Press release
Automotive Adhesive Tapes Market | Key players operating in the market include 3M, tesa SE, Henkel AG & Co. KGAA, Sika AG, Lintec Corp
According to recent market research "Automotive Adhesive Tapes Market by Adhesive Type (Acrylic, Silicone, Rubber), Backing Material (Polypropylene, Poly-Vinyl Chloride, Paper), Application (Exterior, Interior, Electric Vehicle), and Region - Global Forecast to 2026", the global automotive adhesive tapes market size was USD 8.5 billion in 2020 and is projected to reach USD 12.1 billion by 2026, at a CAGR of 5.9% between 2020 and 2026, owing to an increase in demand of automotive adhesive tapes in lightweight hybrid vehicles.
Browse 264 market data Tables and 52 Figures spread through 263 Pages and in-depth TOC on "Automotive Adhesive Tapes Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/automotive-adhesive-tapes-market-209565940.html
Poly-vinyl chloride (PVC) is expected to grow at a faster rate during the forecast period as it is a major backing material used in the automotive adhesive tapes industry. Poly-vinyl chloride-backed automotive adhesive tapes are used for special applications in the insulation and assembly of electronic components.
The electric vehicle segment is projected to grow with the highest CAGR in terms of value during 2021-2026. The growth is due to the advancements in electric vehicle’s battery technology which are creating opportunities for adhesive tapes in bonding and heat management applications.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=209565940
The global automotive adhesive tapes market size was USD 8.5 billion in 2020 and is projected to reach USD 12.1 billion by 2026, at a CAGR of 5.9% between 2021 and 2026, owing to an increase in demand of automotive adhesive tapes in lightweight hybrid vehicles. Poly-vinyl chloride is projected to record the fastest growth during the forecast period, at a CAGR of 7.1% from 2021 to 2026. Poly-vinyl chloride, as a backing material for adhesive tapes, caters to some of the largest applications in automotive industry, such as wire harnessing, UV resistance, electrical insulation, device shielding, and others.
The key market players in the automotive adhesive tapes market 3M (US), Nitto Denko Corporation (Japan), tesa SE (US), Avery Dennison Corporation (US), Lohmann GmbH & Co.KG (Germany), Henkel AG & Co. KGAA (Germany), Sika AG (Switzerland), Intertape Polymer Group (US), Lintec Corporation (Japan), Shurtape Technologies, LLC (US), Scapa (UK), and L&L Products (US). These players have adopted expansions, joint ventures, mergers, acquisitions, agreements, collaborations, product launches, and partnerships as their growth strategies to meet the growing demand for automotive adhesive tapes.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=209565940
3M is among the leading manufacturers of technologically oriented products, which provides automotive adhesives and tapes for various applications through its safety and industrial business unit. In December 2020, 3M launched 2480 3M Hi-Tack silicone adhesive tapes. The products provide sheer performance, stronger adhesion, and longer-wear time.
Another important player in the automotive adhesive tapes market is tesa SE. In May 2020, tesa SE expanded a new plant in Vietnam for the production of adhesive tapes for the Asian market, which will start from 2023. This will enable the tesa group to strengthen its presence in Asia, and significantly increase its capacities. Also, in March 2019, tesa added Sugru, moldable special silicone-based glue, to its innovative product line. The company, followed by the acquisition of British company FormFormForm Ltd. in May 2018, added an innovative product line to its existing broad range of consumer products.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/automotive-adhesive-tapes.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/automotive-adhesive-tapes-market.asp
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Browse 264 market data Tables and 52 Figures spread through 263 Pages and in-depth TOC on "Automotive Adhesive Tapes Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/automotive-adhesive-tapes-market-209565940.html
Poly-vinyl chloride (PVC) is expected to grow at a faster rate during the forecast period as it is a major backing material used in the automotive adhesive tapes industry. Poly-vinyl chloride-backed automotive adhesive tapes are used for special applications in the insulation and assembly of electronic components.
The electric vehicle segment is projected to grow with the highest CAGR in terms of value during 2021-2026. The growth is due to the advancements in electric vehicle’s battery technology which are creating opportunities for adhesive tapes in bonding and heat management applications.
For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=209565940
The global automotive adhesive tapes market size was USD 8.5 billion in 2020 and is projected to reach USD 12.1 billion by 2026, at a CAGR of 5.9% between 2021 and 2026, owing to an increase in demand of automotive adhesive tapes in lightweight hybrid vehicles. Poly-vinyl chloride is projected to record the fastest growth during the forecast period, at a CAGR of 7.1% from 2021 to 2026. Poly-vinyl chloride, as a backing material for adhesive tapes, caters to some of the largest applications in automotive industry, such as wire harnessing, UV resistance, electrical insulation, device shielding, and others.
The key market players in the automotive adhesive tapes market 3M (US), Nitto Denko Corporation (Japan), tesa SE (US), Avery Dennison Corporation (US), Lohmann GmbH & Co.KG (Germany), Henkel AG & Co. KGAA (Germany), Sika AG (Switzerland), Intertape Polymer Group (US), Lintec Corporation (Japan), Shurtape Technologies, LLC (US), Scapa (UK), and L&L Products (US). These players have adopted expansions, joint ventures, mergers, acquisitions, agreements, collaborations, product launches, and partnerships as their growth strategies to meet the growing demand for automotive adhesive tapes.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=209565940
3M is among the leading manufacturers of technologically oriented products, which provides automotive adhesives and tapes for various applications through its safety and industrial business unit. In December 2020, 3M launched 2480 3M Hi-Tack silicone adhesive tapes. The products provide sheer performance, stronger adhesion, and longer-wear time.
Another important player in the automotive adhesive tapes market is tesa SE. In May 2020, tesa SE expanded a new plant in Vietnam for the production of adhesive tapes for the Asian market, which will start from 2023. This will enable the tesa group to strengthen its presence in Asia, and significantly increase its capacities. Also, in March 2019, tesa added Sugru, moldable special silicone-based glue, to its innovative product line. The company, followed by the acquisition of British company FormFormForm Ltd. in May 2018, added an innovative product line to its existing broad range of consumer products.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/automotive-adhesive-tapes.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/automotive-adhesive-tapes-market.asp
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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