Global Market for Water-Based Adhesive Specialty Tapes is Anticipated to grow at a Significant Pace i.e., USD 8.5 Billion during the Forecast Period 2021-2027

Published Date: Dec, 2021

The global water-based adhesive specialty tapes market is expected to witness a CAGR of 6.67% during the forecast period. Factors attributing to the growth of the water-based adhesive specialty tapes include the escalating automotive industry and introduction of new vehicles, rising product demand from the healthcare sector, and advantages associated with water-based adhesive specialty tapes over traditional bonding techniques such as high tack, perfect shear strength with instant bond.

In November 2021 HB Fuller Company has launched a new generation of high-performance water-based adhesives with Swift® tak 5730 grade to create consumer-safe, liquid-resistant paper straws as it provides superior performance, is consistent, sustainable, easily machinable, and increases the overall productivity.

The COVID-19 outbreak has a neutral impact on the water-based adhesive specialty tapes market even though there were strict lockdowns and sealing of international borders. There was a disruption in the supply of raw material that was required for adhesives and sealants and also various sectors using adhesives and sealants having varied in their demand owing to the outbreak and a huge reduction in oil prices.  

Browse 43 market data Tables and 30 Figures spread through 200 Pages and in-depth TOC on " Water-Based Adhesive Specialty Tapes Market by Resin Type (Acrylic Polymer Emulsion (APE), Styrene Butadiene (SB) Latex, Polyvinyl Acetate (PVA) Emulsion, Polyurethane Dispersion (PUD), and Vinyl Acetate Ethylene (VAE) Emulsion and Others), by Application (Tapes and Labels, Paper and Packaging, Building and Construction, Automotive and Transportation, Consumer, Leather & Footwear, Sports & Leisure, Assembly, and Others), and Region - Global Forecast to 2027"

By application, the building & construction industry to hold a significant share during the forecast period.

Based on application, the building and construction industry holds a significant share in the water-based adhesive specialty tapes market owing to the increased demand for these adhesives in different applications like waterproofing, coatings, and mortar modifications. In addition, the advancement of smart cities and affordable housing is anticipated to surge the demand for PVA-emulsion adhesive specialty tapes in the construction industry.

Global Water-Based Adhesive Specialty Tapes Market Segmentation Analysis

Segment

Categorization

Leading Category

Resin Type

Acrylic Polymer Emulsion (APE), Styrene Butadiene (SB) Latex, Polyvinyl Acetate (PVA) Emulsion, Polyurethane Dispersion (PUD), and Vinyl Acetate Ethylene (VAE) Emulsion and Others

Polyvinyl Acetate (PVA) Emulsion (Largest)

 

Application

Tapes and Labels, Paper and Packaging, Building and Construction, Automotive and Transportation, Consumer, Leather & Footwear, Sports & Leisure, Assembly, and Others

Tapes and Labels (Fastest) 

Building & Construction (Significant Share)

Region

North America, Europe, Asia-Pacific, and Rest of the World

Asia-Pacific (Largest)

Europe (Strong Growth)

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“Asia-Pacific to hold the largest regional market share in 2020.”

Asia-Pacific dominates the water-based adhesive specialty tapes market owing to the rising population which is a significant driver for various sectors like the paper and packaging industry, carpentry, building, and construction industry, automotive, and transportation to use water-based adhesive specialty tapes, resulting in the growth of the market.

North America may experience an upward trend in the water-based adhesive specialty tapes market owing to government-established policies for green products and opportunities to increase the construction business in the region.

Some of the major players in the global Water-Based Adhesive Specialty Tapes market include Dymax, 3M, Bostik, NITTO DENKO CORPORATION, HB Fuller Company, LINTEC Corporation, Henkel AG & Co. KGaA, AVERY DENNISON CORPORATION, Intertape Polymer Group, and Lohmann GmbH & Co.KG.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2020

Base Year

2020

Forecast Period

2021–2027

Segments Covered in the Study

Resin type, Application, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

Dymax, 3M, Bostik, NITTO DENKO CORPORATION, HB Fuller Company, LINTEC Corporation, Henkel AG & Co. KGaA, AVERY DENNISON CORPORATION, Intertape Polymer Group, and Lohmann GmbH & Co.KG.

 

Global Water-Based Adhesive Specialty Tapes Market Coverage

Resin Type Insight and Forecast 2015-2027

  • Acrylic Polymer Emulsion (APE)
  • Styrene Butadiene (SB) Latex
  • Polyvinyl Acetate (PVA) Emulsion
  • Polyurethane Dispersion (PUD)
  •  Vinyl Acetate Ethylene (VAE) Emulsion
  • Others

Application Insight and Forecast 2015-2027

  • Tapes and Labels
  • Paper and Packaging
  • Building and Construction
  • Automotive and Transportation
  • Consumer
  • Leather & Footwear
  • Sports & Leisure
  • Assembly
  • Others

Geographical Segmentation

Water-Based Adhesive Specialty Tapes Market by Region

North America

  • By Resin Type
  • By Application
  • By Country – U.S., Canada, and Mexico

Europe

  • By Resin Type
  • By Application
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Resin Type
  • By Application
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Resin Type
  • By Application
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries

 

 

Our Industry
Global Market for Water-Based Adhesive Specialty Tapes is Anticipated to grow at a Significant Pace i.e., USD 8.5 Billion during the Forecast Period 2021-2027