Global Adhesive Tapes Market Overview And Prospects
Learn about the global adhesive tapes market through The Business Research Company, which provides information on adhesive tapes market size, adhesive tapes market drivers and restraints, adhesive tapes market players, the COVID-19 impact on the adhesive tapes market, and more.
The global adhesive tapes market is expected to grow from $57.04 billion in 2020 to $61.01 billion in 2021 at a compound annual growth rate (CAGR) of 6.96%.The growth is mainly due to the increased demand for adhesive tapes from end-users like healthcare, electrical & electronics, and automotive industries. The adhesive tapes market is expected to reach $79.83 billion in 2025 at a CAGR of 7.0%.
The growth of the automotive industry and the rapid rise in demand for adhesive tapes from the automotive sector worldwide are expected to drive innovation in adhesive tapes manufacturing, thus driving the market during the forecast period.
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The adhesive tapes market consists of sales of adhesive tapes by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing and selling the adhesive tapes. Adhesive tapes are a combination of a material and an adhesive layer that can be used to join two objects or materials together. It consists of a pressure-sensitive adhesive, which is coated onto a backing material like paper, plastic film, cloth, or metal foil and has removable release liners protecting the adhesive before usage.
Global adhesive tapes market segments include:
By Resin Type: Acrylic, Rubber, Silicone, Others
By Material Type: Polypropylene (PP), Paper, Polyvinyl Chloride (PVC), Others
By Technology Type: Solvent-Based, Hot-Melt Based, Water-Based
By End-Use: Packaging, Consumer And Office, Healthcare, Automotive, Electrical And Electronics, Building And Construction, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the adhesive tapes market in 2020.
The launch of eco-friendly tapes is a key trend in the adhesive tapes market. Several countries around the world have banned the use of toxic materials used in the manufacture of adhesive goods. Increased demand for recyclable tapes has been driven by federal policies as well as a change in end-user emphasis toward environmentally sustainable goods. Many companies are shifting from plastic to bio-degradable materials like paper and cellulose for manufacturing tapes.
TBRC’s adhesive tapes market report covers:
Major Market Players: 3M, Nitto Denko Corporation, Tesa SE, Lintec Corporation, Avery Dennison Corporation, Intertape Polymer Group Inc, Henkel AG, Lohmann GmbH & Co., Scapa Group PLC, DuPont de Nemours Inc., H.B. Fuller Company, Shurtape Technologies LLC, Nichiban Co. Ltd., Advance Tapes International LTD, Ajit Industries Pvt. Ltd, Sekisui Chemical Co. Ltd, American Biltrite, Canadian Technical Tape Ltd, Berry Global Inc, Dewal Industries Inc, Industrias Tuk, Saint Gobain, CMS Group of Companies, and RPM International.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
The Adhesive Tapes Global Market Report 2021: COVID-19 Growth And Change to 2030 is one of a series of new reports from The Business Research Company that provides adhesive tapes market overviews, analyzes and forecasts market size, share, adhesive tapes market players, adhesive tapes market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s adhesive tapes market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Here is a list of similar reports from The Business Research Company:
Adhesives Market 2021
Hot-Melt-Based Adhesives Global Market Report 2021
Solvent-Based Adhesives Global Market Report 2021
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