Automotive Tape Market was valued at USD 7.1 Billion in 2022 and is projected to reach USD 10.5 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
The global automotive tape market was valued at approximately USD 7.2 billion in 2022 and is projected to reach around USD 10.5 billion by 2027. This growth represents a compound annual growth rate (CAGR) of 8.0% during the forecast period. The demand for automotive tape is driven by advancements in vehicle technology, increased production of vehicles, and a rising focus on improving vehicle aesthetics and performance. Automotive tapes are essential for various applications including bonding, sealing, and insulation, which contribute to their increasing adoption in the automotive sector. Emerging markets present significant growth opportunities for automotive tape. Rapid industrialization and increasing automotive production in regions such as Asia-Pacific, particularly in countries like India and China, are driving the demand. Additionally, the shift towards electric vehicles (EVs) and the growing trend of lightweight materials in vehicle construction are expected to further boost the market. As automotive manufacturers continue to innovate and expand, the market for automotive tapes is set to experience substantial growth, particularly in developing regions that are witnessing a surge in automotive investments and advancements.
Get an In-Depth Research Analysis of the Global Automotive Tape Market Size And Forecast [2025-2032]
3M Corporate
Sumitomo Wiring Systems
Ltd.
Kyungshin Corporation
Ahlstrom-Munksjo Group (Head Office)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Automotive Tape Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Tape Market
Passenger Cars
Commercial Vehicles
Based on Types the Market is categorized into Below types that held the largest Automotive Tape market share In 2023.
Electrical Tape
Masking Tape
Double-Sided Tape
Self-Vulcanizing Tape
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Automotive Tape Market Research Analysis
1. Introduction of the Global Automotive Tape Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Tape Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Tape Market, By Type
6. Global Automotive Tape Market, By Application
7. Global Automotive Tape Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Automotive Tape Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/