Double Sided Tape - Global Market Forecasts to 2026: Rising Demand for Acrylic Foam Backed Tapes in Automotive Application - ResearchAndMarkets.com
Aug. 17, 2018
DUBLIN--(BUSINESS WIRE)--Aug 17, 2018--The "Double Sided Tape - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to the report, the Global Double Sided Tape market accounted for $8.12 billion in 2017 and is expected to reach $16.25 billion by 2026 growing at a CAGR of 8% during the forecast period.
Growing requirement for PE foam backed double sided tapes and acrylic and rising usage of double sided tapes in various sectors are some of the key driving factors for the market growth. However, advanced costs of double sided tape raw materials & end products and execution of strict regulatory rules are some of the factors hindering the market growth. One of the major opportunities in the market is rising demand for acrylic foam backed tapes in the automotive application.
Amongst technology, the hot-melt segment accounted for the largest market share in the global market owing to benefit of high strength and instant bond, which makes them perfect for a various applications. In addition using this technology includes excellent bond, fast processing, ease of use and quick set.
By geography, the Asia Pacific region is the fastest growing market due to growing demand for double sided tapes from automotive, building & construction, paper & printings, and electrical & electronics from countries such as India, China and South Korea.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Double Sided Tape Market, By Backing Material
6 Global Double Sided Tape Market, By Resin Type
7 Global Double Sided Tape Market, By Technology
8 Global Double Sided Tape Market, By End-User
9 Global Double Sided Tape Market, By Geography
10 Key Developments
11 Company ProfilingShurtape Technologies LLC Lintec Corporation Avery Dennison Corporation Lohmann GmbH & Co. KG Nitto Denko Corporation Nichiban Co. Ltd. 3M Company Intertape Polymer Group Inc. TESA SE Scapa Group PLC Toyochem Co. Ltd. Mactac LLC Industrias Tuk, S.A. De C.V. Saint-Gobain Performance Plastics Tape-Rite Co. Inc.
For more information about this report visit https://www.researchandmarkets.com/research/fdnvxn/double_sided_tape?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180817005204/en/
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Related Topics:Adhesives and Sealants
INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS
SOURCE: Research and Markets
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PUB: 08/17/2018 09:15 AM/DISC: 08/17/2018 09:15 AM