Check Out Which Regions Lead the Growth of Automotive Adhesive Tapes Market Between 2015 and 2020?


Posted February 20, 2019 by abhijeetw1

The global 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.

 
The global 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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An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. 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
For More Info: https://www.marketsandmarkets.com/Market-Reports/automotive-adhesive-tapes-market-209565940.html

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 global 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 global players are expanding their reach into the Asia-Pacific market seeing the lucrative business opportunities in this region.

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Issued By marketsandmarkets
Country United States
Categories Business , Industry , Manufacturing
Tags automotive , automotive adhesive tapes , automotive adhesive tapes market
Last Updated February 20, 2019