The “Foam Tape Market by Resin, Technology, Type, End-Use Industry, and Region – Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The foam tape market is projected to grow from USD 7.44 billion in 2018 to USD 10.35 billion by 2023, at a CAGR of 6.83% between 2018 and 2023.
The rising demand for foam tape across various end-use industries such as electrical & electronics, building & construction, automotive, and paper & printing is expected to drive the foam tape market. The increasing environmental concerns and the growing number of regulatory policies have propelled the manufacturers of foam tape to focus on the development of eco-friendly products.
Volatile raw materials prices are acting as a restraint to the growth of the foam tape market. The rising costs of foam types such as acrylic and PE across the globe are affecting the foam tape market. Most of the raw materials used in the development of foam tape are petroleum-based derivatives that are vulnerable to fluctuations in commodity prices.
Automotive is expected to be the leading end-use industry of foam tape during the forecast period, in terms of volume. In the automotive industry, foam tape is used in plate panels, roof molding, outer belt moldings, rocker panel/claddings, emblem & nameplates, rear spoilers, body & bumper side moldings, side mirrors, and side fenders/wheel flares.
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Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Macroeconomic Indicators
7 Foam Tape Market, By Resin Type
8 Foam Tape Market, By Technology
9 Foam Tape Market, By Foam Type
10 Foam Tape Market, By End-Use Industry
11 Foam Tape Market, By Region
12 Competitive Landscape
13 Company Profiles
- 3M Company
- Nitto Denko Corporation
- Tesa Se
- Lintec Corporation
- Avery Dennison Corporation
- Intertape Polymer Group, Inc.
- Scapa Group PLC
- Lohmann GmbH & Co. Kg
- Mactac, LLC
- Adchem Corporation
- CCT Tapes
- Tape-Rite Co. Inc.
- Ajit Industries
- Adhere Industrial Tapes Ltd
- Guangzhou Broadya Adhesive Products Co.
- Saint-Gobain Performance Plastics
For more information about this report visit https://www.researchandmarkets.com/research/3x3dtv/10_35_billion?w=4