Structural
Adhesive Tapes Market Emerging Trend, Industry Demand, Business Review by 2031

The global structural adhesive tapes market is
anticipated to grow at a CAGR of 3.9% during the forecast period (2024-2031).
The growing application of structural adhesive tapes in end-user verticals
especially in the automotive sector is the major factor driving the growth of
structural adhesives market. These tapes are considered a key component in the
automotive industry as they are used to provide superior bonding/joining to
different substrates used in lightweight vehicles. In addition, these tapes are
also used in EV battery manufacturing to increase safety and reduce battery
weight. These tapes also make EV battery production processes simpler, cleaner,
and more reliable. These adhesive tapes cure at a much lower temperature,
allowing for the elimination of the equipment and process steps required for
brazing. It is expected that with the surge ind emand for EVs in emerging
economies, the need for structural adhesive tapes is projected to increase
during the forecast period, which will significantly drive the market
growth. 

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Furthermore,
the major steps taken by the emerging economies to eliminate the use of
combustion engine vehicles and to replace it with an EV will accelerate the
production of EVs during the forecast period. For instance, Norway is planning
to phase out conventional cars by 2025, followed by France and UK in 2040 and
2050, respectively. Moreover, in October 2017, Germany’s Bundesrat passed a
resolution to ban IC engine-based vehicles by 2030. In addition, Germany is
targeting a combined BEV and FCEV stock of 7-10 million cars by 2030. Thus,
these initiatives will increase the production of electric vehicle globally,
that will further boost the production of structural adhesive tapes. 

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Market
Coverage

 
  • Segment Covered- 

o             By Resin Type

o             By Material Type

o             By End-User Industry

 
  • Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

• Competitive Landscape- 3M
  Co., Ashland Inc., Avery Dennison Corp, Henkel AG & Co., Lintec
  Corp, 

Key
questions addressed by the report

 
  • What is the market growth rate?

 
  • Which segment and region dominate the market in the base year?

 
  • Which segment and region will project the fastest growth in the
market?

 
  • How COVID-19 impacted the market?

o             Deviation from the pre-COVID-19
forecast

o             Most affected region and segment

 
  • Who is the leader in the market?

 
  • How players are addressing challenges to sustain growth?

 
  • Where is the investment opportunity?

Global
Structural Adhesive Tapes Market Report Segment

By
Resin Type

•                
Silicone

•                
Acrylic

•                
Rubber

•                
Others

By
Material Type

•                
Paper

•                
Polyvinyl Chloride

•                
Polypropylene

•                
Others

By
End-User Industry

•                
Building & Construction 

•                
Automotive

•                
Healthcare

•                
Electrical & Electronics

•                
Others (Renewable Energy, Aviation & Aerospace)

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1. We cover more than 15 major industries, further segmented into more than 90
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