Product Code: CM12248
The value of the global water-based-adhesive specialty tapes market will increase from $5,093.2 million in 2020 to $9,514.9 million by 2030, at a 6.5% CAGR between 2020 and 2030.
The COVID-19 pandemic had a neutral impact on the water-based-adhesive specialty tapes market, as the supply of raw materials was not significantly impacted. Moreover, the pandemic, combined with the crashing crude prices, led to varying levels of demand for such tapes from the end-use industries, such as commercial construction and infrastructure. However, the demand for such materials in the medical device and residential construction sectors has risen.
The polyvinyl acetate (PVA) emulsion category is set to hold the largest value and volume shares in the water-based-adhesive specialty tapes market in the coming years, based on resin type. The clear, hard films produced by PVA emulsion show strong resistance against environmental forces, oils, greases, petroleum products, and water.
The electric vehicle bifurcation, within the industry segment, will witness the higher CAGR in the water-based-adhesive specialty tapes market in the coming years. In EVs, such tapes are used for covering the gaps, compensating for evenness, and for bonding purposes in the battery. Other prominent applications of such tapes in EVs are motor assembly, insulation, and wire harnessing.
The market is growing on account of:
- Booming Automotive Production: Double-sided tapes, foam tapes, and protection tapes containing water-based adhesives are widely used in the automotive industry, as they are easy to apply and remove. Therefore, with the global vehicle production already touching 21,084,417 units during January-March 2021, as per Organisation Internationale des Constructeurs d'Automobiles (OICA), the demand for such tapes will only burgeon.
- Growing Demand from Healthcare Industry: With the increasing incidence of chronic and acute diseases, injuries, burns, and other health issues, the healthcare sector is growing. This is propelling the water-based-adhesive specialty tapes market because such tapes are applied on incisions and wounds. Such tapes hold tightly to band-aids, dressings, and the skin, and they have antigenic properties.
The Asia-Pacific (APAC) region dominated the water-based-adhesive specialty tapes market in the past due to the growing medical device, automotive, and electronics production. This is itself attributed to the increasing disposable income and rapid economic growth in regional countries.
Key organizations competing in the global water-based-adhesive specialty tapes market are: 3M Company, tesa SE, Nitto Denko Corporation, LINTEC Corporation, Intertape Polymer Group Inc., Avery Dennison Corporation, Shurtape Technologies LLC, Lohmann GmbH & Co. KG, Nichiban Co. Ltd., and Scapa Group plc.
Table of Contents
Chapter 1. Research Background
- 1.1 Research Objectives
- 1.2 Market Definition
- 1.3 Research Scope
- 1.3.1 Market Segmentation by Resin Type
- 1.3.2 Market Segmentation by Geography
- 1.3.3 Market Segmentation by Country
- 1.3.4 Analysis Period
- 1.3.5 Market Data Reporting Unit
- 1.3.5.1 Value
- 1.3.5.2 Volume
- 1.4 Key Stakeholders
Chapter 2. Research Methodology
- 2.1 Secondary Research
- 2.1.1 Paid
- 2.1.2 Unpaid
- 2.1.3 P&S Intelligence Database
- 2.2 Primary Research
- 2.2.1 Breakdown of Primary Research, by Region
- 2.2.2 Breakdown of Primary Research, by Industry Participant
- 2.2.3 Breakdown of Primary Research, by Company Type
- 2.3 Market Size Estimation
- 2.4 Data Triangulation
- 2.5 Currency Conversion Rates
- 2.6 Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Introduction
- 4.1 Definition of Market Segments
- 4.1.1 By Resin Type
- 4.1.1.1 APE
- 4.1.1.2 PVA Emulsion
- 4.1.1.3 VAE Emulsion
- 4.1.1.4 SB Latex
- 4.1.1.5 PUD
- 4.1.1.6 Others
- 4.1.2 By Industry
- 4.1.2.1 Construction
- 4.1.2.2 Automotive
- 4.1.2.2.1 Electric vehicles
- 4.1.2.2.2 Others
- 4.1.2.3 Others
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.1.1 Expanding automotive industry
- 4.2.1.2 Increasing demand from the healthcare industry
- 4.2.1.3 Enhanced benefits of water-based adhesive specialty tapes as compared to traditional bonding methods
- 4.2.1.4 Impact analysis of drivers on market forecast
- 4.2.2 Restraints
- 4.2.2.1 Stringent regulatory norms due to health concerns
- 4.2.2.2 Increase in raw material prices
- 4.2.2.3 Impact analysis of restraints on market forecast
- 4.3 Impact of COVID-19 on Water-Based Adhesive Specialty Tapes Market
- 4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Buyers
- 4.4.2 Bargaining Power of Suppliers
- 4.4.3 Intensity of Rivalry
- 4.4.4 Threat of New Entrants
- 4.4.5 Threat of Substitutes
Chapter 5. Global Market Size and Forecast
- 5.1 Overview
- 5.2 By Resin Type
- 5.2.1 APE, by Industry
- 5.2.1.1 Automotive, by vehicle type
- 5.2.2 PVA Emulsion, by Industry
- 5.2.2.1 Automotive, by vehicle type
- 5.2.3 VAE Emulsion, by Industry
- 5.2.3.1 Automotive, by vehicle type
- 5.2.4 SB Latex, by Industry
- 5.2.4.1 Automotive, by vehicle type
- 5.2.5 PUD, by Industry
- 5.2.5.1 Automotive, by vehicle type
- 5.3 By Region
Chapter 6. North America Market Size and Forecast
- 6.1 By Resin Type
- 6.1.1 APE, by Industry
- 6.1.1.1 Automotive, by vehicle type
- 6.1.2 PVA Emulsion, by Industry
- 6.1.2.1 Automotive, by vehicle type
- 6.1.3 VAE Emulsion, by Industry
- 6.1.3.1 Automotive, by vehicle type
- 6.1.4 SB Latex, by Industry
- 6.1.4.1 Automotive, by vehicle type
- 6.1.5 PUD, by Industry
- 6.1.5.1 Automotive, by vehicle type
- 6.2 By Country
Chapter 7. Europe Market Size and Forecast
- 7.1 By Resin Type
- 7.1.1 APE, by Industry
- 7.1.1.1 Automotive, by vehicle type
- 7.1.2 PVA Emulsion, by Industry
- 7.1.2.1 Automotive, by vehicle type
- 7.1.3 VAE Emulsion, by Industry
- 7.1.3.1 Automotive, by vehicle type
- 7.1.4 SB Latex, by Industry
- 7.1.4.1 Automotive, by vehicle type
- 7.1.5 PUD, by Industry
- 7.1.5.1 Automotive, by vehicle type
- 7.2 By Country
Chapter 8. APAC Market Size and Forecast
- 8.1 By Resin Type
- 8.1.1 APE, by Industry
- 8.1.1.1 Automotive, by vehicle type
- 8.1.2 PVA Emulsion, by Industry
- 8.1.2.1 Automotive, by vehicle type
- 8.1.3 VAE Emulsion, by Industry
- 8.1.3.1 Automotive, by vehicle type
- 8.1.4 SB Latex, by Industry
- 8.1.4.1 Automotive, by vehicle type
- 8.1.5 PUD, by Industry
- 8.1.5.1 Automotive, by vehicle type
- 8.2 By Country
Chapter 9. RoW Market Size and Forecast
- 9.1 By Resin Type
- 9.1.1 APE, by Industry
- 9.1.1.1 Automotive, by vehicle type
- 9.1.2 PVA Emulsion, by Industry
- 9.1.2.1 Automotive, by vehicle type
- 9.1.3 VAE Emulsion, by Industry
- 9.1.3.1 Automotive, by vehicle type
- 9.1.4 SB Latex, by Industry
- 9.1.4.1 Automotive, by vehicle type
- 9.1.5 PUD, by Industry
- 9.1.5.1 Automotive, by vehicle type
Chapter 10. U.S. Market Size and Forecast
- 10.1 By Resin Type
- 10.1.1 APE, by Industry
- 10.1.1.1 Automotive, by vehicle type
- 10.1.2 PVA Emulsion, by Industry
- 10.1.2.1 Automotive, by vehicle type
- 10.1.3 VAE Emulsion, by Industry
- 10.1.3.1 Automotive, by vehicle type
- 10.1.4 SB Latex, by Industry
- 10.1.4.1 Automotive, by vehicle type
- 10.1.5 PUD, by Industry
- 10.1.5.1 Automotive, by vehicle type
Chapter 11. Canada Market Size and Forecast
- 11.1 By Resin Type
- 11.1.1 APE, by Industry
- 11.1.1.1 Automotive, by vehicle type
- 11.1.2 PVA Emulsion, by Industry
- 11.1.2.1 Automotive, by vehicle type
- 11.1.3 VAE Emulsion, by Industry
- 11.1.3.1 Automotive, by vehicle type
- 11.1.4 SB Latex, by Industry
- 11.1.4.1 Automotive, by vehicle type
- 11.1.5 PUD, by Industry
- 11.1.5.1 Automotive, by vehicle type
Chapter 12. Germany Market Size and Forecast
- 12.1 By Resin Type
- 12.1.1 APE, by Industry
- 12.1.1.1 Automotive, by vehicle type
- 12.1.2 PVA Emulsion, by Industry
- 12.1.2.1 Automotive, by vehicle type
- 12.1.3 VAE Emulsion, by Industry
- 12.1.3.1 Automotive, by vehicle type
- 12.1.4 SB Latex, by Industry
- 12.1.4.1 Automotive, by vehicle type
- 12.1.5 PUD, by Industry
- 12.1.5.1 Automotive, by vehicle type
Chapter 13. France Market Size and Forecast
- 13.1 By Resin Type
- 13.1.1 APE, by Industry
- 13.1.1.1 Automotive, by vehicle type
- 13.1.2 PVA Emulsion, by Industry
- 13.1.2.1 Automotive, by vehicle type
- 13.1.3 VAE Emulsion, by Industry
- 13.1.3.1 Automotive, by vehicle type
- 13.1.4 SB Latex, by Industry
- 13.1.4.1 Automotive, by vehicle type
- 13.1.5 PUD, by Industry
- 13.1.5.1 Automotive, by vehicle type
Chapter 14. U.K. Market Size and Forecast
- 14.1 By Resin Type
- 14.1.1 APE, by Industry
- 14.1.1.1 Automotive, by vehicle type
- 14.1.2 PVA Emulsion, by Industry
- 14.1.2.1 Automotive, by vehicle type
- 14.1.3 VAE Emulsion, by Industry
- 14.1.3.1 Automotive, by vehicle type
- 14.1.4 SB Latex, by Industry
- 14.1.4.1 Automotive, by vehicle type
- 14.1.5 PUD, by Industry
- 14.1.5.1 Automotive, by vehicle type
Chapter 15. Italy Market Size and Forecast
- 15.1 By Resin Type
- 15.1.1 APE, by Industry
- 15.1.1.1 Automotive, by vehicle type
- 15.1.2 PVA Emulsion, by Industry
- 15.1.2.1 Automotive, by vehicle type
- 15.1.3 VAE Emulsion, by Industry
- 15.1.3.1 Automotive, by vehicle type
- 15.1.4 SB Latex, by Industry
- 15.1.4.1 Automotive, by vehicle type
- 15.1.5 PUD, by Industry
- 15.1.5.1 Automotive, by vehicle type
Chapter 16. Spain Market Size and Forecast
- 16.1 By Resin Type
- 16.1.1 APE, by Industry
- 16.1.1.1 Automotive, by vehicle type
- 16.1.2 PVA Emulsion, by Industry
- 16.1.2.1 Automotive, by vehicle type
- 16.1.3 VAE Emulsion, by Industry
- 16.1.3.1 Automotive, by vehicle type
- 16.1.4 SB Latex, by Industry
- 16.1.4.1 Automotive, by vehicle type
- 16.1.5 PUD, by Industry
- 16.1.5.1 Automotive, by vehicle type
Chapter 17. China Market Size and Forecast
- 17.1 By Resin Type
- 17.1.1 APE, by Industry
- 17.1.1.1 Automotive, by vehicle type
- 17.1.2 PVA Emulsion, by Industry
- 17.1.2.1 Automotive, by vehicle type
- 17.1.3 VAE Emulsion, by Industry
- 17.1.3.1 Automotive, by vehicle type
- 17.1.4 SB Latex, by Industry
- 17.1.4.1 Automotive, by vehicle type
- 17.1.5 PUD, by Industry
- 17.1.5.1 Automotive, by vehicle type
Chapter 18. Japan Market Size and Forecast
- 18.1 By Resin Type
- 18.1.1 APE, by Industry
- 18.1.1.1 Automotive, by vehicle type
- 18.1.2 PVA Emulsion, by Industry
- 18.1.2.1 Automotive, by vehicle type
- 18.1.3 VAE Emulsion, by Industry
- 18.1.3.1 Automotive, by vehicle type
- 18.1.4 SB Latex, by Industry
- 18.1.4.1 Automotive, by vehicle type
- 18.1.5 PUD, by Industry
- 18.1.5.1 Automotive, by vehicle type
Chapter 19. India Market Size and Forecast
- 19.1 By Resin Type
- 19.1.1 APE, by Industry
- 19.1.1.1 Automotive, by vehicle type
- 19.1.2 PVA Emulsion, by Industry
- 19.1.2.1 Automotive, by vehicle type
- 19.1.3 VAE Emulsion, by Industry
- 19.1.3.1 Automotive, by vehicle type
- 19.1.4 SB Latex, by Industry
- 19.1.4.1 Automotive, by vehicle type
- 19.1.5 PUD, by Industry
- 19.1.5.1 Automotive, by vehicle type
Chapter 20. Australia Market Size and Forecast
- 20.1 By Resin Type
- 20.1.1 APE, by Industry
- 20.1.1.1 Automotive, by vehicle type
- 20.1.2 PVA Emulsion, by Industry
- 20.1.2.1 Automotive, by vehicle type
- 20.1.3 VAE Emulsion, by Industry
- 20.1.3.1 Automotive, by vehicle type
- 20.1.4 SB Latex, by Industry
- 20.1.4.1 Automotive, by vehicle type
- 20.1.5 PUD, by Industry
- 20.1.5.1 Automotive, by vehicle type
Chapter 21. South Korea Market Size and Forecast
- 21.1 By Resin Type
- 21.1.1 APE, by Industry
- 21.1.1.1 Automotive, by vehicle type
- 21.1.2 PVA Emulsion, by Industry
- 21.1.2.1 Automotive, by vehicle type
- 21.1.3 VAE Emulsion, by Industry
- 21.1.3.1 Automotive, by vehicle type
- 21.1.4 SB Latex, by Industry
- 21.1.4.1 Automotive, by vehicle type
- 21.1.5 PUD, by Industry
- 21.1.5.1 Automotive, by vehicle type
Chapter 22. Competitive Landscape
- 22.1 Competitive Analysis of Key Players
- 22.2 Global Strategic Developments in the Market
- 22.2.1 Product Launches and Facility Expansions
- 22.2.2 Partnerships
Chapter 23. Company Profiles
- 23.1 3M Company
- 23.1.1 Business Overview
- 23.1.2 Product and Service Offerings
- 23.1.3 Key Financial Summary
- 23.2 Nitto Denko Corporation
- 23.2.1 Business Overview
- 23.2.2 Product and Service Offerings
- 23.2.3 Key Financial Summary
- 23.3 tesa SE
- 23.3.1 Business Overview
- 23.3.2 Product and Service Offerings
- 23.3.3 Key Financial Summary
- 23.4 LINTEC Corporation
- 23.4.1 Business Overview
- 23.4.2 Product and Service Offerings
- 23.4.3 Key Financial Summary
- 23.5 Shurtape Technologies LLC
- 23.5.1 Business Overview
- 23.5.2 Product and Service Offerings
- 23.6 Lohmann GmbH & Co. KG
- 23.6.1 Business Overview
- 23.6.2 Product and Service Offerings
- 23.7 Intertape Polymer Group Inc.
- 23.7.1 Business Overview
- 23.7.2 Product and Service Offerings
- 23.7.3 Key Financial Summary
- 23.8 Ashland Global Holdings Inc.
- 23.8.1 Business Overview
- 23.8.2 Product and Service Offerings
- 23.8.3 Key Financial Summary
- 23.9 Henkel AG & Co. KGaA
- 23.9.1 Business Overview
- 23.9.2 Product and Service Offerings
- 23.9.3 Key Financial Summary
- 23.10 H.B. Fuller Company
- 23.10.1 Business Overview
- 23.10.2 Product and Service Offerings
- 23.10.3 Key Financial Summary
- 23.11 Bostik
- 23.11.1 Business Overview
- 23.11.2 Product and Service Offerings
Chapter 24. Appendix
- 24.1 Abbreviations
- 24.2 Sources and References
- 24.3 Related Reports