Press release
Adhesive Tapes Market, Share, Analysis, Trend, challenges, Opportunities and Forecast to 2022
Synopsis of the Global Adhesive Tapes Market:
Market Scenario:
The market for Adhesive Tapes is driven by the growth of packaging and healthcare industries. It is an application based market and relies heavily on its usage across sectors like food & beverages, construction, automotive among others. A major chunk of the consumption of these tapes is attributed to its use in packaging across all the sectors both as commodity tapes and specialty tapes. Furthermore increasing demand from healthcare industry has augmented the market for adhesive tapes. APAC with its positive growth numbers and economic outlook has proved to be a potential market for such tapes across all the industries. In coming few years APAC is expected to be the fastest growing market with high consumption value of these tapes. Healthcare is the largest market by application due to its varied use in surgical containers, monitoring electrodes, and other medical devices. The segment is likely to witness rapid growth due to increasing demand from APAC region, which is also anticipated to be the fastest growing market due increased awareness about health risks and diseases. The global adhesive tapes market is expected to cross USD 62 Billion by 2022. The market is expected to grow at a CAGR of approximately 5% in the forecasted period.
Target Audience:
• Manufactures
• Raw material Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
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Regional Analysis of Global Adhesive Tapes Market
APAC is the fastest growing market for adhesive tapes and the share is attributed to the growing healthcare market. There is growing awareness among the consumers about health and fitness. This fuels the demand for such tapes in healthcare sector from the region. Also, increased investment in infrastructure and construction to support the rapid population growth and urbanization, has further led to the increasing demand for adhesive tapes in construction sector.
However, North America was valued to have the largest market share in 2015 and is expected to grow in coming years. It is followed by Europe which is expected to grow steadily over the forecasted period.
Key Players:
The key players of global adhesive tapes market report include- 3M Company, Avery Dennison Corporation, Tesa SE, Nitto Denko Corporation,Lintec Corporation, Henkel AG & Company KGaA, Intertape Polymer Group, Lintec Corporation, Shurtape Technologies LLC, Scapa Group Plc and Lohmann GmbH & Co.KG.
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About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com
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