Press release
Comprehensive Automotive Adhesive Tapes Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Automotive Adhesive Tapes Global Market Report 2025
The surge in popularity of electric vehicles is anticipated to stimulate the expansion of the automotive adhesive tapes market. Electric vehicles or EVs, which are powered by an externally chargeable battery-run electric motor, use automotive adhesive tape for permanently bonding battery cells and insulating electrical components within the battery. Consequentially, a spike in electric vehicle use will likely propel the automotive adhesive tapes market. The Global EV Outlook 2024 report, published by the International Energy Agency-an autonomous intergovernmental organisation based in France-in May 2024, indicated that in 2023, the United States saw a significant rise in new electric car registrations-1.4 million, a jump of over 40% compared to the previous year. This further underlines how the growing popularity of electric vehicles is fuelling the expansion of the automotive adhesive tapes market.
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How will the growth rate of the automotive adhesive tapes market shape industry trends by 2034?
In recent times, there has been a significant expansion in the market size of automotive adhesive tapes. The market, which is estimated to be $5.19 billion in 2024 is projected to increase to $5.48 billion by 2025, with a Compound Annual Growth Rate (CAGR) of 5.7%. This growth observed in the historical period can be linked to factors such as the rise in vehicle production, compliance with regulations and safety standards, the transition to lightweight materials, cost-effectiveness, process optimization, along with enhanced durability and resilience to weather conditions.
Anticipated substantial growth in the automotive adhesive tapes market is predicted in the years ahead, with its worth projected to reach $7.06 billion in 2029, showing a compound annual growth rate (CAGR) of 6.5%. Factors contributing to the escalating growth in the forecast period include the adoption of electric vehicles, an increase in autonomous vehicles, ongoing efforts to reduce vehicle weight, globalization and expansion in emerging markets. The market trends for this period are expected to encompass bio-based and recyclable adhesives, advancements in adhesive technology, adaptable and compliant adhesive solutions, a heightened emphasis on safety and crash resistance, along with predictive maintenance solutions.
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What trends are poised to drive the future success of the automotive adhesive tapes market?
In the automotive adhesive tapes market, product innovation trends are gaining traction. Major market players, such as Lohmann Technologies, are prioritizing the development of new products. One prominent example is the introduction of DuploCOLL LE, a variety of adhesive tapes purpose-built for the bonding of low-emission materials in vehicle interiors, launched by the US-based tapes and films manufacturer in August 2022. This portfolio comprises low-emission, low-odor, high-tech adhesive tapes, manufactured in an energy-conscious way. The DuploCOLL LE 59x*xx (Low Emission) series, a range of double-sided pressure-sensitive tapes, complies with Original Equipment Manufacturers' (OEMs) strict criteria for materials and components having low VOC, fogging, and odor values, meeting the VDA 278 standards. Its usage, notably in comprehensive applications such as bonding rear seat covers or trimmings of pillars or doors (NVH felts), doesn't compromise the interior air quality.
Which primary segments of the automotive adhesive tapes market are driving growth and industry transformations?
The automotive adhesive tapes market covered in this report is segmented -
1) By Product: Double-Sided Tapes, Masking Tapes, Reinforced Tapes, Specialty Tapes
2) By Adhesive Type: Acrylic, Silicone, Rubber, Other Adhesive Types
3) By Backing Material: Polypropylene (PP), Polyvinylchloride (PVC), Paper, Other Backing Materials
4) By Technology: Water-Based, Solvent-Based, Hot-Melt-Based
5) By Application: Wire Harnessing, Powertrain, Acoustic Insulation, Interior Attachment, Exterior Attachment, Electronics, Chassis And Wheels
Subsegments:
1) By Double-Sided Tapes: Foam Double-Sided Tapes, Film Double-Sided Tapes, Tissue Double-Sided Tapes
2) By Masking Tapes: General Purpose Masking Tapes, High-Temperature Masking Tapes, Specialty Masking Tapes
3) By Reinforced Tapes: Glass Fiber Reinforced Tapes, Polypropylene Reinforced Tapes
4) By Specialty Tapes: Electrical Tapes, Gasket Tapes, Insulation Tapes
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Which geographical regions are pioneering growth in the automotive adhesive tapes market?
Asia-Pacific was the largest region in the automotive adhesive tapes market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive adhesive tapes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the automotive adhesive tapes market landscape?
Major companies operating in the automotive adhesive tapes market include 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.
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What Is Covered In The Automotive Adhesive Tapes Global Market Report?
• Market Size Forecast: Examine the automotive adhesive tapes market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automotive adhesive tapes market for a structured understanding.
• Key Players Overview: Analyze major players in the automotive adhesive tapes market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automotive adhesive tapes market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automotive adhesive tapes market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automotive adhesive tapes market.
• Industry Challenges: Identify potential risks and obstacles affecting the automotive adhesive tapes market.
• Competitive Landscape: Review strategic developments in the automotive adhesive tapes market, including expansions, agreements, and new product launches.
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