| Structural adhesive tapes are comprised of particular glues which give high strength connection between two surfaces. This tape offers high holding strength, quick apparatus, sturdiness, sway opposition and adaptability highlights. Structural adhesive tapes offers different benefits over different options, for example, welding, bolts and rushes as the previous invigorates better security. This tape is utilized in different end use ventures like aviation and avionics, marine, car, development and different businesses.
ChemIntel360’s global Structural Adhesive Tapes market study is a 160 slide report containing in depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, resin, and end-use industry perspective. Despite the adverse effects of the COVID-19 pandemic, the industry is expected to rebound strongly and grow at a CAGR of 4.1% over 2021-2026. The chemical’s growing use in the healthcare sector would support the growth of the market during forecast period.
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Scope
This study contains global and regional market size data. The numbers are broken down by end-use industry (Healthcare, Automotive, Building and Construction, Electronics and Electrical, and E-mobility), and by resin (Acrylic, Silicone, and Rubber). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global Structural Adhesive Tapes market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$7.3 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
Regional Analysis
To gain a clearer picture of the market, the report outlines sector-wise growth in regions of North America, Europe, Asia Pacific, Middle East and Africa, and South America. These regions have been analyzed with respect to the market to determine their attractiveness for the industry players with inputs of market size, risk, and growth potential.
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Competitive Landscape
The key players operating the global Structural Adhesive Tapes market, which are playing a major role in market development have been studied extensively in this report are 3M Company (US), Avery Dennison Corporation (US), Tesa SE (Germany), Nitto Denko Corporation (Japan), and Lintec Corporation (Japan).
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ChemIntel360, part of AgileIntel’s broader research offering, provides an integrated portfolio of quantitative and qualitative research reports on the chemicals sector. Our studies make use of credible market intelligence.
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