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New report shares details about the adhesive tapes market to hit 6.26% to 2022

Materials & Chemicals Research

Key players operating in the adhesives tapes markets include 3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US), Shurtape Technologies, LLC (US), and Scapa Group Plc (UK).

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The adhesive tapes market is projected to grow from USD 51.25 billion in 2017 to USD 69.42 billion by 2022, at a CAGR of 6.26% between 2017 and 2022. The rising demand for adhesive tapes across various applications, such as packaging, healthcare, electrical & electronics, building & construction, white goods, and paper & printing is expected to drive the growth of the adhesive tapes market.

Key Target Audience:

  • Adhesive Tapes Manufacturers
  • Adhesive Tapes Material Suppliers
  • Raw Material Suppliers
  • Formulation Technology Providers
  • Industry Associations
  • Automotive Companies
  • Healthcare Tapes Manufacturers
  • Electrical & Electronics Equipment Manufacturers
  • Packaging Companies
  • NGOs, Government, and Regional Agencies
  • Research Organizations and Associations

Factors such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the adhesive tapes market have also been studied in this report. The report analyzes opportunities in the adhesive tapes market for stakeholders and presents a competitive landscape of the market.

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Asia Pacific is the fastest-growing market for adhesive tapes. The economic growth of emerging countries, such as China, India, Taiwan, Indonesia, Vietnam, and Malaysia, is projected to drive the demand for adhesive tapes in the Asia Pacific region.

China is projected to lead the adhesive tapes market in the Asia Pacific region.

Breakup of Primary Interviews:

  • By Company Type: Tier 1–65%, Tier 2–27%, and Tier 3–8%
  • By Designation: C-Level Executives –46%, Directors –40%, and Others–14%
  • By Region: North America–37%, Europe–21%, AsiaPacific–26%, South America–8%, and the Middle East & Africa–8%

Adhesives tapes market has been segmented into solvent-based, water-based, and hot-melt. The hot-melt segment is expected to grow at the highest CAGR during the forecast period.

Hot-melt technology provides the advantage of high strength and immediate bond, which makes them ideal for a variety of applications, such as building & construction, automotive, white goods, and electrical & electronics. Benefits of using hot-melt technology include excellent adhesion, quick set and ease of use, and fast processing.

Click Here for Adhesive Tapes Market by Resin Type (Acrylic, rubber, silicone), Technology (Solvent, Water and Hot-Melt-Based), Substrate (PP, Paper, PVC), Application (Packaging, Healthcare, Electrical & Electronics, Automotive), and Region-Global Forecast to 2022 at www.rnrmarketresearch.com/contacts…ount?rname=411791 .

Research Coverage

This report provides detailed segmentation of the adhesive tapes market on the basis of resin type, technology, backing substrate, category, application, and region. Based on resin type, the market has been segmented into acrylic, rubber, silicone, and others.

Based on technology, the market has been segmented into solvent-based, water-based, and hot-melt. Based on backing substrate, the market has been segmented into polypropylene, paper, Polyvinyl Chloride (PVC), and others.

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