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By 2027, the double-sided tape market will grow at a compound annual growth rate of 5.4%.

New York, USA, November 30, 2021/EINPresswire.com/--According to our latest market on "2028 Double-Sided Tape Market Forecast-COVID-19 Impact and Global Analysis-By Resin Type (Acrylic, Rubber, Silicone)" Research, other), backing materials (foam, film, paper, etc.) and end-uses (healthcare, building and construction, automobiles, consumer goods, etc.)," ​​the market is valued at 9.96374 billion U.S. dollars. In 2020, it is expected to reach 15.02898 billion U.S. dollars.

Market size value-9.96374 billion US dollars in 2020 Market size value-15.020898 billion US dollars growth rate in 2028-2021-2028 compound annual growth rate of 5.4% Forecast period-2021-2028 base year-2021 page 16. Table-164 Number of charts and figures-128 available historical data-are the market segments covered-resin types, backing materials and end-use areas-North America; Europe; Asia Pacific; Latin America; MEA countries-United States, United Kingdom, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina report coverage-revenue forecasts, company rankings, competitive landscape, growth factors and trends

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Double-sided tape is a pressure-sensitive tape coated with adhesive on both sides. It is used for fixing and bonding in many manufacturing industries such as automobiles, medical care and construction. Using double-sided tape is a better choice than screws and rivets because the surface tension is evenly distributed over the entire surface.

The wide application of double-sided tape drives the growth of the double-sided tape market

Double-sided tape is any pressure-sensitive tape coated with an adhesive layer on both sides. Because these tapes can stick two surfaces together, they have a wide range of applications. The viscous liquid adhesive on these tapes sticks to the surface when pressure is applied. The adhesive flows to the surface and helps the two people to keep the two substrates intact. Double-sided tapes are mainly used in the papermaking and printing, electrical and electronic, packaging and automotive industries. The growth of the market is mainly attributed to the widespread use of double-sided tapes in automotive applications, such as signs and nameplates, panel panels, roof trims, door sill panels/cladding, rearview mirrors and rear spoilers. In addition, these tapes are widely used in automotive exteriors, including door coverings, seals and spoilers, and parking sensor holders. The superior properties of these tapes, such as vibration and noise reduction, are expected to drive the demand for double-sided tapes in automotive applications.

The impact of COVID-19 on the double-sided tape market:

Due to lockdowns, travel restrictions and business closures, the COVID-19 outbreak has adversely affected the economies and industries of various countries. The chemical and materials industry is one of the important industries that suffer severe disruptions such as supply chain disruptions, cancellation of technical activities, and office closures. The shutdown of many factories in major regions such as North America, Europe, Asia Pacific, South America, the Middle East, and Africa has restricted the global supply chain and hindered manufacturing activities, delivery dates, and sales of various chemicals and materials. Due to the closure of global manufacturing activities, this has had a negative impact on the market demand for double-sided tape. However, with the start of the vaccination campaign and the resumption of production activities in many countries, the demand for double-sided tape is expected to increase during the forecast period.

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Double-sided tape market: resin type

According to the type of resin, the double-sided tape market is segmented into acrylic, rubber, and silicone. In 2020, the silicone segment will lead the market with the largest share. Silicone tape is a flexible, waterproof, non-woven fabric material with a unique silicone adhesive. It has anti-fungal properties and can resist ozone and ultraviolet radiation in outdoor environments. They are also solvent resistant and have high shear and peel strength. In addition, these adhesives are relatively expensive and have low initial tack, but can be used at higher temperatures than acrylic and rubber adhesives.

Double-sided tape market: competitive landscape and key developments

3M; Nitto Denko Corporation; tesa SE; Intertape Polymer Group; Shurtape Technology Co., Ltd.; Scarpa; Guangzhou Boya Adhesive Products Co., Ltd.; Lohmann GmbH & Co.KG; Lintek Corporation; Lee Dennison is a major player in the double-sided tape market.

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The overall double-sided tape market size is based on primary and secondary sources. In order to start the research process, we conducted a detailed secondary research using internal and external resources to obtain qualitative and quantitative information related to the market. In addition, several major interviews were conducted with industry participants and commentators to verify the data and gain more analytical insights on the topic. Participants in this process include industry experts such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants such as valuation experts, research analysts, and key opinion leaders who specialize in the double-sided tape market.

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Press release: https://www.theinsightpartners.com/pr/double-side-tape-market More research: https://energysiren.co.ke/author/theinsightpartners/

Sameer Joshi The Insight Partners Email us here and visit us on social media: Facebook Twitter LinkedIn

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