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With 5.4% CAGR, Global Double Coated Foam Tape Market Size to Surpass US$ 2.3 Bn by the end of 2033

02-24-2023 10:13 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

/ PR Agency: Persistence Market Research
With 5.4% CAGR, Global Double Coated Foam Tape Market Size

Due to the extensive use of double coated foam tape in a variety of industries, including automotive, construction, electronics, and packaging, the market for this product has been expanding steadily over the past several years. The need for double-coated foam tapes is being driven by the rising trend of miniaturization in the electronics industry as well as the rising desire for lightweight and fuel-efficient vehicles.

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An adhesive tape known as double-coated foam tape has an adhesive coating on both sides of the foam carrier. The adhesive on both sides of the foam carrier enables strong adhering to a range of surfaces, while the foam carrier's cushioning, conformability, and gap-filling qualities. Double coated foam tapes are widely used in the construction sector for a variety of purposes, including bonding, mounting, and sealing. The tapes are frequently utilised in packaging, particularly when transporting delicate and fragile goods.

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The market is highly competitive, with several players offering a wide range of products to meet the diverse needs of customers. Some of the key players operating in the double coated foam tape market include 3M Company, Nitto Denko Corporation, Tesa SE, Avery Dennison Corporation, and Scapa Group plc.In terms of geography, Asia-Pacific is the largest market for double coated foam tape, accounting for a significant share of the global market. This can be attributed to the presence of a large number of manufacturing facilities and the increasing demand from end-use industries in the region.

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Key Segments Covered : Double Coated Foam Tape Market

Double Coated Foam Tape Market By Material Type : Polyethylene (PE), Polyurethane Resins (PUR), Polyvinyl Chloride (PVC), Others (PET, PP etc.)

Double Coated Foam Tape Market By Application : Mounting, Sound Dampening, Glass Glazing, High Temperature Applications, Bonding

Double Coated Foam Tape Market By Adhesive Type : Acrylic-based, Rubber-based, Silicon-based

Double Coated Foam Tape Market By End Use : Automotive
Building & Construction, Household, Electrical & Electronics

Double Coated Foam Tape Market By Region : North America, U.S., Canada, Latin America, Brazil, Mexico, Argentina, Rest of Latin America, Europe, Germany, France, Italy, Spain, U.K., NORDIC, Russia, Poland, BENELUX, Rest of, Europe, Asia Pacific (APAC), China, India, Australia & New Zealand, ASEAN, Japan, Rest of Asia Pacific, Middle East & Africa (MEA), Northern Africa, South Africa, GCC Countries, Turkey, Rest of Middle East & Africa

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Liquid Soap Market : https://www.persistencemarketresearch.com/market-research/liquid-soap-market.asp

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Pest Control Products and Services Market ; https://www.persistencemarketresearch.com/market-research/pest-control-products-and-services-market.asp

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Persistence Market Research
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Call +1-646-568-7751
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About Consumer Goods Division at Persistence Market Research

The Consumer Goods team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs by offering expert analysis, actionable insights, and strategic recommendations. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the consumer goods industry lucidly in 50+ countries for over a decade. We provide end-to-end research and consulting services; reach out to explore how we can help.

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