![]() ![]() Key Segments Profiled In The Automotive Tapes Market SurveyĬhristiana Corporate, 200 Continental Drive,įuture Market Insights, Inc. Ready to Learn About Our Approach? Explore Our Methodology: With the flourishing automotive industry, Europe is expected to account for 22% of the global automotive tapes market, and the region is poised for robust growth in the coming years. What is the Regional Overview of the Europe Automotive Tapes Market? North America is projected to seize a significant market share of 27% in the automotive tapes market, with a dominance of a handful of major international players within the automotive tapes industry in the region. How is North America performing in the Automotive Tapes Market? On the basis of Segment it is projected to hold the maximum share in the market, expanding at a remarkable CAGR during the coming decade. India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.ĥ. are expected to, collectively, hold the largest share in the Europe market over the assessment period.ģ.Ĝhina will dominate the East Asia market, accounting for the largest demand share during the forecast period.Ĥ. is expected to lead the North America Automotive Tapes Market, projecting the fastest growth in the region between 20Ģ. Key Automotive Tapes Market Takeaways and Projectionsġ. These items ensure sheer performance, more solid attachment, and longer wear time. In December 2020, 3M shipped 2480 3M Hi-Tack silicone adhesive tapes. By doing this, Tesa is likely to strengthen its roots in Asia and enhance its capabilities.Ĥ. In May 2020, Tesa SE expanded another plant in Vietnam to manufacture adhesive tapes for the Asian market, which will begin in 2023. ![]() With this acquisition, Sika AG may be able to strengthen its market position in Japan significantly.ģ. Hematite is a Japanese adhesives and sealants supplier for the automotive and construction industries. Sika AG acquired Hematite, the Yokohama Rubber Company Ltd., in 2021. Techsil, a United Kingdom-based supplier of adhesive and sealant solutions, has launched a new line of adhesive tapes for EMI shielding, heat sink optimization, and other applications in electric vehicles.Ģ. To improve the operability of automotive tapes, as well as increase their adoption for new applications, manufacturers around the globe are developing better and more sustainable tape solutions.ġ. ![]() Recent Developments In The Automotive Tapes Market It also provides a list of leading players and recent development in the global Automotive Tapes Market. ![]() The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition. The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Automotive Tapes Market. Get our Sample Report to discover how recent industry developments, like Over the forecast period, the global automotive tapes market is expected to grow steadily, with the market size increasing from US$ 9,269.44 million in 2023 to an estimated US$ 13.62378 billion by 2033, reflecting a compound annual growth rate (CAGR) of 3.9%. From bonding critical components to dampening vibrations and sealing against environmental elements, automotive tapes are the unsung heroes of modern vehicles. They are engineered to meet the unique challenges of the automotive industry. These specialized adhesive tapes are not your everyday household tapes. ![]()
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