According to the new market research report on the "Foam Tape Market by Resin (Acrylic,
Rubber, Silicone), Technology (Solvent, Water, Hot-Melt), Type (PE, PU, Acrylic), End-
Use Industry (Automotive, Building & Construction, Electrical & Electronics, Paper &
Printing), and Region - Global Forecast to 2023"published by MarketsandMarkets™,
The Foam Tape Market is estimated at USD 7.44 billion in 2018 and is projected to reach USD
10.35 billion by 2023, at a CAGR of 6.83% between 2018 and 2023. Foam tapes are pressure-
sensitive and self-adhesive tapes that are coated with adhesive on one side or both sides of
the foam types such as PE, PU, acrylic and (nitrile, EVA, rubber, polyester, polyether, PVC,
and vinyl). These tapes are created by applying a thin adhesive layer to various foam types.
The type of adhesive and the type of foam play important roles in determining the strength,
cost, and ease of use and life of the foam tape. Foam tapes are widely used in the industries
such as automotive, building & construction, and electrical & electronics for bonding,
holding, mounting, splicing, and other purposes.
Browse 105 Market Data Tables and 54 Figures spread through 151 Pages and in-depth TOC
on " Foam Tape Market "
https://www.marketsandmarkets.com/Market-Reports/foam-tape-market-129611939.html
Early buyers will receive 10% customization on this report.
Silicone - to be the fastest-growing resin type for foam tape during the forecast
period.
The silicone segment is projected to grow at the fastest rate than the other resin types
because of its better adhesion properties. Silicone resin-based foam tape maintains
adhesion over a larger temperature range and possesses the ability to adhere to difficult
surfaces. These factors are expected to drive the market for silicone resin-based foam tape
during the forecast period.