Global Acrylic Foam Tape Market Overview
Acrylic Foam Tape Market, was valued at USD 2.5 Billion in 2024 and is projected to grow at a CAGR of 7.9% to reach USD 4.8 Billion by 2034.
Acrylic Foam Tape (like our Ultra High Bond line) is made of a red liner covering a layer of foam core that has been covered in acrylic glue on both sides. Compared to most other tapes, it is stronger and will endure longer, especially in harsh conditions like direct sunlight or extremely cold temperatures. A layer of adhesive that has been diluted with water or solvent for easier coating to the film is usually coated to manufacture acrylic packaging tapes. When coated, the acrylic adhesive is left behind when the water or solvent is removed and then replaced with an oven heating system.
In automotive and other transportation-related vehicles, acrylic foam tape has taken the place of screws, adhesives, rivets, and bolts. Manufacturers used to have to use metal fasteners, but these had a lot of drawbacks, like the possibility of rusting over time. This sticky tape, on the other hand, solves two problems with one and is rust-free and water-tight/air-tight.
Acrylic foam tapes are also used for marine creation, steel fabrication, and window fabrication, which are attributable to their conformability, flexibility, and compressibility. Thus, these tapes are also ideal for outside and indoor usage, attributable to their excessive durability and more desirable thermal resistance properties. It is used in the furniture, automotive, electronics, and other general applications requiring for bonding for the mounting and bonding of different parts.
Global Acrylic Foam Tape Market Drivers & Restraints
Acrylic Foam Tape Market, Key Drivers:
Increasing Demand for Product Longevity
- Compared to automotive tapes, welded metal-to-metal bonding requires far more certifications, training, and inspections, which raises labor expenses. Application of adhesive tape yields higher-quality output at a lesser cost and requires little training. Because it increases sales, cutting the end product's cost helps both the manufacturer and the customer. In addition, adhesives disperse holding power along the whole bond line, in contrast to fasteners, which only do so where they are attached.
- Additionally, adhesives form a stronger bind and keep objects together far better than fasteners. Due to the increasing demand for these tapes for various end-use industry applications, such as in furniture manufacturing, the global acrylic foam tape market is expected to record significant revenue gains over the forecast period to achieve superior aesthetic appeal.
Rising Wide-Range Application of Foam Tape:
The construction, building, and automotive sectors are the main users of foam tape. The growing use of electronic devices and lightweight vehicles is driving the foam tape market. In cars, foam tape is often used for securing trim, assembling various materials, and installing badges and scripts. Additionally, a 10% decrease in vehicle weight could result in a 6-8% boost in fuel efficiency, according to a US Department of Energy research. By using foam tapes instead of traditional mechanical fasteners, weight is decreased and fuel and maintenance costs are significantly lowered.
Acrylic Foam Tape Market, Restrains:
Higher Prices of Raw Materials may hinder the growth:
- Acrylic foam tapes are manufactured using several types of raw materials, such as polyester, polyether urethane, vinyl nitrile, and polyvinyl chloride. The majority of these raw materials are derivatives derived from petroleum and are, therefore, susceptible to changes in crude oil prices. Manufacturers and converters like Henkel, 3M, H.B. Fuller, and Sika AG raise the costs of raw materials like adhesives, backing materials, and release liners, which drives up the cost of foam tape. The rise in the price of foam tape products has an impact on the market globally for end users in the automotive and building and construction industries.
Supply Chain Disruptions:
- The recession has led to supply chain issues, which have affected the availability and price of the raw materials and parts required for the production of acrylic foam tape. The coronavirus pandemic has had a significant impact on the global supply chain for the high-density acrylic foam tape market, resulting in a cessation of production and a decrease in manufacturing activities.
Acrylic Foam Tape Market, Opportunities:
- The market for Acrylic Foam Tape is the need for biodegradable and environmentally friendly foam has increased over the past several years as a result of strict environmental protection regulations and consumer preferences. Because the development of hot-melt-based and UV hot-melt-based technologies, manufacturers or converters of foam tape can now coat tapes on P.E., PU, and acrylic foam types without releasing any solvents or water. Hot-melt and UV hot-melt technology are becoming more and more popular, especially in the Asia Pacific region. New developments such as curable foam tape (U.V. and E.B., or both rubber and acrylic systems) are centred on specialty tapes.
Global Acrylic Foam Tape Market Segmentations & Regional Insights
Animal Shelter Software Market is segmented based on by Type, by Application Insights and Region.
Type Insights:
- Single Sided Tape: This type of foam tape is suitable for sealing and insulation applications in different industries such as construction and automotive. Single-sided tapes with split roll widths and lengths that are not conventional, together with customized alternatives for practical and simple-to-use adhesive components.
- Double Sided Tape: The ability to adhere to two surfaces is unique to a double-sided tape. Double-sided foam tapes may be used for hole filling, packing, acoustic dampening, thermal insulation, and temporary or everlasting fixing. Excellent dampening properties and high strength of double-sided foam tapes are projected to push their demand across different industry verticals.
- Self-Stick Tape: Self-stick tape is usually a pressure sensitive. The self-stick part just means that no additional steps are needed, like reacting for a super glue, melting for a hot melt, etc. it functions by having a surface that only sticks to itself. This is accomplished by using materials, such silicone, that have been specially coated or treated to enable the tape to stick to itself but no other surfaces.
Application Insights:
- Automotive: The market's largest contributor, the automotive sector, is anticipated to expand at a robust compound annual growth rate (CAGR) over the forecast period. Foam tape improves and streamlines a vehicle's appearance and functionality. In addition, it lessens the need for bolts, rivets, and screws and lessens the chance that rust will form when exposed to rain and other environmental factors. By absorbing vibration and sound, foam tape can lessen rattling and muffle noises, improving the end-user's experience.
- Building & Construction: the Building and construction tapes are used to remodel the building structure, insulate the building, paint, and hold or bundle wires. Buildings’ systems and components require proper protection from adverse weather conditions, external forces, pollution, cracks, excess sounds/vibrations and multiple other factors that harm the well-being of the construction. Building and construction tapes address acoustic, sealing, waterproofing and fireproofing obstacles/challenges.
- Home Appliances: acrylic foam tapes are also widely utilized in the production of home appliances, specifically in the white goods sector. Kitchen tops, ovens, refrigerators, dishwashers, and coffeemakers are just a few examples of the appliances that can benefit from the exceptional bonding properties of AFTC Industrial Silver Tapes.
- Electronics: This sector are used to insulate wires and cables in electronics that have electricity running through them. These foam tapes are pleasant to use, simple to apply, and extremely effective. The tape provides protection from gasketing, overheating, static for EMI/RFI shielding and helps reduce the friction which can be for any electronics chronic gadget.
Regional Insights:
Acrylic Foam Tape Market, Regional Insights:
- North America it is expected to witness dynamic growth in the foam tape market during the forecast period owing to the well-established construction and automotive industries in the region. Foam tapes offer high-temperature resistance and low fogging in automotive manufacturing. Due to the high penetration of healthcare and automotive industries, the region is expected to lead the global foam tape market during the forecast period. Polyurethane foam is associated with environmental benefits such as energy efficiency and reduced weight, which drive its adoption in the automotive industry.
- Asia Pacific the Asia-Pacific region is the largest contributor to the market and is expected to grow at a healthy CAGR during the forecast period owing to the increasing demand from automotive, building and construction, and electronics sectors in economies such as China, India, South Korea, and others. Population growth, along with the growth of industries such as food & beverage and hygiene products, is also generating significant demand for foam tapes in the Asia Pacific.
- The European it is expected to witness significant growth in the foam tape market during the forecast period due to new technological implementations in the automotive sector for vehicle production. Furthermore, Europe's automotive sector is focusing on green vehicles, the de-carbonization of conventional engines, information technology infrastructure, and safety. Increasing demand for electrically-conductive tapes for electronic shielding is further expected to foster market growth in the coming years.
- Latin America it is expected to witness moderate growth in the global foam tape market during the forecast period. The market in this region is mainly driven by consumer demand from the electronic sector. The robust growth of the electronics sector is supported by several economic indicators and factors, such as the UAE's fast-growing population and an increasing number of tourists. South American countries are witnessing industrial growth, which will drive the growth of the foam tape market in the region.
- Middle East & Africa the demand for Acrylic Foam Tape is anticipated to grow at a slow pace due to the lower level of industrial development and limited applications of the product
Report Scope:
Attribute |
Details |
Market Size 2024 |
US$ 2.5 billion |
Projected Market Size 2034 |
US$ 4.8 billion |
CAGR Growth Rate |
7.9% |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Market Segmentation |
By Type - Single Sided Tape, Double Sided Tape, and Self-Stick Tape By Application - Automotive, Building and Construction, Home appliances, Electronics |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the Acrylic Foam Tape Market, report based on type, application and region:
Acrylic Foam Tape Market, By Type:
- Single Sided Tape
- Double Sided Tape
- Self-Stick Tape
Acrylic Foam Tape Market, By Application:
- Automotive
- Building and Construction
- Home appliances
- Electronics
Acrylic Foam Tape Market, By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
Global Acrylic Foam Tape Market Competitive Landscape & Key Players
The key players operating the Acrylic Foam Tape Market, include 3M Company, Nitto Denko Corporation, Beiersdorf AG, Intertape Polymer Group, Inc., Avery Dennison Corporation, Scapa Group Plc, Compagnie de Saint-Gobain S.A, Teraoka Seiko Company Ltd., Achem Technology (Shanghai) Co., Ltd, Adhesive Application, Inc.
Global Acrylic Foam Tape Market Recent News
- In August 2022, Lohmann has launched an adhesive tape for the flexographic printing industry with an exceptionally high grip to the sleeve. Duplo FLEX(R) 5 GRIP increases press uptime while maintaining ease of demounting.
- In June 2019, RPM's Tremco business acquired Schul International Co., LLC, a manufacturer of joint sealants for commercial construction, and Willseal LLC, a company that markets and sells Schul products. Schul's product line consists primarily of pre-compressed, self-expanding foam tapes used for sealing joints in applications including window seals, prefabricated concrete, modular construction, and concrete facade restoration.
Global Acrylic Foam Tape Market Company Profile
- 3M Company
- Nitto Denko Corporation,
- Beiersdorf AG
- Intertape Polymer Group, Inc.
- Avery Dennison Corporation
- Scapa Group Plc,
- Compagnie de Saint-Gobain S.A
- Teraoka Seiko Company Ltd.
- Achem Technology (Shanghai) Co., Ltd
- Adhesive Application, Inc.
FAQs
The Acrylic Foam Tape Market is segmented into Type, Application and Region
Various factors contribute to the growth of the Acrylic Foam Tape Market, including the increasing demand for high-performance bonding solutions in various industries, technological advancements in adhesive technologies, and the growing trend of lightweight and durable materials. These elements collectively drive the expansion of the market.
Despite its growth, the Acrylic Foam Tape Market faces challenges such as competition from other adhesive technologies, fluctuations in raw material prices, and regulatory constraints, which may hinder its global expansion.
By region, the target market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is estimated to witness a significantly high revenue share over the forecast period, indicating its dominance in the Acrylic Foam Tape Market.
The key players in the adhesive tapes market include 3M Company, Nitto Denko Corporation, Beiersdorf AG, Intertape Polymer Group, Inc., Avery Dennison Corporation, Scapa Group plc, Compagnie de Saint-Gobain S.A., Teraoka Seiko Company Ltd., Achem Technology (Shanghai) Co., Ltd., and Adhesive Applications, Inc.