Foam Tape Market Competitive Landscape and Industry Analysis Research Report by 2028

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The silicon foam type segment is expected to register the highest CAGR during the forecast period.

The Foam Tape Market is heavily consolidated owing to a large number of global, regional, and local key contenders having already established a significant footing. The key participants dominate the operations in the industry with their extensive geographical coverage and huge production facilities. Players operating in this market are in intense competition in terms of technological innovations, product development, and product pricing. To gain a competitive edge over the other competitors in the industry, the leading players are focusing more on ways to offer products at attractive prices.

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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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