Foam Tapes Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A tape is any narrow strip or band of material used to hold or fasten something. A tape can be magnetic as well. Foam tape is a type of tape which cater to the sealing and bonding needs of various industries, because of their properties like excellent dampening, cushioning and gasketing. Foam tapes proffer protection from solvents, ultraviolet rays, and moisture. They can also be double coated, with adhesive applied on both sides of the foam. Such double coated foam tapes are used in mounting applications. Foam tapes provide heat and sound insulation and are used in sealing gaps in walls or windows. They are appropriate for automotive applications, electronic component, trunks or hatches and sun roofs, fabricating windows etc.
MARKET DYNAMICS
Damage caused to the environment because of the conventional tapes and escalating awareness about eco-friendly products to curb the damage caused is driving the foam tapes market growth. Massive use of foam tapes in bonding, mounting, holding, splicing and its wide applications in industries namely, automotive, construction, electronics and paper & printing industries, are also driving forces towards the development of the market. However, upsurge in the prices of acrylic and other raw materials obstructs the fruitful growth of the foam tapes market. Increasing research and development activities for the advancement in the properties of foam tapes will surely bolster the growth of the foam tapes market in the near future.
MARKET SCOPE
The "Global Foam Tapes Market Analysis to 2031" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the foam tapes market with detailed market segmentation by resin type, foam type, backing material type, technology, end use industry and geography. The global foam tapes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading foam tapes players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global foam tapes market is segmented on the basis of resin type, foam type, backing material type, technology, end use industry and geography. On the basis of resin type the market classify into acrylic, rubber, silicone and others. On the basis of foam type, the market is broken into pe-backed foam type, pu-backed foam type and acrylic based foam type. The market on the basis of backing material type is bifurcated into polyester & polyether urethane, vinyl nitrile, pvc vinyl and pvc. As per technology the market is segmented into solvent absed, water based and hot-melt based. On the basis of end use industry the market is classified into automotive, building & construction, electrical & electronics, paper & printing and others.
REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The foam tapes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the foam tapes market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the foam tapes market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The foam tapes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the foam tapes market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the foam tapes market in these regions.
MARKET PLAYERSThe reports cover key developments in the foam tapes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from foam tapes market are anticipated to lucrative growth opportunities in the future with the rising demand for foam tapes in the global market. Below mentioned is the list of few companies engaged in the foam tapes market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the foam tapes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M Company
- Avery Dennison Corporation
- HALCO
- Intertape Polymer Group, Inc.
- Lamatek, Inc.
- Lintec Corporation
- Nitto Denko Corporation
- Scapa Group Plc
- Seal King Ind Co., Ltd.
- Tesa Se
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Foam Tapes Market - By Resin Type
1.3.2 Foam Tapes Market - By Foam Type
1.3.3 Foam Tapes Market - By Backing Material Type
1.3.4 Foam Tapes Market - By Technology
1.3.5 Foam Tapes Market - By End use industry
1.3.6 Foam Tapes Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FOAM TAPES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. FOAM TAPES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. FOAM TAPES MARKET - GLOBAL MARKET ANALYSIS
6.1. FOAM TAPES - GLOBAL MARKET OVERVIEW
6.2. FOAM TAPES - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FOAM TAPES MARKET - REVENUE AND FORECASTS TO 2028 - RESIN TYPE
7.1. OVERVIEW
7.2. RESIN TYPE MARKET FORECASTS AND ANALYSIS
7.3. ACRYLIC
7.3.1. Overview
7.3.2. Acrylic Market Forecast and Analysis
7.4. RUBBER
7.4.1. Overview
7.4.2. Rubber Market Forecast and Analysis
7.5. SILICONE
7.5.1. Overview
7.5.2. Silicone Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. FOAM TAPES MARKET - REVENUE AND FORECASTS TO 2028 - FOAM TYPE
8.1. OVERVIEW
8.2. FOAM TYPE MARKET FORECASTS AND ANALYSIS
8.3. PE-BACKED FOAM TAPE
8.3.1. Overview
8.3.2. Pe-Backed Foam Tape Market Forecast and Analysis
8.4. PU-BACKED FOAM TAPE
8.4.1. Overview
8.4.2. Pu-Backed Foam Tape Market Forecast and Analysis
8.5. ACRYLIC BASED FOAM TAPE
8.5.1. Overview
8.5.2. Acrylic Based Foam Tape Market Forecast and Analysis
9. FOAM TAPES MARKET - REVENUE AND FORECASTS TO 2028 - BACKING MATERIAL TYPE
9.1. OVERVIEW
9.2. BACKING MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
9.3. POLYESTER AND POLYETHER URETHANE
9.3.1. Overview
9.3.2. Polyester and Polyether Urethane Market Forecast and Analysis
9.4. VINYL NITRILE
9.4.1. Overview
9.4.2. Vinyl Nitrile Market Forecast and Analysis
9.5. PVC VINYL
9.5.1. Overview
9.5.2. PVC Vinyl Market Forecast and Analysis
9.6. PVC
9.6.1. Overview
9.6.2. PVC Market Forecast and Analysis
10. FOAM TAPES MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
10.1. OVERVIEW
10.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
10.3. SOLVENT BASED
10.3.1. Overview
10.3.2. Solvent Based Market Forecast and Analysis
10.4. WATER BASED
10.4.1. Overview
10.4.2. Water Based Market Forecast and Analysis
10.5. HOT-MELT BASED
10.5.1. Overview
10.5.2. Hot-Melt Based Market Forecast and Analysis
11. FOAM TAPES MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
11.1. OVERVIEW
11.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
11.3. AUTOMOTIVE BUILDING AND CONSTRUCTION ELECTRICAL AND ELECTRONICS PAPER AND PRINTING GENERAL INDUSTRIAL OTHERS
11.3.1. Overview
11.3.2. Automotive Building and Construction Electrical and Electronics Paper and Printing General Industrial Others Market Forecast and Analysis
12. FOAM TAPES MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Foam Tapes Market Overview
12.1.2 North America Foam Tapes Market Forecasts and Analysis
12.1.3 North America Foam Tapes Market Forecasts and Analysis - By Resin Type
12.1.4 North America Foam Tapes Market Forecasts and Analysis - By Foam Type
12.1.5 North America Foam Tapes Market Forecasts and Analysis - By Backing Material Type
12.1.6 North America Foam Tapes Market Forecasts and Analysis - By Technology
12.1.7 North America Foam Tapes Market Forecasts and Analysis - By End use industry
12.1.8 North America Foam Tapes Market Forecasts and Analysis - By Countries
12.1.8.1 Canada Foam Tapes Market
12.1.8.1.1 Canada Foam Tapes Market by Resin Type
12.1.8.1.2 Canada Foam Tapes Market by Foam Type
12.1.8.1.3 Canada Foam Tapes Market by Backing Material Type
12.1.8.1.4 Canada Foam Tapes Market by Technology
12.1.8.1.5 Canada Foam Tapes Market by End use industry
12.1.8.2 Mexico Foam Tapes Market
12.1.8.2.1 Mexico Foam Tapes Market by Resin Type
12.1.8.2.2 Mexico Foam Tapes Market by Foam Type
12.1.8.2.3 Mexico Foam Tapes Market by Backing Material Type
12.1.8.2.4 Mexico Foam Tapes Market by Technology
12.1.8.2.5 Mexico Foam Tapes Market by End use industry
12.1.8.3 US Foam Tapes Market
12.1.8.3.1 US Foam Tapes Market by Resin Type
12.1.8.3.2 US Foam Tapes Market by Foam Type
12.1.8.3.3 US Foam Tapes Market by Backing Material Type
12.1.8.3.4 US Foam Tapes Market by Technology
12.1.8.3.5 US Foam Tapes Market by End use industry
12.2. EUROPE
12.2.1 Europe Foam Tapes Market Overview
12.2.2 Europe Foam Tapes Market Forecasts and Analysis
12.2.3 Europe Foam Tapes Market Forecasts and Analysis - By Resin Type
12.2.4 Europe Foam Tapes Market Forecasts and Analysis - By Foam Type
12.2.5 Europe Foam Tapes Market Forecasts and Analysis - By Backing Material Type
12.2.6 Europe Foam Tapes Market Forecasts and Analysis - By Technology
12.2.7 Europe Foam Tapes Market Forecasts and Analysis - By End use industry
12.2.8 Europe Foam Tapes Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Foam Tapes Market
12.2.8.1.1 Germany Foam Tapes Market by Resin Type
12.2.8.1.2 Germany Foam Tapes Market by Foam Type
12.2.8.1.3 Germany Foam Tapes Market by Backing Material Type
12.2.8.1.4 Germany Foam Tapes Market by Technology
12.2.8.1.5 Germany Foam Tapes Market by End use industry
12.2.8.2 France Foam Tapes Market
12.2.8.2.1 France Foam Tapes Market by Resin Type
12.2.8.2.2 France Foam Tapes Market by Foam Type
12.2.8.2.3 France Foam Tapes Market by Backing Material Type
12.2.8.2.4 France Foam Tapes Market by Technology
12.2.8.2.5 France Foam Tapes Market by End use industry
12.2.8.3 Italy Foam Tapes Market
12.2.8.3.1 Italy Foam Tapes Market by Resin Type
12.2.8.3.2 Italy Foam Tapes Market by Foam Type
12.2.8.3.3 Italy Foam Tapes Market by Backing Material Type
12.2.8.3.4 Italy Foam Tapes Market by Technology
12.2.8.3.5 Italy Foam Tapes Market by End use industry
12.2.8.4 United Kingdom Foam Tapes Market
12.2.8.4.1 United Kingdom Foam Tapes Market by Resin Type
12.2.8.4.2 United Kingdom Foam Tapes Market by Foam Type
12.2.8.4.3 United Kingdom Foam Tapes Market by Backing Material Type
12.2.8.4.4 United Kingdom Foam Tapes Market by Technology
12.2.8.4.5 United Kingdom Foam Tapes Market by End use industry
12.2.8.5 Russia Foam Tapes Market
12.2.8.5.1 Russia Foam Tapes Market by Resin Type
12.2.8.5.2 Russia Foam Tapes Market by Foam Type
12.2.8.5.3 Russia Foam Tapes Market by Backing Material Type
12.2.8.5.4 Russia Foam Tapes Market by Technology
12.2.8.5.5 Russia Foam Tapes Market by End use industry
12.2.8.6 Rest of Europe Foam Tapes Market
12.2.8.6.1 Rest of Europe Foam Tapes Market by Resin Type
12.2.8.6.2 Rest of Europe Foam Tapes Market by Foam Type
12.2.8.6.3 Rest of Europe Foam Tapes Market by Backing Material Type
12.2.8.6.4 Rest of Europe Foam Tapes Market by Technology
12.2.8.6.5 Rest of Europe Foam Tapes Market by End use industry
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Foam Tapes Market Overview
12.3.2 Asia-Pacific Foam Tapes Market Forecasts and Analysis
12.3.3 Asia-Pacific Foam Tapes Market Forecasts and Analysis - By Resin Type
12.3.4 Asia-Pacific Foam Tapes Market Forecasts and Analysis - By Foam Type
12.3.5 Asia-Pacific Foam Tapes Market Forecasts and Analysis - By Backing Material Type
12.3.6 Asia-Pacific Foam Tapes Market Forecasts and Analysis - By Technology
12.3.7 Asia-Pacific Foam Tapes Market Forecasts and Analysis - By End use industry
12.3.8 Asia-Pacific Foam Tapes Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Foam Tapes Market
12.3.8.1.1 Australia Foam Tapes Market by Resin Type
12.3.8.1.2 Australia Foam Tapes Market by Foam Type
12.3.8.1.3 Australia Foam Tapes Market by Backing Material Type
12.3.8.1.4 Australia Foam Tapes Market by Technology
12.3.8.1.5 Australia Foam Tapes Market by End use industry
12.3.8.2 China Foam Tapes Market
12.3.8.2.1 China Foam Tapes Market by Resin Type
12.3.8.2.2 China Foam Tapes Market by Foam Type
12.3.8.2.3 China Foam Tapes Market by Backing Material Type
12.3.8.2.4 China Foam Tapes Market by Technology
12.3.8.2.5 China Foam Tapes Market by End use industry
12.3.8.3 India Foam Tapes Market
12.3.8.3.1 India Foam Tapes Market by Resin Type
12.3.8.3.2 India Foam Tapes Market by Foam Type
12.3.8.3.3 India Foam Tapes Market by Backing Material Type
12.3.8.3.4 India Foam Tapes Market by Technology
12.3.8.3.5 India Foam Tapes Market by End use industry
12.3.8.4 Japan Foam Tapes Market
12.3.8.4.1 Japan Foam Tapes Market by Resin Type
12.3.8.4.2 Japan Foam Tapes Market by Foam Type
12.3.8.4.3 Japan Foam Tapes Market by Backing Material Type
12.3.8.4.4 Japan Foam Tapes Market by Technology
12.3.8.4.5 Japan Foam Tapes Market by End use industry
12.3.8.5 South Korea Foam Tapes Market
12.3.8.5.1 South Korea Foam Tapes Market by Resin Type
12.3.8.5.2 South Korea Foam Tapes Market by Foam Type
12.3.8.5.3 South Korea Foam Tapes Market by Backing Material Type
12.3.8.5.4 South Korea Foam Tapes Market by Technology
12.3.8.5.5 South Korea Foam Tapes Market by End use industry
12.3.8.6 Rest of Asia-Pacific Foam Tapes Market
12.3.8.6.1 Rest of Asia-Pacific Foam Tapes Market by Resin Type
12.3.8.6.2 Rest of Asia-Pacific Foam Tapes Market by Foam Type
12.3.8.6.3 Rest of Asia-Pacific Foam Tapes Market by Backing Material Type
12.3.8.6.4 Rest of Asia-Pacific Foam Tapes Market by Technology
12.3.8.6.5 Rest of Asia-Pacific Foam Tapes Market by End use industry
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Foam Tapes Market Overview
12.4.2 Middle East and Africa Foam Tapes Market Forecasts and Analysis
12.4.3 Middle East and Africa Foam Tapes Market Forecasts and Analysis - By Resin Type
12.4.4 Middle East and Africa Foam Tapes Market Forecasts and Analysis - By Foam Type
12.4.5 Middle East and Africa Foam Tapes Market Forecasts and Analysis - By Backing Material Type
12.4.6 Middle East and Africa Foam Tapes Market Forecasts and Analysis - By Technology
12.4.7 Middle East and Africa Foam Tapes Market Forecasts and Analysis - By End use industry
12.4.8 Middle East and Africa Foam Tapes Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Foam Tapes Market
12.4.8.1.1 South Africa Foam Tapes Market by Resin Type
12.4.8.1.2 South Africa Foam Tapes Market by Foam Type
12.4.8.1.3 South Africa Foam Tapes Market by Backing Material Type
12.4.8.1.4 South Africa Foam Tapes Market by Technology
12.4.8.1.5 South Africa Foam Tapes Market by End use industry
12.4.8.2 Saudi Arabia Foam Tapes Market
12.4.8.2.1 Saudi Arabia Foam Tapes Market by Resin Type
12.4.8.2.2 Saudi Arabia Foam Tapes Market by Foam Type
12.4.8.2.3 Saudi Arabia Foam Tapes Market by Backing Material Type
12.4.8.2.4 Saudi Arabia Foam Tapes Market by Technology
12.4.8.2.5 Saudi Arabia Foam Tapes Market by End use industry
12.4.8.3 U.A.E Foam Tapes Market
12.4.8.3.1 U.A.E Foam Tapes Market by Resin Type
12.4.8.3.2 U.A.E Foam Tapes Market by Foam Type
12.4.8.3.3 U.A.E Foam Tapes Market by Backing Material Type
12.4.8.3.4 U.A.E Foam Tapes Market by Technology
12.4.8.3.5 U.A.E Foam Tapes Market by End use industry
12.4.8.4 Rest of Middle East and Africa Foam Tapes Market
12.4.8.4.1 Rest of Middle East and Africa Foam Tapes Market by Resin Type
12.4.8.4.2 Rest of Middle East and Africa Foam Tapes Market by Foam Type
12.4.8.4.3 Rest of Middle East and Africa Foam Tapes Market by Backing Material Type
12.4.8.4.4 Rest of Middle East and Africa Foam Tapes Market by Technology
12.4.8.4.5 Rest of Middle East and Africa Foam Tapes Market by End use industry
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Foam Tapes Market Overview
12.5.2 South and Central America Foam Tapes Market Forecasts and Analysis
12.5.3 South and Central America Foam Tapes Market Forecasts and Analysis - By Resin Type
12.5.4 South and Central America Foam Tapes Market Forecasts and Analysis - By Foam Type
12.5.5 South and Central America Foam Tapes Market Forecasts and Analysis - By Backing Material Type
12.5.6 South and Central America Foam Tapes Market Forecasts and Analysis - By Technology
12.5.7 South and Central America Foam Tapes Market Forecasts and Analysis - By End use industry
12.5.8 South and Central America Foam Tapes Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Foam Tapes Market
12.5.8.1.1 Brazil Foam Tapes Market by Resin Type
12.5.8.1.2 Brazil Foam Tapes Market by Foam Type
12.5.8.1.3 Brazil Foam Tapes Market by Backing Material Type
12.5.8.1.4 Brazil Foam Tapes Market by Technology
12.5.8.1.5 Brazil Foam Tapes Market by End use industry
12.5.8.2 Argentina Foam Tapes Market
12.5.8.2.1 Argentina Foam Tapes Market by Resin Type
12.5.8.2.2 Argentina Foam Tapes Market by Foam Type
12.5.8.2.3 Argentina Foam Tapes Market by Backing Material Type
12.5.8.2.4 Argentina Foam Tapes Market by Technology
12.5.8.2.5 Argentina Foam Tapes Market by End use industry
12.5.8.3 Rest of South and Central America Foam Tapes Market
12.5.8.3.1 Rest of South and Central America Foam Tapes Market by Resin Type
12.5.8.3.2 Rest of South and Central America Foam Tapes Market by Foam Type
12.5.8.3.3 Rest of South and Central America Foam Tapes Market by Backing Material Type
12.5.8.3.4 Rest of South and Central America Foam Tapes Market by Technology
12.5.8.3.5 Rest of South and Central America Foam Tapes Market by End use industry
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. FOAM TAPES MARKET, KEY COMPANY PROFILES
14.1. 3M COMPANY
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. AVERY DENNISON CORPORATION
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. HALCO
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. INTERTAPE POLYMER GROUP, INC.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. LAMATEK, INC.
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. LINTEC CORPORATION
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. NITTO DENKO CORPORATION
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. SCAPA GROUP PLC
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. SEAL KING IND CO., LTD.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. TESA SE
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. 3M Company
2. Avery Dennison Corporation
3. HALCO
4. Intertape Polymer Group, Inc.
5. Lamatek, Inc.
6. Lintec Corporation
7. Nitto Denko Corporation
8. Scapa Group Plc
9. Seal King Ind Co. , Ltd.
10. Tesa Se
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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