Adhesive Tapes Market By Type (Pressure-Sensitive, Water-Activated), Resin (Acrylic, Rubber), Base Material (Paper, Cloth, Plastic), End-User (Labeling, Automotive, Healthcare), & Region for 2024-2031
Report ID: 25416|No. of Pages: 202
Adhesive Tapes Market By Type (Pressure-Sensitive, Water-Activated), Resin (Acrylic, Rubber), Base Material (Paper, Cloth, Plastic), End-User (Labeling, Automotive, Healthcare), & Region for 2024-2031
Adhesive Tapes Market Valuation – 2024-2031
The growing need for adhesive tapes, the expansion of numerous end-use industries, such as packaging, healthcare, electronics, and construction, is driving up demand for adhesive tape. Technological advances in adhesive formulas and production processes allow for the creation of tapes with increased performance qualities such as adhesion, durability, and environmental friendliness. The market size surpass USD 66.32 Billion valued in 2024 to reach a valuation of around USD 107.31 Billion by 2031.
The growing consumer awareness of convenience and efficiency is driving demand for adhesive tapes in a variety of applications such as home repairs, packaging, and labeling. The rising demand for cost-effective and efficient adhesive tapes is enabling the market grow at a CAGR of 6.20% from 2024 to 2031.
Adhesive Tapes Market: Definition/ Overview
Adhesive tapes are versatile materials made up of a backing material covered with a pressure-sensitive adhesive. They are used in a variety of industries, including construction, automobiles, electronics, healthcare, and packaging. Adhesive tapes have several functions, including gluing, sealing, insulating, and protecting surfaces. Common applications include holding items together, insulating electrical components, and enabling temporary or permanent fasteners in building and manufacturing. Specialty adhesive tapes, such as medical or double-sided tapes, are designed to meet special needs, increasing their utility in industries such as healthcare and home improvement.
Adhesive tapes appear to be a promising market, fueled by technical improvements and rising demand across industries. Adhesive formulation and material innovations are projected to improve performance, allowing for stronger bonding and longer-lasting durability. The emergence of environmentally friendly and sustainable adhesive tapes is also gaining steam, in line with global sustainability trends.
The expansion of the automotive and electronics sectors, together with the growing demand for effective packaging solutions, is projected to drive market growth. As industries seek ways to enhance efficiency and lower costs, adhesive tapes are expected to play an important role in future applications, particularly in emerging economies.
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How will the Growth in the Construction Industry Drive the Adhesive Tapes Market?
The expansion of the construction industry will greatly drive the adhesive tapes market. According to the United States Census Bureau, the value of building projects in the United States will reach USD 1.79 Trillion in 2023, up 5.8% from the previous year. This increase in construction activity is directly proportional to an increase in demand for various adhesive tapes, which are used for bonding, sealing, and other critical applications in building and remodeling projects. The growing scale and complexity of construction projects necessitate dependable and effective adhesive solutions, which drive market expansion.
Advancements in the automotive industry will greatly impact the adhesive tapes market. The trend toward lighter, more fuel-efficient automobiles, particularly electric vehicles, has boosted demand for specialist adhesive tapes. The International Energy Agency (IEA) estimated that global electric vehicle sales will reach 10 million units in 2023, up 40% from 2022. This change requires advanced bonding solutions to retain structural integrity and improve performance, forcing manufacturers to seek out effective adhesive materials to fulfill these changing requirements.
How Do Fluctuating Raw Material Prices Affect the Growth of the Adhesive Tapes Market?
The fluctuating raw material prices will have a substantial impact on the growth of the adhesive tapes market. These price changes can cause increased production costs for firms, making it difficult to maintain competitive pricing while being profitable. As adhesive tapes are frequently made from petrochemicals, fluctuations in oil prices or supply chain disruptions can have a direct impact on costs. Greater production costs may be passed on to consumers, thereby reducing demand.
Competition from alternative attaching methods will have an impact on the growth of the adhesive tapes market. As industries look for new bonding and assembly solutions, mechanical fasteners, welding, and newer technologies such as 3D printing are gaining favor due to their strength, durability, and ease of use. These technologies can provide advantages in specific applications, such as increased load-bearing capacity or faster assembly times, which may drive manufacturers to prefer these alternatives over adhesive tapes.
Category-Wise Acumens
Which Factors Enhance the Use of Adhesive Tapes Market?
Pressure-sensitive adhesive (PSA) tapes are the dominant segment in the adhesive tapes market. The electronics industry will have a significant drive on the pressure-sensitive segment of the adhesive tape market. As customer demand for electronic devices grows, producers need more efficient and effective bonding methods for components like screens, circuit boards, and insulation materials. The trend toward lightweight and compact designs in electronics increases the demand for pressure-sensitive adhesive tapes, which provide strong adhesion without the added weight of traditional fastening methods.
The packaging industry will have significant fuel on the market for pressure-sensitive adhesive tapes. The growing demand for efficient and secure packaging solutions, particularly in the e-commerce and retail sectors, has increased the need for pressure-sensitive adhesive tapes that provide quick application and strong adhesion. These tapes are used to seal, bundle, and label objects, assuring their safety throughout transit and storage.
Which Factors Boost the Use of Adhesive Tapes Market?
The plastic tape segment leading the adhesive tapes market. Resistance to moisture and chemicals will boost the plastic tapes portion of the adhesive tapes market. Plastic tapes, particularly those composed of polyethylene and PVC, are noted for their strength and ability to survive extreme environmental conditions. Their moisture and chemical resistance make them perfect for a wide range of applications, including the industrial, construction, and automotive industries, where liquids and caustic substances are frequently encountered.
Industrial labeling will drive the plastic tapes segment of the adhesive tapes market. Plastic tapes are used for labeling due to their versatility, durability, and resistance to environmental conditions including moisture and chemicals. In industrial environments, accurate and effective labeling is essential for inventory management, safety compliance, and operating efficiency. As companies prioritize organization and traceability in their operations, the demand for dependable plastic labeling tapes grows, making this segment a key driver of market growth.
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Country/Region-wise Acumens
Will the Rapid Industrialization in the Asia Pacific Region Fuel the Adhesive Tapes Market?
Rapid industrialization in Asia Pacific will significantly expand the adhesive tapes market. With the Asian Development Bank estimating 6.1% growth in the industrial sector in 2024 and 6.3% in 2025, demand for adhesive tapes is expected to increase, notably in China and India. For instance, in 2023, China’s industrial output expanded by 4.4%, while India’s Index of Industrial output (IIP) for manufacturing increased by 5.9%. The United Nations Industrial Development Organization predicts that East and South-East Asia’s Manufacturing Value Added will reach USD 14.9 Trillion by 2030.
The expansion of industries such as packaging, electronics, automotive, and construction will considerably drive the plastic tapes section of the adhesive tapes market. As these industries grow—packaging is expected to be worth USD 440 Billion by 2027, electronics to be worth $300 billion by 2026, and automotive production to increase significantly—there will be greater demand for adaptable and high-performance plastic tapes. These tapes are used for sealing, bonding, and insulation in a variety of products, driving market expansion as businesses seek effective solutions to meet their changing needs.
Will the Infrastructure Development Projects Drive the Middle East and Africa region for the Adhesive Tapes Market?
The Middle East & Africa region is experiencing the fastest growth rate in the adhesive tapes market. Infrastructure development projects will have a substantial impact on the Middle East and Africa (MEA) adhesive tape market. The spike in investments for energy projects in MENA from 2023 to 2027, combined with Saudi Arabia’s Vision 2030, which allocates more than USD 1 Trillion for infrastructure, demonstrates the sector’s robust growth. Additionally, the UAE’s planned investment of AED 600 billion (USD 163 Billion) and Egypt’s EGP 1.1 trillion ($36 billion) for 2023/2024 demonstrate the growing need. The African Development Bank also emphasizes Sub-Saharan Africa’s yearly infrastructure needs of USD 130-170 Billion.
The Middle East and Africa (MEA) region’s expanding urbanization is driving growth in the Adhesive Tapes Market, as demand for construction materials, including adhesive tapes, rises in tandem with city expansion and modernization. The United Nations estimates that Africa’s urban population will triple by 2050, reaching 1.5 billion, while 66% of the MENA population now lives in cities. Significant investments in urban infrastructure, notably USD 1.36 Trillion in the Gulf Cooperation Council and a need for USD 130- USD 170 Billion per year in Africa, are driving up demand. Smart city initiatives, such as the UAE’s objective of transforming half of Dubai into sustainable cities by 2030, are increasing the demand for complex construction materials, especially adhesive tapes.
Competitive Landscape
The adhesive tapes market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support.
The organizations are focusing on innovating their product line to serve the vast population in diverse regions. Some of the prominent players operating in the adhesive tapes market include:
- 3M
- Lohmann GmbH & Co. Kg
- Nitto Denko
- Scapa Group PLC
- Tesa SE
- Shurtape Technologies LLC
- Avery Dennison Corporation
- Lintec Corporation
- Intertape Polymer Group, Inc.
- Henkel AG
Latest Developments
- In March 2024, Avery Dennison Performance Tapes announced a new line of pressure-sensitive adhesive (PSA) tapes for the appliance sector. These tapes are simple to use, long-lasting, and can be used as a lightweight replacement for screws, nuts, and bolts.
- In January 2024, Avery Dennison Performance Tapes launched Cold Tough, a new line of high-performance PSA tape products.
- In January 2023, B. Fuller will launch a new biocompatible adhesive for medical applications.
Report Scope
| Report Attributes | Details |
|---|---|
| Study Period | 2021-2031 |
| Growth Rate | CAGR of ~6.20% from 2024 to 2031 |
| Base Year for Valuation | 2024 |
| Historical Period | 2021-2023 |
| Forecast Period | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
|
| Region Covered |
|
| Key Players | 3M, Lohmann GmbH & Co. Kg, Nitto Denko, Scapa Group PLC, Tesa SE, Shurtape Technologies LLC, Avery Dennison Corporation, Lintec Corporation, Intertape Polymer Group Inc., Henkel AG |
| Customization | Report customization along with purchase available upon request |
Adhesive Tapes Market, By Category
Type:
- Pressure-Sensitive
- Water-Activated
- Heat-Sensitive
Resin:
- Acrylic
- Rubber
- Silicone
Base Material:
- Paper
- Cloth
- Plastic
- Foams
End-User:
- Labeling
- Automotive
- Electrical & Electronics
- Building & Construction
- Healthcare
- Retail
Region:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL ADHESIVE TAPES MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL ADHESIVE TAPES MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL ADHESIVE TAPES MARKET, BY COATING TECHNOLOGY
5.1 Overview
5.2 Solvent Based
5.3 Water Based
5.4 Hot Melt Based
6 GLOBAL ADHESIVE TAPES MARKET, BY RESIN TYPE
6.1 Overview
6.2 Silicone
6.3 Acrylic
6.4 Rubber
7 GLOBAL ADHESIVE TAPES MARKET, BY TAPE BACKING MATERIAL
7.1 Overview
7.2 Paper Backed
7.3 Polypropylene Backed
7.4 Polyvinyl Chloride Backed
8 GLOBAL ADHESIVE TAPES MARKET, BY CATEGORY
8.1 Overview
8.2 Commodity
8.3 Specialty
9 GLOBAL ADHESIVE TAPES MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Rest of the World
9.5.1 Latin America
9.5.2 Middle East and Africa
10 GLOBAL ADHESIVE TAPES MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Ranking
10.3 Key Development Strategies
11 COMPANY PROFILES
11.1 3M
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Lohmann GmbH & Co. Kg
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Nitto Denko
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Scapa Group PLC
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Tesa SE
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Shurtape Technologies LLC
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 Avery Dennison Corporation
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 Lintec Corporation
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 Intertape Polymer Group Inc
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments
11.10 Henkel AG
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments
12 KEY DEVELOPMENTS
12.1 Product Launches/Developments
12.2 Mergers and Acquisitions
12.3 Business Expansions
12.4 Partnerships and Collaborations
13 Appendix
13.1 Related Research
Report Research Methodology
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Exploratory data mining
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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| Supplier side |
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| Demand side |
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Econometrics and data visualization model
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We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
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The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
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The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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