Global Acrylic Foam Tape Market by Product Type (Double Sided Tape, Single Sided Tape, Self Stick Tape), By Application (Automotive, Building and Construction, Home Appliances and Electronics, Others), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

  • TBI262974
  • September 16, 2021
  • Global
  • 145 pages
  • Market.US
                                              

Report updated on 11th September, 2021: Global Acrylic Foam Tape Market by Product Type (Double Sided Tape, Single Sided Tape, Self Stick Tape), By Application (Automotive, Building and Construction, Home Appliances and Electronics, Others), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2030 (Includes Business Impact of COVID-19)

Trusted Business Insights has published a comprehensive market research report on, Global Acrylic Foam Tape Market by Product Type (Double Sided Tape, Single Sided Tape, Self Stick Tape), By Application(Automotive, Building and Construction, Home Appliances and Electronics, Others), and by Region -Global Forecast to 2030, which offers a holistic view of the global acrylic foam tape market through systematic segmentation that covers every aspect of the target market. The global acrylic foam tape market is projected to be US$ 1,923.5 Mn in 2020 to reach US$ 3,910.8 Mn by 2030 at a CAGR of 7.4%. Acrylic foam tapes are replacing liquid adhesives, rivets, screws and spot welds in various applications where high strength bond is crucial. These tapes can withstand in the wide temperature range. Because of viscoelasticity of the acrylic foam tape, it can be used to bond dissimilar materials such as steel and glass, aluminium and glass and so on. It provides optimal surface contact with different materials. It also absorbs shocks and hence used mainly outdoors because of its very high bond strength even at adverse conditions. It is also used for indoor applications. These tapes are being used widely in various industries such as the automotive industry to mount various external parts of the vehicle and to attach exterior parts to the aircraft and so on. As the automotive industry is growing, it is expected to fuel the market growth of acrylic foam tapes. At room temperature, acrylic foam tapes provide excellent adhesion to surfaces. This is forecasted to help in the market performance. Stress is optimally dissipated which ensures bond remains intact for a long period. This is likely to aid in market growth. They have been proven to be very effective and even superior to mechanical fasteners in some studies. As end-user industries of acrylic foam tape continue to expand it is supposed to enhance the demand for these tapes. Need for double-sided acrylic foam tape is predominant as it bonds dissimilar materials which are required in many industrial applications.

Global Acrylic Foam Tape Market Revenue (US$ Mn), 2021 to 2030

Long shelf life, as well as long life of high strength bond, makes acrylic foam tape a preferred choice for many industries which is anticipated to aid in the market growth. Acrylic foam tapes are used in automotive, aircraft, construction and so on. As these industries are expanding dynamically, demand for these tapes is projected to rise.

Global Acrylic Foam Tape Market by Formulation, 2018

On the basis of product type, the market is segmented into Double Sided Tape, Single Sided Tape and Self Stick Tape. Double Sided Tape accounts for the majority share in the global acrylic foam tape market. On the basis of region, the market is segmented into North America, Europe, APAC, South America and MEA. North America accounts for the majority share in the global acrylic foam tape market, followed by Europe. The research report on the global acrylic foam tape market includes profiles of some of the major companies such as 3M, Nitto Denko Corp, Compagnie de Saint-Gobain S.A, Intertape Polymer Group Inc., Beiersdorf AG, Avery Dennison Corporation, Scapa Group plc, Teraoka Seisakusho Co., Ltd., Velcro Industries N.V. etc.

Below are the active patents related to Integrated Automated Supply Chain Market.

Patent Number: US20040260024A1 Linerless double-sided pressure sensitive adhesive tape Abstract The present invention relates to a double-sided pressure sensitive adhesive foam tape. In certain embodiments the foam tape does not require the use of a release liner. Elimination of the release liner reduces the cost of the tape and also avoids problems associated with damage to the liner during traditional tape manufacturing from exposure to e-beam radiation. Application File Date: 2003-06-20 Application Granted Date: 2005-03-08 Current Assignee : 3M Innovative Properties Co Patent Number: JP2014534303A Automotive adhesive tape Abstract The present invention includes an acrylic foam layer; and a rubber-based adhesive layer formed on both sides of the acrylic foam layer, wherein the rubber-based adhesive layer has a gel content of 40% or more. Provide adhesive tape. In order to achieve the object of the present invention, the method further comprises the steps of: producing an acrylic foam layer; forming a rubber-based adhesive layer on one or both sides of the acrylic foam layer; A step of producing a styrene block copolymer; a step of adding a tackifier and a plasticizer to the styrene block copolymer to form a rubber-based adhesive layer; and a gel content of the rubber-based adhesive layer Provides a method for producing a pressure-sensitive adhesive layer, comprising a step of 40% or more. Application File Date: 2012-10-11 Application Granted Date: 2016-08-02 Inventor: Chang Ejeong Kim Chancen Yu Seungmin

Key Market Segments

By Type
  • Single Sided Tape
  • Double Sided Tape
  • Self-Stick Tape
BY Application
  • Automotive
  • Building and Construction
  • Home appliances
  • Electronics

Key Market Players included in the report:

  • 3M
  • AFTC
  • AVERY DENNISON CORPORATION
  • Foshan Jintuo Adhesive Products Co.,Ltd
  • HALCO Europe Ltd
  • Helipro Tapes Sdn. Bhd.
  • Himark (USA) Inc
  • Intertape Polymer Group
  • Kubhera Insulation
  • LAMATEK, Inc.
  • LINTEC Corporation
  • Lohmann GmbH & Co. KG
  • Lynvale Ltd
  • Nippon Industries
  • NITTO DENKO CORPORATION
  • RPM International Inc.
  • Scapa
  • SEAL KING IND CO., LTD.
  • Shenzhen Xinst Technology Co.,Ltd
  • Speciality Tapes Industry
  • tesa Tapes (India) Private Limited
  • Wuxi Canaan Adhesive Technology Co., Ltd

Below are the key development related to Acrylic Foam Tape Market in 2020 and 2021.

June 2021: Intertape Polymer Group Announces Agreement to Acquire Nuevopak. announced it has entered into a definitive agreement to acquire Nuevopak Global Limited (“Nuevopak”) for approximately $43.8 million in total cash consideration, consisting of $34.8 million to be paid at closing and the remaining amount, subject to certain post-closing adjustments and potential contingent consideration, to be paid within three years from the date of closing. All amounts are in US dollars. Source June 2021: RPM International Inc. Appoints American Stock Transfer & Trust as Transfer Agent. announced that it has appointed American Stock Transfer & Trust Company, LLC (“AST”) as RPM’s new stock transfer agent and registrar of RPM’s common stock, effective immediately. AST was originally founded as a transfer agent in 1971. Source

Chapter 1 Global Acrylic Foam Tape Market Overview

1.1 Introduction
1.2 Drivers for Global Acrylic Foam Tape Market
1.3 Restraints for Global Acrylic Foam Tape Market
1.4 Global Acrylic Foam Tape Market by Product Type

1.4.1 Global Acrylic Foam Tape Revenue (US$ Mn) Comparison by Product Type (2012-2028)
1.4.2 Global Acrylic Foam Tape Revenue (US$ Mn) Market Share by Product Type in 2018
1.4.3 Global Acrylic Foam Tape Market Attractiveness Analysis by Product Type, 2012–2018


1.5 Global Acrylic Foam Tape Market by Application

1.5.1 Global Acrylic Foam Tape Revenue (US$ Mn) Comparison by Ap
|  read more...

Request a sample

Fill below form to request a sample

Enquiry

Please fill this form to enquire before buying

Discount

You can request for discount regarding the report by using below form