Europe Automotive Adhesive Tapes Market Size & Outlook
Europe automotive adhesive tapes market, 2018-2030 (US$M)
Europe automotive adhesive tapes market highlights
- The Europe automotive adhesive tapes market generated a revenue of USD 959.6 million in 2022.
- The market is expected to grow at a CAGR of 5.3% from 2023 to 2030.
- In terms of segment, solvent-based adhesive tapes was the largest revenue generating product in 2022.
- Emulsion-based Adhesive Tapes is the most lucrative product segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2022 | USD 959.6 million |
| Market revenue in 2030 | USD 1,446.1 million |
| Growth rate | 5.3% (CAGR from 2022 to 2030) |
| Largest segment | Solvent-based adhesive tapes |
| Fastest growing segment | Emulsion-based Adhesive Tapes |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solvent-based Adhesive Tapes, Emulsion-based Adhesive Tapes, Hot Melt Adhesive Tapes, Radiation Adhesive Tapes |
| Key market players worldwide | Sika AG, 3M Co, Nitto Denko Corp, PPG Industries Inc, Avery Dennison Corp, Compagnie de Saint-Gobain SA, Berry Global Group Inc, LINTEC Corp |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.9% of the global automotive adhesive tapes market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 288.5 million by 2030.
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Automotive Adhesive Tapes Market Scope
Automotive Adhesive Tapes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe automotive adhesive tapes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive adhesive tapes market will help companies and investors design strategic landscapes.
Solvent-based adhesive tapes was the largest segment with a revenue share of 40.13% in 2022. Horizon Databook has segmented the Europe automotive adhesive tapes market based on solvent-based adhesive tapes, emulsion-based adhesive tapes, hot melt adhesive tapes, radiation adhesive tapes covering the revenue growth of each sub-segment from 2018 to 2030.
Europe accounted for the largest region for automotive adhesive tapes market revenue share of over 27% in 2020. Growth in sales of electric vehicles is predicted to offer a competitive dynamic to the automotive market in Europe. However, trade instability between Europe and the U.S., owing to tariffs imposed by both parties on automotive imports may influence the automotive production in Europe, thereby affecting the market.
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Our clientele includes a mix of automotive adhesive tapes market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe automotive adhesive tapes market , including forecasts for subscribers. This continent databook contains high-level insights into Europe automotive adhesive tapes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe Automotive Adhesive Tapes Market Outlook Share, 2022 & 2030 (US$M)
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