Pressure-sensitive tape has a high degree of functionality, which in turn often results in savings of time and money, quality improvements via enhanced performance, and improved aesthetics. In multiple examples across several markets, process improvements such as reduced preparation time and decreased downtime add to the overall value generated by pressure-sensitive tape use.
The use of adhesives in electric vehicles (EVs) is even more widespread than in conventional automobiles. In both types of vehicles, adhesives offer many advantages, including ease of use compared to welding, environmental resistance, sealing, distributing stress, and joining dissimilar materials.
Several key trends will help drive the 6.1% CAGR expected for automotive adhesive tape revenues through 2028.
February 9, 2022
Automotive adhesive tapes are lighter than mechanical fasteners such as screws and fasteners and simplify the automobile manufacturing process. The global automotive adhesive tapes market was valued at $8.7 billion in 2020 and is expected to account for $13.8 billion by 2028.
Historically, about one-third of 3M’s annual sales come from products created in the past five years, so the impact is expected to expand greatly with each successive year.
September 16, 2020
3M recently announced that each 3M product entering the new product commercialization process will include a Sustainability Value Commitment that demonstrates how it drives impact for the greater good.
DuPont’s BETASEAL X2500 was named a runner-up, while its BETAMATE 1640 was named a finalist.
August 12, 2020
DuPont recently announced that it has received finalist and runner-up designations in the 2020 Altair Enlighten Award competition, an awards program in the automotive industry dedicated to vehicle lightweighting.
The final rule will increase stringency of CAFE and carbon dioxide emissions standards by 1.5% each year through model year 2026.
April 13, 2020
The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) and the U.S. Environmental Protection Agency (EPA) recently released the final Safer Affordable Fuel-Efficient (SAFE) Vehicles Rule, setting corporate average fuel economy (CAFE) and carbon dioxide emissions standards for model years 2021-2026 for passenger cars and light trucks.