The water-based adhesive specialty tapes market will reach USD 9,514.9 million, advancing at a 6.5% compound annual growth rate, by 2030.

The progression of the water-based adhesive specialty tapes industry is primarily attributed to the growing automotive sector, advantages offered by water-based adhesive specialty tapes as compared to conventional bonding approaches, and surging demand for these tapes from the healthcare sector.

Water-based adhesive specialty tapes are extensively utilized in the automotive sector, because such protection tapes, foam tapes, and double-sided tapes are easy to remove or fix. Advancements in the technology of automotive and the arrival of new automobiles, for instance, aluminum trucks and smart cars, are likely to further boost the growth of the industry in the years to come.

In the past few years, the polyvinyl acetate (PVA) emulsion category, on the basis of resin type, accounted for the largest share in the industry. This can be primarily because of the fact that polyvinyl acetate adhesives offer clear, hard films that have excellent weather resistance and can survive oil, grease, petroleum fuels, and water.

Moreover, polyvinyl acetate also possesses properties such as an almost-invisible bond line, high initial tack, softening at temperatures between 30 to 45 C, low cost, and good resistance to biodegradation.

In the past few years, the construction category, based on industry, accounted for the largest water-based adhesive specialty tapes market share, and it will remain the largest in the years to come. This is mainly because of the increasing need for these products for numerous applications, for instance, coatings, mortar modifications, and waterproofing.

Furthermore, the inexpensive housing and smart cities expansion are likely to boost the requirement for polyvinyl acetate-emulsion-adhesive specialty tapes in the sector of construction.

Additionally, this category will also observe the fastest growth in the years to come. This is mainly because of the high amount of utilization of APE-adhesive-based specialty tapes due to their exceptional non-flammable property and performance. Furthermore, these can be formulated into inks and overprint varnishes to impart rub resistance, water resistance, high gloss, and alkali resistance.