The Structural Adhesives Market is expected to grow at a 5.8% CAGR, reaching USD 39.84 billion by 2034, up from USD 23.78 billion in 2024.

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Structural adhesives bond load-bearing materials like metal, composites, and plastics. They offer high strength, durability, and resistance to heat, chemicals, and stress, making them ideal for aerospace, automotive, and construction applications.

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Adhesive Tapes Industry: Market Segmentation and Growth Forecast (2023-2030)

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The economic value generated by the adhesive tapes industry was estimated at approximately USD 72.20 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of adhesive tapes, distribution & supply, and various products of adhesive tapes.

The rising application of adhesive tapes in industries such as construction, automotive, aerospace, electrical, and sports propels the global demand for adhesive tapes. Furthermore, increasing penetration of health care and hospitality industries in major developing countries such as India, China, Mexico, and Brazil is expected to boost demand for adhesive tapes over the forecast period.

Adhesive tapes are versatile and inexpensive, and they can be used for a variety of applications such as joining, masking, sealing, splicing, bundling, and surface protection. Adhesive tapes have grown in popularity since they do not require any machinery or specific tools to apply. They are light and compact and come in rolls that may be unwound as needed. Adhesive tape, unlike traditional mechanical fasteners such as screws and bolts, avoids the need to pierce or punch the substrate, causing stress on a surface. The aforementioned factors are expected to propel the adhesive tapes market.

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