Double Coated Foam Tape Trends and Forecast
The future of the global double coated foam tape market looks promising with opportunities in the automotive, building & construction, household, and electrical & electronics markets. The global double coated foam tape market is expected to grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing demand from the packaging industry and growing adoption in the electrical & electronics industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Double Coated Foam Tape by Segment
The study includes a forecast for the global double coated foam tape by type, application, and region.
Double Coated Foam Tape Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Acrylic-Based
• Rubber-Based
• Silicon-Based
Double Coated Foam Tape Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Automotive
• Building & Construction
• Household
• Electrical & Electronics
• Others
Double Coated Foam Tape Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Double Coated Foam Tape Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies double coated foam tape companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the double coated foam tape companies profiled in this report include-
• Shanghai Yongguan Adhesive
• Guangzhou Broadya Adhesive
• JR Tape Products
• Scapa
• Essentra
• Adhesive Applications
• Avery Dennison
Double Coated Foam Tape Market Insights
Lucintel forecasts that acrylic-based is expected to witness the highest growth over the forecast period due to its versatility in nature and high bond strength.
Within this market, automotive will remain the largest segment.
APAC is expected to witness highest growth over the forecast period due to booming automotive industry, particularly in India and China.
Features of the Global Double Coated Foam Tape Market
Market Size Estimates: Double coated foam tape market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Double coated foam tape market size by type, application, and region in terms of value ($B).
Regional Analysis: Double coated foam tape market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the double coated foam tape market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the double coated foam tape market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for double coated foam tape market?
Answer: The global double coated foam tape market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the double coated foam tape market?
Answer: The major drivers for this market are increasing demand from the packaging industry and growing adoption in the electrical & electronics industry.
Q3. What are the major segments for double coated foam tape market?
Answer: The future of the double coated foam tape market looks promising with opportunities in the automotive, building & construction, household, and electrical & electronics markets.
Q4. Who are the key double coated foam tape market companies?
Answer: Some of the key double coated foam tape companies are as follows:
• Shanghai Yongguan Adhesive
• Guangzhou Broadya Adhesive
• JR Tape Products
• Scapa
• Essentra
• Adhesive Applications
• Avery Dennison
Q5. Which double coated foam tape market segment will be the largest in future?
Answer: Lucintel forecasts that acrylic-based is expected to witness the highest growth over the forecast period due to its versatility in nature and high bond strength.
Q6. In double coated foam tape market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to booming automotive industry, particularly in India and China.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the double coated foam tape market by type (acrylic-based, rubber-based, and silicon-based), application (automotive, building & construction, household, electrical & electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Double Coated Foam Tape Market, Double Coated Foam Tape Market Size, Double Coated Foam Tape Market Growth, Double Coated Foam Tape Market Analysis, Double Coated Foam Tape Market Report, Double Coated Foam Tape Market Share, Double Coated Foam Tape Market Trends, Double Coated Foam Tape Market Forecast, Double Coated Foam Tape Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.