The Global Foam Tape Market Report contains essential details of the industry, intended to help the customers identify the optimum approaches to get ahead in the market and make well-informed decisions. An extensive overview of the global sector included in the report examines vital market information to forecast the growth of the market in the forecast duration. The CAGR of the market for the coming years to 2028 has been estimated based on a detailed assessment of the market with authentic and relevant information pertaining to the different segments of the sector. The driving and restraining factors prevailing in the industry have been studied to predict their impact on the growth of the Foam Tape market in the coming years.
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Top Companies Profiled in the Report:
3M Company, Tesa SE, Denko Corporation, Lintec Corporation, Intertape Polymer Group, Inc., Avery Dennison Corporation, Scapa Group Plc, Halco, 3F, and Seal King Ind Co. Ltd.
Global Foam Tape Market: Report Highlights
A comprehensive overview of the global Foam Tape market
Rapidly changing dynamics of the Foam Tape market
Detailed information about the key factors influencing market growth
Segmentation of the Foam Tape market
Historical, present, and projected Foam Tape market in terms of volume and value
Regional landscape of the Foam Tape market
Competitive landscape of the Foam Tape market
Growth strategies adopted by key players, such as mergers acquisitions and new product launches
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Market Insights:
Resin Type Outlook:
Among the resin type segments, the acrylic resin type segment accounted for the largest revenue share in the global foam tape market in 2020, because acrylic foam tapes offer better performance as compared to others available tapes in the market. It is mostly used in aerospace, automotive and healthcare industries. Its properties such as lower tack value, high shear value, bond strength, resistance to UV rays, and excellent adhesion on plastic surfaces, makes it ideal for use in various end-use industries.
Foam Type Outlook:
The PE (Polyethylene) foam type segment accounted for the largest revenue share in the global market in 2020. High demand for PE foam type in applications which require filling of gaps between two bonded surfaces is a major factor driving revenue growth of this segment. In addition, revenue growth of the segment is attributable to adoption of PE foam tape in various applications in rapidly growing industries including automotive, and building and construction.
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