Market Research Report
Global Foam Tape Market Analysis, 2013-2023
|Published by||Market Krystal||Product code||725252|
|Published||Content info||120-150 Pages
Delivery time: 1-2 business days
|Global Foam Tape Market Analysis, 2013-2023|
|Published: June 1, 2018||Content info: 120-150 Pages||
Foam tape is an adhesive material. It helps to bind everyday life products together. Depending on resin type, foam tape offers different categories as acrylic, rubber, silicone etc. The categories reflect adhesive strength of foam tape depending on resin mix during manufacturing process. Further solvent based, water based, and hot melt based are various segments of foam tape technology. As an adhesive substance it covers diverse industries.
Electric and electronics, construction and building are leading industries making use of foam tape. Also, paper and printing industry requires foam tape for multiple applications. Depending on type of resin it uses during manufacturing, different materials use different types of foam tape according to adhesive strength required. It provides effective bond to many substances like metals, plastics, painted and unpainted surfaces, glass, and wood.
The global foam tapes market report throws light on the current market conditions prevailing in the market by conducting over 306 hours of primary and secondary research. In accordance to the report, the global foam tapes market is expanding itself throughout the globe rapidly. The global foam tapes market is valued at US $ xxx million dollars in 2018 which is expected to reach an impressive value of US $ xxx million dollars growing at an annual growth of xx% till 2023.
Rising urbanization has increased the demand for foam tapes in more advance products. Foam tape sticks together our daily life products such as electrical or electronic devices, automotive parts which can tear apart frequently. Also, building and construction materials require foam tape to bind all items together and make them durable. Various alternatives are available for foam tape. Best quality adhesion and lower cost, this blend is not possible in foam tape. People tend to buy alternatives to foam tape as well. This can hamper the growth of foam tape market significantly.
Countries from Asia Pacific region i.e. India, China, Vietnam and Indonesia focus on manufacturing best quality foam tape and supply it to various countries globally. Along with Asia Pacific countries, U.S, Germany, Japan, Canada and UK are also manufacturing significant quantities of foam tape for different purposes.
Key players in global foam tape market are 3M Company, Nitto Denko Corporation, Tesa SE, Lintec Corporation, Intertape Polymer Group, Inc., Avery Dennison Corporation, HALCO, 3F, and Scapa Group Plc.
The research process starts with the segmenting the global foam tapes market, identifying the growth elements in each segment and conducting market forecasts. Market forecasts are done by taking into consideration the insights given by the business leaders from across the world in the foam tapes industry value chain. Market Krystal hence conducted over 45 interviews for this study, the of the study are given below:
By company type: Manufacturers (45%), Suppliers (15%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography: North America (25%), Asia (40%), Europe (35%)
By designation: Top level (40%), Operation level (35%), Mid-level (25%)