Inquire Before Buying
Speak to an Analyst
Request Brochure
IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.
Read More- Home
- |
- Press Release
- |
- Global Adhesive Tapes Market to Reach US$ 102.9 Billion by 2032
Global Adhesive Tapes Market to Reach US$ 102.9 Billion by 2032, Impelled by Development of Green Adhesives
December 06, 2021
| Packaging
According to the latest report by IMARC Group, titled “Adhesive Tapes Market Report by Material (Polypropylene, Paper, Polyvinyl Chloride, and Others), Resin (Acrylic, Rubber, Silicone, and Others), Technology (Water-Based Adhesive Tapes, Solvent-Based Adhesive Tapes, Hot-Melt-Based Adhesive Tapes), Application (Packaging Tapes, Masking Tapes, Specialized Tapes, and Others), and Region 2024-2032”, the global adhesive tapes market size reached US$ 69.8 Billion in 2023. An adhesive tape, also known as a self-stick or sticky tape, is used to bond or join objects together. It is composed of carriers (non-woven fabric, foam and metal foil), pressure-sensitive adhesives or PSAs (rubber, silicone, urethane and acrylic) and separators (paper and film). The usage of adhesive tapes is gaining traction across the globe as a solution for fastening and joining. This can be attributed to their low-cost, ease of use, ability to bond dissimilar substrates, uniform thickness and gap filling properties as compared to traditional fastening systems.
Global Adhesive Tapes Market Trends:
One of the primary factors driving the growth of the market is the diversified applications of adhesive tapes across various industry verticals. In the automotive industry, for instance, they play a crucial role in the assembly of lightweight, aerodynamic structures on the exterior surface of automobiles. Similarly, these tapes are imbued with antigen adhesives for use in wound dressing in the healthcare industry. With the rising penetration of e-commerce platforms, adhesive tapes are increasingly being used in the packaging of a variety of products. However, the negative impacts of synthetic adhesives on both human health and the environment have encouraged governments of various countries to impose stringent environmental regulations. Owing to this, market players are introducing eco-friendly adhesive tapes, which are an excellent alternative to their petroleum-based counterparts. For instance, TESA SE, a leading manufacturer of self-adhesive products, has launched sustainable adhesive tapes made using bio-based and recycled materials. Manufacturers are also introducing various functional adhesive tapes made using weather and UV-resistant materials. Looking forward, the market value is projected to reach US$ 102.9 Billion by 2032, registering a CAGR of 4.3% during 2024-2032.
Market Summary:
- Based on the material, polypropylene is currently the most popular material used in adhesive tapes. Other materials include paper and polyvinyl chloride.
- On the basis of the resin, the market has been categorized into acrylic, rubber, silicone and others.
- The market has been segregated based on the technology into water-based, solvent-based and hot-melt-based adhesive tapes.
- On the basis of the application, the report finds that packaging tapes represent the largest application segment. The other segments are masking and specialized tapes.
- Region-wise, North America enjoys the leading position in the market, holding the majority of the global market share. Other major regions include Asia Pacific, Europe, Middle East and Africa, and Latin America.
- The competitive landscape of the market has also been examined with some of the key players being 3M 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. and Sekisui Chemical Co. Ltd.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Material, Resin, Technology, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered | 3M 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. and Sekisui Chemical Co. Ltd. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
Tel no: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
Purchase options
Benefits of Customization
Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization
Get in Touch With Us
UNITED STATES
Phone: +1-631-791-1145
INDIA
Phone: +91-120-433-0800
UNITED KINGDOM
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
Client Testimonials
The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required
Read More
We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra
Read More
Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.
Read More.webp)
We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.
Read More
The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.
Read More
The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.
Read More
My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.
Read More
I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.
Read More.webp){kind=logo}
We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.
Read More
IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.
Read More