Global Acrylic Foam Tapes Market was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2026 at a CAGR of 7.3% during the forecast period.

Acrylic foam tape is the replacement of mechanical fasteners where a very high strength of bonding is required. It has excellent aging and weathering properties and can withstand high thermal temperature. The acrylic foam tapes market is expected to witness a healthy CAGR over the forecast period.

The report covers the detailed analysis of the Global acrylic foam tapes industry with the classifications of the market on the basis of product type, end-use industry and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key player's contribution in it.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.

Global Acrylic Foam Tapes Market Region

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The report has profiled fifteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation of market size. Manufacturing environment in each region is different and focus is given to regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed.
Global Acrylic Foam Tapes Market Dynamics

The shock absorption capability, good anti-aging properties, huge internal strength, good flexibility reducing peeling stress along with eco-friendly concept of acrylic foam tape are expected growth drivers for the global market. The good ant-vibration properties, long-term holding power, excellent resistance to moisture & solvent and excellent conformity are some properties, which drive the global market growth by increasing demand in manufacturing sector.

The government regulations restricting the use of banned chemicals from various economies especially in the US, are expected to restraint the growth of acrylic foam tapes market. Slowdown in the manufacturing industry where acrylic foam tapes are extensively utilized, is also hampering growth of market since 2017.

Customization of the acrylic foam tapes according to need of end users is likely to create new opportunities for global acrylic foam tapes market during the forecast period.
Global Acrylic Foam Tapes Market Segment Analysis

The double sided acrylic foam tapes segment is expected to grow at faster growth rate compared with single sided acrylic foam tapes. The double sided acrylic foam tapes accounted XX% of global market shares in 2019. The Asia-Pacific is the biggest market and allows healthy growth rate for double sided acrylic foam tapes market. The growth in demand from automotive industry and building & Construction sector propels the growth in Asia-Pacific. The double sided acrylic foam tapes market is expected grow at a CAGR of XX% during the forecast period to reach US$ XX Bn by 2026.

Global Acrylic Foam Tapes Market by Type

Automotive industry has been showing major growth in demand for acrylic foam tapes market in Europe, North America and Asia-Pacific regions. The production growth of automotive components such as plate panels, roof molding, outer belt moldings, rocker panels, emblem & nameplates, rear spoilers, body & bumper side moldings, side mirrors, drives the growth of the global market for automotive sector. The automotive industry segment was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn in 2026 at a CAGR of XX% during the forecast period.

Global Acrylic Foam Tapes Market End use
Acrylic Foam Tapes Market Regional Insights

Global Acrylic Foam Tapes Market

The acrylic foam tapes market has growth supportive environment in the Asia-Pacific. The Asia-Pacific held more than 40% of the global market shares in 2019 and is expected to grow at CAGR of 6.8% during the forecast period to reach US$ XX Bn by 2026. The growing automotive and construction sector drives acrylic foam tapes market by creating growth in demand. The China and India are the major economies who propel growth of market in Asia-Pacific, they held near about 42% and 33% shares respectively of the Asia-pacific acrylic foam tapes market in 2019 and expected to help in growth of Asia-pacific market to reach US$ XX Bn by 2026.
Global Acrylic Foam Tapes Market Scope: Inquire before buying

The report helps in understanding acrylic foam tapes market dynamics, structure, by analyzing the market segments and projects the acrylic foam tapes market size. The clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global acrylic foam tapes market make the report investor’s guide.

The report provides a detailed study of the key players of the global acrylic foam tapes market with their growth by conserving past data. In addition to that, report helps reader with the company profile, Company Overview, Financial Overview, Product Portfolio, Business Strategy, Recent Developments and Development Footprint analysis and growth strategies for each.

Global Acrylic Foam Tapes Market table
Global Acrylic Foam Tapes Market, by Region

• North America
• Asia-Pacific
• Latin America
• Europe
• Middle East & Africa
Global Acrylic Foam Tapes Market Key Players

• Seal King Ind Co. Ltd.
• Lamatek Inc.
• 3M Company
• AFT Company
• Adhere Industrial Tapes Ltd.
• GPI Corporation (M) Sdn Bhd
• Wuxi Canaan Adhesive Technology Co. Ltd.
• Helipro Tapes Sdn Bhd
• Speciality Tapes Industry
• AFTC
• Kubhera Insulation
• Foshan Jintuo Adhesive Products Co. Ltd.
• Himark (USA) Inc.
• Nippon Industries
• Shenzhen Xinst Technology Co. Ltd.

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