Foam Tape Market, Technology, End-Use Industry, and Region - Global Forecast to 2023

(Comserve via Comtex)

Japan, Japan, Thu, 22 Jul 2021 05:20:37 / Comserve Inc. / -- This detailed analysis includes market size and forecasts, covering regional analysis, trends, opportunities and COVID-19 analysis. The analysis also includes key players with business strategies and key indicators that influence market growth.

The foam tape market is projected to grow from USD 7.44 billion in 2018 to USD 10.35 billion by 2023, at a CAGR of 6.83% between 2018 and 2023.

The rising demand for foam tape across various end-use industries such as electrical & electronics, building & construction, automotive, and paper & printing is expected to drive the foam tape market.

The increasing environmental concerns and the growing number of regulatory policies have propelled the manufacturers of foam tape to focus on the development of eco-friendly products.

Volatile raw materials prices are acting as a restraint to the growth of the foam tape market. The rising costs of foam types such as acrylic and PE across the globe are affecting the foam tape market.

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"The Final Report will cover the impact analysis of COVID-19 on this industry: Foam Tape Market, Technology, End-Use Industry, and Region - Global Forecast to 2023

Most of the raw materials used in the development of foam tape are petroleum-based derivatives that are vulnerable to fluctuations in commodity prices.

Automotive is expected to be the leading end-use industry of foam tape during the forecast period, in terms of volume. In the automotive industry, foam tape -is used in plate panels, roof molding, outer belt moldings, rocker panel/claddings, emblem & nameplates, rear spoilers, body & bumper side moldings, side mirrors, and side fenders/wheel flares.

The APAC region is projected to lead the foam tape market during the forecast period, in terms of volume. The economic growth of the emerging countries such as China, India, Taiwan, Indonesia, Vietnam, and Malaysia, is expected to drive the demand for foam tape in the region. China is expected to lead the foam tape market in the APAC region.

Request for Sample Report: https://www.sdki.jp/sample-request-61491
"The Final Report will cover the impact analysis of COVID-19 on this industry: Foam Tape Market, Technology, End-Use Industry, and Region - Global Forecast to 2023

Factors such as increasing automotive production, availability of cheap labor and raw materials, low taxes, and less stringent environmental regulations are driving the foam tape market in China.

Breakup of Primary Interviews:
? By Company Type: Tier 1 - 70%, Tier 2 - 20%, and Tier 3 - 10%
? By Designation: C-Level Executives - 46%, Directors - 40%, and Others - 14%
? By Region: North America - 37%, Europe - 21%, APAC - 26%, South America - 8%, and the Middle East & Africa - 8%

3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US), 3F (Germany), Halco (US), and Scapa Group Plc (UK) are the key players operating in the foam tape market.

Reasons to Buy the Report


From an insight perspective, this research report is focused on various levels of analyses--industry analysis (industry trends), market share analysis of top players in the foam tape market, and company profiles. The report includes views on the competitive landscape, emerging and high-growth segments of the foam tape market, high-growth regions, and market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:


 Market Penetration: Comprehensive information on foam tape offered by top players in the foam tape market
 Product Development/Innovations: Detailed insights on upcoming technologies, R&D activities, and new product launches in the foam tape market
 Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the market for foam tape across various regions
 Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the foam tape market
 Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the foam tape market

TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 MARKET SCOPE 15
1.3.1 YEARS CONSIDERED FOR THE STUDY 17
1.4 CURRENCY 17
1.5 UNIT CONSIDERED 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 22
2.2 MARKET SIZE +0000IMATION 22
2.3 DATA TRIANGULATION 24
2.4 ASSUMPTIONS 25
2.5 LIMITATIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 31
4.1 SIGNIFICANT OPPORTUNITIES IN THE FOAM TAPE MARKET 31
4.2 FOAM TAPE MARKET, BY RESIN TYPE 31
4.3 FOAM TAPE MARKET, BY TECHNOLOGY 32
4.4 FOAM TAPE MARKET, BY FOAM TYPE 32
4.5 FOAM TAPE MARKET, BY END-USE INDUSTRY 33
4.6 FOAM TAPE MARKET, DEVELOPED VS. DEVELOPING NATIONS 33
4.7 FOAM TAPE MARKET IN APAC, BY END-USE INDUSTRY AND COUNTRY 34
4.8 FOAM TAPE MARKET, BY REGION 35

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Hina Miyazu

Shibuya Data Count
Email: [email protected]
Tel: + 81 3 45720790

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