Global Acrylic Foam Tape Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Acrylic Foam Tape consists of a layer of foam core coated with acrylic adhesive on side. Acrylic Foam Tape are high performance bonding products designed to provide engineered assembly solutions for a wide variety of industrial applications.
Market Overview:
The latest research study on the global Acrylic Foam Tape market finds that the global Acrylic Foam Tape market reached a value of USD 2353.55 million in 2022. It’s expected that the market will achieve USD 3348.01 million by 2028, exhibiting a CAGR of 6.05% during the forecast period.
Strength
Brand advantage, occupy a large market share
With global suppliers, manufacturers and marketing networks, with authoritative global supply chain management
There are many product styles and a large selection space
Weakness
Facing substitution threats from other companies
Opportunity
Strengthen the company's brand management
Broad potential market in emerging economies
Threat
International trade friction and the risk of the impact of the epidemic
Risk of changes in downstream demand
Region Overview:
Asia Pacific had the highest growth rate of all regions.
Company Overview:
The top three companies are 3M, Nitto Denko Corporation, Tesa with the revenue market share of 26.16%, 20.64%, 14.14% in 2021.
3M™ Acrylic Foam Tape 5567, Gray, 1.52 mm. 3M™ Acrylic Foam Tape 5567 features two adhesives, one on each side of a 1.52 mm acrylic foam core. Liner side adhesive is formulated for very high initial and final adhesion to automotive paint systems. Non-liner-side adhesive is excellent for plastics and other common trim materials. The thick foam core is designed for conformability and stress relaxation even when applied to complex contours.
Founded in 1918, Nitto Denko Corporation has a global presence, providing a variety of products in the fields of electronics, automotive, residential, infrastructure, environment, and medicine. Nitto Denko Corporation manufactures tape, vinyl, LCD, insulation and several other products.
Segmentation Overview:
Among different product types, Double Sided Tape segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Automotive segment occupied the biggest share from 2017 to 2022.
Key Companies in the global Acrylic Foam Tape market covered in Chapter 3:
Acrylic Foam Tape Company
Avery Dennison (Mactac)
Shanghai Smith Adhesive
Nitto
YGZC GROUP
3M
Tesa (Beiersdorf AG)
Intertape Polymer Group
Teraoka
Achem (YC Group)
Scapa
Saint Gobin
In Chapter 4 and Chapter 14.2, on the basis of types, the Acrylic Foam Tape market from 2018 to 2029 is primarily split into:
Double Sided Tape
Single Sided Tape
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Acrylic Foam Tape market from 2018 to 2029 covers:
Automotive
Building and Construction
Home appliances
Electronics
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:
North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)
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