Foam Tape Market Segmentation:
Resin (Acrylic, Rubber, Silicone, Ethylene Vinyl Acetate (EVA), Others)
Based on resin, the acrylic segment is set to hold foam tape market share of more than 34.9% by 2035 attributable to its superior bonding strength, durability, and versatility. Moreover, the acrylic tapes are characterized for their high temperature and UV and solvent resistance properties. In November 2022, Henkel introduced Loctite UK 2073-2173, a new solvent-free, elastic adhesive based on two-component polyurethane (2K-PU) technology that is intended to perform exceptionally well on a variety of substrates. Market innovations are changing, and so are formulations of acrylic foam tapes. Their usage is on the rise in a variety of industries which testifies the position of the product in the new manufacturing arena.
Technology (Solvent-based, Water-based, Hot melt-based)
Solvent-based adhesives are predominantly preferred in the foam tape market owing to their features that offer better bonding strength as well as more durable applications. They also exhibit excellent resistance to moisture, chemicals, and temperature-related stresses. For instance, in May 2024, H.B. Fuller’s solvent-based portfolio introduced Swiftcol5237 which offers high shear, exceptional aging qualities, and superior heat resistance. It is ideal for high-performance tape manufacturers who need long-lasting bonds to a variety of surfaces and the ability to endure harsh conditions such as high temperatures and media exposure. Concerning high-performance sealing solutions being sought by emerging foam tape markets, solvent-based foam tapes will remain prevalent and relevant in such an industry.
Our in-depth analysis of the global market includes the following segments:
|
Resin |
|
|
Technology |
|
|
End use |
|
