Adhesive Tapes Market by Resin Type (Acrylic-Based Adhesive Tapes, Rubber-Based Adhesive Tapes, Silicone-Based Adhesive Tapes), Technology (Hot-melt Based, Solvent-Based, Water-Based), Backing Material, Category, End-User - Global Forecast 2024-2030
The Adhesive Tapes Market size was estimated at USD 64.93 billion in 2023 and expected to reach USD 68.98 billion in 2024, at a CAGR 6.64% to reach USD 101.87 billion by 2030.
Adhesive tapes are a material with an adhesive film applied to bond or joins materials and protect surfaces. These tapes are available in different shapes, sizes, and materials and are commonly used for packaging, sealing, bonding, and masking applications in various industries. The surging usage of adhesive tapes in various industries is due to the increasing need for packaging bulky supplies and shipping large parts of products. However, fluctuations in raw material prices may lead to elevated adhesive tape prices and limit their adoption by end-use sectors. Moreover, advancements in adhesive tapes include developing stronger adhesives, improving resistance to temperature and moisture, and using eco-friendly materials that create new and innovative products that are more durable, reliable, and sustainable, which is expected to accelerate high adoption from end users.
Regional InsightsThe adhesive tapes market shows a highly evolving landscape in the Americas owing to the established industrial sector and increasing application of adhesive tapes in industries including automotive, healthcare, and retail for packaging goods and products. In the Americas, the rising initiatives to launch programs such as the Pressure Sensitive Tape Council (PSTC) aim to develop various innovative adhesive technologies. In the APAC, manufacturers are constantly improving the safety and sustainability of packaging by employing advanced technologies to produce adhesive tapes. In 2022, the European Adhesive Tape Association (Afera) held its annual conference, which discussed the latest trends, regulations, and innovations in the industry. These initiatives demonstrate the commitment of various industry associations, governments, and companies in the APAC, EMEA, and Americas regions to promote the development of the adhesive tape industry through innovation, sustainability, and collaboration is expected to accelerate the widespread adoption of adhesive tapes from various end-use sectors.
FPNV Positioning MatrixThe FPNV Positioning Matrix is pivotal in evaluating the Adhesive Tapes Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share AnalysisThe Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Adhesive Tapes Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company ProfilesThe report delves into recent significant developments in the Adhesive Tapes Market, highlighting leading vendors and their innovative profiles. These include 3F GmbH, 3M Company, Adhesives Research, Inc., Adirondack Specialty Adhesives, Advance Tapes International, American Biltrite Inc., Amott Adhesive Tape, Avery Dennison Corporation, Avery Dennison Inc., Berry Global Inc., Champion Tape, Coating & Converting Technologies, Inc., Compagnie de Saint-Gobain S.A., Convertex Ltd., Coroplast Fritz Müller GmbH & Co. KG, DermaMed Coatings Company, LLC, Flowstrip Limited, Intertape Polymer Group, Inc., kingnodetech, Lintec Corporation, Lohmann GmbH & Co.KG, monta Klebebandwerk GmbH, Nichiban Co. Ltd., ORAFOL Europe GmbH, Ppi Adhesive Products (C.E) S.R.O., Rogers Corporation, Scapa Group PLC, Shurtape Technologies LLC, Tesa SE, and Windmill Tapes and Labels Ltd.
Market Segmentation & CoverageThis research report categorizes the Adhesive Tapes Market to forecast the revenues and analyze trends in each of the following sub-markets:
Resin Type
Acrylic-Based Adhesive Tapes
Rubber-Based Adhesive Tapes
Silicone-Based Adhesive Tapes
Technology
Hot-melt Based
Solvent-Based
Water-Based
Backing Material
Paper
Polypropylene
Polyvinyl Chloride
Category
Commodity Adhesive Tapes
Specialty Adhesive Tapes
End-User
Automotive
Building & Construction
Consumer & Office
Electrical & Electronics
Healthcare
Masking
Packaging
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Adhesive Tapes Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Adhesive Tapes Market?
- What are the technology trends and regulatory frameworks in the Adhesive Tapes Market?
- What is the market share of the leading vendors in the Adhesive Tapes Market?
- Which modes and strategic moves are suitable for entering the Adhesive Tapes Market?
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