What is Acrylic Foam Tapes Market Scope?
Acrylic foam tapes are superior tapes that are built to deliver assembly solutions for a large type of industrial applications and are thought ideal for exchange liquid adhesives, spot welds, mechanical fasteners, and other permanent fasteners. They're thought of ideal for bonding several painted metals, higher surface energy plastics, unpainted metals, and wherever the demand for thicker conformable products is needed. Moreover, making reliable and permanent bonds to a range of substrates as well as glass, wood, painted surfaces, composite materials, metals, and plastics is that the primary operation an acrylic foam tape offers to end-users. Acrylic foam tapes are used for metal fabrication, marine construction, and window fabrication due to their flexibility, conformability, and compressibility. Acrylic foam tapes are thought of ideal for indoor and doors usage due to their smart thermal resistance and high sturdiness properties. Acrylic foam tapes find their major application within the automotive industry due to the availability of bonding & attachment solutions for automotive interior & exterior elements like door visor, skirt, cladding, side molding, spoiler, and side-sill.
Influencing Trend:
Increasing Trend of Adoption of The Tapes
Market Growth Drivers:
Surge In Demand for Highly Strong and Flexible Adhesive Products, Wide Variety of The Tapes Available and Good Anti-Aging Properties Is Gaining Traction
Challenges:
Lack Of Awareness About the Tapes
Restraints:
High Prices and Low Availability of Raw Materials
Opportunities:
Increasing Sale from The E-Commerce Platform
The Acrylic Foam Tapes market study is being classified by Type (Double Sided Acrylic Foam Tapes and Single Sided Acrylic Foam Tapes), by Application and major geographies with country level break-up.
Acrylic foam tapes also possess a longer shelf life as there is no risk of clotting and drying up. The growth of the global acrylic foam tapes market is expected to be hampered by the slowdown in the manufacturing industry where the acrylic foam tapes market is extensively utilized. Government regulations restricting the use of banned chemicals are further restraining the growth of the global acrylic foam tapes market. Analysts at AMA predicts that Vendors from United Kingdom will contribute to the maximum growth of Global Acrylic Foam Tapes market throughout the predicted period.
Seal King Ind Co., Ltd (Taiwan), Lamatek, Inc (United States), The 3M Company (United States), AFT Company (United Kingdom), Adhere Industrial Tapes Ltd (United Kingdom), Lynvale Ltd (United Kingdom), GPI Corporation (M) Sdn Bhd (Malaysia) and Wuxi Canaan Adhesive Technology Co., Ltd (China) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Acrylic Foam Tapes market by Type, Application and Region.
On the basis of geography, the market of Acrylic Foam Tapes has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In November 2019, An industrial tape named AXA Plus was launched by Tesa SE to fulfil the demand of consumers for customized products
On 18th September 2020, Avery Dennison Performance Tapes Releases Next-Generation Heat-Activated Acrylic Foam Tape. The new 94 Series AFB heat-activated tapes are engineered to deliver the high holding power required for rubber extrusion bonding in industrial applications. The new line also features an easy release liner to aid in removal during application. These products are offered in full web, spool wound, or level wound formats to increase flexibility for converters and their customers.
Key Target Audience
Manufacturers of Acrylic Foam Tapes, Suppliers and distributors of Acrylic Foam Tapes, Governmental and Regulatory bodies and End-Users
Acrylic Foam Tapes Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Acrylic Foam Tapes Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Acrylic Foam Tapes industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.