Eco Friendly Low VOC Automotive Wiring Harness Tape Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 – 2032
The Global Eco Friendly Low VOC Automotive Wiring Harness Tape Market was valued at USD 470.5 million in 2023 and is projected to grow at a CAGR of 5.6% from 2024 to 2032. The increasing demand for electric vehicles (EVs) is significantly driving the market, particularly for wiring harnesses and low VOC tapes essential for these systems. The U.S. electric vehicle sector is expected to experience substantial growth, with projections indicating a rise from USD 49.1 million in 2022 to over USD 210 million by 2032, reflecting an annual growth rate exceeding 15%. EVs typically require more intricate wiring setups than traditional internal combustion engine (ICE) vehicles. Globally, governments are implementing stricter regulations aimed at minimizing volatile organic compounds (VOCs) in automotive manufacturing.
This regulatory shift encourages manufacturers to adopt eco-friendly materials for their wiring harness tapes. The harmful effects of VOCs, which contribute to air pollution and ozone layer depletion, have led to a growing awareness of the need for sustainable alternatives. Using low VOC tapes allows automakers to comply with these regulations while reducing emissions during production, thereby enhancing the overall environmental footprint of their vehicles. The market is segmented by product into passenger cars, commercial vehicles, and two-wheelers.
In 2023, passenger cars represented over 60% of the market share, with expectations to surpass USD 400 million by 2032. As advanced driver assistance systems (ADAS), such as lane-keeping assistance and adaptive cruise control, become increasingly integrated into passenger vehicles, the complexity of wiring systems is rising. This trend boosts the demand for durable and eco-friendly wiring harness tapes that can meet the rigorous requirements of modern automotive technology. In terms of applications, the eco-friendly low VOC automotive wiring harness tape market includes segments for engine compartments, cabins, chassis, battery and powertrains, and interior and exterior wiring harnesses. The engine compartment segment is anticipated to account for about 27% of the market in 2023. Tapes used in engine compartments must withstand extreme temperatures and harsh environments, necessitating low VOC options that offer enhanced thermal stability.
The Asia Pacific region leads the global eco-friendly low VOC automotive wiring harness tape market, holding over 45% of the share in 2023. Rapid urbanization and increasing vehicle ownership in markets such as India and Southeast Asia are propelling demand for sustainable automotive materials. Additionally, China’s prominent position in electric vehicle production further fuels the need for advanced eco-friendly tapes as manufacturers strive to achieve sustainability objectives while accommodating increasingly complex electrical systems in their vehicles.
This regulatory shift encourages manufacturers to adopt eco-friendly materials for their wiring harness tapes. The harmful effects of VOCs, which contribute to air pollution and ozone layer depletion, have led to a growing awareness of the need for sustainable alternatives. Using low VOC tapes allows automakers to comply with these regulations while reducing emissions during production, thereby enhancing the overall environmental footprint of their vehicles. The market is segmented by product into passenger cars, commercial vehicles, and two-wheelers.
In 2023, passenger cars represented over 60% of the market share, with expectations to surpass USD 400 million by 2032. As advanced driver assistance systems (ADAS), such as lane-keeping assistance and adaptive cruise control, become increasingly integrated into passenger vehicles, the complexity of wiring systems is rising. This trend boosts the demand for durable and eco-friendly wiring harness tapes that can meet the rigorous requirements of modern automotive technology. In terms of applications, the eco-friendly low VOC automotive wiring harness tape market includes segments for engine compartments, cabins, chassis, battery and powertrains, and interior and exterior wiring harnesses. The engine compartment segment is anticipated to account for about 27% of the market in 2023. Tapes used in engine compartments must withstand extreme temperatures and harsh environments, necessitating low VOC options that offer enhanced thermal stability.
The Asia Pacific region leads the global eco-friendly low VOC automotive wiring harness tape market, holding over 45% of the share in 2023. Rapid urbanization and increasing vehicle ownership in markets such as India and Southeast Asia are propelling demand for sustainable automotive materials. Additionally, China’s prominent position in electric vehicle production further fuels the need for advanced eco-friendly tapes as manufacturers strive to achieve sustainability objectives while accommodating increasingly complex electrical systems in their vehicles.
Report Content
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates & calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market scope & definition
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Industry synopsis, 2021 - 2032
CHAPTER 3 INDUSTRY INSIGHTS
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Raw material suppliers
3.2.2 Manufacturers
3.2.3 Distributors & retailers
3.2.4 End-users
3.3 Profit margin analysis
3.4 Pricing analysis
3.5 Technology & innovation landscape
3.6 Patent analysis
3.7 Key news and initiatives
3.8 Regulatory landscape
3.9 Impact forces
3.9.1 Growth drivers
3.9.1.1 Presence of stringent environmental regulations
3.9.1.2 Growing electric vehicle (EV) production and adoption across the globe
3.9.1.3 Consumer preference for sustainability
3.9.1.4 Technological advancements in material science
3.9.2 Industry pitfalls & challenges
3.9.2.1 Higher production costs for eco-friendly tapes
3.9.2.2 Limited performance in extreme conditions
3.10 Growth potential analysis
3.11 Porter’s analysis
3.12 PESTEL analysis
CHAPTER 4 COMPETITIVE LANDSCAPE, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
CHAPTER 5 MARKET ESTIMATES & FORECAST, BY MATERIAL, 2021-2032 ($BN, UNITS)
5.1 Key trends
5.2 PVC
5.3 Polyester
5.4 Polyethylene
5.5 Bio-based
5.6 Others
CHAPTER 6 MARKET ESTIMATES & FORECAST, BY ADHESIVE, 2021-2032 ($BN, UNITS)
6.1 Key trends
6.2 Acrylic
6.3 Rubber
6.4 Silicone
6.5 Others
CHAPTER 7 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2032 ($BN, UNITS)
7.1 Key trends
7.2 Engine compartment
7.3 Cabin
7.4 Chassis
7.5 Battery and powertrain
7.6 Interior & exterior wiring harness
7.7 Others
CHAPTER 8 MARKET ESTIMATES & FORECAST, BY VEHICLE, 2021-2032 ($BN, UNITS)
8.1 Key trends
8.2 Passenger cars
8.3 Commercial vehicles
8.4 Two wheelers
CHAPTER 9 MARKET ESTIMATES & FORECAST, BY SALES CHANNEL, 2021-2032 ($BN, UNITS)
9.1 Key trends
9.2 Direct sales
9.3 Distributors & wholesalers
9.4 Online retailers
CHAPTER 10 MARKET ESTIMATES & FORECAST, BY END USE, 2021-2032 ($BN, UNITS)
10.1 Key trends
10.2 OEM
10.3 Aftermarket
CHAPTER 11 MARKET ESTIMATES & FORECAST, BY REGION, 2021-2032 ($BN, UNITS)
11.1 Key trends
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.3 Europe
11.3.1 UK
11.3.2 Germany
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 Russia
11.3.7 Nordics
11.4 Asia Pacific
11.4.1 China
11.4.2 India
11.4.3 Japan
11.4.4 South Korea
11.4.5 ANZ
11.4.6 Southeast Asia
11.5 Latin America
11.5.1 Brazil
11.5.2 Mexico
11.5.3 Argentina
11.6 MEA
11.6.1 UAE
11.6.2 Saudi Arabia
11.6.3 South Africa
CHAPTER 12 COMPANY PROFILES
12.1 3M Company
12.2 Achem Technology Corp.
12.3 Adhesive Applications, Inc.
12.4 Avery Dennison Corporation
12.5 BASF SE
12.6 Berry Global Group
12.7 Chase Corporation
12.8 Dow Inc.
12.9 H.B. Fuller Company
12.10 Henkel AG & Co. KGaA
12.11 Intertape Polymer Group (IPG)
12.12 Lintec Corporation
12.13 Mactac
12.14 Nitto Denko Corporation
12.15 Orafol Europe GmbH
12.16 Permacel
12.17 Scapa Group Plc
12.18 Shurtape Technologies, LLC
12.19 Sika AG
12.20 Tesa SE
CHAPTER 1 METHODOLOGY & SCOPE
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates & calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market scope & definition
CHAPTER 2 EXECUTIVE SUMMARY
2.1 Industry synopsis, 2021 - 2032
CHAPTER 3 INDUSTRY INSIGHTS
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Raw material suppliers
3.2.2 Manufacturers
3.2.3 Distributors & retailers
3.2.4 End-users
3.3 Profit margin analysis
3.4 Pricing analysis
3.5 Technology & innovation landscape
3.6 Patent analysis
3.7 Key news and initiatives
3.8 Regulatory landscape
3.9 Impact forces
3.9.1 Growth drivers
3.9.1.1 Presence of stringent environmental regulations
3.9.1.2 Growing electric vehicle (EV) production and adoption across the globe
3.9.1.3 Consumer preference for sustainability
3.9.1.4 Technological advancements in material science
3.9.2 Industry pitfalls & challenges
3.9.2.1 Higher production costs for eco-friendly tapes
3.9.2.2 Limited performance in extreme conditions
3.10 Growth potential analysis
3.11 Porter’s analysis
3.12 PESTEL analysis
CHAPTER 4 COMPETITIVE LANDSCAPE, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
CHAPTER 5 MARKET ESTIMATES & FORECAST, BY MATERIAL, 2021-2032 ($BN, UNITS)
5.1 Key trends
5.2 PVC
5.3 Polyester
5.4 Polyethylene
5.5 Bio-based
5.6 Others
CHAPTER 6 MARKET ESTIMATES & FORECAST, BY ADHESIVE, 2021-2032 ($BN, UNITS)
6.1 Key trends
6.2 Acrylic
6.3 Rubber
6.4 Silicone
6.5 Others
CHAPTER 7 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2032 ($BN, UNITS)
7.1 Key trends
7.2 Engine compartment
7.3 Cabin
7.4 Chassis
7.5 Battery and powertrain
7.6 Interior & exterior wiring harness
7.7 Others
CHAPTER 8 MARKET ESTIMATES & FORECAST, BY VEHICLE, 2021-2032 ($BN, UNITS)
8.1 Key trends
8.2 Passenger cars
8.3 Commercial vehicles
8.4 Two wheelers
CHAPTER 9 MARKET ESTIMATES & FORECAST, BY SALES CHANNEL, 2021-2032 ($BN, UNITS)
9.1 Key trends
9.2 Direct sales
9.3 Distributors & wholesalers
9.4 Online retailers
CHAPTER 10 MARKET ESTIMATES & FORECAST, BY END USE, 2021-2032 ($BN, UNITS)
10.1 Key trends
10.2 OEM
10.3 Aftermarket
CHAPTER 11 MARKET ESTIMATES & FORECAST, BY REGION, 2021-2032 ($BN, UNITS)
11.1 Key trends
11.2 North America
11.2.1 U.S.
11.2.2 Canada
11.3 Europe
11.3.1 UK
11.3.2 Germany
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 Russia
11.3.7 Nordics
11.4 Asia Pacific
11.4.1 China
11.4.2 India
11.4.3 Japan
11.4.4 South Korea
11.4.5 ANZ
11.4.6 Southeast Asia
11.5 Latin America
11.5.1 Brazil
11.5.2 Mexico
11.5.3 Argentina
11.6 MEA
11.6.1 UAE
11.6.2 Saudi Arabia
11.6.3 South Africa
CHAPTER 12 COMPANY PROFILES
12.1 3M Company
12.2 Achem Technology Corp.
12.3 Adhesive Applications, Inc.
12.4 Avery Dennison Corporation
12.5 BASF SE
12.6 Berry Global Group
12.7 Chase Corporation
12.8 Dow Inc.
12.9 H.B. Fuller Company
12.10 Henkel AG & Co. KGaA
12.11 Intertape Polymer Group (IPG)
12.12 Lintec Corporation
12.13 Mactac
12.14 Nitto Denko Corporation
12.15 Orafol Europe GmbH
12.16 Permacel
12.17 Scapa Group Plc
12.18 Shurtape Technologies, LLC
12.19 Sika AG
12.20 Tesa SE
