Dublin, April 15, 2019 (GLOBE NEWSWIRE) -- The "Automotive Adhesive Tapes Market Size, Share & Trends Analysis Report By Product (Double-sided, Specialty), By Function, By Application (Interior, Exterior), By Vehicle Type, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global automotive adhesive tapes market size is expected to reach USD 7.1 billion by 2025; progressing at a CAGR of 4.5% over the forecast period, according to this report. Rising substitution of metal fasteners in automobile design backed by growing emphasis on aesthetics is expected to positively impact the growth.
Increasing usage in bonding, moldings, garnishes, emblem, and bumpers is expected to propel the overall market growth over the forecast period. In addition, superior adhesion and impact dampening properties of automotive adhesive tapes are expected to boost its demand over the forecast period.
Development of reinforced tapes, coupled with rising adoption in the automotive industry for OEM and aftermarket applications, is likely to drive the automotive adhesive tapes market over the next few years. In addition, growing focus on development of lightweight and fuel-efficient vehicles is expected to boost the product demand.
Growth in the usage of silicon-based resins as binder or modifier in coating formulations to impart additional stability is expected to benefit the market expansion. In addition, rising efforts to develop bio-degradable pressure sensitive products for automotive applications are expected to positively impact the growth.
Superior performance characteristics exhibited by tapes such as no residual adhesive marks for the area covered under the product as well as adhesion of non-uniform surfaces are likely to augment the product demand. These tapes are suitable for applications that are subjected to high curing temperatures.
Further key findings from the study suggest:
- Specialty product segment is expected to register a CAGR of 6.1% from 2019 to 2025, on account of superior features of the product such as good shear strength, abrasion and temperature resistance, and conformance to non-uniform surfaces
- Double-sided tapes generated a revenue of USD 2.2 billion in 2018 and is expected to witness notable growth owing to rise in the use of the product for bonding application in interior and exterior of automobiles
- In Asia Pacific, China accounted for the largest market share with over 47.0% in terms of revenue in 2018 owing to presence of key passenger car and LCV manufacturers
- Major companies in the automotive adhesive tapes market lay emphasis on the development of advanced products with superior aesthetics and eco-friendly properties to gain competitive edge
Key Topics Covered
Chapter 1 Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.4. Information Analysis
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Automotive Adhesive Tapes Market Variables, Trends, & Scope
3.1. Penetration & Growth Prospect Mapping
3.2. Industry Value Chain Analysis
3.3. Technology Overview
3.4. Regulatory Framework
3.5. Market Dynamics
3.6. Business Environment Analysis: Automotive Adhesive Tapes Market
Chapter 4. Automotive Adhesive Tapes Market: Product Estimates & Trend Analysis
4.1. Definition & Scope
4.2. Product Movement Analysis & Market Share, 2018 & 2025
4.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following
4.4. Double Sided Tapes
4.5. Masking Tapes
4.6. Reinforced Tapes
4.7. Specialty Tapes
Chapter 5. Automotive Adhesive Tapes Market: Application Estimates & Trend Analysis
5.1. Definition & Scope
5.2. Application Movement Analysis & Market Share, 2018 & 2025
5.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following
5.4. Interior
5.5. Exterior
5.6. Electronics
5.7. Body-In-White
5.8. Powertrain
5.9. Wire Harnessing
5.10. Chassis & Wheels
5.11. Others
Chapter 6. Automotive Adhesive Tapes Market: Function Estimates & Trend Analysis
6.1. Definition & Scope
6.2. Function Movement Analysis & Market Share, 2018 & 2025
6.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following
6.4. Bonding
6.5. NVH
6.6. Masking
Chapter 7. Automotive Adhesive Tapes Market: Vehicle Type Estimates & Trend Analysis
7.1. Definition & Scope
7.2. Vehicle Type Movement Analysis & Market Share, 2018 & 2025
7.3. Market size & forecasts and trend analysis, 2014 to 2025 for the following
7.4. Passenger Cars
7.5. Light Commercial Vehicles
Chapter 8. Automotive Adhesive Tapes Market: Regional Estimates & Trend Analysis
8.1. Regional Market Snapshot
8.2. Regional Top 5 Players
8.3. SWOT Analysis, by Factor (Political & Legal, Economic And Technological)
8.4. Market Size & Forecasts and Trend Analysis, 2014 to 2025
8.5. North America
8.6. Europe
8.7. Asia Pacific
8.8. Central & South America
8.9. Middle East & Africa
Chapter 9. Competitive Landscape
9.1. Key global players & recent developments & their impact on the industry
9.2. Key Company/Competition Categorization
9.3. Vendor Landscape
9.4. Public Companies
9.5. Private Companies
Chapter 10. Company Profiles
10.1. L&L Products Inc.
10.2. Sika Automotive AG
10.3. The 3M Company
10.4. Nitto Denko Corporation
10.5. Lida Industry Co. Ltd.
10.6. ThreeBond Co. Ltd.
10.7. PPG Industries
10.8. ABI Tape Products
10.9. Adchem Corporation
10.10. Avery Dennison Corporation
10.11. Saint Gobain
10.12. Berry Plastics
10.13. tesa SE
10.14. Lintec Corporation
10.15. Advanced Tapes International Ltd.
10.16. Scapa
10.17. Intertape Polymer Group
10.18. Shurtape
10.19. Henkel AG
For more information about this report visit https://www.researchandmarkets.com/r/n8lejw