Automotive Adhesive Tapes Market to grow at a CAGR of 5.92% during 2017-2021: 3M, AVERY DENNISON CORPORATION, H.B. Fuller, Henkel, LINTEC Corporation, and NITTO DENKO CORPORATION

MarketResearchNest.com adds “Global Automotive Adhesive Tapes Market 2017-2021” new report to its research database. The report spread across 88 pages with table and figures in it.

Research analysts forecast the global automotive adhesive tapes market to grow at a CAGR of 5.92% during the period 2017-2021.

About Automotive Adhesive Tapes
An automotive adhesive tape refers to a backing or a support material that is coated with an adhesive and is used to bind two different components of an automobile. They are used for wire harnessing, surface protection, electrical insulation, and device shielding. Automotive adhesive tapes are divided into four different product types such as PVC tapes, polyester tapes, polypropylene tapes, and other products. PVC tapes hold the maximum share of the market as their applications and use are higher compared with other types of automotive tapes.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive adhesive tapes market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Browse full table of contents and data tables at
https://www.marketresearchnest.com/global-automotive-adhesive-tapes-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Automotive Adhesive Tapes Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global automotive adhesive tapes market: 3M, AVERY DENNISON CORPORATION, H.B. Fuller, Henkel, LINTEC Corporation, and NITTO DENKO CORPORATION.

Other Prominent Vendors in the market are: Ajit Industries, Arkema Group, Beiersdorf, Berry Global, Godson Tapes, Lohmann, LORD Corporation, Parafix Tapes & Conversions, PPI Adhesive Products, and Sri Vasavi Tapes.

Commenting on the report, an analyst from Research team said: “One trend in the market is shift from mechanical fasteners to automotive adhesive tapes. Mechanical fasteners are used to join or fasten two or more objects. These fasteners include nuts and bolts, screws and rivets, and mechanical interlocks. Traditionally, mechanical fasteners are considered the strongest and most reliable joining method.”

Order a Purchase Report Copy at https://www.marketresearchnest.com/purchase.php?reportid=285063

According to the report, one driver in the market is growing automotive sector in APAC. In past few years, the automotive industry has shown a remarkable growth in APAC and is expected to remain booming during the forecast period. Many large automobile manufacturers are located in this region. Countries such as China, Japan, and South Korea are leading in automotive production in APAC. Countries such as Vietnam and the Philippines are also showcasing remarkable growth in the production capacity of automobiles. Automotive adhesive tapes are mainly used in binding components of automobiles. As the automotive industry is growing in the region, the demand for automotive adhesive tapes is also increasing.

Further, the report states that one challenge in the market is environment factors affecting adhesive tapes. It is a fact that the use of some chemicals in the manufacturing of automotive adhesive tapes may affect the environment. Apart from this, the matter of concern in this market is the other way around as well. Many environmental changes are affecting the properties of adhesive tapes. These changes can be fluctuation in the temperature, exposure to ultraviolet rays, and excess of humidity. It has been noticed that rapid cooling shrinks the substrate of the tape, which leads to the decrease in adhesion capacity of the substrate.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;

Enquiry before Buying at
https://www.marketresearchnest.com/enquirybuy.php?reportid=285063

About us:
MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on industries, organizations, products, and trends.

Contact
Mr. Jeet Jain
Sales Manager
sales@marketresearchnest.com
+1-240-284-8070(U.S)
+44-20-3290-4151(U.K)
Connect with us: Google+ | LinkedIn | Twitter | Facebook

This release was published on openPR.