Silicone Segment to Dominate South America Double Sided Tape Market during 2021-2028
According to this research study titled “South America Double Sided Tape Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast - by Resin Type, Backing Material, End-Use, and Country,” the market is expected to reach US$ 604.17 million by 2028 from US$ 538.19 million in 2021. The market is estimated to grow at a CAGR of 1.7% from 2020 to 2028. The report provides trends prevailing in the South America double-sided tape market along with the drivers and restraints pertaining to the market growth. Extensive applications of double-sided tape is one of the major factor driving the growth of the South America double sided tape market. However, the fluctuation in the costs of raw material may hinder the growth of South America double sided tape market.
In South America, Brazil has witnessed an unprecedented rise in number of COVID-19 cases, which has led to the discontinuation of double sided tape manufacturing activities. Other chemical and materials manufacturing sector has subsequently impacted the demand for double sided tape during the early months of 2020. Similar trend was witnessed in other South American countries, i.e., Argentina, Colombia, Peru, Chile and Ecuador. However, South America is likely to overcome the ill-effects of the COVID-19 pandemic, and economic activities are regaining their pace gradually since the beginning of 2021.
The market for South America double sided tape is segmented into resin type, backing material, end-use and country. Based on resin type, the market is segmented into acrylic, rubber, silicone, and others. In 2020, the silicone segment held the largest share in South America double sided tape market. Based on backing material, the South America double sided tape is bifurcated into foam, film, paper, and others. The form segment is expected to be the fastest growing segment over the forecast period. Based on end-use, the market is segmented into health care, building and construction, automotive, consumer goods and others. In 2020, the healthcare segment held the largest share in South America double sided tape market. Furthermore, in this present scenario of COVID-19 pandemic, the South America double sided tape market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the South American countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for double sided tape.
3M, Nitto Denko Corporation, Tesa SE, Intertape Polymer Group, Shurtape Technologies, LLC, Scapa, Guangzhou Broadya Adhesive Products Co., Ltd., Lintec Corporation, and Avery Dennison Corporation are some of the leading companies in the South America double sided tape market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the South America Double Sided tape market as follows:
South America Double Sided Tape Market - By Resin Type - Acrylic
South America Double Sided Tape Market - By Backing Material - Foam
South America Double Sided Tape Market - By End-Use - Health Care
South America Double Sided Tape Market - By Country - Brazil
In South America, Brazil has witnessed an unprecedented rise in number of COVID-19 cases, which has led to the discontinuation of double sided tape manufacturing activities. Other chemical and materials manufacturing sector has subsequently impacted the demand for double sided tape during the early months of 2020. Similar trend was witnessed in other South American countries, i.e., Argentina, Colombia, Peru, Chile and Ecuador. However, South America is likely to overcome the ill-effects of the COVID-19 pandemic, and economic activities are regaining their pace gradually since the beginning of 2021.
The market for South America double sided tape is segmented into resin type, backing material, end-use and country. Based on resin type, the market is segmented into acrylic, rubber, silicone, and others. In 2020, the silicone segment held the largest share in South America double sided tape market. Based on backing material, the South America double sided tape is bifurcated into foam, film, paper, and others. The form segment is expected to be the fastest growing segment over the forecast period. Based on end-use, the market is segmented into health care, building and construction, automotive, consumer goods and others. In 2020, the healthcare segment held the largest share in South America double sided tape market. Furthermore, in this present scenario of COVID-19 pandemic, the South America double sided tape market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the South American countries have been experiencing low production and a weak supply chain. Thereby, impacting the market for double sided tape.
3M, Nitto Denko Corporation, Tesa SE, Intertape Polymer Group, Shurtape Technologies, LLC, Scapa, Guangzhou Broadya Adhesive Products Co., Ltd., Lintec Corporation, and Avery Dennison Corporation are some of the leading companies in the South America double sided tape market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market.
The report segments the South America Double Sided tape market as follows:
South America Double Sided Tape Market - By Resin Type - Acrylic
- Rubber
- Silicone
- Others
South America Double Sided Tape Market - By Backing Material - Foam
- Film
- Paper
- Others
South America Double Sided Tape Market - By End-Use - Health Care
- Building and Construction
- Automotive
- Consumer Goods
- Others
South America Double Sided Tape Market - By Country - Brazil
- Argentina
- Rest of South America
Table of Contents
1. Introduction
3. Research Methodology
4. South America Double Sided Tape Market Landscape
5. South America Double Sided Tape Market - Key Market Dynamics
6. Double Sided Tape - South America Market Analysis
7. South America Double Sided Tape Market Analysis - By Resin Type
8. South America Double Sided Tape Market Analysis - By Backing Material
9. South America Double Sided Tape Market Analysis - By End-Use
10. South America Double Sided Tape Market - Country Analysis
11. Overview- Impact of COVID-19 on South America Double Sided Tape Market
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
- 3M
- Nitto Denko Corporation
- Tesa SE
- Intertape Polymer Group
- Shurtape Technologies, LLC
- Scapa
- Guangzhou Broadya Adhesive Products Co., Ltd.
- Lintec Corporation
- Avery Dennison Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 141 |
| Published | June 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 538.19 Million |
| Forecasted Market Value ( USD | $ 604.17 Million |
| Compound Annual Growth Rate | 1.7% |
| No. of Companies Mentioned | 9 |
