Press release
Double Sided Tape Market to Reach US$ 16.9 Billion 2024-2032, Driven by 5.04% CAGR
Double Sided Tape Market
The global double sided tape market size reached US$ 10.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.9 Billion by 2032, exhibiting a growth rate (CAGR) of 5.04% during 2024-2032.
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Double-sided tape is a versatile adhesive product with adhesive on both sides, used for bonding two surfaces together. Its design enables discreet and effective applications in various industries, providing a clean and secure method for mounting, joining, and assembling materials without the need for visible fasteners. Commonly used in crafting, home improvement, and industrial applications, double-sided tape offers a convenient and reliable bonding solution.
Market Trends:
The global market is majorly driven by the significant growth in the construction and automotive industries. Moreover, the rise of electronic devices and advancements in technology contribute significantly to the market. Double-sided tapes are crucial in assembling delicate electronic components, providing secure and heat-resistant bonds without adding bulk or weight to the devices. Besides, the popularity of DIY (Do-It-Yourself) projects and home improvement initiatives drives the market for double-sided tape. Its ease of use and versatility make it a preferred choice for individuals engaged in various crafting and home décor projects.
Apart from this, in the medical and healthcare industry, double-sided tapes are employed for applications such as attaching medical devices and securing dressings. The hygienic and non-intrusive nature of these tapes makes them suitable for medical use. Additionally, the market is influenced by the packaging industry where double-sided tapes find applications in sealing, closing, and bonding packaging materials. As e-commerce continues to grow, the demand for efficient and secure packaging solutions contributes to the market's expansion. Furthermore, the ease of application and removal without leaving residue is a significant factor in the market's growth.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/double-sided-tape-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• 3M Company
• Advance Tapes International
• Avery Dennison Corporation
• Berry Global Inc
• Guangzhou Broadya Adhesive Products Co.
• Intertape Polymer Group Inc
• Lintec Corporation
• Lohmann GmbH & Co. Kg
• Nichiban Co. Ltd.
• Nitto Denko Corporation
• Scapa Group Plc (Mativ Holding)
• Shurtape Technologies LLC
• Tesa SE (Beiersdorf AG)
Double Sided Tape Market Segmentation:
Our report has categorized the market based on region, resin type, technology, and end user.
Breakup by Resin Type:
• Acrylic
• Rubber
• Silicone
• Others
Breakup by Technology:
• Solvent-based
• Water-based
• Hot-Melt based
Breakup by End User:
• Automotive
• Building and Construction
• Electrical and Electronics
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
Contact US:
IMARC Group
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Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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