The global automotive adhesive tapes market size was USD 6.19 billion in 2015 and is expected to witness significant growth over the next eight years owing to rising vehicle production in China, India, Mexico, and Brazil. Increasing automotive adhesive tapes demand in light of its high durability and protection will fuel market expansion over the upcoming years. Growing consumption of automotive adhesive tapes in automotive accessories, brake shims, roof ditch molding, and automotive exterior trim parts as they offer unique adhesion and stress relaxation properties are expected to promote industry expansion. The product will witness high growth on account of growing demand for passenger and commercial automobiles over the next eight years. Asia Pacific automotive adhesive tapes market dominated the global demand, in terms of volume as well as value. The market was valued at USD 2.89 billion in 2015. This trend is expected to continue on account of increasing vehicle production in China, India, and Thailand. Expansion of road networks in Asia Pacific coupled with the commitment of governments towards industrial and infrastructure development is expected to increase vehicles sales in the region and will have a favorable impact on automotive adhesive tapes market over the upcoming years. China is expected to drive the demand in light of growing domestic producers along with increasing infrastructure sector over the forecast period. The presence of automobile giants including Toyota Motors, Honda Automobile, Nissan Motors, Hino Motors, and General Motors will stimulate industry expansion. Moreover, the presence of tape manufacturers including Nitto Denko Lintec, and 3M will spur market size over the next eight years. The industry is mainly dominated by major players including Nitto Denko Corporation, tesa SE, 3M, and Lintec, together accounting for over 20% of the overall industry share in 2015. Other participants include Adchem Corporation, ABI Tape Products, Avery Dennison Corporation, and Jonson Tapes Limited. The industry is extremely competitive in nature with the major players involved in constant product innovation through extensive R&D. In May 2015, Nitto Denko Corporation established a new production facility in Taiwan, which will produce PVC tapes used for automotive wire harness bundling. The company’s production capacity is set to increase by 20%.