Increasing Demand for Recyclable Tapes to Drive Global Adhesive Tapes Market

A new market research study titled Global Adhesive Tapes Market 2016-2020 has been recently included by MarketResearchReports.biz to its huge database of research studies. The research report provides a detailed analysis of the global market for adhesive tapes, including an overview, the product segmentation, current trends, major geographical segments, drivers and barriers, and vendor analysis. The growth prospects, opportunities, and drivers and barriers of the global adhesive tapes market have also been discussed in the scope of the research report.

According to the research study, the global market for adhesive tapes is projected to register a healthy 4.73% CAGR between 2016 and 2020. The research report studies the present scenario of the global adhesive tapes market, taking help of several analytical tools. The historical data and forecast figures are included in the research report with the help of infographics, charts, tables, and graphs.

Adhesive tape refers to a variety of backing materials that are coated with an adhesive. These tapes are used for sealing, bonding, packaging, and masking. They stick to any kind of substance when pressure is applied to them, without any need for heat, solvents, or other activators. On the basis of type, the global market for adhesive tapes is segmented into single-coated, double-coated, double-sided, single-sided, adhesive transfer or transfer adhesive, electrical and electronics, carton sealing, and masking. All these types are available across the globe and are used widely.

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The increasing demand for adhesive tapes from the healthcare industry is one of the major factors fueling the growth of the global adhesive tapes market. In addition, the increasing demand for eco-friendly tapes and recyclable tapes is estimated to spur the growth of the market in the forecast period. On the other hand, the increasing costs of raw materials are projected to hamper the growth of the market in the next few years.

The global adhesive tapes market has been divided on the basis of geography into Asia Pacific, Europe, North America, and Rest of the world. The market share and forecast statistics of each region have been further discussed in the research report. Furthermore, the research report has offered a detailed vendor analysis of the global adhesive tapes market. It provides detailed profiles of the major players, including an overview, contact details, financial overview, business strategies, and recent developments.

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The prominent players operating in the global adhesive tapes market include Tesa, Nitto Denko, Avery Dennison, Henkel AG, 3M Company. SWOT analysis of the players has also been included in the scope of the research study to guide the new entrants and existing players regarding the opportunities, growth prospects, and threats concerning the market. Some of the other vendors mentioned in the research study are Intertape Polymer Group, Lohmann, MACtac, Adhesives Research, Shurtape Technologies, Scapa Group, Advance Tapes International, Nova Films and Foils, Bostik, and Franklin International.

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