Increasing demand for these products form the construction and automobile industry is major factor projected to drive growth of the global market over the forecast period.
The global acrylic foam tape market report has been segmented on the basis of basis of product type, application, end-use, and region.
On the basis of product type, the global acrylic foam tape market has been segmented into single sided foam tapes and double sided foam tapes. The double sided foam tapes segment is expected to account for major share in terms of revenue in the global acrylic foam tape market, owing to increasing demand form construction and automobile industries. The double sided foam tapes segment revenue is also anticipated to register highest CAGR over the forecast.
On the basis of end-use, the global acrylic foam tape market has been segmented into automotive, healthcare, consumer goods, construction, and graphics. The construction segment is estimated to account for significant revenue share in the global market in terms of revenue. The construction segment revenue is also anticipated to register highest CAGR over the forecast.
On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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North America market is estimated to dominate with significant revenue share in the global market in 2017. Asia Pacific market is projected to register highest CAGR in terms of revenue in the next 10 years, owing to increasing demand of these products for metal fabrication, glass lamination, fixing of vehicle panel, among others in construction and automobile industries in the countries in this region.
Key players operating in the global market include SEAL KING IND CO., LTD., Helipro Tapes Sdn. Bhd., 3M Company, Speciality Tapes Industry, AFTCGROUP, Kubhera Insulation, LAMATEK, Inc., Foshan Jintuo Adhesive Products Co., Ltd., Nippon Industries, Inc., and Highmark Inc.