Acrylic Foam Tapes Market Size
The global acrylic foam tapes market size was valued at $2.72 billion in 2023 and is projected to reach $4.48 billion by 2029, growing at a CAGR of 8.7% from 2023 to 2029.
Acrylic Foam Tapes Market Overview
Acrylic foam tapes are adhesive products known for their high-strength bonding capabilities and versatility in various applications. Composed of a closed-cell acrylic foam core, these tapes exhibit excellent adhesion to a wide range of surfaces, including metals, plastics, and painted surfaces. The foam core provides a combination of conformability and resilience, allowing the tape to adhere well to irregular surfaces and withstand dynamic stresses, such as temperature fluctuations and vibrations. Acrylic foam tapes are widely used in industries such as automotive, construction, and electronics for applications like attaching trim, bonding panels, and securing components. Their durability, weather resistance, and ability to replace mechanical fasteners make them a preferred choice in many assembly and mounting processes. Additionally, these tapes often offer a clean and aesthetically pleasing appearance, contributing to their popularity in both industrial and consumer settings.
Market Dynamics:
Growth Drivers
- Rise in demand for flexible adhesive products.
- Increasing inclination from the e-commerce platform.
Constraints
- Lack of awareness about the tapes.
- Low availability of raw materials.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Based on type, the market is bifurcated into single sided acrylic foam tapes and double sided acrylic foam tapes.
By material type, the market is fragmented into vinyl nitrile, poly vinyl chloride (pvc) vinyl, polyester & polyether urethane, and other material types.
In accordance with formulation technology, the market is sorted into hot molten-based, solvent-based, and water-based.
Depending on the application, the market is segregated into aerospace, automotive, building & construction, electronics, general industrial, and other applications.
List of the Key Players Profiled in the Report Includes:
- Seal King Ind Co.ltd.
- Lamatek Inc.
- 3M Company
- AFT Company
- Adhere Industrial Tapes Ltd.
- GPI Corporation (M) Sdn Bhd
- Wuxi Canaan Adhesive Technology Co. Ltd.
- Helipro Tapes Sdn Bhd
- Speciality Tapes Industry
- AFTC
- Kubhera Insulation
- Foshan Jintuo Adhesive Products Co. Ltd.
- Himark Inc.
- Nippon Industries
- Shenzhen Xinst Technology Co. Ltd.
Market by, Geography:
The acrylic foam tapes market report also analyzes the major geographic regions and countries of the market. The regions and countries covered in the study include:
- North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
- Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
- Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
- South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
- Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis.
The report “Global Acrylic Foam Tapes Market: Industry Analysis, Opportunities and Forecast up to 2029” by Diligence Insights provides a detailed analysis of the present market and future outlook with market estimates and forecasts for all specified segments, encompassing both global and regional perspectives as outlined within the research framework. The study includes historical market data for the years 2021, 2022 and offers revenue estimations for 2023, and project forecasts spanning from 2024 to 2029. It places significant emphasis on the examination of market trends, key industry participants, supply chain developments, technological advancements, pivotal milestones, and prospective strategies. Comprehensive market assessments are carried out across major geographic regions, including North America, Europe, Asia Pacific, South America, and Middle East & Africa. As such, this report constitutes a valuable resource for current industry stakeholders, newcomers to the field, and potential investors.
The study offers an in-depth market analysis, drawing insights from industry experts across the value chain. A special focus has been made on 25 countries, including the United States, Canada, Mexico, the United Kingdom, Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, and South Africa, among others. The market data has been meticulously collected through extensive primary interviews and comprehensive secondary research. Market size determination is rooted in the revenue generated from sales across all the specified segments and sub-segments as defined within the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
What Can be Explored with this Research Report:
- Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
- Identify growth opportunities.
- Porter’s five force analysis.
- In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
- Historical and forecast size of the market in terms of revenue (USD Million).
- Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Table Of Content
1 Market Introduction
1.1 Market Definition
1.2 Research Scope and Segmentation
1.3 Stakeholders
1.4 List of Abbreviations
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Research Approach
3.6 Data Sources and Assumptions
4 Market Dynamics
4.1 Market Drivers
4.2 Market Restraints
4.3 Market Opportunities
4.4 Market Challenges
4.5 Impact of COVID-19 on the Acrylic Foam Tapes Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Acrylic Foam Tapes Market by, Type
6.1 Overview
6.2 Single Sided Acrylic Foam Tapes
6.3 Double Sided Acrylic Foam Tapes
7 Global Acrylic Foam Tapes Market by, Material Type
7.1 Overview
7.2 Vinyl Nitrile
7.3 Poly Vinyl Chloride (PVC) Vinyl
7.4 Polyester & Polyether Urethane
7.5 Other Material Types
8 Global Acrylic Foam Tapes Market by, Formulation Technology
8.1 Overview
8.2 Hot Molten-based
8.3 Solvent-based
8.4 Water-based
9 Global Acrylic Foam Tapes Market by, Application
9.1 Overview
9.2 Aerospace
9.3 Automotive
9.4 Building & Construction
9.5 Electronics
9.6 General Industrial
9.7 Other Applications
10 Global Acrylic Foam Tapes Market by, Geography
10.1 Overview
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 UK
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Australia
10.4.6 New Zealand
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 UAE
10.6.2 Saudi Arabia
10.6.3 Qatar
10.6.4 Iran
10.6.5 South Africa
10.6.6 Rest of Middle East & Africa
11 Key Developments
12 Company Profiling
12.1 Seal King Ind Co.ltd.
12.1.1 Business Overview
12.1.2 Product/Service Offering
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Activities
12.2 Lamatek Inc.
12.3 3M Company
12.4 AFT Company
12.5 Adhere Industrial Tapes Ltd.
12.6 GPI Corporation (M) Sdn Bhd
12.7 Wuxi Canaan Adhesive Technology Co. Ltd.
12.8 Helipro Tapes Sdn Bhd
12.9 Speciality Tapes Industry
12.10 AFTC
12.11 Kubhera Insulation
12.12 Foshan Jintuo Adhesive Products Co. Ltd.
12.13 Himark Inc.
12.14 Nippon Industries
12.15 Shenzhen Xinst Technology Co. Ltd.
Report Details
SKU Code | : DI1987 |
Industry | : Consumer Goods and Services |
Region | : Global |
Tables | : 114 |
Format | : Electronic PDF |
Published | : 2023 |
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