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Double Sided Tape Market Growth Rate,Share, Region, and Segment Forecasts, 2020 - 2026

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sherya jadhav
Double Sided Tape Market Growth Rate,Share, Region, and Segment Forecasts, 2020 - 2026

The increasing demand for double sided tapes in various industries, such as construction, packaging, and others boost the market demand.

Market Size – USD 9.82 Billion in 2018, Market Growth - CAGR of 6.3%, Market Trends – The growing demand for high-strength double-sided tapes.

The global Double Sided Tape Market is forecast to reach USD 16.14 Billion by 2026, according to a new report by Reports and Data. The increasing demand for double sided tapes in various industries, such as construction, packaging, and others boosts the market demand. The growing demand for high-strength double-sided tape will also contribute to the growth of the market.

Double-sided foam tapes are used for permanent or temporary fastening, acoustic dampening, packaging, thermal insulation, and gap filling. They are made of open-cell or closed-cell materials, coated with different types of pressure-sensitive adhesives (PSAs), and are available in a variety of thicknesses. The performance properties of double-sided tapes include vibration dampening, compensation for uneven surfaces, shock absorption, and thermal sealing between substrates at different temperatures. They can also be used as seals to prevent the passage of moisture, gases, air, and humidity.

Click Here to Get Free Sample Copy of This Report (Including Full TOC, Table & Figures) at@ https://www.reportsanddata.com/sample-enquiry-form/1925

This report covers complete upcoming and present trends applicable to the market along with restrictions and drivers in the business development. It offers industry predictions for the forthcoming years. This research analyzes main markets and their sub-segments, evolving patterns and pressures on the industry, strategic perspectives and shifting situations of supply and demand, quantifies opportunities with the size of the market and forecasts the market, and monitors emerging developments/opportunities/challenges.

Double Sided Tape Market Top Players (Market Analysis, Opportunities, Demand, Forecasting)

  • 3M Company,
  • Lintec Corporation,
  • Shurtape Technologies, LLC,
  • Lohmann GmbH & Co. Kg,
  • Avery Dennison Corporation,
  • Nichiban Co. Ltd.,
  • Nitto Denko Corporation,
  • TESA SE,
  • Intertape Polymer Group, Inc.,
  • Toyochem Co. Ltd,
  • Scapa Group Plc,
  • Industrias Tuk, Mactac, LLC,
  • Saint-Gobain Performance Plastics,
  • Atp Adhesive Systems AG,
  • Ajit Industries,
  • and Toyochem Co. Ltd,
  • among others.

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Segmentation: Global  Double Sided Tape Market

Based on Product Type:

  • Silicone
  • Rubber
  • Acrylic
  • Others

Based on Technology:

  • Solvent-based
  • Water-based
  • Hot-Melt

To know more about the report @ https://www.reportsanddata.com/report-detail/double-sided-tape-market

Further key findings from the report suggest

  • Among the technology, the hot-melt accounts for the largest market share of ~43% in the year 2018. The segment is forecasted to grow with a CAGR of 7.0% during the forecast period. Hot-melt adhesive tapes form a lasting and robust bond, well-suited to applications that need a long-lasting adhesive. Humidity, moisture, and other environmental conditions have minimal effect on the durability of the bond. This makes the adhesives appropriate for outdoor repairs, or crafts intended to be exposed to water. Moreover, these adhesive tapes have minimal waste and are made of extremely safe compounds.
  • The acrylic adhesive tapes account for the largest market share of ~32% in the year 2018. Acrylic adhesive tapes are used for a wide range of substrates. They provide durability, transmittance, UV resistance, and reasonable temperature resistance. Acrylic adhesive tapes are mainly for sealing, bonding, or surface protection applications.
  • The silicone adhesive tapes are forecasted to grow with the CAGR of 6.7% during the forecast period. Silicones adhesive tapes provide temperature cycling resistance, flexibility, chemical resistance, and a wide range of possible material properties. Silicone adhesive tapes are significantly more expensive as compared to other adhesive tapes, but due to their excellent high-temperature performance, these tapes are ideal for splicing tapes, masking tapes, and polyimide tapes.

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Competitive Landscape

Global Double Sided Tape market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Double Sided Tape market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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Mulch Films Market

Adhesives and Sealants Market

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