Insights into Automotive Adhesive Tapes industry and IT’s growth outlook 2019-2025

Global Automotive Adhesive Tapes Industry By Adhesive Type (Acrylic, Natural Rubber, Butyl), and By Material Type (Polyester, Polypropylene, Paper, Polyvinyl Chloride) – Market Forecast and Size Analysis 2019-2025

Global Automotive Adhesive Tapes Industry was valued at USD 7.5 billion in the year 2017. Global Automotive Adhesive Tapes Industry is further estimated to grow at a CAGR of 5.7% from 2019 to reach USD 11.29 billion by the year 2025.

In the Global Automotive Adhesive Tapes Industry, by region, Asia Pacific region holds the highest Industry share in 2017 and Europe is also the strong Industry considered as the fastest growing Industry in the forecasted period owing to their Industry demands. At a country level, China and India in Asia-Pacific are projected to grow strongly in the coming years.

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Major market players in Automotive Adhesive Tape Industry are Henkel AG & Co. KGaA, Adchem Corp., 3M Company, The Dow Chemical Company, Intertape Polymer Group, L & L Products Inc., Nitto Denko, Scapa Group Plc, Sika Automotive AG, Lohmann GmbH & Co.

Kg., and brief overview of 10 companies is also provided in the report.

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SWOT analysis of Automotive Adhesive Tapes Industry:

Strength:

            Growing demand for acrylic Automotive Adhesive Tape in APAC Region

            Speedy Growth in the Automotive Sector

Weakness:

            Changing government regulations and norms.

            Rising Environmental Concerns

Opportunities:

            Innovations in Automotive Adhesive Tapes

Threats:

            Stringent Regulatory approval procedures

In the Global Automotive Adhesive Tape Industry, the segmentation is done on the basis of material type, adhesive type and by region. On the basis of material types, the polyvinyl chloride segment dominates the Industry, due to its water resistance and strong adhesion properties.

Apart from this, the Industry is also segmented on the basis of acrylic, natural rubber, butyl, and others, of these, acrylic has the highest Industry share.

Automotive Adhesive Tapes Industry Segmentation:

By Material Type

• • Polyester
• • Polypropylene
• • Paper
• • Polyvinyl Chloride
• • Others (Foam, Cloth)

By Adhesive Type

• • Acrylic
• • Natural Rubber
• • Butyl
• • Others

By Region

• • North America

o USA

o Canada

• • Europe

o Germany

o U.K.

o France

o Italy

o Rest of Europe

• • APAC

o China

o India

o Japan

o Rest of Asia-Pacific

• • RoW

o Latin America

o Middle East & Africa