Pressure Sensitive Adhesive Tapes, Building & Construction Tapes, Unidirectional Tapes, Automotive Adhesive Tapes and UV Tapes Market
Table Of Contents
Adhesive Tapes Industry Data Book | Forecast 2030
Adhesive Tapes Industry Data Book – Pressure Sensitive Adhesive Tapes, Building & Construction Tapes, Unidirectional Tapes, Automotive Adhesive Tapes and UV Tapes Market
Grand View Research’s adhesive tapes sector data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research along with an agricultural statistics e-book.
Access the Global Adhesive Tapes Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Packaging tapes accounted for the largest revenue share of over 45.0% in 2021 as they are majorly manufactured with plastic as a backing material owing to its easier tearing ability and superior flexibility
The construction segment held a significant revenue share in 2021 owing to robust and durable properties acquired from stronger backing materials
The market demand was boosted owing to the global outbreak of the COVID pandemic in 2020. Consumer shopping trends have switched to online delivery portals for groceries, medicines, and takeaways. This further contributed to the increasing market demand for pressure sensitive adhesive packaging tapes in the global market
Order your copy of the Free Sample of “Adhesive Tapes Industry Data Book – Pressure Sensitive Adhesive Tapes, Building & Construction Tapes, Unidirectional Tapes, Automotive Adhesive Tapes and UV Tapes Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030, published by Grand View Research
Building And Construction Tapes Market Report Highlights
Demand for double-sided tapes is estimated to reach USD 2.29 billion by 2027, on account of increasing product demand in the bonding of trims and window attachments in North America and Europe
Foam-backed tape is expected to expand at a CAGR of 5.3% in terms of revenue from 2020 to 2027, owing to its increasing penetration as a backing material in adhesive tapes for doors and windows with a property of a thick surface application
The use of tapes for bonding accounted for 22.6% of the global revenue share on account of increasing adoption of decorative and temporary bonding in commercial and industrial application
Duct tape is estimated to witness a CAGR of 3.3% in terms of revenue from 2020 to 2027 in Germany on account of its increasing demand for protection of HVAC components
Unidirectional Tapes Market Report Highlights
North America accounted for the largest revenue share of over 39% of the global UD tapes market in 2020
Prominent automobile manufacturers in the region are engaged in the production of lightweight vehicles, which is boosting the product demand
The thermoplastic resin type segment led the global market in 2020 with a revenue share of 74.7%
It is expected to expand further at the fastest CAGR from 2021 to 2028 on account of the superior characteristics of these resins that enhance the performance of tapes
The carbon fiber segment is expected to ascend at the second-fastest CAGR of more than 16% from 2021 to 2028
This growth is credited to their wide application scope in automotive and aerospace parts manufacturing operations
The interior attachment application segment accounted for revenue valued at USD 988.3 million in 2022 owing to rising demand for tapes in interior applications to improve the aesthetics of vehicles
The emulsion-based adhesive tapes segment is expected to witness the fastest growth at a revenue CAGR of 8.2% over the forecast period as the industry is witnessing rising concerns of VOC emissions and thus expect stringent regulations pertaining to the same in the future
The powertrain application segment is expected to witness a notable revenue CAGR of 11.3% over the forecast period on account of the rising penetration of adhesive tapes in electric and hybrid vehicle powertrains
Europe dominated the market in terms of revenue and was valued at USD 959.6 million in 2022, owing to the high per vehicle content of tapes in the European automotive brands
