Market Highlights
Structural adhesive tapes are a type of adhesive product designed for bonding and joining materials in various applications, including automotive, aerospace, construction, electronics, and more. Unlike traditional adhesive tapes, which are often used for temporary or non-structural applications, structural adhesive tapes are engineered to provide high-strength, long-lasting bonds that can replace or augment traditional mechanical fasteners such as screws, rivets, and welds.
The growing adoption of structural adhesive tapes in various industries is driven by several key factors. Firstly, their ability to provide high-strength, durable bonds between different materials is a critical driver. This attribute is especially valuable in applications where traditional mechanical fasteners may be less efficient or impractical. Secondly, the lightweight nature of structural adhesive tapes is a significant advantage, particularly in industries like automotive and aerospace, where weight reduction is paramount for improving fuel efficiency and performance. Additionally, the ease of application and the potential for labor and assembly cost savings make them an attractive choice for manufacturers. Their corrosion resistance, vibration-damping properties, and design flexibility further contribute to their widespread use. Overall, the structural adhesive tapes market is likely to rebound at a promising CAGR of 4.1% in the long run to reach US$ 13.0 Billion in 2028.
Segment's Analysis
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Segmentations
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List of Sub-Segments
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Dominant and Fastest-Growing Segments
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Resin-Type Analysis
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Acrylic, Rubber, Silicone, and Others
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Acrylic is anticipated to remain the biggest demand generator in the years to come.
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Backing Material Analysis
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PVC, Paper, Woven/ Non-woven, PET, Foam, PP, and Others
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Woven/ Non-woven is the fastest growing baking material of structural adhesive tapes market.
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Product Type Analysis
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Single-sided bonding and Double-sided bonding
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Single-sided bonding is dominant the product.
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Technology Analysis
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Solvent-based, Water-based, Hot-melt and Reactive
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Solvent-based has the biggest market share for the technology.
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End Use Industry Analysis
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Automotive, Healthcare, Electrical & Electronics, Renewable Energy, E-Mobility, Building & Construction, and Others
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Healthcare accounts for the largest segment of the market.
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Regional Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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Asia-Pacific is expected to remain the largest market over the next five years.
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Based on the vehicle type, the structural adhesive tapes market is segmented into acrylic, rubber, silicone, and others. Acrylic is expected to remain the largest resin type in the market during the forecast period as it offers an exceptional balance between bonding strength and flexibility, making it suitable for a wide range of applications. This versatility allows manufacturers to use them in various industries, from automotive and aerospace to construction and electronics. Another significant advantage of acrylic adhesives is their relatively quick curing time. They often cure at room temperature, which contributes to faster assembly processes and increased production efficiency. This characteristic can lead to cost savings for manufacturers as it reduces labor and energy costs associated with curing.
Based on the backing material, the market is segmented into PVC, paper, woven/ non-woven, PET, foam, PP, and others. The woven/non-woven materials segment has emerged as the fastest-growing category in the structural adhesive tapes market as they offer a unique combination of strength, flexibility, and adaptability, making them ideal for a wide range of applications across various industries. Additionally, woven and non-woven materials are known for their lightweight nature, which is crucial in industries like automotive and aerospace, where weight reduction is a top priority for improving fuel efficiency and performance. Their lightweight properties contribute to reduced overall product weight without compromising strength, aligning with sustainability goals and regulatory requirements for lower emissions.
Based on the end-use industry, the market is segmented into automotive, healthcare, electrical & electronics, renewable energy, E-mobility, building & construction, and Others. The healthcare sector has emerged as the largest segment in the structural adhesive tapes market as they play a vital role in the assembly and manufacturing of medical devices and equipment. These devices, which include surgical instruments, diagnostic equipment, wearable medical devices, and more, often require precise and secure bonding to ensure their reliability and safety. Structural adhesive tapes offer a non-invasive and efficient means of joining components, which is particularly important in healthcare applications where traditional methods like welding or mechanical fasteners may not be suitable due to their invasive nature.
In terms of regions, Asia-Pacific is expected to remain the largest market for structural adhesive tapes during the forecast period as this region is one of the most significant contributors to global production. Structural adhesive tapes are extensively used in manufacturing processes to enhance efficiency, reduce costs, and improve product quality. This has driven the demand for these tapes in the region's manufacturing hubs, such as China's Guangdong Province and India's industrial clusters. Moreover, Asia Pacific has witnessed a surge in construction activities, both residential and commercial, driven by urban population growth and infrastructure development initiatives. Structural adhesive tapes play a crucial role in the construction industry for applications such as bonding cladding materials, curtain walls, and structural components. As a result, the construction boom has significantly boosted the demand for these tapes in the region.
Key Players
The following are the key players in the structural adhesive tapes market:
- 3M Company
- Avery Dennison Corporation
- Nitto Denko Corporation
- Tesa SE
- Lintec Corporation
Research Methodology
This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s structural adhesive tapes market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, etc.
- COVID-19 impact and its recovery curve
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for existing and new players
- Key success factors
The structural adhesive tapes market is segmented into the following categories.
Structural Adhesive Tapes Market, by Resin Type
- Acrylic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Rubber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Silicone (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Structural Adhesive Tapes Market, by Backing Material
- PVC (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Paper (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Woven/ Non-Woven (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- PET (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Foam (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- PP (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Structural Adhesive Tapes Market, by Product Type
- Single-sided bonding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Double-sided bonding (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Structural Adhesive Tapes Market, by Technology
- Solvent-based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Water-based (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Hot-melt (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Reactive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Structural Adhesive Tapes Market, by End-use Industry
- Automotive (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Healthcare (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Electrical & Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Renewable Energy (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- E- Mobility (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Building & Construction (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
- Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Structural Adhesive Tapes Market, by Region
- North America (Country Analysis: The USA, Canada, and Mexico)
- Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
- Asia-Pacific (Country Analysis: Japan, China, India, and The Rest of Asia-Pacific)
- Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)
Customization Option
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
