Adhesive Tapes Market Analysis

Application (Automotive, Healthcare, Packaging, Electronics)

The global adhesive tapes market is segmented and analyzed for demand and supply by application into automotive, healthcare, packaging, electronics, and others. Out of the five types of end users, the automotive segment is estimated to gain the largest market share of about 35% in the year 2037. The growth of the segment can be accredited to the increasing production rate of electric vehicles worldwide and the growing awareness of the global population about the negative impact of traffic emissions on human health and the environment. This is backed by the expected high demand. The International Energy Agency reported that in 2021, electric vehicle sales surpassed its 2020 sales, nearly doubling to 6.6 million. Tapes designed for vehicles are primarily used for specific purposes and therefore require a different type of adhesive. Masking tape, for instance, is used as an adhesive tapes market for painting automobiles. It protects vehicle's windows, exterior and interior when painting.

Material {Polypropylene (PP), Paper, Polyvinyl Chloride (PVC)}

The global adhesive tapes market is also segmented and analyzed for demand and supply by material into polypropylene (PP), paper, and polyvinyl chloride (PVC). Amongst these three segments, the polyvinyl chloride (PVC) segment is expected to garner a significant share of around 30% in the year 2037. The growth of the segment can be accredited to the growing demand of PVC in the construction industry. PVC is widely used in the construction industry for applications such as pipes, window profiles, and roofing membranes. As the construction industry continues to grow, particularly in emerging economies, the demand for PVC is expected to increase. PVC is used in various automotive applications, such as seat covers, dashboard skins, and insulation. As the automotive industry continues to grow, particularly in Asia Pacific, the demand for PVC is expected to increase. PVC is used in various packaging applications, such as blister packaging, shrink wrapping, and food packaging. As the packaging industry continues to expand, particularly in e-commerce and food and beverage sectors, the demand for PVC is expected to increase. PVC can be made with eco-friendly additives that reduce its environmental impact, such as phthalate-free plasticizers and bio-based additives. The demand for eco-friendly PVC is expected to increase as consumers become more environmentally conscious. As urbanization continues to increase globally, the demand for PVC products in construction and infrastructure applications is expected to rise, leading to growth in the PVC segment over the forecast period.

Our in-depth analysis of the global adhesive tapes market includes the following segments: