Adhesive Tapes Market to Witness Huge Growth by Key Players: 3M Company, tesa SE, Nitto Denko Corporation, Avery Dennison Corporation

Global Adhesive Tapes Market 2021-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

COVID-19 Impact On Adhesive Tapes Market by Resin Type (Acrylic, Rubber, Silicone), Technology (Solvent, Hot-melt, Water-based), Backing Material (PP, Paper, PVC), End-Use Industry (Packaging, Healthcare, E&E, Automotive) and Region - Global Forecast to 2026.

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The adhesive tapes market is projected to grow from USD 63.1 billion in 2021 to USD 83.8 billion by 2026, at a CAGR of 5.8% during the forecast period.

The report provides a comprehensive analysis of company profiles listed below:
• 3M Company (US)
• tesa SE (Germany)
• Nitto Denko Corporation (Japan)
• Lintec Corporation (Japan)
• Intertape Polymer Group (Canada)
• Avery Dennison Corporation (US)
• Lohmann GmbH (Germany)
• Berry Global Inc. (US)
• Scapa Group PLC (Canada)
• Rogers Corporation (US)

“Based on resin, the acrylic segment is expected to lead the adhesive tapes market during the forecast period.”
Based on resin, the acrylic segment accounted for the largest share of the adhesive tapes market in 2020. The acrylic resin has a high demand owing to its advantageous physical and chemical properties, lower cost, and applications in various end-use industries such as packaging, transportation, and healthcare. Acrylic-based adhesive tapes are suitable in solvent- and water-based technologies because they offer higher resistance to other solvents, chemicals, and water. Water-based acrylic adhesives are the least expensive among all the resins used in the adhesive tapes industry.

“Based on end-use industry, the healthcare segment is expected to lead the adhesive tapes market during the forecast period.”
Healthcare is the fastest-growing industry of specialty adhesive tapes. Aging population; rising occurrences of chronic diseases; and high demand for in vitro diagnostics, hydrophilic films, transdermal patches, and oral dissolvable films are expected to drive the specialty adhesive tapes market globally. The healthcare industry is witnessing rapid changes due to the emergence of new and advanced technologies and increasing digitization in both, paper and provider segments. Adhesive tapes are used in the manufacturing of disposable infant diapers, feminine hygiene, and adult incontinence products. The release liners used in these products have high tear and tensile strength due to optimum fiber content and good formation.

“The adhesive tapes market in the APAC region is projected to witness the highest CAGR during the forecast period.”
The Asia Pacific adhesive tapes market in the healthcare industry is projected to grow at the highest CAGR during the forecast period. This growth is attributed to the high demand for traditional wound care products such as dry dressings, first-aid kits, and adhesive bandages in the region. The increasing awareness about advanced wound care is expected to drive the demand for new products in this region.

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Competitive Landscape of Adhesive Tapes Market:
1 Overview
2 Market Share Analysis
2.1 Market Ranking Analysis
3 Company Revenue Analysis
4 Company Evaluation Quadrant, 2020
4.1 Stars
4.2 Emerging Leaders
4.3 Pervasive
4.4 Participants
5 Sme Matrix, 2020
5.1 Progressive Companies
5.2 Dynamic Companies
5.3 Starting Blocks
5.4 Responsive Companies
6 Strength Of Product Portfolio
7 Business Strategy Excellence
8 Competitive Scenario
8.1 Market Evaluation Framework
8.2 Market Evaluation Matrix
9 Strategic Developments

Reason to access this report:
From an insight perspective, this research report focuses on various levels of analyses—industry analysis (industry trends), market share analysis of top players, value-chain analysis, and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging and high-growth segments of the market; high growth regions; and market drivers, restraints, opportunities, and challenges.
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