Global Automotive Adhesive tape Market

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Global Automotive Adhesive Tape Market Outlook
Industry Insights Opportunity Evaluation,
2017-2024
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Global Automotive Adhesive tape Market
Overview Automotive adhesive tape is a thin
strip of adhesive coated on plastic and is used
to assemble, coat or stick parts together. These
tapes do serve the purpose of lamination of bolts
and welds in the automobile industry. Rapid
growth of automobile industry is garnering the
growth of automotive adhesive tape market. It
cannot be ignored that automotive adhesive tapes
are cheaper than conventional mechanical
fasteners which have further foster the growth.
Apart from this, demand of lightweight vehicles
has led to the replacement of mechanical
fasteners with adhesive tapes. Based on
application, it is fragmented as interior
application and exterior application. Interior
application part covers cable harness and part
assembling. On the other hand, exterior usage
covers labeling and fixing parts. Interior
application tapes accounts for the largest market
share of automotive adhesive tapes market.
Further, these tapes are backed by various
materials such as PVC and clothes to increase
their strength and tear and wear resistance. On
26 April 2017, Strouse manufacturer announces
their expansion in Westminster, U.K. Market
Size and Forecast
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Global Automotive Adhesive tape Market is
expected to reach USD 11.91 billion by 2024
from USD 7.2 billion in 2016. Further,
automotive adhesive tape market is anticipated
t0 witness a CAGR (compound annual growth rate)
of 5.27 over the forecast period
2017-2024. Asia-Pacific held the largest
percentage market share in 2016 and is
anticipated to continue its dominance over the
forecast period. Further, Asia-Pacific
automotive adhesive tape market is expected to
grow at a CAGR of 5.79 owing to the rise in
demand and manufacture of automobiles. Countries
such as China, Japan, India and South Korea are
the major automotive adhesive tapes utilizer
accounting for more than 80 consumption. Europe
is anticipated to witness slower growth rate
than Asia-Pacific.
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Furthermore, North America captures more than
22 market share and is envisioned to bolster
automotive adhesive tape market due to the
existence of major companies such as 3M and PPG
Company. Apart from this, new advance
technologies and development of efficient and
long lasting tapes is expected to propel the
market over the forecast period. For Sample
Pages please go through link below http//www.re
searchnester.com/sample-request/2/rep-id-280 More
over, riding on the back of rising demand of
automobiles and setup of manufacturing plants,
the market of Latin America is anticipated to
witness during the forecast period. Market
Segmentation
Our in-depth analysis segmented market in the
following segments
the global automotive adhesive

• By Types
• Polyester Tapes
• Polypropylene Tapes
• Paper Tape
• Polyvinyl Chloride Tapes
• Foam Tapes
• Cloth Tapes

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• By Material Type
• Acrylic
• Natural rubber
• Butyl
• Others (Anaerobic Adhesives, epoxy adhesives)
• By Backing Material
• Masking tapes
• Double-sided tapes
• Reinforced tapes
• Specialty tapes
• By Application
• Interior
• Exterior
• By Region
• Global Automotive Adhesive tape market is further
  classified on the basis of region as follows

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• Asia-Pacific (China, India, Japan, Singapore,
  Australia, New Zealand,
• South Korea Rest of Asia) Market size, Y-O-Y
  growth Opportunity Analysis
• Middle East and North Africa (MENA) Market Size
  and Y-O-Y Growth Analysis
• Growth Drivers and Challenges
• Rise in demand of lightweight vehicles
  automobiles is expected to be dynamic factor
  behind the quick growth of automotive adhesive
  tape market. Automotive manufacturers are moving
  from mechanical fasteners to automotive adhesive
  tape to cut down the weight of vehicles. Apart
  from this, increasing number of plastic parts in
  automobiles is expected to grow the demand of
  automotive adhesive tape all over the world.
  Increasing usage of exterior applied adhesive
  can be expected to positively impact the demand.
• However, legislation regarding the prohibition on
  use of certain chemicals and lack of environment
  friendly adhesive tapes is anticipated to
  restrain the growth of global automotive adhesive
  tape market.
• Key players
• Henkel AG Co. KGAA
• Avery Dennison Corporation
• 3M Company
• HB fuller

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• Tesa SE
• Intertape Polymer Group
• Lohmann GmbH Co. Kg.
• Scapa Group Plc
• Shurtape Technologies, LLC
• Lintec Corporation
• Scope and Context
• Overview of the Parent Market Analyst View
• Segmentation
• The Global Automotive Adhesive tape Market is
  segmented as follows
• By Type Market Size Y-O-Y Growth Analysis
• By Material Type Market Size Y-O-Y Growth
  Analysis
• By Backing Material Market Size Y-O-Y Growth
  Analysis
• By Application Market Size Y-O-Y Growth
  Analysis
• By Region Market Size Y-O-Y Growth Analysis

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Geographical Economic Activity Key Players
(respective SWOT Analysis) and their Strategies
and Product Portfolio Recent Trends and
Developments Industry Growth Drivers and
Challenges Key Information for Players to establi
sh themselves in current dynamic environment To
know more about Global Automotive Adhesive tape
Market research, please visit
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dhesive- tape-market-global-demand-analysis-oppor
tunity-outlook- 2024/280
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