Global Double-Sided Tape Market: Emerging Trends, Major Key Players 3M Company (US) and Nitto Denko Corporation (Japan)

According to the report, The global Double-Sided Tape market size is expected to reach $ Billion by 2028 growing at the CAGR of 6.98% from 2021 to 2028. The driving factor of the market is the increasing demand from the packaging and shipping industry considering the vast application of double-sided tape in it. Increased demand for 3M double-sided tape from. The clear coat on the surface of the tape prevents the tape from being damaged in case it comes in contact with sharp objects.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global DOUBLE-SIDED TAPE industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Double-Sided Tape market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Double-Sided Tape players holding highest market share include 3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany) and Lintec Corporation (Japan). These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• 3M Company (US)
• Nitto Denko Corporation (Japan)
• Tesa SE (Germany)
• Lintec Corporation (Japan)
• Intertape Polymer Group, Inc. (Canada)
• Avery Dennison Corporation (US)
• Shurtape Technologies, LLC (US),
• Scapa Group Plc (UK)
• DeWAL Industries,
• Zhongshan Guanchang

Segmental Analysis

Market Segment By Resin Type with focus on market share, consumption trend, and growth rate of DOUBLE-SIDED TAPE Market:
o Acrylic
o Rubber
o Silicone
o Others (EVA and Polyurethane)

Market Segment By Technology with focus on market share, consumption trend, and growth rate of DOUBLE-SIDED TAPE Market:
o Solvent-based
o Water-based
o Hot-Melt

Market Segment By Backing Material with a focus on market share, consumption trend, and growth rate of DOUBLE-SIDED TAPE Market:
• Foam
• Film
• Paper/Tissue
• Unsupported
• Others (cloth, cotton, metal, alloys, polyamide (PA), cellulose, fiberglass, non-woven, and vinyl)

Market Segment By Application with a focus on market share, consumption trend, and growth rate of DOUBLE-SIDED TAPE Market:
o Automotive
o Building & Construction
o Electrical & Electronics
o Paper & Printing
o Others (packaging, aerospace & defense, healthcare, woodworking, wind energy, solar energy, and sports)

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Global Double-Sided Tape Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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