Table of Content

1 INTRODUCTION 37
1.1 OBJECTIVES OF THE STUDY 37
1.2 MARKET DEFINITION 37
1.3 MARKET SCOPE 38
TABLE 1 RESEARCH SCOPE: INCLUSION AND EXCLUSION 38
FIGURE 1 STRUCTURAL ADHESIVE TAPES MARKET SEGMENTATION 39
1.3.1 REGIONS COVERED 39
1.3.2 YEARS CONSIDERED FOR THE STUDY 40
1.4 CURRENCY 40
1.5 UNIT CONSIDERED 40
1.6 STAKEHOLDERS 40
2 RESEARCH METHODOLOGY 41
2.1 RESEARCH DATA 41
FIGURE 2 STRUCTURAL ADHESIVE TAPES MARKET: RESEARCH DESIGN 41
2.1.1 SECONDARY DATA 42
2.1.1.1 Critical secondary inputs 42
2.1.1.2 Key data from secondary sources 42
2.1.2 PRIMARY DATA 43
2.1.2.1 Critical primary inputs 43
2.1.2.2 Key data from primary sources 44
2.1.2.3 Key industry insights 45
2.1.2.4 Breakdown of primary interviews 45
2.1.2.5 List of participated industry experts 46
2.2 MARKET SIZE ESTIMATION APPROACH 46
2.2.1 TOP-DOWN APPROACH - ASSESSMENT OF MARKET SIZE FROM ADHESIVE TAPES MARKET 46
FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN ANALYSIS 47
2.2.2 DEMAND-SIDE MARKET SIZE ESTIMATION: OVERALL CONSUMPTION IN AUTOMOTIVE CONSUMPTION & AFTERMARKET 47
FIGURE 4 MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS 48
2.2.3 TOP-DOWN MARKET SIZE ESTIMATION: ASSESSMENT OF MARKET SIZE FROM EUROPE SPECIALTY TAPES MARKET 48
FIGURE 5 MARKET SIZE ESTIMATION: DEMAND-SIDE ANALYSIS 49
2.3 DATA TRIANGULATION 50
FIGURE 6 STRUCTURAL ADHESIVE TAPES MARKET: DATA TRIANGULATION 50
2.4 ASSUMPTIONS 51
2.5 LIMITATIONS 51
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3 EXECUTIVE SUMMARY 52
FIGURE 7 ACRYLIC SEGMENT TO ACCOUNT FOR LARGEST SHARE OF THE MARKET 52
FIGURE 8 PREFERENCE OF STRUCTURAL ADHESIVE TAPES, RESIN TYPE VS.
END-USE INDUSTRY 53
FIGURE 9 PVC TO BE LARGEST BACKING MATERIAL SEGMENT,
IN TERMS OF VALUE (2020) 53
FIGURE 10 HEALTHCARE TO ACCOUNT FOR LARGEST SHARE OF MARKET, IN TERMS OF VALUE (2020) 54
FIGURE 11 APAC TO BE FASTEST-GROWING STRUCTURAL ADHESIVE TAPES MARKET 55
TABLE 2 MAJOR PLAYERS IN THE STRUCTURAL ADHESIVE TAPES MARKET 56
4 PREMIUM INSIGHTS 57
4.1 ATTRACTIVE OPPORTUNITIES IN THE STRUCTURAL ADHESIVE TAPES MARKET 57
FIGURE 12 INCREASING APPLICATIONS IN BUILDING & CONSTRUCTION AND HEALTHCARE INDUSTRIES TO SUPPORT MARKET GROWTH 57
4.2 APAC: STRUCTURAL ADHESIVE TAPES MARKET, BY TYPE AND COUNTRY, 2020 57
FIGURE 13 CHINA DOMINATED THE MARKET IN APAC 57
4.3 STRUCTURAL ADHESIVE TAPES MARKET, BY KEY COUNTRIES 58
FIGURE 14 INDIA TO REGISTER THE HIGHEST CAGR 58
5 MARKET OVERVIEW 59
5.1 INTRODUCTION 59
5.2 MARKET DYNAMICS 60
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN THE STRUCTURAL ADHESIVE TAPES MARKET 60
5.2.1 DRIVERS 60
5.2.1.1 Increase in government relief packages to strengthen healthcare system to tackle COVID-19 to boost the demand 60
5.2.1.2 Expected recovery of automotive sector from COVID-19 and growing penetration of EVs 61
FIGURE 16 AUTOMOBILE PRODUCTION DATA (2017–2020) 61
TABLE 3 COUNTRY-WISE MOTOR VEHICLE PRODUCTION, 2018–2020 62
5.2.1.3 Growing use of structural adhesive tapes in diverse end-use industries 62
5.2.2 RESTRAINTS 63
5.2.2.1 Volatility in raw material prices 63
5.2.2.2 Strong competition from commodity tape market 63
5.2.2.3 Fluctuating silicone prices impact market growth 63
FIGURE 17 SILICONE PRICING ANALYSIS (USD/TON), 2017 – Q1-2021 64
5.2.3 OPPORTUNITIES 64
5.2.3.1 European Green Deal will support growth of adhesives tapes market 64
5.2.3.2 Innovation in electro-mobility will propel demand for customized product 65
5.2.3.3 Upcoming expansion of battery gigafactories in key
EV manufacturing hubs 65
5.2.4 CHALLENGES 66
5.2.4.1 Implementation of stringent regulatory policies 66
5.2.4.2 Intense competition in the market posing challenge to new entrant 66
5.3 PORTER’S FIVE FORCES ANALYSIS 67
FIGURE 18 STRUCTURAL ADHESIVE TAPES MARKET: PORTERS FIVE FORCES ANALYSIS 67
5.3.1 INTENSITY OF COMPETITIVE RIVALRY 67
5.3.2 BARGAINING POWER OF BUYERS 68
5.3.3 BARGAINING POWER OF SUPPLIERS 68
5.3.4 THREAT OF SUBSTITUTES 68
5.3.5 THREAT OF NEW ENTRANTS 68
TABLE 4 STRUCTURAL ADHESIVE TAPES MARKET: PORTER’S FIVE FORCES ANALYSIS 69
5.4 REGULATORY LANDSCAPE 69
5.5 VALUE CHAIN ANALYSIS 71
FIGURE 19 VALUE CHAIN ANALYSIS OF STRUCTURAL ADHESIVE TAPES MARKET 71
5.5.1 DISRUPTION DUE TO COVID-19 72
5.6 AVERAGE PRICE & COST STRUCTURE ANALYSIS 72
FIGURE 20 WEIGHTED AVERAGE PRICE ANALYSIS (USD/SQUARE METER) OF STRUCTURAL ADHESIVE TAPES, BY REGION (2020) 72
FIGURE 21 GLOBAL STRUCTURAL ADHESIVE TAPES MARKET SUPPLY SHARE (%),
BY MANUFACTURERS, CONVERTERS, AND DISTRIBUTORS (2020) 73
FIGURE 22 COST BREAKDOWN OF STRUCTURAL ADHESIVE TAPES 73
5.7 RANGE SCENARIOS OF STRUCTURAL ADHESIVE TAPES MARKET 74
FIGURE 23 PRE- AND POST-COVID-19 ANALYSIS OF STRUCTURAL ADHESIVE TAPES DEMAND 74
5.8 FORECAST FACTORS AND COVID-19 IMPACT 75
5.9 PATENT ANALYSIS 76
FIGURE 24 OVERALL R&D SPENDING (USD MILLION) BY KEY PLAYERS, 2020 77
TABLE 5 NUMBER OF GRANTED PATENTS FROM 2015 TO MAY 2021 77
FIGURE 25 SHARE OF GRANTED PATENTS BY KEY PLAYERS (TILL MAY 2021) 78
TABLE 6 LIST OF GRANTED PATENTS TO KEY PLAYER 78
FIGURE 26 GRANTED PATENTS SHARE BY JURISDICTION (TILL MAY 2021) 80
5.10 ECOSYSTEM MARKET MAP 80
TABLE 7 STRUCTURAL ADHESIVE TAPES MARKET: ECOSYSTEM 81
5.11 TECHNOLOGY ANALYSIS 82
5.11.1 WATER-BASED 82
5.11.2 SOLVENT-BASED 82
5.11.3 HOT MELTS 83
5.12 YC, YCC SHIFT 83
FIGURE 27 REVENUE SHIFT FOR STRUCTURAL ADHESIVE TAPES MARKET 83
5.12.1 YC SHIFT 84
5.12.2 YCC SHIFT 84
5.13 MACROECONOMIC OVERVIEW 85
5.13.1 INTRODUCTION 85
5.13.2 TRENDS AND FORECAST OF GDP 85
TABLE 8 TRENDS AND FORECAST OF GDP, ANNUAL PERCENTAGE CHANGE 85
5.14 TRADE SCENARIO: KEY EXPORTING AND IMPORTING COUNTRIES 87
TABLE 9 INTENSITY OF TRADE, BY KEY COUNTRY 87
5.14.1 MAJOR IMPORTERS 88
TABLE 10 MAJOR IMPORTERS OF SELF-ADHESIVE TAPE, PLATES, SHEETS, FILM, FOIL, STRIP, AND OTHER FLAT SHAPES MADE OF PLASTICS
(2018–2020) (USD THOUSAND) 88
TABLE 11 MAJOR IMPORTERS OF SELF-ADHESIVE TAPE, PLATES, SHEETS, FILM, FOIL, STRIP, AND OTHER FLAT SHAPES OF PLASTICS AND IMPACT
OF COVID-19 ON TRADE (USD THOUSAND) 89
5.14.2 MAJOR EXPORTERS 90
TABLE 12 MAJOR EXPORTERS OF SELF-ADHESIVE TAPE, PLATES, SHEETS,
FILM, FOIL, STRIP, AND OTHER FLAT SHAPES OF PLASTICS (2018–2020) (USD THOUSAND) 90
TABLE 13 MAJOR EXPORTERS OF SELF-ADHESIVE TAPE, PLATES, SHEETS, FILM, FOIL, STRIP, AND OTHER FLAT SHAPES OF PLASTICS AND IMPACT OF COVID-19 ON TRADE (USD THOUSAND) 91
5.15 CASE STUDY 91
6 STRUCTURAL ADHESIVE TAPES MARKET, BY RESIN TYPE 93
6.1 INTRODUCTION 94
FIGURE 28 ACRYLIC SEGMENT TO MAINTAIN ITS DOMINANCE DURING THE FORECAST PERIOD 94
TABLE 14 STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (MILLION SQUARE METER) 94
TABLE 15 STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 95
6.2 ACRYLIC 95
6.2.1 DEMAND FOR ACRYLIC STRUCTURAL TAPES HIGH DUE TO THEIR DURABILITY 95
TABLE 16 ACRYLIC STRUCTURAL TAPES, BY APPLICATION 95
TABLE 17 ACRYLIC STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (MILLION SQUARE METER) 96
TABLE 18 ACRYLIC STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 96
6.3 RUBBER 97
6.3.1 GOOD ADHESION TO PLASTICS, NON-POLAR, AND LOW-ENERGY SURFACES INCREASING THE DEMAND FOR RUBBER STRUCTURAL TAPES 97
TABLE 19 RUBBER STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (MILLION SQUARE METER) 98
TABLE 20 RUBBER STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 98
6.4 SILICONE 98
6.4.1 INCREASING PENETRATION IN HEALTHCARE INDUSTRY DRIVING SILICONE STRUCTURAL ADHESIVE TAPES MARKET 98
TABLE 21 SILICONE STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (MILLION SQUARE METER) 99
TABLE 22 SILICONE STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 100
6.5 OTHERS 100
TABLE 23 OTHER STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (MILLION SQUARE METER) 100
TABLE 24 OTHER STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 101
7 STRUCTURAL ADHESIVE TAPES MARKET, BY BACKING MATERIAL 102
7.1 INTRODUCTION 103
FIGURE 29 PVC SEGMENT TO MAINTAIN LEAD DURING THE FORECAST PERIOD 103
TABLE 25 STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 103
TABLE 26 STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 104
7.2 POLYVINYL CHLORIDE (PVC) 104
7.2.1 FLAME RETARDANCY AND ELECTRICAL INSULATION PROPERTIES OF PVC STRUCTURAL TAPES DRIVING ITS DEMAND 104
TABLE 27 POLYVINYL CHLORIDE STRUCTURAL ADHESIVE TAPES MARKET SIZE,
BY REGION, 2019–2026 (MILLION SQUARE METER) 105
TABLE 28 POLYVINYL CHLORIDE STRUCTURAL ADHESIVE TAPES MARKET SIZE,
BY REGION, 2019–2026 (USD MILLION) 105
7.3 WOVEN/NON-WOVEN 106
7.3.1 LOW THICKNESS AND GOOD ADHESION TO A VARIETY OF SUBSTRATES EXPECTED TO DRIVE THE MARKET 106
TABLE 29 WOVEN/NON-WOVEN STRUCTURAL ADHESIVE TAPES MARKET SIZE,
BY REGION, 2019–2026 (MILLION SQUARE METER) 107
TABLE 30 WOVEN/NON-WOVEN STRUCTURAL ADHESIVE TAPES MARKET SIZE,
BY REGION, 2019–2026 (USD MILLION) 107
7.4 PAPER 107
7.4.1 REPULPABLE NATURE OF PAPER TO DRIVE USE OF PAPER BACKING MATERIAL IN STRUCTURAL ADHESIVE TAPES 107
TABLE 31 PAPER STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (MILLION SQUARE METER) 108
TABLE 32 PAPER STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 109
7.5 PET 109
7.5.1 GROWING DEMAND IN CONSUMER ELECTRONICS, AUTOMOTIVE, AND BUILDING & CONSTRUCTION TO DRIVE THE DEMAND 109
TABLE 33 PET STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (MILLION SQUARE METER) 110
TABLE 34 PET STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 111
7.6 FOAM 111
7.6.1 GROWING DEMAND IN INDUSTRIAL APPLICATION WILL SUPPORT THE MARKET GROWTH 111
TABLE 35 FOAM STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (MILLION SQUARE METER) 112
TABLE 36 FOAM STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 112
7.7 POLYPROPYLENE (PP) 113
7.7.1 GROWING DEMAND FOR FAST-MOVING CONSUMER ELECTRONICS EXPECTED TO DRIVE THE MARKET 113
TABLE 37 POLYPROPYLENE STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION, 2019–2026 (MILLION SQUARE METER) 114
TABLE 38 POLYPROPYLENE STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 114
7.8 OTHERS 114
TABLE 39 OTHER STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (MILLION SQUARE METER) 115
TABLE 40 OTHER STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 115
8 STRUCTURAL ADHESIVE TAPES MARKET, BY END-USE INDUSTRY 116
8.1 INTRODUCTION 117
FIGURE 30 HEALTHCARE SEGMENT TO MAINTAIN LEAD DURING THE FORECAST PERIOD 117
TABLE 41 STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY,
2019–2026 (MILLION SQUARE METER) 117
TABLE 42 STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY,
2019–2026 (USD MILLION) 118
8.2 AUTOMOTIVE 118
8.2.1 GROWING FOCUS ON LIGHTWEIGHT HYBRID VEHICLES WILL BOOST DEMAND FOR STRUCTURAL ADHESIVE TAPES 118
FIGURE 31 OVERALL AUTOMOTIVE STRUCTURAL ADHESIVE TAPE
DEMAND SHARE (%), BY SUB-SEGMENT, 2020 119
TABLE 43 MAJOR APPLICATIONS OF TAPES IN THE AUTOMOTIVE SECTOR 119
TABLE 44 AUTOMOTIVE SALES AND VEHICLE PARC, BY COUNTRY, 2020 120
TABLE 45 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN AUTOMOTIVE APPLICATION, BY REGION, 2019–2026 (MILLION SQUARE METER) 120
TABLE 46 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN AUTOMOTIVE APPLICATION, BY REGION, 2019–2026 (USD MILLION) 120
8.3 HEALTHCARE 121
8.3.1 HEALTHY GROWTH OF HEALTHCARE INDUSTRY WILL SUPPORT THE MARKET GROWTH 121
TABLE 47 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN HEALTHCARE APPLICATION, BY REGION, 2019–2026 (MILLION SQUARE METER) 121
TABLE 48 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN HEALTHCARE APPLICATION, BY REGION, 2019–2026 (USD MILLION) 121
8.4 ELECTRICAL & ELECTRONICS 122
8.4.1 GROWING PRODUCTION CAPACITY OF ELECTRICAL & ELECTRONICS COMPONENTS WILL SUPPORT THE MARKET GROWTH 122
TABLE 49 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN ELECTRICAL & ELECTRONICS APPLICATION, BY REGION, 2019–2026 (MILLION SQUARE METER) 123
TABLE 50 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN ELECTRICAL & ELECTRONICS APPLICATION, BY REGION, 2019–2026 (USD MILLION) 123
8.5 RENEWABLE ENERGY (SOLAR & WIND) 124
8.5.1 GROWING DEMAND FOR SUSTAINABLE ENERGY SOURCES BOOSTING THE MARKET FOR STRUCTURAL ADHESIVE TAPES 124
TABLE 51 BACKING MATERIALS VS. APPLICATION 124
TABLE 52 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN RENEWABLE ENERGY APPLICATION, BY REGION, 2019–2026 (MILLION SQUARE METER) 125
TABLE 53 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN RENEWABLE ENERGY APPLICATION, BY REGION, 2019–2026 (USD MILLION) 125
8.6 E-MOBILITY (ELECTRIC VEHICLES & EV-BATTERY) 125
8.6.1 GROWING DEMAND FOR ELECTRIC VEHICLES IN EUROPE & NORTH AMERICA TO BOOST INVESTMENTS AND DEMAND FOR EV BATTERIES 125
FIGURE 32 OVERALL E-MOBILITY STRUCTURAL ADHESIVE TAPE DEMAND SHARE (%),
BY SUB-SEGMENT, 2020 126
TABLE 54 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN E-MOBILITY APPLICATION,
BY REGION, 2019–2026 (MILLION SQUARE METER) 126
TABLE 55 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN E-MOBILITY APPLICATION,
BY REGION, 2019–2026 (USD MILLION) 127
8.7 BUILDING & CONSTRUCTION 127
8.7.1 PLANNED INFRASTRUCTURE DEVELOPMENTS WILL BOOST THE MARKET GROWTH 127
TABLE 56 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2019–2026 (MILLION SQUARE METERS) 128
TABLE 57 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2019–2026 (USD MILLION) 128
8.8 OTHERS 128
TABLE 58 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2019–2026 (MILLION SQUARE METER) 129
TABLE 59 STRUCTURAL ADHESIVE TAPES MARKET SIZE IN OTHER APPLICATIONS,
BY REGION, 2019–2026 (USD MILLION) 129
9 STRUCTURAL ADHESIVE TAPES MARKET, BY REGION 130
9.1 INTRODUCTION 131
FIGURE 33 INDIA TO REGISTER THE HIGHEST CAGR DURING THE FORECAST PERIOD 131
TABLE 60 STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (MILLION SQUARE METER) 132
TABLE 61 STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 132
9.2 APAC 132
FIGURE 34 APAC: STRUCTURAL ADHESIVE TAPES MARKET SNAPSHOT 133
TABLE 62 APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY COUNTRY,
2019–2026 (MILLION SQUARE METER) 134
TABLE 63 APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 134
TABLE 64 APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (MILLION SQUARE METER) 134
TABLE 65 APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 135
TABLE 66 APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 135
TABLE 67 APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 135
TABLE 68 APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 136
TABLE 69 APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 136
9.2.1 CHINA 136
9.2.1.1 Growth of healthcare & building & construction industry to drive the market 136
FIGURE 35 CHINA: PASSENGER CAR PRODUCTION, 2017–2020 137
TABLE 70 CHINA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (MILLION SQUARE METER) 138
TABLE 71 CHINA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 138
TABLE 72 CHINA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 139
TABLE 73 CHINA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 139
TABLE 74 CHINA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 140
TABLE 75 CHINA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 140
9.2.2 INDIA 140
9.2.2.1 Growing FDI, government spending, and growth of healthcare sector to be the market drivers 140
FIGURE 36 INDIA: PASSENGER CAR PRODUCTION, 2017–2020 141
FIGURE 37 CURRENT HEALTH EXPENDITURE PER CAPITA (CURRENT USD), 2016–2019 142
TABLE 76 INDIA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (MILLION SQUARE METER) 143
TABLE 77 INDIA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 143
TABLE 78 INDIA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 143
TABLE 79 INDIA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 144
TABLE 80 INDIA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 144
TABLE 81 INDIA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 145
9.2.3 JAPAN 145
9.2.3.1 Growth of healthcare industry coupled with increasing automobile production to drive the market 145
FIGURE 38 JAPAN: AUTOMOBILE PRODUCTION, 2017–2020 146
TABLE 82 JAPAN: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (MILLION SQUARE METER) 146
TABLE 83 JAPAN: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 146
TABLE 84 JAPAN: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 147
TABLE 85 JAPAN: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 147
TABLE 86 JAPAN: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 148
TABLE 87 JAPAN: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 148
9.2.4 SOUTH KOREA 148
9.2.4.1 Automotive and building & construction industries to support the market growth 148
TABLE 88 SOUTH KOREA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (MILLION SQUARE METER) 149
TABLE 89 SOUTH KOREA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION) 149
TABLE 90 SOUTH KOREA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 150
TABLE 91 SOUTH KOREA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 150
TABLE 92 SOUTH KOREA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 151
TABLE 93 SOUTH KOREA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 151
9.2.5 ASEAN COUNTRIES 151
9.2.5.1 Increasing FDI investments to propel the market 151
TABLE 94 ASEAN COUNTRIES: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (MILLION SQUARE METER) 152
TABLE 95 ASEAN COUNTRIES: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION) 153
TABLE 96 ASEAN COUNTRIES: STRUCTURAL ADHESIVE TAPES MARKET SIZE,
BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 153
TABLE 97 ASEAN COUNTRIES: STRUCTURAL ADHESIVE TAPES MARKET SIZE,
BY BACKING MATERIAL, 2019–2026 (USD MILLION) 153
TABLE 98 ASEAN COUNTRIES: STRUCTURAL ADHESIVE TAPES MARKET SIZE,
BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 154
TABLE 99 ASEAN COUNTRIES: STRUCTURAL ADHESIVE TAPES MARKET SIZE,
BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 154
9.2.6 REST OF APAC 154
TABLE 100 REST OF APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (MILLION SQUARE METER) 155
TABLE 101 REST OF APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION) 155
TABLE 102 REST OF APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 155
TABLE 103 REST OF APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 156
TABLE 104 REST OF APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 156
TABLE 105 REST OF APAC: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 157
9.3 NORTH AMERICA 157
FIGURE 39 NORTH AMERICA: STRUCTURAL ADHESIVE TAPES MARKET SNAPSHOT 158
TABLE 106 NORTH AMERICA: NORTH AMERICA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY COUNTRY, 2019–2026 (MILLION SQUARE METER) 158
TABLE 107 NORTH AMERICA: STRUCTURAL ADHESIVE TAPES MARKET SIZE,
BY COUNTRY, 2019–2026 (USD MILLION) 159
TABLE 108 NORTH AMERICA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (MILLION SQUARE METER) 159
TABLE 109 NORTH AMERICA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION) 159
TABLE 110 NORTH AMERICA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 160
TABLE 111 NORTH AMERICA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 160
TABLE 112 NORTH AMERICA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 161
TABLE 113 NORTH AMERICA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 161
9.3.1 US 161
9.3.1.1 Growing healthcare expenditure coupled with steady growth of automotive industry to support market growth 161
FIGURE 40 US: PASSENGER CAR PRODUCTION, 2015–2020 162
FIGURE 41 US: BATTERY CELL PRODUCTION, 2016–2020 163
TABLE 114 US: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (MILLION SQUARE METER) 164
TABLE 115 US: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 164
TABLE 116 US: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 164
TABLE 117 US: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 165
TABLE 118 US: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 165
TABLE 119 US: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 166
9.3.2 CANADA 166
9.3.2.1 Economic recovery from repercussion of COVID-19 pandemic to support market growth 166
FIGURE 42 CANADA: PASSENGER CAR PRODUCTION, 2015–2020 167
TABLE 120 CANADA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (MILLION SQUARE METER) 167
TABLE 121 CANADA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION) 167
TABLE 122 CANADA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 168
TABLE 123 CANADA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 168
TABLE 124 CANADA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 169
TABLE 125 CANADA: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 169
9.3.3 MEXICO 169
9.3.3.1 Government policies pertaining to automotive vehicles to drive the market 169
FIGURE 43 MEXICO: PASSENGER CAR PRODUCTION, 2017–2020 170
TABLE 126 MEXICO: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (MILLION SQUARE METER) 170
TABLE 127 MEXICO: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION) 171
TABLE 128 MEXICO: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 171
TABLE 129 MEXICO: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 171
TABLE 130 MEXICO: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 172
TABLE 131 MEXICO: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 172
9.4 EUROPE 173
TABLE 132 EUROPE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY COUNTRY,
2019–2026 (MILLION SQUARE METER) 173
TABLE 133 EUROPE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 174
TABLE 134 EUROPE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (MILLION SQUARE METER) 174
TABLE 135 EUROPE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION) 174
TABLE 136 EUROPE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 175
TABLE 137 EUROPE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 175
TABLE 138 EUROPE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 176
TABLE 139 EUROPE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 176
9.4.1 GERMANY 176
9.4.1.1 Growth of manufacturing and healthcare industries to drive the market 176
FIGURE 44 GERMANY: AUTOMOBILE PRODUCTION AND EXPORT, 2018–2021 177
TABLE 140 GERMANY: MEDICAL EQUIPMENT MARKET 2018–2021 (USD BILLION) 178
TABLE 141 GERMANY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (MILLION SQUARE METER) 178
TABLE 142 GERMANY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION) 179
TABLE 143 GERMANY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 179
TABLE 144 GERMANY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 179
TABLE 145 GERMANY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 180
TABLE 146 GERMANY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 180
9.4.2 FRANCE 181
9.4.2.1 Government initiatives to promote automotive industry will drive the market 181
TABLE 147 FRANCE: MEDICAL EQUIPMENT MARKET, 2017–2019 (USD BILLION) 181
FIGURE 45 FRANCE: AUTOMOBILE PRODUCTION, 2017–2020 181
TABLE 148 FRANCE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (MILLION SQUARE METER) 182
TABLE 149 FRANCE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION) 182
TABLE 150 FRANCE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 182
TABLE 151 FRANCE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 183
TABLE 152 FRANCE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 183
TABLE 153 FRANCE: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 184
9.4.3 ITALY 184
9.4.3.1 Incentive provided by government on purchase of hybrid or electric vehicles to drive the market 184
FIGURE 46 ITALY: AUTOMOBILE PRODUCTION, 2017–2020 185
TABLE 154 ITALY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (MILLION SQUARE METER) 185
TABLE 155 ITALY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 185
TABLE 156 ITALY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (MILLION SQUARE METER) 186
TABLE 157 ITALY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY BACKING MATERIAL, 2019–2026 (USD MILLION) 186
TABLE 158 ITALY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (MILLION SQUARE METER) 187
TABLE 159 ITALY: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY END-USE INDUSTRY, 2019–2026 (USD MILLION) 187
9.4.4 UK 187
9.4.4.1 Expected recovery of manufacturing and healthcare industries to drive the market 187
FIGURE 47 UK: TOTAL AUTOMOBILE PRODUCTION, 2017–2020 188
TABLE 160 UK: STRUCTURAL ADHESIVE TAPES MARKET SIZE, BY RESIN TYPE,