According to a new market research report published by Global Insight Services “ Structural Adhesive Tapes Market is expected to reach US$ XX 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.
Structural adhesive tapes are a class of tapes that are designed to provide structural support in a wide variety of applications. These tapes are typically made from high-strength materials such as Kevlar or carbon fiber, and they are often used in applications where traditional fasteners would not be able to provide the same level of support. Structural adhesive tapes can be used to reinforce joints, attach components to surfaces, and provide additional support in a wide variety of other applications.
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Top Key Players in Structural Adhesive Tapes market: 3M, Avery Dennison Corporation, Berry Global Inc., Intertape Polymer Group, LINTEC Corporation, Lohmann GmbH & Co.KG ,Nitto Denko Corporation, Rogers Corporation
Key Trends
Some of the key trends in structural adhesive tapes technology include:1. Increased use of high-strength adhesives: High-strength adhesives are becoming increasingly popular for use in structural adhesive tapes due to their superior bonding strength and durability.2. Improved weather resistance: Newer formulations of structural adhesive tapes are designed to resist degradation from UV light and moisture, making them ideal for outdoor applications.
Key Drivers
The key drivers of the Structural Adhesive Tapes market are the growing demand for lightweight vehicles, the increasing use of composites in the automotive industry, and the growing construction industry.The demand for lightweight vehicles is driven by the need to reduce fuel consumption and emissions. Composites are used in the construction of lightweight vehicles to reduce weight and improve fuel efficiency.
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Market Segments
The market is segmented by resin type, backing material, end-use and region. By resin type, the market is classified into acrylics, rubber, silicone and others . By backing material, the market is divided into PVC, paper, woven/non-woven, PET and others . By end-use, the market is bifurcated into automotive, healthcare, electronics & electrical, renewable energy and others. By region the market is segmented into North America, Europe, Asia-Pacific and rest of the world.
Reasons to buy Structural 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?
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