Global Automotive Adhesive Tapes market to grow at a CAGR of around 5.9% during the forecast period. This market research report provides a comprehensive segmentation of the global Automotive Adhesive Tapes market by type Type (Acrylic, Silicone, Rubber), Backing Material (Polypropylene, Poly-Vinyl Chloride, Paper), Application (Exterior, Interior, Electric Vehicle). It outlines the market shares for key regions such as the Americas, APAC, Europe, and MEA.
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Top Key Players Profiled in the Automotive Adhesive Tapes Market:
- 3M (US)
- Nitto Denko Corporation (Japan)
- tesa SE (US)
- Avery Dennison Corporation (US)
- Lohmann GmbH & Co.KG (Germany)
- Henkel AG & Co. KGAA (Germany)
- Sika AG (Switzerland)
- Intertape Polymer Group (US)
- Lintec Corporation (Japan)
- Shurtape Technologies
- LLC (US)
- Scapa (UK)
- L&L Products (US).
By application,polypropylene (PP)-backed automotive adhesive tapes accounted for the largest share of the overall automotive adhesive tapes market, in terms of volume and value, in 2020. PP has high demand due to its superior quality and provides better flexibility and conformability owing to its softness.
Asia Pacific dominated the global automotive adhesive tapes market, due to the high demand from China, Japan, and India. Growing trend of electrification of vehicles is driving the growth of the automotive adhesive tapes in Asia Pacific region.
Breakdown of primary participants’ profile:
- By Company Type: Tier 1 – 47.2%, Tier 2 – 30.7%, and Tier 3 – 22.1%
- By Designation: C-level Executives – 42.1%, Managers – 39.6%, and Others– 18.3%
- By Region: Asia Pacific – 25.0%, North America – 35.0%, Europe – 22.0%,Africa – 3.0%, South America – 8.0%, Middle East – 7.0%
Competitive Landscape of Automotive Adhesive Tapes Market:
1 Key Players’ Strategies
2 Revenue Share Analysis
3 Market Share Analysis
9 Company Evaluation Quadrant
9.3 Emerging Leader
10 Competitive Scenario
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Reason to access this report:
The report is expected to help the market leaders/new entrants in the market by providing them the closest approximations of revenue numbers of the automotive adhesive tapes market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses and make suitable go-to-market strategies.
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