Automotive Adhesive Tapes Market by Backing Material, by Application and by Region – ****** Forecast to 2020

The report “Automotive Adhesive Tapes Market by Application (Interior Application, Exterior Application, and Others), by Region – ****** Forecast to 2020”, defines and segments the concerned market with analysis and forecast of revenue. The ****** automotive adhesive tapes market is estimated to have accounted for USD 5.4 Billion in 2014, and is projected to reach USD 7.5 Billion by 2020, at a CAGR of 5.1% between 2015 and 2020.

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Some of the major market players in this market are 3M Company (U.S.), Nitto Denko Corporation (Japan), Tesa SE (Germany), Avery Dennison Corporation (U.S.), Henkel AG & Company KGaA (Germany), Intertape Polymer Group (Canada), Lintec Corporation (Japan), Shurtape Technologies, Llc. (Canada), Scapa Group Plc (U.K.), and Lohmann GmbH & Co.KG (Germany), and so on.

Target Audience

  • Automotive Adhesive Tapes Producers
  • Automotive Adhesive Tapes Traders, Distributors, and Suppliers
  • Manufacturers in End-use Industries
  • Associations and Industry Bodies
  • Investment research firms

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Interior application segment is the biggest application

Among the applications, the interior segment accounts for the largest share in the automotive adhesive tapes market. In terms of volume, the interior application accounted for a share of 48.4% in 2014. It is projected to be the fastest-growing application of the automotive adhesive tapes market between 2015 and 2020. It is growing due to growth in the Wire Harness and the Noise, Vibration & Harshness (NVH) application sub-segments.

Exterior application is the second-biggest segment

Exterior application accounts for the second-largest share in the automotive adhesive tapes market. It is growing due to growth in the masking and labelling application sub-segments.

Asia-Pacific is the biggest regional market

The automotive adhesive tapes market in Asia-Pacific accounted for the largest share by volume, of the ****** automotive adhesive tapes market in 2014. The Asia-Pacific market is expected to continue its dominance in the respective market till 2020 owing to the increasing production of automotive and components from developing countries, such as India and China. The major market player in automotive adhesive tapes market 3M (U.S.) and other ****** players are expanding their reach into the Asia-Pacific market seeing the lucrative business opportunities in this region. This market is mainly driven by factors such as growing populations, increasing disposable income, and the growing automotive industry. Among the countries in the RoW region, Brazil is the largest prospect for the automotive adhesive tapes market. Growth in the Brazil market is mainly attributed to the increasing population, and rising number of vehicle production YoY in the region.

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