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Rubber based adhesives are adhesives made using rubber (both natural and synthetic, high molecular weight rubbers and elastomers) as their base material. Rubber based adhesives are generally used as a solvent-based solutions, latex, cements and pressure-sensitive tapes. Rubber based adhesive market was estimated to be USD 56.59 billion in 2018, and is now projected to reach USD 71.99 billion by 2023, at a CAGR of 4.93% between 2018 and 2023. The market for the rubber-based adhesives is driven by the growth of the automobile and the electronic industry. Around 30% of the total patents in the technical domain relate to inventions that are explicitly meant for electronics and automotive industry.
In the Asia-Pacific region, Chinas is most in demand as far as supply of adhesive tapes is concerned. In Europe, the demand of building and construction industry is fuelling the demand for adhesive tapes. Some of the key players operating in the global rubber based adhesive market include Swabs Tapes India Private Limited, MBK Tape Solutions, PPM Industries SPA, Godson Tapes Pvt. Limited, 3A Associates Incorporated, 3M Company, Tesa SE and Intertape Polymer Group, Inc.
Recently, our Patent Research Team at K&K and IIPRD performed a detailed analysis of patenting activity pertaining to rubber-based adhesives in order to understand the underlying technologies. A copy of detailed report containing graphical representation of patenting trends can be downloaded from here. The research and Development activity in the rubber based adhesive domain is evolving, and post 2010, rubber based adhesive industry has seen a significant rise in patent filing in various patent offices across the globe. In fact, our research shows, that more than 46% patents are still pending. Higher percentages of applications point to a new or growing market. Although Japan is the breeding ground of majority of inventions related to rubber based adhesives, few others countries, like Volgograd State Technical University in Russia has shown keen interest in this technology space and have filed a good count of patents related to both Natural rubber and Synthetic rubber based adhesives.
For updated copy or more detailed version of the report, please write us at Sanjay@iiprd.com.