Pressure Sensitive Adhesive Tapes Market by Type, Technology, Adhesive Material, End-user Vertical

Description

List of Tables

[197 Pages Report] The Pressure Sensitive Adhesive Tapes Market size was estimated at USD 69.09 billion in 2023 and expected to reach USD 72.42 billion in 2024, at a CAGR 4.90% to reach USD 96.59 billion by 2030.

Global Pressure Sensitive Adhesive Tapes Market

KEY MARKET STATISTICS
Base Year [2023]	USD 69.09 billion
Estimated Year [2024]	USD 72.42 billion
Forecast Year [2030]	USD 96.59 billion
CAGR (%)	4.9%

Pressure Sensitive Adhesive Tapes Market - IMG1

Pressure-sensitive adhesive (PSA) tapes adhere to a surface when pressure is applied. These tapes do not require heat, water, or solvent activation for bonding as they rely on applying pressure to create a bond. PSA tapes are versatile and extensively used in various industries and everyday applications, from simple household tasks to complex industrial processes. Technological advancements in adhesive materials and tape manufacturing improve performance and increase demand from end-user industries owing to product innovations driving the market landscape. Growth in the automotive and electronics sectors, where PSA tapes are indispensable for various functions, and a shift toward eco-friendly and biodegradable materials in response to environmental sustainability concerns further increase market growth. However, fluctuations in raw material prices lead to inconsistent cost structures, stringent environmental regulations curtailing certain adhesive chemicals, and inadequate recycling and disposal methods for used tapes, raising environmental concerns that hamper the market growth. Developing smart adhesives that can respond to environmental stimuli for advanced applications, exploiting untapped markets in developing regions with growing industrial infrastructures, and innovating in specialty tapes tailored for niche applications in various industries pose significant opportunities in the market landscape.

Regional Insights

The pressure-sensitive adhesive (PSA) tapes market in the Americas is characterized by a high degree of innovation and focus on specialized products. The region has a significant demand for PSA tapes in the healthcare, automotive, and construction sectors. There is a strong inclination toward products that offer advanced functionalities. The regional market is driven by the packaging industry and the inclination toward using environmentally sensitive products. Strategic investments by major players aim to expand production facilities and research and development (R&D) centers, focusing on sustainable and smart adhesive solutions. The European Union has stringent regulatory standards focusing on reducing the environmental impact of PSA tapes. High-strength tapes are preferred over traditional fastening methods. The PSA tapes market in the Middle East is growing, bolstered by the construction boom and the retail sector's expansion with a significant focus on tapes used in the oil & gas industry. The EU is backing research projects that align with its environmental goals, while countries in the Middle East and Africa are looking into expanding their manufacturing sectors, partly through foreign investments and trade. The APAC region has emerged as a major player in the pressure-sensitive adhesive (PSA) tapes market, driven by rapidly expanding industrial sectors and increasing manufacturing activities. This region has a strong consumer tendency toward cost-effective and versatile products, leading to high demand for PSA tapes in the automotive, electronics, and packaging industries, further driving the market growth in the region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Pressure Sensitive Adhesive Tapes Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Pressure Sensitive Adhesive Tapes Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Pressure Sensitive Adhesive Tapes Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Advance Tapes International Ltd., Ahlstrom Oyj, American Biltrite Inc., Arkema Group, Ashland Inc., Avery Dennison Corporation, BASF SE, Berry Global, Inc., CCL Industries Inc., Clarient AG, Constantia Flexibles, Coveris Management GmbH, DIC CORPORATION, DOW Chemical Company, Ester Chemical Industries Pvt. Ltd., Evonik Industries AG, Fuji Seal International, Inc., Gaska Tape Inc., H.B. Fuller Company, Henkel AG & Company KGaA, Intertape Polymer Group Inc., KIKUSUI TAPE CO., LTD., Lohmann GmbH & Co.KG, Mactac Americas, LLC by LINTEC Corporation, Mapei SpA, Mitsubishi Chemical Holdings Corporation, Nitto Denko Corporation, Saint-Gobain group, Shurtape Technologies, LLC, Sika AG, tesa SE, TOYOCHEM CO., LTD., VIGteQnos Co., Ltd., and Zhongshan New Asia Adhesive-Product Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Pressure Sensitive Adhesive Tapes Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Double-Sided Tapes
- Single-Sided Tapes
Technology
- Hot-Melt Based
- Solvent-Based
- Water-Based
Adhesive Material
- Acrylic
- Rubber
- Silicone
End-user Vertical
- Automotive & Transportation
- Building & Construction
- Consumer Goods
- Electronics, Electrical & Telecommunication
- Industrial Assembly
- Medical & Healthcare
- Packaging
- Paper & Printing Industry
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Pressure Sensitive Adhesive Tapes Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Pressure Sensitive Adhesive Tapes Market?

3. What are the technology trends and regulatory frameworks in the Pressure Sensitive Adhesive Tapes Market?

4. What is the market share of the leading vendors in the Pressure Sensitive Adhesive Tapes Market?

5. Which modes and strategic moves are suitable for entering the Pressure Sensitive Adhesive Tapes Market?

Product Code: MRR-A42893A5990E

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Pressure Sensitive Adhesive Tapes Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Significant usage of pressure-sensitive adhesive tapes in the healthcare industry
  - 5.1.1.2. Increasing demand for PSA tapes from the automotive and packaging sector
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuation in raw materials prices of pressure sensitive adhesive tapes
- 5.1.3. Opportunities
  - 5.1.3.1. New developments in pressure sensitive adhesive tapes
  - 5.1.3.2. Increasing usage of silicone pressure sensitive adhesives
- 5.1.4. Challenges
  - 5.1.4.1. Failure issues associated with pressure sensitive adhesive tapes
5.2. Market Segmentation Analysis
- 5.2.1. Type: Significant utilization of double-sided tapes across applications requires invisible bonding
- 5.2.2. Technology: Proliferating utilization of solvent-based tapes in harsh conditions environment
- 5.2.3. Adhesive Material: Acrylic pressure-sensitive adhesives (PSAs) provide long-term bonding and offer better temperature resistance
- 5.2.4. End-user Vertical: Potential demand for pressure-sensitive tapes in the healthcare industry
5.3. Market Trend Analysis
- 5.3.1. Significant investment in infrastructure development to propel the growth of pressure-sensitive adhesive tapes in the Americas
- 5.3.2. Expanding use of pressure sensitive adhesive tapes across manufacturing and packaging sectors of Asia-Pacific region
- 5.3.3. Emphasis on development and adoption of sustainable pressure sensitive adhesive tapes across the EMEA region
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Pressure Sensitive Adhesive Tapes Market, by Type

6.1. Introduction
6.2. Double-Sided Tapes
6.3. Single-Sided Tapes

7. Pressure Sensitive Adhesive Tapes Market, by Technology

7.1. Introduction
7.2. Hot-Melt Based
7.3. Solvent-Based
7.4. Water-Based

8. Pressure Sensitive Adhesive Tapes Market, by Adhesive Material

8.1. Introduction
8.2. Acrylic
8.3. Rubber
8.4. Silicone

9. Pressure Sensitive Adhesive Tapes Market, by End-user Vertical

9.1. Introduction
9.2. Automotive & Transportation
9.3. Building & Construction
9.4. Consumer Goods
9.5. Electronics, Electrical & Telecommunication
9.6. Industrial Assembly
9.7. Medical & Healthcare
9.8. Packaging
9.9. Paper & Printing Industry

10. Americas Pressure Sensitive Adhesive Tapes Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Pressure Sensitive Adhesive Tapes Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Pressure Sensitive Adhesive Tapes Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
  - 13.3.1.1. Rotunda Capital Partners Buys Bron Tapes
  - 13.3.1.2. Arkema Finalizes the Acquisition of Ashland's Performance Adhesives Business
- 13.3.2. Agreement, Collaboration, & Partnership
  - 13.3.2.1. C-Therm and Tesa Tape - a Partnership that Sticks
  - 13.3.2.2. H.B. Fuller Partners with Enimac to Strengthen eCommerce Packaging
- 13.3.3. New Product Launch & Enhancement
  - 13.3.3.1. Ahlstrom Promotes Plastic-Free Packaging by Offering Innovative Paper Tape Solutions
  - 13.3.3.2. H.B. Fuller Reveals Pressure-Sensitive Adhesive Range With 'no Look' And 'near-Zero-Co2' Properties
  - 13.3.3.3. Avery Dennison Launches New Cold Tough Adhesive Portfolio
  - 13.3.3.4. EPS Launches Innovative Resin for Pressure-Sensitive Adhesives
  - 13.3.3.5. Ahlstrom Introduces Release Liners for Pressure-Sensitive Tapes
  - 13.3.3.6. Arkema Launches Integrated Pressure Sensitive Adhesive Offering
  - 13.3.3.7. Bostik Unveils Two New Tape and Label Adhesives in India to Bolster the Manufacturing Industry and Support the Shift Towards Circular Economy

14. Competitive Portfolio

14.1. Key Company Profiles
- 14.1.1. 3M Company
- 14.1.2. Advance Tapes International Ltd.
- 14.1.3. Ahlstrom Oyj
- 14.1.4. American Biltrite Inc.
- 14.1.5. Arkema Group
- 14.1.6. Ashland Inc.
- 14.1.7. Avery Dennison Corporation
- 14.1.8. BASF SE
- 14.1.9. Berry Global, Inc.
- 14.1.10. CCL Industries Inc.
- 14.1.11. Clarient AG
- 14.1.12. Constantia Flexibles
- 14.1.13. Coveris Management GmbH
- 14.1.14. DIC CORPORATION
- 14.1.15. DOW Chemical Company
- 14.1.16. Ester Chemical Industries Pvt. Ltd.
- 14.1.17. Evonik Industries AG
- 14.1.18. Fuji Seal International, Inc.
- 14.1.19. Gaska Tape Inc.
- 14.1.20. H.B. Fuller Company
- 14.1.21. Henkel AG & Company KGaA
- 14.1.22. Intertape Polymer Group Inc.
- 14.1.23. KIKUSUI TAPE CO., LTD.
- 14.1.24. Lohmann GmbH & Co.KG
- 14.1.25. Mactac Americas, LLC by LINTEC Corporation
- 14.1.26. Mapei SpA
- 14.1.27. Mitsubishi Chemical Holdings Corporation
- 14.1.28. Nitto Denko Corporation
- 14.1.29. Saint-Gobain group
- 14.1.30. Shurtape Technologies, LLC
- 14.1.31. Sika AG
- 14.1.32. tesa SE
- 14.1.33. TOYOCHEM CO., LTD.
- 14.1.34. VIGteQnos Co., Ltd.
- 14.1.35. Zhongshan New Asia Adhesive-Product Co., Ltd.
14.2. Key Product Portfolio

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing