Specialty Tape Market Report: Trends, Forecast and Competitive Analysis to 2030

Specialty Tape Trends and Forecast

The future of the global specialty tape market looks promising with opportunities in the electrical & electronic, healthcare & hygiene, automotive, white goods, paper & printing, building & construction, and retail & graphic sectors. The global specialty tape market is expected to reach an estimated $55.7 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are growing residential and commercial construction activities and rising demand for acrylic foam-based specialty tapes.

A more than 150-page report is developed to help in your business decisions.

Specialty Tape by Segment

The study includes a forecast for the global specialty tape by resin type, backing material, end use industry, and region.

Specialty Tape Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]:

• Acrylic
• Rubber
• Silicone
• Others

Specialty Tape Market by Backing Material [Shipment Analysis by Value from 2018 to 2030]:

• Polyvinyl Chloride (PVC)
• Paper
• Woven/Non-Woven
• PET
• Foam
• Polypropylene (PP)
• Others

Specialty Tape Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Electrical & Electronics
• Healthcare & Hygiene
• Automotive
• White Goods
• Paper & Printing
• Building & Construction
• Retail & Graphics
• Others

Specialty Tape Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Specialty Tape Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies specialty tape companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the specialty tape companies profiled in this report include-

• 3M
• Nitto Denko
• tesa SE
• Lintec
• Avery Dennison

Specialty Tape Market Insights

Lucintel forecasts that acrylic is expected to witness the highest growth over the forecast period due to its widespread utilization in the automotive sector to strengthen bonds, endure high temperatures, and resist chemicals and UV light.

Within this market, electrical & electronic is expected to witness the highest growth due to rising use of specialty tape in this sector owing to its superior flame retardance, heat, and electric insulation.

APAC will remain the largest region over the forecast period due to the subtantial demand for specialty tapes from various end use industries, such as healthcare, automobile, paper & printing, and construction & building in the region.

Features of the Global Specialty Tape Market

Market Size Estimates: Specialty tape market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Specialty tape market size by resin type, backing material, end use industry, and region in terms of value ($B).

Regional Analysis: Specialty tape market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different resin types, backing materials, end use industries, and regions for the specialty tape market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the specialty tape market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the specialty tape market size?

Answer: The global specialty tape market is expected to reach an estimated $55.7 billion by 2030.

Q2. What is the growth forecast for specialty tape market?

Answer: The global specialty tape market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the specialty tape market?

Answer: The major drivers for this market are growing residential and commercial construction activities and rising demand for acrylic foam-based specialty tapes.

Q4. What are the major segments for specialty tape market?

Answer: The future of the specialty tape market looks promising with opportunities in the electrical & electronic, healthcare & hygiene, automotive, white goods, paper & printing, building & construction, and retail & graphic sectors.

Q5. Who are the key specialty tape market companies?

Answer: Some of the key specialty tape companies are as follows.

• 3M
• Nitto Denko
• tesa SE
• Lintec
• Avery Dennison

Q6. Which specialty tape market segment will be the largest in future?

Answer: Lucintel forecasts that acrylic is expected to witness the highest growth over the forecast period due to its widespread utilization in the automotive sector to strengthen bonds, endure high temperatures, and resist chemicals and UV light.

Q7. In specialty tape market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to the subtantial demand for specialty tapes from various end use industries, such as healthcare, automobile, paper & printing, and construction & building in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the specialty tape market by resin type (acrylic, rubber, silicone, and others), backing material (polyvinyl chloride, paper, woven/non-woven, pet, foam, polypropylene, and others), end use industry (electrical & electronics, healthcare & hygiene, automotive, white goods, paper & printing, building & construction, retail & graphics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?