Worldwide Automotive Adhesive Tapes Industry to 2028 – Featuring PPG Industries, ABI Tape Products & Adchem Among Others – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Automotive Adhesive Tapes Market Size, Share & Trends Analysis Report By Application (Powertrain, Interior Attachment), By Adhesive Chemistry (Solvent, Emulsion), By Region (North America, Europe), And Segment Forecasts, 2020 – 2028” report has been added to ResearchAndMarkets.com’s offering.
The global automotive adhesive tapes market size is expected to reach USD 4.73 billion by 2028, registering a CAGR of 7.3% over the forecast period, according to a new report by the publisher. Growing usage of advanced functional materials to improve aesthetics, reduce weight, and enhance the performance of vehicles is expected to drive the market growth.
Technological developments and performance enhancements in vehicles have led to the installation of specialized components, which is expected to have a positive impact on the product demand. In addition, the increasing focus of manufacturers on the development of lightweight vehicles will augment the product demand.
The global automotive market is witnessing switching trends with growing popularity and demand for Electric Vehicles (EVs). Prominent vehicle manufacturers are aiming to comply with environmental standards and emission norms by reducing vehicle pollutants at a significant level. Thus, battery-operated vehicles including cars, mini trucks, and others are gaining popularity across the globe, which, in turn, is expected to drive the product demand.
Companies Mentioned
- L&L Products, Inc.
- Sika Automotive AG
- The 3M Company
- Specialty Pulp Manufacturing, Inc (SPMI)
- Nitto Denko Corporation
- Lida Industry Co, Ltd.
- ThreeBond Co., Ltd.
- PPG Industries
- ABI Tape Products
- Adchem Corporation
- Avery Dennison Corporation
- Saint Gobain
- Berry Plastics
- tesa SE
- Lintec Corporation
- Advance Tapes International Ltd.
- Scapa
- Intertape Polymer Group
- Shurtape
- Henkel AG
Automotive Adhesive Tapes Market Report Highlights
- The interior attachment application segment accounted for the largest revenue share in 2020 owing to high demand for vehicles with improved aesthetics
- Emulsion-based adhesive tapes are expected to witness the fastest CAGR on account of the wide usage of these products in permanent application in car exteriors
- The powertrain application segment is expected to witness the fastest growth on account of the rising product penetration in electric and hybrid vehicle powertrains
- Europe dominated the global market, in terms of revenue share, in 2020 owing to the high per vehicle content of tapes in the European automotive car models
- Key market players focus on improving the product application scope in niche areas, such as powertrains and battery compartments, which is expected to drive the industry growth
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Market Growth Opportunities
3.6. Business Environmental Tool Analysis: Automotive Adhesive Tapes Market
Chapter 4. Automotive Adhesive Tapes Market: Application Estimates & Trend Analysis
Chapter 5. Automotive Adhesive Tapes Market: Adhesive Chemistry Estimates & Trend Analysis
Chapter 6. Automotive Adhesive Tapes Market: Regional Estimates & Trend Analysis
Chapter 7. Competitive Landscape
7.1. Key global players & recent developments & their impact on the industry
7.2. Vendor Landscape
7.2.1. List of key distributors and channel partners
7.2.2. Key customers
7.3. Public Companies
7.3.1. Company Market Positioning
7.4. Public Companies
7.4.1. List of key emerging companies/technology disruptors/innovators
7.4.2. Geographical Presence
Chapter 8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/rvj5xk
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