The automotive wiring harness tape market continues to expand, and there is broad room for domestic substitution in the Chinese market

Automotive wiring harness tape refers to a tape specially used for winding wiring harnesses in the automotive industry and is a type of insulating tape. Automotive wiring harness tape is widely used in the automotive field. It generally has the characteristics of high viscosity, strong stretchability, corrosion resistance, abrasion resistance, stain resistance, waterproofness, and aging resistance, as well as bundling wire harnesses, insulation protection, sound absorption and noise reduction, and marking. Marking and other functions are one of the key materials of automobiles.

The automobile wiring harness is the “nervous system” of the car and is almost everywhere in the car. Currently, with the rapid development of the automobile industry and the increasingly advanced related design concepts, wire harnesses with different functional parts have put forward diversified requirements for the performance of the tape. As a result, the types of automotive wiring harness tapes continue to increase, including heat-resistant vinyl tapes used for winding and installation of wire harnesses for engines and high-temperature components, fleece tapes used for floor wiring harness installations, and silicone tapes used to improve the waterproofness of wiring harnesses. , isobutylene tape, as well as sponge tape, polyethylene tape, cloth-based tape that perform other functions, etc., the product range is relatively rich.

In recent years, benefiting from the steady development of the automotive industry, the automotive wiring harness tape market has continued to expand. According to data from the China Association of Automobile Manufacturers, my country’s automobile production and sales in 2022 will complete 27.021 million units and 26.864 million units respectively, a year-on-year increase of 3.4% and 2.1% respectively. Against this background, the domestic automotive wiring harness tape market size in 2022 will be approximately 1.81 billion yuan, a year-on-year increase of 7.9%.

According to the “Automotive Wiring Harness Tape Industry Market In-depth Research and Investment Prospects Forecast Analysis Report 2023-2028” released by the Industrial Research Center, At present, there are a large number of automobile wiring harness tape manufacturers in my country, mainly including Fujian Youyi Adhesive Tape, Jiangsu Wanzhou Adhesive Products, Zhejiang Rongtai Electrical Equipment, Hefei Bixi Automotive Technology, Jiangsu Ruin New Materials, Guangzhou Zhongke Electrical Appliances, Changchun Lianyi wire harness adhesive tape, Wenzhou Lianyi wire harness adhesive tape, Jiaxing Shengxiang Weaving, Changchun Huayuan auto parts, etc.

Affected by high technical and customer barriers, the domestic automotive wiring harness tape market is still dominated by international companies, including German TESA, American 3M, Nitto Denko, and Japanese DIC companies. The above four companies account for more than 80% of my country’s automotive wiring harness tapes. market share, and the level of localization is low. In the future, with the gradual rise of domestic automobile brands and the continuous improvement of the technical level of local automobile wiring harness tape companies, the localization process of my country’s automobile wiring harness tape market is expected to continue to accelerate, and the industry has huge development potential.

Industry analysts said that automotive wiring harness tape is one of the important materials for automobiles, with excellent performance and application scenarios. widely. Under the background of the steady development of the domestic automobile industry, the market demand for automobile wiring harness tapes continues to increase, the scale continues to expand, and the industry has broad prospects for development. However, due to technical limitations, the current localization level of my country’s automotive wiring harness tape market is still relatively low, and there is still huge room for development in the industry in the future.