Global Adhesive Foam Tape Market, By Type (Polyethylene, Polyurethane, Acrylic, Others), Application (Automotive, Electrical and Electronics, Construction, Others), Technology (Solvent-Based, Water-Based, Hot-Melt-Based), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Adhesive Foam Tape Market
The adhesive foam tape market will reach at an estimated value of USD 1.93 billion and grow at a rate of 3.85% for the forecast period of 2021 to 2028. Rise in the demand for lightweight material and cheaper components used for automobile manufacturing is a vital factor driving the growth of adhesive foam tape market.
Foam tapes are defined as the self-adhesive and pressure-sensitive tapes which are coated with an adhesive on single side or double sides with foam types such as polyurethane (PU), polyethylene (PE), acrylic, and others (nitrile, EVA, polyester, polyether, rubber, PVC, and vinyl). Foam tapes are basicallu used in numerous industrial sectors such as automotive, building & construction, and electronics & electrical for bonding, mounting, holding, splicing among others.
Rise in the application scope in aerospace & defense and construction sectors is the vital factor escalating the market growth, also rise in the various properties offered by the products such as high strength, light weight, better texture, and weather resistance and rise in the awareness regarding different properties and advantages offered by these products in construction and automobile manufacturers are the major factors among others driving the adhesive foam tape market. Moreover, rise in the research and development activities in the market and rise in the demand from emerging economies will further create new opportunities for the adhesive foam tape market in the forecast period of 2021- 2028.
However, rise in the volatility in raw material prices leading to fluctuation in demand acts as the major factor among others acting as a restraint, and will further challenge the growth of adhesive foam tape market in the forecast period mentioned above.
This adhesive foam tape market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the adhesive foam tape market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Adhesive Foam Tape Market Scope and Market Size
The adhesive foam tape market is segmented on the basis of type, application and technology. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- Based on type, the adhesive foam tape market is segmented into polyethylene, polyurethane, acrylic and others.
- Based on application, the adhesive foam tape market is segmented into automotive, electrical and electronics, construction and others.
- The adhesive foam tape market is also segmented on the basis of technology into solvent-based, water-based and hot-melt-based.
Adhesive Foam Tape Market Country Level Analysis
The adhesive foam tape market is analysed and market size, volume information is provided by country, type, application and technology as referenced above.
The countries covered in the adhesive foam tape market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the adhesive foam tape market due to rise in the demand from construction and automobile industries, rise in the investments by various key automobile manufacturers and rise in the awareness regarding different properties and advantages offered by these products in construction and automobile manufacturers in this region.
The country section of the adhesive foam tape market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Adhesive Foam Tape Market Share Analysis
The adhesive foam tape market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to adhesive foam tape market.
The major players covered in the adhesive foam tape market report are 3M, NITTO DENKO CORPORATION, tesa Tapes (India) Private Limited, LINTEC Corporation, AVERY DENNISON CORPORATION, Scapa Group plc, Intertape Polymer Group, Halco, Lohmann GmbH & Co.KG, CCT Tapes, Ajit Industries Pvt. Ltd., Tape-Rite Co., Inc., KLEIBERIT, Saint-Gobain Performance Plastics, A-SPE Europe, LINTEC Corporation, SEAL KING IND CO. LTD., LAMATEK, Inc, AFT Corporation., Lynvale Ltd, Wuxi Canaan Adhesive Technology Co. Ltd, Helipro Tapes Sdn. Bhd., Foshan Jintuo Adhesive Products Co. Ltd., V. Himark (USA) Inc and Kubhera Insulation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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