Double-sided Tape Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Double-sided Tape Market Analysis
The double-sided tape market is expected to witness a CAGR of more than 6%, globally, during the forecast period.
The rising number of buildings and growing need for weather resistance in indoor and outdoor materials are driving the market growth.
Extreme high-temperature complexity in the integration of buildings may cause the adhesive to melt and lose its strength, which is expected to hinder the market growth.
Double-sided Tape Market Trends
This section covers the major market trends shaping the Double-sided Tape Market according to our research experts:
Growing Demand for Indoor and Outdoor Building Applications
- The demand for double-sided tapes has been increasing. It is used for decorating, mounting posters and heavy paintings on walls, clocks, for sticking pieces of wood together, and sound dampening in interiors.
- Double-sided tapes are used on floor surfaces because of having an outstanding shear resistance. These are used for floor carpet, in order to ensure that carpets stay in place.
- The demand for carpet has been rising from colder regions, such as North America, Canada, European countries, and other Asian regions, because of its insulation properties.
- Rising technologies in the construction sector, to control the inner room temperatures and growing environmental changes, are the primary reasons to increase the demand for carpets.
- In construction applications, double-sided tapes are used for corrosion resistance in material damages and keep the material surfaces smooth and clean, along with providing sealing function protection against environmental elements. Due to these properties, the construction industry has been increasingly using it for outdoor and indoor applications.
- Double-sided tapes can also be used on different building surfaces, such as metal, glass, paper, stainless steel, polycarbonate, to attach one to one or other materials.
Asia-Pacific to Dominate the Market
- Asia-Pacific is expected to dominate the global market, owing to the highly developed construction sector in China, coupled with the continuous investments done in the region, to develop the architectural sector in recent years.
- The growing construction industry, due to population increase and rise in middle-class incomes in Asia-Pacific, has supported the demand for architectural structures in recent times. The residential construction sector in China, India, and Singapore has witnessed considerable growth since the past few years.
- According to Singapore's Ministry of Trade and Industry (MTI), the construction industry witnessed a 2.5% growth in 2019, as compared to the previous year. Such factors are increasing the usage of double-sided tapes in Asia-Pacific.
- The demand for double-sided tape is increasing from the largest markets of Asia-Pacific, such as the automotive and electronics sectors.
- Recently, manufacturers have started using double-sided tapes in motherboards, cameras, internal parts, and dashboards in cars at a higher rate.
- Moreover, the growing demand for high strength tapes in these sectors is significant, because of their adhesive properties, such as insulation, indoor designing, signage, in-mobile cameras, medical purposes, in-home appliances, and bonding heavy objects. Therefore, these properties are expected to drive the market for double-sided tape in Asia-Pacific, in the future.
Double-sided Tape Industry Overview
The global double-sided tape market is fragmented in nature, with many players competing in the market. Some of the major companies are Tesa SE, 3M, Lintec Corporation, Lohmann GmbH & Co. Kg, and Guangzhou Broadya Adhesive Products Co. Ltd, among others.
Double-sided Tape Market Leaders
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Tesa SE
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3M
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Lohmann GmbH & Co. Kg
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Lintec Corporation
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Guangzhou Broadya Adhesive Products Co. Ltd
*Disclaimer: Major Players sorted in no particular order
Double-sided Tape Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
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4.1 Drivers
- 4.1.1 Increasing Applications in Building Indoors and Outdoors
- 4.1.2 Growing Demand from the Automotive Industry
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4.2 Restraints
- 4.2.1 Less Temperature Resistance
- 4.2.2 Other Restriants
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By End-user Industry
- 5.1.1 Automotive
- 5.1.2 Construction
- 5.1.3 Electronics
- 5.1.4 Other End-user Industries
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5.2 By Geography
- 5.2.1 Asia-Pacific
- 5.2.1.1 China
- 5.2.1.2 India
- 5.2.1.3 Japan
- 5.2.1.4 South Korea
- 5.2.1.5 Rest of Asia-Pacific
- 5.2.2 North America
- 5.2.2.1 United States
- 5.2.2.2 Canada
- 5.2.2.3 Mexico
- 5.2.3 Europe
- 5.2.3.1 Germany
- 5.2.3.2 United Kingdom
- 5.2.3.3 France
- 5.2.3.4 Italy
- 5.2.3.5 Rest of Europe
- 5.2.4 South America
- 5.2.4.1 Brazil
- 5.2.4.2 Argentina
- 5.2.4.3 Rest of South America
- 5.2.5 Middle-East and Africa
- 5.2.5.1 Saudi Arabia
- 5.2.5.2 South Africa
- 5.2.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share (%)/Ranking Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 3M
- 6.4.2 Adchem Corporation
- 6.4.3 Advance Tapes International
- 6.4.4 Bostik Limited
- 6.4.5 Guangzhou Broadya Adhesive Products Co.
- 6.4.6 Haixiang Adhesive Products Co. Ltd
- 6.4.7 Lintec Corporation
- 6.4.8 Lohmann GmbH & Co. Kg
- 6.4.9 Scapa Group PLC
- 6.4.10 Tesa SE
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Increasing Demand for High Strength Tapes
- 7.2 Other Opportunities
Double-sided Tape Industry Segmentation
The double-sided tape market report includes:
| By End-user Industry | Automotive | |
| Construction | ||
| Electronics | ||
| Other End-user Industries | ||
| By Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| By Geography | Europe | Germany |
| United Kingdom | ||
| France | ||
| Italy | ||
| Rest of Europe | ||
| By Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| By Geography | Middle-East and Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East and Africa |
Double-sided Tape Market Research FAQs
What is the current Double-sided Tape Market size?
The Double-sided Tape Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in Double-sided Tape Market?
Tesa SE , 3M, Lohmann GmbH & Co. Kg , Lintec Corporation and Guangzhou Broadya Adhesive Products Co. Ltd are the major companies operating in the Double-sided Tape Market.
Which is the fastest growing region in Double-sided Tape Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Double-sided Tape Market?
In 2024, the North America accounts for the largest market share in Double-sided Tape Market.
What years does this Double-sided Tape Market cover?
The report covers the Double-sided Tape Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Double-sided Tape Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Double-sided Tape Industry Report
Statistics for the 2024 Double-sided Tape market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Double-sided Tape analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
