The Structural Adhesive Tapes Market is anticipated to expand at a compound annual growth rate (CAGR) of 3.6% from USD 10.1 billion in 2023–2030 to USD 13.0 billion by 2030. The main objective of the analysis is to estimate the present market potential for each segment, sub-segment, and region in terms of the total addressable market. All of the emerging and fast-growing technologies were found throughout this procedure, and their effects on the present and future markets were evaluated. The paper additionally delineates the principal stakeholders, their business deficiencies, and their purchasing patterns.
Among the many end-use industries where structural adhesive tapes are used are electrical and electronics, healthcare, automotive, e-mobility, renewable energy, building and construction, and so forth. It is projected that the market will rise as structural adhesive tapes are used more frequently. The electrical and electronics industry's continued use of smaller and flatter electronics is sustaining the growth of adhesive tape applications. According to forecasts, the adhesive tape market in the hygiene and healthcare sector is expected to develop at the highest compound annual growth rate (CAGR). The aging population and the rise in chronic illnesses are the main causes of this increase. In addition, there is an increased need for oral dissolvable films, hydrophilic films, transdermal drug delivery patches, and in vitro diagnostics in the worldwide healthcare sector.
Methodology of Structural Adhesive Tapes Market
Intent Market Research employs a rigorous methodology to minimize residual errors by carefully defining the scope, validating findings through primary research, and consistently updating our in-house database. This dynamic approach allows us to capture ongoing market fluctuations and adapt to evolving market uncertainties.
The research factors used in our methodology vary depending on the specific market being analyzed. To begin with, we incorporate both demand and supply side information into our model to identify and address market gaps. Additionally, we also employ approaches such as Macro-Indicator Analysis, Factor Analysis, Value Chain-Based Sizing, and forecasting to further increase the accuracy of the numbers and validate the findings.
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Research Approach
• Secondary Research Approach: In the initial phase of the research process, we continuously record and collect extensive0020data. This data is carefully filtered and validated against various secondary sources.
• Primary Research Approach: After consolidating the data collected through secondary research, we initiate a validation process to verify all numbers, assumptions and market results through interaction with subject matter experts.
Our market research methodology uses both top-down and bottom-up approaches to segment and estimate quantitative aspects of the market. In addition, we use a multi-perspective analysis in which we look at the market from different perspectives.
Table of Content:
- By Type
- Acrylic
- Epoxy
- Cyanoacrylate
- Others
- By Application
- Automotive
- Aerospace
- Building & Construction
- Electronics
- Medical
- Others
- Regional Analysis
· North America
· Europe
· Asia Pacific
· Latin America
· Middle East & Africa
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