Nitto Denko Corp.Market growth driven by construction and automotive refinishing increases demand for Nitto Denko's masking tapes.
The global acrylic-based masking tapes market is projected to grow from $59.02 billion in 2025 to $63.25 billion in 2026, and further to $83.48 billion by 2030, at a compound annual growth rate of 7.2%. Growth is driven by automotive refinishing, construction finishing, electronics assembly, and the adoption of sustainable water-based acrylic adhesives. In January 2025, Mitsui Chemicals ICT Materia launched a water-based acrylic adhesive tape for fiber laser metal cutting with lower VOC emissions. The construction sector remains a key driver, with US construction spending reaching approximately $2.15 trillion in 2024, up 6.5% from the prior year. Asia-Pacific led the market in 2025, and major companies include 3M Company, Avery Dennison Corporation, tesa SE, and Nitto Denko Corporation.
Nitto Denko Corp.Market growth driven by construction and automotive refinishing increases demand for Nitto Denko's masking tapes.
Avery Dennison CorpMarket growth driven by construction and automotive refinishing increases demand for Avery Dennison's masking tapes.
3M CompanyMarket growth driven by construction and automotive refinishing increases demand for 3M's masking tapes.
Launched a water-based acrylic adhesive tape for fiber laser metal cutting with lower VOC emissions, a product innovation.
Market growth driven by construction and automotive refinishing increases demand for tesa's masking tapes.