Adroit Market Research today published a study on the “Global Automotive Adhesive Tapes Market Analysis 2017 by Adhesives (Natural Rubber, Acrylic, Butyl, Others), By Backing Material (Polyvinyl Chloride (PVC), Foam, Polypropylene (PP), Paper, Cloth and Others), by Product (Double-Sided Tapes, Masking Tapes, Reinforced Tapes and Specialty Tapes), by Application (Interior and Exterior), By Region and Forecast 2018 to 2025”. The report covers the global automotive adhesive tapes market data in terms of volume (million square meters) and revenue (USD million) along with the current & upcoming development scenario, competitive landscape and growth prospects in the coming years. The report also lists downs the segments which hold the majority of the automotive adhesive tape market share in key geographies. The adhesives tapes market report also covers a detailed analysis of overall tapes market globally as well as company profiles of leading manufacturers.
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The global automotive adhesive tapes market size is projected to reach USD 12.37 billion by 2025, driven by the surging growth of the automotive sector in developing economies. Also, the demand for lightweight vehicles has led to the rapid adoption of adhesive tapes as an alternative to mechanical fasteners, in turn, driving the growth of the global automotive adhesive tapes market.
Asia Pacific dominated the global adhesive tapes market, in terms of both volume and value. Expansion of road networks in Asia Pacific coupled with the government commitments towards industrial and infrastructure development is the key factor behind the market growth in this region. Also, increasing domestic vehicles production in developing economies such as China, Thailand and India are expected to augment the vehicle sales in this region, with a favorable impact on the market in the coming years.
The global automotive adhesive tapes market is witnessing fierce competition and players are continuously involved in large-scale research and innovation. Some of the players operating in the market include Sika Automotive AG, L&L Products Inc., Dow Automotive, 3M Company, Nitto Denko, PPG Industries, Avery Dennison Corporation and EMS-EFTEC AG.
Key segments of the global automotive adhesive tapes market
Adhesives Overview, 2015-2025 (Million Square Meters, USD Million)
- Acrylic
- Natural Rubber
- Butyl
- Others
Adhesives Overview, 2015-2025 (Million Square Meters, USD Million)
- Polypropylene
- PVC
- Paper
- Foam
- Cloth
- Others
Product Overview, 2015-2025 (Million Square Meters, USD Million)
- Double-sided tapes
- Masking tapes
- Reinforced tapes
- Specialty tapes
Application Overview, 2015-2025 (Million Square Meters, USD Million)
- Interior
- Exterior
Regional Overview, 2015-2025 (Million Square Meters, USD Million)
- North America
- U.S.
- Rest of North America
- Europe
- France
- UK
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of APAC
- Latin America
- Brazil
- Rest of Latin America
- Middle East & Africa
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