Press release
Cloth Self Adhesive Tape Market Size, Growth, Segmentation, Competitive Landscape and Potential of Industry
Market Analysis and Insights of Global Cloth Self Adhesive Tape MarketData Bridge Market Research analyses that the cloth self adhesive tape market was valued at USD 1191.95 million in 2021 and is expected to reach USD 1643.86 million by 2029, registering a CAGR of 4.10% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Cloth self adhesive tapes have been extensively used in heavy engineering applications for decades. Cloth self-adhesive tapes find many applications in end use such as healthcare, logistics, electrical and electronics, etc. These tapes are normally on-corrosive and strong in nature. Cloth self adhesive tapes are perfect for splicing and repair applications. Moreover polyethylene-coated cloth self adhesive tapes are used for applications which is requiring moisture resistance and high-strength. For instance, rubber-based cloth tapes provide maximum holding power, creating massive demand from the automotive industry.
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Market Scope and Global Cloth Self Adhesive Tape Market
Some of the major players operating in the cloth self adhesive tape market are:
• 3M (U.S.)
• Johnson & Johnson Private Limited (U.S.)
• Medline Industries, Inc. (U.S.)
• NITTO DENKO CORPORATION (U.S.)
• Smith+Nephew (U.K.)
• NICHIBAN Co., Ltd. (Japan)
• Scapa Group Ltd. (U.K.)
• PAUL HARTMANN (Germany)
• AVERY DENNISON CORPORATION ((U.S.)
• Lohmann GmbH & Co. K.G. (Germany)
• Berry Global Inc. (U.S.)
• Mactac (U.S.)
• Mercator Medical S.A. (Cyprus)
• Jiangsu Nanfang Medical Co., Ltd. (China)
• DermaMed Coatings Company, L.L.C. (U.S.)
• C.C.T. (Coating & Converting Technologies, L.L.C. (U.S.)
• Seyitler Kimya (Turkey)
• GERGONNE INDUSTRIE (France)
• DermaRite Industries, L.L.C. (U.S.)
• A.M.G. Medical Inc. (Canada)
• Sterimed Group (India)
Complete Report Details with Facts and Figures along respective Images and Graphs (TOC) @ https://www.databridgemarketresearch.com/toc/?dbmr=global-cloth-self-adhesive-tape-market
Cloth Self Adhesive Tape Market Dynamics
Drivers
• Rising demand in packaging industry
Cloth self adhesive tape are widely used in the packaging industry. For instance, it is used to seal boxes containing fragile products. This tape will stick and remain intact till it reaches its destination without being difficult to remove at any point during transportation. Furthermore, some types of solvents based cloth adhesive tape can be used in combination with this type of tape, which may make the sealing airtight in containers. The high demand of this tape in packaging industry are expected to drive the growth of the cloth self adhesive tape market.
• Growing demand in healthcare sector
The development in the cloth self adhesive tape market is mostly driven by the increasing incidence of Healthcare Acquired Infections (HAIs), concern about patient safety between clinicians, product line extensions from manufacturers, increasing innovation, and development of single patient use tapes. Furthermore, growing awareness about the use of medical tapes for securement among patients and physicians and the rising incidence of injuries, wounds and burns is anticipated to increase the revenue growth of the cloth self-adhesives tape market globally.
Opportunities
• Increasing number of product innovations
To create unique designs and styles, cloth self-adhesive tapes are widely used in the automotive industry. Tape manufacturers are capitalising heavily in research and development for evolving high-performance cloth self-adhesive tapes. Specialized masking tapes are now gradually used in the aerospace sector to offer the protection against high temperature and moisture which will act as market drivers and further boost beneficial opportunities for the market's growth rate.
• Growth of aerospace and automotive sector
The rapid growth in the aerospace and automotive industry leads to increased demand for cloth-self adhesive tapes in the market and expected to increase the cloth self-adhesive tapes market in the upcoming period.
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