Press release
Automotive Adhesive Tape Market Size, Status and Industry Outlook During 2021 to 2025
The report is designed to provide a holistic view of the Automotive Adhesive Tape Market 2021-2025. It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). High-level interpretation of Automotive Adhesive Tape market attributes using proprietary tools such as the Penetration Mapping Index, and other successful representational tools such as Porter’s Five Forces Analysis, SWOT, PESTEL, Ansoff’s Matrix, etc. Regional estimates and forecasts & trend analysis for each country (U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc), and region (North America, Europe, Asia-Pacific, and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Automotive Adhesive Tape investments from 2021 till 2025.The global automotive adhesive tape market is expected to register a CAGR of more than 4.5% during the forecast period.
Top Companies in the Global Automotive Adhesive Tape Market:
3M, Advance Tapes International, American Biltrite Inc., Avery Dennison Corporation, Berry Global Inc. (Adchem), Godson Tapes Pvt. Limited, Intertape Polymer Group, L&L Products, LINTEC Corporation, Lohmann GmbH & Co.KG, NITTO DENKO CORPORATION, Saint-Gobain Performance Plastics, Scapa Group plc, Shurtape Technologies LLC, SIKA AG, SURFACE SHIELDS, tesa SE A Beiersdorf Company, Vibac Group SpA, among others.
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Regional Outlook:
Asia-Pacific to Dominate the Market
- Asia-Pacific region dominated the global market share.
- The market is majorly driven by the availability of low labor at low cost, low raw material prices, and the growing urban population in the region, in addition to many automotive manufacturing plants.
- Currently, many OEM manufacturers are introducing hybrid body structures, which incorporate plastic and composite materials in combination with traditional steel and light alloy components. The deployment of these components is expected to drive the demand for automotive adhesives tapes, due to their capability to join difficult-to-bond substrates.
- The government of China is planning to introduce more than one million electric vehicles by 2020, which is expected to drive the market for automotive adhesive tapes in the country.
- All the aforementioned factors, in turn, boost the demand for automotive adhesive tapes in the Asia-Pacific region during the forecast period.
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The Total Addressable Market (TAM) for estimating the market size two approaches are used: Bottom-up and Top-down approach. In the Bottom-up approach, the consumption of in the various segments is taken into account. The regional, segment-wise, and end-user uptake/consumption is taken into account for this approach. This is then totaled to arrive at the TAM for this approach. In the Top-down approach, the company-wise production in terms of both value and volume is taken into account and totaled for arriving at the TAM. This data is then bifurcated based on the consumption in the various market segments.
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Automotive Adhesive Tape Market
-Changing the Automotive Adhesive Tape market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Automotive Adhesive Tape market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Automotive Adhesive Tape Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
Frequently Asked Questions about Automotive Adhesive Tape market:
- What are the recent developments and government policies?
- What are the top trends in the Automotive Adhesive Tape market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the Automotive Adhesive Tape market?
- Which region would offer high growth for vendors in the market?
The report has 150 tables and figures browse the report description and TOC:
https://www.marketinsightsreports.com/reports/01091743944/automotive-adhesive-tape-market-growth-trends-and-forecast-2020-2025?Mode=A19
Customization of the Report: This report can be customized as per your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
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Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc., Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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ABOUT US:
Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc., Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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