Double-sided tape is pressure-sensitive tape that is coated with adhesives on both sides. This tape is different from normal tape based on its suitability and utility for various applications. It is designed to stick two surfaces together in a way that they are not visible in the end product. The global double sided tape market is growing at a good pace, owing to its growing application in various industries such as automotive, building and construction, electrical and electronics, and others.

The double-sided tape market is segmented into acrylic, rubber, silicone, and others. In the coming years, the silicon type category is anticipated to register the highest growth in the market.

Based on technology, the double-sided tape market is categorized into solvent-based, water-based, and hot melt. In the coming years, the hot melt category is expected to hold the largest share in the overall market, owing to the various advantages it offers over other types.

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Based on end-user, the market is categorized into electrical and electronics, building and construction, paper and print, and others. Of all end users, the paper and print industry is the largest user in the double-sided tape market and is anticipated to register the highest growth in the market during the forecast period.

Increasing use and demand of these tapes in various applications, growing demand for acrylic and polyethylene form backed double-sided tape are the major factors driving the growth of the global double-sided tape market. The demand for these tapes is increasing in the market due to their wide application range in innovative applications.

The major challenges faced by the double-sided tape market which are hindering the market growth are the high price of this tape as compared to normal tape and paper/tissue backed tapes are prone to moisture.

A wide range of double-sided tape is available in the market for a wide range of applications. Also, the double-sided tape market is fragmented with the presence of a large number of players in the market.

Asia-Pacific is expected to register the highest growth in the double-sided tape market during the forecast period. The rising demand of this tape for various applications from emerging countries such as China, South Korea, Vietnam, and India are expected to drive the market growth, due to the rapid industrialization in these countries, which is also attracting foreign investors to invest in the region, fueling the growth of the market.

3M Company, Nitto Denko Corporation, TESA SE, Avery Dennison Corporation, Lintec Corporation, Intertape Polymer Group, Inc., Shurtape Technologies, LLC., Lohmann GmbH & Co. Kg, Nichiban Co. Ltd. and Mactac, LLC are some of the key players offering different double-sided tape.

Source: VynZ Research