Press release
Automotive Tape Market is Anticipated to Reach USD 5,711.3 Million, Globally by 2034 at 4.1% CAGR: Future Market Insights, Inc.
Automotive Tape Market
Automotive tapes have become an integral component in modern vehicle manufacturing, offering solutions for bonding, mounting, sealing, and surface protection. The rising adoption of lightweight materials in the automotive industry, coupled with the need for advanced adhesives to enhance durability and reduce assembly time, is driving demand.
Automotive tapes are expected to witness steady demand during the forecast period. This is due to their usage as an effective and efficient bonding solution in lean assembly procedures in the automotive industry.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ - ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฐ ๐๐ง๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ!
https://www.futuremarketinsights.com/report-sample#5245502d47422d35373735
Automotive tapes are quicker and simpler to use than conventional fastening techniques like screws, welds, and rivets. They are more successful at bonding modern materials. High adhesive strength and superior material attachment are expected to fuel the demand for automotive tapes in interior applications.
The automotive sector is embracing lightweight and affordable materials more and more. This will likely uplift demand for automotive tapes during the forecast period.
Since these tapes help prolong the product's lifespan, the traditional fastening systems have become obsolete now. These tapes also help in the removal of corrosion and rust, lowering of noise and vibration, lessening the production and assembly time, and enhancement of product design. Such attributes are expected to enhance productivity and efficiency and cut material and production costs, which is expected to augment market growth.
๐๐จ๐ฉ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐ ๐๐'๐ฌ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ฉ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
โข The automotive tapes industry in North America makes a sizeable contribution to the global market. The regional market is filled with few big global players. Factors like process innovation, research and development, and large-scale automobile production are expected to propel the market.
โข Europe is expected to observe significant growth in the automotive tapes industry. Huge emphasis on the creation of more efficient and lightweight vehicles is pushing the sales of automotive tapes in countries like the United Kingdom and Germany.
โข The Asia Pacific is expected to display a robust growth rate in the upcoming years. Surging discretionary income, along with robust urbanization, is projected to boost the demand for automobiles, thus creating lucrative prospects for the market.
โข Australia is emerging as a budding market for automotive tapes. The country is projected to observe production growth due to intensifying competition driven by new market entrants.
๐๐๐ฐ๐ฌ ๐๐๐ ๐ฆ๐๐ง๐ญ: ๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐๐ก๐๐ฉ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ'๐ฌ ๐ ๐ฎ๐ญ๐ฎ๐ซ๐
โข BASF SE and Toray Advanced Composites entered a contract deal in August 2019 to manufacture and supply continuous fiber-reinforced thermoplastic (CFRT) tapes for industrial and automotive markets. Toray Advanced Composites is forecast to produce affordable, high-quality CFRT tapes via Ultramid engineering thermoplastics generated and manufactured by BASF SE. This agreement is expected to improve manufacturing capacity by offering commercial availability of CFRT materials for end-users.
โข BASF SE enlarged its manufacturing capacity for UV acrylic hotmelts, vended by acResin, by constructing another production unit at the Ludwigshafen site in Germany in March 2019. acResin is deployed to develop pressure-sensitive items that consist of adhesive tapes for the construction and automotive sectors. This expansion is projected to invigorate the market position of the company.
๐๐ข๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐๐๐ญ๐-๐๐ข๐๐ฐ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐!
https://www.futuremarketinsights.com/reports/automotive-tapes-market
๐๐ฅ๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐ฉ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ ๐๐๐ญ๐๐ ๐จ๐ซ๐ฒ
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ:
โข Security Labeling Tapes
โข Masking Tapes
โข Cable Mounting Tapes
โข Surface Protection Tapes
โข Wire Harnessing Tapes
โข Paint Protection Tapes
โข Automotive Electronics Tapes
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ:
โข Polyester
โข Polyurethane
โข Polyvinyl Chloride
โข Polyethylene
โข Fluoropolymer
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
โข Interior
โข Exterior
โข Wire Harnessing
๐๐ฒ ๐๐ข๐๐:
โข Double Sided
โข Single Sided
๐๐ฒ ๐๐๐ก๐๐ฌ๐ข๐ฏ๐:
โข Rubber-based Adhesive
โข Acrylic-based Adhesives
โข Silicon-based Adhesive
โข Hot Melt Adhesive
๐๐ฒ ๐๐๐ ๐ข๐จ๐ง:
โข North America
โข Latin America
โข East Asia
โข South Asia & Pacific
โข Western Europe
โข Eastern Europe
โข Central Asia
โข Russia & Belarus
โข Balkan & Baltic Countries
โข Middle East & Africa
๐๐๐ฏ๐ ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐ญ๐ก๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐จ๐ฆ๐๐ข๐ง:
๐๐ก๐๐ซ๐ฆ๐จ๐๐จ๐ซ๐ฆ๐๐ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ - https://www.futuremarketinsights.com/reports/thermoformed-containers-market
๐๐ฅ๐ฎ๐ฆ๐ข๐ง๐ฎ๐ฆ ๐ ๐จ๐ข๐ฅ ๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ - https://www.futuremarketinsights.com/reports/aluminum-foil-containers-market
๐๐๐๐ฅ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐๐๐๐ก๐ข๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ - https://www.futuremarketinsights.com/reports/deblistering-machines-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
๐๐๐จ๐ฎ๐ญ ๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ (๐ ๐๐)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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