양면 테이프 시장 보고서 : 동향, 예측, 경쟁 분석(-2030년)

Double-Sided Tape Trends and Forecast

The future of the global double-sided tape market looks promising with opportunities in the automotive, building & construction, and electrical & electronic sectors. The global double-sided tape market is expected to reach an estimated $16.8 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing product demand within the packaging sector, growing demand for flexible and wearable electronics, and rising usage of this product in electric vehicle.

Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to its ability to stick to difficult materials like glass, metal, and plastics as well as its resistance to UV light and temperature.

Within this market, building & construction will remain the largest segment due to considerable use of double sided tapes in this sector owing to its clean and straightforward way to mount signs, mirrors, panels, and other construction materials, allowing for quick installation and flexibility in design.

APAC will remain the largest region over the forecast period due to extensive demand for double sided tapes among various end use industries, such as automotive, aerospace, and consumer electronics in the region.

Emerging Trends in the Double-Sided Tape Market

The new trends in the double-sided tape market have spurred innovation and huge transformation processes. These include recent advances in adhesive technologies, widening applications across industries, and concerns for sustainability. Quite understandably, without comprehending these trends, stakeholders will be unable to adapt to the changing market conditions and seize new opportunities.

• Advanced Adhesive Technologies: Developments in adhesives continue to push the performance envelope for double-sided tapes in terms of higher bonding strength, temperature resistance, and durability. Among others, high-performance acrylic adhesives include even silicone-based products that extend uses from electronics to the automotive sector.
• Eco-Friendly and Sustainable Options: Eco-friendly and sustainable double-sided tapes have become more favorable. The trend lies more towards tapes made from recyclable materials, and adhesives with a low impact on the environment, due to increased demands by consumers for products that are environmentally responsible, plus increased regulatory pressures toward sustainability.
• Growth in E-Commerce and Packaging: In turn, the growth of e-commerce is increasing demand for double-sided tapes in packaging applications. Tapes play a vital role in securing packaging and presenting products. Their consumption has been growing consistently with the growth in online shopping. Innovations in the design and functionality of the tape are being appropriately made to suit the requirements of the packaging industry.
• Customized Solutions for Industrial Applications: The application of customized double-sided tapes is gaining ground in most industries. As demands for high adhesion, temperature resistance, and electrical insulation performance, among others, from the automotive, aerospace, and electronic industries continue to grow, so does the necessity of tailored tapes.
• Increased Adoption in Automotives and Electronics: The automotive and electronics industries find more and more applications of double-sided tapes in their manufacturing and assembly. These sectors represent high-performance tapes used for the bonding of trim, insulation, and component assembly applications. Therefore, the demand for specialty tapes with value-added properties advances growth in these sectors.

These trends are redefining the double-sided tape market in terms of driving technological advancement, promoting sustainability, and expanding its applications. Eco-friendly product focus, customized solutions, and expanding packaging and industrial applications show that the market reflects dynamic changes in priorities. Such developments need to be looked into by companies in order to be competitive and answer the needs of such a dynamic industry.

Recent Developments in the Double-Sided Tape Market

The development of some important incidents in the double-sided tape market represents how the industry adapts to new technological development, changes in consumer preference, and requirements for changes in applications. These incidents herald the direction in which the markets would be headed and where the future of double-sided tapes would be.

• Some of the high-performance double-sided tapes have achieved certain key developments in the market. These tapes have achieved improved adhesion with increased durability and greater resistance from the environment, such as temperature and moisture. Because these tapes are increasingly required for high-demanding applications in the likes of automobile assembly and electronics, their demand is correspondingly increased due to their need for reliability and performance.
• Advances in Adhesive Material: The double-sided tape industry is one of the most innovative for adhesive materials. Advanced formulations for acrylic and silicone adhesives are two of the new, innovative adhesives in double-sided tapes. Such materials offer higher bonding strengths, greater versatility, and extend application ranges among other enhancements in overall product functionality.
• Market Development: Manufacturers of double-sided tapes are emphasizing expansion into new markets and applications. For instance, the increasing demand for tapes from the medical and aerospace sectors, on account of their valuable end uses, invites the development of value-added products that entail strict regulatory and performance requirements. This further opens up the market to greater coverage and diversity of applications.
• Concentration on Environmentally Friendly Products: Increasingly, there is a development towards eco-friendly double-sided tapes. More recyclable materials are being used, and the amount of impact on the environment from these products is being minimized. This trend toward sustainability falls in line with general industry trends and pressures from regulators toward environmental responsibility.
• Advances in Tape Manufacturing Technologies: The same manufacturing technologies are continuously improving the efficiency and quality of double-sided tapes. Automation in coating processes and precision in cutting further enhanced the production capability for high-quality tapes with consistent performance.

These developments mark the path to growth and innovation in the double-sided tape market. New performances, adhesive materials, and manufacturing technologies, together with a concentrated effort on sustainability, mold the outlook of the industry. These reflect changes in the way the market has moved to meet new demands and point to other areas of opportunity that may result in further growth and adaptation.

Strategic Growth Opportunities for Double-Sided Tape Market

Strategic growth opportunities in the double-sided tape market have been attracted by the demand for advanced adhesive solutions in a variety of applications. It therefore enables the stakeholders to identify those opportunities boasting high growth potential and to implement strategies that will lead or align with the market trends.

• Emerging Use in Automotive Applications: The automotive market presents tremendous avenues for growth for double-sided tapes. Double-sided tapes have bonded trim, insulation, and other components to form applications. With the onset of electric and self-driving vehicles, the requirement for superior performance tapes to provide long-lasting and dependable service in automotive applications has grown significantly.
• Electronics and Consumer Goods Growth: Growth in demand from electronics and consumer goods industries for double-sided tapes: Double-sided tapes have their application in assembling electronic gadgets and holding components of devices in their places, ensuring secure bonding of devices and giving a more attractive finish to the products. Innovations in tape technology-improvement in adhesion and temperature resistance-are further encouraging growth in the industries.
• Adoption in Medical and Healthcare: Other fast-growing application areas for double-sided tapes include medical and healthcare industries. The tapes are used in the assembly of medical devices, care of wounds, and diagnostic applications. The demand for sterile and hypoallergenic high-quality tapes is opening up opportunities for specialized products in this sector.
• Growing Application in Construction and Building: Double-sided tapes find wide applications in mounting, insulation, and sealing in the construction and building industries. Efficiency in building and the use of materials that are increasingly flexible have engendered the need for premium tapes which not only bond well but provide weather resistance.
• Development of Sustainable Solutions: The growing focus on sustainability is opening up prospects for ecological double-sided tapes. Products made from recyclable materials or with reduced environmental impact are fast gaining favor. The reasons quite definitely align with the trend for consumer preference and regulatory needs for greener products.

These strategic growth opportunities reflect the potential for growth and innovation in the double-sided tape market. Considerable opportunities are seen to arise within the automotive, electronics, medical, construction, and sustainability sectors. Companies that can effectively capitalize on this opportunity will gain leadership in a competitive and fast-changing market.

Double-Sided Tape Market Driver and Challenges

The double-sided tape market has various drivers and challenges. Among these are technological advancement, economic conditions, and regulatory factors. These elements may be inferred while exploring the dynamics that come into play in shaping the market to help address the opportunities and hurdles of its stakeholders

The factors responsible for driving the double-sided tape market include:

1. Technological Advancement: Some factors contributing to the growth of the double-sided tape market include technological advances in formulation and manufacturing processes, high-performance adhesives, and advanced coating technologies. Because of improved performance, these tapes have broader applications. The growing demand from end-user industries is another factor that can be considered to drive the growth of the double-sided tape market.

2. The growth of double-sided tapes in the end-user industries, such as automotive, electronics, and construction, is driving the demand for specialty tapes in bonding, insulation, and assembly; this, in turn, is promoting market demand and opening up opportunities for market growth.

3. Growth of E-Commerce and Packaging: Growth in e-commerce and requirement for effective ways of packing have increased demand for double-sided tapes. Since tapes are used in packaging to seal things properly and present products, hence it helps the market grow with the growth in online shopping.

Challenges in the double-sided tape market are:

1. Regulatory Compliance: Double-sided tape manufacturers are confronted by difficulties in fulfilling regulatory standards and adhering to environmental regulations. The requirements related to the safety of the products, their performance, and sustainability could be quite high and may call for heavy investment and serious management of the production process.

2. High Production Costs: It may be cumbersome to manufacture quality tapes at high costs. It depends on the raw materials, the manufacturing technology, and the quality control. The total cost of production will determine profitability and competitiveness in the marketplace.

3. Market Saturation and Competition: Another problem which may be faced by companies manufacturing double-sided tapes is related to the saturation of markets, with high competition. Since the market is getting saturated with similar products, companies need to innovate, assure quality, and provide good customer service to stay competitive.

The drivers and challenges that are influencing the double-sided tape market reveal the complexity of the industry. The major drivers are technological advancement, demand increase, and sustainability. On the other side, the major challenges it faces include keeping up with regulatory compliances, high cost of production, and market competition. All these factors need to be balanced by the stakeholder to conduct effective business and exploit opportunities for growth.

List of Double-Sided 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 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 tape companies profiled in this report include-

• 3M
• Advance Tapes
• Avery Dennison
• Berry Global
• Guangzhou Broadya Adhesive Products
• Intertape Polymer
• Lintec
• Lohmann
• Nichiban
• Nitto Denko

Double-Sided Tape by Segment

The study includes a forecast for the global double-sided tape by resin type, technology, end use industry, and region.

Double-Sided Tape Market by Resin Type [Analysis by Value from 2018 to 2030]:

• Acrylic
• Rubber
• Silicone
• Others

Double-Sided Tape Market by Technology [Analysis by Value from 2018 to 2030]:

• Solvent-Based
• Water-Based
• Hot-Melt Based

Double-Sided Tape Market by End Use Industry [Analysis by Value from 2018 to 2030]:

• Automotive
• Building & Construction
• Electrical & Electronics
• Others

Double-Sided Tape Market by Region [Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Double-Sided Tape Market

The double-sided tape market has transformed due to innovations in adhesive technologies, as well as the increased number of applications in many industries, apart from changing consumer preferences. This transformation has been achieved through material innovations, changes in manufacturing, and increasing demand for high-performance and specialty tapes. These emergent changes within these leading markets-the United States, China, Germany, India, and Japan-are indicative of wider trends and industry dynamics.

• USA: The demand for double-sided tapes in the US is so high due to high growth in adhesive technology development, and also finds a high demand within the automotive and electronics segments. The trend of do-it-yourself projects and also house renovations acts as plus points to lift this market. Key players are investing in R&D to develop tapes with improved adhesion, durability, and temperature resistance.
• China - The Chinese double-sided tape market is growing at a fast pace because the strong manufacturing sector and increasing production of consumer goods in the country propel it. There is also an emergence of eco-friendly and high-performance tapes entering the market. The growth of e-commerce and retail sectors drives demand for packaging solutions that include double-sided tapes.
• Germany has a strong asset base, particularly in the automobile and industrial sectors, shaping the nature of the double-sided tapes market. There is a corresponding increase in high-quality tapes that are in conformance with strict European performance and safety standards. Advances in adhesive technology are leading to the creation of tapes with superior bonding strength and heat resistance.
• India: It is expected that with higher industrialization and urbanization, the market for double-sided tapes in India would exhibit growth. In end-user industries, there has been a surge in the manufacture of consumer electronics and automobiles, which has also contributed to such growth. Companies are also focused on providing affordable, high-performance tapes to cater to the wide array of applications in a fast-developing economy.
• Japan: The atmosphere of the Japanese market is highly technologically advanced, and the demand for precision and high-quality levels in different application fields of electronics and automotive is very high. More advanced adhesive solutions are, hence, developed that could give better performance in high-tech environments. The focus also lies in the significantly rising interest in eco-friendly and sustainable tape options.

Features of the Global Double-Sided Tape Market

Market Size Estimates: Double-sided 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 tape market size by resin type, technology, end use industry, and region in terms of value ($B).

Regional Analysis: Double-sided tape market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different resin types, technologies, end use industries, and regions for the double-sided tape market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the double-sided tape market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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FAQ

Q1. What is the double-sided tape market size?

Answer: The global double-sided tape market is expected to reach an estimated $16.8 billion by 2030.

Q2. What is the growth forecast for double-sided tape market?

Answer: The global double-sided tape market is expected to grow with a CAGR of 6.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the double-sided tape market?

Answer: The major drivers for this market are increasing product demand within the packaging sector, growing demand for flexible and wearable electronics, and rising usage of this product in electric vehicle.

Q4. What are the major segments for double-sided tape market?

Answer: The future of the double-sided tape market looks promising with opportunities in the automotive, building & construction, and electrical & electronic sectors.

Q5. Who are the key double-sided tape market companies?

Answer: Some of the key double-sided tape companies are as follows:

• 3M
• Advance Tapes
• Avery Dennison
• Berry Global
• Guangzhou Broadya Adhesive Products
• Intertape Polymer
• Lintec
• Lohmann
• Nichiban
• Nitto Denko

Q6. Which double-sided tape market segment will be the largest in future?

Answer: Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to its ability to stick to difficult materials like glass, metal, and plastics as well as its resistance to UV light and temperature.

Q7. In double-sided tape market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to extensive demand for double sided tapes among various end use industries, such as automotive, aerospace, and consumer electronics in the region.

Q.8 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 tape market by resin type (acrylic, rubber, silicone, and others), technology (solvent-based, water-based, and hot-melt based), end use industry (automotive, building & construction, 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?
• Market Report

Table of Contents

1. Executive Summary

2. Global Double-Sided Tape Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

• 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
• 3.2. Global Double-Sided Tape Market Trends (2018-2023) and Forecast (2024-2030)
• 3.3: Global Double-Sided Tape Market by Resin Type
  • 3.3.1: Acrylic
  • 3.3.2: Rubber
  • 3.3.3: Silicone
  • 3.3.4: Others
• 3.4: Global Double-Sided Tape Market by Technology
  • 3.4.1: Solvent-Based
  • 3.4.2: Water-Based
  • 3.4.3: Hot-Melt Based
• 3.5: Global Double-Sided Tape Market by End Use Industry
  • 3.5.1: Automotive
  • 3.5.2: Building & Construction
  • 3.5.3: Electrical & Electronics
  • 3.5.4: Others

4. Market Trends and Forecast Analysis by Region from 2018 to 2030

• 4.1: Global Double-Sided Tape Market by Region
• 4.2: North American Double-Sided Tape Market
  • 4.2.1: North American Double-Sided Tape Market by Resin Type: Acrylic, Rubber, Silicone, and Others
  • 4.2.2: North American Double-Sided Tape Market by End Use Industry: Automotive, Building & Construction, Electrical & Electronics, and Others
• 4.3: European Double-Sided Tape Market
  • 4.3.1: European Double-Sided Tape Market by Resin Type: Acrylic, Rubber, Silicone, and Others
  • 4.3.2: European Double-Sided Tape Market by End Use Industry: Automotive, Building & Construction, Electrical & Electronics, and Others
• 4.4: APAC Double-Sided Tape Market
  • 4.4.1: APAC Double-Sided Tape Market by Resin Type: Acrylic, Rubber, Silicone, and Others
  • 4.4.2: APAC Double-Sided Tape Market by End Use Industry: Automotive, Building & Construction, Electrical & Electronics, and Others
• 4.5: ROW Double-Sided Tape Market
  • 4.5.1: ROW Double-Sided Tape Market by Resin Type: Acrylic, Rubber, Silicone, and Others
  • 4.5.2: ROW Double-Sided Tape Market by End Use Industry: Automotive, Building & Construction, Electrical & Electronics, and Others

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Double-Sided Tape Market by Resin Type
  • 6.1.2: Growth Opportunities for the Global Double-Sided Tape Market by Technology
  • 6.1.3: Growth Opportunities for the Global Double-Sided Tape Market by End Use Industry
  • 6.1.4: Growth Opportunities for the Global Double-Sided Tape Market by Region
• 6.2: Emerging Trends in the Global Double-Sided Tape Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Double-Sided Tape Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Double-Sided Tape Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: 3M
• 7.2: Advance Tapes
• 7.3: Avery Dennison
• 7.4: Berry Global
• 7.5: Guangzhou Broadya Adhesive Products
• 7.6: Intertape Polymer
• 7.7: Lintec
• 7.8: Lohmann
• 7.9: Nichiban
• 7.10: Nitto Denko