Acrylic foam tapes have excellent ageing and weathering properties and can withstand extreme heat. Industries that use tapes require them to be time- and cost-efficient in addition to being long-lasting. Acrylic Foam Tapes Market is anticipated to grow at a solid CAGR during the forecast period due to increased demand from end-use sectors, like the furniture industry, for products with superior aesthetic quality. Acrylic foam tapes allow manufacturers to freely change their patterns while still maintaining a solid bond on novel materials.
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Variances in their physical properties, such as density and thickness, enable the extensive applicability of foam tapes across a variety of end use applications, and these variations will spur the market’s growth over the projection period. Acrylic foam tapes don’t require any mixing, unlike liquid adhesives. Tapes are preferred over liquid adhesives due of the short preparation and cleanup times.
Additionally, because they are resistant to clotting and drying out, acrylic foam tapes have a longer shelf life. The decline in manufacturing, which uses acrylic foam tapes extensively, is expected to impede the expansion of the global acrylic foam tapes market.
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Acrylic Foam Tapes Market: Market Segmentation
On the basis of product type
- Double Sided Acrylic Foam Tapes
- Single Sided Acrylic Foam Tapes
On the basis of end use industry
- Automotive industry
- Building & Construction
- General Industrial
- Electronics
- Aerospace
- Others
On the basis of backing material type
- Polyester & Polyether Urethane
- PVC Vinyl
- Vinyl Nitrile
- PVC
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Acrylic Foam Tapes Market: Regional Outlook
On the basis of geography, the global acrylic foam tapes market can be segmented into Latin America, North America, Europe, Asia Pacific, and Middle East & Africa. North America is currently leading the global acrylic foam tapes market due to a well-established automotive and construction industry in the region.
Asia Pacific is expected to grow at a steady pace due to rapid industrialization in economies such as India and China. Latin America is expected to witness sluggish growth over the forecast period due to a slow paced economy in the region. The growth in the Middle East & Africa region is attributed to the growing construction industry in the region.
Acrylic Foam Tapes Market: Key players
Some of the key players operating in the global acrylic foam tapes market are Seal King Ind Co., Ltd., Lamatek, Inc., the 3M Company, AFT Company, Adhere Industrial Tapes Ltd, Lynvale Ltd, GPI Corporation (M) Sdn Bhd, and Wuxi Canaan Adhesive Technology Co., Ltd.
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