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Speciality Tapes Market Report and Forecast 2024-2032

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    Report

  • 181 Pages
  • January 2024
  • Region: Global
  • Expert Market Research
  • ID: 5934617
According to the report, the global speciality tapes market is expected to increase from USD 78.30 billion in 2023 to USD 132.81 billion by 2032. Aided by the increasing demand for high-performance tapes in various industries, the market is expected to grow at a CAGR of 6.1% over the forecast period of 2024-2032.

Specialty tapes, distinguished by their specialised functionalities and high-performance features, cater to specific industrial requirements. These tapes include a range of products such as double-sided tapes, medical tapes, electrical tapes, and duct tapes, each serving unique purposes. Their advanced properties, like enhanced adhesion, resistance to extreme temperatures, and chemical and moisture resistance, make them indispensable in various applications.

The primary driver of the speciality tapes market growth is the robust demand across diverse industries including automotive, electronics, healthcare, and construction. In the automotive sector, specialty tapes are used for wiring harnesses, insulation, and body repairs. The electronics industry employs these tapes for insulation, mounting, and component marking due to their electrical conductivity and heat resistance.

Additionally, environmental concerns and regulatory standards are prompting manufacturers to develop eco-friendly and sustainable tapes, further propelling speciality tapes market demand. The rise in construction activities worldwide also contributes significantly to the increased demand for these tapes.

A notable trend in the market is the shift towards environmentally sustainable and biodegradable tapes. With growing environmental awareness, manufacturers are focusing on producing tapes that have minimal ecological impact. The advancement in adhesive technologies is another significant trend. Innovations in pressure-sensitive adhesives are enhancing the performance of specialty tapes, making them more versatile and efficient.

North America currently accounts for a significant portion of the speciality tapes market share, attributed to its well-established automotive and electronics industries and the presence of key manufacturers. However, the Asia Pacific region is expected to witness the fastest growth during the forecast period, driven by rapid industrialisation, growing construction activities, and increasing demand from the automotive sector in countries like China, India, and Japan.

The market for specialty tapes is set for substantial growth over the next five years, driven by technological advancements, increasing applications across various industries, and the rising demand for sustainable products. With ongoing innovations and a focus on developing environmentally friendly and efficient tapes, the market is expected to offer new opportunities for businesses and contribute significantly to various industrial sectors.

Market Segmentation

The market can be divided based on resin type, backing material, end use, and region.

Market Breakup by Resin Type

  • Acrylic
  • Rubber
  • Silicone
  • Others

Market Breakup by Backing Material

  • Polyvinyl Chloride (PVC)
  • Woven/Non-Woven
  • Paper
  • PET
  • Foam
  • Polypropylene (PP)
  • Others

Market Breakup by End Use

  • Electrical and Electronics
  • Healthcare and Hygiene
  • Automotive
  • White Goods
  • Paper and Printing
  • Building and Construction
  • Retail and Graphics
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global speciality tapes market. Some of the major players explored in the report are as follows:
  • 3M Company
  • Nitto Denko Corporation
  • tesa SE
  • LINTEC Corporation
  • Avery Dennison Corporation
  • Scapa Group plc
  • Compagnie de Saint-Gobain SA
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Speciality Tapes Market Analysis
8.1 Key Industry Highlights
8.2 Global Speciality Tapes Historical Market (2018-2023)
8.3 Global Speciality Tapes Market Forecast (2024-2032)
8.4 Global Speciality Tapes Market by Resin Type
8.4.1 Acrylic
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Rubber
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Silicone
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Speciality Tapes Market by Backing Material
8.5.1 Polyvinyl Chloride (PVC)
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Woven/Non-Woven
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Paper
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 PET
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Foam
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Polypropylene (PP)
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Others
8.6 Global Speciality Tapes Market by End Use
8.6.1 Electrical and Electronics
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Healthcare and Hygiene
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Automotive
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 White Goods
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Paper and Printing
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Building and Construction
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.6.7 Retail and Graphics
8.6.7.1 Historical Trend (2018-2023)
8.6.7.2 Forecast Trend (2024-2032)
8.6.8 Others
8.7 Global Speciality Tapes Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Speciality Tapes Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Speciality Tapes Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Speciality Tapes Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Speciality Tapes Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Speciality Tapes Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Trade Data Analysis (HS Code- 590610)
16.1 Major Exporting Countries
16.1.1 By Value
16.1.2 By Volume
16.2 Major Importing Countries
16.2.1 By Value
16.2.2 By Volume
17 Price Analysis
17.1 North America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.2 Europe Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.3 Asia Pacific Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.4 Latin America Historical Price Trends (2018-2023) and Forecast (2024-2032)
17.5 Middle East and Africa Historical Price Trends (2018-2023) and Forecast (2024-2032)
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 3M Company
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Nitto Denko Corporation
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 tesa SE
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 LINTEC Corporation
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Avery Dennison Corporation
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Scapa Group plc
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 Compagnie de Saint-Gobain SA
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Others
19 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Speciality Tapes Market: Key Industry Highlights, 2018 and 2032
2. Global Speciality Tapes Historical Market: Breakup by Resin Type (USD Million), 2018-2023
3. Global Speciality Tapes Market Forecast: Breakup by Resin Type (USD Million), 2024-2032
4. Global Speciality Tapes Historical Market: Breakup by Backing Material (USD Million), 2018-2023
5. Global Speciality Tapes Market Forecast: Breakup by Backing Material (USD Million), 2024-2032
6. Global Speciality Tapes Historical Market: Breakup by End Use (USD Million), 2018-2023
7. Global Speciality Tapes Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Global Speciality Tapes Historical Market: Breakup by Region (USD Million), 2018-2023
9. Global Speciality Tapes Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Speciality Tapes Historical Market: Breakup by Country (USD Million), 2018-2023
11. North America Speciality Tapes Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Speciality Tapes Historical Market: Breakup by Country (USD Million), 2018-2023
13. Europe Speciality Tapes Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Speciality Tapes Historical Market: Breakup by Country (USD Million), 2018-2023
15. Asia Pacific Speciality Tapes Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Speciality Tapes Historical Market: Breakup by Country (USD Million), 2018-2023
17. Latin America Speciality Tapes Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Speciality Tapes Historical Market: Breakup by Country (USD Million), 2018-2023
19. Middle East and Africa Speciality Tapes Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Major Exporting Countries by Value21. Major Importing Countries by Value22. Major Exporting Countries by Volume
23. Major Importing Countries by Volume
24. North America Historical Price Trends and Forecast 2018-2028
25. Europe Historical Price Trends and Forecast 2018-2028
26. Asia Pacific Historical Price Trends and Forecast 2018-2028
27. Latin America Historical Price Trends and Forecast 2018-2028
28. Middle East and Africa Historical Price Trends and Forecast 2018-2028
29. Global Speciality Tapes Market Structure

Companies Mentioned

  • 3M Company
  • Nitto Denko Corporation
  • tesa SE
  • LINTEC Corporation
  • Avery Dennison Corporation
  • Scapa Group plc
  • Compagnie de Saint-Gobain SA

Methodology

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