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Double Coated Foam Tape

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Double Coated Foam Tape

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Double Coated Foam Tape

The global market for double coated foam tape has been poised to witness promising expansion over an eight-year projection period 2018-2026, at a CAGR of 5.4%. Persistence Market Research predicts the global revenue of double coated foam tape to exceed the value worth US$ 1.1 Bn by the end of 2026.To get more news about Foam Tape, you can visit senpinghz.com official website.

Building and construction, coupled with automotive, will possibly hold a collective share of more than half of the value in double coated foam tape market. Persistence Market Research expects a positive growth outlook for a few other application areas, i.e. glass glazing and mounting.
While traditional adhesives tend to bleed at their edges, advanced acrylic adhesives assure the integrity and stability of double coated foam tapes during processing. Double coated foam tape manufacturers are thus increasingly preferring advanced acrylic adhesive technology as the key bonding solution, which is likely to partially or completely replace the conventionally used liquid and spray adhesives, mechanical fasteners, and other bonding and fastening systems. Adhesive tape manufacturers have been taking efforts in innovating products over the most commonly concerned areas such as noise and vibration damping, over the past decade.

High performance double coated foam tapes are being extensively employed in tandem with the damping materials adopted by the automotive industry. The capability of double coated foam tapes to hold components in place without affecting their functionality will continue to boost their adoption in the near future. Double coated foam tapes also help achieve controlled vibration and improved functionality of automotive brake assemblies through effective lamination of multi-layered material.
Manufacturers are enjoying healthy sales of double coated foam tapes with the rampant expansion of automotive and building & construction sectors, as these industries generate the highest demand for vibration resistance and high shear strength. The most commonly preferred backing material in these double coated foam tapes is plastic, i.e. polyethylene that introduce desirable physical transformation in double coated foam tapes. Persistence Market Research anticipates impressive sales of plastic-backed foam tapes in the near future, which are most likely to stimulate stronger efforts from manufacturers in enhanced plastic-based double coated foam tape supply capabilities.

Several governments have been developing regulatory standards for adhesive tape manufacturers so as to comply with environmentally-friendly manufacturing practices. The European government, in collaboration with the European Commission’s eco design directive, has already provided manufacturers with an extensive guideline regarding product design and total lifecycle energy consumption. The recently introduced biodegradable pressure sensitive adhesives in the tapes and labels industry are constantly compelling manufacturers to incorporate eco-friendly adhesives in double coated foam tapes. PMR foresees excellent growth opportunities for double coated foam tape manufacturers in this area over the projection period, 2018-2026.

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