Press release
Industrial Tape Market to Witness Robust Expansion by 2023
Industrial tapes are extensively used to permanently bond and seal many substrates such as elastomers, foams, glass, and metals among others in a manner that enhances its strength, productivity, durability, and also improvises the product appearance. Industrial tapes can withstand harsh environment conditions such as high temperature, cold, temperature cycling, ultraviolet light, moisture and solvents.
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Global Industrial Tape Market: Forecast by Type / Application / Region
Industrial tapes include both adhesive tapes, non-adhesive tapes and special purpose tapes. Adhesive tapes are used for joining materials. Non-adhesive tapes and special purpose tapes are used in a variety of specific applications such as thread sealing, electrical insulation, electronic die or device carrying (TAB), EMI/RFI shielding, static discharge control, x-ray shielding or x-ray photo marking, part identification, label or display protection, sealing, seaming, welding, floor marking/directions, heat sinks, thermal protection, bundling cables or products, non-skid/antislip, slide/glide/friction reduction, and more.
There are major five classification of industrial tapes in this report, non-adhesive industrial tape, single-sided adhesive tapes, double-sided adhesive tape, transfer tape and other tape. Globally, the production value share of each type of industrial tapes is 6.69%, 46.13%, 28.19%, 11.00% and 7.99% in 2015.
Industrial tapes are used for automotive, building and construction, packing, electrical electronics and other applications. Packaging has the largest market share, about 45% in 2015.
Over the next five years, LPI(LP Information) projects that Industrial Tape will register a 4.5% CAGR in terms of revenue, reach US$ 64900 million by 2023, from US$ 49800 million in 2017.
Global Industrial Tape Market: Key Players
3M
Nitto
Avery Dennison Corporation
Tesa (Beiersdorf AG)
Berry Plastics
Intertape Polymer Group
Saint Gobin
Henkel
Tremco illbruck (Adhere Industrial Tapes)
Scapa
Luxking Group
ORAFOL Europe GmbH
Shurtape Technologies
Achem (YC Group)
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Related Information:
United States Industrial Tape Market Research Report 2018
Europe Industrial Tape Market Research Report 2018
North America Industrial Tape Market Research Report 2018
Asia-Pacific Industrial Tape Market Research Report 2018
China Industrial Tape Market Research Report 2018
EMEA Industrial Tape Market Research Report 2018
Global Industrial Tape Market Research Report 2018
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