Increasing demand for versatile and efficient bonding solutions across a wide range of industries is expected to drive market expansion in the near future at a CAGR of 7.20% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published on the “Global Double-Sided Tape Market”.


The Double-Sided Tape market is estimated to register a CAGR of 7.20% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global Double-Sided Tape market— 3M, Adchem Corporation, Advance Tapes International, Bostik Limited, Guangzhou Broadya Adhesive Products Co., Haixiang Adhesive Products Co. Ltd, Lintec Corporation, Lohmann GmbH & Co. Kg, Scapa Group PLC, Tesa SE.


Market Highlights


The global Double-Sided Tape market is accounted to register a CAGR of 7.20% during the forecast period and is estimated to reach USD 22.2 billion by 2032.


Double-sided tapes provide a secure and durable alternative to traditional fasteners like screws and adhesives, allowing for quicker assembly and reduced labor costs in manufacturing and construction. Additionally, their use in lightweight and compact electronic devices has surged, as they enable precise component placement and miniaturization while ensuring a strong and reliable bond. The growth of e-commerce and the need for secure packaging solutions further contribute to the demand for double-sided tapes, particularly in the logistics and packaging sectors, where they enhance product integrity and tamper-evident packaging.


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Segment Analysis


The global Double-Sided Tape market has been segmented based on resin type, tape-backing material and end use.


On the basis of resin type, the market is segmented into Acrylic, Rubber, Silicone, and Others. The acrylic segment was attributed to holding the largest market share in 2022, due to its exceptional adhesive qualities.


Based on tape-backed material, the global Double-Sided Tape market has been segmented into Foam-backed, Film-backed, Paper-/Tissue-backed, Unsupported-/Transfer-backed and Others. The film-backed tape segment was expected to hold the largest market share in 2022, due to its exceptional durability, versatility, and adaptability to a wide array of applications.


Based on end use, the global Double-Sided Tape market has been segmented into Automotive, Building & Construction, Electrical & Electronics, Paper & Printing and Others. The automotive segment was expected to hold the largest market share in 2022, due to the automotive industry's high demand for lightweight, efficient bonding solutions.


Regional Analysis


The global Double-Sided Tape market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Double-Sided Tape market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Double-Sided Tape market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Double-Sided Tape market comprises of Middle East, Africa, and Latin America.


The largest market share for Double-Sided Tape was maintained by the North American regional sector. This increase is attributed to the extensive use of these tapes in various industries, including automotive, construction, and electronics. In the automotive sector, double-sided tapes are in high demand for applications like interior trim, emblem mounting, and bonding lightweight materials, contributing to the industry's pursuit of weight reduction and improved fuel efficiency. Additionally, the construction industry relies on double-sided tapes for efficient and clean mounting of architectural elements, signage, and insulation, with a growing emphasis on quick and secure installation methods.


Moreover, the Europe market has been persistently growing over the forecast period. The demand for Double-Sided Tape is driven by the region's well-established industrial and automotive sectors, which rely on these tapes for assembly, mounting, and bonding applications. Additionally, the increasing adoption of double-sided tapes in the construction and packaging industries, where they offer versatile and efficient solutions.


Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period due to the region's expanding manufacturing and construction industries, which require efficient bonding solutions for a wide range of applications. Additionally, the growing demand for electronic devices, packaging materials, and automotive components further fuels the adoption of double-sided tapes, as they provide strong and reliable bonding in these sectors, aligning with the region's industrial and technological growth.


Furthermore, the rest of the world's Double-Sided Tape market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's expanding construction and manufacturing industries, which require versatile bonding solutions for various applications, including assembly, signage, and packaging.


Key Findings of the Study



  • The global Double-Sided Tape market is expected to reach USD 22.2 billion by 2032, at a CAGR of 7.20% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to the region's expanding manufacturing and construction industries, which require efficient bonding solutions for a wide range of applications.

  • Based on resin type, the acrylic segment was attributed to holding the largest market in 2022, with an approximate market share of 45–65%.

  • 3M, Adchem Corporation, Advance Tapes International, Bostik Limited, Guangzhou Broadya Adhesive Products Co., Haixiang Adhesive Products Co. Ltd, Lintec Corporation, Lohmann GmbH & Co. Kg, Scapa Group PLC, Tesa SE.

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Pages 128
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