1. What is the projected Compound Annual Growth Rate (CAGR) of the Acrylic Foaming Tape (AFT)?
The projected CAGR is approximately 3.3%.
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Acrylic Foaming Tape (AFT) by Type (Single-sided Tape, Double-sided Tape), by Application (Automotive, Electronic, Appliance Industry, Building, Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The Acrylic Foaming Tape (AFT) market is projected to grow from USD 2514.4 million in 2025 to USD 3541.9 million by 2033, at a CAGR of 3.3% during the forecast period. The market growth is attributed to the increasing demand for AFT in various end-use industries, such as automotive, electronics, appliance industry, and building.
Single-sided AFT is expected to hold a significant share of the market during the forecast period due to its wide range of applications in automotive interiors, electronic devices, and appliances. Double-sided AFT is also gaining popularity in the market due to its high bonding strength and conformability. The automotive industry is the largest end-use segment of the AFT market, followed by the electronics industry. The growing demand for AFT in the automotive industry is driven by the increasing production of lightweight vehicles and the need for improved fuel efficiency. In the electronics industry, AFT is used for bonding components and providing insulation. The appliance industry is also a major end-use segment of the AFT market, with AFT being used for bonding gaskets and seals. The building industry is another major end-use segment of the AFT market, with AFT being used for sealing windows and doors, and for mounting panels.
The global acrylic foaming tape (AFT) industry is expected to witness significant growth over the next five years, driven by the increasing demand for high-performance bonding and sealing solutions in various end-use industries. The market is projected to reach a value of $1.5 billion by 2027, growing at a CAGR of 6.2% during the forecast period. The rising adoption of AFT in automotive, electronics, and construction applications is expected to fuel market growth. Furthermore, the growing demand for lightweight and durable materials in the automotive industry is expected to drive the demand for AFT.
Several factors are driving the growth of the acrylic foaming tape (AFT) market:
Despite the promising growth prospects, the acrylic foaming tape (AFT) market faces certain challenges and restraints:
The Asia-Pacific region is expected to dominate the global acrylic foaming tape (AFT) market over the next five years, owing to the region's rapidly growing automotive and electronics industries. China, India, and Japan are expected to be the major contributors to the regional market.
In terms of segment, the double-sided tape segment is expected to hold a larger market share over the forecast period. This is attributed to the increasing demand for double-sided AFT in automotive assembly and electronic device manufacturing.
Several factors are expected to act as growth catalysts for the acrylic foaming tape (AFT) industry:
The global acrylic foaming tape (AFT) market is highly competitive, with a number of major players operating in the industry. Some of the key players include:
The acrylic foaming tape (AFT) industry has witnessed several significant developments in recent years:
This report provides a comprehensive overview of the global acrylic foaming tape (AFT) market, including market size, growth trends, key drivers, challenges, and restraints. The report also provides detailed analysis of the key segments and regions in the market. Additionally, the report includes profiles of the leading players in the AFT industry.
| Aspects | Details |
|---|---|
| Study Period | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 3.3% from 2019-2033 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research

Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 3.3%.
Key companies in the market include 3M, Nitto Denko, Saint-Gobain, tesa SE, Scapa, Avery Dennison, Intertape Polymer Group, AFTC Group, Olympic Bonding Solutions, SuZhou ShiHua New Material, Ajit Industries, MightyLoc, .
The market segments include Type, Application.
The market size is estimated to be USD 2514.4 million as of 2022.
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The market size is provided in terms of value, measured in million and volume, measured in K.
Yes, the market keyword associated with the report is "Acrylic Foaming Tape (AFT)," which aids in identifying and referencing the specific market segment covered.
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