Double-Sided Nano Tape Market Trends and Forecast
The future of the global double-sided nano tape market looks promising with opportunities in the electrical & electronic, healthcare, food & beverage, automotive, consumer goods & retail, paper & printing, and building & construction markets. The global double-sided nano tape market is expected to grow with a CAGR of 17.4% from 2024 to 2030. The major drivers for this market are increasing demand for electronics and automotive industries, growing preference for products that are eco-friendly and reduce waste, and rising reusable and residue-free properties in double-sided nano tapes.
• Lucintel forecasts that gel material is expected to witness the highest growth over the forecast period.
• Within this market, electrical & electronic is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Double-Sided Nano Tape Market
• United States: 3M announced the expansion of its production facility to increase the output of double-sided nano tapes by 25% to meet rising demand from the electronics and automotive sectors.
• Germany: Tesa SE introduced a new range of eco-friendly double-sided nano tapes, aiming to achieve 50% of its adhesive products made from sustainable materials by 2025.
• China: Avery Dennison opened a new manufacturing plant in Suzhou, enhancing its capacity for double-sided nano tapes to cater to the booming electronics industry.
• Japan: Nitto Denko Corporation set a target to boost its double-sided nano tape production by 30% within the next two years, focusing on innovations for flexible electronics and 5G applications.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Double-Sided Nano Tape Market by Segment
The study includes a forecast for the global double-sided nano tape market by type, application, and region.
Double-Sided Nano Tape Market by Type [Value from 2018 to 2030]:
• Gel Material
• Plastic Material
• Paper Material
Double-Sided Nano Tape Market by Application [Value from 2018 to 2030]:
• Electrical & Electronics
• Healthcare
• Food & Beverages
• Automotive
• Consumer Goods & Retail
• Paper & Printing
• Building & Construction
• Others
Double-Sided Nano Tape Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Double-Sided Nano 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-sided nano tape companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the double-sided nano tape companies profiled in this report include-
• Guangzhou New Vision New Material Technology
• 3M
• Tesa
• Sekisui Chemical
• Broadya Adhesive Products
Recent Development in the Double-Sided Nano Tape Market
• 3M: Expansion of Manufacturing Capabilities 3M announced an expansion of its manufacturing capabilities to meet the rising demand for double-sided nano tapes. The company is investing in advanced production facilities and incorporating cutting-edge technologies to enhance product quality and production efficiency. This move is aimed at strengthening its market position and catering to a broader range of industrial applications.
• Tesa SE: Introduction of Eco-friendly Nano Tapes Tesa SE has introduced a new line of eco-friendly double-sided nano tapes made from sustainable materials. This initiative is part of the companyÄX%$%Xs commitment to environmental sustainability and reducing carbon footprint. The new product line is expected to attract environmentally conscious consumers and industries looking for green alternatives.
• Nitto Denko Corporation: Strategic Partnership for Innovation Nitto Denko Corporation has entered into a strategic partnership with a leading technology firm to develop innovative double-sided nano tapes with enhanced adhesive properties and durability. This collaboration aims to leverage both companiesÄX%$%X expertise to create high-performance products tailored for advanced electronic and automotive applications.
• Avery Dennison: Launch of High-Temperature Resistant Tapes Avery Dennison has launched a new range of double-sided nano tapes designed to withstand high temperatures, making them suitable for automotive and aerospace industries. This new product line addresses the need for reliable adhesive solutions in extreme environments, enhancing Avery DennisonÄX%$%Xs portfolio in specialized applications.
• Scapa Group: Acquisition to Expand Product Portfolio Scapa Group has acquired a smaller adhesive tape manufacturer to expand its product portfolio in the double-sided nano tapes market. This acquisition is expected to increase ScapaÄX%$%Xs market share and provide access to new technologies and production capabilities, allowing the company to offer a more diverse range of products to its customers.
Features of the Global Double-Sided Nano Tape Market
Market Size Estimates: Double-sided nano tape market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Double-sided nano tape market size by type, application, and region in terms of value ($B).
Regional Analysis: Double-sided nano 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-sided nano tape market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the double-sided nano 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-sided nano tape market?
Answer: The global double-sided nano tape market is expected to grow with a CAGR of 17.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the double-sided nano tape market?
Answer: The major drivers for this market are increasing demand for electronics and automotive industries, growing preference for products that are eco-friendly and reduce waste, and rising reusable and residue-free properties in double-sided nano tapes.
Q3. What are the major segments for double-sided nano tape market?
Answer: The future of the global double-sided nano tape market looks promising with opportunities in the electrical & electronic, healthcare, food & beverage, automotive, consumer goods & retail, paper & printing, and building & construction markets.
Q4. Who are the key double-sided nano tape market companies?
Answer: Some of the key double-sided nano tape companies are as follows:
• Guangzhou New Vision New Material Technology
• 3M
• Tesa
• Sekisui Chemical
• Broadya Adhesive Products
Q5. Which double-sided nano tape market segment will be the largest in future?
Answer: Lucintel forecasts that gel material is expected to witness the highest growth over the forecast period.
Q6. In double-sided nano tape market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
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-sided nano tape market by type (gel material, plastic material, and paper material), application (electrical & electronics, healthcare, food & beverages, automotive, consumer goods & retail, paper & printing, building & construction, 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-Sided Nano Tape Market Market, Double-Sided Nano Tape Market Market Size, Double-Sided Nano Tape Market Market Growth, Double-Sided Nano Tape Market Market Analysis, Double-Sided Nano Tape Market Market Report, Double-Sided Nano Tape Market Market Share, Double-Sided Nano Tape Market Market Trends, Double-Sided Nano Tape Market Market Forecast, Double-Sided Nano Tape Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.