Press release
Revving Up the Future: Automotive Adhesive Tapes Market Poised to hit $7.06 Billion by 2029, Fueled by EV Adoption and Innovative Trends
Automotive Adhesive Tapes Market Share
What Is The Projected Market Size Of The Global Automotive Adhesive Tapes Global Market Report 2025 And Its Growth Rate?
• The automotive adhesive tapes market size has seen strong growth recently, growing from $5.19 billion in 2024 to $5.48 billion in 2025, marking a compound annual growth rate (CAGR) of 5.7%.
• Growth factors include increased vehicle production, regulatory compliance, and safety standards, lightweighting, cost-efficiency, process streamlining, and improved durability and weather resistance.
• The market is projected to continue its strong growth trend, rising to $7.06 billion in 2029 at a CAGR of 6.5%.
• Growth drivers include electric vehicle (EV) adoption, rising use of autonomous vehicles, ongoing lightweighting efforts, globalization, and emerging markets.
What Is Driving The Growth In The Automotive Adhesive Tapes Global Market Report 2025?
Increasing adoption of electric vehicles is one of the key factors driving the growth of the automotive adhesive tapes market. Electric vehicles (EV) use an electric motor powered by a battery that can be externally charged. EV batteries require the use of automotive adhesive tape to bind battery cells and insulate electrical components. The increasing trend of electric vehicles is leading to growth in automotive adhesive tapes market. For example, in May 2024, the Global EV Outlook 2024 report by the International Energy Agency indicated new electric car registrations in the United States reached 1.4 million in 2023, an increase of over 40% from the previous year.
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Who Are the Key Players Driving Automotive Adhesive Tapes Global Market Report 2025 Growth?
• Saint-Gobain
• 3M
• Henkel AG & Co. KGaA
• PPG Industries Ohio Inc.
• Berry Global Inc.
• Sika Services AG
• Avery Dennison Corporation
• DIC Corporation
• Nitto Denko Corporation
• Lintec Corporation
• Tesa SE
• ORAFOL Europe GmbH
• Lohmann GmbH & Co. KG
• ThreeBond Holdings Co. Ltd.
• Shurtape Technologies LLC
• Scapa Group
• Coroplast Tape Corporation
• MACtac
• HALCO
• American Biltrite Inc.
• L&L Products Inc.
• PPM Industries Group
• Adhesives Research Inc.
• JBC Technologies Inc
• Advance Tapes International Ltd.
• ATP Adhesive Systems AG
• Adhesive Specialties
• Ajit Industries Private Limited
• Presto Tape
• NADCO Tapes ＆ Labels Inc.
What Are The Key Trends In The Automotive Adhesive Tapes Global Market Report 2025?
• Bio-based and recyclable adhesives
• Smart adhesive technologies
• Flexible and conformable adhesive solutions
• Increased focus on safety and crash resistance
• Predictive maintenance solutions
What Are The Segments Of The Global Automotive Adhesive Tapes Global Market Report 2025?
• By Product: Double-Sided Tapes, Masking Tapes, Reinforced Tapes, Specialty Tapes
• By Adhesive Type: Acrylic, Silicone, Rubber, Other Adhesive Types
• By Backing Material: Polypropylene (PP), Polyvinylchloride (PVC), Paper, Other Backing Materials
• By Technology: Water-Based, Solvent-Based, Hot-Melt-Based
• By Application: Wire Harnessing, Powertrain, Acoustic Insulation, Interior Attachment, Exterior Attachment, Electronics, Chassis And Wheels
Which Region Leads The Automotive Adhesive Tapes Global Market Report 2025?
Asia-Pacific was the largest region in the automotive adhesive tapes market in 2024 and is expected to be the fastest-growing region in the forecast period. The Automotive Adhesive Tapes Market Report also includes data covering Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Automotive Adhesive Tapes Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Automotive Adhesive Tapes Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Automotive Adhesive Tapes Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Automotive Adhesive Tapes Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Automotive Adhesive Tapes Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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