Adhesive Tapes Market size to grow by USD 20,804.46 million from 2022 to 2027, Driven by the increased construction activities across geographies

NEW YORK, March 30, 2023 /PRNewswire/ -- The global adhesive tapes market size is estimated to increase by USD 20,804.46 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 5.78% during the forecast period. The growth in construction activities across geographies is driving the adhesive tapes market growth significantly. The increasing population, growing economies in emerging countries, increasing government investments in large-scale infrastructure projects, and the rising number of public-private partnerships for infrastructure development in the construction sector will subsequently propel the demand for adhesive tapes. Adhesive tapes are used for sealing, bonding, and filling gaps in internal glazing and partition systems and help in the permanent bonding of metal frames to glass in interior and exterior curtain wall systems. Discover some insights on market size historic period (2017 to 2021) and forecast market data (2023-2027) before buying the full report - Request a sample report

Adhesive tapes market – Vendor Analysis

Vendor Landscape - The global adhesive tapes market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer adhesive tapes in the market are 3M Co., Adhesives Research Inc., Advance Tapes International Ltd., American Biltrite Inc., Berry Global Group Inc., Can Do National Tape, Coating and Converting Technologies Inc., Compagnie de Saint Gobain SA, Dow Inc., GERGONNE INDUSTRIE, H.B. Fuller Co., Intertape Polymer Group Inc., LINTEC Corp., Lohmann GmbH and Co.KG, Mativ Holdings Inc., Nitto Denko Corp., Shurtape Technologies LLC, Avery Dennison Corp., Beiersdorf AG, and Henkel AG and Co. KGaA and others.

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Global competitiveness and key competitor positions

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Vendor Offerings -

3M Co. - The company offers adhesive tapes such as anti-slip and grip tapes, barricade and warning tapes, and cloth and duct tapes.

Adhesives Research Inc. - The company offers adhesive tapes such as ARcare 7815, ARseal 90697, and ARcare 8259.

Advance Tapes International Ltd. - The company offers adhesive tapes such as aluminum foil tape, all-weather duct tape, and PVC duct sealing tape.

For details on the vendor and their offerings – Request a sample report

Adhesive Tapes Market - Segmentation Assessment

Segment Overview

Technavio has segmented the market based on material (polypropylene, paper, polyvinyl chloride, and others), end-user (automotive, healthcare, packaging, and others), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

The market share growth by the polypropylene segment will be significant for the global adhesive tapes market growth during the forecast period. It is an important thermoplastic material, which is recyclable, flexible, tough, and resistant to fatigue. The materials are used in packing or electric insulation applications such as tamper-evident tapes, strapping tapes, and carton sealing tapes. Polypropylene tapes have various applications across industries such as being suitable for electronic and electric applications. Moreover, adhesive tapes also offer excellent resistance to grease, moisture, and oils.

Geography Overview

The report provides actionable insights and estimates the contribution of all regions to the growth of the global adhesive tapes market.

APAC is estimated to account for 63% of the growth of the global adhesive tapes market during the forecast period. Developing countries such as China and India are lucrative markets for the manufacturers of consumer durables, electrical products, automotive, and paper and printing products. Factors such as inexpensive labor, low operational costs, and smooth business operations facilitate production. Additionally, rising affordability for procuring end products such as consumer durables and automotive, led by rising disposable income, and evolving population lifestyle, is also driving the growth of the market in focus in the APAC.

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Adhesive Tapes Market – Market Dynamics

Key Trends -

The growing use of silicone adhesives in adhesive tapes is an emerging trend in the market. Silicone-based adhesive tapes have gained significant traction in the market due to a range of properties, including high flexibility at sub-ambient temperatures, consistent performance over a wide temperature range, remarkable resistance to polar solvents, easy and speedy processing, and excellent performance. Silicone-based adhesive tapes are mainly two-sided and are widely preferred for manufacturing tapes and modifying the rheological properties of adhesive tapes. The rheological properties of silicone help protect the adhesive and restrict the interaction between the paper or film and the adhesive. Hence, the rapid adoption of silicone-based adhesives is expected to support the growth of the market in focus during the forecast period.

Major challenges -

A major challenge hindering the market growth of adhesive tapes is that adhesive tapes cannot be used for critical functions. Though there are several critical applications of adhesive tapes, there is a lack of highly durable adhesive tapes for such applications. For example, in the packaging industry, adhesive tapes cannot be used for packaging heavy food materials, as they may get deformed under the load and pressure of the product and lead to spillage. The packaging used for food must ensure high bonding to the boxes, which most adhesive tapes are not capable of providing. However, the low durability of adhesive tapes limits their use for heavy food packaging, which restricts the growth of the market in focus.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Adhesive Tapes Market report?

CAGR of the market during the forecast period

Detailed information on factors that will drive the growth of the adhesive tapes market between 2023 and 2027

Precise estimation of the size of the adhesive tapes market and its contribution to the parent market

Accurate predictions about upcoming trends and changes in consumer behavior

Growth of the adhesive tapes market across APAC, North America, Europe, South America, and Middle East and Africa

A thorough analysis of the market's competitive landscape and detailed information about vendors

Comprehensive analysis of factors that will challenge the growth of adhesive tapes market vendors

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Related Reports:

The automotive adhesive tapes market size is predicted to surge by USD 3.29 billion at a CAGR of 5.54% from 2021 to 2026. High-performance adhesive tapes for advanced aerodynamic application is one of the major automotive adhesive tapes market trends that is expected to impact the industry positively in the forecast period.

The floor adhesive market size is expected to increase by USD 1.53 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.44%. The rapid growth in the global construction industry is one of the key factors driving the floor adhesive market growth.

Adhesive Tapes Market Scope

Report Coverage

Details

Historic period

2017-2021

Base Year

2022

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.78%

Market growth 2023-2027

USD 20804.46 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

5.57

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 63%

Key countries

US, China, India, Japan, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

3M Co., Adhesives Research Inc., Advance Tapes International Ltd., American Biltrite Inc., Berry Global Group Inc., Can Do National Tape, Coating and Converting Technologies Inc., Compagnie de Saint Gobain SA, Dow Inc., GERGONNE INDUSTRIE, H.B. Fuller Co., Intertape Polymer Group Inc., LINTEC Corp., Lohmann GmbH and Co.KG, Mativ Holdings Inc., Nitto Denko Corp., Shurtape Technologies LLC, Avery Dennison Corp., Beiersdorf AG, and Henkel AG and Co. KGaA

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of Contents

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global adhesive tapes market 2017 - 2021

4.2 Material Segment Analysis 2017 - 2021

4.3 End-user Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Material

6.1 Market segments

6.2 Comparison by Material

6.3 Polypropylene - Market size and forecast 2022-2027

6.4 Paper - Market size and forecast 2022-2027

6.5 Polyvinyl chloride - Market size and forecast 2022-2027

6.6 Others - Market size and forecast 2022-2027

6.7 Market opportunity by Material

7 Market Segmentation by End-user

7.1 Market segments

7.2 Comparison by End-user

7.3 Automotive - Market size and forecast 2022-2027

7.4 Healthcare - Market size and forecast 2022-2027

7.5 Packaging - Market size and forecast 2022-2027

7.6 Others - Market size and forecast 2022-2027

7.7 Market opportunity by End-user

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 APAC - Market size and forecast 2022-2027

9.4 North America - Market size and forecast 2022-2027

9.5 Europe - Market size and forecast 2022-2027

9.6 South America - Market size and forecast 2022-2027

9.7 Middle East and Africa - Market size and forecast 2022-2027

9.8 China - Market size and forecast 2022-2027

9.9 US - Market size and forecast 2022-2027

9.10 India - Market size and forecast 2022-2027

9.11 Japan - Market size and forecast 2022-2027

9.12 Germany - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 3M Co.

12.4 Adhesives Research Inc.

12.5 Advance Tapes International Ltd.

12.6 American Biltrite Inc.

12.7 Avery Dennison Corp.

12.8 Beiersdorf AG

12.9 Berry Global Group Inc.

12.10 Can Do National Tape

12.11 Henkel AG and Co. KGaA

12.12 Intertape Polymer Group Inc.

12.13 LINTEC Corp.

12.14 Lohmann GmbH and Co.KG

12.15 Mativ Holdings Inc.

12.16 Nitto Denko Corp.

12.17 Shurtape Technologies LLC

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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