Double-Sided Tape Trends and Forecast
The future of the global double-sided tape market looks promising with opportunities in the automotive, building & construction, and electrical & electronic sectors. The global double-sided tape market is expected to reach an estimated $16.8 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing product demand within the packaging sector, growing demand for flexible and wearable electronics, and rising usage of this product in electric vehicle.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Double-Sided Tape by Segment
The study includes a forecast for the global double-sided tape by resin type, technology, end use industry, and region.
Double-Sided Tape Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]:
• Acrylic
• Rubber
• Silicone
• Others
Double-Sided Tape Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Solvent-Based
• Water-Based
• Hot-Melt Based
Double-Sided Tape Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• Automotive
• Building & Construction
• Electrical & Electronics
• Others
Double-Sided Tape Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Double-Sided Tape Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies double-sided tape companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the double-sided tape companies profiled in this report include-
• 3M
• Advance Tapes
• Avery Dennison
• Berry Global
• Guangzhou Broadya Adhesive Products
• Intertape Polymer
• Lintec
• Lohmann
• Nichiban
• Nitto Denko
Double-Sided Tape Market Insights
Double-Sided Tape Market Insights
Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to its ability to stick to difficult materials like glass, metal, and plastics as well as its resistance to UV light and temperature.
Within this market, building & construction will remain the largest segment due to considerable use of double sided tapes in this sector owing to its clean and straightforward way to mount signs, mirrors, panels, and other construction materials, allowing for quick installation and flexibility in design.
APAC will remain the largest region over the forecast period due to extensive demand for double sided tapes among various end use industries, such as automotive, aerospace, and consumer electronics in the region.
Features of the Global Double-Sided Tape Market
Market Size Estimates: Double-sided tape market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Double-sided tape market size by resin type, technology, end use industry, and region in terms of value ($B).
Regional Analysis: Double-sided tape market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different resin types, technologies, end use industries, and regions for the double-sided tape market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the double-sided tape market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the double-sided tape market size?
Answer: The global double-sided tape market is expected to reach an estimated $16.8 billion by 2030.
Q2. What is the growth forecast for double-sided tape market?
Answer: The global double-sided tape market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the double-sided tape market?
Answer: The major drivers for this market are increasing product demand within the packaging sector, growing demand for flexible and wearable electronics, and rising usage of this product in electric vehicle.
Q4. What are the major segments for double-sided tape market?
Answer: The future of the double-sided tape market looks promising with opportunities in the automotive, building & construction, and electrical & electronic sectors.
Q5. Who are the key double-sided tape market companies?
Answer: Some of the key double-sided tape companies are as follows:
• 3M
• Advance Tapes
• Avery Dennison
• Berry Global
• Guangzhou Broadya Adhesive Products
• Intertape Polymer
• Lintec
• Lohmann
• Nichiban
• Nitto Denko
Q6. Which double-sided tape market segment will be the largest in future?
Answer: Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to its ability to stick to difficult materials like glass, metal, and plastics as well as its resistance to UV light and temperature.
Q7. In double-sided tape market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to extensive demand for double sided tapes among various end use industries, such as automotive, aerospace, and consumer electronics in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the double-sided tape market by resin type (acrylic, rubber, silicone, and others), technology (solvent-based, water-based, and hot-melt based), end use industry (automotive, building & construction, electrical & electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Double-Sided Tape Market, Double-Sided Tape Market Size, Double-Sided Tape Market Growth, Double-Sided Tape Market Analysis, Double-Sided Tape Market Report, Double-Sided Tape Market Share, Double-Sided Tape Market Trends, Double-Sided Tape Market Forecast, Double-Sided Tape Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.