Quick Summary:
In the ever-evolving world of business, staying ahead of emerging market trends is vital. Our latest report on the global Double Coated Foam Tapes market offers the crucial data and insights you need to make informed business decisions. Estimated at US$928.7 Million in 2022, this robust sector is projected to reach a size of US$1.4 Billion by 2030. Polyethylene (PE), a key segment within this market, alone is forecast to reach a significant US$772.6 million.
This report doesn’t just offer a global overview, but dives deep into regional markets including the US, China, Japan, Canada, and Germany. With the U.S market estimated at US$245 Million and China predicted to grow at a rate of 8.8% CAGR, the opportunities for market penetration and growth are promising. Furthermore, our analysis of 13 major industry players imparts an understanding of the competitive landscape, a requisite in today's cut-throat business environment.
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Global Double Coated Foam Tapes Market to Reach $1.4 Billion by 2030
The global market for Double Coated Foam Tapes estimated at US$928.7 Million in the year 2022, is projected to reach a revised size of US$1.4 Billion by 2030, growing at a CAGR of 5.6% over the analysis period 2022-2030. Polyethylene (PE), one of the segments analyzed in the report, is projected to record 6.3% CAGR and reach US$772.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Polyurethane Resins (PUR) segment is readjusted to a revised 5.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $245 Million, While China is Forecast to Grow at 8.8% CAGR
The Double Coated Foam Tapes market in the U.S. is estimated at US$245 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$336.4 Million by the year 2030 trailing a CAGR of 8.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.Select Competitors (Total 13 Featured) -
- 3M Company
- Adhere Industrial Tapes Ltd.
- Adhesive Applications, Inc.
- Avery Dennison Corporation
- Berry Global Group, Inc.
- Bow Tape Co. Ltd.
- Essentra PLC
- Gergonne Industrie
- Guangzhou Broadya Adhesive Products Co. Ltd.
- Intertape Polymer Group Inc.
- J R Tape Products Pvt. Ltd.
- LAMATEK, Inc.
- Nitto Denko Corporation
- Parafix Tapes & Conversions Ltd.
- Saint-Gobain Performance Plastics Corporation
- Scapa Group PLC
- Shanghai Yongguan Adhesive Products Corp. Ltd.
- Tesa SE
- V. Himark (USA), Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Double Coated Foam Tapes?
What is the growth rate of the Global Market for Double Coated Foam Tapes?
What is the forecasted size of the Global Market for Double Coated Foam Tapes?
Who are the key companies in the Global Market for Double Coated Foam Tapes?
| Report Attribute | Details |
|---|---|
| No. of Pages | 182 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 928.7 Million |
| Forecasted Market Value ( USD | $ 1400 Million |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M Company
- Adhere Industrial Tapes Ltd.
- Adhesive Applications, Inc.
- Avery Dennison Corporation
- Berry Global Group, Inc.
- Bow Tape Co. Ltd.
- Essentra PLC
- Gergonne Industrie
- Guangzhou Broadya Adhesive Products Co. Ltd.
- Intertape Polymer Group Inc.
- J R Tape Products Pvt. Ltd.
- LAMATEK, Inc.
- Nitto Denko Corporation
- Parafix Tapes & Conversions Ltd.
- Saint-Gobain Performance Plastics Corporation
- Scapa Group PLC
- Shanghai Yongguan Adhesive Products Corp. Ltd.
- Tesa SE
- V. Himark (USA), Inc.
