Splicing Tapes Market Recent Trends, In-Depth Analysis, Size And Forecast To 2028

Precision Business Insights published a research report on "Splicing Tapes Market: By Resin Type (Acrylic, Rubber, Silicone, Others), By Material Type (Paper/Tissue, PET/Polyester, Non-Woven, Others), By Application (Lithium-ion Battery, Lead-acid Battery, Paper & Printing, Packaging, Labeling, Electronics, Others) and Geography - Global/Region/Country Forecast to 2028"

Splicing tapes attach the end of a web of materials to the opening of a new web and roll of material to keep the production process going. Splicing tapes come in a number of carriers, each with its own adhesive technique. They come in single or double-coated varieties. A polyester, film, and paper carrier may be used. In the near future, the packaging industry's growth is projected to create a considerable potential for the splicing tapes market. There are two types of splicing tapes: single-coated and double-coated. The splicing tapes are single-coated, whereas double-coated splicing tapes are appropriate for use with laminators, coaters, as well as other conversion operations. These tapes are resistant to high temperatures and have great shear strength.

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Splicing tapes are being used more frequently in the paper and packaging business, which is driving up market value. Another major market growth determinant is increased demand and utilization of splicing tapes by other industry verticals. The increasing proliferation of e-commerce platforms as a consequence of rising digitalization is also driving up demand for splicing tapes around the world. The growing popularity of acrylic resins in the automotive industry will help the splicing tapes market grow even faster. Strict environmental laws imposed on the manufacturing of repulpable paper, on the other hand, will represent a significant impediment to the market's growth. The unsanitary procedure used to make recycled paper may further derail the market for splicing tapes.

Based on resin, the splicing tapes market is fragmented into resin type, material, and application. Based on resin type, the splicing tapes market is categorized into acrylic, rubber, silicone, others. Based on backing material, the splicing tapes market is classified into Paper/Tissue, PET/Polyester, Non-Woven, and Others. Based on application, the splicing tapes market is divided into Lithium-ion Battery, Lead-acid batteries, Paper & Printing, Packaging, Labeling, Electronics, Others.

In 2021, the Asia Pacific region dominated the worldwide splicing tapes market. Due to the region's developing paper & printing and packaging sectors, this trend is expected to continue during the projected period. The market in developing nations like China and India is likely to grow rapidly in the coming years, as manufacturers in these countries continue to invest in sophisticated paper manufacturing facilities, resulting in a highly competitive market for international paper commerce. Because of new product development and increased utilization of splicing tapes in the packaging industry in the region, the splicing tapes market in North America is expected to grow rapidly.

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There are several industry players working in the Splicing Tapes Market, which include Tesa SE (Germany) Shurtape Technologies, Llc (US) Scapa Group Plc (US) Orafol Europe Gmbh (Germany) Nitto Denko Corporation (Japan) Intertape Polymer Group, Inc. (Canada) ECHOtape (US) Avery Dennison Corporation (US) 3M Company (US) Adhesive Research, Inc. (US)

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