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Asia Pacific Adhesive Tapes Market

2021

Chemicals and Materials Asia Pacific Adhesive Tapes Market ...

Asia Pacific Adhesive Tapes Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Resin Type (Acrylic, Rubber, Silicone, and Others), Technology (Water-Based Adhesive Tapes, Solvent-Based Adhesive Tapes, and Hot-Melt- Based Adhesive Tapes), Tape Backing Material (Polypropylene (PP), Paper, Polyvinyl Chloride (PVC), and Others), and Application (Packaging, Healthcare, Automotive, Electrical and Electronics, Building and Construction, and Others)

Publication Month: Nov 2021 | Report Code: TIPRE00025713 | No. of Pages: 152 | Category: Chemicals and Materials | Status: Published

Market Insights

Asia Pacific Adhesive Tapes Market to Grow at a CAGR of 5.3% to reach US$ 42,688.91 million from 2021 to 2028

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The APAC adhesive tapes market is expected to grow from US$ 29,726.71 million in 2021 to US$ 42,688.91 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.

China, India, Japan, South Korea, and Australia are major economies in APAC. Growing use of adhesive tape in place of mechanical fasteners is expected to fuel the market growth. Using adhesive tape instead of mechanical fasteners can change many product design areas and manufacturing efficiency. Screws, bolts, clips, rivets, and other mechanical fastening systems are quickly replaced by adhesive tapes due to their design and assembly advantages. Mechanical fasteners are considered the strongest and reliable joining methods. However, connecting different surfaces is a challenge because the material may tear due to tensile stress under high pressure. Therefore, it lacks reliability and long-term responsibility. These tapes eliminate the challenges related to traditional fastening systems and extend the life of a product. In addition, it eliminates rust and corrosion, lowers noise and vibration, reduces manufacturing and assembly time, and improves product design. These benefits significantly help improve efficiency and performance in various applications packaging, healthcare, automotive, electrical and electronics, building and construction, and others while reducing production and material costs. Further, many companies are manufacturing adhesive tapes for replacing mechanical fasteners. For instance, 3M has a range of VHB and Vhpb high-performance adhesive tapes, which consist of a durable acrylic adhesive with viscoelasticity. The company provides an exceptionally strong double-sided foam tape that can be adhered to a variety of substrates, such as stainless steel, aluminum, galvanized steel, composites, plastics, acrylic, polycarbonate, ABS, and painted or sealed wood and concrete. The tapes are widely used in applications across various markets, such as transportation, electrical appliances, electronics, construction, and signs and displays, as well as in general industries. 3M VHB Tape GPH060GF is a permanent adhesive solution that can replace traditional mechanical fasteners and liquid adhesives in demanding high-temperature applications. Its acrylic foam core provides a good balance between strength and adaptability. The tape has excellent temperature resistance and is very suitable for powder coating or liquid coating processes that undergo thermal baking cycles. Thus, the replacement of mechanical fasteners with adhesive tape would create lucrative opportunities for the APAC adhesive tapes market players during the forecast period.

Countries in APAC, especially India, are highly affected due to the COVID-19 outbreak. The outbreak pandemic is causing a significant economic loss in the region. The consequence and impact can be even worse and totally depends on the spread of the virus. The governments of various APAC countries are taking possible steps to restrict the spread of the virus by announcing lockdown, which, in turn, is restraining the revenue generated by the adhesive tapes market. The market has been impacted by the COVID-19 pandemic in a variety of ways. Several industries across the region have experienced sharp declines. In contrast, the healthcare industry has expanded since the outbreak due to high demand for PPE kits and medical equipment. With the economy on the mend, several industrial sectors and economies are strategically planning to invest in the healthcare sector. This is anticipated to fuel the adhesive tape market growth across the region during the forecast period.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC adhesive tapes market. The APAC adhesive tapes market is expected to grow at a good CAGR during the forecast period.
APAC adhesive tapes market

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APAC Adhesive Tapes Market Segmentation

APAC Adhesive Tapes Market – By Resin Type

  • Acrylic
  • Rubber
  • Silicone
  • Others

APAC Adhesive Tapes Market – By Technology

  • Water-Based Adhesive Tapes
  • Solvent-Based Adhesive Tapes
  • Hot-Melt- Based Adhesive Tapes

APAC Adhesive Tapes Market – By Tape Backing Material

  • Polypropylene (PP)
  • Paper
  • Polyvinyl Chloride (PVC)
  • Others

APAC Adhesive Tapes Market – ByApplication

  • Packaging
  • Healthcare
  • Automotive
  • Electrical and Electronics
  • Building and Construction
  • Others

APAC Adhesive Tapes Market, by Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

APAC Adhesive Tapes Market - Companies Mentioned

  • 3M
  • Avery Dennison Corporation
  • Berry Global Inc.
  • Intertape Polymer Group
  • LINTEC Corporation
  • Lohmann GmbH & Co.KG
  • Nitto Denko Corporation
  • Rogers Corporation
  • Scapa
  • tesa SE

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. APAC Adhesive Tapes Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Bargaining Power of Suppliers

4.2.2 Bargaining Power of Buyers

4.2.3 Threat of Substitutes

4.2.4 Threat of New Entrants

4.2.5 Intensity of Competitive Rivalry

4.3 Expert Opinion

4.4 Ecosystem Analysis

5. APAC Adhesive Tapes Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Broad Range of Applications of Adhesive Tapes

5.1.2 Escalating Demand for Adhesive Tapes from Automotive Industry

5.2 Market Restraints

5.2.1 Changes in Raw Material Prices

5.3 Market Opportunities

5.3.1 Growing Use of Adhesive Tape in Place of Mechanical Fasteners

5.4 Future Trends

5.4.1 Surging Adoption of Electric Vehicles

5.5 Impact Analysis of Drivers and Restraints

6. Adhesive Tapes Market – APAC Analysis

6.1 APAC Adhesive Tapes Market Overview

6.2 APAC Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

7. APAC Adhesive Tapes Market Analysis – By Resin Type

7.1 Overview

7.2 APAC Adhesive Tapes Market, By Resin Type (2020 and 2028)

7.3 Acrylic

7.3.1 Overview

7.3.2 Acrylic: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

7.4 Rubber

7.4.1 Overview

7.4.2 Rubber: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

7.5 Silicone

7.5.1 Overview

7.5.2 Silicone: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

7.6 Others

7.6.1 Overview

7.6.2 Others : Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

8. APAC Adhesive Tapes Market Analysis – By Technology

8.1 Overview

8.2 APAC Adhesive Tapes Market, By Technology (2020 and 2028)

8.3 Water-Based Adhesive Tapes

8.3.1 Overview

8.3.2 Water-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

8.4 Solvent-Based Adhesive Tapes

8.4.1 Overview

8.4.2 Solvent-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

8.5 Hot-Melt-Based Adhesive Tapes

8.5.1 Overview

8.5.2 Hot-Melt-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

9. APAC Adhesive Tapes Market Analysis – By Tape Backing Material

9.1 Overview

9.2 APAC Adhesive Tapes Market, By Tape Backing Material (2020 and 2028)

9.3 Polypropylene (PP)

9.3.1 Overview

9.3.2 Polypropylene (PP): Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

9.4 Paper

9.4.1 Overview

9.4.2 Paper: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

9.5 Polyvinyl Chloride (PVC)

9.5.1 Overview

9.5.2 Polyvinyl Chloride (PVC): Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

9.6 Others

9.6.1 Overview

9.6.2 Others : Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

10. APAC Adhesive Tapes Market Analysis – By Application

10.1 Overview

10.2 APAC Adhesive Tapes Market, By Application (2020 and 2028)

10.3 Automotive

10.3.1 Overview

10.3.2 Automotive: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

10.4 Packaging

10.4.1 Overview

10.4.2 Packaging: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

10.5 Healthcare

10.5.1 Overview

10.5.2 Healthcare: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

10.6 Electrical and Electronics

10.6.1 Overview

10.6.2 Electrical and Electronics: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

10.7 Building and Construction

10.7.1 Overview

10.7.2 Building and Construction: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

10.8 Others

10.8.1 Overview

10.8.2 Others: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)

11. APAC Adhesive Tapes Market – Country Analysis

11.1 Overview

11.1.1 APAC: Adhesive Tapes Market, by Key Country

11.1.1.1 Australia: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1 Australia: Adhesive Tapes Market, by Resin Type

11.1.1.1.2 Australia: Adhesive Tapes Market, by Technology

11.1.1.1.3 Australia: Adhesive Tapes Market, by Tape Backing Material

11.1.1.1.4 Australia: Adhesive Tapes Market, by Application

11.1.1.2 China: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1 China: Adhesive Tapes Market, by Resin Type

11.1.1.2.2 China: Adhesive Tapes Market, by Technology

11.1.1.2.3 China: Adhesive Tapes Market, by Tape Backing Material

11.1.1.2.4 China: Adhesive Tapes Market, by Application

11.1.1.3 India: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

11.1.1.3.1 India: Adhesive Tapes Market, by Resin Type

11.1.1.3.2 India: Adhesive Tapes Market, by Technology

11.1.1.3.3 India: Adhesive Tapes Market, by Tape Backing Material

11.1.1.3.4 India: Adhesive Tapes Market, by Application

11.1.1.4 Japan: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

11.1.1.4.1 Japan: Adhesive Tapes Market, by Resin Type

11.1.1.4.2 Japan: Adhesive Tapes Market, by Technology

11.1.1.4.3 Japan: Adhesive Tapes Market, by Tape Backing Material

11.1.1.4.4 Japan: Adhesive Tapes Market, by Application

11.1.1.5 South Korea: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

11.1.1.5.1 South Korea: Adhesive Tapes Market, by Resin Type

11.1.1.5.2 South Korea: Adhesive Tapes Market, by Technology

11.1.1.5.3 South Korea: Adhesive Tapes Market, by Tape Backing Material

11.1.1.5.4 South Korea: Adhesive Tapes Market, by Application

11.1.1.6 Rest of APAC: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

11.1.1.6.1 Rest of APAC: Adhesive Tapes Market, by Resin Type

11.1.1.6.2 Rest of APAC: Adhesive Tapes Market, by Technology

11.1.1.6.3 Rest of APAC: Adhesive Tapes Market, by Tape Backing Material

11.1.1.6.4 Rest of APAC: Adhesive Tapes Market, by Application

12. Impact of COVID-19 on APAC Adhesive Tapes Market

12.1 APAC: Impact Assessment of COVID-19 Pandemic

13. Industry Landscape

13.1 Overview

13.2 Mergers & acquisition

14. Company Profiles

14.1 3M

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

14.2 Nitto Denko Corporation

14.2.1 Key Facts

14.2.2 Business Description

14.2.3 Products and Services

14.2.4 Financial Overview

14.2.5 SWOT Analysis

14.2.6 Key Developments

14.3 tesa SE

14.3.1 Key Facts

14.3.2 Business Description

14.3.3 Products and Services

14.3.4 Financial Overview

14.3.5 SWOT Analysis

14.3.6 Key Developments

14.4 Avery Dennison Corporation

14.4.1 Key Facts

14.4.2 Business Description

14.4.3 Products and Services

14.4.4 Financial Overview

14.4.5 SWOT Analysis

14.4.6 Key Developments

14.5 Intertape Polymer Group

14.5.1 Key Facts

14.5.2 Business Description

14.5.3 Products and Services

14.5.4 Financial Overview

14.5.5 SWOT Analysis

14.5.6 Key Developments

14.6 LINTEC Corporation

14.6.1 Key Facts

14.6.2 Business Description

14.6.3 Products and Services

14.6.4 Financial Overview

14.6.5 SWOT Analysis

14.6.6 Key Developments

14.7 Berry Global Inc.

14.7.1 Key Facts

14.7.2 Business Description

14.7.3 Products and Services

14.7.4 Financial Overview

14.7.5 SWOT Analysis

14.7.6 Key Developments

14.8 Scapa

14.8.1 Key Facts

14.8.2 Business Description

14.8.3 Products and Services

14.8.4 Financial Overview

14.8.5 SWOT Analysis

14.8.6 Key Developments

14.9 Lohmann GmbH & Co.KG

14.9.1 Key Facts

14.9.2 Business Description

14.9.3 Products and Services

14.9.4 Financial Overview

14.9.5 SWOT Analysis

14.9.6 Key Developments

14.10 Rogers Corporation

14.10.1 Key Facts

14.10.2 Business Description

14.10.3 Products and Services

14.10.4 Financial Overview

14.10.5 SWOT Analysis

14.10.6 Key Developments

15. Appendix

15.1 About The Insight Partners

15.2 Word Index

LIST OF TABLES

Table 1. APAC Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

Table 2. Australia Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)

Table 3. Australia Adhesive Tapes Market, by Technology– Revenue and Forecast to 2028 (USD Million)

Table 4. Australia Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)

Table 5. Australia Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 6. China Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)

Table 7. China Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)

Table 8. China Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 9. India Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)

Table 10. India Adhesive Tapes Market, by Technology– Revenue and Forecast to 2028 (USD Million)

Table 11. India Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)

Table 12. India Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 13. Japan Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)

Table 14. Japan Adhesive Tapes Market, by Technology– Revenue and Forecast to 2028 (USD Million)

Table 15. Japan Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)

Table 16. Japan Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 17. South Korea Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)

Table 18. South Korea Adhesive Tapes Market, by Technology– Revenue and Forecast to 2028 (USD Million)

Table 19. South Korea Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)

Table 20. South Korea Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 21. Rest of APAC Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)

Table 22. Rest of APAC Adhesive Tapes Market, by Technology– Revenue and Forecast to 2028 (USD Million)

Table 23. Rest of APAC Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)

Table 24. Rest of APAC Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)

Table 25. List of Abbreviation

LIST OF FIGURES

Figure 1. APAC Adhesive Tapes Market Segmentation

Figure 2. APAC Adhesive Tapes Market Segmentation – By Country

Figure 3. APAC Adhesive Tapes Market Overview

Figure 4. Rubber Segment Held Largest Share of the Market in 2020

Figure 5. China Held Largest Share of the Market in 2020

Figure 6. Porter ‘s Five Forces Analysis

Figure 7. Expert Opinion

Figure 8. APAC Adhesive Tapes Market – Ecosystem Analysis

Figure 9. APAC Adhesive Tapes Market Impact Analysis of Drivers and Restraints

Figure 10. APAC: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. APAC Adhesive Tapes Market Revenue Share, By Resin Type (2020 and 2028)

Figure 12. APAC Acrylic: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 13. APAC Rubber: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14. APAC Silicone: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 15. APAC Others: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 16. APAC Adhesive Tapes Market Revenue Share, By Technology (2020 and 2028)

Figure 17. APAC Water-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 18. APAC Solvent-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 19. APAC Hot-Melt-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 20. APAC Adhesive Tapes Market Revenue Share, By Tape Backing Material (2020 and 2028)

Figure 21. APAC Polypropylene (PP): Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 22. APAC Paper: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 23. APAC Polyvinyl Chloride (PVC): Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 24. APAC Others: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 25. APAC Adhesive Tapes Market Revenue Share, By Application (2020 and 2028)

Figure 26. APAC Automotive: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 27. APAC Packaging: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 28. APAC Healthcare: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 29. APAC Electrical and Electronics: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 30. APAC Building and Construction: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 31. APAC Others: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 32. APAC: Adhesive Tapes Market, by Key Country – Revenue (2020) (USD Million)

Figure 33. APAC: Adhesive Tapes Market Revenue Share, by Key Country (2020 and 2028)

Figure 34. Australia: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

Figure 35. China: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

Figure 36. India: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

Figure 37. Japan: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

Figure 38. South Korea: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

Figure 39. Rest of APAC: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)

Figure 40. Impact of COVID-19 Pandemic in APAC Country Markets

  1. 3M
  2. Avery Dennison Corporation
  3. Berry Global Inc.
  4. Intertape Polymer Group
  5. LINTEC Corporation
  6. Lohmann GmbH & Co.KG
  7. Nitto Denko Corporation
  8. Rogers Corporation  
  9. Scapa
  10. tesa SE 
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC adhesive tapes market.       
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the APAC adhesive tapes market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the adhesive tapes market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution  
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