High-Temperature Adhesive Tapes Market Size (2023 – 2030)

The High-Temperature Adhesive Tapes Market was valued at USD 690 Million and is projected to reach a market size of USD 961.15 Million by the end of 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 4.23%. 

Earlier, High-Temperature adhesive tapes were primarily used in chemical and electronics manufacturing industries to protect the components and surface from extreme environmental conditions. However, with research and development in technology, the applicability of High-Temperature adhesive tapes increased in the market. These include the use of tapes in aerospace and defense industries, agricultural components, use for High-Temperature adhesive tapes in EVs and electric motors, and others. Moreover, increased demand for tapes with advanced adhesion and protection qualities has led to the development of High-Temperature adhesive tapes that can withstand UV exposure, and are water and fireproof. Furthermore, the future for the High-Temperature adhesive market holds positive, as trends in sustainable technologies increase, leading to further development of natural High-Temperature adhesive tapes, that are prepared using natural and plant-based formulations.

Key Market Insights:

As per Green Home Gnome, insulation can reduce heating and cooling costs by over 40%.

Faulty insulation or low-quality insulation in medical devices can result in failure and injuries to patients. This is evident from the data by USDA, which showed that 80,000 deaths and 1.7 million injuries were associated with medical devices in the past decade.

Furthermore, electrical safety is of utmost importance, especially in consumer electronic products and therefore using High-Temperature adhesive tapes for insulation can eliminate potential electrical hazards. As per the US Consumer Product Safety Commission, there are nearly 400 electrocutions (deaths from electrical hazards) each year in the USA, of which 180 are associated with consumer products.

High-Temperature Adhesive Tapes Market Drivers:

Increased demand for consumer electronics has boosted the demand for High-Temperature adhesive tapes in the market.

Consumers have been increasingly demanding electronics that are powerful, durable, and energy-efficient. This is fulfilled by the usage of High-Temperature adhesive tapes in the components of these electronics.  Moreover, these tapes are used for insulating and sealing microchips, and circuit boards, protecting the smartphone and television screen from outside debris, and others. In addition, High-Temperature adhesive tape maintains the structural integrity of the device, such that it is increasingly used in LCD and OLED display panels for bonding the layers that keep the materials aligned inside. Moreover, microchips and batteries in smartphones are insulated using these tapes that prevent the mobile from heating during excess usage or charging, thus preventing potential safety hazards.

Technological advancements have boosted the demand for High-Temperature adhesive tapes in the market.

Technological advancements in electronics such as the miniaturization of electrical components such as in battery technology in EVs, and increased incorporation of nano-technology in various semiconductor and electrical components have developed the market for High-Temperature adhesive tapes. In addition, increased usage of renewable technologies such as solar panels, PVs, wind turbines, and others has further increased the usage of these tapes for increasing the efficiency of renewable technologies. Moreover, these tapes protect the mountings of solar panels and turbine blades from extreme environmental conditions such as heat, moisture, debris, and others. Acrylic foam structural bonding tapes are widely used for insulation in renewable technologies. Further advancements such as 3D printing or 3D food printing have further led to the development of High-Temperature printing materials that can withstand extreme weather conditions and make the printed food safe for consumption.

High-Temperature Adhesive Tapes Market Restraints and Challenges:

The expensive cost of raw materials can decrease the demand for High-Temperature adhesive tapes in the market. Adhesive tapes with advanced resistance properties require special materials such as silicone, which can decrease the demand for High-Temperature adhesive tapes in the market.

Furthermore, High-Temperature adhesive tapes leave behind residual glue, which can affect the surface of the component by leaving behind sticky spots, leading ng to a decline in demand for High-Temperature adhesive tapes in the market.

High-Temperature Adhesive Tapes Market Opportunities:

The High-Temperature Adhesive Tapes Market is anticipated to deliver lucrative opportunities for businesses, which include acquisitions, partnerships, collaborations, product launches, and agreements during the forecasted period. Furthermore, increasing demand for efficient and reliable bonding material in various industries is predicted to develop the market for High-Temperature adhesive tapes and enhance its future growth opportunities.

HIGH-TEMPERATURE ADHESIVE TAPES MARKET REPORT COVERAGE:

High-Temperature Adhesive Tapes Market Segmentation: By Material Type

• Acrylic Adhesive Foil Tape

• Silicone Adhesive Tape

• Aluminium Foil Tape

• Others

In 2022, based on market segmentation by material type, acrylic adhesive foil tape occupied the highest share of about 30% in the market. The growth of this segment is attributed to its versatility, excellent temperature resistance, and strong bonding capabilities in various industries such as automotive, electronics, construction, and others. Moreover, these tapes are used for insulation and sealing purposes, as they are durable in nature and prevent any component from harsh environments. Further, the most common uses of acrylic adhesive foil tape are in the electronics industry for insulating and protecting electrical components such as circuit boards, microprocessors, wires, and cables, in batteries of consumer electronics, and others.

Silicone adhesive tape is the fastest-growing segment during the forecast period. The growth is attributed to excellent temperature resistance properties and flexibility in operation for insulation and protection across various industries such as electronics, chemicals, healthcare, aerospace, and others. Moreover, due to their moisture resistance properties and conformability, silicone adhesive tapes are increasingly used in microfluidic applications such as lab-on-chip devices.

High-Temperature Adhesive Tapes Market Segmentation: By Industry

• Chemical

• Electronics & Semiconductor

• Aerospace & Defense

• Healthcare

• Automotive

• Food & Beverage

• Packaging

• Others

In 2022, based on market segmentation by industry, electronics & and semiconductors occupied the highest share of about 38% in the market. High-temperature adhesive tapes, due to their temperature resistance, moisture resistance, versatility, and flexibility are widely used in electronics and semiconductors for protecting and insulating electrical components from potential damage due to the environment. These include the use of tapes for insulating circuit board components such as capacitors, and resistors, the use of tapes for protecting wires and cables from shot circuits, the use of High-Temperature adhesive tapes in the production and manufacturing of semiconductors, and others. Furthermore, rising consumer demand for LCD and OLED display televisions has further increased the demand for High-Temperature adhesive tapes by manufacturers for maintaining the structural integrity of the device and for bonding layers in LCD and OLED televisions that help in aligning the materials inside the display panel. Additionally, these tapes are extensively used in other devices such as smartphones and wearables for protecting the device from moisture and dust and preventing future damage.

The automotive segment is the fastest-growing segment during the forecast period. High-adhesive tapes are widely used in insulating and protecting automotive components that are sensitive to heat and extreme temperature conditions. Moreover, they are also used to secure and increase the durability of interior car components such as dashboards, headliners, door and window panels, and others. Additionally, High-Temperature adhesive tapes are used for heat shielding in brakes and exhaust pipes of cars that prevent damage from extreme exposure to heat. In addition, the growing electrical vehicle (EV) industry is further increasing the demand for high adhesive tapes, particularly for securing battery components and for securing and insulating components in electric motors.

High-Temperature Adhesive Tapes Market Segmentation: Regional Analysis

• North America

• Europe

• Asia-Pacific

• South America

• Middle-East & Africa

In 2022, based on market segmentation by region, North America occupied the highest share of about 32% in the market. Technological advancements in the electronics industry and the rapid adoption of electric vehicles are contributing to the growth of High-Temperature adhesive tapes in the region.

Asia-Pacific is the fastest-growing region during the forecast period. Increased consumer electronics such as televisions, smartphones, laptops, and others, and an increase in infrastructural projects contributed to the growth of High-Temperature adhesive tapes in the region.

COVID-19 Impact Analysis on the High-Temperature Adhesive Tapes Market

The pandemic had a significant impact on the High-Temperature adhesive tapes market. On one hand, the sourcing of raw materials for the production of High-Temperature adhesive tapes witnessed a slowdown due to travel restrictions and labor shortages during the pandemic. However, increased demand for smartphones and laptops due to an increase in remote work and study culture, and increased demand for medical devices in the healthcare sector such as sterilization devices, imaging and diagnosing devices, and others raised the demand for High-Temperature adhesive market. However, supply chain disruptions during the pandemic limited the distribution of these tapes to their desired sectors, leading to a decline in market growth for High-Temperature adhesive tapes.

Latest Developments:

The market for High-Temperature adhesive tapes is witnessing upward growth in the market with increasing demand for insulation from the healthcare and electronic sectors. Moreover, increasing trends in sustainability and sustainable technologies have led to the development of bio-compatible and natural adhesive tapes to help reduce the carbon footprint released during the production of these tapes and conserve the environment.

• In December 2020, 3M launched silicone adhesive tape for wearable medical devices. The product named – 3M Hi-Tack Silicone Adhesive Tapes, is a single coated medical nonwoven tape that can provide secured adhesion even to heavier medical devices.

Key Players:

1. 3M

2. Henkel Adhesives

3. Sha Kundanmal Misrimal

4. Hopelight Electrical Co.Limited

5. Superb Heater

6. Daest Coating India Pvt Ltd

7. Saint-Gobain Tape Solutions

8. BriskHeat

9. Vitcas

10. Adhtapes