Silicone Segment to Dominate North America Double Sided Tape Market during 2021-2028
According to this research study titled “North 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$ 3,213.20 million by 2028 from US$ 2,208.04 million in 2021. The market is estimated to grow at a CAGR of 5.5% from 2020 to 2028. The report provides trends prevailing in the North America double-sided tape market along with the drivers and restraints pertaining to the market growth. Wide range of applications of double-sided tape is the major factor driving the growth of the North America double sided tape market. However, the fluctuation in raw material prices may hinder the growth of North America double sided tape market.
In North America, the US 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 North American countries, i.e., Mexico, Canada, Panama, and Costa Rica. However, North 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 North 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 North America double sided tape market. Based on backing material, the North 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 others segment held the largest share in North America double sided tape market. Furthermore, in this present scenario of COVID-19 pandemic, the North America double sided tape market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the North 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., Lohmann GmbH & Co.KG, Lintec Corporation, Avery Dennison Corporation are some of the leading companies in the North 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 North America Double Sided tape market as follows:
North America Double Sided Tape Market - By Resin Type - Acrylic
North America Double Sided Tape Market - By Backing Material - Foam
North America Double Sided Tape Market - By End-Use - Health Care
North America Double Sided Tape Market - By Country - US
According to this research study titled “North 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$ 3,213.20 million by 2028 from US$ 2,208.04 million in 2021. The market is estimated to grow at a CAGR of 5.5% from 2020 to 2028. The report provides trends prevailing in the North America double-sided tape market along with the drivers and restraints pertaining to the market growth. Wide range of applications of double-sided tape is the major factor driving the growth of the North America double sided tape market. However, the fluctuation in raw material prices may hinder the growth of North America double sided tape market.
In North America, the US 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 North American countries, i.e., Mexico, Canada, Panama, and Costa Rica. However, North 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 North 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 North America double sided tape market. Based on backing material, the North 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 others segment held the largest share in North America double sided tape market. Furthermore, in this present scenario of COVID-19 pandemic, the North America double sided tape market has been facing difficulties and several countries have suffered heavily. The manufacturing sectors in the North 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., Lohmann GmbH & Co.KG, Lintec Corporation, Avery Dennison Corporation are some of the leading companies in the North 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 North America Double Sided tape market as follows:
North America Double Sided Tape Market - By Resin Type - Acrylic
- Rubber
- Silicone
- Others
North America Double Sided Tape Market - By Backing Material - Foam
- Film
- Paper
- Others
North America Double Sided Tape Market - By End-Use - Health Care
- Building and Construction
- Automotive
- Consumer Goods
- Others
North America Double Sided Tape Market - By Country - US
- Canada
- Mexico
Frequently Asked Questions about the North American Double Sided Tape Market
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Who are the key companies in the North American Double Sided Tape Market?
Report Attribute | Details |
---|---|
No. of Pages | 148 |
Published | June 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD | $ 2208.04 Million |
Forecasted Market Value ( USD | $ 3213.2 Million |
Compound Annual Growth Rate | 5.5% |
Regions Covered | North America |
Table of Contents
1. Introduction
3. Research Methodology
4. North America Double Sided Tape Market Landscape
5. North America Double Sided Tape Market - Key Market Dynamics
6. Double Sided Tape - North America Market Analysis
7. North America Double Sided Tape Market Analysis - By Resin Type
8. North America Double Sided Tape Market Analysis - By Backing Material
9. North America Double Sided Tape Market Analysis - By End-Use
10. North America Double Sided Tape Market - Country Analysis
11. Overview- Impact of COVID-19 on North America Double Sided Tape Market
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M
- Nitto Denko Corporation
- Tesa SE
- Intertape Polymer Group
- Shurtape Technologies LLC
- Scapa
- Guangzhou Broadya Adhesive Products Co., Ltd.
- Lohmann GmbH & Co.KG
- Lintec Corporation
- Avery Dennison Corporation