Market Highlights

The global double sided tape market is expected to grow from USD 11.90 billion in 2023 to USD 22.92 billion by 2033 at a CAGR of 6.77%.

Double Sided Tape Market CAGR

2023-2033

CAGR OF

6.77%

Double Sided Tape Market

Double sided tape has a thin sticky layer to both side of the substrate. Also known as double coated tape or double faced tape. Double sided tape finds a deluge of use in multiple sectors that includes bonding, splicing, holding, packaging, and mounting. Among all the industry verticals, the automotive industry accounts for the largest market share. The double-sided tapes are advantageous over other adhesives and glues in the paper & printing industry. 
This market research report provides an in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the market. The historic years considered for the study are 2018-2021, base year is 2022, estimated year is 2023, and forecasted period is 2023-2033.

Double Sided Tape Market: Market Dynamics

Increasing demand of acrylic and polyethylene form backed double sided and their versatile and superior properties over traditional adhesives are the major factors which fuelled the growth of the overall market during the forecast period. On the other hand, higher price of raw material for manufacturing of double sided tape increases the overall cost of tape, which is a hinderance to the growth of market.

Double Sided Tape Market: Segmental Analysis

Double Sided Tape Market

By Resin Type

Acrylic

Rubber

Silicone

The Market will Grow

At the CAGR of:

6.77%

The Forecast Market

Size for 2033 in USD:

$22.92B

Global double sided tape market is classified into resin type, technology, material, end user, and region.
Based on resin type, the market is segmented into acrylic, rubber, and silicone. The acrylic segment accounted for the largest market share due to superior adhesion over a wide range of temperature and its cost-effectivity, which is expected to witness of fastest growth rate during the forecast period.

Double Sided Tape Market

By Technology

XX%

Solvent Based

Water-Based

Hot-Melt Based

11.90

Total Market Size

USD (Billion), 2023

6.77%

CAGR

2023 - 2033

Based on technology, the market is segmented into solvent based, water-based, and hot-melt based. The hot-melt based market is expected to witness highest CAGR.

Double Sided Tape Market: Regional Analysis

Double Sided Tape Market

By Region

The Market will Grow

At the CAGR of:

6.77%

The Forecast Market

Size for 2033 in USD:

$22.92B

Geographically, the market is classified into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

North America makes it a prominent market-leader and is anticipated to remain the same in the forecasted period.
Owing to the rapid industrialization in countries such as China, South Korea, Vietnam, and India is set to drive the market in the Asia-Pacific region. Europe region has huge growth potential and is expected to contribute fruitful outcomes in the near future.

Double Sided Tape Market: Competition Scenario

Key players operating in the double sided tape market are 3M, Nitto Denko Corporation, tesa Tapes, LINTEC Corporation, FLEXcon Company, Inc., Shurtape Technologies, LLC, Yem Chio Co. Ltd., Rogers Corporation, Berry Global Inc., Adhesives Research, Inc., AFC Inc., Enping Sanli Adhesive Co. Ltd, Godson Tapes Private Limited, SEKISUI CHEMICAL CO., LTD., Ltd, inc., TOYOCHEM CO. LTD., and Scapa Group Plc.

Critical Questions Answered in the Report

    What are the key trends in the market?
    How the market (and its various sub segments) has grown in the last four years and what would be the growth rate in the next five years?
    What are the key strategies adopted by the major vendors to lead in the market?
    What is the market share of the top players?

Research Methodology

The research study extensively uses both secondary and primary research methodologies. More than 200 industry leaders from various phases of the value chain (demand side, supply side, resellers/distributors, and other independent consultants) were interviewed to gain crucial insights about this market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecast period.

Double Sided Tape Market Scope: