The adhesive tapes industry refers to the manufacturing and distribution of various types of tapes that are coated with adhesive substances on one or both sides. These tapes are used for bonding, sealing, and joining different materials in a wide range of industries and applications. Adhesive tapes are made from materials such as paper, fabric, foam, plastic, and metal foil, and they are coated with different types of adhesives to provide specific properties such as adhesion, strength, and durability. The global adhesive tapes market size was USD 80.2 billion in 2022 and is projected to reach USD 110.7 billion by 2028, at a CAGR of 5.6% between 2022 and 2028.
Browse 360 market data Tables and 80 Figures spread through 346 Pages and in-depth TOC on "Adhesive Tapes Market by Resin Type (Acrylic, Rubber, Silicone), Technology (Solvent, Hot-melt, Water-based), Backing Material (PP, Paper, PVC), End-use Industry (Packaging, Healthcare, E&E, Automotive) and Region - Global Forecast to 2028"
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=251563138
The scope of the adhesive tapes industry is vast, and its usage spans across numerous end-use industries. Some of the key sectors that rely heavily on adhesive tapes include:
-
Packaging: Adhesive tapes play a vital role in the packaging industry for sealing boxes, cartons, and containers. They provide secure and reliable closure, ensuring that packages remain intact during storage and transportation.
-
Construction: Adhesive tapes are used in construction for bonding, joining, and sealing various materials such as insulation panels, flooring, windows, and doors. They provide strength, flexibility, and weather resistance in applications like sealing joints and preventing water or air infiltration.
-
Automotive: Adhesive tapes find extensive use in the automotive industry for various applications such as bonding components, attaching trim, insulating wires, and securing panels. They offer vibration damping, noise reduction, and high-temperature resistance.
-
Electrical and Electronics: Adhesive tapes are widely employed in the electrical and electronics industry for insulating and protecting wires, cables, and electronic components. They provide electrical insulation, heat dissipation, and protection against moisture and dust.
-
Healthcare: Adhesive tapes are essential in the healthcare sector for applications like bandaging, wound care, and surgical procedures. They offer secure adhesion, conformability, and gentle removal from the skin.
-
Retail and Consumer Goods: Adhesive tapes are commonly used in various retail and consumer products, including stationery, office supplies, DIY projects, and household applications. They serve purposes such as mounting, fixing, and attaching items.
-
Aerospace and Defense: Adhesive tapes play a crucial role in the aerospace and defense industries for applications like bonding composite materials, aircraft interiors, and structural assemblies. They provide lightweight solutions, high strength, and resistance to extreme conditions.
The adhesive tapes market has several key players that are prominent in the industry. Here are some of the leading companies in the adhesive tapes market
- 3M Company (US)
- tesa SE (Germany)
- Nitto Denko Corporation (Japan)
- LINTEC Corporation (Japan)
- Intertape Polymer Group (Canada)
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=251563138
The 3M Company offers a broad range of products including adhesives, bonding materials, coatings, and specialty materials. The company operates through four business segments, namely, Safety & Industrial, Transportation & Electronics, Healthcare, and Consumer. Through the Industrial segment, 3M offers a comprehensive range of adhesive tapes to meet the challenges in the appliances, aerospace, automotive, construction, MRO, electronics, commercial, transportation, and marine industries. Along with the Specialty Six (Foil Tape, Vinyl Tape, Glass Cloth Tape, Polyester Tape, PTFE Tape, and UHMW Tape), the company has an extensive portfolio of options for every application. 3M manufactures more than 60,000 products which are used in different industries, homes, institutions, and businesses. It has 89 manufacturing and converting facilities in 30 countries.
Polypropylene (PP)-backed adhesive tapes accounted largest share of the global adhesive tapes market during forecasted period.
Polypropylene-backed adhesive tapes are recyclable, flexible, water & abrasion-resistant, and strong. These tapes accommodate both smooth and irregular surfaces effectively. PP adhesive tapes comes with or without adhesives. It is also referred to as mono-axial-oriented polypropylene (MOPP) film, biaxially oriented polypropylene (BOPP) film, , fiberglass-reinforced filament polypropylene film, and tensilized polypropylene (TPP) film. Based on the chemistry, PP adhesive tapes are usually used for electrical insulation applications. These tapes cannot be printed with ink or made wet by adhesives due to their low hydrophilicity.
Asia Pacific is the largest consumer of PP adhesive tapes. These tapes cater to a wide variety of industries in the fast-moving consumer goods (FMCG) sector which is growing rapidly due to factors such as increasing urban population, demand for pharmaceutical supplies, increasing consumer awareness, and growth of the e-commerce industry. Demand for adhesive tapes is also increasing in applications such as medium & heavy-duty carton sealing, gift wrapping & decoration, general-purpose repairs, bundling & strapping, and stationery. Market growth is driven by the increasing demand from India, South Korea, China, Indonesia, and other countries.
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=251563138
Commodity adhesive tapes likely to account a largest share of the global adhesive tapes market during the forecast period.
Commodity adhesive tapes accounted for a higher share of the overall adhesive tapes market, in terms of volume, in 2022. High demand for commodity tapes is from the continuously growing retail and packaging industry. These tapes are also used to pack goods for shipments in bulk quantities hence trending e-commerce industry is also boosting the commodity adhesive tapes. Moreover, the rising number of SMEs are likely to lead to an growing demand for office supplies, which will ultimately increase demand for these tapes.
Asia Pacific region likely to account the largest share of the global polyurea coatings market during forecasted period.
The Asia Pacific is the largest adhesive tapes market, in terms of both, value and volume, and is projected to be the fastest-growing market during the forecast period. The plast decade have seen significant economic growth in the region. As of 2018, the population of the region's fastest-growing consumer nations, China and India, was over XX billion, according to the Population Reference Bureau. With rapidly growing income and the fastest-growing middle class population, this is expected to become an increasingly important driver for a various global end-use industries, including electrical & electronics, packaging, healthcare, and automotive.