According to a new market research report published by Global Insight Services “ Automotive Adhesive Tapes Market is expected to reach US$ bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Automotive adhesive tapes are used to bond various automotive components together. They are typically made from pressure-sensitive adhesives, which are pressure-activated adhesives that form a bond when pressure is applied. Automotive adhesive tapes can be used to bond a variety of materials, including metal, plastic, and glass.
Top Key Players in Automotive Adhesive Tapes market: Dow Chemical Company, Avery Dennison Corporation, 3M Company, HB fuller, Tesa SE, Intertape Polymer Group,
Key Trends
Increased use of acrylic adhesives: Acrylic adhesives are becoming increasingly popular for use in automotive applications, due to their superior performance in terms of heat resistance, UV resistance, and flexibility.
Key Drivers
The automotive adhesive tapes market is driven by the need for vehicle lightweighting and the increasing demand for electric vehicles. The use of adhesive tapes in automotive applications helps in reducing the overall weight of the vehicle, which is a key factor in improving fuel efficiency and reducing emissions. Additionally, electric vehicles are expected to gain popularity in the coming years, as they are more environment-friendly than traditional gasoline-powered vehicles. Automotive adhesive tapes are used extensively in electric vehicles, as they help in reducing the overall weight of the vehicle and improve the range and efficiency of the battery.
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Market Segments
The Automotive Adhesive Tapes Market is segmented based on product, material, adhesive type and region. On the basis of product, the market is divided into single side, double side, transfer tape, and others. By material, it is categorized into polypropylene, polyvinyl chloride, paper, and others. By adhesive type, it is classified into silicon, rubber, acrylic, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and the Rest of the World.
Reasons to buy Automotive Adhesive Tapes Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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