Category

Double Sided Adhesive Tape Market Size, Share, Opportunities, And Trends By Coating Technology (Solvent-Based, Hot-Melt-Based, Water-Based, Others), By End User (Automotive, Construction, Consumer Electronics, Others), And Geography - Forecasts From 2019 To 2024

Published: May 2020 | Report Code:  KSI061612218 | Pages:  103

The double-sided adhesive tape market was valued at US$10.748 billion in 2018 and grow at a CAGR of 4.28% to reach US$13.819 billion in 2024. Double-sided tapes offer bonding and fixture solutions across different end-users. The demand for these tapes will increase owing to the rising demand for office and household supplies due to the growing number of SMEs and rising standards of living. Furthermore, double-sided adhesive tapes are forcing automotive manufacturers to switch from the traditional screw and nut-based fixtures to innovative and efficient techniques, snowballing the demand for these tapes. The Asia Pacific region will show many exciting growth opportunities due to growing automotive production in budding countries like China, Japan, South Korea, and India. However, higher prices of the raw materials of double-sided tape coupled with high prices of the end product are expected to restrain the market growth during the forecast period.
 
DRIVERS
Growing adoption of double-sided tapes in the automotive industry
 
RESTRAINTS
High raw material prices
 
Opportunities
Advancement in double-sided tape technology
 
Some of the major players discussed in this report are 3M, tesa SE, NITTO DENKO CORPORATION, Avery Dennison Corporation, Shurtape Technologies, LLC, Scapa Group, Lohmann GmbH & Co. KG, and LINTEC Corporation among others.
 
Segmentation
The double-sided adhesive tape market has been analyzed through the following segments:
 
By Coating Technology
Solvent-Based
Hot-Melt-Based
Water-Based
 
By End-User
Automotive
Construction
Consumer Electronics
Others
 
By Geography
North America
USA
Canada
Mexico
 
South America
Brazil
Argentina
Others
 
Europe
Germany
France
United Kingdom
Spain
Others
 
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
 
Asia Pacific
China
Japan
South Korea
India
Australia
Others
 

Frequently Asked Questions (FAQs)

Q1. What will be the double-sided adhesive tape market size by 2024?
A1. The double-sided adhesive tape market is projected to reach a market size of US$13.819 billion in 2024.
 
Q2. What is the size of global double sided adhesive tape market?
A2. Double Sided Adhesive Tape market was valued at US$10.748 billion in 2018.
 
Q3. What are the growth prospects for double sided adhesive tape market?
A3. The double-sided adhesive tape market is projected to grow at a CAGR of 4.28% over the forecast period.
 
Q4. Who are the major players in the double-sided adhesive tape market?
A4. Some of the major players discussed in the double-sided adhesive tape market report are 3M, tesa SE, NITTO DENKO CORPORATION, Avery Dennison Corporation, Shurtape Technologies, LLC, Scapa Group, Lohmann GmbH & Co. KG, and LINTEC Corporation among others.
 
Q5. What factors are anticipated to drive the double-sided adhesive tape market growth?
A5. The demand for double-sided tapes will increase owing to the rising demand for office and household supplies due to the growing number of SMEs and rising standards of living.

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