Report Ocean recently released a research report on the Water-Based Adhesive Specialty Tapes Market, which covers the market’s historical growth, cost structure, revenue, trends, and potential prospects for the period 2023-2031. The report provides an extensive coverage of the market across various categories and includes a detailed analysis at the national level, along with an evaluation of the key drivers, restraints, trends, and opportunities in the market.
The global water-based adhesive specialty tapes market size was US$ 8.7 billion in 2021. The global water-based adhesive specialty tapes market is forecast to grow to US$ 15.5 billion by 2030, registering a compound annual growth rate (CAGR) of 6.9% during the forecast period from 2022 to 2030.
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COVID-19 Impact Analysis
The COVID-19 crisis had a mild impact on the global water-based adhesive specialty tapes market majorly due to the disruption in the supply chain during the initial phase. Unavailability of raw materials and workforce were the major cause so this disruption.
Factors Influencing the Market Growth
The market is witnessing increasing demand for water-based adhesive specialty tapes from the packaging industry. As a result, it will be a significant factor driving the market growth. Water-based adhesive specialty tapes are widely popular due to their beneficial features, such as durability, flexibility, and economic efficiency. Thus, it will accelerate the growth of the global water-based adhesive specialty tapes market.
In addition, the wide applications of water-based adhesive specialty tapes in the automotive industry are forecast to fuel the market growth. The demand for light and low emission vehicles is increasing on a regular basis. Thus, it will propel the growth of the market.
The Healthcare industry uses water-based adhesive specialty tapes to cover the surface of incisions and wounds. In addition, water-based adhesive specialty tapes possess antigenic properties, which will result in gaining high popularity from the end-users.
The short shelf life of the product is forecast to be a significant challenge in the market growth.
Geographic Analysis
Asia Pacific is forecast to hold the largest share in the global water-based adhesive specialty tapes market, mainly due to the rapidly growing automotive, electronics, and healthcare industry. Moreover, government initiatives in China and India towards the expansion of these industries would significantly contribute to the growth of the global water-based adhesive specialty tapes market.
The increasing disposable income may contribute to the growth of the region in the global water-based adhesive specialty tapes market.
Europe is forecast to register a significant growth rate during the forecast period, owing to the rising number of the urban population, increasing healthcare expenditure, and awareness about the product benefits.
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Competitors in the Market
- Dymax
- 3M
- Bostik
- NITTO DENKO CORPORATION
- HB Fuller Company
- LINTEC Corporation
- Henkel AG & Co. KGaA
- AVERY DENNISON CORPORATION
- Intertape Polymer Group
- Lohmann GmbH & Co.KG.
- Other prominent players
Market Segmentation
The global water-based adhesive specialty tapes market segmentation focuses on Resin Type, Application, and Region.
Insight by Resin Type
- Acrylic Polymer Emulsion (APE)
- Styrene Butadiene (SB) Latex
- Polyvinyl Acetate (PVA) Emulsion
- Polyurethane Dispersion (PUD)
- Vinyl Acetate Ethylene (VAE) Emulsion
- Others
Insight by Application
- Tapes and Labels
- Paper and Packaging
- Building and Construction
- Automotive and Transportation
- Consumer, Leather & Footwear
- Sports & Leisure
- Assembly
- Others
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Insight by Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
Table of Content
Chapter 1: Global Water-Based Adhesive Specialty Tapes Industry Overview
Chapter 3: Market Dynamics
Chapter 4: Top Company Profiles
Chapter 5: Global Water-Based Adhesive Specialty Tapes market Competition, by Players
Chapter 6: Global Market Size by Regions
Chapter 7: Global Market Segment by Application
Chapter 8: Global Water-Based Adhesive Specialty Tapes Industry Segment by Type
Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers
Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders
Chapter 11: Key Marketing Strategy Analysis, by Market Vendors
Chapter 12: Market Effect Factors Analysis
Chapter 13: Global Water-Based Adhesive Specialty Tapes market Size Forecast (2023-2031).
Continue….
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Water-Based Adhesive Specialty Tapes market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Water-Based Adhesive Specialty Tapes market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Water-Based Adhesive Specialty Tapes market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Water-Based Adhesive Specialty Tapes business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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