scapa, Avery Dennison, DYNAREX, Berry Plastics, Cantech, American Biltrite, and Shurtape Technologies.
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Automotive Adhesive Tapes (specialty product) Market 2020 Competition by Manufacturers, Concentration Rate, Production Volume, Price|Company one, Company two, Company four, Company five, Company six, etc
Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Automotive Adhesive Tapes (specialty product) Market which would mention How the Covid-19 is Affecting the Industry, Market Trends and Potential Opportunities in the COVID-19 Landscape, Key Regions and Proposal for Automotive Adhesive Tapes (specialty product) Market Players to battle Covid-19 Impact.
Automotive Adhesive Tapes (specialty product) Market 2020-2025
The Automotive Adhesive Tapes (specialty product) Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. It offers detailed research and analysis of key aspects of the Automotive Adhesive Tapes (specialty product) market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Automotive Adhesive Tapes (specialty product) market.
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Global Automotive Adhesive Tapes (specialty product) Market: Product Segment Analysis
Aluminum foil butyl rubber tape
Fiberglass backed epoxy structural reinforcement patches
Global Automotive Adhesive Tapes (specialty product) Market: Application Segment Analysis
Automotive acoustics (NVH)
Automotive reinforcement (Woven Fiberglass Tape +epoxy adhesives)
Global Automotive Adhesive Tapes (specialty product)
Our Complimentary Sample Automotive Adhesive Tapes (specialty product) market Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology.
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Regions Covered in the Global Automotive Adhesive Tapes (specialty product) Market:
• The Middle East and Africa (GCC Countries and Egypt)
• North America (the United States, Mexico, and Canada)
• South America (Brazil etc.)
• Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Years Considered to Estimate the Automotive Adhesive Tapes (specialty product) Market Size:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2020-2025
Highlights of the Report:
• Accurate market size and CAGR forecasts for the period 2019-2025
• Identification and in-depth assessment of growth opportunities in key segments and regions
• Detailed company profiling of top players of the global Automotive Adhesive Tapes (specialty product) market
• Exhaustive research on innovation and other trends of the global Automotive Adhesive Tapes (specialty product) market
• Reliable industry value chain and supply chain analysis
• Comprehensive analysis of important growth drivers, restraints, challenges, and growth prospects
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Paper Release Liners Market Insights by 2031 & Covid-19 Analysis | 3M Company, Ahlstrom-Munksjo Oyj, Eastman Chemical Company
Global Paper Release Liners Market report from Global Insight Services is the single authoritative source of intelligence on Paper Release Liners Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A paper release liner is a thin paper sheet that is coated on one or both sides with a release agent. The release agent allows the liner to be easily released from a sticky surface. Release liners are used in a variety of applications, including pressure-sensitive adhesives, labels, and tape.
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Key Trends
The paper release liner industry has seen a few key trends in recent years. One is the move towards lighter weight papers. This is driven by both cost and environmental considerations.
Another trend is the use of more recycled content in paper. This is also driven by cost and environmental concerns.
And finally, there is a trend toward more specialty papers. This is driven by the need for release liners that have specific properties for specific applications.
Key Drivers
The key drivers of Paper Release Liners market are the increasing demand for paper release liners from various end-use industries and the growing preference for paper release liners over other release liners.
The paper release liners market is driven by the increasing demand from various end-use industries such as food & beverage, healthcare, personal care, and others. The paper release liners are widely used in these industries for packaging applications.
Market Segmentation
By Substrate
Poly-coated Paper
Silicone-coated Paper
Glassine
Clay-coated Paper
By Labelling Technology
In-mold
Pressure Sensitive
Adhesive Applied
Sleeving
By Application
Graphic Arts
Labels
Automotive
Others
By Region
North AmericaThe U.S.
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Key Players
3M Company
Ahlstrom-Munksjo Oyj
Eastman Chemical Company
Gascogne Group
Lintec Corporation
Loparex
Mondi Group
Polyplex Corporation Ltd.
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Water-Based Adhesive Specialty Tapes Market – Global Industry Analysis, Size, Share, Growth & Forecast (2022-2028)
Water-Based glue specialty tapes otherwise called water-borne cement is a sort of cement that is made from solvent engineered or regular polymers. They are developed by combining water, polymers, and additives and can be made from natural or man-made materials. They work well on substrates that are porous or not. These glues might be planned as arrangements and are actuated as the water vanishes or is consumed by the substrate. Likewise, they are used in various applications, including paper and bundling, tapes, and names, building and development, and car and transportation, due to their adaptability and fast setting time. Additionally, the healthcare sector makes extensive use of specialty adhesive tapes that are based on water. It is specifically used to cover wounds and incisions in waterproof and surgical tapes. These tapes have antigenic properties, and they grasp onto the skin, gauze, or dressing material.
Due to the variety of essential qualities it possesses, including durability, adaptability, and affordability, the Water-Based Adhesive Specialty Tapes Market is anticipated to expand at a steady rate of approximately 6%. Significant organizations in the market offer water-based cement specialty tapes for buyers inside the auto business for productive, solid assembling processes and tastefully satisfying, sturdy securities. For instance, Bostik SA introduced Aquagrip 3720, a water-based adhesive for interior assembly applications in automobiles, in August 2020.
Access a sample report, which includes figures, graphs, and charts: The market is segmented into acrylic polymer emulsion (APE), polyvinyl acetate (PVA) emulsion, polyurethane dispersion (PUD), vinyl acetate-ethylene (VAE), and styrene-butadiene (sb) latex based on the type of resin. The PVA emulsion classification is to witness higher CAGR before long as it creates clear, hard movies that have great climate opposition and can areas of strength for endure against natural powers, water, oil, oil, and petrol energizes. In addition, PVA emulsions are inexpensive, have a high initial tack, a bond line that is almost invisible, soften at 30–45 °C, and are resistant to biodegradation. Additionally, because of their ease of use and superior adhesion, polyvinyl acetate (PVA) emulsions are frequently utilized as paper and woodwork adhesives. After being repackaged into smaller containers, it is even utilized as an adhesive or glue for household use.
Automotive, electrical and electronics, construction, healthcare, logistics, and electric vehicles are the application-based segments of the market. The medical services classification is to observe critical development during the figure time frame. With the rising rate of ongoing and intense illnesses, wounds, consumes, and other medical problems, the medical care area is developing. It can be used to cover wounds and incisions in waterproof and surgical tapes, among other applications. These tapes also hold tightly to the skin, bandage, or dressing material and have antigenic properties. As a result, the market for water-based adhesive specialty tapes is anticipated to expand in the coming years as a result of a rise in demand for medical products, technological advancements, and increased investment in the healthcare sector.
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For a superior comprehension of the market reception of the water-based glue specialty tapes industry, the market is broke down in light of its overall presence in the nations like North America (U.S., Canada, Rest of North America), Europe (Germany, The Unified Realm, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. During the forecast period, it is anticipated that Asia-Pacific will expand at a substantial CAGR. Because of the popularity for conventional injury care items, for example, dry dressings, emergency treatment packs, and cement gauzes in the district. The region's market is also expanding due to the expanding automotive, healthcare, and electrical and electronics industries, as well as economic expansion and rising disposable income. The market's major players are also contributing to its expansion. For example, in November 2020, Pidilite Ventures, an Indian cements fabricating organization procured Huntsman Enterprise to add serious areas of strength for extremely to the market. In addition, the government is investing in the sector and contributing to its growth. For instance, the size of the Indian healthcare industry is anticipated to reach $372 billion by 2022, according to the National Institution for Transforming India (NITI) Aayog.
A portion of the key part working in the market incorporate 3M Organization, Nitto Denko Enterprise, Tesa SE, LINTEC Enterprise, Shurtape Innovations LLC, Lohmann GmbH and Co. KG, Intertape Polymer Gathering Inc., Ashland Worldwide Possessions Inc., Henkel AG and Co. KGaA, H.B. Fuller Organization.
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Paper Masking Tapes Market Segmentation and Analysis by Recent Trends, consumption by Regional data, Development, Investigation, Growth Forecast 2031
The worldwide paper masking tapes market is supposed to arrive at market valuation of US$ 1.9 Bn continuously 2021, advancing quickly with a CAGR of 5.4% by 2021-2031.
Future Market Insights (FMI) has anticipated the worldwide market worth to add up to US$ 3.2 Bn toward the finish of 2031. Expanding interest for high temperature obstruction paper masking tapes from clients is empowering producers to configuration progressed masking tapes.
Paper masking tapes created to support high temperatures over longer span demonstrate viable across superior execution applications. This will stay a central driver of the paper masking tapes market, empowering development at 5.4% CAGR in light of significant worth somewhere in the range of 2021 and 2031
Flooding reception of cutting edge froth paper masking tapes in different ventures is driving the worldwide market. Paper masking tapes can endure high temperature and are exceptionally intended for application in the car business.
Paper masking tape makers have been reliably improving as far as item advancement to settle industry explicit issues connected with high temperature applications, for example, seep through because of low starting tack, incapability and bother in painting shapes and sporadic surfaces. Their endeavors are supposed to look good for the market.
Key Takeaways from Paper Masking Tapes
The crepe masking tape segment is estimated to represent a dominant market share. It is estimated to create an incremental opportunity of US$ 846.3 Mn during the forecast period.
Demand in automotive aftermarket is expected to accelerate with a CAGR of 6.1%.
Rubber-based adhesive segment is expected to account for more than 36% of sales in the market through the forecast period.
The South Asia paper masking tapes market is projected to register a CAGR of 7.6% during the forecast period.
“Adoption of sustainable and high tensile paper masking tapes that can withstand extreme temperatures and can provide barrier against moisture is expected to increase over the next decade,” said a lead FMI analyst.
Automotive Sector is the Key Driver of Paper Masking Tapes Market
To meet the demand for customers for such a wide range of indoor painting jobs, and tape, manufacturers have developed a multifaceted assortment. The convenient use and affordable pricing of masking tapes with availability of single-sided and double-sided masking tapes is driving the market.
Leading automotive manufacturers and suppliers rely on various adhesive solutions for numerous applications. These include wire harnessing, surface protection, and attachment part mounting. This is creating a demand for masking tapes from the automobile industry.
Paper Masking Tapes Market Landscape
3M Company, Shurtape Technologies LLC, Tesa SE, Saint-Gobain Tape Solutions Europe, Nitto Belgium NV, Advance Tapes International Ltd., PPM Industries S.p.A, Vibac Group S.p.a, Intertape Polymer Group Inc., Berry Global, Inc., Beorol d.o.o, Folsen Tapes, FABO s.p.a., Scapa Industrial, Cintas Adhesivas Ubis, S.A., MBK Tape Solutions, NADCO® Tapes & Labels, Inc., Pro Tapes & Specialties, Inc., Sicad Group and PPI Adhesive Products Limited.
Paper Masking Tapes Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global market for paper masking tapes market by tape type (crepe masking tapes, washi masking tapes, flatback paper masking tapes and kraft paper masking tapes), by distribution professional (aftermarket sales and diy distribution), by adhesive type (rubber-based adhesive, acrylic-based adhesives and hot melt adhesives), by application (painting, plating, abrasive blasting, high temperature application, thermal spraying and general use), by end use (automotive, building and construction, aerospace, general industries and others).
What is the Impact of COVID-19 on Paper Masking Tapes Market?
COVID-19 had adverse impact on the global paper masking tapes market. With lockdown and stringent regulations imposed worldwide manufacturing activities were shut down in the first half of the year 2020.
However, the market is expected to recover in 2021-2022, exhibiting a year-on-year growth of 4.6% in 2021. Besides this, application in the electric automotive will continue fuelling the demand for the paper masking tapes market. A notable change in the market is shift of distribution from traditional to e-commerce medium during COVID-19.
Competitive Landscape
Market players have been reshaping the product to attract consumers. Moreover, manufacturers such as 3M are improving the strength of the product by modifying the overall features, using sustainable adhesive solutions. Manufacturers are diversifying towards various applications in aerospace and automobile to reduce the risk of failure. Besides this, they are focusing on expanding facilities to gain competitive edge.
In October 2021, Tesa Tapes expanded with a complete state-of-art facility in Tennessee, United States to support industrial production.
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The next 10 years to see an innovation-based escalation of the Hot Melt Adhesives Market from 2021 to 2031
As stated by Persistence Market Research (PMR) through its various ‘Chemicals’ domain reports, it is expected – that many rebounding economies in the post Covid-19 era across the globe are bound to grow threefold in the next decade.
The global hot melt adhesives market is anticipated to expand at a CAGR of 6.2% over the forecast period of 2021 and 2031. Significant growth of the packaging industry is boosting demand of hot melt adhesives.
With usage in various applications across industries, demand for hot melt adhesives is anticipated to witness substantial growth over the coming years. Growing industries of furniture and wood work, automotive, footwear, electronics, and many others are significantly impacting the market in a positive outlook. Substantial vehicle production all over the globe is bolstering consumption of hot melt adhesives. Strong development in the electronics industry is also benefiting the industry of hot melt adhesives to a significant extent.
Development in product to decrease hazard generation and comply with stringent regulations enforced by various authorities are some of the key concerns of manufacturers of hot melt adhesives. Key players are focusing on introducing eco-friendly products to cater changing standards and stringent regulations.
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Recent Developments in This Space
Aug 2021: An agreement was signed by Arkema for the acquisition of Ashland’s performance adhesives business, a first-class leader in high-performance adhesives for industrial applications in the United States with a unique and innovative product portfolio.
June 2021: H.B. Fuller announced that it had signed a distribution agreement with Jubilant Agri and Consumer Products Limited (JACPL), a 100% subsidiary of Jubilant Industries Limited, to address growing demand for adhesive applications in the B2B woodworking segment.
Feb 2021: Avery announced an agreement to acquire JDC Solutions, Inc., a Tennessee-based manufacturer of pressure-sensitive specialty tapes, for a purchase price of approximately US$ 24 million, subject to customary adjustments.
April 2019: Beardow & Adams announced that Industrias Plásticas Caute SRL (Inplástica) from Peru and Percat from Uruguay have become Beardow Adams’s latest global partners.
July 2017: H.B. Fuller Company signed an agreement to purchase adhesives company Adecol Ind. Química, Limitada, a highly respected manufacturer of quality adhesive technologies in Brazil.
Key Takeaways from Market Study
The global industry of hot melt adhesives is anticipated to reach a value of US$ 14.84 Bn by the end of 2031.
East Asia is estimated to witness significant growth at 7.1% CAGR over the forecast period.
Packaging solutions are anticipated to remain a key end use and account for a major share in global consumption of hot melt adhesives.
By resin, ethylene vinyl acetate is anticipated to witness year-over-year growth of 5.9% in 2021, and the segment is expected to remain a key resin used in the production of hot melt adhesives.
The U.S. is anticipated to remain a key market for hot melt adhesives owing to the strong presence of end-use industries.
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“The COVID-19 pandemic is expected to significantly impact the global market for hot melt adhesives owing to decrease in demand primarily from the automotive & woodworking sectors,” says a Persistence Market Research analyst.
Competitive Landscape
The global market has been identified as a fairly consolidated space owing to significant presence of key market participants.
Some of the key market players included in the study are 3M, Arkema S.A., Avery Dennison Corporation, Beardow & Adams (Adhesives) Ltd., DOW, HB Fuller Company, Henkel AG & Co. KGaA, Jowat SE, Sika AG, Tex Year Industries Inc., Adtek Malaysia SDN BHD, Buhnen GmbH & Co. Kg, Cherng Tay Technology Co., Ltd., Evonik Industries AG, and others.
Key manufacturers are anticipated to maintain a competitive environment in the global market. Key players are focusing on investing a fair share of their revenue in product development to launch bio-based products to sustain in the long run in this competitive environment.
Conclusion
Growing end-use industries such as packaging solutions, furniture & woodwork, automotive, footwear, textiles, and electronics are boosting the sales volume of hot melt adhesives. This is due to ease of application of these adhesives in several end-use industries.
Polyurethane, ethylene vinyl acetate, and styrene block copolymers are also estimated to remain key resins in the global industry. East Asia is projected to remain one of the fastest-growing markets, whereas, North America is projected to account for a key share in the industry of hot melt adhesives.
3M, Arkema S.A., Avery Dennison, Henkel AG, Evonik Industries, Jowat SE, and DOW are also estimated to remain prominent market participants. Key players are focusing on boosting their market presence through mergers and acquisitions, launching of environment-friendly products, and strengthening their distribution network.
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Persistence Market Research, a research and consulting firm, has published a new market research report on the Global hot melt adhesives market that contains industry analysis of 2016–2020 and opportunity assessment for 2021–2031.
The report provides in-depth analysis of the market through different segments, namely, resin, end use, and region. The report also provides supply and demand trends along with an overview of the parent market.
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Flocking Tape Market Report Till 2028 | Latest Trend, Growth Opportunities & Forecast Analysis
The study on Flocking Tape Market with its type and application sales analysis is very essential for all the decision-makers or strategists operating in this industry. The report is made by analysts with deep industry knowledge and experience. The global, regional, and country annual sales and revenue has been studied for the historical years and estimated for the current year. With the help of analytical tools, primary interviews, and data triangulation the report is enriched with quality data. The qualitative data on the upcoming industry trends with market triggers and risks are covered as a separate section in this comprehensive report.
As understood and analyzed in the global Flocking Tape market report the growth CAGR in the year 2022 to 2028 is showing a promising inclination. The macro and microeconomic conditions are studied and forecast data is anticipated.
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As per this report analysis, the Flocking Tape market is expected to show a CAGR (revenue) of xx% between the forecast years and the global market size can cross USD XX million by the end of 2028, growing from USD XX million in the year 2022. This report specifically covers the global market share (sales as well as revenue) of key companies in the Flocking Tape business, as mentioned in a separate Chapter 3.
Regionally, the Flocking Tape market data is studied under the below-mentioned regions and countries – Americas covering (United States, Canada, Mexico, Brazil), APAC covering (China, Japan, Korea, Southeast Asia, India, Australia), Europe covering (Germany, France, UK, Italy, Russia, Spain), Middle East & Africa covering (Egypt, South Africa, Israel, Turkey, and other GCC Countries).
This research study gives a comprehensive overview of market share and growth opportunities of the Flocking Tape market as per type and application. The report also covers key manufacturers’ profiles with sales and gross margin data.
The key manufacturers covered in this report: Breakdown data in Chapter 3.
Industrias Tapla
Pro Tapes & Specialties
J.V. Converting Company
3M
Dorrie International
Spectro Coating
Aactus
SOOGANG CHEMICAL
PTI GLOBAL PRODUCTS
NICHIBAN
HIMEL
ShangHai Zhenghuan Adhesive Products
Others
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This study considers the Flocking Tape value and volume generated from the sales of the following segments:
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 11.7.
Cotton Material
Fabric Material
Nylon Material
Polyester Material
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 11.8.
Sealing Systems
Automotive Industry
Construction Industry
The latest developments of the industry and the sales channel, manufacturing process along with the manufacturing cost study is covered in the report.
Key Questions Answered –
What will be the Flocking Tape market CAGR and size between 2022-2028?
Who are the top/leading players of the Flocking Tape market?
What changes are expected in the Flocking Tape market in the next six years?
Which are the top product and leading applications of the Flocking Tape market?
What are the leading market drivers and major risks factors for the Flocking Tape market?
Which region/country leads and foresees highest growth in the next six years?
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Water-Based Adhesive Specialty Tapes Market Size and Future Scope
A number of factors such as the booming automotive sector, surging public awareness about the advantages of such tapes, burgeoning demand for medical products, and rapid technological advancements in the healthcare industry, are expected to drive the water-based adhesive specialty tapes market at a CAGR of 6.5% during the forecast period (2020–2030). According to P&S Intelligence, the market was valued at $5,093.2 million in 2020 and it will generate $9,514.9 million revenue by 2030.
The expanding automotive industry is driving the demand for water-based adhesive specialty tapes worldwide. According to the International Organization of Motor Vehicle Manufacturers (OICA), 77,621,582 vehicles were manufactured and 77,971,234 vehicles were sold globally in 2020. In addition, rapid technological developments in the automobile sector and the introduction of new vehicles are also fueling the demand for water-based adhesive specialty tapes. The automotive industry uses water-based adhesive specialty tapes as double-sided tapes, foam tapes, and protection tapes because they are easy to fix and remove.
Besides, the escalating demand for medical products will also support the water-based adhesive specialty tapes market growth globally. These tapes are used as waterproof tapes and surgical tapes for covering wounds and incisions, as they have antigenic properties and can hold tightly onto the bandage, dressing material, or skin. Additionally, the surging inflow of investments in the healthcare sector is also a key contributor to the market growth.
The resin type segment of the water-based adhesive specialty tapes market is classified into vinyl acetate ethylene (VAE) emulsion, styrene butadiene (SB) latex, polyurethane dispersion (PUD), polyvinyl acetate (PVA) emulsion, acrylic polymer emulsion (APE), and others. In 2020, the PVA emulsion category accounted for the largest market share due to the high initial tack, low cost, and good biodegradation resistance of such resins. PVA emulsion adhesives produce hard and clear films that can withstand water, oil, grease, and petroleum fuels and are resistant to weather conditions.
Globally, the Asia-Pacific (APAC) water-based adhesives specialty tapes market generated the highest revenue in 2020, and it is expected to continue this trend throughout the forecast period. This can be credited to the expanding healthcare, electrical and electronics, and automotive industries and surging disposable income of people in the region and the prospering economy of the regional countries. For example, the OICA states that China, India, Japan, and South Korea manufactured 25,225,242 units, 3,394,446 units, 8,067,557 units, and 3,506,774 units of vehicles, respectively, in 2020.
Therefore, the prospering automotive industry and soaring demand for healthcare products are prominent growth drivers of the market.
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