The latest market report published by Constancy Researchers “Global Automotive Adhesive Tapes for Interior Market: Growth, Future Prospects, COVID-19 Impact Analysis, Drivers, Restraints, Trends, Opportunities, Investment Landscape, and Competitive Analysis, 2017 – 2028”
Global Automotive Adhesive Tapes for Interior Market: Overview
The global automotive adhesive tapes for interior market was valued at US$ XX Billion in 2020 and is estimated to grow at a CAGR of XX% during the forecast period. The global automotive adhesive tapes for interior market is anticipated to witness substantial growth in the years to come due to the growing demand for adhesive tapes in electric vehicles along with the replacement of traditional manufacturing systems in the industry. The increased sales of electric vehicles coupled with the growing government regulations for electrification of vehicles across the globe are some other key factors for the growth of the global automotive adhesive tapes for interior market during the forecast period. Moreover, the rising demand for lightweight vehicles is one of the key opportunities for the global automotive adhesive tapes for interior market over the upcoming years. Besides, the volatile raw material prices is one of key factors estimated to hamper the global automotive adhesive tapes for interior market growth in the years to come.
Global Automotive Adhesive Tapes for Interior Market: COVID-19 Impact
The impact of COVID-19 has been considered in the global automotive adhesive tapes for interior market report published by Constancy Researchers Private Limited. According to Constancy Researchers Private Limited COVID-19 analysis on the global automotive adhesive tapes for interior market, the demand for automotive adhesive tapes for interior has decreased due to haltin the manufacturing industry worldwide along with the decreased sales of automotive vehicles during the COVID-19 period.
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Global Automotive Adhesive Tapes for Interior Market: Report Highlights
- Based on the adhesive type, the acrylic category had a major share in 2020 and is estimated to witness fastest growth during the forecast period. This is majorly due to acrylic adhesives offers excellent bonding to different substrates including plastics, glass, stainless steel, and others.
- Based on the regional analysis, Asia Pacific dominated the market in 2020 and is projected to grow at the highest rate during the forecast period. This is majorly due to the rising automotive manufacturing along with the increased demand for electric vehicles in the region. The rising government initiatives along with the growing urbanization and increased disposable income in the emerging economies has increased the demand for automotive vehicles which are the key growth factors for the Asia pacific automotive adhesive tapes for interior market growth over the upcoming years.
- Mergers & acquisitions, new product launches, strategic partnerships, and collaborations among key players are estimated to be the key strategies in the global automotive adhesive tapes for interior market.
- As per the research by Constancy Researchers Private Limited, the global automotive adhesive tapes for interior market is highly fragmented in nature owing to the presence of a large number of players at the global, regional, and country-level.
List of Key Players of Global Automotive Adhesive Tapes for Interior Market
- 3M
- Nitto Denko Corporation
- Tesa SE
- Avery Dennison Corporation
- Lohmann GmbH & Co. KG
- Henkel AG & Co. KG
- Sika AG
- Intertape Polymer Group
- DOW
- Lintec Corporation
- Shurtape Technologies LLC
- Scapa
- L&L Products
- Threebond International Inc.
- Bemis Associates Inc.
- Others
Global Automotive Adhesive Tapes for Interior Market: Segmentation
Constancy Researchers Private Limited has segmented the global automotive adhesive tapes for interior market on the basis of adhesive type, backing material, product, function, vehicle type and regional analysis-
Global Automotive Adhesive Tapes for Interior Market: By Adhesive Type
- Acrylic,
- Silicone
- Rubber
- Others (Polyurethane (PU), Ethylene-vinyl Acetate (EVA), and Butyl)
Global Automotive Adhesive Tapes for Interior Market: By Backing Material
- Polypropylene (PP)
- Polyvinylchloride (PVC)
- Paper
- Others (Non -woven, PET, Foam and Cotton)
Global Automotive Adhesive Tapes for Interior Market: By Product
- Double-sided
- Masking
- Reinforced
- Specialty
Global Automotive Adhesive Tapes for Interior Market: By Function
- Bonding
- NVH
- Masking
Global Automotive Adhesive Tapes for Interior Market: By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
Global Automotive Adhesive Tapes for Interior Market: By Regional Analysis
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America (LATAM)
- Brazil
- Mexico
- Rest of Latin America (LATAM)
- Middle East & Africa (MEA)
- United Arab Emirates (UAE)
- Saudi Arabia
- Rest of Middle East & Africa (MEA)
