Europe Adhesive Tapes Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Resin Type (Acrylic, Rubber, Silicone, and Others), Technology (Water-Based Adhesive Tapes, Solvent-Based Adhesive Tapes, and Hot-Melt- Based Adhesive Tapes), Tape Backing Material (Polypropylene (PP), Paper, Polyvinyl Chloride (PVC), and Others), and Application (Packaging, Healthcare, Automotive, Electrical and Electronics, Building and Construction, and Others)
Market Introduction
Europe comprises several economies such as Germany, France, the UK, and Italy. Europe is a well-established market for adhesive tapes due to numerous well-established end-use industries, such as automotive, healthcare, food & beverages, and consumer electronics. Adhesive tapes manufacturers are contributing to the market growth in Europe through their innovative products. A few of the major players operating in the Europe adhesive tape market are 3M, Nitto Denko Corporation, Tesa SE, Avery Dennison Corporation, Intertape Polymer Group, Berry Global Inc., Scapa, and Lohmann GmbH & Co.KG. According to the European Commission, the EU is among the biggest producers of motor vehicles across the world, and the sector represents the largest private investor in R&D. To enhance the competitiveness of the European automotive industry, the European Commission supports global technological harmonization and provides funding for R&D. The European automotive industry is considered the most technologically advanced and innovative industry across the world. As per the European Automobile Manufacturers Association, 18.5 million cars, trucks, vans, and buses are manufactured per year across the region. Therefore, the growing automotive industry in Europe propels the demand for adhesive tapes, which drives the growth of the adhesive tapes market in the region. Europe has a significant trade surplus in food, and Europe culinary specialties are well-liked across the world. The demand for packaging in Europe is derived from the high number of manufacturers in the food & beverage industry and its worldwide export market. Adhesive tapes are extensively used in the packaging industry. The adhesive tapes market in the region is expected to grow during the forecast period owing to the growing requirement for packaging in the food & beverage industry. With the increasing number of product orders, the packaging industry is expected to witness significant growth in the coming years.
Countries in Europe, especially the UK and Russia, are highly affected due to the COVID-19 outbreak. It is suffering an economic hit due to a lack of revenue from various industries, as the country recorded the highest number of COVID-19 cases, followed by France, Spain, Italy, and Germany. Other member states have implemented drastic measures and travel restrictions by partially closing their borders. This is impacting the growth of the adhesives market in Europe. To reduce the impact of the COVID-19 pandemic and empower the healthcare industry, the European Union has set budgets for various European countries, such as US$ 550 per capita in the UK, and approx. US$ 366 per capita in Germany and Ireland. It also applies to other European countries. Health-related initiatives include purchasing professional medical and personal protective equipment (PPE), expanding research capabilities, hiring additional staff and benefits, supporting hospitals and local governments, and donating vaccine production. With the economy on the mend, several industrial sectors and economies are making strategic investments in the healthcare sector. This is expected to accelerate the market growth in the coming years.
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Market Overview and Dynamics
The Europe adhesive tapes market is expected to grow from US$ 12,781.91 million in 2021 to US$ 17,655.34 million by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 2028. The demand for electric vehicles is escalating across the region. The manufacturers of electric vehicles are focusing on increasing the battery capacities of their vehicles because of the inaccessibility of charging stations for these vehicles in remote areas. Adhesive tapes are increasingly used in electric vehicle components such as batteries, capacitors, and parking sensors. The use of adhesive tapes in electric vehicles is growing owing to several requirements, such as replacing conventional substrates with synthetic substrates, increasing focus on environmental affairs, and bonding of dissimilar and similar materials. Adhesive tapes also address these concerns in prospect to engineering since they are considered to resist vibration and allow the distribution of stress over an extensive area. Hence, the rising adoption of electric vehicles is expected to emerge as a beneficial trend for the growth of the Europe adhesive tapes market in the coming years.
Key Market Segments
In terms of resin type, the rubber segment accounted for the largest share of the Europe adhesive tapes market in 2020. In terms of technology, the solvent-based adhesive tapes segment held a larger market share of the Europe adhesive tapes market in 2020. In terms of tape backing material, the polypropylene (PP) segment held a larger market share of the Europe adhesive tapes market in 2020. Further, the automotive segment held a larger share of the Europe adhesive tapes market based on application in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Europe adhesive tapes market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are 3M, Avery Dennison Corporation, Berry Global Inc., Intertape Polymer Group, LINTEC Corporation, Lohmann GmbH & Co.KG, Nitto Denko Corporation, Rogers Corporation, Scapa, and tesa SE.
Reasons to buy report
- To understand the Europe adhesive tapes market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe adhesive tapes market
- Efficiently plan M&A and partnership deals in Europe adhesive tapes market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe adhesive tapes market
- Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.
Europe Adhesive Tapes Market Segmentation
Europe Adhesive Tapes Market - By Resin Type
- Acrylic
- Rubber
- Silicone
- Others
Europe Adhesive Tapes Market - By Technology
- Water-Based Adhesive Tapes
- Solvent-Based Adhesive Tapes
- Hot-Melt- Based Adhesive Tapes
Europe Adhesive Tapes Market - By Tape Backing Material
- Polypropylene (PP)
- Paper
- Polyvinyl Chloride (PVC)
- Others
Europe Adhesive Tapes Market - By Application
- Packaging
- Healthcare
- Automotive
- Electrical and Electronics
- Building and Construction
- Others
Europe Adhesive Tapes Market - By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Europe Adhesive Tapes Market - Company Profiles
- 3M
- Avery Dennison Corporation
- Berry Global Inc.
- Intertape Polymer Group
- LINTEC Corporation
- Lohmann GmbH & Co.KG
- Nitto Denko Corporation
- Rogers Corporation
- Scapa
- tesa SE
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Europe Adhesive Tapes Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Intensity of Competitive Rivalry
4.3 Expert Opinion
4.4 Ecosystem Analysis
5. Europe Adhesive Tapes Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Various Applications of Adhesive Tapes
5.1.2 Surging Demand for Adhesive Tapes from Automotive Industry
5.2 Market Restraints
5.2.1 Unstable Raw Material Prices
5.3 Market Opportunities
5.3.1 Using Adhesive Tape in Place of Mechanical Fasteners
5.4 Future Trends
5.4.1 Growing Adoption of Electric Vehicles
5.5 Impact Analysis of Drivers and Restraints
6. Adhesive Tapes Market – Europe Analysis
6.1 Europe Adhesive Tapes Market Overview
6.2 Europe Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
7. Europe Adhesive Tapes Market Analysis – By Resin Type
7.1 Overview
7.2 Europe Adhesive Tapes Market, By Resin Type (2020 and 2028)
7.3 Acrylic
7.3.1 Overview
7.3.2 Acrylic: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Rubber
7.4.1 Overview
7.4.2 Rubber: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Silicone
7.5.1 Overview
7.5.2 Silicone: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others : Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
8. Europe Adhesive Tapes Market Analysis – By Technology
8.1 Overview
8.2 Europe Adhesive Tapes Market, By Technology (2020 and 2028)
8.3 Water-Based Adhesive Tapes
8.3.1 Overview
8.3.2 Water-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Solvent-Based Adhesive Tapes
8.4.1 Overview
8.4.2 Solvent-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Hot-Melt-Based Adhesive Tapes
8.5.1 Overview
8.5.2 Hot-Melt-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
9. Europe Adhesive Tapes Market Analysis – By Tape Backing Material
9.1 Overview
9.2 Europe Adhesive Tapes Market, By Tape Backing Material (2020 and 2028)
9.3 Polypropylene (PP)
9.3.1 Overview
9.3.2 Polypropylene (PP): Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
9.4 Paper
9.4.1 Overview
9.4.2 Paper: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
9.5 Polyvinyl Chloride (PVC)
9.5.1 Overview
9.5.2 Polyvinyl Chloride (PVC): Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Others : Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
10. Europe Adhesive Tapes Market Analysis – By Application
10.1 Overview
10.2 Europe Adhesive Tapes Market, By Application (2020 and 2028)
10.3 Automotive
10.3.1 Overview
10.3.2 Automotive: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
10.4 Packaging
10.4.1 Overview
10.4.2 Packaging: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
10.5 Healthcare
10.5.1 Overview
10.5.2 Healthcare: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
10.6 Electrical and Electronics
10.6.1 Overview
10.6.2 Electrical and Electronics: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
10.7 Building and Construction
10.7.1 Overview
10.7.2 Building and Construction: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
10.8 Others
10.8.1 Overview
10.8.2 Others: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Mn)
11. Europe Adhesive Tapes Market – Country Analysis
11.1 Overview
11.1.1 Europe: Adhesive Tapes Market, by Key Country
11.1.1.1 Germany: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Germany: Adhesive Tapes Market, by Resin Type
11.1.1.1.2 Germany: Adhesive Tapes Market, by Technology
11.1.1.1.3 Germany: Adhesive Tapes Market, by Tape Backing Material
11.1.1.1.4 Germany: Adhesive Tapes Market, by Application
11.1.1.2 France: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 France: Adhesive Tapes Market, by Resin Type
11.1.1.2.2 France: Adhesive Tapes Market, by Technology
11.1.1.2.3 France: Adhesive Tapes Market, by Tape Backing Material
11.1.1.2.4 France: Adhesive Tapes Market, by Application
11.1.1.3 Italy: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Italy: Adhesive Tapes Market, by Resin Type
11.1.1.3.2 Italy: Adhesive Tapes Market, by Technology
11.1.1.3.3 Italy: Adhesive Tapes Market, by Tape Backing Material
11.1.1.3.4 Italy: Adhesive Tapes Market, by Application
11.1.1.4 UK: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 UK: Adhesive Tapes Market, by Resin Type
11.1.1.4.2 UK: Adhesive Tapes Market, by Technology
11.1.1.4.3 UK: Adhesive Tapes Market, by Tape Backing Material
11.1.1.4.4 UK: Adhesive Tapes Market, by Application
11.1.1.5 Russia: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.5.1 Russia: Adhesive Tapes Market, by Resin Type
11.1.1.5.2 Russia: Adhesive Tapes Market, by Technology
11.1.1.5.3 Russia: Adhesive Tapes Market, by Tape Backing Material
11.1.1.5.4 Russia: Adhesive Tapes Market, by Application
11.1.1.6 Rest of Europe: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.6.1 Rest of Europe: Adhesive Tapes Market, by Resin Type
11.1.1.6.2 Rest of Europe: Adhesive Tapes Market, by Technology
11.1.1.6.3 Rest of Europe: Adhesive Tapes Market, by Tape Backing Material
11.1.1.6.4 Rest of Europe: Adhesive Tapes Market, by Application
12. Impact of COVID-19 on Europe Adhesive Tapes Market
12.1 Europe: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Mergers & acquisition
14. Company Profiles
14.1 3M
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Nitto Denko Corporation
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 tesa SE
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Avery Dennison Corporation
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Intertape Polymer Group
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 LINTEC Corporation
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Berry Global Inc.
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Scapa
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 Lohmann GmbH & Co.KG
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 Rogers Corporation
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. Europe Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Germany Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)
Table 3. Germany Adhesive Tapes Market, by Technology – Revenue and Forecast to 2028 (USD Million)
Table 4. Germany Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)
Table 5. Germany Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 6. France Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)
Table 7. France Adhesive Tapes Market, by Technology– Revenue and Forecast to 2028 (USD Million)
Table 8. France Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)
Table 9. France Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 10. Italy Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)
Table 11. Italy Adhesive Tapes Market, by Technology – Revenue and Forecast to 2028 (USD Million)
Table 12. Italy Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)
Table 13. Italy Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 14. UK Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)
Table 15. UK Adhesive Tapes Market, by Technology– Revenue and Forecast to 2028 (USD Million)
Table 16. UK Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)
Table 17. UK Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 18. Russia Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)
Table 19. Russia Adhesive Tapes Market, by Technology – Revenue and Forecast to 2028 (USD Million)
Table 20. Russia Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)
Table 21. Russia Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 22. Rest of Europe Adhesive Tapes Market, by Resin Type– Revenue and Forecast to 2028 (USD Million)
Table 23. Rest of Europe Adhesive Tapes Market, by Technology – Revenue and Forecast to 2028 (USD Million)
Table 24. Rest of Europe Adhesive Tapes Market, by Tape Backing Material – Revenue and Forecast to 2028 (USD Million)
Table 25. Rest of Europe Adhesive Tapes Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 26. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Adhesive Tapes Market Segmentation
Figure 2. urope Adhesive Tapes Market Segmentation – By Country
Figure 3. Europe Adhesive Tapes Market Overview
Figure 4. Rubber Segment Held Largest Share of the Market in 2020
Figure 5. Germany Held Largest Share of the Market in 2020
Figure 6. Porter ‘s Five Forces Analysis
Figure 7. Expert Opinion
Figure 8. Europe Adhesive Tapes Market – Ecosystem Analysis
Figure 9. Europe Adhesive Tapes Market Impact Analysis of Drivers and Restraints
Figure 10. Europe: Adhesive Tapes Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Adhesive Tapes Market Revenue Share, By Resin Type (2020 and 2028)
Figure 12. Europe Acrylic: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 13. Europe Rubber: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 14. Europe Silicone: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 15. Europe Others: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 16. Europe Adhesive Tapes Market Revenue Share, By Technology (2020 and 2028)
Figure 17. Europe Water-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Europe Solvent-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Europe Hot-Melt-Based Adhesive Tapes: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Europe Adhesive Tapes Market Revenue Share, By Tape Backing Material (2020 and 2028)
Figure 21. Europe Polypropylene (PP): Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 22. Europe Paper: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Europe Polyvinyl Chloride (PVC): Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Europe Others: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 25. Europe Adhesive Tapes Market Revenue Share, By Application (2020 and 2028)
Figure 26. Europe Automotive: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 27. Europe Packaging: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 28. Europe Healthcare: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 29. Europe Electrical and Electronics: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 30. Europe Building and Construction: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 31. Europe Others: Adhesive Tapes Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 32. Europe: Adhesive Tapes Market, by Key Country – Revenue (2020) (USD Million)
Figure 33. Europe: Adhesive Tapes Market Revenue Share, by Key Country (2020 and 2028)
Figure 34. Germany: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
Figure 35. France: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
Figure 36. Italy: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
Figure 37. UK: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
Figure 38. Russia: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
Figure 39. Rest of Europe: Adhesive Tapes Market –Revenue and Forecast to 2028 (US$ Million)
Figure 40. Impact of COVID-19 Pandemic in Europe Country Markets
- 3M
- Avery Dennison Corporation
- Berry Global Inc.
- Intertape Polymer Group
- LINTEC Corporation
- Lohmann GmbH & Co.KG
- Nitto Denko Corporation
- Rogers Corporation
- Scapa
- tesa SE
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe adhesive tapes market.
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the adhesive tapes market, as well as those hindering it
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