Adhesive Tapes Market was valued at US$ 66.50 Bn. in 2022 and the total Adhesive Tapes revenue is expected to grow at 5.9% from 2023 to 2029, reaching nearly US$ 99.34 Bn.

Market Overview:

This study’s purpose is to give an overview of the Adhesive Tapes market as well as extensive market segmentation based on segments, and geography. The report includes vital information on the market positions of the major Adhesive Tapes companies, as well as notable industry trends and prospects.

The report also focuses on the leading industry players in the Adhesive Tapes market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information. This research looks into Adhesive Tapes Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This study examines the whole Adhesive Tapes Market Size from a worldwide standpoint, evaluating historical data and forecasts.

Market Scope:

The report also focuses on the leading industry players in the Adhesive Tapes market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information.

Segmentation:

By End-Use Industry, the automotive segment is expected to grow at a CAGR of 7.8% during the forecast period. The automotive industry is a broad sector comprised of several organizations, firms, and industrial units that are either directly or indirectly connected with resin and tape manufacturers. These organizations are involved in the design, development, manufacturing, assembling, marketing, and selling of various automobiles. It is estimated that around 800,000-900,000 square meters of adhesive tapes may be used to serve this industry. Every day, these many adhesive tapes are used to connect and assemble the 2 to 5-kilometer wires that run inside a new automobile. Up to 50 adhesive tapes can be simply used in a single new vehicle. Adhesive tapes are commonly used to join various components to safeguard the assembly line process. They are used to fill production-related gaps or to hold trims/sills in place. These tapes are frequently used to grip screws and bolts so that chairs and dashboards may easily stay in place. During the painting of motor vehicles, several design departments utilize industrial tapes.

The building and construction segment is expected to grow at a CAGR of 7.1% during the forecast period. When it comes to constructive bonding in the design or building sector, industrial adhesive tapes are quite beneficial. It is not unreasonable to state that the majority of the components in current design buildings are held together using industrial tapes. Then there are numerous applications in elevators, windows, display windows, doors, glass partitions, skyscraper facades, and solar parts of the structure. Although it is obvious that designs, materials, construction techniques, and other needs are dependent on the architect's vision, when it comes to the development of structures, adhesive industrial tapes must offer a variety of technological options. These tapes are well-known for providing the necessary flexibility, durability, and speed in bonding, planning, and constructing buildings.

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Key Players:

Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the Adhesive Tapes market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide Adhesive Tapes industry.

• ABI Tape
• Adchem
• ADH Tape
• Adhesives Research
• Advance
• AFTC
• ATP
• Avery-Dennison
• Bagla Group
• Berry Global
• Bolex
• BondTape
• Bron
• Cantech
• Cattie Adhesives
• CCT
• Champion Tape
• Coroplast
• Dewal
• DIC
• Dow
• Essentra
• Fabrico
• Gorilla Glue Company
• Henkel
• Heskins
• Inter Polymer Group (IPG)
• ITC Tapes
• ITW
• Jonson Tapes
• JTape

Regional Analysis:

The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the Adhesive Tapes market in these regions.

COVID-19 Impact Analysis on Adhesive Tapes Market:

As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19’s impact on the Adhesive Tapes market and will help you build your business in compliance with the new industry standards.

Key Questions Answered in the Adhesive Tapes Market Report are:

What will be the CAGR of the Adhesive Tapes market during the forecast period?
Which segment emerged as the leading segment in the Adhesive Tapes market?
Which are the prominent players in the Adhesive Tapes market?
What will be the Adhesive Tapes market size by 2027?
Which company held the largest share in the Adhesive Tapes market?


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