PUBLISHER: Lucintel | PRODUCT CODE: 1416818
PUBLISHER: Lucintel | PRODUCT CODE: 1416818
The future of the global double-sided tape market looks promising with opportunities in the automotive, building & construction, and electrical & electronic sectors. The global double-sided tape market is expected to reach an estimated $16.8 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing product demand within the packaging sector, growing demand for flexible and wearable electronics, and rising usage of this product in electric vehicle.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global double-sided tape by resin type, technology, end use industry, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies double-sided tape companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the double-sided tape companies profiled in this report include-
Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to its ability to stick to difficult materials like glass, metal, and plastics as well as its resistance to UV light and temperature.
Within this market, building & construction will remain the largest segment due to considerable use of double sided tapes in this sector owing to its clean and straightforward way to mount signs, mirrors, panels, and other construction materials, allowing for quick installation and flexibility in design.
APAC will remain the largest region over the forecast period due to extensive demand for double sided tapes among various end use industries, such as automotive, aerospace, and consumer electronics in the region.
Market Size Estimates: Double-sided tape market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Double-sided tape market size by resin type, technology, end use industry, and region in terms of value ($B).
Regional Analysis: Double-sided tape market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different resin types, technologies, end use industries, and regions for the double-sided tape market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the double-sided tape market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
Q1. What is the double-sided tape market size?
Answer: The global double-sided tape market is expected to reach an estimated $16.8 billion by 2030.
Q2. What is the growth forecast for double-sided tape market?
Answer: The global double-sided tape market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the double-sided tape market?
Answer: The major drivers for this market are increasing product demand within the packaging sector, growing demand for flexible and wearable electronics, and rising usage of this product in electric vehicle.
Q4. What are the major segments for double-sided tape market?
Answer: The future of the double-sided tape market looks promising with opportunities in the automotive, building & construction, and electrical & electronic sectors.
Q5. Who are the key double-sided tape market companies?
Answer: Some of the key double-sided tape companies are as follows:
Q6. Which double-sided 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 its ability to stick to difficult materials like glass, metal, and plastics as well as its resistance to UV light and temperature.
Q7. In double-sided 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 extensive demand for double sided tapes among various end use industries, such as automotive, aerospace, and consumer electronics in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.