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Specialty Tapes Market Sluggish Growth Rate Foreseen by 2024-2031

01-11-2025 03:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Specialty Tapes Market

Specialty Tapes Market

The global specialty tapes market is anticipated to grow at a CAGR of 6.1% during the forecast period. The major driving factors of global specialty tapes market during the forecast period includes the increasing usage of specialty tapes in end-user industries such as electrical & electronics, healthcare & hygiene, automotive, and others. Currently, electrical and hybrid vehicles (EV) are growing in popularity, as it is cheap to run and smooth to drive. Automotive manufacturers aims to improve the power to weight ratio by using lighter materials such as composites and weight saving bonding, joining and fixing solutions. To provide the product in electrical & electronics industry, key players are also manufacturing specialty tapes. For instance, in June 2018, Techsil Ltd. launched a specialist adhesive tapes range designed specifically for Lithium ion (Li) automotive battery applications that meets the stringent requirements of the EV industry. The product offers properties such as EMI shielding, thermal & electrical insulation, flame retarding and heat sink optimization.

Get Free Sample link @ https://www.omrglobal.com/request-sample/specialty-tapes-market

Furthermore, the growing requirement of specialty tapes in medical devices is pushing specialty tapes manufacturer to come up with an innovate tapes for healthcare industry. For instance, in May 2019, Lohmann Technologies (UK) Ltd launched DuploMED SUR 624000, designed specifically for incision film applications. The product is also suitable for other skin fixation applications including wound care and diagnostics. The product is a transparent polyurethane film which has been coated with a medical-grade and specially developed for use in the medical sector.

Moreover, printing industries are also growing and demands for the specialty tapes. Key players are launching specialty tapes for printing industry to satisfy the demand. For instance, in August 2022, Lohmann GmbH & Co. KG has launched DuploFLEX 5 GRIP, an adhesive tape for the flexographic printing industry with an exceptionally high grip. The product combines the viscoelastic properties of a polymer foam and solvent-free pure acrylic adhesive that is suitable for easy mounting and demounting.

Full report of Specialty Tapes Market available @ https://www.omrglobal.com/industry-reports/specialty-tapes-market

Market Coverage

Segment Covered-
o By Resin

o By Backing Material

o By End-User

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including 3M India Ltd., Avery Dennison Corp., Berry Global Inc., ECHOtape, Intertape Polymer Group Inc., LINTEC Corp., Lohmann GmbH & Co.KG, and others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Specialty Tapes Market Report Segment

By Resin

Acrylic
Rubber
Silicone

By Backing Material

Polyvinyl Chloride (PVC)
Woven/Non-Woven
Paper

By End-User

Automotive & Transportation
Construction
Medical Devices
Electrical & Electronics
Packaging
Others

Global Specialty Tapes Market Report Segment by Region

North America

United States
Canada
Europe

UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific

China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World

Latin America
Middle East & Africa


Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/specialty-tapes-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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