PUBLISHER: 360iResearch | PRODUCT CODE: 1471245
PUBLISHER: 360iResearch | PRODUCT CODE: 1471245
[190 Pages Report] The Structural Adhesive Tapes Market size was estimated at USD 8.11 billion in 2023 and expected to reach USD 8.45 billion in 2024, at a CAGR 4.26% to reach USD 10.87 billion by 2030.
Structural adhesive tapes are high-performance tapes designed to provide strong and durable bonds for various end-use applications. These tapes consist of a carrier material such as film and tissue coated with an adhesive that forms a stable bond between two surfaces while maintaining flexibility, strength, and long-term durability. Structural adhesive tapes are widely employed in several industries owing to their versatile nature. Some common applications include automotive assembly, aerospace manufacturing, construction, electronics manufacturing, appliance assembly, packaging, and signage. Rising technological advancements in adhesive materials and processes and increasing demand for lightweight materials in the aerospace and automotive sectors are driving the growth of the structural adhesive tapes market. Expanding urbanization with rising construction projects and growing consumer electronics require higher efficiency production methods, thereby elevating the demand for structural adhesive tapes. Stringent environmental regulations affecting the production and use of certain adhesive materials and the availability of alternative bonding techniques such as welding, riveting, and mechanical fasteners are hampering market growth. Growing nanotechnology advancements that support the development of innovative products with superior mechanical properties and adhesion performance are expected to create opportunities for market growth.
KEY MARKET STATISTICS | |
---|---|
Base Year [2023] | USD 8.11 billion |
Estimated Year [2024] | USD 8.45 billion |
Forecast Year [2030] | USD 10.87 billion |
CAGR (%) | 4.26% |
Resin Type: Growing preference for cyanoacrylate adhesive that offer substrate compatibility, and processing conditions
Acrylic adhesive tapes offer excellent resistance to UV radiation, temperature fluctuations, and chemicals. Anaerobic acrylic adhesives are designed for applications requiring rapid curing without oxygen exposure. These adhesives provide high-strength bonding on metal surfaces and are ideal for thread-locking and shaft-mounting applications. Cyanoacrylate adhesive tapes offer instant bond strength with minimal surface preparation. Also known as "superglue," these adhesives are preferred in applications where rapid assembly is crucial, such as electronics manufacturing and automotive component assembly. Epoxy-based adhesive tapes provide a versatile bonding solution with high-strength capabilities over various substrates, including metals, ceramics, glass, wood, and plastics. Epoxies have been widely used in aerospace, construction projects, and industrial maintenance applications due to their superior chemical resistance and durability. Silicone adhesive tapes are preferred for applications requiring flexibility and high-temperature resistance. These adhesives withstand extreme temperatures ranging from -60°C to 200°C and are commonly used in the automotive, aerospace, and electronics industries.
Backing Material: Rising application of fabric-based tapes that offer superior strength and durability suited for heavy-duty industrial applications
Fabric-based structural adhesive tapes are known for their versatility, strength, and durability. They are commonly used in industries such as automotive, aerospace, construction, and consumer goods. This type of tape provides excellent tensile strength and can withstand harsh environmental conditions. Filmic structural adhesive tapes are thin, flexible, and offer superior bonding capabilities. They are widely used across industries such as electronics, healthcare, packaging, and graphic arts due to their excellent adhesion properties on various substrates such as metal, plastic, glass, and paper. Foam-based structural adhesive tapes provide cushioning, insulation, and sound-dampening properties, which make them ideal for applications in construction, automotive interiors, and electronics sectors, among others. These tapes exhibit excellent gap-filling capabilities while maintaining a strong bond between different surfaces due to their conformable nature. Non-woven structural adhesive tapes are known for their flexibility and conformability, making them suitable for applications that require excellent bonding on irregular or textured surfaces. They find extensive use in industries such as automotive, healthcare, and construction.
End-User: Emerging potential of structural adhesive tapes in automotive & transportation sector
The automotive & transportation industry widely uses structural adhesive tapes for bonding various components, such as body panels, windows, and trim elements. These tapes offer lightweighting benefits, improved acoustic performance, and increased durability compared to traditional fastening methods. Structural adhesive tapes are increasingly being preferred in the building and construction sector due to their excellent adhesion properties on a wide range of materials such as glass, wood, metal, and plastic. They provide seamless bonding solutions for applications such as window sealing, panel fixing, and insulation attachment. The healthcare sector utilizes structural adhesive tapes for applications such as medical device assembly, wound care, and fixation of medical components. These tapes are designed to meet stringent sterility requirements and offer excellent skin adhesion properties without causing irritation or damage. Structural adhesive tapes have gained traction in renewable energy applications including solar panels and wind turbines due to their ability to withstand extreme environmental conditions while providing strong bonding and sealing capabilities. They help in enhancing the durability and efficiency of these systems by reducing mechanical stress on components and preventing corrosion.
Regional Insights
High demand of structural adhesive tapes from industries such as automotive, aerospace, construction, and packaging contributes to the growth of the market in the Americas. Continuous innovations in material technologies and a constant push towards sustainability in using s in the Americas are leading to the development of novel adhesive solutions such as recyclable and bio-based materials. Countries in Europe exhibit growth potential for structural adhesive tapes, driven by stringent regulations on environmental sustainability and lightweight efforts in the automotive sectors. The Middle East showcases rising demand for advanced adhesive products in construction projects due to rapid urbanization. The availability of a strong manufacturing base across various end-user industries such as electronics, automotive, and consumer goods expands the scope of structural adhesive tapes in Asia-Pacific.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Structural 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 Structural 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 Structural Adhesive Tapes Market, highlighting leading vendors and their innovative profiles. These include 3M Company, AE-Tronic (M) Sdn Bhd, Ashland Global Holdings Inc., Avery Denninson Corporation, Berry Global Inc., Compagnie de Saint-Gobain S.A., H.B. Fuller Company, Henkel AG & Co. KGaA, L&L Products, Lintec Corporation, Lohmann GmbH & Co. KG, Nitto Denko Corporation, Oribay Group Automotive, Scapa Group PLC, Scott Bader Company Ltd., SEKISUI CHEMICAL CO., LTD., Sika AG, SSA Europe Ges.m.b.H, Tesa Tapes (India) Pvt. Ltd., and The Dow Chemical Company.
Market Segmentation & Coverage
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.
1. What is the market size and forecast of the Structural Adhesive Tapes Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Structural Adhesive Tapes Market?
3. What are the technology trends and regulatory frameworks in the Structural Adhesive Tapes Market?
4. What is the market share of the leading vendors in the Structural Adhesive Tapes Market?
5. Which modes and strategic moves are suitable for entering the Structural Adhesive Tapes Market?