All updated as on -
At a CAGR of 7.5% from 2023 to 2030, the global adhesive tapes market is projected to grow to $95.9 billion by 2030.
When pressure is applied to an adhesive tape, the tape adheres to the surface on which it is stuck. They're useful for a wide range of tasks, from repairs to bundling to packaging to sealing. Adhesive tapes are commonly used for packaging and sealing boxes, cartons, and shipments. They provide a secure seal, which is helpful for preventing the contents from shifting around during storage and travel. Adhesive tapes have several purposes in the car industry, from securing trim pieces and emblems to mending minor damage and dampening vibration.
Market Effects of COVID-19 on Adhesive Tapes Around the World
Global trade restrictions and lockdown measures impacted the availability of components and raw materials used in adhesive tape production, disrupting supply chains. As a result, production slowed and costs went up for manufacturers. As a result of the pandemic, demand for sticky tapes differed amongst sectors. Some sectors, such as healthcare, e-commerce, and packaging, observed a rise in demand for sticky tapes due to operational issues and reduced activity. Manufacturing, construction, and the automobile industry, on the other hand, all saw demand decrease. The epidemic highlighted the importance of consistent, high-quality products. Improved adhesion strength, durability, and resistance to severe conditions are just some of the performance attributes that producers in the adhesive tapes sector have prioritised in order to meet the evolving demands of a wide range of end-user sectors. The worldwide economic slump caused by the epidemic affected both consumers and businesses. As a result, consumers became more frugal, delaying or cutting back on purchases, which impacted demand for sticky tapes.
Market-Driving Factors
Adhesive tapes are widely used in many different fields, such as packaging, transportation, construction, healthcare, and electricity and electronics. As these industries progress, so does the demand for adhesive tapes. The adhesive tapes business claims that constant innovation has led to significant improvements in performance characteristics such as superior adhesion, greater temperature resistance, longer product life, and greater adaptability. These innovations have increased the breadth of the adhesive tape business by increasing its number of potential applications. There are benefits to using adhesive tapes rather than other common bonding methods like screws, rivets, or liquid adhesives. They provide lightweight, versatile bonding solutions that improve product performance, open up design freedom, and reduce material use. As a result, the likes of the automobile, aerospace, and electronics sectors have all begun making more use of adhesive tapes. The fast industrialization and urbanisation occurring in developing nations, notably in the Asia-Pacific area and Latin America, is increasing demand for adhesive tapes. Increases in construction, automobile production, and infrastructure investment are driving demand for adhesive tapes in these areas.
Market Opportunities and Threats
Adhesive tapes are constructed from a wide variety of components, including polymers, adhesives, backing materials, and additives. Instability and volatility in the price of particular raw materials may be caused by factors such as supply and demand dynamics, geopolitical concerns, and shifts in the state of the global economy. Manufacturers of adhesive tape may see their manufacturing costs and profits affected by market fluctuations. While advances in technology have undoubtedly contributed to the growth of the adhesive tape industry, they have also presented some challenges for manufacturers. Consistent investment in R&D is essential for the industry to stay up with shifting consumer preferences and maintain its competitive edge. If new technologies aren't developed and implemented, businesses risk losing market share. Adhesive tape needs to meet stringent customer expectations for reliability, performance, and longevity. Adhesive tapes must meet specific requirements for use, including resistance to heat, adhesion strength, and chemical resistance. It is difficult for manufacturers to maintain such high quality standards and ensure uniformity in their products.
Report Coverage
Global Adhesive Tapes research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Adhesive Tapes report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Adhesive Tapes competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Adhesive Tapes market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Adhesive Tapes market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Adhesive Tapes market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
3M Company (US), Rogers Corporation (US), Tesa SE (Germany), Scapa Group PLC (Canada), Nitto Denko Corporation (Japan), Lintec Corporation (Japan), Berry Inc. (US), Intertape Polymer Group (Canada), Lohmann GmbH (Germany), and Avery Dennison Corporation (US), Shurtape Technologies LLC
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Adhesive Tapes market based on the below-mentioned segments:
Global Adhesive Tapes Market, By Coating Technology
Solvent-Based
Water-Based
Hot Melt Based
Global Adhesive Tapes market, By Resin Types
Silicone
Acrylic
Rubber
Others
Global Adhesive Tapes Market, By Tape Backing Material
Paper Backed
Polypropylene
Polyvinyl Chloride Backed
Others
Global Adhesive Tapes market, Regional Analysis
When pressure is applied to an adhesive tape, the tape adheres to the surface on which it is stuck. They're useful for a wide range of tasks, from repairs to bundling to packaging to sealing. Adhesive tapes are commonly used for packaging and sealing boxes, cartons, and shipments. They provide a secure seal, which is helpful for preventing the contents from shifting around during storage and travel. Adhesive tapes have several purposes in the car industry, from securing trim pieces and emblems to mending minor damage and dampening vibration.
Market Effects of COVID-19 on Adhesive Tapes Around the World
Global trade restrictions and lockdown measures impacted the availability of components and raw materials used in adhesive tape production, disrupting supply chains. As a result, production slowed and costs went up for manufacturers. As a result of the pandemic, demand for sticky tapes differed amongst sectors. Some sectors, such as healthcare, e-commerce, and packaging, observed a rise in demand for sticky tapes due to operational issues and reduced activity. Manufacturing, construction, and the automobile industry, on the other hand, all saw demand decrease. The epidemic highlighted the importance of consistent, high-quality products. Improved adhesion strength, durability, and resistance to severe conditions are just some of the performance attributes that producers in the adhesive tapes sector have prioritised in order to meet the evolving demands of a wide range of end-user sectors. The worldwide economic slump caused by the epidemic affected both consumers and businesses. As a result, consumers became more frugal, delaying or cutting back on purchases, which impacted demand for sticky tapes.
Market-Driving Factors
Adhesive tapes are widely used in many different fields, such as packaging, transportation, construction, healthcare, and electricity and electronics. As these industries progress, so does the demand for adhesive tapes. The adhesive tapes business claims that constant innovation has led to significant improvements in performance characteristics such as superior adhesion, greater temperature resistance, longer product life, and greater adaptability. These innovations have increased the breadth of the adhesive tape business by increasing its number of potential applications. There are benefits to using adhesive tapes rather than other common bonding methods like screws, rivets, or liquid adhesives. They provide lightweight, versatile bonding solutions that improve product performance, open up design freedom, and reduce material use. As a result, the likes of the automobile, aerospace, and electronics sectors have all begun making more use of adhesive tapes. The fast industrialization and urbanisation occurring in developing nations, notably in the Asia-Pacific area and Latin America, is increasing demand for adhesive tapes. Increases in construction, automobile production, and infrastructure investment are driving demand for adhesive tapes in these areas.
Market Opportunities and Threats
Adhesive tapes are constructed from a wide variety of components, including polymers, adhesives, backing materials, and additives. Instability and volatility in the price of particular raw materials may be caused by factors such as supply and demand dynamics, geopolitical concerns, and shifts in the state of the global economy. Manufacturers of adhesive tape may see their manufacturing costs and profits affected by market fluctuations. While advances in technology have undoubtedly contributed to the growth of the adhesive tape industry, they have also presented some challenges for manufacturers. Consistent investment in R&D is essential for the industry to stay up with shifting consumer preferences and maintain its competitive edge. If new technologies aren't developed and implemented, businesses risk losing market share. Adhesive tape needs to meet stringent customer expectations for reliability, performance, and longevity. Adhesive tapes must meet specific requirements for use, including resistance to heat, adhesion strength, and chemical resistance. It is difficult for manufacturers to maintain such high quality standards and ensure uniformity in their products.
Report Coverage
Global Adhesive Tapes research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Adhesive Tapes report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Adhesive Tapes competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Adhesive Tapes market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | 3M Company (US), Rogers Corporation (US), Tesa SE (Germany), Scapa Group PLC (Canada), Nitto Denko Corporation (Japan), Lintec Corporation (Japan), Berry Inc. (US), Intertape Polymer Group (Canada), Lohmann GmbH (Germany), and Avery Dennison Corporation (US), Shurtape Technologies LLC |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Adhesive Tapes Market from 2021 to 2030.
- Market Forecast for Adhesive Tapes Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Adhesive Tapes competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Adhesive Tapes
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Adhesive Tapes market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Adhesive Tapes market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
3M Company (US), Rogers Corporation (US), Tesa SE (Germany), Scapa Group PLC (Canada), Nitto Denko Corporation (Japan), Lintec Corporation (Japan), Berry Inc. (US), Intertape Polymer Group (Canada), Lohmann GmbH (Germany), and Avery Dennison Corporation (US), Shurtape Technologies LLC
Primary Target Market
- Market Players of Adhesive Tapes
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Adhesive Tapes market based on the below-mentioned segments:
Global Adhesive Tapes Market, By Coating Technology
Solvent-Based
Water-Based
Hot Melt Based
Global Adhesive Tapes market, By Resin Types
Silicone
Acrylic
Rubber
Others
Global Adhesive Tapes Market, By Tape Backing Material
Paper Backed
Polypropylene
Polyvinyl Chloride Backed
Others
Global Adhesive Tapes market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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