Acrylic Foam Tape Market Report

Acrylic Foam Tape Market Report, By Product Type (Double Sided Acrylic Foam Tapes and Single Sided Acrylic Foam Tapes), Backing Material, End User Industry and Geography - Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : 1756 | Publish Date : Upcoming | Industry : Chemicals_Materials | Geography : Global


Acrylic foam tapes are high performance bonding products which are designed to deliver engineered assembly solutions for widespread industrial applications. The unique pressure reduction properties of the tape’s foam core allow it to expand and contract with temperature fluctuations. Moreover, the viscoelastic properties unified into these tapes allow it to adapt to surface indiscretions and gaps, offering a seamless fit. Acrylic foam tapes also offer several key benefits, such as high temperature bonding power to low surface energy and medium surface energy plastics, including polypropylene plastic and thermoplastic olefin among others. The high-performance adhesive property on both sides of the tape provides process flexibility in die-cutting procedures.  

Acrylic Foam Tape Market Outlook

The global acrylic foam tape market is witnessing momentous growth due to high demand for pressure sensitive tapes and growing automotive sector. Furthermore, shock absorption capability and good anti-aging properties of acrylic foam tapes are propelling the overall market growth. Development of low-cost acrylic foam tape and advancement in adhesive tapes technology are some of the opportunities which are expected to fuel the growth of this market in coming years. However, the global acrylic foam tape market is hampered by stringent regulatory environment and volatile raw material prices. The global acrylic foam tape market is estimated and forecasted in terms of revenue (USD million) generated by the global market.  

Acrylic Foam Tape Market COVID-19 Impact

The global pandemic of Coronavirus (COVID-19) has triggered stock market instability, tight border controls, and worldwide lockdown, leading the chemical industry, as well as large companies and governments, to restock supply chains. The whole world is experiencing severe impact on social and financial sectors, and all global industries are facing challenges during the COVID-19 pandemic. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

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Acrylic Foam Tape Market Segmental Analysis

The report analyses the global acrylic foam tape market based on product type, backing material, end user industry and geography. Based on product type, the market is segmented into double sided acrylic foam tapes and single sided acrylic foam tapes. The double sided acrylic foam tapes held the largest market share in 2020 and is anticipated to flourish at a lucrative rate owing to advantages such as multi-functioning and ease of use. Based on backing material, the global acrylic foam tape market is segmented into polypropylene, paper, polyvinyl chloride (PVC) and others. Among various materials, the paper segment held the largest share of the acrylic foam tape market in 2020, due to various advantages offered by them including low cost, high elongation and permanent bonding solutions. Furthermore, based on end user industry, this market is divided into automotive, building & construction, electrical & electronics, aerospace& defence, healthcare, consumer goods, paper & printing and others (food & beverage, wind energy, solar energy, sports etc.). Among these, the healthcare segment is anticipated to grow at the highest CAGR, chiefly due to the growing usage of acrylic foam tapes on surgical containers, monitoring electrodes and other medical devices. 

Acrylic Foam Tape Market Regional Trends

By geography, the global acrylic foam tape market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, and Rest of the world. North America is accounted for the largest market share in 2020, followed by Europe and Asia-Pacific. Factors such as well-established automotive and construction industry are fuelling the growth of acrylic foam tape in North America. Furthermore, Europe has been the second largest market for acrylic foam tape. This market is majorly boosted by wide acceptance due to ease of applicability of adhesive tapes. In addition to this, the Asia-Pacific region is expected to grow at a lucrative growth rate during the forecast period, owing to rapid industrialization in China, Japan and India. 

Acrylic Foam Tape Market Players

Some of the major players operating in the acrylic foam tape market include ACHEM Technology Corp., AFTC Group, Avery Dennison Corporation, Helipro Tapes Sdn. Bhd., Himark (USA) Inc., Lamatek Inc, Lynvale Ltd, Nitto Denko Corporation, Saint-Gobain S.A., Scapa Group, TESA SE and the 3M Company among others. Market players are involved in product launches and collaboration agreements to exploit maximum revenue potential in global acrylic foam tape market.

The report analyses the global acrylic foam tape market based on product type, backing material, end user industry and geography. Based on product type, the market is segmented into double sided acrylic foam tapes and single sided acrylic foam tapes. Based on backing material, the global acrylic foam tape market is segmented into polypropylene, paper, polyvinyl chloride (PVC) and others.

By geography, the global acrylic foam tape market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, and Rest of the world. North America is accounted for the largest market share in 2020, followed by Europe and Asia-Pacific. Factors such as well-established automotive and construction industry are fuelling the growth of acrylic foam tape in North America.

Why to buy this report:

  • The report offers changing market dynamics in the acrylic foam tape industry, presenting historical, current and projected market size in terms of value (USD million)
  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of acrylic foam tape, such as adhesive tapes market, industrial adhesive tapes market etc.
  • It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the acrylic foam tape market performance
  • The report also offers strategic recommendations in key business segments based on the market estimations and competitive landscape, mapping the key common trends of acrylic foam tape market