Global Automotive Adhesive Tape Market – registering a CAGR of 5.86%, Industry Trends, Key Highlights, Increased demands, Business Opportunities
Automotive adhesive tapes are basically the tapes that are made specifically for cars since they require a different type of adhesive, the capacity to tolerate greater temperatures, and the ability to hold longer and stronger across curves and sharp angles. Automakers can streamline their assembly procedures by using automotive adhesive adhesives. No holes must be drilled or punched in bonded parts, and assemblers do not need to measure torque or double-check fastening processes.
Global Automotive Adhesive Tape market was valued at USD 63.10 billion in 2021 and is expected to reach USD 99.51 billion by 2029, registering a CAGR of 5.86% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
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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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