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Global Double-Sided Tapes Sales Market Expected to Reach $XX Million by 2028, Growing at a CAGR of 2.95% since 2019
Dataintelo just published the latest report on the global double-sided tape sales market. The report unveils that the global market size for these pressure-sensitive adhesive tapes, which are primarily used for bonding or sealing two surfaces together, was valued at $5,482 million in 2018. The data also suggests that this industry is set to experience a steady growth with a Compound Annual Growth Rate (๐๐๐๐) of 2.95% from 2019 to 2028.These adhesive tapes, featuring adhesive on both sides, can be water-based or oil-based. Given their versatile nature, double-sided tapes are employed in a plethora of industries including automotive, healthcare, construction, and consumer goods, amongst others. This has significantly contributed to their increasing use, hence the projected consistent market growth in the coming years.
The report further segments the double-sided tape sales market based on the product type, the application, and the region, and it analyzes all the above-mentioned segments for the projected period. It also assesses key market growth drivers, potential growth obstacles, opportunities, as well as the latest trends in the industry to provide a comprehensive view of the sector dynamics.
This latest study from Dataintelo reinforces that the global growth of the double-sided tape sales market continues to be fuelled by various factors. Particularly, the heightened demand from industries employing these tapes for various application is a primary market driver. Ultimately, the market is expected to reach a monumental value by the end of 2028, marking a significant surge from its valuation in 2018
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/273275
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐จ๐ฌ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
The double sided tapes sales market has been segmented on the basis of๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
โ Water Based Adhesive Tape
โ Oil Based Adhesive Tape
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โ Packaging
โ Building & Construction
โ Electrical & Electronics
โ Automotive
โ Health & Hygiene
โ Others
๐๐๐ ๐ข๐จ๐ง
โ Asia Pacific
โ North America
โ Latin America
โ Europe
โ Middle East & Africa
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โ 3M
โ Nitto Denko
โ Avery Dennison
โ tesa SE
โ Henkel
โ Berry Plastics
โ Intertape Polymer
โ LINTEC Corporation
โ Achem Technology Corporation
โ Yonghe Adhesive Products
โ Winta
โ Yongle Tape
โ JinghuaTape
โ Luxking Group
โ Shushi Group
โ Yongguan
โ Camat
The global double sided tapes sales market is widely segmented based on product type and application. The different types of products offered in this industry are Water Based Adhesive Tape and Oil Based Adhesive Tape. The water-based adhesive tapes are widely used due to their multi-purpose applications in different sectors like construction, packaging, and electronics. On the other hand, oil-based adhesive tapes are primarily used in industries that require stronger and long-lasting adhesiveness.
In terms of application, the double sided tape market is segmented into packaging, building & construction, electrical & electronics, automotive, health & hygiene, among others. They are extensively used in the packaging sector. In building & construction, these tapes are used for sealing, bonding, and insulation purposes. In the electronics sector, double-sided tapes are utilised in panel bonding, wire tacking, and securing space in compact devices. Meanwhile, the automotive industry also uses these tapes for various applications including interior and exterior attachment parts.
The ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ of the double sided tapes sales market segments the market into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. Asia Pacific holds a significant market share due to extensive industrialization and increased demand from packaging and electronics industries. North America follows closely behind with substantial market share owing to the robust automotive and electronics industry in the region. Meanwhile, Europe is also anticipated to register significant growth due to rising applications in automotive and packaging industries.
The market in Latin America and the Middle East & Africa is also expected to grow due to increasing industrial activities and developments in the construction sector. Key players in the double sided tapes market include 3M, Nitto Denko, Avery Dennison, tesa SE, Henkel, Berry Plastics, Intertape Polymer, LINTEC Corporation, Achem Technology Corporation, Yonghe Adhesive Products, Winta, Yongle Tape, Jinghua Tape, Luxking Group, Shushi Group, Yongguan, Camat. These players aim to enhance their product portfolio and expand their customer base, adopting various strategies such as new product launches, mergers and acquisitions, partnerships, etc
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐๐ซ๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/273275
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ for Double Sided Tapes Sales Market:
1. Growing Industrialization: The increasing industrialization in both developed and developing countries has emerged as one of the primary growth drivers. Various industries such as automotive, aerospace, electronics, and construction heavily rely on double-sided tapes for bonding and fixing purposes.
2. Versatility and Flexibility: The versatility and flexibility of double-sided tapes in terms of application, thickness, and strength have made them highly preferable over traditional bonding solutions such as screws, bolts, and mechanical fasteners.
3. Increasing Awareness: The growing awareness about the advantages and benefits of double-sided tapes, such as easy application and removal, cleaner lines, and better aesthetics, has spurred the demands.
4. Technological Advancements: Advancements in adhesive technology have allowed for the manufacture of high-performance double-sided tapes with superior bonding capabilities.
5. Environmental Concerns: Double-sided tapes are more eco-friendly alternatives to traditional bonding solutions, meeting the growing demand for sustainable industrial practices.
Market ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐๐จ๐ซDouble Sided Tapes Sales Market:
1. Growing E-Commerce: The boom in the e-commerce sector, and increased demand for packaging, provides a key opportunity for double-sided tapes market.
2. High Growth Potential in Emerging Economies: The double-sided tapes market in emerging economies such as China, India, and Brazil is still relatively untapped, offering significant scope for expansion.
3. Innovations and Product Development: There is an opportunity for manufacturers to invest in research and development, create innovative solutions to meet specific industry requirements, and further expand the application scope of double-sided tapes.
4. Rising Automotive Industry: The rapidly growing automotive sector, especially electric vehicles also offer lucrative opportunities, given the ample usage of double-sided tapes in the assembly of various vehicle parts.
5. Demand for Medical Tapes: The healthcare and pharmaceutical sector presents a lucrative opportunity with the rise in demand for surgical tapes and other medical adhesive products.
6. Infrastructure Development: Rapid infrastructure growth across the globe, especially in developing nations, will likely create a higher demand for double-sided tapes
๐๐จ๐ฎ ๐๐๐ง ๐๐ข๐ซ๐๐๐ญ๐ฅ๐ฒ ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/273275
This report should be bought by organizations, corporations, businesses, stakeholders, research scholars, marketing teams, and individuals who want to gain invaluable insights into their industry, competition, product performance, customer trends, and other crucial fields.
Dataintelo provides comprehensive and quality research reports that are backed by extensive and thorough research. Not only do the reports provide a detailed understanding of the industries but they also provide in-depth analysis, industry trends, and forecast. The reports are designed for clarity, accuracy, and to deliver actionable insights that can help in driving business decisions. Furthermore, Dataintelo is known for its customer service and is always responsible and happy to provide customization and consultation. Overall, Dataintelo can provide strategic insights to drive business growth and profitability
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Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
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