Structural Adhesive Tapes Market Estimated to be Driven by Innovation and Industrialization 2023-2031 | 3M, Avery Dennison Corporation, Berry Global Inc., Intertape Polymer Group

PRESS RELEASE
Published February 14, 2023

New York, According to a new market research report published by Global Insight Services “Structural Adhesive Tapes Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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Structural adhesive tapes are a class of tapes that are designed to provide structural support in a wide variety of applications. These tapes are typically made from high-strength materials such as Kevlar or carbon fiber, and they are often used in applications where traditional fasteners would not be able to provide the same level of support. Structural adhesive tapes can be used to reinforce joints, attach components to surfaces, and provide additional support in a wide variety of other applications.

Key Trends

Some of the key trends in structural adhesive tapes technology include:

1. Increased use of high-strength adhesives: High-strength adhesives are becoming increasingly popular for use in structural adhesive tapes due to their superior bonding strength and durability.

2. Improved weather resistance: Newer formulations of structural adhesive tapes are designed to resist degradation from UV light and moisture, making them ideal for outdoor applications.

3. Increased use of environmentally friendly formulations: Many manufacturers are now offering structural adhesive tapes made from eco-friendly materials, such as recycled plastics.

4. Improved adhesion to difficult surfaces: Newer generations of structural adhesive tapes boast improved adhesion to difficult surfaces such as powder-coated metals and low-surface-energy plastics.

Key Drivers

The key drivers of the Structural Adhesive Tapes market are the growing demand for lightweight vehicles, the increasing use of composites in the automotive industry, and the growing construction industry.

The demand for lightweight vehicles is driven by the need to reduce fuel consumption and emissions. Composites are used in the construction of lightweight vehicles to reduce weight and improve fuel efficiency. The use of composites in the automotive industry is growing due to the benefits they offer in terms of weight reduction, stiffness, and impact resistance. The construction industry is another major driver of the Structural Adhesive Tapes market as these tapes are used in a variety of applications such as bonding, sealing, and reinforcement.

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Market Segmentation

 By Resin Type

  • Acrylics
  • Rubber
  • Silicone
  • Others

By Backing Material

  • PVC
  • Paper
  • Woven/Non-woven
  • PET
  • Others

Key Players

The key players in the market are 3M, Avery Dennison Corporation, Berry Global Inc., Intertape Polymer Group, LINTEC Corporation, Lohmann GmbH & Co.KG ,Nitto Denko Corporation, Rogers Corporation, Scapa and Tesa SE.

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Reasons to buy Structural Adhesive Tapes Market Report:

• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions. If you notice any problem with this content, please feel free to reach us on mediarelations@xherald.com.

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