Double Sided Tape Market - Global Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 12, 2018--The “Double Sided Tape Market by Resin Type (Acrylic, Rubber, Silicone), Technology (Solvent, Water, and Hot Melt), Backing Material (Foam, Film, Paper), End-Use (Automotive, Building & Construction, Paper & Print), and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The double sided tape market is projected to grow from USD 9.41 billion in 2018 to USD 13.15 billion by 2023, at a CAGR of 6.93% between 2018 and 2023.
The rising demand for double sided tapes across various applications, such as electrical & electronics, building & construction, automotive, and paper & printing, is expected to drive the growth of the double sided tape market. Increasing environmental concerns and growing number of regulatory policies have propelled manufacturers of double sided tapes to focus on the development of eco-friendly products.
Volatile raw materials prices and backing material prices are acting as a restraint to the growth of the double sided tape market. Foam backing material costs are rising across the globe which is affecting the foam backed double sided tape market. Most raw materials used in the development of double sided tapes are petroleum-based derivatives that are vulnerable to fluctuations in commodity prices.
Based on application, the automotive segment is projected to lead the double sided tape market from 2018 to 2023, in terms of volume. In the automotive application, double sided tapes are used in plate panels, roof molding, outer belt moldings, rocker panel/claddings, emblem & name plates, rear spoilers, body & bumper side moldings, side mirrors, and side fenders/wheel flares.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Indicators
7 Double Sided Tape Market, By End-Use Industry
8 Double Sided Tape Market, By Region
9 Competitive Landscape
10 Company Profiles3M Company Nitto Denko Corporation TESA SE Lintec Corporation Avery Dennison Corporation Intertape Polymer Group, Inc. Shurtape Technologies, LLC. Scapa Group Plc Lohmann GmbH & Co. Kg Nichiban Co. Ltd. Mactac, LLC Adchem Corporation Coroplast Fritz Mller GmbH & Co. Kg Cct Tapes Gergonne - the Double Coated Solution Tape-Rite Co. Inc. Advance Tapes International Ajit Industries Atp Adhesive Systems AG Toyochem Co. Ltd Arkema (Bostik) Adere Guangzhou Broadya Adhesive Products Co. Industrias Tuk, S.A. De C.V. Saint-Gobain Performance Plastics
For more information about this report visit https://www.researchandmarkets.com/research/mv4std/double_sided_tape?w=4
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Related Topics:Adhesives and Sealants
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 06/12/2018 12:24 PM/DISC: 06/12/2018 12:24 PM