Press release
UV-cured Acrylic Adhesive Tapes Market To Reach US$691.7 mn In 2024 With Growth At A CAGR Of 7.07%
Global UV-cured Acrylic Adhesive Tapes Market: Overview
Acrylic adhesive tapes are formed with an acrylic polymer base that is coated on a backing material or carrier. The adhesive is applied either on one side or both in order to temporarily or permanently join two overlapping materials. One of the techniques used to produce these pressure-sensitive tapes is UV curation, which enables improved manufacturing without requiring solvents.
Typically, foamed tapes have double coating of high-performance acrylic adhesives. Thermally conductive tapes possess properties such as good thermal transfer, insulation and high temperature resistance. Flame retardant tapes are heat resistant and acts a barrier between flames and core system of a material. Universal tapes have single-side coating and are easy to apply with tear-proof systems.
Rising pressure to use chemicals emitting a low content of VOC is the key reason for research and development of UV-cured adhesives and their applications in various industries. Players shifting their focus onto the development of new products is projected to offer significant opportunities in the near future.
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Production of UV-cured acrylic adhesive tapes requires specialized machinery with advanced technology for proper application of UV-cured adhesives. Their development and adoption in the market (because of their low to almost zero content of volatile organic compounds (VOCs)) is the result of stringent regulations on the usage of chemicals emitting VOCs.
Global UV-cured Acrylic Adhesive Tapes Market: Scope of the Study
The report estimates and forecasts the UV-cured acrylic adhesive tapes market on the global and regional levels. The study provides forecast between 2016 and 2024 based on volume (million sq. mts./thousand sq. mts.) and revenue (US$ Mn) with 2015 as the base year. The report comprises an exhaustive value chain analysis for each of the segments. It provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage.
The study includes drivers and restraints for the UV-cured acrylic adhesive tapes market along with their impact on demand during the forecast period. The study also provides key market indicators affecting the growth of the market. The report analyzes opportunities in the UV-cured acrylic adhesive tapes market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. Furthermore, the report analyzes substitute analysis of UV-cured acrylic adhesive tapes and global average price trend analysis.
The report includes Porter’s Five Forces Model to determine the degree of competition in the UV-cured acrylic adhesive tapes market. The report comprises a qualitative write-up on market attractiveness analysis, wherein end-users and regions have been analyzed based on attractiveness for each region. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report comprises price trend analysis for UV-cured acrylic adhesive tapes between 2016 and 2024.
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Global UV-cured Acrylic Adhesive Tapes Market: Segmentation
The study provides a comprehensive view of the UV-cured acrylic adhesive tapes market by dividing it into product, application and geography segments. The products have been segmented into foamed tapes and non-foamed tapes. Non-foamed tapes are further classified into thermally conductive tapes, flame retardant tapes and universal tapes. The applications are segmented into automotive, building & construction (B&C), aerospace, electricals & electronics (E&E) and others. These segments have been analyzed based on historic, present, and future trends.
Regional segmentation includes the current and forecast consumption of UV-cured acrylic adhesive tapes in North America, Latin America, Europe, Asia Pacific, and Middle East & Africa (MEA). Market segmentation includes demand for consumption in all the regions individually.
Secondary research sources that were typically referred to include, but were not limited to, company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report.
In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research.
Global UV-cured Acrylic Adhesive Tapes Market: Competitive Outlook
The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding.
Key players profiled in the report include 3M, Avery Dennison Corporation, Denka Company Limited, Henkel AG & Company KGaA, and Shin-Etsu Chemical Co. Ltd. and Others. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview (wherever applicable).
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The global UV-cured acrylic adhesive tapes market has been segmented as follows:
UV-cured Acrylic Adhesive Tapes Market – Product Analysis
Foamed tapes
Non-foamed tapes
Thermally Conductive tapes
Flame Retardant tapes
Universal tapes
UV-cured Acrylic Adhesive Tapes Market – End User Analysis
Automotive
Building & Construction
Aerospace
Electricals & Electronics
Others
UV-cured Acrylic Adhesive Tapes Market – Regional Analysis
North America
U.S.
Canada
Latin America
Brazil
Mexico
Rest of Latin America
Europe
Germany
France
U.K.
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Table of Content
1.Preface
1.1.Report Scope and Market Segmentation
1.2.Research Highlights
2.Assumptions and Research Methodology
2.1.Assumptions and Acronyms Used
2.2.Research Methodology
3.Executive Summary
3.1.Market Snapshot, Indicative (Mn Sq. Mts.)
3.2.Top Trends
4.Market Overview
4.1.Product Overview
4.2.Market Indicators
5.Market Dynamics
5.1.Drivers and Restraints Snapshot Analysis
5.1.1.Drivers
5.1.2.Restraints
5.1.3.Opportunities
5.2.Global UV-cured Acrylic Adhesive Tapes Market Analysis and Forecast
5.3.Porter’s Analysis
5.3.1.Threat of Substitutes
5.3.2.Bargaining Power of Buyers
5.3.3.Bargaining Power of Suppliers
5.3.4.Threat of New Entrants
5.3.5.Degree of Competition
5.4.Value Chain Analysis
5.5.Global UV-cured Acrylic Adhesive Tapes Market Outlook
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