North America Automotive Adhesive Tapes Market Size & Outlook
North America automotive adhesive tapes market, 2018-2030 (US$M)
North America automotive adhesive tapes market highlights
- The North America automotive adhesive tapes market generated a revenue of USD 643.3 million in 2022.
- The market is expected to grow at a CAGR of 3.4% 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.
North America data book summary
| Market revenue in 2022 | USD 643.3 million |
| Market revenue in 2030 | USD 839.1 million |
| Growth rate | 3.4% (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, North America region accounted for 18.7% 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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North America 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 43.63% in 2022. Horizon Databook has segmented the North America 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.
The automobile manufacturing industry in North America is favorable for manufacturing operations owing to rising demand and the presence of prominent vehicle manufacturers. The presence of a robust manufacturing base in the U.S. coupled with the rapid growth of the automotive industry in Mexico is likely to augment the demand shortly.
National policies promoting the development of vehicles, fuel efficiency, and green policy are anticipated to impact future automotive trends. Thus, is likely to influence the automotive tapes market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America automotive adhesive tapes market , including forecasts for subscribers. This continent databook contains high-level insights into North America automotive adhesive tapes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America automotive adhesive tapes market
North America Automotive Adhesive Tapes Market Outlook Share, 2022 & 2030 (US$M)
North America automotive adhesive tapes market
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