Press release
Leading Growth Driver in the Adhesive Tapes Market in 2025: Automotive Industry Growth Fuels Demand Surge For Adhesive Tapes Market Driver's Influence
Adhesive Tapes
The expansion of the automotive sector and the skyrocketing demand for adhesive tapes from this industry throughout the world will drive the growth of the adhesive tapes market during the forecast timeframe. The characteristics of adhesive tapes, such as their light weight, small size, and smooth texture, make them perfect for use in automobile interiors for the bonding of electronic devices, parking sensor holders, door panels, spoilers, and seals to name a few. As an example, data from MarkLines Co. Ltd., an online information services provider to the automotive industry in the US, states that full-year sales for trucks and SUVs rose by 13.4% in 2023 from the previous year, reaching 12,380,961 units. Additionally, sales of passenger cars witnessed an 8.1% rise, amassing 3,227,425 units. The escalating preference for lightweight vehicles is leading to the replacement of metal fasteners with adhesive tapes in cars. Therefore, the growth in automobile manufacturing will subsequently increase the demand for adhesive tapes and propel their sales.
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How will the growth rate of the adhesive tapes market shape industry trends by 2034?
The market size of adhesive tapes has seen significant growth in the past few years. It is projected to expand from $75.8 billion in 2024 to $81.54 billion in 2025, with a compound annual growth rate (CAGR) of 7.6%. The surge during the historical period is due to the growth in industries such as packaging, automotive manufacturing, electronics and electrical along with increased applications in the medical and healthcare sectors.
The market size of adhesive tapes is projected to witness robust expansion in the coming years, reaching $113.39 billion in 2029 with a compound annual growth rate (CAGR) of 8.6%. The surge during the projected timeline is attributed to factors such as the high demand for repair and maintenance, its increased application in automobile manufacturing and infrastructure refurbishment, accelerating urban development, and the incorporation of electrification in vehicles. The forecast period will also see key trends such as the evolution of tape technology, flexible packaging options, customization, personalization, reduction of weight in automobiles, and the rise of eco-friendly and sustainable solutions.
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What are the most significant trends transforming the adhesive tapes market today?
Prominent organizations in the adhesive tapes market are targeting the development of novel products like recycled tapes, in response to the growing need for sustainable and eco-friendly solutions. Recycled tapes are adhesive tapes crafted from recycled materials, typically derived from post-consumer or post-industrial waste. This reduces the environmental footprint by lowering resource utilization and waste. For example, in August 2024, Shurtape Technologies LLC, a company based in the US, introduced Shurtape Recycled Series Packaging Tapes. The recycled tape series, made from PCR polyester, features three packaging tapes made from 90 percent postconsumer recycled (PCR) polyester sourced from polyethylene terephthalate (PET) bottles and rigid containers. This inventive technique not only diminishes plastic waste but also enables companies to attain their sustainability objectives while preserving high-performance standards.
Which primary segments of the adhesive tapes market are driving growth and industry transformations?
The adhesive tapes market covered in this report is segmented -
1) By Resin Type: Acrylic, Rubber, Silicone, Other Resin Types
2) By Material Type: Polypropylene (PP), Paper, Polyvinyl Chloride (PVC), Other Material Types
3) By Technology Type: Solvent-Based, Hot-Melt Based, Water-Based
4) By End Use: Packaging, Consumer and Office, Healthcare, Automotive, Electrical and Electronics, Building and Construction, Other End Uses
Subsegments:
1) By Acrylic: Water-Based Acrylic, Solvent-Based Acrylic
2) By Rubber: Natural Rubber, Synthetic Rubber
3) By Silicone: High-Temperature Silicone, Pressure-Sensitive Silicone
4) By Other Resin Types: Polyethylene (PE), Ethylene Vinyl Acetate (EVA), Polypropylene (PP)
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Which geographical regions are pioneering growth in the adhesive tapes market?
Asia-Pacific was the largest region in the adhesive tapes market in 2024. The Asia-Pacific region is predicted to record fastest growth in the adhesive tapes market during the forecast period. The regions covered in the 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 adhesive tapes market landscape?
Major companies operating in the adhesive tapes market include Compagnie de Saint-Gobain S.A., 3M Company, Henkel AG, Berry Global Inc., DuPont de Nemours Inc., OJI Holdings Corporation, Sekisui Chemical Co. Ltd., Sika AG, Avery Dennison Corporation, Nitto Denko Corporation, RPM International Inc., H.B. Fuller Company, Schweitzer-Mauduit International Inc., Tesa SE, Lohmann GmbH & Co., Intertape Polymer Group Inc., American Biltrite Inc., INDUSTRIAS TUK S.A. DE C.V., Dewal Industries Inc., CMS Group of Companies, Nichiban Co. Ltd., JDC Solutions Inc., Lintec Corporation, Scapa Group plc, Shurtape Technologies LLC, Advance Tapes International Ltd., Canadian Technical Tape Ltd., ORAFOL Europe GmbH, Pioneer Tapes, Bemis Company Inc., 3F GmbH, Symbio Inc.
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What Is Covered In The Adhesive Tapes Global Market Report?
• Market Size Forecast: Examine the adhesive tapes market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the adhesive tapes market for a structured understanding.
• Key Players Overview: Analyze major players in the adhesive tapes market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the adhesive tapes market.
• Segment Contributions: Evaluate how different segments drive overall growth in the adhesive tapes market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the adhesive tapes market.
• Industry Challenges: Identify potential risks and obstacles affecting the adhesive tapes market.
• Competitive Landscape: Review strategic developments in the adhesive tapes market, including expansions, agreements, and new product launches.
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