Press release
Global Automotive Adhesive Tapes Market Size, By Adhesives, by Application, By Backing Material, By Region Analysis By 2017-2025; Prominent Key Players Sika Automotive AG, L&L Products Inc., Dow Automotive, 3M Company, Nitto Denko, PPG Industries, Avery D
Global Automotive Adhesive Tapes Market Size
Download Sample Copy Of This Report @ https://www.adroitmarketresearch.com/contacts/request-sample/520
Miniaturization and weight reduction of vehicles is the latest trend being followed by the automobile sector, globally. Adhesives have found extensive application in the automobile industry and have revolutionized the way the vehicles are designed and built. Adhesive tapes are being widely deployed by OEMs for the production and assembly of minor parts of an automobile. These are also used in refinishing and aftermarket. Currently, the use of bolts, screws and other fasteners are being substituted by adhesive tapes and this trend is expected to remain prevalent over the next few years. Growing demand for lightweight vehicle automobiles is a prime factor driving the growth of the global automotive adhesive tapes market.
In 2017, paper garnered a revenue share of 26.8% and is one of the leading segment by backing material is expected to continue its prominence throughout the forecast period. The backing material on the tape improves the functioning of the adhesive. Smooth papers, as a backing material, are witnessing increased demand since they are used when adhesive tapes are required for easier applications or for curves and contours surfaces.
Adhesives dominated the global automotive adhesives tapes market in 2017 with a consumption of 1.75 billion square meters. Car customization is the ongoing megatrend in today’s automotive industry. Constructive bonding is a key feature in every industry and may lead to challenging components bondings. For multiple applications, high-tech materials are widely utilized that have special structures and properties, which can be only bonded by the use of high-performance tapes. Thus, acrylic foam tapes outperform conventional fastening methods and form a permanent bonding along with the complete sealing of the bonded substrates.
On the basis of product, masking tapes are projected to rise with the fastest CAGR of 7.3% from 2018 to 2025. Increasing preference for masking tapes in automotive industries owing to its superior adhesion properties with any surface including metals, plastics, and rubber parts is expected to significantly drive the growth of this segment in the years ahead.
Interior application segment is projected to rise with a CAGR of 7.5% by revenue, during the forecast period. Interior applications have been witnessing lucrative gains in the automotive adhesive tapes market on account of increasing utilization of tapes for interior cable mountings, cover labeling’s and fixing parts.
Asia Pacific dominated the global adhesive tapes market, in terms of both volume and value. Expansion of road networks in Asia Pacific coupled with the government commitments towards industrial and infrastructure development is the key factor behind the market growth in this region. Also, increasing domestic vehicles production in developing economies such as China, Thailand and India are expected to augment the vehicle sales in this region, with a favorable impact on the market in the coming years.
The global automotive adhesive tapes market is witnessing fierce competition and players are continuously involved in large-scale research and innovation. Some of the players operating in the market include Sika Automotive AG, L&L Products Inc., Dow Automotive, 3M Company, Nitto Denko, PPG Industries, Avery Dennison Corporation and EMS-EFTEC AG.
Key segments of the global automotive adhesive tapes market
Adhesives Overview, 2015-2025 (Million Square Meters, USD Million)
Acrylic
Natural Rubber
Butyl
Others
Adhesives Overview, 2015-2025 (Million Square Meters, USD Million)
Polypropylene
PVC
Paper
Foam
Cloth
Others
Product Overview, 2015-2025 (Million Square Meters, USD Million)
Double-sided tapes
Masking tapes
Reinforced tapes
Specialty tapes
Application Overview, 2015-2025 (Million Square Meters, USD Million)
Interior
Exterior
Else place an Inquire before Purchase “Automotive Adhesive Tapes Market Size, Status and Forecast 2025 @
https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/520
What to expect from the upcoming report on ‘corrugated packaging market’:
- Future prospects and current trends of the corrugated packaging market by the end of forecast period. (2017 – 2025).
- Information regarding technological progressions as well as innovations across the world
- Supportive initiatives by government likely to influence the market dynamics.
- In-depth analysis of different market segmentations including regional segmentations, applications and types.
- Deep analysis about the competitive landscape of the market and the initiatives by them to improve this market.
- Trends, drivers, opportunities, restraints, challenges and key developments in the market
Who should buy this report?
Venture capitalists, Investors, financial institutions, Analysts, Government organizations, regulatory authorities, policymakers ,researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
About Adroit Market Research:
Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.
Contact Information:
Ryan Johnson
Adroit Market Research
3131 McKinney Ave #600
Dallas, TX 75204
Tel: +1-214-884-6068
Email: sales@adroitmarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Automotive Adhesive Tapes Market Size, By Adhesives, by Application, By Backing Material, By Region Analysis By 2017-2025; Prominent Key Players Sika Automotive AG, L&L Products Inc., Dow Automotive, 3M Company, Nitto Denko, PPG Industries, Avery D here
News-ID: 1472154 • Views: …
More Releases from Adroit Market Research
Electronic Health Records Market Estimated Size Valuation will be USD 47.62 Bill …
The global Electronic Health Records market reached a value of US$ 30.65 Billion in 2023 and is expected to reach US$ 47.62 Billion by 2032, exhibiting a CAGR of 6.01% during the prediction period of 2023 to 2032.
Executive Synopsis:
The last few years have seen a notable increase in the global Electronic Health Records market because of technological breakthroughs, rising demand from a variety of industries, and continuous R&D initiatives to…
Organic Food Market Size to Reach USD 525.65 Billion at a CAGR of 12.09% by 2032 …
The global Organic Food market reached a value of US$ 170.05 Billion in 2023 and is expected to reach US$ 525.65 Billion by 2032, exhibiting a CAGR of 12.09% during the prediction period of 2023 to 2032.
The global Organic Food market report uses methods and major market analysis
To give a thorough picture of the market, the global Organic Food market report uses a range of analytical techniques and frameworks. Market…
Quantum Computing Market Size to Grow Worth USD 888.5 Million at a CAGR of 33.10 …
The global Quantum Computing market reached a value of US$ 888.5 Million in 2023 and is expected to reach US$ 12,622.9 Million by 2032, exhibiting a CAGR of 33.10% during the prediction period of 2023 to 2032.
What is said in the market report for global Quantum Computing
A thorough examination of the market's structure, trends, obstacles, and opportunities is included in the global Quantum Computing market study. A thorough analysis of…
Software as a Service Market Size to grow USD 1,230.81 Billion by 2032 | CAGR of …
The global Software as a Service market reached a value of US$ 275.53 Billion in 2023 and is expected to reach US$ 1,230.81 Billion by 2032, exhibiting a CAGR of 19.5% during the prediction period of 2023 to 2032.
Extensive Assessment of COVID-19's Impact on the Worldwide Software as a Service Industry
The COVID-19 pandemic had a substantial effect on the global Software as a Service market, altering market dynamics through supply…
More Releases for Adhesive
Shaping the Flock Adhesive Market in 2025: Innovative Adhesive Tape Solutions Dr …
How Is the Chondroplasty Market Projected to Grow, and What Is Its Market Size?
The chondroplasty market has seen strong growth in recent years. It will increase from $13.77 billion in 2024 to $14.68 billion in 2025 at a CAGR of 6.5%. This growth is attributed to the rise in sports-related injuries, patient preference for non-total joint replacement procedures, advances in postoperative care, healthcare provider training, and an increasing incidence of…
Bio-Based Hot Melt Adhesive Market Insights: Redefining Adhesive Solutions
According to the report published by Virtue Market Research, in 2022, the Global Bio-Based Hot Melt Adhesive Market was valued at $10.15 billion, and is projected to reach a market size of $15 billion by 2030. Over the forecast period of 2023-2030, market is projected to grow at a CAGR of 4.5%.
Read More @ https://virtuemarketresearch.com/report/bio-based-hot-melt-adhesive-market
The Bio-Based Hot Melt Adhesive market is a realm of innovation and sustainability, marked by enduring…
Iron Supplement Market Product Type (2-Octyl Cyanoacrylate Adhesive, N-Butyl Cya …
Iron is one of the most important nutritional requirements of the human body as it plays an important role in managing many vital biological processes. Growing health concerns among consumers and widening applications of iron supplements are among the major growth drivers for iron supplements demand.
Download Sample PDF at https://www.theinsightpartners.com/sample/TIPRE00021200/?utm_source=OpenPR&utm_medium=10379
Key Players Analysis:
• Nature Made
• Nature's Bounty
• Solgar
• Rainbow Light
• NOW Foods
• Amway
• Garden of Life
• Spring Valley
• GNC
• Fergon
The report covers key developments in the Iron Supplement Market as…
Lens bonding adhesive solutions from DeepMaterial optical bonding adhesive manuf …
Lens bonding adhesive solutions from DeepMaterial optical bonding adhesive manufacturers
Today, gadgets are changing incredibly. This calls for the best bonding option and the elimination of mechanical fasteners. The introduction of adhesives has made it possible to achieve lightweight gadgets that have made our lives even better.
In camera modules, there is a need for lens-bonding adhesives. The lens is an important camera component, and it is needed for the proper functioning…
Cyanoacrylate Adhesive Market Outlook to 2026 - 3M, AdCo, Adhesive Technologies
The Cyanoacrylate Adhesive Market report includes overview, which interprets value chain structure, industrial environment, regional analysis, applications, market size, and forecast. The report provides an overall analysis of the market based on types, applications, regions, and for the forecast period from 2020 to 2026. It also offers investment opportunities and probable threats in the market based on an intelligent analysis.
This report focuses on the Global Cyanoacrylate Adhesive Market trends, future…
Adhesive Equipments Market by Product Type (Adhesive Pump Systems, Adhesive Melt …
GLOBAL ADHESIVE EQUIPMENTS MARKET was valued at USD 30.56 Billion in the year 2017. Global Adhesive Equipment Market is further estimated to grow at a CAGR of 5.13% from 2018 to reach USD 41.26 Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like China holds the…
