The global double sided tape market size was nearly USD 11.62 Bn in 2022 and is likely to reach USD 21.6 Bn by 2031, expanding at a CAGR of 7.8% during 2023 – 2031. The growth of the market is attributed to the increasing demand for high-performance tapes from various industries such as automotive, electronics, and construction due to their exceptional bonding strength and durability.
Double-sided tape is a type of pressure-sensitive tape that is coated with adhesive on both surfaces. This tape consists of a thin strip of flexible material such as paper, plastic, or foam with adhesive applied to both sides. One side of the tape consists of a detachable release layer covering, which prevents it from sticking to itself. These tapes are commonly used for crafts, home projects, office supplies, and industrial applications.
Double-sided tapes also known as double-face tape used to stick two surfaces together. It offers several advantages over traditional single-sided tapes. It allows quick and easy bonding of objects without the need for additional tools or equipment. It can also be used to mount objects on surfaces without leaving visible marks or damaging the underlying material.
The heavy-duty double-sided tapes come in different widths, thicknesses, and adhesive strengths depending on the intended use. Some tapes are designed for temporary applications that are easily removable without leaving residue, while others provide a permanent bond.
The COVID-19 pandemic affected the double-sided tape market. The pandemic has disrupted global supply chains and manufacturing operations. The chemical and materials industry is one of the significant industries that suffered severe disruption during the pandemic. Restrictions on movement, lockdowns, and workforce limitations have delayed and ceased the operation of manufacturing units. These factors further disrupted the raw material supply and the delivery of double-sided tape, which slowed down the revenue generation of the market.
Double Sided Tape Market Dynamics
Major Drivers
Rising demand from the automotive industry is expected to drive the market during the projected period. Heavy-duty double-sided tapes are extensively utilized in this industry in various applications such as attaching trim, emblems, roof moldings, side mirrors, rear spoilers, and interior components. Moreover, advancements in electric vehicles and autonomous vehicles are likely to boost the demand for double-sided tape, as it is used in battery mounting, sensor placement, and other critical areas.
Increasing usage in electronics and electrical components is likely to propel the market. Double-sided tapes offer secure bonding without applying excessive weight or bulk while mounting electronic components. The availability of adhesives with improved bonding strength, temperature and vibration resistance, and versatility in use makes it suitable for electrical purposes. Furthermore, rising demand from building and construction accelerates the market. It is widely used in sealing cracks and joints of walls and floors and to seal air leaks around doors and windows.
Existing Restraints
Increasing volatility in raw material prices is expected to hinder the market. Fluctuations in raw material prices encouraged manufacturers to increase production costs, which significantly increase the margin price of the tapes. This can potentially affect the demand and affordability of double-sticky tapes. Furthermore, the wide availability of sustainable alternatives, such as paper tape is likely to restrain the market to a certain limit.
Emerging Opportunities
The advancement in adhesive technology and the implementation of new production techniques are likely to create favorable opportunities for the market players. Manufacturers are incorporating new features into double-sided adhesive tapes, such as conductive properties for electrical applications. These smart tapes cater to the emerging needs of industries including electronics, automotive, and healthcare, where functional integration and performance optimization are essential. Furthermore, the increasing usage of biodegradable adhesives and other recycled materials to produce eco-friendly adhesive tapes accelerates the market.
Scope of the Double Sided Tape Market Report
The report on the market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Double Sided Tape Market- Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Resin Type (Acrylic, Rubber, Silicone, and Others), Technology (Solvent-based, Water-based, and Hot-melt), Backing Material (Foam, Film, Paper, Unsupported, and Others), and Application (Automotive, Building & Construction, Electric & Electronics, Paper & Printing, HealthCare, and Others)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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3M; Adhtapes; Berry Global Inc.; Intertape Polymer Group; Kruse Adhesive Tape; Mactac; NICHIBAN Co., Ltd.; Nitto Denko Corporation.; PPM Industries SpA.; Pro Tapes®; Saint Gobain Corporate; Shurtape Technologies, LLC; tesa Tapes (India) Private Limited; Lohmann GmbH & Co. KG; and Yem Chio Co., Ltd.
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Double Sided Tape Market Segment Insights
Resin Type Analysis
Based on resin type, the double sided tape market is divided into acrylic, rubber, silicone, and others. The silicone segment is expected to hold a major share of the market during the forecast period, due to its various properties such as protection against moisture, flexibility, and ability to adhere to curved or irregular surfaces easily. Silicone-based double-sided tapes create a bond between two surfaces without leaving visible marks or residue. This makes it ideal for applications where aesthetics are important, such as mounting artwork, hanging signs, or attaching decorative elements. These tapes are fungus resistant and have the ability to withstand extremely high temperatures.
Technology Analysis
On the basis of technology, the market is classified into solvent-based, water-based, and hot-melt. The hot-melt segment is anticipated to register a robust growth rate in the coming years, owing to its ability to stick to various materials, including plastics, metals, foams, fabrics, and paper. The hot-melt double-sided tapes are used in industries such as packaging, automotive, construction, woodworking, and general assembly. These double-faced tapes are resistant to temperature, chemical, and moisture, which maintain their adhesive properties and bonding strength even under extreme conditions.
Backing Material Analysis
Based on backing material, the double sided tape market is segregated into foam, film, paper, unsupported, and others. The paper segment is expected to grow at a significant CAGR during the projection period, due to the versatility of the use of paper-backed double-sided tape in a wide range of applications in various industries. Double-sided tapes are used for printing logos, instructions, or other information to enhance product presentation. These tapes are easily cut, slit, or can be cut to specific sizes and shapes. Moreover, paper-based double-sided tapes are cost-effective compared to other backing materials such as plastic, foam, or others.
Application Analysis
In terms of application, the market is fragmented into automotive, building & construction, electric & electronics, paper & printing, healthcare, and others. The paper & printing segment is estimated to hold a key market share during the projected period, due to the rising adoption of double-sided tapes for mounting printing plates, especially multilayer photopolymer printing plates. It also used for binding documents, books, brochures, and other printed materials. It allows attaching posters, signs, graphics, and photographs to various surfaces, such as display boards, walls, or biodegradable packaging materials.
Double-backed tapes play a crucial role in the packaging and labeling of products. It facilitates the attachment of labels, tags, and promotional materials to packaging for enhancing brand visibility and product presentation. The paper and printing industry relies on double-sided tape for a wide range of applications, including binding, mounting, splicing, packaging, and labeling.
Regional Analysis
In terms of region, the global double sided tape market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market in the coming years, owing to the presence of a well-established market for adhesive products including double-sided tape. This region is home to several key industries that heavily rely on double-sided tape such as automotive, construction, electronics, packaging, and consumer goods. These industries highly demand for strong bonding solutions for various applications. Furthermore, the presence of numerous distributors, suppliers, and logistics infrastructure enables market players to reach a wide customer base effectively.
The market in Asia Pacific is anticipated to expand at a rapid pace during the forecast period, due to the increasing manufacturing hubs for various industries, such as automotive, electronics, packaging, and construction. These industries heavily utilize double-sided tapes for bonding and packaging purposes. Furthermore, double-sided tapes are widely used in building and construction activities for sealing joints and cracks. Thus, rising construction activities at a rapid pace is likely to boost the market.
Segments
The global double sided tape market has been segmented on the basis of
Resin Type
- Acrylic
- Rubber
- Silicone
- Others
Technology
- Solvent-based
- Water based
- Hot-Melt
Backing Material
- Foam
- Film
- Paper
- Unsupported
- Others
Application
- Automotive
- Building & Construction
- Electric & Electronics
- Paper & Printing
- HealthCare
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- 3M
- Adhtapes
- Berry Global Inc.
- Intertape Polymer Group
- Kruse Adhesive Tape
- Mactac
- NICHIBAN Co., Ltd.
- Nitto Denko Corporation.
- PPM Industries SpA.
- Pro Tapes®
- Saint Gobain Corporate
- Shurtape Technologies, LLC
- tesa Tapes (India) Private Limited
- Lohmann GmbH & Co. KG
- Yem Chio Co., Ltd.
Competitive Landscape
Key players competing in the global double sided tape market are 3M; Adhtapes; Berry Global Inc.; Intertape Polymer Group; Kruse Adhesive Tape; Mactac; NICHIBAN Co., Ltd.; Nitto Denko Corporation.; PPM Industries SpA.; Pro Tapes®; Saint Gobain Corporate; Shurtape Technologies, LLC; tesa Tapes (India) Private Limited; Lohmann GmbH & Co. KG; and Yem Chio Co., Ltd.
These companies are boosting their market share by adopting various strategies such as partnerships, mergers, reduction in production costs, launching new products, and implementing advanced technologies. For instance,
- On April 28, 2022, 3M, a global bonding solution provider and Innovative Automation, a high-quality automation system supplier jointly developed an automated tape “RoboTape System”. This new technology provides precise, reliable, and high output for industrial applications. The RoboTape System allows industrial manufacturers to take advantage of 3M tapes in assembly processes to maximize production and reduce manual labor.
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