Foam Tape Market Size

Foam Tape Market size was valued at USD 11.9 billion in 2024 and is expected to surge to USD 26.9 billion by the end of 2037, registering at a CAGR of 7% during the forecast period i.e., between 2025-2037. In 2025, the industry size of foam tape is estimated at USD 12.8 billion.

The need for foam tapes is anticipated to increase with the automotive industry's continued growth, especially in emerging economies. In addition, as foam tapes are widely used in mounting fixtures, sealing joints, and bonding facades, the construction industry is driving foam tape market expansion. For instance, in August 2023, Avery Dennison announced a new range of high-performing PSA tape, Cold ToughTM for the construction and building sector. It provides a bonding solution that can endure severe weather conditions.

Furthermore, the demand for foam tapes with thermal insulation qualities is high due to the construction industry's growing emphasis on sustainability and energy efficiency, which is propelling foam tape market growth. For instance, in November 2023, CCL Design announced the release of its new acrylic foam tapes in the 5400 LSE series. The internal creation of foam tape is free from perfluoroalkyl and poly-fluoroalkyl substances (PFAS) which marks a significant turning point in CCL's dedication to sustainability and innovation.