Adhesive Tapes Market Size, Industry Share, Growth, Global Research Report 2022-2027
The latest report by IMARC Group, titled “Adhesive Tapes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global adhesive tapes market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global adhesive tapes market size reached a value of US$ 62.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 85.3 Billion by 2027, exhibiting at a CAGR of 5.1% during 2022-2027.
Adhesive tapes refers to narrow strips of paper or plastic that have a sticky chemical film. They can be categorized into water-based, solvent-based, and hot-melt-based types. Adhesive tapes are applied to assemble and bond objects together permanently or temporarily. They prove to be non-messy, timesaving, and more convenient as compared to other alternatives. As a result, adhesive tapes find extensive demand across various sectors, including automotive, electrical and electronics, paper, packaging, food and beverage (F&B), etc.
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Global Adhesive Tapes Market Trends:
The growing usage of the product in the automotive segment in place of traditionally used mechanical fasteners, which include screws and bolts, for reducing the weight of the vehicles and ensuring enhanced fuel efficiency, is primarily driving the adhesive tapes market. In addition to this, the escalating product utilization in healthcare establishments for wound care, assembling medical devices, attaching electrodes on the skin, and fixing cover shields during surgeries is acting as another significant growth-inducing factor. Apart from this, the launch of skin-friendly adhesive tapes that are employed for the manufacturing of infant and adult diapers is also positively influencing the market growth.
In line with this, the development of eco-friendly and recyclable tapes that are made from biodegradable polymers is further augmenting the global market. Moreover, the emerging trend of online shopping, the elevating demand for retail packaging and distribution materials, and the rising product need in the electronic industries, on account of the shifting preferences toward using flatter and microelectronic devices, are expected to bolster the adhesive tapes market over the forecasted period.
Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/adhesive-tapes-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.
Some of these key players include:
- 3M Company
- Nitto Denko Corporation
- Tesa SE
- Lintec Corporation
- Avery Dennison Corporation
- Intertape Polymer Group, Inc.
- Shurtape Technologies, LLC.
- Scapa Group PLC
- Lohmann GmbH & Co. Kg
- Nichiban Co. Ltd.
- Sekisui Chemical Co., Ltd.
Key Market Segmentation:
Breakup by Material:
- Polypropylene
- Paper
- Polyvinyl Chloride
- Others
Breakup by Resin:
- Acrylic
- Rubber
- Silicone
- Others
Breakup by Technology:
- Water-Based
- Solvent-Based
- Hot-Melt-Based
Breakup by Application:
- Packaging Tapes
- Masking Tapes
- Specialized Tapes
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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