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Specialty Tape Market 2020-2026 Review : Big, Bright and Booming || Leading Players - Avery Dennison Corporation; Scapa Group Plc; Berry Global Inc.; Intertape Polymer Group; Saint-Gobain Performance Plastics;
A superior and comprehensive market research report endows professionals with a lot of aspects about the market and the industry. The Specialty Tape market document presents market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios. Market segmentation analyses the usage of the product with respect to its applications, end user or with respect to geography. Businesses can attain unparalleled and comprehensive insights along with the best acquaintance of the emerging market opportunities with this global Specialty Tape market analysis report.By thinking from the customer point of view, a team of researchers, analysts and industry experts work carefully to generate global Specialty Tape market research report. This business report studies the market at regional and global level by considering major geographical areas. Besides, this market research document makes clients aware about the various strategies that are used by key players of the market. To succeed in this promptly changing market place, businesses must take up the market research report solution such as Specialty Tape market research report. The market data and information included in this industry report not only aids business make data-driven decisions but also assures maximum return on investment (ROI).
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Global specialty tape market is expected to register a substantial CAGR of 5.60% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the wide-spread adoption of specialty tapes from various applicable industries as well as greater focus on industrial research and development in the product offerings.
Few of the major competitors currently working in the global?specialty tape market?are?3M; NITTO DENKO CORPORATION; tesa SE; LINTEC Corporation; Avery Dennison Corporation; Scapa Group Plc; Berry Global Inc.; Intertape Polymer Group; Saint-Gobain Performance Plastics; Lohmann GmbH & Co.KG; NICHIBAN Co., Ltd.; DermaMed Coatings Company , LLC; CCT Tapes; Adhesives Research, Inc.; Advance Tapes International; Shurtape Technologies, LLC; American Biltrite Inc.; Yem Chio Co.,Ltd.; ATP adhesive systems AG; Henkel Corporation; DuPont de Nemours, Inc.; ECHOtape and SEKISUI CHEMICAL CO., LTD. among others.
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Market Definition:?Global Specialty Tape Market:-
Specialty tapes are specially designed adhesive solutions that are for a specific application. These tapes are produced with highly effective adhesive solution and backing material designed for each individual application. The specific nature of the products' applications results in higher prices as compared to traditional tapes.
Segmentation: Global Specialty Tape Market :-
Specialty Tape Market : By Resin Type
Acrylic
Rubber
Silicone
Others
Specialty Tape Market : By Backing Material
Polyvinyl Chloride (PVC)
Woven/Non-Woven
Metal
Paper
Polyethylene Terephthalate (PET)
Foam
Polypropylene (PP)
Polyamide (PA)
Glass Cloth
Others
Specialty Tape Market : By End-Use Industry
Electrical & Electronics
Healthcare & Hygiene
Automotive
Aerospace & Defense
White Goods
Paper & Printing
Building & Construction
Retail & Graphics
Others
Specialty Tape Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Specialty Tape Market Drivers:-
Increasing levels of urbanization and population shifting to urban areas is expected to boost the growth of the market
Growing expansion of infrastructure and resource expansion of various manufacturers to improve the entire productivity cycle is also expected to boost the growth of the market
These tapes exhibit a variety of resistant characteristics and improvements over traditional adhesion system; this factor is expected to drive the growth of the market
Specialty Tape Market Restraints:-
Concerns regarding the vulnerable nature of raw materials required for the manufacturing of these tapes is also expected to restrict the growth of the market
Stringent regulatory presence regarding the VOC emissions during the production of these tapes is expected to restrict the growth of the market
Key Developments in the Specialty Tape Market:-
In July 2019, OpenGate Capital announced that they had acquired Duraco Specialty Tapes from Essentra plc. This acquisition will help in expanding the portfolio of investments undertaken by OpenGate Capital and provides a unique platform for establishing a market leader in the specialty tapes market. Duraco's market presence and established leadership in providing their consumers with application specific adhesive solutions
In May 2018, DuPont's "Safety & Construction" operations introduced the "DuPont FlexWrap EZ" to its DuPont Flashing Systems. The product is a flashing tape designed for sealing exterior penetration of different sizing and shapes, helping improve the overall efficiency of wall-based systems
Competitive Analysis: Specialty Tape Market:-
Global specialty tape market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of specialty tape market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Insights in the report:-
Complete market analysis and forecasting
Market definition, understanding the concept of specialty tape
Market drivers and restraints of the industry
Market segmentations and market share divided amongst them
Key players in the market and their analysis
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