Press release
Adhesive Tape Market is projected to reach USD 83.93 Billion by 2026
Global Adhesive tape Market AnalysisAccording to Verified Market Research, the global adhesives tapes market was valued at USD 52.11 Billion in 2018 and is projected to reach USD 83.93 Billion by 2026, growing at a CAGR of 6.2% from 2019 to 2026.
The latest survey on Global Adhesive Tape Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunity available and trend in Adhesive Tape Market. The report bridges the historical data from 2013 to 2018 and forecasted till 2026. The report aims to present the analysis of Global Adhesive Tape Market By Type, By Application, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities
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What is Adhesive tape?
Backing materials coated with an adhesive is referred to as adhesive tape. This material may include paper, plastic, cloth, metal, or foam, which is coated on one or both the sides with an adhesive. Adhesive tapes are found to be continuous and flexible and are categorized into two types, namely, commodity adhesive tapes and speciality adhesive tapes. Commodity adhesive tape may include packaging, masking, and consumer and office tapes whereas speciality adhesive tapes are used for special purposes in various applications such as healthcare, electrical & electronics, automotive & transportation, white goods, paper & printing, building & construction, and retail.
Global Adhesive tape Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Adhesive tape market is an application-based market and has its major usage across sectors like food and beverages, construction, automotive, and others. The market is being encouraged by the growth of packaging and healthcare industries. Its usage is observed in packaging across all sectors both as commodity tapes and speciality tapes. Due to increase in demand from the health care industries, there has been a substantial growth in the market for adhesive tapes. In addition, its usage is also been observed in the electronic industry which is also enhancing the growth of this market. However, volatility in raw material prices and implementation of stringent regulatory policies are the factors which are hampering the growth of adhesive tape.
Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Adhesive tape Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Adhesive Tape Market Competitive Landscape
The “Global Adhesive tape Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as 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), Lohmann GmbH & Co. Kg , Nichiban Co. Ltd. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Global Adhesive Tape Market, By Resin Type
• Acrylic
• Rubber
• Silicone
• Others
Global Adhesive Tape Market, By Technology
• Water-Based Adhesive Tapes
• Solvent-Based Adhesive Tapes
• Hot-Melt-Based Adhesive Tapes
Global Adhesive tape Market, By Tape backing material
• Polypropylene (PP)
• Paper
• Polyvinyl Chloride (PVC)
• Others
Global Adhesive tape Market, By Category
• Commodity
• Specialty
Global Adhesive tape Market, By Application
• Applications of Commodity Adhesive Tapes
• Applications of Specialty Adhesive Tapes
Global Adhesive tape Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
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Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our sales team.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support
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