Global Automotive Adhesive Tape Market

The growing trend of lean manufacturing of automotive with the knack of designing and manufacturing lighter weight vehicles have required the designers and engineers to find out new prospective ways and materials to solve the challenges in designing in the auto-manufacturing industry. Adhesive tapes have the ability of providing highly efficient and effective bonding solutions for auto assembly processes. They are faster, easier and hassle free in comparison to the traditional fastening methods such as rivets, welds and screws. Also, auto assemblies bonded with adhesives do not require any punching or grilling of holes and also leads to an elimination of double check of fastening operations and requirement for torque measurements. Custom die cut adhesive tapes are easier to apply and are cost effective, therefore making this option a less expensive method in comparison to the traditional bonding processes. Structural bonding tapes used with certain adhesives are utilised effectively for attaching plastic or metal clips to primed or painted body panels thereby eliminating the need of stamping holes in sheet metals.

Market Dynamics:

Due to the steady growth in the automotive sector, there has been an increasing demand for the automotive adhesive tapes. Along with this, there has been a rising demand of adhesive tapes for applications such as noise vibration, masking, wire harnessing, surface protection, auto body repairs and etc. will be fuelling the growth of the market across the studied period.

An urge of manufacturers to create more environment friendly products and increasing demand of lamination, insulation, protection and masking of automotive wireswill propel market growth of automotive adhesive tapes.In terms of composition of adhesive tapes, the market is presently dominated by taped made from acrylic and double sided tapes are expected to witness significant volume rise during the forecasted period.The segment of silicone-based adhesive tapes, however, is also increasingly gaining importance owing to the several performance benefits of these tapes over conventional organic adhesives. The trend of miniaturization in the field of electronic devices is also expected to emerge as a key driving force for the global adhesive tapes market in the next few years.

APAC, from a geographical perspective has the highest growth in the market accounting for the majority of the market share, more than the share of North America and Europe markets combined. However, an increasing number of stringent regulations to ban the usage of certain varieties of restricted chemicals such as volatile organic compounds (VOCS) can restrict the growth of global market for automotive adhesive tapes. Such restrictions would mostly be affecting the demand of particularly the conventional pressure sensitive adhesive tapes.

Market Segments:

The automotive adhesive tape market can be segmented on the basis of their technology, geographies, application, vehicle type, product type and function type.

Market segmentation in terms of Geographies manufacturing automotive adhesive tapes:

--> APAC

--> North America

--> Europe

--> Latin America

--> Middle East and Africa

Market segmentation in terms of Applications of automotive adhesive tapes:

--> Internal

--> External

Market segmentation in terms of Chemical Compositionof automotive adhesive tapes:

--> Acrylic

--> Natural rubber

--> Butyl

--> Others

Market segmentation in terms of Backing Materialofautomotive adhesive tapes:

--> Paper

--> Cloth

--> Polypropylene

--> PVC

--> Foam

Market segmentation in terms of Product Type ofautomotive adhesive tapes:

--> Single coated

--> Double coated

--> Transfer tape

--> Foam tape

--> Masking tape

--> Reinforced tapes

--> Speciality tapes

Geographical Analysis:

Asia Pacific has been the largest manufacturer of Automotive Adhesive Tape market and has held the highest market share till the year 2016. Also APAC's dominance is expected to continue over the forecasted period and the market is expected to grow owing to the rise in demand and manufacture of the automobiles. Several Asian countries like India, South Korea, China and Japan are amongst the major consumers of automotive adhesive tapes accounting for almost 80% of the consumption of the entire market. Europe on the other hand will have a slower growth in this market in comparison to APAC and North America would see a steady growth in the demand due to presence of major automotive manufacturing companies and advancement in technology and development of more efficient and long lasting tapes in the market.

Key Players:

Some key players in the global automotive adhesive tapes market can be listed down as below:

Adchem Corporation, 3M Company, Saint Gobain, Advance Tapes, American Biltrite Inc, Dow Automotive, L&L Products Inc, Nitto Denko, Johnson Tapes Limited, Intertape Polymer Group, LINTEC Corporation, Lohmann GmbH & Co., Kg.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage