Double-sided tapes increase competition with alternative bonding technologies
Engineering360 News Desk | August 16, 2021
The $6 billion global market for double-sided tapes is poised for strong expansion through 2025, according to the Freedonia Group. Boosting growth prospects, double-sided tapes continue to gain popularity over other fastening systems due to their greater strength and ability to:
- reduce the potential mess caused by adhesives
- seal along the entire length of a seam, preventing leakage
- reduce stress points by evenly distributing the seal
These advantages and improvements in double-sided tape strength and performance allow them to replace adhesives and fasteners in some structural bonding applications, including in automotive and aerospace assembly and telecommunications. In particular, double-sided tape competes against:
- adhesives, mechanical fasteners, and welding in automotive and appliance assembly and industrial assembly applications
- water-activated (gummed) tapes in packaging and shipping applications
A new Freedonia Group analysis forecasts global double-sided tape demand will grow 5.0% per year to 2.6 billion square meters in 2025, with advances driven by:
- continuing switches to tapes at the expense of other bonding technologies such as mechanical fasteners or liquid adhesives in both manufacturing and construction industries, especially in developing areas
- a rebound in manufacturing activity and an acceleration in building construction in higher-income regions such as North America and Western Europe, where tapes are already used in a wide variety of applications
- increases in healthcare spending worldwide, as double-sided tape is used for the attachment of devices and sensors to patients as well as for wound care
Global Double-Sided Tapes is now available from the Freedonia Group. This study analyzes the global double-sided tape market by market, region, and country. Historical data are provided for 2010, 2015 and 2020, with forecasts for 2025 and 2030.