Press release
Automotive Adhesive Tape Market Growth, Trends & Forecast 2024-2031 | Top key players - 3M, Tesa SE, Bostik.
Automotive Adhesive Tape Market
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The Global Automotive Adhesive Tape Market is estimated to reach at a Significant CAGR during the forecast period 2024-2031.
The Automotive Adhesive Tape Market refers to the industry focused on tapes used in vehicles for bonding, insulation, masking, and surface protection. These tapes offer lightweight, durable, and efficient alternatives to mechanical fasteners, supporting modern vehicle design and performance. Their use is growing with rising demand for electric vehicles, advanced materials, and enhanced manufacturing efficiency in the automotive sector.
Competitive Evaluation:
Companies covered in this report are Lohmann Technologies, 3M, Tesa SE, Bostik, Henkel, Berry Global Inc, Avery Dennison Corporation, Lintec of America, Inc, Pioneer Tapes, Shurtape Technologies, Inc, DIC Corporation and Others.
The Automotive Adhesive Tape Market analysis identifies a number of major market players. It enables companies to understand the strategies and partnerships used by other industry players to combat market competition. The comprehensive market report provides a fascinating microscopic look at the market. Corporations can detect the footprints of manufacturers by learning about demand, the global price of manufacturers, and the global benefit of manufacturing companies.
Market Dynamics:
The increasing demand for plastics in various industries is expected to drive market growth
The planned ban on diesel and petrol car sales by 2040 due to their harmful emissions is expected to significantly impact the automotive adhesive tape market. With companies like Volvo already transitioning towards this initiative, the shift towards electric vehicles (EVs) is becoming more prominent. According to the Environment Impact Assessment, global electric vehicle sales reached 2.1 million units in 2019, reflecting a 40% year-on-year increase.
This surge in EV adoption presents significant opportunities for adhesive tape manufacturers. As EV batteries generate heat and voltage, proper insulation and safety measures are crucial. Adhesive tapes are being utilized to shield these components, ensuring safety and performance. Major players like Tesa and 3M are developing specialized products, such as double-sided tapes and special films that can withstand temperatures up to 150°C to prevent power surges and protect battery components. For example, ITW Stokis Tapes has introduced a dedicated product portfolio for electric vehicles, including StokTherm, ITW Formex, and StokSeal.
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Automotive Adhesive Tape Market Segments
The report covers the segmentation of the market into different segments based on various classifications such as applications, end users, product types, and others. The segmentation is divided into two sections, one for development and the other for different roles, needs, and behaviors.
By Applications: Cockpit, Door, Front and Rear End, Fuel Systems, Glass, Overhead, Seats, Others.
By Product Type: Transparent Tapes, PE, PU and PVC foam Tapes, Double-Sided Tapes, Thermal conductive and shielding Tapes, Auto Body Protection Tapes, Side Tapes, Floor Marking Tapes, Others.
By Adhesive Type: Acrylic, Modified Acrylic, Standard Acrylic, Rubber, Silicone, Vinyl, Others.
By Technology: Hot Melt Pressure Sensitive, Water-Based, Solvent-based.
By Backing Material: Paper, Crepe, Flatback, Kraft, Tissue, Plastic, Cloth, Metal, Rubber, Rip-proof and Others.
Regional Assessment:
Regional analysis includes segmentation based on the geography that accentuates the recent and future demand for Automotive Adhesive Tape market across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The study also focuses on the demand for each application segment over all the prominent regions.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
In terms of geographical analysis, Automotive Adhesive Tape Market report provides an in-depth view of:-
∎ Regional level break-up
∎ Leading growth rates
∎ Countries with the largest market share
∎ Market factors
∎ Latest developments
∎ Industry challenges
∎ Regulatory policies
∎ Player strategies
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This report provides a 360-degree synopsis of the competitive scenario of the Automotive Adhesive Tape industry. It has enormous awareness joined to the ongoing item and technical improvements in the business sector. It has a thorough analysis of the impact of the potential future development of these headways, a wide-ranging review of those extensions available for future growth.
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Contact Person: Sai Kiran
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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