The global water-based adhesive specialty tapes market was valued at USD 8.2 billion in 2020 and is anticipated to reach USD 8.5 billion by 2027, growing at a CAGR of 6.67% during the forecast period 2021-2027. Water-based adhesive is chemical composites that are made of by mixing water, polymers, and different additives.

The rising demand from the packaging industry owing to its features like durability, flexibility, and economic efficiency will stimulate the growth of the water-based adhesive specialty tapes market. Moreover, the extensive application in the automotive industry as double-sided tapes, protection tapes, and foam tapes are easy to fix and remove. Moreover, the increased demand for light and low emission vehicles such as smart cars and aluminum trucks will drive the growth of the market. It is used in the healthcare industry and is adopted in applications like surgical tapes and waterproof tapes to cover incisions and wounds. Moreover, water-based adhesive specialty tapes have antigenic properties and hold tightly on the skin, bandage, or dressing material, resulting in wide adoption in the healthcare sector.

Download Free Sample Copy Of Research Report: https://www.vynzresearch.com/chemicals-materials/water-based-adhesive-specialty-tapes-market/request-sample

APAC is anticipated to have the largest share in the global water-based adhesive specialty tapes market owing to the expansion of the automotive, healthcare, and electronics, and electrical sectors. Moreover, the rising disposable income and economic growth may augment the growth in the region. Europe is anticipated to have a strong growth during the forecast period in the water-based adhesive specialty tapes market owing to robust growth in building bridges and highways and growing business investments in buildings. Moreover, the rising urban population and an increasing number of immigrants may further propel the growth of the market.

Henkel is one of the trusted water-based adhesive manufacturers and offers various products in AQUENCE that are coater-ready and superior finishes allow customers to maintain product quality and enhance the total cost of ownership. Moreover, the company’s products are used in various applications like books, home appliances, medical tape, and packaging.

In November 2021 HB Fuller Company has launched a new generation of high-performance water-based adhesives with Swift® tak 5730 grade to create consumer-safe, liquid-resistant paper straws as it provides superior performance, is consistent, sustainable, easily machinable, and increases the overall productivity.

Bostik has launched a novel and advanced water-based adhesive for automotive interior assembly applications called Aquagrip 3720. The product is suitable for bonding low surface energy, rigid substrates to the closed-cell foam and foam-backed materials, thereby enhancing process efficiencies and product performance and decreasing the environmental impact, and improving worker safety. This product is also plasticizer-resistant, responsive to heat, and suited with one-sided application processes to simply meet manufacturing requirements.

Key players in the water-based adhesive specialty tapes market include Dymax, 3M, Bostik, NITTO DENKO CORPORATION, HB Fuller Company, LINTEC Corporation, Henkel AG & Co. KGaA, AVERY DENNISON CORPORATION, Intertape Polymer Group, and Lohmann GmbH & Co.KG.

Source: VynZ Research