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Structural Adhesive Tapes Market Share, Growth, Trends Analysis by 2030

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Structural Adhesive Tapes Market is projected to grow from USD 10.1 billion in 2023-e to USD 13.0 billion by 2030, registering a CAGR of 3.6% during the forecast period (2024-2030)

The Structural Adhesive Tapes Market focuses on estimating the current market potential in terms of the total addressable market for all the segments, sub-segments, and regions. In the process, all the high-growth and upcoming technologies were identified and analyzed to measure their impact on the current and future market. The report also identifies the key stakeholders, their business gaps, and their purchasing behavior. This information is essential for developing effective marketing strategies and creating products or services that meet the needs of the target market. The report also covers a detailed analysis of the competitive landscape which includes major players, their recent developments, growth strategies, product benchmarking, and manufacturing operations among others. Also, brief insights on start-up ecosystem and emerging companies is also included as part of this report.

Key Players:

  • 3M Company
  • Avery Dennison Corporation
  • Henkel AG & Co. KGaA
  • Tesa SE
  • Nitto Denko Corporation
  • Sika AG
  • Lohmann GmbH & Co. KG
  • Scapa Group plc
  • Saint-Gobain
  • Intertape Polymer Group Inc.

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Growth Drivers:

The structural adhesive tapes market has been propelled by several factors:

  1. Technological Advancements: Innovations in adhesive formulations have resulted in tapes with superior bonding strength, durability, and resistance to environmental factors. These advancements have expanded the applications of structural adhesive tapes across diverse industries.
  2. Growing Demand from End-Use Industries: Industries such as automotive, construction, aerospace, electronics, and healthcare rely heavily on structural adhesive tapes for bonding components, sealing joints, and enhancing product performance. The increasing adoption of lightweight materials in these sectors has further boosted the demand for high-performance adhesive tapes.
  3. Shift Towards Sustainable Solutions: With a greater emphasis on sustainability, manufacturers are developing eco-friendly adhesive tapes that minimize environmental impact. This shift towards sustainable solutions aligns with the growing awareness among consumers and regulatory bodies regarding the importance of reducing carbon footprint and promoting recyclability.

These companies are engaged in research and development activities to introduce innovative products, expand their product portfolios, and strengthen their market presence through strategic collaborations and acquisitions.

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Segmentation:

The structural adhesive tapes market can be segmented based on various factors, including product type, substrate material, application, and end-user industry.

  1. Product Type:
  • Acrylic-based Tapes
  • Rubber-based Tapes
  • Silicone-based Tapes
  • Others
  1. Substrate Material:
  • Foam Tapes
  • Film Tapes
  • Metal Tapes
  • Others
  1. Application:
  • Bonding
  • Sealing
  • Surface Protection
  • Masking e. Others
  1. End-User Industry:
  • Automotive
  • Electronics
  • Aerospace
  • Construction
  • Healthcare
  • Packaging
  • Others

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