Global Adhesive Tapes Market - 2022-2029

Market Overview

The global adhesive tapes market size was worth US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029).

An adhesive tape comprises a sticky chemical film and a backing substance used to temporarily or permanently assemble and connect things. Paper, plastic, foam, fabric and foil are commonly used as backing materials, with a release liner on one side. The tape's adhesive is a viscoelastic substance that adheres to when pressure is applied and is frequently moisture sensitive. Compared to their counterparts, these tapes are less dirty, save time and are more convenient.

There is the widespread use of adhesive tapes in various industries such as automotive and food & beverage. Automotive manufacturers increasingly use adhesive tapes instead of mechanical fasteners like bolts and screws to reduce vehicle weight and improve fuel efficiency. Adhesive tapes are commonly used for wound care, medical device assembly, electrode attachment to the skin and cover shield fixation during surgeries.

Skin-friendly adhesive tapes are also commonly used in producing newborn and adult diapers. Additionally, the market has benefited from the rising demand for environmentally friendly water-based adhesive materials and the advent of recyclable tapes derived from biodegradable polymers. Furthermore, the growing popularity of online shopping is driving up demand for retail packaging and delivery materials, resulting in a higher demand for adhesive tapes around the world.

Market Dynamics

In the healthcare, electrical & electronics and automotive industries, adhesive tapes are in great demand since manufacturers focus on delivering a new variety of goods with improved features. In addition, healthcare services, awareness of hygiene goods, infrastructure expansion and technological equipment upgrades drive increased demand for adhesive tapes. Manufacturers focus more on heat and weather-resistant properties in their tapes, driving the adhesive tapes market.

The growing demand from the automotive industry

Instead of utilizing nails, screws or welding, adhesive tape combines a material and an adhesive sheet to connect or join objects. Adhesive tapes allow for room-temperature use while also protecting the surface area. With increasing customer and government demands for fewer carbon emissions, increased passenger comfort, passenger safety and improved performance, weight reduction has become a crucial aspect of vehicle design. The quest for lighter and more efficient designs necessitates the development of smaller and more efficient power systems.

Moisture, salt spray, temperature variations and UV radiation are all things that automotive adhesive tapes are meant to handle. Due to the enhanced properties of adhesive tapes, such as acoustic insulating properties and vibration absorption, there has been a drastic drop in the quantity of noise within the car. Pressure-sensitive adhesive (PSA) tapes are commonly utilized to connect the outer vehicle skin to the supporting structure in specialty vehicles and transportation systems. Owing to the significant increase in sales from the automotive sector worldwide, the market for adhesive tapes is expected to grow rapidly throughout the forecast period.

A variety of distinct characteristics and benefits of adhesive tapes

Other elements driving the adoption of adhesive tapes are their varied features and benefits, such as their capacity to maintain adhesion in high-temperature ranges and stick to difficult surface conditions, which improve the reference time while implementing the target market. Adhesive tapes are used for several functions, including joint protection, sealing, fixing flooring materials and interior & exterior building work, which presents the diverse market potential for different businesses.

Strict environment laws

The regulatory authorities' regulations have stifled the expansion of the adhesive tapes market. Because of the health dangers linked with chemicals like toluene, formaldehyde and DI-2-Ethylhexyl phthalate, restrictions on their use impact the entire tapes industry. To avoid hazards, it was regulated by regulatory agencies. A rise will hamper the market in many countries adhering to tougher restrictions.

COVID-19 Impact Analysis

The COVID-19 pandemic poses significant problems to adhesives and sealant manufacturers on several fronts. COVID-19 hasn't significantly impacted raw material supplies for adhesives and sealants, except for transportation delays caused by travel restrictions and certain driver shortage difficulties. Although the situation is volatile, raw resources such as binders and resins have not become a problem.

Even though we are amid the pandemic, effective businesses will learn from their mistakes and improve their operations in the future. In the long run, the internal innovation capabilities are expected to drive short- and long-term mapping, transportation & shipping logistics and supply chain analysis, which is critical to the success of the domestic adhesive and sealant value chain.

Segment Analysis

By backing material, the adhesive tapes market is classified into PP, Paper and PVC.

Unique properties of paper adhesive tapes

Due to the pores in the backing material, paper-backed adhesive tapes are also known as micropore tapes. The tapes are manufactured of glue-coated kraft, crape, or other recyclable paper. Paper tapes with a rubber adhesive coating made of crape paper offer many applications. The tapes are non-toxic and come in various colors. Paper tapes have good adhesive, insulation and temperature endurance.

When opposed to PET adhesive tapes, paper-backed tapes give superior comfort. They are ideal for automotive, airplane & appliance production, heating, ventilation, air conditioning (HVAC) and paper & printing applications since they are thin, flexible and smooth. The raw material required to manufacture paper can significantly impact the quality of paper backing tapes. The use of paper backing material is determined by the quality of the sticky tape and for what application it is to be used.

Geographical Analysis

The growing end-use industries in Asia-Pacific

The adhesive tapes market in Asia-Pacific is the largest and is expected to develop quickly during the forecast period. Due to continued R&D and improvements in the electrical & electronics, healthcare and automotive industries, the region is experiencing considerable growth. The adhesive tapes market in rising economies such as China, India, Japan and Australia is predicted to grow significantly during the projected period.

China is most likely the largest contributor, owing to strong demand from heavy industries and consumer goods manufacturers. The country's worldwide adhesive tapes market is growing due to its socio-economic development. Furthermore, low raw material costs and easy access to low-cost labor to produce tapes with adhesion capabilities have increased the production of low-cost tapes in Asia-Pacific, contributing to the region's adhesive tapes market expansion.

Competitive Landscape

With many market competitors, the worldwide adhesive tapes market is extremely fragmented. The adhesive tapes market will have a lot of room for growth. Mergers & acquisitions, product development, partnerships, joint ventures and expansions are among the techniques enterprises use to boost their market positions regionally and globally. Market conditions, government backing and industry development determine market vendors' success. As a result, they should concentrate on developing their products, extending their regional presence and supplying a selection of adhesive tapes to satisfy the project's needs.

Key companies in the global market for adhesive tapes include 3M Company, TESA SE, Nitto Denko Corporation, Lintec Corporation, Intertape Polymer Group, Inc, Avery Dennison Corporation, Alpha Packaging, Inc, Scapa Group Plc, Rogers Corporation and Boston Tapes SPA.

Lintec Corporation

Overview: The company has grown its operations into many industries such as adhesive goods and related equipment or technical papers since its founding in 1927 as "FUJI SHOKAI," dealing with the manufacturing and sales of gummed tapes. It creates and sells goods that meet global demands by combining complex core technologies in adhesive applications, surface improvement, system development, specialty paper and release material manufacture.

Product Portfolio: Lintec Corporation offers a variety of sticky sheets & films for use as labels and seals on various objects, including sundries, food, consumer electronics and other items.

Key Development: Lintec Corporation stated in 2021 that it had agreed with Duramark Products, Inc. investors to buy out all of Duramark's stock. Duramark is a manufacturer and distributor of various adhesive products. Duramark's products include sticky papers and films for labels and graphic films, mostly sold to customers in North America.

The purchase gives Mactac instant access to production equipment that it needs to boost the capacity of its core products, adhesive sheets and films for labels. Furthermore, the adoption of Duramark's integrated production system for graphic films and in-house production will significantly aid in acquiring new commercial rights and sales. Lintec intends to grow and enhance its business in North America, Japan and other parts of the world.

its business in North America, Japan and other parts of the world.

Why Purchase the Report?

• Visualize the composition of the adhesive tapes segmentation by resin, backing material, technology, end-user and region, highlighting the critical commercial assets and players.
• Identify commercial opportunities in adhesive tapes by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of adhesive tapes - level 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players

The global adhesive tapes report would provide access to an approx. 66 market data table, 64 figures and 212 pages.

Target Audience

• Adhesive Tape Providers/ Buyers
• Industry Investors/Investment Bankers
• Packaging Industry
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Adhesive Tapes Manufacturers