According to Tanalyze, the global adhesive tapes market is projected to experience a compound annual growth rate (CAGR) of 6.8% during the forecast period, reaching a projected value of USD 18.32 billion by 2029.
This report conducts an analysis of the segmentation of the global adhesive tapes market by product type for the forecast period. Key segments include pressure-sensitive tapes, heat-activated tapes, and water-activated tapes. The pressure-sensitive tapes segment has exhibited significant growth. Pressure-sensitive adhesives (PSAs) are characterized by their tackiness at room temperature, adhering firmly to substrates upon the application of finger or hand pressure. Common substrates include paper, plastic, glass, wood, cement, and metal. This segment is projected to reflect a CAGR of 5.1% during the forecast period (2024-2029).
The report also examines the global adhesive tapes market size across various raw material segments, including acrylic, rubber, silicones, epoxy, and polyurethane for the specified period. Projections indicate a continued upward trajectory, with the acrylic segment’s market size expected to represent a CAGR of 5.8% during the forecast period from 2024 to 2029. Acrylic adhesives excel in high-heat applications, offering faster setting times and stronger bonds compared to rubber-based counterparts. They also provide resistance to solvents and demonstrate long-term aging properties.
Furthermore, the global adhesive tapes market can be segmented by end-user, encompassing packaging, consumer goods, automotive and transportation, electrical and electronics, construction, and others. The packaging segment exhibited growth from 2020 to 2023. Sustainability priorities and the rise of eCommerce are driving tape demand within the packaging industry. Packaging companies are increasingly focused on minimizing costs and optimizing material usage, seeking products and technologies that promote resource efficiency, with the market reflecting a CAGR of 6.1%.
In terms of geography, Asia-Pacific has emerged as the dominant player in the adhesive tapes market studied in 2023. Asia-Pacific stands as the dominant force in the global tapes market, driven by robust growth across various end-industries within the region. Factors such as substantial population growth, increasing disposable income, and rapid urbanization are accelerating demand in sectors including packaging, consumer electronics, automotive production, construction, healthcare, and hygiene products. This surge in demand is propelled by the preference for convenient and easily installable products. Following closely behind are North America and Europe.
Prominent vendors shaping competitive dynamics include 3M Company, Nitto Denko Corporation, Tesa SE, Lohmann GmbH & Co. KG, L&L Products Inc., Avery Dennison Corporation, Sika AG, Dow Chemical Company, Henkel AG & Co. KGaA, Scapa Group Ltd., PPM Industries S.p.A., among other players.
This study aims to analyze the global market for various segments of adhesive tapes, including:
Product Type: Pressure-Sensitive Tapes, Heat Activated Tape, and Water Activated Tapes.
Raw Materials: Acrylic, Rubber, Silicones, Epoxy and Polyurethane.
Function: Bonding Tapes, Masking Tapes, Transfer Tapes, and Others.
Technology: Water Based Tapes, Solvent Tapes, Hot Melt Tapes, and Others.
End-User: Packaging, Consumer Goods, Automotive and Transportation, Electrical and Electronics, Construction, and Others.
Region: North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA).
Table of Contents
TABLE OF CONTENTS
TABLE OF CONTENTS 1
FIGURES AND TABLES 4
Part 1. Key Findings 7
Part 2. Scope and Methodology 8
Report Scope 9
Product Type 9
Raw Materials 9
Function 9
Technology 9
End-User 9
Region 10
Research Methodology 11
Part 3. Adhesive Tapes Market Overview 13
Summary 13
Introduction 15
Part 4. Market Dynamics 18
Growth Drivers and Future Trends 18
Restraints and Challenges 19
Opportunities 20
Part 5. Global Adhesive Tapes Market by Product Type 22
Pressure-Sensitive Tapes 25
Heat Activated Tape 26
Water Activated Tapes 28
Part 6. Global Adhesive Tapes Market by Raw Materials 29
Acrylic 34
Rubber 35
Silicones 36
Epoxy and Polyurethane 37
Part 7. Global Adhesive Tapes Market by Function 38
Bonding Tapes 41
Masking Tapes 42
Transfer Tapes 43
Others Function 44
Part 8. Global Adhesive Tapes Market by Technology 46
Water Based Tapes 49
Solvent Tapes 50
Hot Melt Tapes 51
Others 52
Part 9. Global Adhesive Tapes Market by End-User 53
Packaging 56
Consumer Goods 58
Automotive and Transportation 60
Electrical and Electronics 64
Construction 65
Others End-User 67
Part 10. Global Adhesive Tapes Market by Region 68
North America 72
Europe 73
Asia Pacific 74
Latin America 75
Middle East and Africa 76
Part 11. Adhesive Tapes Market Competitive Analysis 77
Global Adhesive Tapes Market Competition Overview 77
3M Company 80
Business Overview 80
Contact Information 82
Nitto Denko Corporation 83
Business Overview 83
Contact Information 85
Tesa SE 86
Business Overview 86
Contact Information 86
Henkel AG & Co. KGaA 87
Business Overview 87
Contact Information 89
Other Leading Competitors 90
Disclaimer 91
FIGURES AND TABLES
Global Adhesive Tapes Market, Net Growth, 2020-2029 (USD Million)
Global Adhesive Tapes Market, Net Growth, 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market by Product Type, 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market Share (%), by Product Type, 2023/2029
Global Adhesive Tapes Market by Product Type, CAGR Historic and Forecast, 2020-2029
Global Adhesive Tapes Market for Pressure-Sensitive Tapes: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Heat Activated Tape: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Water Activated Tapes: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market by Raw Materials, 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market Share (%), by Raw Materials, 2023/2029
Global Adhesive Tapes Market by Raw Materials, CAGR Historic and Forecast, 2020-2029
Global Adhesive Tapes Market for Acrylic Raw Materials: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Rubber Raw Materials: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Silicones Raw Materials: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Epoxy and Polyurethane Raw Materials: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market by Function, 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market Share (%), by Function, 2023/2029
Global Adhesive Tapes Market by Function, CAGR Historic and Forecast, 2020-2029
Global Adhesive Tapes Market for Bonding Tapes: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Masking Tapes: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Transfer Tapes: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Others Function: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market by Technology, 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market Share (%), by Technology, 2023/2029
Global Adhesive Tapes Market by Technology, CAGR Historic and Forecast, 2020-2029
Global Adhesive Tapes Market for Water Based Tapes: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Solvent Tapes: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Hot Melt Tapes: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Others Technology: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market by End-User, 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market Share (%), by End-User, 2023/2029
Global Adhesive Tapes Market by End-User, CAGR Historic and Forecast, 2020-2029
Global Adhesive Tapes Market for Packaging: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Consumer Goods: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Automotive and Transportation: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Electrical and Electronics: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Construction: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market for Others End-User: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market Share (%), by Region, 2023
Global Adhesive Tapes Market by Region, 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market Share (%), by Region, 2023/2029
Global Adhesive Tapes Market by Region, CAGR Historic and Forecast, 2020-2029
North America Adhesive Tapes Market: 2020-2029 (Thousand Tons)
Europe Adhesive Tapes Market: 2020-2029 (Thousand Tons)
Asia Pacific Adhesive Tapes Market: 2020-2029 (Thousand Tons)
Latin America Adhesive Tapes Market: 2020-2029 (Thousand Tons)
Middle East and Africa Adhesive Tapes Market: 2020-2029 (Thousand Tons)
Global Adhesive Tapes Market Share, by Top Players, 2023
3M Company Financial Overview (USD Million) , 2019-2023
3M Company Revenue, by Segment, 2023
3M Company Revenue, by Region, 2023
Nitto Denko Corporation Financial Overview (JPY Million), 2019-2023
Nitto Denko Corporation Revenue, by Segment, 2023
Nitto Denko Corporation Revenue, by Region, 2023
Tesa SE Financial Overview (EUR Million), 2019-2023
Henkel AG & Co. KGaA Financial Overview (EUR Million), 2019-2023
Henkel AG & Co. KGaA Revenue, by Segment, 2023
Henkel AG & Co. KGaA Revenue, by Region, 2023