Press release
Adhesive Tape Films Market set to record exponential growth by 2025-end
Bi-axially oriented polypropylene (BOPP) films have emerged as a key material segment in the global adhesive tape films market. Bi-axially oriented polypropylene (BOPP) films supplied for manufacturing of adhesive tapes are coextruded for high tensile strength and effective machinability. Functional and physical properties of adhesive tape films consider various factors such as high gloss, film clarity, printability and machinability. Anchorage offered by adhesive tapes under various pressure levels is determined by the performance quality of adhesive tape films.
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High growth accounted in the global pressure sensitive tapes market is expected to propel the demand for adhesive tape films. Manufacturers of adhesive tape films are recognizing lucrative business opportunities offered by the pressure sensitive application segment of the global adhesive tape films market. Adhesive tape films are also supplied for the manufacturing of masking tapes. The global masking tapes market is estimated to US$ 4.3 billion in 2017.
The global adhesive tape films market is characterized by supply of variety of adhesive tape films including transparent films, semitransparent films and opaque films. Transparent films are highly preferred by end consumers, especially for manufacturing of pressure sensitive tapes, for their high clarity features. However, the global market for adhesive tape films caters to demand for semitransparent and opaque films that have specific niche applications.
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Manufacturers of adhesive tape films evaluate the characteristics of adhesive tape films based on end use application. Adhesive tapes films have to exhibit high tensile strength in order to cater to functional requirement of adhesive tapes. The global adhesive tapes market is characterized by continuous product development activities. Research and development activities conducted by adhesive tape manufacturers are giving way to innovation in the global adhesive tape market. Film manufacturing companies operating in the global adhesive tape films market have to consider the product development activities of the adhesive tape manufacturers.
The global market for adhesive tape films is segmented into 7 key regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific Excluding Japan (APEJ) and Japan
Global Adhesive tape films Market: Competitive Landscape
Some of the players engaged in the global market for adhesive tape films include Cosmo Films Ltd., Irplast S.p.A., The Klockner Pentaplast Group, Tekni-Plex Inc., SNS Films, Uflex Ltd., and Vibac Group S.p.a.
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