Double Sided Tape Market Outlook 2030
Double-sided tape has adhesive on both sides and is a sort of pressure-sensitive adhesive tape. Two surfaces are taped together using double-sided tape. Even on challenging surfaces, double-sided tapes are proven to provide strong bonding. After bonding, they also offer a smooth finish. Fastening, acoustic dampening, thermal insulation, gap filling, and thermal insulation are the uses for double-sided tapes. Different pressure-sensitive adhesives are applied to these tapes. These tapes are also available in a number of thicknesses. The double-sided tapes feature a variety of performance characteristics, including shock absorption, vibration dampening, and uneven surface compensation. Replace mechanical fasteners, reduce training needs, reduce injury risk, reduce rattling, support thermal expansion and contraction, and create a clean and smooth appearance are few of the benefits of double-sided tape.
COVID-19 Impact analysis
- Global travel prohibitions implemented by European, Asian, and North American countries are impeding corporate collaborations and partnerships. All of these reasons have a detrimental impact on the chemical and materials industries, limiting the expansion of the double-sided tape market.
- Many of these companies have suspended manufacturing as a result of the COVID-19 outbreak. The epidemic has harmed the demand for double sided tape as well as their supply chain.
Top Impacting Factors
The fast growth of the e-commerce sector is propelling the worldwide double-sided tape market forward. Double-sided tapes are used in the e-commerce industry for a variety of purposes, including packing and shipping. Because of the coronavirus outbreak, small and medium-sized enterprises have been disrupted, and the e-commerce industry has exploded. In addition, the growing use of double-sided tapes in a variety of applications is moving the worldwide double-sided tape market forward. The demand for acrylic and Pe foam backed double-sided tapes is considerable, which may fuel the worldwide double-sided tape market's growth. The global double-sided tape market is anticipated to experience considerable constraint. The high cost of raw materials used to manufacture double-sided tapes may stymie the global double-sided tape market's expansion. The worldwide double-sided tape market may be hampered by issues such as the introduction of severe regulatory standards.
Market Trends
- Acelity, Inc. and its KCITM subsidiaries have been bought by 3M. Under the KCITM brand, Acelity is a prominent worldwide medical technology firm focused on improved wound care and specialty surgical applications. This purchase strengthens 3M's ability to supply comprehensive health-care solutions while also propelling the company forward as a leader in advanced wound care.
- Lintec Graphic Films Ltd. was bought by LINTEC Corporation (LINTEC) of Japan. This acquisition marks the beginning of an exciting new phase in the Lintec brand's expansion on the European stage. This acquisition will also provide access to the most up-to-date, market-leading products for both existing and new clients.
- Syntac Coated Products, LLC, a creator and manufacturer of specialty adhesive coated products, has been acquired by Shurtape Technologies, LLC, an industry-leading supplier of pressure-sensitive tapes. Shurtape Technologies, LLC's ability to assist the clients has been enhanced by the merger of Shurtape and Syntac, which has increased research and development capacity and broadened production capabilities.
Key Benefits of the Report
- This study presents the analytical depiction of the double-sided tape industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Double-sided tape market share.
- The current market is quantitatively analyzed to highlight the double-sided tape market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed Double sided tape market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the double-sided tape Report
- Who are the leading market players active in the double-sided tape market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
- Upcoming Report specific FAQs Examples: Can be utilized randomly 4-5 FAQs per RD OR other from own suggestions, suitable for upcoming report.
- What is " double sided tape "?
- what does " double sided tape " allow organizations to achieve?
- which technologies combine to make " double sided tape " a critical organizational asset?
- What is " double sided tape " Market prediction in the future?
- Who are the leading global players in the " double sided tape " Market?
- What are the current trends and predicted trends?
- What are the challenges faced in the " double sided tape " Market?
- What are the key benefits of the " double sided tape “Market report?
- What are the driving factors and opportunities in the market?
- Upcoming Report specific FAQs Examples: Can be utilized randomly 4-5 FAQs per RD OR other from own suggestions, suitable for upcoming report.
Double Sided Tape Market Report Highlights
Aspects | Details |
By Technology |
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By Application |
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By End Use Industry |
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By Region |
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Key Market Players | Avery Dennison Corporation, Intertape Polymer Group, Inc., Nitto Denko Corporation, 3M Company, Lintec Corporation, TESA SE, Nichiban Co. Ltd., Shurtape Technologies, LLC., Lohmann GmbH & Co. Kg., Scapa Group Plc |
| Others |