Structural Adhesive Tapes Market

Structural Adhesive Tapes Market worth $13.0 billion by 2028

The report "Structural Adhesive Tapes Market by Resin Type (Acrylic, Rubber, Silicone), Backing Material, End-Use Industry (Automotive, Healthcare, Electronics & Electrical, Renewable Energy, E-Mobility, Building & Construction), & Region - Global Forecast to 2028", is growing at a high rate due to the increased demand from various industries. The global structural adhesive tapes market size was USD 10.3 billion in 2022 and is projected to reach USD 13.0 billion by 2028, at a CAGR of 4.1% between 2023 and 2028. Asia Pacific has been the most favorable destination for the manufacturers of structural adhesive tapes, even during the global economic slowdown. Environmental and health & safety regulations drive the use of structural adhesive tapes in the electrical & electronics, healthcare, automotive, and other industries in the region.

Browse 641 market data Tables and 62 Figures spread through 464 Pages and in-depth TOC on "Structural Adhesive Tapes Market by Resin Type (Acrylic, Rubber, Silicone), Backing Material, End-Use Industry (Automotive, Healthcare, Electronics & Electrical, Renewable Energy, E-Mobility, Building & Construction), & Region - Global Forecast to 2028"
View detailed Table of Content here -

Structural adhesive tapes are used in electrical & electronics, healthcare, automotive, renewable energy, e-mobility, building & construction, and others. The trend toward using flatter and microelectronic devices continues, increasing the application of structural adhesive tapes in the electrical & electronics industry. Similarly, the structural adhesive tapes market in the healthcare industry is expected to register the highest growth rate during the forecast period. This growth is attributed to the rise in the aging population and growing chronic diseases. In addition, the demand for in-vitro diagnostics, hydrophilic films, transdermal drug delivery patches, and oral dissolvable films are driving the market in the healthcare industry. Building & construction is also one of the growing end-use industries of structural adhesive tapes in regions such as Asia Pacific, South America, and the Middle East. These tapes are used for HVAC, glazing, abatement, and insulation.

Acrylic segment is expected to hold  largest share of the structural adhesive tapes market during the forecasted period.

Acrylic-based tapes are highly demanded due to their advantageous physical & chemical properties, lower cost, and applications in several industries such as automotive, construction, and healthcare. Acrylic structural adhesive tapes are suitable in solvent- and water-based technologies because they offer higher resistance to other solvents, chemicals, and water. Water-based acrylic adhesives are the least expensive among all the resins used in the structural adhesive tapes industry.

PVC backing material segment hold the largest segment in overall structural adhesive tapes market during forecast period.

The PVC backing material is the largest segment in the overall structural adhesive tapes market. PVC (polyvinyl chloride) is a long-lasting and robust building material. It is widely used across several industrial applications due to its physicochemical properties such as great conformability, no flagging, superb elasticity, non-sticky sides, UV resistance and weather ability, good moisture and chemical resistance, flame retardance (self-extinguishing), and good sealing characteristics. PVC tapes are non-corrosive and resistant to humidity and UV rays. They are inherently flame retardant and have electrical insulation properties due to the nature of the polymer. PVC tapes are ideal for cable insulation & marking and meet international safety standards.

E-mobility is the fastest-growing end-use industry of the global structural adhesive tapes market during forecasted period.

Structural adhesive tapes are utilized in the eMobility/EV battery industry for various applications, including electrical insulation to prevent power surges and fires in EV batteries. It is also used for efficient thermal management in LED lighting, EV cooling systems, PCB, and heat sinks in automobiles. The major applications of structural adhesive tapes in EV batteries include bonding solutions, thermal runaway protection, cell-to-cell bonding, and compression pads. These tapes are used owing to their properties, such as flame retardance and dielectric strength.

Asia Pacific region likely to account the largest share of the global structural adhesive tapes market during forecasted period.

Asia Pacific is one of the largest structural adhesive tapes markets, in terms of both value and volume, and is projected to grow significantly during the forecast period. The economic growth in the region has increased over the last decade. According to the Population Reference Bureau, the fastest-growing consumer countries such as China and India had a combined population exceeding 2.8 billion (as of 2019). This is projected to become an increasingly important driver for the global end-use industries such as electrical & electronics, healthcare, and automotive, led by the rapidly rising household income and the fast-growing middle-class population.

The key companies profiled in this report are 3M Company (US), Avery Dennison Corporation (US), Nitto Denko Corporation (Japan), tesa SE (Germany), and Lintec Corporation (Japan).

Don’t miss out on business opportunities in Structural Adhesive Tapes Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Structural Adhesive Tapes Market Size,  Share & Growth Report
Report Code
CH 7929
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Structural Adhesive Tapes Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets