Automotive Adhesive Tapes Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

[189+ Pages Report] According to the report published by Facts Factors, the global automotive adhesive tapes market size was worth around USD 7.1 billion in 2019 and is predicted to grow to around USD 10.5 billion by 2026 with a compound annual growth rate (CAGR) of roughly 5.8% between 2020 and 2026. The report analyzes the global automotive adhesive tapes market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the automotive adhesive tapes market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Automotive Adhesive Tapes industry. The report analyzes and declares the historical and current trends analysis of the Automotive Adhesive Tapes industry and subsequently recommends the projected trends anticipated to be observed in the automotive adhesive tapes market during the upcoming years.

The automotive adhesive tapes market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire automotive adhesive tapes market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Units) and value (USD Million) from FY 2016 – 2026.

Key Insights from Primary Research

• As per our primary respondents, the global automotive adhesive tapes market is set to grow annually at a rate of around 5.8%
• It was established through primary research that the automotive adhesive tapes market was valued at around USD 7.1 Billion in 2019.
• Asia Pacific  region is presently dominating the market among all the regions
• On basis of base oil segment, ‘mineral oil’ segment dominated the global automotive adhesive tapes market in 2019.
• Based on ‘product type’ segment, the double sided tapes segment is leading the global automotive adhesive tapes market owing to their quality properties such as durability, fixing, effective bonding, and sealing.

Key Recommendations from Analysts

• As per our analysts, the global automotive adhesive tapes market is expected to reach around USD 10.5 Billion by 2026.
• The strategic and competitive advantage provided by the automotive adhesive tapes is anticipated to increase the market demand in upcoming years.
• Our team of analysts has identified, that increase in the number of production of both commercial and passenger vehicles is driving the global automotive adhesive tapes market.
• The team has analyzed that growing preference towards light vehicles will lead the global automotive adhesive tapes market in future years.
• In future years ahead, Asia Pacific is anticipated to be the fastest growing region for automotive adhesive tapes market.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Automotive Adhesive Tapes industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Automotive Adhesive Tapes industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the automotive adhesive tapes market .

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Automotive Adhesive Tapes industry. The automotive adhesive tapes market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Automotive Adhesive Tapes sector. Key strategic developments in the automotive adhesive tapes market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the automotive adhesive tapes market are appropriately highlighted in the report.

Rising disposable income in development countries has raised the number of vehicle production in developing economies such as India, China and Indonesia. Thereby, it has ultimately raised the demand for automotive adhesives tapes. Moreover, such adhesive tapes can be used as an alternative to bolts, screws and other metal fasteners. Additionally, the increasing demand for noise, vibration, and harshness reduction, in automobiles is expected to drive the market in the future years ahead. In addition, automotive NVH materials insulate and absorb internal and external noise and engine heat which is anticipated to boost sales of the automotive adhesive tapes.

The automotive adhesive tapes market research report delivers an acute valuation and taxonomy of the Automotive Adhesive Tapes industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

The regional segmentation of the Automotive Adhesive Tapes industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Automotive Adhesive Tapes industry is provided for the leading economies of the world.

The automotive adhesive tapes market is segmented based on product, backing material, and application. On the basis of product segmentation, the market is classified into double-sided tapes, masking tapes, reinforced tapes, and specialty tapes. In terms of application segmentation, the market is bifurcated into interior, and exterior. The backing material has been segmented based on the polypropylene, paper, and polyvinyl chloride.

Report Scope

Some of the essential players operating in the automotive adhesive tapes market , but not restricted to include

• 3M Company
• Nitto Denko Corporation
• Tesa SE
• Avery Dennison Corporation
• Henkel AG & Company KGaA
• Sika
• Automotive AG
• L&L Products Inc.
• Dow Automotive
• PPG Industries
• EMS-EFTEC AG.

The taxonomy of the automotive adhesive tapes industry by its scope and segmentation is as follows:

By Product Segmentation Analysis

• Double-sided tapes
• Masking tapes
• Reinforced tapes
• Specialty tapes

By Application Segmentation Analysis

• Interior
• Exterior

By Backing Material Segmentation Analysis

• Polypropylene
• Paper
• Polyvinyl Chloride

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa