Automotive Adhesive Tapes Market Revenue Research Report and Industry Analysis Report By Product And Forecast by 2025
Adroit Market Research published a new industry research that focuses on Automotive Adhesive Tapes market and delivers in-depth market analysis and future prospects of Global Automotive Adhesive Tapes market.
Dallas, United States – May 24, 2021 /MarketersMedia/ —
Adhesive tapes are combined with materials and adhesive films used to bond or join together objects that otherwise require welding, screws, or fasteners to bind them together. Adhesive tapes are now used as an alternative for mechanical fasteners. This allows the manufacturers to use lower temperature applications thereby simplifying their manufacturing processes. The adhesive tape is a thin strip of adhesive that is coated on plastic and is used to assemble and stick parts in many parts.
Automotive adhesive tapes are economical and do not harm the environment. The tapes are used in the automobile industry for various applications, such as NVH, lamination of bolts, welds, part mounting, labeling, and more. The growth in the automobile industry is rapid which is propelling Automotive Adhesive Tape Market. The adhesive tapes are cheaper than the mechanical fasteners which have thus inclined to use the adhesive tapes instead of the conventional ones. Also, the demand for lightweight vehicles is increasing day-by-day replacing the mechanical fasteners with adhesive tapes.
The global automotive adhesive tapes market size was USD 7.11 billion in 2017 and is expected to grow significantly over the next few years on account of its high shear strength, excellent adhesion and temperature resistance properties.
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The adhesive tapes are used for both interior application and exterior application. In the context of the interior application, the adhesive tapes are used for cable harnessing and part assembling. In terms of exterior usages, the adhesive tapes are used for labeling and fixing. The adhesive tapes are widely used for interior applications which accounts for the maximum market share in the Automotive Adhesive Tape Market. The adhesive tapes are supported by PVC and clothes to enhance their strength and resistant properties.
The shelf life of the automotive adhesive tapes is for one-two years if it is exposed to direct sunlight. If the temperature is between 60 to 80 degrees Fahrenheit and 40 to 50 percent is the relative humidity, the adhesive tapes can remain strong for few more years. However, the shelf life of the adhesive tapes is lesser than the mechanical fasteners which may hamper the Automotive Adhesive Tape Market growth.
There is a range of adhesive tapes available in the market for various automotive applications like Butyl, Acrylic, Cloth Tapes, Foam Tapes, Polyvinyl Chloride Tapes, Paper Tape, Polypropylene Tapes, Natural rubber tapes, Masking tapes, Double-sided tapes, Reinforced tapes, Specialty tapes, Polyester Tapes, and epoxy adhesives among others.
The use of bio-plastic and paper-based tapes is increasing as they do not affect the environment. Also, the market is witnessing huge growth as the government has imposed regulations due to the side effects of toxic materials released in the environment while producing other conventional products.
The top vendors driving Automotive Adhesive Tape Market include Intertape Polymer Group, Tesa SE, Avery Dennison Corporation, Nitto Denko Corporation, Lohmann GmbH & Co. Kg., Scapa Group Plc, 3M Company, Henkel AG & Company KGaA, , HB fuller, 3M Company, Avery Dennison Corporation, and Avery Dennison Corporation.
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Key segments of the global automotive adhesive tapes market
Adhesives Overview, 2015-2025 (Million Square Meters, USD Million)
Acrylic
Natural Rubber
Butyl
Others
Adhesives Overview, 2015-2025 (Million Square Meters, USD Million)
Polypropylene
PVC
Paper
Foam
Cloth
Others
Product Overview, 2015-2025 (Million Square Meters, USD Million)
Double-sided tapes
Masking tapes
Reinforced tapes
Specialty tapes
Application Overview, 2015-2025 (Million Square Meters, USD Million)
Interior
Exterior
Regional Overview, 2015-2025 (Million Square Meters, USD Million)
North America
U.S.
Rest of North America
Europe
France
UK
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Rest of APAC
Latin America
Brazil
Rest of Latin America
Middle East & Africa
Reasons for the study
The purpose of the study is to give an exhaustive outlook of the global automotive adhesive tapes market
While studying the market, we observed that masking tapes are gaining immense traction on account of its excellent adhesion properties
Asia Pacific is projected to be the fastest growing region owing to rapid growth of automobile sector in this region
The global automotive adhesive tapes market is projected to witness lucrative opportunity in developing regions of Latin America and Middle East & Africa due to increasing sales of lightweight vehicles in this region
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About Us :
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a Market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable Market insights to help create opportunities that increase their revenues. We follow a code- Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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