Pressure Sensitive Adhesive Tape Market Report: Trends, Forecast and Competitive Analysis to 2030

Pressure Sensitive Adhesive Tape Trends and Forecast

The future of the global pressure sensitive adhesive tape market looks promising with opportunities in the packaging, electrical & electronic, medical & hygiene, construction, transportation, and consumer & office markets. The global pressure sensitive adhesive tape market is expected to reach an estimated $75.3 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are growing concerns regarding automobile light weighting across the globe, rising demand for high-performance tapes, as well as, rapid urbanization and industrialization in emerging economies.

A more than 150-page report is developed to help in your business decisions.

Pressure Sensitive Adhesive Tape by Segment

The study includes a forecast for the global pressure sensitive adhesive tape by backing material, resin type, end use, and region.

Pressure Sensitive Adhesive Tape Market by Backing Material [Shipment Analysis by Value from 2018 to 2030]:

• Polypropylene
• Paper
• PVC
• Others

Pressure Sensitive Adhesive Tape Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]:

• Acrylic
• Silicone
• Rubber
• Others

Pressure Sensitive Adhesive Tape Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Packaging
• Electrical & Electronics
• Medical & Hygiene
• Construction
• Transportation
• Consumer & Office
• Others

Pressure Sensitive Adhesive Tape Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Pressure Sensitive Adhesive 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 pressure sensitive adhesive tape companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pressure sensitive adhesive tape companies profiled in this report include-

• 3M Company
• Nitto Denko
• Tesa
• Lintec
• Intertape Polymer

Pressure Sensitive Adhesive Tape Market Insights

Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to increasing demand for high-performance and durable adhesive tapes.

APAC will remain the largest region over the forecast period due to rapid growth of the manufacturing and electronics industries, as well as, rising infrastructural activities in countries such as, China and India.

Features of the Global Pressure Sensitive Adhesive Tape Market

Market Size Estimates: Pressure sensitive adhesive 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: Pressure sensitive adhesive tape market size by backing material, resin type, end use, and region in terms of value ($B).

Regional Analysis: Pressure sensitive adhesive tape market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different backing material, resin type, end use, and regions for the pressure sensitive adhesive tape market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pressure sensitive adhesive tape market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the pressure sensitive adhesive tape market size?

Answer: The global pressure sensitive adhesive tape market is expected to reach an estimated $75.3 billion by 2030.

Q.2 What is the growth forecast for pressure sensitive adhesive tape market?

Answer: The global pressure sensitive adhesive tape market is expected to grow with a CAGR of 6.0% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the pressure sensitive adhesive tape market?

Answer: The major drivers for this market are growing concerns regarding automobile light weighting across the globe, rising demand for high-performance tapes, as well as, rapid urbanization and industrialization in emerging economies.

Q4. What are the major segments for pressure sensitive adhesive tape market?

Answer: The future of the global pressure sensitive adhesive tape market looks promising with opportunities in the packaging, electrical & electronic, medical & hygiene, construction, transportation, and consumer & office markets.

Q5. Who are the key pressure sensitive adhesive tape market companies?

Answer: Some of the key pressure sensitive adhesive tape companies are as follows:

• 3M Company
• Nitto Denko
• Tesa
• Lintec
• Intertape Polymer

Q6. Which pressure sensitive adhesive 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 increasing demand for high-performance and durable adhesive tapes.

Q7. In pressure sensitive adhesive 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 rapid growth of the manufacturing and electronics industries, as well as, rising infrastructural activities in countries such as, China and India.

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 pressure sensitive adhesive tape market by backing material (polypropylene, paper, pvc, and others), resin type (acrylic, silicone, rubber, and others), end use (packaging, electrical & electronics, medical & hygiene, construction, transportation, consumer & office, 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?