#Acrylic Rubber Market CAGR

[businessindustry]

Adhesive Tape Films Market Size, Share, Forecast Report by 2024-2032

The Reports and Insights, a leading market research company, has recently releases report titled “Adhesive Tape Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Adhesive Tape Films Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the Adhesive Tape Films Market?

The global adhesive tape films market was valued at US$ 14.7 Billion in 2023 and is expected to register a CAGR of 4.1% over the forecast period and reach US$ 21.1 Bn in 2032.

What are Adhesive Tape Films?                                                                                                                                                                            

Adhesive tape films are multifunctional materials widely utilized across various industries, from manufacturing to everyday consumer products. These films comprise a thin layer of adhesive-coated material that adheres securely to numerous surfaces while remaining flexible and durable. Typically crafted from polymers such as polyethylene, polypropylene, or polyester, adhesive tape films can be tailored to possess specific characteristics, including moisture resistance, UV stability, and heat resistance, making them ideal for applications like packaging, insulation, electrical work, and automotive uses. Their easy application and ability to conform to irregular shapes make them crucial in both professional and DIY projects, enhancing efficiency and reliability across multiple sectors.

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What are the growth prospects and trends in the Adhesive Tape Films industry?

The adhesive tape films market growth is driven by various factors and trends. The adhesive tape films market is experiencing substantial growth, driven by rising demand for versatile bonding solutions across diverse industries such as automotive, electronics, packaging, and construction. These films provide unique features, including moisture resistance, heat resistance, and electrical insulation, making them suitable for various applications. The surge in e-commerce and the need for effective packaging solutions further stimulate market expansion, as businesses seek reliable products to ensure safe delivery. Moreover, advancements in manufacturing technologies and the introduction of innovative adhesive formulations are enhancing product performance and broadening their applications. With a growing emphasis on sustainability, the market is also shifting toward eco-friendly and recyclable adhesive tape films, aligning with global initiatives to reduce environmental impact. Overall, the adhesive tape films market is well-positioned for continued growth, driven by changing consumer preferences and technological innovations. Hence, all these factors contribute to adhesive tape films market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

By Product Type

Transparent

Colored

By Backing Material Type

Polyethylene (PE) Films

Polypropylene (PP) Films

Polyvinyl Chloride (PVC) Films

Polyester (PET) Films

Others

By Adhesive Type

Rubber-Based Adhesives

Acrylic Adhesives

Silicone Adhesives

Others

By End Use

Packaging

Automotive

Electronics

Construction

Healthcare

Paper & Printing

Others

North America

United States

Canada

Europe

Germany

United Kingdom

France

Italy

Spain

Russia

Poland

Benelux

Nordic

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

ASEAN

Australia & New Zealand

Rest of Asia Pacific

Latin America

Brazil

Mexico

Argentina

Middle East & Africa

Saudi Arabia

South Africa

United Arab Emirates

Israel

Rest of MEA

Who are the key players operating in the industry?

The report covers the major market players including:

3M Company

Taghleef Industries

Nitto Denko Corporation

PAC Adhesive Products (Suzhou) Co., Ltd.

Berry Global Inc.

YANGFENG TAPE AND ADHESIVE PRODUCTS, LTD.

LINTEC Corporation

Shurtape Technologies, LLC

FROMM Holding GmbH Co. KG

USG Corporation

Henkel AG Co. KGaA

Tes tape group

Avery Dennison Corporation

View Full Report: https://www.reportsandinsights.com/report/Adhesive Tape Films-market

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[marketingreportz]

Polymer Modified Cementitious Coatings Market - Forecast(2024 - 2030)

Market Overview

Polymer Modified Cementitious Coatings Market size is forecast to reach US$12.3 billion by 2026, after growing at a CAGR of 5.9% during 2024–2030. The development of polymer-based concrete emerged as an additive that helps to improve cementitious material durability and adhesion to improve concrete strength by reducing porosity at the surface level and is driving the market growth. Also, the rising demand for dual component, thixotropic coatings in residential, and commercial construction to protect the steel and concrete components from corrosion is anticipated to drive the demand for Polymer Modified Cementitious Coatings Market growth.

Sample Report:

Furthermore, the increasing usage of acrylic polymer and styrene butadiene rubber latex for waterproofing roofs and decks, and protection of coastal and highways structures to increase the durability of concrete will act as an opportunity for the growth of the polymer modified cementitious coatings industry during the forecast period.

Market Snapshot:

Report Coverage

The: “Polymer Modified Cementitious Coatings Market Report — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Polymer Modified Cementitious Coatings Market.

By Type: Acrylic Polymer and Styrene Butadiene Rubber Latex. By Flexibility: Flexible and Non-Flexible. By Composition: One Component and Two Component. By Application: Residential, Commercial, Industrial, and Infrastructure. By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherland, Spain, Russia, Belgium, and Rest of Europe), APAC (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa).

For More Details on This Report — Request for Sample

Key Takeaways

The Asia-Pacific region dominated the Polymer Modified Cementitious Coatings Market owing to the rising residential construction projects in emerging economies such as China, India and others.

Rising initiatives and investments in large infrastructure projects by governments of several countries is likely to drive the polymer modified cementitious coating market over the forecast period.

Industrial revolution and rapid urbanization is also estimated to drive the overall Polymer Modified Cementitious Coatings Market growth.

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Polymer Modified Cementitious Coatings Market Segment Analysis — By Type

Acrylic Polymer is extensively used in the Polymer Modified Cementitious Coatings Market. Acrylic polymer is a clear, robust, and rigid plastic substance. Acrylic polymers come in a variety of hues and finishes owing to which it is frequently used in architecture and construction coatings. Because of their chemical purity, stability, high heat resistance, UV resistance, excellent weathering, low temperature performance, water resistance, and hydrophobicity, acrylic polymers are now widely employed in industry in a variety of applications. Thus, it is anticipated that the rising demand for acrylic polymer in several applications will boost the growth of the market in the upcoming years.

Polymer Modified Cementitious Coatings Market Segment Analysis — By Application

Residential sector held the largest share in the Polymer Modified Cementitious Coatings Market in 2023 and is projected to grow at a CAGR of 5.1% during the forecast period 2024–2030. The expansion of polymer modified cementitious coatings in the residential building market is being fueled by their low cost. Construction spending on buildings is projected to increase just over 6% in 2023, according to the mid-year update of the American Institute of Architect’s AIA Consensus Construction Forecast. The demand for apartments, condos and townhomes is high as single-family homes have become more expensive and less available due to lack of space. As per a report from the U.S. Commerce Department, homebuilding increased in August 2022 as rising rents boosted the construction of multi-family housing to the highest level in more than 36 years. The number of apartments under construction (890,000 residents in 2-plus unit properties) as of September 2022 is at the highest level since the first quarter of 1974, according to the National Association of Home Builders (NAHB). Thus, with the rising usage of polymer modified cementitious coatings in the residential sector the market is anticipated to grow over the forecast period.

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Polymer Modified Cementitious Coatings Market Segment Analysis — Geography

Asia Pacific held the largest share with 39% in the Polymer Modified Cementitious Coatings Market in 2023. Rapid increase in the residential construction activities has raised the demand for polymer modified cementitious coatings in this region. Also, owing to the industrial development and improving economic conditions in the emerging economies such as China, India, Japan, and South Korea have further uplifted the growth of the market. According to GDP data, India is currently one of the world’s fastest growing major economies and is currently in the middle of a housing boom. The demand for housing is steadily increasing in most urban areas and is expected to grow even faster in the years ahead. Across the country there was an urban housing shortage of 19 million housing units last year. According to government estimates this is expected to double by 2030. Thus, it is anticipated that with the rising growth of residential buildings in Asia-pacific region the market for polymer modified cementitious coatings will also upsurge over the forecast period.

Polymer Modified Cementitious Coatings Market Drivers

Rising Infrastructure Activities

Infrastructure sector is a key driver for the rising economy in several regions. Rising government initiatives to support infrastructure development is estimated to drive the growth of the Polymer Modified Cementitious Coatings Market. Also, the increasing usage of acrylic polymer and styrene butadiene rubber latex owing to its alluring properties in the infrastructure sector would further drive the market growth. Almost $1 trillion worth of development projects have commenced or been announced since the unveiling of Saudi Arabia’s Vision 2030 agenda. To deal with the planned influx of tourists, the Kingdom is also spending on major supporting infrastructure, including a new airport in Riyadh at a cost of almost $150 billion and a vast new passenger rail network. Thus, with the growth of several infrastructure activities and rising government initiatives towards infrastructure segment the market is estimated to rise in the projected timeframe.

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Polymer Modified Cementitious Coatings Market Challenges

Fluctuating Raw Material Prices

For every branch of the manufacturing industry, raw materials are perhaps the most important factor in production. However, due to the raw material intensive nature in the coating industry, raw materials play a far greater role. Even minor changes in raw material prices have a significant impact on the profitability and operations of coating manufacturers. India, which is entirely reliant on crude oil and derivatives imports, imports nearly 90% of its raw material requirements for the coating industry, which has suffered greatly as a result of rising prices and political uncertainty in the Middle East region. In 2022, the price of crude oil and crude oil-linked derivatives such as monomers and solvents put pressure on coating manufacturers thanks to the Russia-Ukraine war. Thus, due to the fluctuating price of raw materials the market for polymer modified cementitious coatings is anticipated to face hurdles in the forecast period.

Polymer Modified Cementitious Coatings Market Landscape

Major players in the Polymer Modified Cementitious Coatings Market are

Arkema S.A.

Sika AG,

Akzo Nobel N.V.

MAPEI S.p.A.

Compagnie de Saint-Gobain S.A.

Dow, Inc.

H.B. Fuller Company

The Lubrizol Corporation

Organik Kimya A.S.

Fosroc International Limited

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[amrutatbrc1]

Double-Sided Masking Tapes Market 2024-2033 : Demand, Trend, Segmentation, Forecast, Overview And Top Companies 

The double-sided masking tapes global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Double-Sided Masking Tapes Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The double-sided masking tapes market size has grown strongly in recent years. It will grow from $12.33 billion in 2023 to $13.1 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to automotive industry demand, electronics and pcb manufacturing, construction and building applications, industrial and manufacturing needs, and efficient bonding solutions

The double-sided masking tapes market size is expected to see strong growth in the next few years. It will grow to $17.25 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increased automation in manufacturing, e-commerce and online sales, regulatory compliance, medical and healthcare applications, and renewable energy and solar panel assembly. Major trends in the forecast period include advanced materials and composites, automation in manufacturing, technological innovations, innovative solutions, and strategic partnerships.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/double-sided-masking-tapes-global-market-report

The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Market Drivers - The growing penetration of the construction sector is expected to propel the growth of double-sided masking tapes. Double-sided masking tapes are used to resist the material from corrosion and keep the material surfaces clean and smooth and provide sealing function protection against environmental elements during construction. Due to these characteristics, the construction industry has gradually used double-sided masking tape for outdoor and indoor applications. For instance, in September 2021, according to the Global Construction Outlook report by Marsh, a UK-based Insurance company stated that between 2020 and 2030, the global construction market is expected to grow by $4.5 trillion, reaching $15.2 trillion, with emerging markets accounting for $8.9 trillion. Furthermore, China, India, the United States, and Indonesia will account for 58.3% of global construction growth. Therefore, the rise in construction activities is expected to boost demand for double-sided masking tapes market during the forecast period.

The double-sided masking tapes market covered in this report is segmented –

1) By Product Type: Silicon-based Adhesive, Acrylic-based Adhesive, Rubber-based Adhesive 2) By Application: Painting, Plating, Abrasive Blasting, High-Temperature Applications, Other Applications 3) By End-User: Automotive, Building and Construction, Healthcare, Electrical and Electronics, Packaging, Aerospace, Other End-users

Get an inside scoop of the double-sided masking tapes market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=7204&type=smp

Regional Insights - North America was the largest region in the double-sided masking tapes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the double-sided masking tapes market share during the forecast period. The regions covered in the double-sided masking tapes market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Companies - Major companies operating in the double-sided masking tapes market include 3M, Intertapes Polymer Group, Shurtape Technologies LLC, TesaTapes Private Ltd., Nitto Denko Corp, Lintec Corporation, Avery Dennison Corporation, Yem Chio Co Ltd., SEKISUI Chemical Co Ltd., Lohmann GmbH & Co. Kg, Guangzhou Broadya Adhesive Products Co Ltd., Scapa Group plc, Berry Global Inc., Saint-Gobain Performance Plastics, L&L Products, Adchem Corp, Adhesive Applications Inc., Adhesives Research Inc., Advanced Flexible Composites Inc., Adhesive Systems Inc., American Biltrite Inc., Arkema Group, Ashland Inc., Bostik Findley SA, Collano Adhesives AG, Dow Inc., Drytac Corp, Franklin International Group Ltd., H.B. Fuller India Adhesives Pvt Ltd.

Table of Contents 1. Executive Summary 2. Double-Sided Masking Tapes Market Report Structure 3. Double-Sided Masking Tapes Market Trends And Strategies 4. Double-Sided Masking Tapes Market – Macro Economic Scenario 5. Double-Sided Masking Tapes Market Size And Growth ….. 27. Double-Sided Masking Tapes Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[adityarana1687-blog]

Petrochemicals Market Size To Reach $1002.45 Billion By 2030

The global petrochemicals market size is expected to reach USD 1002.45 billion by 2030, as per the new report by Grand View Research, Inc. It is expected to expand at a CAGR of 7.3% from 2024 to 2030. It is expected to expand at a CAGR of 7.0% from 2023 to 2030. The demand for petrochemicals is attributed to an increase in demand from the end-use industries such as construction, textile, medical, pharmaceuticals, consumer goods, automotive, and electronics.

Products such as ethylene, propylene, and benzene are widely used in various industries such as packaging, electronics, plastics, and rubber. The ethylene product segment dominated the market in 2021 and is expected to maintain its lead in the forecast period owing to its wide application scope across several industries. Asia Pacific is anticipated to dominate the market in the forecast period owing to the favorable regulatory policies in the region.

Crude oil and natural gas are the major raw materials used for the manufacturing of petrochemical products. The volatile prices of crude oil are a major challenge in the procurement process of crude oil as a raw material for manufacturers. The industry players that are reliant on crude oil as a feedstock for manufacturing are likely to face difficulties in the coming years. However, declining prices of natural gas owing to a rise in its production are expected to augment the growth of the product over the forecast period.

The competitiveness among the producers of the product is high as the market is characterized by the presence of a large number of global players with strong distribution networks. Top players are dominating the industry for the past few years owing to the increasing investment in R&D activities related to new product development.

Request a free sample copy or view the report summary: Petrochemicals Market Report

Petrochemicals Market Report Highlights

The methanol product segment is expected to expand at the highest revenue-based CAGR of 8.9% over the forecast period. The demand is attributed to the increase in demand for methanol in manufacturing biodiesel, which is biodegradable, safe, and produces fewer air pollutants as compared to other fuels

Surged use of polyethylene, High-density Polyethylene (HDPE), and Low-density Polyethylene (LDPE) is expected to foster the overall growth of the market for petrochemicals.

The butadiene product segment is expected to be an emerging segment in the coming years as it is a key building block used in the manufacturing of several chemicals and materials employed in the industries such as consumer durables, healthcare, and building and construction

Manufacturers have adopted joint ventures and acquisitions as major strategies to increase their global presence

Petrochemicals Market Segmentation

Grand View Research has segmented the global petrochemical market report on the basis of Product, and region

Petrochemicals Product Outlook (Volume, Million Tons; Revenue, USD Billion, 2018 - 2030)

Ethylene

Polyethylene

Ethylene oxide

EDC

Ethyl benzene

Others

Propylene

Polypropylene

Propylene oxide

Acrylonitrile

Cumene

Acrylic acid

Isopropanol

Other

Butadiene

SB Rubber

Butadiene rubber

ABS

SB latex

Others

Benzene

Ethyl benzene

Phenol/cumene

Cyclohexane

Nitrobenzene

Alkyl benzene

Other

Xylene

Toluene

Solvents

TDI

Others

Methanol

Formaldehyde

Gasoline

Acetic acid

MTBE

Dimethyl ether

MTO/MTP

Other

Petrochemicals Regional Outlook (Volume, Million Tons; Revenue, USD Billion, 2018 - 2030)

North America

U.S.

Canada

Europe

Germany

UK

France

Belgium

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Latin America

Brazil

Middle East

Africa

List of Key Players of Petrochemicals Market

BASF SE

Chevron Corporation

China National Petroleum Corporation (CNPC)

China Petrochemical Corporation

ExxonMobil Corporation

INEOS Group Ltd.

LyondellBasell Industries Holdings B.V.

Royal Dutch Shell PLC

SABIC

Dow

[trendingrepots]

Pressure Sensitive Adhesives Market Overview

Pressure Sensitive Adhesives Market size is forecast to reach US$ 9.5 billion by 2026, after growing at a CAGR of 6.5% during 2021-2026. Globally, the rising demand for pressure-sensitive adhesives (PSA) owing to its thin, flexible material with single or double-sided coating in various end-use industries such as packaging, automotive, and electronics is estimated to drive the market growth. The increasing usage of resins such as silicone polymers, polyisobutene, and elastomers, generally synthetic rubber as the base polymer owing to its functionality and durability, in various end-use sectors will also substantially drive the demand for PSAs. Nitrocellulose adhesive, hydrogenated hydrocarbon resins, and ethylene-vinyl acetate are the thermoplastic resins generally employed in pressure-sensitive adhesives. Moreover, the increasing usage of bio-based pressure-sensitive adhesives and advancements in pressure-sensitive adhesive tapes is expected to offer enormous market expansion opportunities and boost the pressure-sensitive adhesives (PSA) industry in the projected time frame.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞

Impact of Covid-19

The COVID-19 pandemic and its disruption to several manufacturing activities declined the growth of the pressure sensitive adhesives market in the year 2020. Due to the supply chain disruption and insufficient labor, the manufacturing activities of the packaging, automotive, and electrical and electronic industries were set at a pause which affected the market growth. Furthermore, considering the new government norms and reopening of several industries, it is presumed that the market for pressure sensitive adhesives will return to normal conditions.

Report Coverage

The: “Pressure Sensitive Adhesives Market Report – Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the pressure sensitive adhesives Market.

By Formulation: Water-based, Solvent-based, Hot Melt, Others

By Resin Type: Elastomer (Natural and Synthetic), Acrylic, Silicone, Ethylene-Vinyl Acetate, Polyvinyl Ether, Polyisobutene, Polybutadiene, and Others

By Application: Tapes, Labels, Graphics, and Others

By End Use Industry: Construction, Automotive, Electronics, Medical and Healthcare, Paper, Furniture, Renewable Energy, Wood Working, and Others

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia and New Zealand, Taiwan, Indonesia, Malaysia, and Rest of Asia Pacific),South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

Key Takeaways

Asia-pacific region dominated the pressure sensitive adhesives Market due to the rising government investments in the healthcare, electronics, and construction and infrastructure segments in countries such as China, India, South Korea, and Australia. 

Current product innovations to improve modulus of elasticity and rigidity are expected to broaden the application range of pressure sensitive adhesives in structural applications and drive the growth of the market in the projected period.

Rising demand for silicone polymers based pressure sensitive adhesive (PSA) in the electronic and medical industry will further drive the growth of the pressure sensitive adhesives market.

Low adhesive strength provided by the pressure-sensitive adhesives (PSA) would further affect the growth of the market over the forecast period.

[entrepreneur-blog07]

Adhesive Products Business Startup: Key Insights and Advice

The adhesive products sector represents a dynamic industry, riding the wave of global trends like sustainable living, rapid industrialization, and increased focus on infrastructure and construction. With an expansive array of applications spanning from automotive to packaging, and textiles to furniture, adhesive products offer a promising avenue for investors. visite pur website https://entrepreneurblog.in/

This article will explore some of the best manufacturing business ideas in the adhesive product sector, emphasizing why startups should invest in this industry, given the current market size, trends, and future opportunities.

Epoxy Resin Based Primer (Putty):

Reasons to Invest:

High Durability: Epoxy resins provide a hard and durable surface, making them ideal for industrial coatings, flooring, and marine applications.

Growth in Construction: With an increased focus on infrastructure and the construction industry, the demand for high-quality primers, such as epoxy-based ones, is set to rise.

Leather Binder (Resin Based):

Reasons to Invest:

Thriving Leather Industry: The leather industry is booming globally, requiring quality binders for leather processing and finishing.

Sustainability: Resin-based binders are more sustainable than traditional chemical binders, offering eco-friendliness as an added advantage.

Pigment Binders for Textile Printing:

Reasons to Invest:

Fashion Trends: With fashion’s ever-changing dynamics, the demand for unique textile prints is evergreen.

Technical Advancements: Innovations in textile machinery and digital printing necessitate advanced pigment binders.

BOPP Adhesive Tapes:

Reasons to Invest:

Packaging Growth: Biaxially oriented polypropylene (BOPP) tapes are essential for packaging. With e-commerce and retail industries growing, so is the demand for BOPP tapes.

Versatility: These tapes have applications ranging from packaging to stationery.

Pressure Sensitive Adhesives for BOPP Tapes (Acrylic Based):

Reasons to Invest:

Strong Adhesion: Acrylic-based adhesives are renowned for their strong bonding properties, making them a top choice.

Broad Applications: These adhesives are also used in labels, decals, and graphics, expanding their market reach.

Guar Gum:

Reasons to Invest:

Food Industry: Guar gum is a popular thickening agent in the food industry, particularly in bakery products and sauces.

Oil & Gas: It’s used in hydraulic fracturing in the petroleum industry, further increasing its demand.

Adhesive (Fevicol Type):

Reasons to Invest:

Furniture Boom: With a growing real estate industry and urbanization trends, there’s a rise in furniture manufacturing, requiring such adhesives.

Craft and DIY: The craft and DIY sector also heavily rely on such adhesives, ensuring steady demand.

Urea Formaldehyde Resin (Powder):

Reasons to Invest:

Wood Industry: Predominantly used as an adhesive in the wood industry, its demand will grow with the timber and furniture sectors.

Durability: It offers resistance to moisture, making it perfect for plywood and particleboard.

Alkyl Resin from Cotton Seed Oil:

Reasons to Invest:

Green Revolution: Derived from renewable sources, these resins offer a sustainable alternative to synthetic ones.

Diverse Applications: They serve various sectors like paints, inks, and rubber.

Corrugated Carton Boxes Gum Powder (Tamarind Kernel Powder Base):

Reasons to Invest:

Packaging Needs: The increasing need for packaging solutions ensures the demand for corrugated boxes and, subsequently, their adhesive needs.

Natural Base: Being based on tamarind kernel powder, it’s eco-friendly and sustainable.

Market Analysis & Trends

The international adhesives market dimension was valued at USD 50 billion in 2019 and is forecasted to sign up a CAGR of over 5% between 2020 and 2026. The vital chauffeurs consist of:

Sustainability: With global emphasis changing in the direction of lasting items, adhesive manufacturers are working towards environmentally friendly options, leading to ingenious products.

Rapid Industrialization: As markets grow, their sticky needs expand, using opportunities in locations like vehicle, building, and product packaging.

Technological Advancements: With development in chemical research, brand-new adhesive items with much better residential or commercial properties and applications are frequently emerging.

Detailed Market Analysis

As we dig much deeper into the adhesive industry, different elements arise that represent its vastness and capacity.

Global Perspective:

Geographically, the Asia-Pacific region controlled the sticky market in 2019, with China, India, and Japan as the frontrunners. The region’s rise in production tasks, infrastructure development, and raising non reusable earnings are leading to greater usage of glue products. Europe complies with the Asia-Pacific, with Germany being the main contributor as a result of its robust vehicle industry. North America, with the U.S. at its core, likewise provides a substantial share, driven by its sophisticated manufacturing industries and surging construction industry.

Segment Analysis:

Different types of adhesives cater to varied applications:

Reactive & Others: This segment held a dominant share in 2019. Products like epoxies, urethanes, and acrylics fall under this category. They’re pivotal in applications demanding high strength and durability.

Hot Melts: These are gaining traction due to their quick-setting nature. Predominantly used in packaging, bookbinding, and the footwear industry.

Water-Based: These are eco-friendly, catering to the rising demand for sustainable solutions. They have applications in packaging, construction, and woodworking.

Raw Material Analysis:

Synthetic: Derived from petroleum feedstock, synthetic adhesives like vinyl acetate are prominent due to their cost-effectiveness.

Natural: Obtained from organic sources like plants and animals. Products such as starch, dextrin, and casein glues are in this category. The drive towards sustainability is making natural adhesives a focal point of research and innovation.

End-Use Trends:

Packaging: With the e-commerce boom, there’s an undeniable demand for adhesive solutions in packaging. Furthermore, the food and beverage industry requires specialized adhesive solutions.

Construction: Urbanization and infrastructure projects globally ensure that adhesives for tiles, wallpapers, and insulation materials are always in demand.

Automotive: Modern vehicle assembly requires adhesives for various parts, from interiors to the engine assembly.

Emerging Trends:

Bio-Based Adhesives: With environmental concerns, there’s an increasing shift towards bio-based adhesive solutions. Algae, soy protein, and lignin are now being explored as potential adhesive sources.

Smart Adhesives: Research is underway to develop adhesives that can change their stickiness or cure when exposed to particular stimuli, such as light or specific temperatures.

Opportunities and Challenges:

Opportunities:

Green Building Standards: With more countries adopting green building standards, there’s a rising demand for eco-friendly adhesive solutions.

Technological Advancements: Innovations will lead to the discovery of adhesives with better durability, resistance, and applicability.

Challenges:

Volatility in Raw Material Prices: The fluctuating costs of petroleum-based feedstock impact the pricing of synthetic adhesives.

Environmental Concerns: Some adhesive manufacturing processes are pollutant-heavy, drawing criticism and demands for cleaner production methods.

Strategies for Startups in the Adhesive Sector:

Invest in R&D: The adhesive industry thrives on innovation. Investing in research ensures the development of superior products.

Diversification: Tapping into various adhesive segments ensures stability. For instance, if one sector faces a slump, another might be booming.

Eco-Friendly Focus: With the world shifting towards sustainability, developing green adhesive solutions can offer a competitive edge.

Global Outreach: While some regions might face market saturation, others, especially in the developing world, offer untapped potential.

Consumer Awareness: Educating the end-user about the advantages of a particular adhesive can lead to brand loyalty and preference.

Case Studies:

Eco-Friendly Shift:

Company: A European adhesive manufacturer.

Challenge: Facing criticism for its environmentally-unfriendly production processes.

Solution: The Company invested in R&D and shifted to water-based adhesives, reducing its carbon footprint and tapping into the eco-friendly adhesive market.

Innovation-Driven Growth:

Company: An Asian adhesive startup.

Challenge: Competing against established giants in the adhesive industry.

Solution: The startup developed a unique adhesive that could bond dissimilar materials, like glass to wood, effectively. Their niche product ensured they stood out and captured a significant market share.

Understanding the Adhesive Landscape:

The adhesive landscape is considerable, and to navigate it successfully, it is crucial to recognize its details, from historic evolution to future forecasts.

Historical Context:

Adhesives aren’t a contemporary development. Old people utilized all-natural compounds like tree sap, beeswax, and tar as binding agents. Over centuries, this art evolved. The 20th century saw a major shift with the introduction of artificial adhesives. Modern adhesives are the end result of hundreds of years of advancement, from nature-based to laboratory-engineered products.

Advancements in Adhesive Technologies:

Nano-technology in Adhesives:

The mixture of nanotechnology has been advanced. Nanoparticles modify the adhesive’s physical properties, boosting its thermal security, peel strength, and even supplying conductivity. For example, adding silica nanoparticles to epoxy resins can dramatically enhance its mechanical strength.

Structural Adhesives:

These are employed where load-bearing joints are required. Developing from simple binding representatives, modern-day architectural adhesives, especially in fields like automotive and aerospace, are expected to bear significant weights and withstand environmental difficulties.

Economic Factors Impacting the Adhesive Sector:

Economic dynamics globally play a vital role in determining the health of the adhesive industry.

Global Economy: A booming global economy leads to increased manufacturing and construction activities, directly propelling the adhesive market.

Trade Relations: Open trade policies and cordial international relations can significantly boost the adhesive market, especially if manufacturing hubs are involved.

Regional Economic Health: Economic health in areas like the Asia-Pacific can have a disproportionate impact on the adhesive industry due to the concentration of manufacturing units.

Adhesive Manufacturing Process:

To genuinely appreciate the nuances of adhesive production, understanding its manufacturing process is pivotal.

Raw Material Procurement: Depending on the adhesive type, raw materials can range from natural substances like tamarind and guar gum to synthetic elements derived from petroleum.

Synthesis: Raw materials undergo chemical reactions to form adhesive substances. For instance, in the production of epoxy resins, epichlorohydrin reacts with bisphenol-A.

Formulation: Additives, fillers, and other ingredients are introduced to give the adhesive its final properties.

Packaging: The finished product is then packed, ready for distribution.

Regulatory Framework & Environmental Considerations:

The adhesive industry is governed by several regulations, especially due to environmental and health concerns.

Volatile Organic Compounds (VOCs): Many adhesives release VOCs, leading to air pollution. Regulations in many countries limit VOC emissions, pushing companies to develop low-VOC or VOC-free products.

Sustainable Production: Emphasis on sustainable manufacturing processes is leading to the adoption of green technologies in adhesive production.

Challenges in Adhesive Manufacturing:

While the adhesive sector is lucrative, it’s not without challenges.

Environmental Impact: Many adhesive manufacturing processes are non-environmentally friendly. Transitioning to greener methods requires R&D investments.

Raw Material Scarcity: With depleting natural resources, sourcing raw materials, especially for synthetic adhesives, might become challenging.

Importance of Branding & Marketing in the Adhesive Sector:

In a competitive market, branding and marketing become essential.

Branding: Strong branding ensures customer trust and loyalty. Many end-users rely on brand reputation when choosing adhesives, especially for critical applications.

Marketing: Effective marketing strategies ensure that the product reaches its target audience. Digital marketing, given its wide reach, has become particularly crucial.

Case Studies in Innovation:

Sustainable Adhesive Production:

Company: A U.S.-based adhesive manufacturer.

Challenge: Facing backlash for its high environmental footprint.

Solution: The Company shifted to a water-based adhesive manufacturing process, drastically reducing its carbon emissions. This move, apart from being environmentally beneficial, also became a significant marketing point, attracting environmentally-conscious clients.

Overcoming Raw Material Challenges:

Company: A startup in South America.

Challenge: High costs and scarcity of synthetic raw materials.

Solution: The startup turned to local resources, utilizing plant-based materials to produce adhesives. Not only did this bring down costs, but it also resulted in unique adhesive products that stood out in the market.

Emerging Markets & Future Potential:

Areas like Africa and parts of Southeast Asia, while currently not dominant players in the sticky industry, hold considerable possibility. Quick urbanization, paired with raising manufacturing tasks, makes these regions potential future hubs for the glue field. Moreover, with global emphasis on sustainability, there is large capacity in the development and marketing of eco-friendly adhesives. Firms that can innovate and generate environment-friendly adhesive solutions will likely dominate the future market.

Conclusion:

The sticky field, while currently large, is still advancing. It presents myriad chances for those going to innovate and adjust. With sustainability as the brand-new rule, there’s uncharted region waiting to be explored in environment-friendly sticky options.

[chemicalmarketwatch-sp]

Market Analysis: Adhesive Tapes Market Expected to Reach $110.6 Billion by 2028

Adhesive tapes, often viewed as an everyday convenience, play a crucial role in diverse industries, from construction and manufacturing to healthcare and electronics. This seemingly simple product boasts a complex global market worth billions, and its story is far from ordinary. Let's explore the Adhesive Tapes Market, examining its size, trends, growth, and exciting predictions for the future.

Industry Size: Sticking to Impressive Numbers

As of 2024, the global Adhesive Tapes Market was valued at USD 80.2 billion, and according to MarketsandMarkets, it's projected to reach USD 110.6 billion by 2028, witnessing a healthy CAGR of 5.6%. This impressive growth signifies the increasing reliance on these versatile bonding solutions across numerous sectors.

Market Trends: Innovation Takes Center Stage

Several key trends are shaping the Adhesive Tapes Market:

Technological Advancements: Continuous innovations are leading to tapes with enhanced functionalities, like higher temperature resistance, improved conductivity, and eco-friendly materials.

Sustainability Focus: Environmental concerns are driving the development of biodegradable and recyclable tapes, minimizing environmental impact.

Specialty Applications: Tapes are catering to niche applications in industries like medical devices, electronics, and aerospace, demanding high-performance characteristics.

E-commerce Boom: Growing online retail is fueling the demand for packaging tapes, creating opportunities for manufacturers.

Market Analysis: A Tapestry of Players and Products

The market comprises diverse players ranging from established global giants like 3M, Nitto Denko, and Avery Dennison to regional players and niche specialists. Tapes are segmented by:

Type: Single-sided, double-sided, transfer tapes, masking tapes, etc.

Material: Acrylic, rubber, silicone, paper, film, etc.

Application: Packaging, construction, automotive, healthcare, electronics, etc.

Market Demand: Where's the Stickiness Coming From?

Several factors are driving the demand for adhesive tapes:

Urbanization and Infrastructure Development: Growing infrastructure projects require high-performance tapes for construction and bonding.

Advancements in Healthcare: The healthcare industry utilizes specialized tapes for medical devices, wound care, and diagnostics, increasing demand.

Rise of Electronics: Miniaturization and complexity in electronics require sophisticated tapes for precise bonding and insulation.

Sustainability Concerns: Eco-friendly tapes cater to environmental awareness, creating a new market segment.

Market Growth: A Future Held Together by Innovation

With rising demand and continuous innovation, the Adhesive Tapes Market is poised for significant growth. Industry experts predict:

Expansion into Emerging Markets: Developing economies will witness increased demand for tapes due to infrastructure development and industrialization.

Growing Adoption in Specialty Applications: Tapes will cater to niche applications in areas like renewable energy and electric vehicles.

Focus on Smart Tapes: Tapes integrated with sensors and electronics will offer real-time monitoring and data collection capabilities.

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The Adhesive Tapes Market transcends its simplistic image, showcasing a dynamic and innovative landscape. With its diverse applications, constant advancements, and promising future, the market is poised to stick around for years to come, playing a vital role in various industries and shaping our everyday lives in ways we might not even realise.

[market-insider]

Pressure Sensitive Adhesive Tapes Industry: Investigating Market Forces, Competitive Strategies, and Emerging Opportunities

The global pressure sensitive adhesive tapes market size is expected to reach USD 92.45 billion by 2030, expanding at a CAGR of 4.9% from 2022 to 2030, according to a new study by Grand View Research, Inc.This growth can be attributed to the increasing use of pressure sensitive tapes as an optimum alternative to conventional adhesives and fasteners due to the globally rising concerns from the automotive industry to ensure light weighting.

Pressure Sensitive Adhesive Tapes Market Report Highlights

Packaging tapes accounted for the largest revenue share of over 45.0% in 2021 as they are majorly manufactured with plastic as a backing material owing to its easier tearing ability and superior flexibility

The construction segment held a significant revenue share in 2021 owing to robust and durable properties acquired from stronger backing materials

The market demand was boosted owing to the global outbreak of the COVID pandemic in 2020. Consumer shopping trends have switched to online delivery portals for groceries, medicines, and takeaways. This further contributed to the increasing market demand for pressure sensitive adhesive packaging tapes in the global market

The market consists of several global and regional players providing a diversified range of products, thus leading to high competition in the industry. Strategies followed by key players include mergers & acquisitions and vertical integration to gain a competitive edge in the market

Asia Pacific is estimated to register the fastest CAGR from 2022 to 2030 in terms of revenue owing to increasing urban population and rising construction projects

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A surge in the global population coupled with expeditious industrialization and urbanization in the transpiring economies is expected to fuel the construction spending to cater to the demand from the infrastructure sector. This is anticipated to propel the demand for pressure sensitive adhesive tapes in construction applications during the forecast period.

These include specialty tapes used in various applications such as automobile, aerospace, medical, hygiene, and white goods. The raw materials involved in manufacturing this kind of tape include rubber, acrylic, silicone, plastic, and paper. Pressure sensitive adhesive tapes possess various desirable properties such as thinner and lighter material, vibration dampening, noise reduction, and bonding dissimilar surfaces.

Automobile manufacturers are looking for ways to reduce vehicle weight to meet stringent fuel efficiency standards. The use of steel, aluminum, and composites in auto parts bring new bonding challenge for manufacturers. The bonding of these dissimilar materials requires high modulus and a wide temperature range, along with high strength and final curing. Additionally, these tapes are easy to use, hence reducing the effectiveness of traditional bonding methods such as welds and rivets in the vehicle.

There is an increase in demand for pressure sensitive adhesive tapes from the automotive industry for sealing and bonding roof trims and cladding, covering mirror mounting and assembling holes, and carrying out interior placement and enhancement in automobiles. They are also used in electric vehicle batteries owing to their excellent electrical resistance. Pressure sensitive adhesive tapes help improve the speed of the automobile, along with offering better performance in assembly lines than other fastening alternatives.

Pressure sensitive adhesive tapes are more efficient to lower the costs involved when compared to alternative fastening methods. In addition, they are more customizable and require no special tools or any heat, water, and solvent to activate their adherence. Pressure sensitive adhesive sheets allow original equipment manufacturers (OEMs) and automotive converters to manufacture a slimmer vehicle with better long-term reliability. Compared to conventional fasteners, screws, and other components, pressure sensitive adhesive tapes offer good cohesive strength, the ability to be manipulated by hand, wetting, and bond strength that increases with time.

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[pearlsmith25]

Pressure Sensitive Adhesives Market Growth: Trends and Opportunities

Pressure Sensitive Adhesives Market: Driving the Bond for Innovation and Growth

Pressure-sensitive adhesives (PSAs) are a class of adhesives that form a bond when pressure is applied to join two surfaces. These versatile adhesives are integral to various industries and have experienced significant growth in recent years. The Pressure Sensitive Adhesives Market has witnessed remarkable developments, driven by advancements in technology, changes in consumer preferences, and increasing demand across diverse sectors. In this comprehensive analysis, we will delve into the key factors shaping the pressure-sensitive adhesives market, its applications, trends, and future prospects.

Market Overview

The pressure-sensitive adhesives market has undergone substantial expansion in recent years, with a compound annual growth rate (CAGR) exceeding 4% over the past decade. The market is expected to continue its growth trajectory in the coming years, driven by several factors.

Key Drivers

Increasing Demand in Packaging Industry: The packaging industry is a major consumer of pressure-sensitive adhesives. With the rise in e-commerce and online shopping, the demand for innovative packaging solutions has surged. Pressure-sensitive adhesives are preferred for their ease of use and versatility in packaging applications.

Automotive Sector Growth: The automotive industry has seen a growing need for pressure-sensitive adhesives in applications like interior trim, exterior parts, and safety-related components. These adhesives contribute to weight reduction and improved aesthetics.

Electronics and Electrical Equipment: As electronic devices become smaller and more complex, the demand for miniaturized components and adhesive solutions that provide reliable bonding without damaging sensitive electronics has increased.

Healthcare and Medical Devices: The healthcare sector relies on pressure-sensitive adhesives for applications such as medical tapes, wound care products, and wearable medical devices. With the aging global population, the demand for these products is on the rise.

Sustainability and Environmental Concerns: Pressure-sensitive adhesives are increasingly chosen for their eco-friendly properties. Manufacturers are focusing on developing bio-based and recyclable PSA formulations to meet the growing demand for sustainable adhesive solutions.

Market Challenges

While the pressure-sensitive adhesives market holds immense promise, it also faces certain challenges:

Price Volatility: Fluctuations in raw material prices, especially petroleum-based feedstocks, can impact the cost of producing pressure-sensitive adhesives, affecting profit margins.

Regulatory Compliance: Stringent environmental regulations and health standards require adhesive manufacturers to invest in research and development to meet compliance requirements, which can be costly and time-consuming.

Intense Competition: The pressure-sensitive adhesives market is highly competitive, with several established and emerging players vying for market share. This competition can lead to pricing pressures.

Market Segmentation

The pressure-sensitive adhesives market can be segmented based on several factors:

By Product Type:

Acrylic PSA Rubber PSA Silicone PSA Others

By Application:

Packaging Automotive Electronics Healthcare Construction Others

By Region:

North America Europe Asia-Pacific Latin America Middle East and Africa

Market Trends

Several notable trends are shaping the pressure-sensitive adhesives market demand:

Smart Labels and Packaging: The integration of smart technology into labels and packaging has created a demand for pressure-sensitive adhesives that can adhere to a wide range of surfaces and withstand various environmental conditions.

Customization and Specialty Formulations: Customers are seeking customized adhesive solutions to meet specific application requirements. This has led to the development of specialty formulations tailored to unique needs.

Digital Printing: The growth of digital printing has influenced the choice of pressure-sensitive adhesives, with adhesives that cater to digital printing technology gaining popularity.

Sustainability Initiatives: Adhesive manufacturers are increasingly investing in sustainable product lines, including bio-based adhesives and recycling programs.

Mergers and Acquisitions: Consolidation within the industry is common, with larger companies acquiring smaller players to expand their product portfolios and global reach.

Future Outlook

The pressure-sensitive adhesives market is poised for continued growth. As industries evolve and innovate, the demand for these versatile adhesives is expected to rise. Advancements in formulation technology, sustainability efforts, and expanding applications will likely fuel the market's expansion.

In conclusion, the pressure-sensitive adhesives market plays a vital role in various industries, from packaging to electronics and healthcare. While it faces challenges such as price volatility and regulatory compliance, the market's growth prospects are strong, driven by evolving consumer preferences and the need for innovative adhesive solutions. As the world continues to change, pressure-sensitive adhesives will remain a crucial component in bonding materials, products, and innovations together.

[delvenservices]

Adhesive Cloth Tapes Market Trends & Forecast: 2028

Global Adhesive Cloth Tapes market is anticipated to reach USD 60.7 billion in 2021 growing at a CAGR of ii 5.9% during the forecasting period, 2021–2028.

Adhesive cloth tapes is a class of adhesive tapes that have a cloth back. These can be easily available at hardware and software stores and serve various purposes of sealing walls, electrical, plumbing tasks, and bandage and are also used for adhering fibres. These tapes also increase tensile strength and geometric adaptability of the products. The best of the adhesive cloth tapes is black gorilla tape.

With an improvised healthcare system along with rise in middle class population are some of the factors that have supported long-term expansion for Adhesive Cloth Tapes industry.

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Key Findings of the Research Report

Global Adhesive Cloth Tapes market is segmented into Resin Type, Backing Material, Technology, End-Use Industry and geography.

Resin Type segment is segmented into Acrylic, Rubber, and Silicone

Backing Material segment is segmented into PP, Paper, and PVC

Technology segment is segmented into Solvent, Hot-Melt, and Water Based

End-User Industry segment is segmented into Packaging, Healthcare, E&E, Automotive

Regionally:

Geographically, global Adhesive Cloth Tapes market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

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Competitive Landscape

Key players in global Adhesive Cloth Tapes market are 

3M Company (US), 

tesa SE (Germany), 

Nitto Denko Corporation (Japan), 

Lintec Corporation (Japan), 

Intertape Polymer Group (Canada), 

Avery Dennison Corporation (US), 

Lohmann GmbH (Germany), 

Berry Global Inc. (US), 

Scapa Group PLC (Canada), and 

Rogers Corporation (US) 

Reasons to Acquire the Report:

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors

Gain authentic and granular data access for Adhesive Cloth Tapes market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

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The Adhesive Cloth Tapes Market report answers a number of crucial questions, including:

Which companies dominate the Adhesive Cloth Tapes Market?

What current trends will influence the market over the next few years?

What are the market’s opportunities, obstacles, and driving forces?

What predictions for the future can help with strategic decision-making?

What advantages does market research offer businesses?

Which particular market segments should industry players focus on in order to take advantage of the most recent technical advancements?

What is the anticipated growth rate for the market economy globally?

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[marketrendsposts]

The UV Adhesives market size is estimated to reach US$1.8 billion by 2027 after growing at a CAGR of 10.8% during the forecast period 2022-2027. UV or ultraviolet adhesives based on epoxy, acrylic, or silicone resins uses light or radiation to initiate permanent bonding without heating. The adhesives have rich features such as rapid curing, high-quality bondage, less waste creation and high durability which is boosting their market demand. High bonding stability provided by UV adhesives is fuelling its demand in various end-use industries such as automotive, medical, electronic and building & construction for various applications such as metal, glass, plastic and rubber. Factors such as growing cases of chronic disease, flourishing automotive production and fuelling construction activities are driving the growth of the UV adhesives market. However, the growing cost of raw materials can hamper the growth of the UV adhesives industry. The UV adhesives market size contracted in 2020 due to the COVID-19 pandemic as the lockdown restrictions decreased the demand for UV adhesives in sectors such as automotive and building & construction. However, with a steady recovery, the demand for UV adhesives is anticipated to increase in these sectors, thereby positively impacting the UV adhesives industry outlook during the forecast period.

[alliedcreation]

Mouthguard Market Soars to $369.9 million by 2030, New Study Reveals Size and Share Projections

 “Mouthguard Market by Type, Material, and Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021–2030,”

The global mouthguard market size was valued at $189.4 million in 2020, and is projected to reach $369.9 million by 2030, registering a CAGR of 6.6% from 2021 to 2030. In 2020, the boil and bite mouthguard segment accounted for the highest share in the market. These types of mouthguard are usually made from ethylene-vinyl acetate (EVA). This device is thermoplastic rim, which is heated in hot water and then placed in the mouth to be adapted to the teeth by biting down. However, it is often bulky, and does not retain its shape over time.

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Increased popularity of sports, namely, basketball, hockey, football, and boxing and the corresponding youth participation in such sports drives the market. Moreover, rise in consumer spending on mouthguard is observed in developed economies such as the U.S. As per the statistics, consumer spending on mouthguard has increased from $66 million to $84 million from 2010 to 2014 in the U.S., which has further supported the mouthguard market growth.

Rise in participation in sports activities, growth in consumer spending on mouthguard, increase in health consciousness among consumers, prominence of national & international sports events are the mouthguard market trends which is likely to foster the growth of mouthguard industry. However, availability of cheap and counterfeit products restrains the market growth. Increase in penetration of online retail is expected to offer lucrative mouthguard market demand over the forecast period.

According to the mouthguard market analysis, the market is segmented on the basis of type, material, sales channel, and region. By type, it is divided into stock mouthguard, boil and bite mouthguard, and custom-fitted mouthguard. On the basis of material, the market is split into vinyl resins, natural rubber, acrylic resins, and polyethylene-polyvinylacetate copolymer. Based on sales channel, the market is segmented into specialty retail stores, multi-retail stores, and online stores & others. The market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Based on type, the boil and bite mouthguard segment held the major share in the market and is expected to remain dominant throughout the forecast period. These types of mouthguard are sold at sporting goods stores, inexpensive and offer a better fit than stock mouthguard.

Based on material, the polyethylene-polyvinylacetate copolymer material segment gain a major traction in the market. The material have an optimal consistency, energy absorption, and strength in order to cushion the traumatic impact.

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Based on sales channel, the specialty retail stores segment generated the highest revenue in 2020, since it is a traditional channel for the purchase of sports products, and is expected to grow at a CAGR of 6.3%. Online retail stores & others is expected to witness relatively higher growth owing to the extensive penetration of smartphones and tablets, and the increased convenience offered by this channel to choose from a variety of products.

North America accounted for over 38% of the mouthguard market share, and is anticipated to maintain its dominance throughout the forecast period. Mouthguard market analysis has been provided for all the four regions covered in the report. Countries analyzed under the North American geographical segment are the U.S., Canada, and Mexico. Under Europe, market size and forecast are provided for the UK, Germany, France, Italy, Spain, Russia and rest of Europe.

Prevalence of sports culture and high per capita income has led to higher adoption of sports protective equipment such as mouthguard in North America and Western Europe. Countries covered in Asia-Pacific include Japan, China, Australia, India, South Korea, Thailand, Srilanka, and rest of Asia-Pacific. Japan, China, and Australia are the leading markets for mouthguard in the region. LAMEA includes Brazil, Argentina, UAE, Nigeria, South Africa, Turkey, Saudi Arabia, and rest of LAMEA.

The key players profiled in this report include Battle Sports Science, Brain Pad, Inc, Decathlon S.A, MaxxMMA International CO., Limited, Mogo Sport, NIKE, INC, OPRO, Shock Doctor, Sisu Guard, and Venum Predator.

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Key Findings Of The Study

By type, the boil and bite mouthguard segment held the highest share, accounting for 45.5% of the global mouthguard market. Based on material, the polyethylene-polyvinylacetate copolymer segment held the major share of 60.8% of the market. Region wise, North America held the major share in the market, and is expected to remain dominant throughout the forecast period.

[manojbh]

Automotive Adhesive Tape Market – Industry Trends, Key Highlights, size,share

The reliable Automotive Adhesive Tape market research study presents actionable market insights with which sustainable and money-spinning business strategies can be created. Here, market segmentation is performed in detail based on various parameters that include applications, verticals, deployment model, end user, and geography. All the information, facts, and statistics covered in the report lead to actionable ideas, improved decision-making and better deciding business strategies. The business report assists define, describe and forecast the market by type, application and region. With the complete comprehension of business goals and needs to bridge the gap, Automotive Adhesive Tape report is generated which delivers the most suitable solutions.

Furthermore, Automotive Adhesive Tape market report provides superior market perspective in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. The report comprises of estimations of CAGR values which are quite significant and aids businesses to decide upon the investment value over the time period. The market study in this reliable market report also analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors by keeping SWOT analysis and Porter's Five Forces Analysis as a base. An insightful Automotive Adhesive Tape market report assists clients to stay ahead of the time and competition.

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Global Automotive Adhesive Tape Market Scope

The automotive adhesive tape market is segmented on the basis of product, material type, adhesive type, adhesive chemistry, technology and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

·         Double-Sided Tapes

·         Masking Tapes

·         Reinforced Tapes

·         Specialty Tapes

Material Type

·         Polypropylene

·         Polyvinylchloride

·         Paper

·         Others

Adhesive Type

·         Acrylic

·         Silicone

·         Rubber

·         Others

Adhesive Chemistry

·         Solvent

·         Emulsion

Technology

·         Water-Based

·         Solvent-Based

·         Hot-Melt-Based

Application

·         Interior

·         Exterior

·         Electronics

·         Body-in-White

·         Powertrains

·         Wire Harnessing

·         Chassis and Wheels

·         Others

Automotive Adhesive Tape Market Share Analysis

The automotive adhesive tape market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive adhesive tape market.

Some of the major players operating in the automotive adhesive tape market are

·         Rogers Corporation (U.S.)

·         LINTEC Corporation (Japan)

·         NITTO DENKO CORPORATION (Japan)

·         Adhesives Research, Inc. (U.S.)

·         Advance Tapes International (UK)

·         Dow (U.S.)

·         Ajit Industries Pvt. Ltd. (India)

·         The Chemours Company (U.S.)

·         3M (U.S.), H.B. Fuller Company (U.S.)

·         RPM International Inc. (U.S.)

·         Henkel AG & Co. KGaA (Germany)

·         Dupont (U.S.)

·         SOLVAY (Belgium)

·         American Biltrite (U.S.)

·         Berry Global Inc. (U.S.)

·         CCT (Coating & Converting Technologies, LLC) (U.S.)

·         DAIKIN (Japan)

·         Lohmann GmbH & Co. Kg (Germany)

·         Saint-Gobain (France)

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Automotive Adhesive Tape Market Regional Analysis/Insights

The automotive adhesive tape market is analyzed and market size insights and trends are provided by country, product, material type, adhesive type, adhesive chemistry, technology and application as referenced above.

The countries covered in the automotive adhesive tape market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the automotive adhesive tape market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the rising urban population and accessibility of low labor at cheap cost.

Europe, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the growing usage of adhesive tapes across several countries and rising development of lightweight and more effective vehicle within the region.

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Adhesives Market | Global Industry Size, Share, Growth, Analysis and Forecast

 

According to ChemAnalyst report, “Global Adhesives Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, global Adhesives market grew at an impressive CAGR of 5.0% in historic period and is anticipated to witness a healthy growth during the forecast period. As the demand of Adhesives is rapidly increasing in versatile sectors including automotive, packaging and consumer goods, construction, furniture and others due to the increased consumption of long-term bonding agents backed by sustainable industrialization is likely to propel the Adhesives market in upcoming years. The demand for adhesives that have high structural strength and is resistant to both severe environmental conditions and fatigue leads to the development of high-performance materials, which is further used in numerous industrial and domestic applications. The production and demand of Adhesives is highly associated with safety standards on environment as well as human health which further enhances the compliance standards.

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The substances that are capable of holding different materials together by a bond that resists separation are called Adhesives. They are also known as glue, mucilage, cement or paste that forms an adhesive bond and are used in various industries including paint, leather, textile, carpentry and others. Adhesives are usually made from the combination of PVA (Polyvinyl Acetate) along with acetone, water, ethanol and other substances. The most widely used Adhesives are Polyvinyl Acetates that are further used for the production of Polyvinyl alcohol, another adhesive widely utilized for binding paper and its products. Acrylics are the second most consumed Adhesive type across various end-use industries such as furniture, medical devices, and packaging due to the properties such as acid & solvent resistance and fast curing. Structural Acrylic Adhesives are highly suitable for the bonding of most plastics, oily metal surfaces, steel and aluminum. The properties of Acrylic Adhesives of being Fast and easy to apply, enables efficient bonding that can replace metal fasteners for both static and dynamic loads.  

Water based adhesives are usually preferred over solvent based adhesives due to environmental and health related risks despite improved bonding characteristics. Increasing adoption of water-based adhesives due to low VOC (Volatile Organic Compound) emissions would drive the market growth of Adhesives in upcoming years. In the US, The Environmental Protection Agency mandated the compliance to VOC regulations by the adhesives and sealants sector, which enhanced the use of water-based adhesives, that further positively impacted its market share in the Adhesives market worldwide. Water-based adhesives are highly suitable for tape, packaging and labelling applications due to their strong demand in the global market.

With emerging technologies and growing demand of Adhesives, many key players are expanding their businesses in order to draw new ideas and innovations to introduce advanced Adhesives for consumers. Many players are merging with new companies to strengthen their R&D department and improve the market footprint in order to increase the product portfolio. Major players such as H.B. Fuller Company has acquired Royal Adhesives & Sealants to increase the company’s portfolio to serve more downstream sectors such as chemical and building material. As the lightweight designs are evolving in the automotive industry, the demand for lighter adhesives for bonding dissimilar materials (metallic or non-metallic) is also increasing. Surging demand for epoxy and rubber based structural adhesives and an attractive cost-effective ratio is making the automotive and transportation sector the key consumers of adhesives.  Moreover, increased use of PU-based adhesives in the vehicle assembly for joining the components in automobiles would further support the market growth in upcoming years. The construction industry also contributes an important part within the sales market for Adhesives because the global demand is driven by the rising demand for wall and floor coverings, building refurbishment, maintenance, components like panels and for thermal insulation.

In 2020, due to the outbreak of COVID-19, the Adhesives market was significantly impacted during the pandemic which led to almost double-digit decline in the macroeconomic factors of Adhesives industries across the world. Gradual slowdown in the automotive industry and shutting down of several other consuming sectors, the global Adhesives industry faced the double whammy due to lack of construction and industrial operations.  

Region wise, APAC region holds the largest share of Adhesives market worldwide due to the rising demand of adhesives in manufacturing sector in countries including China and India. Cheap labour and favourable government policies would further accelerate the production facilities in countries like China, Vietnam, India and Thailand.

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According to ChemAnalyst report, Global Adhesives Market: Plant Capacity, Production, Operating Efficiency, Demand & Supply, Application, End Use, Distribution Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, some of the major players operating in global Adhesives market include Henkel AG & Co. KGaA, 3M, DuPont de Nemours Inc., Sika AG, Arkema, Bostik S.A., Evonik Industries AG, Huntsman International LLC, Illinois Tool Works Inc., Akzo Nobel N.V. and Others.

“Being linked to the downstream applications in automotive, construction, paint and other industries, the global Adhesives Industry has shown significant growth along with increased macro-economic factors and changing demand from the consumer. It is expected that India will come in top 5 world largest consumer markets in the upcoming years. In addition, growing per capita income in various Countries poised a stronger outlook to the country’s Adhesives demand. The government restrictions due to the corona virus pandemic affected the global supply chain logistics and caused immediate shortage of various chemicals hence increased the prices of Adhesives Meanwhile, China serves as the key growth region as well with sufficiently installed capacities and emerging technologies. With new competitors emerging across the Asian Adhesives market, it is extremely important to keep a focus on which region is going to grab the biggest market share during the forecast period.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

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Evaluating the Current & Future Scope of the Textile Coatings Market (2021-2031)

The global textile coatings market is projected to reach a market value of USD 14.2 billion by 2031, growing at a CAGR of 5.2% during the forecast period (2021–2031). The major drivers of the market include increasing demand from the automotive and transportation sector, growing demand for textile coatings from the apparel and footwear industry, and the growing consumer preference for apparel with superior properties.

Textile coatings are materials applied as a thin layer over the surface of a fabric or textile to improve its properties. These coatings can be applied to fabrics to impart water resistance, flame retardant, UV protection, and other properties. The major application sectors for textile coatings are automotive and transportation, apparel and footwear, and home furnishing.

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The automotive and transportation sector is the largest consumer of textile coatings. This is mainly due to the growing demand for automotive interiors with superior properties. Textile coatings are used to provide automotive interiors with flame retardant, water resistance, and UV protection properties.

In terms of region, Asia-Pacific is the largest consumer of textile coatings due to the increasing demand from the automotive and transportation sector in countries such as India and China. The growing consumer preference for apparel and footwear with superior properties is also driving the demand for textile coatings in the region.

The major players operating in the textile coatings market are –

BASF SE

Clariant AG

Covestro AG

Du Pont

Huntsman International LLC

Omnova Solutions Inc.

Solvay SA

Sumitomo Chemical Co. Ltd.

Tanatex Chemicals B.V.

The Lubrizol Corporation

Competitive Landscape –

AkzoNobel N.V. is a leading supplier of textile coatings. The company offers a wide range of products including acrylics, polyurethanes, epoxies, and vinyls. The company also provides tailor-made products for specific requirements.

BASF SE is a leading supplier of textile coatings. The company offers a wide range of products including acrylics, polyurethanes, epoxies, and vinyls. The company also provides tailor-made products for specific requirements.

The Dow Chemical Company is a leading supplier of textile coatings. The company offers a wide range of products including acrylics, polyurethanes, epoxies, and vinyls. The company also provides tailor-made products for specific requirements.

Huntsman Corporation is a leading supplier of textile coatings. The company offers a wide range of products including acrylics, polyurethanes, epoxies, and vinyls. The company also provides tailor-made products for specific requirements.

Key Segments Covered

By Technology

Dot Textile Coating Technology

Full Surface Textile Coating Technology

By Raw Material

Thermoplastic Textile Coatings

Polyvinyl Chloride (PVC) Textile Coatings

Polyurethane (PU) Textile Coatings

Acrylic Textile Coatings

Other Thermoplastic Textile Coatings

Polyolefins

Nylon

Thermoset Textile Coatings

Styrene Butadiene Rubber (SBR) Textile Coatings

Natural Rubber Textile Coatings

Other Thermoset Textile Coatings

Nitrile Rubber

Butyl Rubber

Other Textile Coatings

Silicone

Fluoropolymers

By End Use

Geotextiles

Upholstery Fabric

Industrial Clothing

Sports & Leisure

Medical Hygiene Products

Other End Uses

By Region

North America

Europe

East Asia

South Asia

Oceania

Latin America

Middle East & Africa

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