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Automotive Adhesive Tapes Market Present Scenario and Growth Prospects till 2024

Rising demand for adhesive tapes in an extensive range of applications including noise, vibration, masking, electrical insulation, wire harnessing, device insulation, surface protection, labeling, auto body repairs, and automotive dash will fuel industry growth over the forecast period. Replacement of fasteners by automotive adhesive tapes coupled with the introduction of new environment-friendly products will propel the market growth.

The Global Automotive Adhesive Tapes Market is expected to reach USD11.54 billion by 2024, according to a new report by Grand View Research, Inc.


Polyvinyl chloride (PVC) was the largest segment and accounted for 31.4% of the overall volume in 2015 and is expected to witness significant rise on account of superior properties including excellent bonding, high adhesion, water resistant and good adhesion to metals. Increasing demand for lamination, insulation, protection and masking of automotive wires will propel industry expansion over the forecast period.

Double-sided tapes are expected to witness significant volume rise at a CAGR of 6.6% from 2016 to 2024 as on account of its durability, reliability, and sufficient bonding & fixing properties. Furthermore, increasing applications in automotive interior parts in light of better resistance and excellent tacky ability will promote industry expansion over the forecast period.

To Know More About Automotive Adhesive Tapes Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/automotive-adhesive-tapes-market

Top Players of Automotive Adhesive Tapes Market:

Automotive adhesive tapes industry is dominated by key participants including 3M, Tesa SE, Lintec, and Nitto Denko Corporation.

Market Segmentation of Automotive Adhesive Tapes Market:

The Global Automotive Adhesive Tapes Market segmented on the basis of Adhesive Type, Backing Material, Product, Application, and Region.

By Adhesive Type:

    Acrylic
    Natural rubber
    Butyl

By Backing Material:

    Polypropylene
    Paper
    Cloth
    Foam
    PVC

By Product:

    Masking tapes
    Double-sided tapes
    Reinforced tapes
    Specialty tapes

By Application:

    Interior
    Exterior

By Region:

    North America
    Europe
    Asia Pacific
    Latin America
    MEA

Inquire about Automotive Adhesive Tapes Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3021
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