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Construction Adhesive Tapes Market worth $4.10 billion by 2030, growing at a CAGR of 5.47% - Exclusive Report by 360iResearch
Construction Adhesive Tapes Market | 360iResearch
The Global Construction Adhesive Tapes Market to grow from USD 2.82 billion in 2023 to USD 4.10 billion by 2030, at a CAGR of 5.47%.
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The global market for construction adhesive tapes is experiencing substantial growth due to the increasing demand for robust bonding solutions in construction activities. These adhesive tapes are widely used for various purposes such as insulation, mounting, joining materials, and sealing, due to their excellent adhesion properties, resistance to environmental factors, and ease of application. Innovations in material technologies, such as the development of eco-friendly and more durable adhesive tapes, are also propelling the market forward. The expanding construction industry, particularly in emerging economies, has led to an escalation in the utilization of these adhesive tapes. This upsurge is further stimulated by the ongoing trend of automation and efficient tools in construction practices, which rely heavily on high-performance adhesive tapes for better productivity and work quality. With stringent building regulations and the need for energy-efficient buildings, the market is poised to maintain a positive trajectory in the coming years, with manufacturers continuing to invest in research and development to meet the evolving requirements of the construction sector.
In the Americas, with particular focus on the United States and Canada, the construction adhesive tapes market is aligned with the rigorous building standards and growing construction activities. The consumer need is underscored by the demand for durable and weather-resistant adhesive tapes, reflecting the diverse climatic conditions. Customers in these regions often prioritize brand reputation and eco-friendly certifications when making purchasing decisions. Recently, the United States has seen a number of innovations with several patents filed promoting advancements in adhesive technology, with a focus on improving the environmental footprint. In the EU countries, the construction adhesive tapes market is shaped by strict EU regulations on building materials, inclusive of environmental sustainability and safety. The market in the Middle East, while smaller than Europe, is influenced by the extensive construction projects in the region, with a demand for high-performance adhesive solutions capable of withstanding extreme temperatures. Africa's market is emerging, with specific needs for cost-effective and versatile adhesive tapes for various applications. Research and development efforts within the EU are abundant, with numerous patents emerging that focus on improved adhesion properties, compatibility with various substrates, and ease of use. Investment within the EU is also geared towards reducing the carbon footprint of construction materials. The Asia Pacific region, with a spotlight on China, Japan, and India, is experiencing a boom in the construction adhesive tapes market. This growth is fueled by expanding infrastructure, urbanization, and the presence of major manufacturers.
Market Segmentation & Coverage:
This research report categorizes the Construction Adhesive Tapes Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Technology, market is studied across Hot-Melt Based and Solvent-Based. The Solvent-Based is projected to witness significant market share during forecast period.
Based on Resin Type, market is studied across Acrylic and Rubber. The Acrylic is projected to witness significant market share during forecast period.
Based on Application, market is studied across Flooring, HVAC & Insulation, Roofing, Walls, and Windows & Doors. The Windows & Doors is projected to witness significant market share during forecast period.
Based on End-Use, market is studied across Domestic Use and Professional. The Professional is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 39.34% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Construction Adhesive Tapes Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Construction Adhesive Tapes Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Construction Adhesive Tapes Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Advance Tapes International, American Biltrite Inc., Avery Dennison Corporation, Bostik Limited by Arkema Group, Bowtape Co., Ltd., Carlisle Coatings & Waterproofing, Inc. by Pecora Corporation, Compagnie de Saint-Gobain S.A., Cosmo Films Ltd., DuPont de Nemours, Inc., Godson Tapes Private Limited, Intertape Polymer Group Inc., L&L Products, Inc., Lohmann GmbH & Co. KG, Mapei S.p.A., Maxell, Ltd., NADCO Tapes & Labels, Inc., Nichiban Print Co., Ltd., Nitto Denko Corporation, PPM Industries S.p.A., Scapa Group PLC by Schweitzer-Mauduit International, Inc., Seal for Life Group, Shurtape Technologies, LLC, Sika AG, and Tesa SE.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Construction Adhesive Tapes Market, by Technology
7. Construction Adhesive Tapes Market, by Resin Type
8. Construction Adhesive Tapes Market, by Application
9. Construction Adhesive Tapes Market, by End-Use
10. Americas Construction Adhesive Tapes Market
11. Asia-Pacific Construction Adhesive Tapes Market
12. Europe, Middle East & Africa Construction Adhesive Tapes Market
13. Competitive Landscape
14. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Construction Adhesive Tapes Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Construction Adhesive Tapes Market?
3. What is the competitive strategic window for opportunities in the Construction Adhesive Tapes Market?
4. What are the technology trends and regulatory frameworks in the Construction Adhesive Tapes Market?
5. What is the market share of the leading vendors in the Construction Adhesive Tapes Market?
6. What modes and strategic moves are considered suitable for entering the Construction Adhesive Tapes Market?
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