Industry Background:
Acrylic Foam Tape is also called Very High Bond (VHB) tape. It is made of an adhesive that can be water-based, solvent-based, or solid. It is laminated with paper or film release liner. The thickness of these tapes can vary between 0.25mm and 3mm. It is designed to provide very high bond strength on a variety of substrates. Acrylic foam tape can replace mechanical fasteners in appliances, automotive, signs, and other manufacturing applications. It is designed to provide excellent strength, durability, and heat-resistance. These tapes are capable of absorbing shock against wind, vibrations and other performance stresses. The wide application areas of acrylic foam tapes are driving its demand.This growth is primarily driven by High Demand from Automotive Industries for Electrification Purposes and Growing Demand from the Paper Industry Is Driving the Market.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | 3M (United States), Scapa (United Kingdom), Ajit Industries Pvt. Ltd (India), Nitto Denko (Japan), Saint-Gobain (France), Foshan Jintuo Adhesive Products Co., Ltd (China), Kubhera Insulation (India), Swabs Tapes (India), Pioneer Corporation (India) and Tesa Tapes (India) Private Limited (India) |
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 Vendors, such as 3M (United States), Scapa (United Kingdom), Ajit Industries Pvt. Ltd (India), Nitto Denko (Japan), Saint-Gobain (France), Foshan Jintuo Adhesive Products Co., Ltd (China), Kubhera Insulation (India), Swabs Tapes (India), Pioneer Corporation (India) and Tesa Tapes (India) Private Limited (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2019, Saint-Gobain Introduced a new high-performance gray acrylic foam tape, Norbond A7600 for trailer and specialty vehicle bonding applications. The newly launched tape is available in 1.1mm thickness and offers enhanced short-term adhesion capability and greater conformability to allow for better adhesive.
Market Drivers
- High Demand from Automotive Industries for Electrification Purposes
- Growing Demand from the Paper Industry Is Driving the Market
Market Trend
Opportunities
Increasing Popularity Owing To Ease of Use as Against Liquid Adhesives and Rising Construction Sector in Emerging Nations Is Raising Demand
Challenges
Rising Prices of Raw Materials
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Acrylic Foam Tape Study Sheds Light on
The Acrylic Foam Tape Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Acrylic Foam Tape industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Acrylic Foam Tape industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.