Global Double Coated Foam Tape Market – Industry Trends and Forecast to 2028

Market Analysis and Insights : Global Double Coated Foam Tape Market

The double coated foam tape market is expected to witness market growth at a rate of 5.4% in the forecast period of 2021 to 2028. Data Bridge Market Research report on double coated foam tape market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the performance of double coated foam tapes is being broadly utilized in tandem with the damping materials adopted by the automotive industry is escalating the growth of double coated foam tape market.

Double coated foam tapes can be defined as an ideal solution for the mounting applications, mainly in the building and construction industry and also for sticking several materials to uneven surfaces when there is a need of high strength adhesion.

Major factors that are expected to boost the growth of the double coated foam tape market in the forecast period are the broad utilization of foam tape in the several industries. Furthermore, the increase in the need for foam tape is further anticipated to propel the growth of the double coated foam tape market. Also, the growing of the demand for acrylic-backed foam tape is further estimated to cushion the growth of the double coated foam tape market. On the other hand, the rise in the costs of raw materials and end products is further projected to impede the growth of the double coated foam tape market in the timeline period.

In addition, the developments in the manufacturing technology and end products and the rise in the need for acrylic-backed foam tape in the automotive industry will further provide potential opportunities for the growth of the double coated foam tape market in the coming years. However, the application of strict governing policies might further challenge the growth of the double coated foam tape market in the near future.

This double coated foam tape market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on double coated foam tape market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Double Coated Foam Tape Market Scope and Market Size

The double coated foam tape market is segmented on the basis of material type, adhesive type, application and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets. 

• On the basis of material type, the double coated foam tape market is segmented into polyethylene (PE), polyurethane resins (PUR), polyvinyl chloride (PVC), polyethylene tetraphlate (PET), polypropylene (PP), and others.
• On the basis of adhesive type, the double coated foam tape market is segmented into acrylic-based, rubber-based and silicon-based.
• On the basis of application, the double coated foam tape market is segmented into mounting, sound dampening, glass glazing, high temperature applications, bonding and others.
• On the basis of end user, the double coated foam tape market is segmented into automotive, building and construction, household, electrical and electronics and others.

Double Coated Foam Tape Market Country Level Analysis

The double coated foam tape market is analysed and market size, volume information is provided by country, material type, adhesive type, application and end user as referenced above.    

The countries covered in the double coated foam tape market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. 

Asia-Pacific dominates the double coated foam tape market due to the rise in the development prospects foreseen. Furthermore, the occurrence of major key players will further boost the growth of the double coated foam tape market in the region during the forecast period. Europe is projected to observe significant amount of growth in the double coated foam tape market due to the manufacturing infrastructure. Moreover, the technological developments, and easy accessibility of raw materials is further anticipated to propel the growth of the double coated foam tape market in the region in the coming years.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Double Coated Foam Tape Market Share Analysis

The double coated foam tape market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to double coated foam tape market.

The major players covered in the double coated foam tape market report are 3M, Intertape Polymer Group, tesa Tapes (India) Private Limited, Berry Global Inc., Scapa Group plc., Shanghai YGZC New Materials Technology (Group) Co., Bow Tape CO., LTD, Essentra plc, J R TAPE PRODUCTS PVT. LTD., V. Himark (USA) Inc., Parafix Tapes & Conversions Ltd., Guangzhou Broadya Adhesive Products Co., Ltd, Saint-Gobain, NITTO DENKO CORPORATION., LAMATEK, Inc., AVERY DENNISON CORPORATION, LINTEC Corporation, Adhere Industrial Tapes, S Gergonne Industrie SAS, Adhesive Applications, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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