Foam Tape Market Size and Share

Foam Tape Market (2025 - 2030)
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Foam Tape Market Analysis by Mordor Intelligence

The Foam Tape Market size is estimated at USD 10.22 billion in 2025, and is expected to reach USD 13.81 billion by 2030, at a CAGR of 6.21% during the forecast period (2025-2030). Electrification in automotive systems, rapid expansion of e-commerce fulfillment centers, and stricter construction codes are raising demand as foam tapes deliver sealing, insulation, and bonding in one material. Asia-Pacific leads with manufacturing scale and local demand, while Europe and North America pull demand upward through retrofit incentives and stringent fire-safety rules. Product design trends now favor hot-melt and solvent-free chemistries to meet low-VOC mandates, and bio-based foams move from niche to growth engines. Competitive focus is shifting from volume to value, with suppliers investing in debondable adhesives, EV battery solutions, and recyclable architectures that support circularity. 

Key Report Takeaways

  • By foam type, polyethylene retained 39.16% of the foam tapes market share in 2024; Other foam types are projected to expand at a 7.12% CAGR through 2030 
  • By tape type, single-sided accounted for 62.35% share of the foam tapes market size in 2024; double-sided products are forecast to grow at 7.35% CAGR between 2025-2030.
  • By resin, acrylic led with 43.60% revenue share in 2024; silicone resins register the fastest 7.42% CAGR through 2030. 
  • By technology, solvent-based lines held 48.28% share in 2024; hot-melt solutions rise at 6.95% CAGR to 2030.
  • By end-user industry, construction captured 35.51% of the foam tapes market share in 2024; electronics is advancing at a 7.54% CAGR through 2030. 
  • By region, Asia-Pacific accounted for the largest share of 42.18% in 2024, and is projected to grow at the fastest CAGR of 7.04% through 2030. 

Segment Analysis

By Foam Type: Bio-based Innovation Challenges PE Dominance

Polyethylene led the segment with 39.16% share in 2024 thanks to mature supply chains and low cost that satisfy construction and packaging demand. The foam tapes market size for polyethylene equates to USD 4.00 billion in 2025, but growth moderates as regulations drive users toward greener chemistries. Other foam types that include bio-based and specialty formulations expand at a 7.12% CAGR, the highest in the segment mix. Polyurethane variants face headwinds from EU diisocyanate training rules, and this constraint diverts volume into acrylic and silicone options that offer inherently lower hazard profiles.

Bio-based polyurethane derived from corn and castor oil delivers 30-50% lower carbon footprints, and Wanhua’s polyether polyols now meet automotive standards for compression set and shear. Fraunhofer’s FOIM technology, where thin polyurethane foil puffs into foam during lamination, removes isocyanate exposure during production while cutting shipping volume. Academic labs in Minnesota are scaling cashew-shell triblock copolymers that match adhesion strength yet degrade under mild composting conditions. These breakthroughs signal an impending shift, although scale-up economics still favor conventional PE in cost-sensitive jobs.

Foam Tape Market: Market Share by Foam Type
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

By Tape Type: Double-sided Applications Drive Premium Growth

Single-sided tapes commanded 62.35% revenue in 2024 relying on their versatility for gasketing, gap filling, and weather stripping. The foam tapes market share for single-sided stands resilient as contractors and OEMs value familiar installation and broad supplier choice. Double-sided tapes, while smaller, post 7.35% CAGR through 2030 on the strength of EV battery modules, façade panels, and electronic bezel bonding where two-way adhesion cuts assembly steps.

Avery Dennison has positioned its EVB tapes to replace rivets in structural attachments, winning design-ins that add USD 5-10 per vehicle. tesa’s Debonding on Demand series allows device repair by releasing with low-heat tools, meeting circular-design guidelines in consumer electronics. Commodity single-sided products remain a price-driven arena, but OEM qualification cycles provide stickiness for premium double-sided lines, offsetting lower absolute volumes with healthier contribution margins.

By Resin Type: Silicone Surge Driven by Thermal Applications

Acrylic resins topped with 43.60% share in 2024 due to balanced adhesion, UV tolerance, and price. Silicone resins accelerate at 7.42% CAGR given their unrivaled heat resistance, which is vital in EV battery packs and power semiconductors operating above 150 °C. Rubber-based adhesives retain a foothold where flexibility and cold-flow properties matter more than high-temperature survival.

DowSil’s TC-3080 curable gel exemplifies silicone’s expansion by combining low viscosity for automated dispensing with 3 W/m·K conductivity. Non-isocyanate polyurethane examines toxicity concerns yet must match acrylic clarity and cost. Hence, resin choice is pivoting from one-size-fits-all toward application-tailored chemistry, reinforcing supplier specialization trends.

By Technology: Hot-melt Gains Momentum from Automation Trends

Solvent-based lines held 48.28% revenue in 2024 backed by entrenched assets and strong bond strength. The foam tapes market size contribution from solvent lines will slip as low-VOC laws bite. Hot-melt CAGR stands at 6.95% through 2030 because 100% solids systems bypass drying ovens and run at higher web speeds. Water-based coatings serve interior applications where odor and VOC thresholds are tight, yet their slower drying limits high-speed lamination.

H.B. Fuller promotes hot-melt grades that cut energy use by 30% and lower freight costs due to solids content. Henkel paired hot-melt with UV-curing, marrying line speed with elevated heat resistance for high-temperature masking tapes. Converters weigh capex versus long-term compliance, yet many retrofit solvent assets with modular hot-melt heads to hedge regulatory risk while preserving sunk investments.

By End-User Industry: Electronics Surge Challenges Construction Leadership

Construction recorded 35.51% share in 2024 as retrofits, façades, and HVAC sealing rely on foam tapes for thermal bridges and fire blocking. Electrical and electronics lines outpace the pack with a 7.54% CAGR, propelled by semiconductor packaging that needs new thermal interface materials and EMI shielding functions. Automotive remains vital due to the metal-to-plastic shift and lightweighting, while aerospace and medical device niches deliver high margin but lower tonnage.

The IC packaging and testing sector will double to USD 137.10 billion by 2034, pulling high-temp tapes into flip-chip and wafer-level encapsulation. UFP Technologies supplies 25 of the top 30 medical device firms with foam components that meet ISO 10993 biocompatibility standards. Biomimetic octopus-suction tapes open new wound-closure avenues, merging medical and industrial know-how into future growth lanes. The downstream mix thus skews toward electronics without eroding construction’s base volume.

Foam Tape Market: Market Share by End-User Industry
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Note: Segment shares of all individual segments available upon report purchase

Geography Analysis

Asia-Pacific dominated with 42.18% revenue share in 2024 and leads at a 7.04% CAGR to 2030. China accounts for the largest slice through its EV and consumer electronics production hubs, while India supplies double-digit electronics growth supported by the Production Linked Incentive scheme. South Korea and Japan push premium demand in semiconductors and advanced materials. VOC rules in Chinese car interiors accelerated adoption of ultra-low-emission tapes, and these standards ripple into export markets, compelling global suppliers to certify to Chinese thresholds first.

North America shows steady growth underpinned by USD 9 billion in retrofit funding tied to the Inflation Reduction Act. Foam tapes fit window flashing, façade joints, and HVAC ducting upgrades, enabling fast project cycles without heavy gear. Sonoco invests USD 30 million to scale adhesive packaging capacity in Orlando, signaling confidence in regional demand. Near-shoring pushes Mexico to become the fourth-largest polyurethane consumer, offering short-haul supply for US automotive plants. The continent rewards suppliers with UL and NFPA approvals that speed municipal permitting.

Europe balances strict environmental compliance with materials innovation. The diisocyanate training regulation effective in 2023 nudged users toward acrylic and silicone systems. Saint-Gobain’s USD 1.025 billion FOSROC acquisition illustrates consolidation aimed at strengthening construction chemistry portfolios. Germany’s OEMs specify flame-retardant adhesives in lightweight body panels, while France’s aerospace sector demands FST-rated foams for cabin interiors. EU circularity policies enforce recyclability, prompting R&D into mono-material architectures. Export of these sustainable solutions to other continents supports revenue diversification for European headquarters.

Foam Tape Market CAGR (%), Growth Rate by Region
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Competitive Landscape

The foam tapes market is moderately fragmented. 3M led with USD 24.6 billion total sales in 2024 and invests in debondable acrylic platforms for consumer electronics. Avery Dennison generated USD 8.8 billion and directs its Materials Group toward intelligent labels and EV battery tapes that carry higher margins. tesa files over 50 patents around reversible adhesion to serve repairable smartphones and circular design. Rogers, Nitto Denko, and Saint-Gobain build moats in thermal and fire-safe foams, while regional players specialize in contract converting. 

Raw material cost swings trigger vertical integration moves. Dow extends silicone gel capacity, pairing polymer supply with direct tape coating services. Meanwhile Berry Global divested certain specialty tape units to refocus on core films, opening niches for mid-size converters to gain share. Innovation races center on bio-based foams, hot-melt UV chemistries, and in-process fire-barrier additives. Suppliers with global sites hedge geopolitical risk and win multinational sourcing contracts.

M&A is expected to climb as small converters lack capital for VOC-compliant upgrades. Saint-Gobain’s FOSROC deal sets the tone, and private equity interest rises where automation investments can double EBITDA in three years. Winners will align product lines with EV, electronics, and high-rise retrofit cycles, leveraging digital supply-chain tools to guarantee on-time delivery that OEMs now treat as critical to avoid production stoppages.

Foam Tape Industry Leaders

  1. 3M

  2. NITTO DENKO CORPORATION

  3. tesa Tapes (India) Private Limited

  4. IPG (Intertape Polymer Group)

  5. AVERY DENNISON CORPORATION

  6. *Disclaimer: Major Players sorted in no particular order
Foam Tape Market Analysis
Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Recent Industry Developments

  • July 2024: Avery Dennison has unveiled a new range of functional tapes for bonding foam and fiber materials in vehicles. This addition to its pressure-sensitive adhesive tapes addresses in-cabin noise, VOC-related odors, and OEM compliance.
  • November 2023: CCL Design launched the 5400 LSE series of acrylic foam tapes. Developed by the R&D team in Venray, Netherlands, the series offers primerless adhesion to plastics, strong bonding to polypropylene (PP), and excellent compatibility with automotive paints.

Table of Contents for Foam Tape Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Booming retrofit construction demand
    • 4.2.2 Rapid e-commerce packaging shift to foam tape
    • 4.2.3 Lightweighting push in EV battery pack assembly
    • 4.2.4 High-speed automated die-cutting adoption
    • 4.2.5 Building-code fire-safety upgrades for façades
  • 4.3 Market Restraints
    • 4.3.1 Volatile isocyanate & petro-feedstock prices
    • 4.3.2 Stringent VOC emissions limits on solvent lines
    • 4.3.3 Recycling-unfriendly multi-layer foam composites
  • 4.4 Value Chain Analysis
  • 4.5 Porter’s Five Forces
    • 4.5.1 Bargaining Power of Suppliers
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Threat of New Entrants
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Degree of Competition

5. Market Size & Growth Forecasts (Value)

  • 5.1 By Foam Type
    • 5.1.1 Polyethylene (PE)
    • 5.1.2 Polyurethane (PU)
    • 5.1.3 Acrylic
    • 5.1.4 Neoprene
    • 5.1.5 Other Foam Types (Bio-based, etc.)
  • 5.2 By Tape Type
    • 5.2.1 Single-Sided
    • 5.2.2 Double-Sided
  • 5.3 By Resin Type
    • 5.3.1 Acrylic
    • 5.3.2 Rubber
    • 5.3.3 Silicone
    • 5.3.4 Ethyl Vinyl Acetate (EVA)
    • 5.3.5 Other Resin Types (Epoxy, Bio-based, etc,)
  • 5.4 By Technology
    • 5.4.1 Solvent-Based
    • 5.4.2 Water-Based
    • 5.4.3 Hot-Melt
  • 5.5 By End-User Industry
    • 5.5.1 Construction
    • 5.5.2 Automotive
    • 5.5.3 Electrical and Electronics
    • 5.5.4 Aerospace
    • 5.5.5 Packaging
    • 5.5.6 Other End-user Industries (Food and Beverage, etc.)
  • 5.6 By Geography
    • 5.6.1 Asia-Pacific
    • 5.6.1.1 China
    • 5.6.1.2 Japan
    • 5.6.1.3 India
    • 5.6.1.4 South Korea
    • 5.6.1.5 ASEAN Countries
    • 5.6.1.6 Rest of Asia-Pacific
    • 5.6.2 North America
    • 5.6.2.1 United States
    • 5.6.2.2 Canada
    • 5.6.2.3 Mexico
    • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Spain
    • 5.6.3.6 Russia
    • 5.6.3.7 NORDIC Countries
    • 5.6.3.8 Rest of Europe
    • 5.6.4 South America
    • 5.6.4.1 Brazil
    • 5.6.4.2 Argentina
    • 5.6.4.3 Rest of South America
    • 5.6.5 Middle East and Africa
    • 5.6.5.1 Saudi Arabia
    • 5.6.5.2 South Africa
    • 5.6.5.3 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share(%)/Ranking Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products & Services, Recent Developments)
    • 6.4.1 3F GmbH Klebe- & Kaschiertechnik.
    • 6.4.2 3M
    • 6.4.3 AVERY DENNISON CORPORATION
    • 6.4.4 Berry Global Inc.
    • 6.4.5 CCL Design
    • 6.4.6 HALCO
    • 6.4.7 IPG (Intertape Polymer Group)
    • 6.4.8 LAMATEK, Inc.
    • 6.4.9 LINTEC Corporation.
    • 6.4.10 Lohmann
    • 6.4.11 Lynvale Ltd
    • 6.4.12 Nitto Denko Corporation.
    • 6.4.13 Rogers Corporation
    • 6.4.14 RPM International Inc
    • 6.4.15 Saint-Gobain
    • 6.4.16 Shurtape Technologies, LLC
    • 6.4.17 Teraoka Seisakusho co.,Ltd.
    • 6.4.18 tesa Tapes (India) Private Limited
    • 6.4.19 Wuxi Canaan Adhesive Technology Co., Ltd

7. Market Opportunities & Future Outlook

  • 7.1 White-Space & Unmet-Need Assessment

Global Foam Tape Market Report Scope

Foam tapes are used for temporary or permanent fastening, packaging, acoustic dampening, thermal insulation, and gap filling. They are made of open-cell or closed-cell foams, coated with different types of pressure-sensitive adhesives (PSAs), and they come in a variety of thicknesses. Each foam tape has unique features and ideal purposes. The foam tape market is segmented by foam type, type, resin type, technology, end-user industry, and geography. By foam type, the market is segmented into polyethylene, polyurethane, neoprene, acrylic, and other foam types. By type, the market is segmented into single sided foam tape and double sided foam tape. By resin type, the market is segmented into rubber, silicone, acrylic, EVA, and other resin types. By technology, the market is segmented into solvent-based, water-based, and hot-melt-based, and by end-user industry, the market is segmented into automotive, construction, electrical and electronics, aerospace, packaging, and other end-user industries. The report also covers the market size of and forecasts for the foam type market in 15 countries across major regions. For each segment, the market sizing and forecasts have been done on the basis of revenue (USD million).

By Foam Type
Polyethylene (PE)
Polyurethane (PU)
Acrylic
Neoprene
Other Foam Types (Bio-based, etc.)
By Tape Type
Single-Sided
Double-Sided
By Resin Type
Acrylic
Rubber
Silicone
Ethyl Vinyl Acetate (EVA)
Other Resin Types (Epoxy, Bio-based, etc,)
By Technology
Solvent-Based
Water-Based
Hot-Melt
By End-User Industry
Construction
Automotive
Electrical and Electronics
Aerospace
Packaging
Other End-user Industries (Food and Beverage, etc.)
By Geography
Asia-Pacific China
Japan
India
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa
By Foam Type Polyethylene (PE)
Polyurethane (PU)
Acrylic
Neoprene
Other Foam Types (Bio-based, etc.)
By Tape Type Single-Sided
Double-Sided
By Resin Type Acrylic
Rubber
Silicone
Ethyl Vinyl Acetate (EVA)
Other Resin Types (Epoxy, Bio-based, etc,)
By Technology Solvent-Based
Water-Based
Hot-Melt
By End-User Industry Construction
Automotive
Electrical and Electronics
Aerospace
Packaging
Other End-user Industries (Food and Beverage, etc.)
By Geography Asia-Pacific China
Japan
India
South Korea
ASEAN Countries
Rest of Asia-Pacific
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Russia
NORDIC Countries
Rest of Europe
South America Brazil
Argentina
Rest of South America
Middle East and Africa Saudi Arabia
South Africa
Rest of Middle East and Africa

Key Questions Answered in the Report

What is the current value of the foam tapes market and its expected growth?

The foam tapes market stands at USD 10.22 billion in 2025 and is forecast to reach USD 13.81 billion by 2030, advancing at a 6.21% CAGR.

Which region generates the highest demand for foam tapes?

Asia-Pacific accounts for 42.18% of global revenue in 2024 and is also the fastest-growing region at a 7.04% CAGR through 2030.

Which end-user segment is expanding the fastest?

Electrical and electronics applications lead growth with a 7.54% CAGR as EV battery packs and semiconductor packaging lift demand for high-temperature, precision bonding solutions.

How are environmental regulations influencing product development?

Stricter VOC limits and diisocyanate restrictions are accelerating shifts from solvent-based to hot-melt chemistries and boosting interest in bio-based and recyclable foam formulations.

Page last updated on:

Foam Tape Report Snapshots