Press release
Adhesive Tapes Market Expected to Behold a CAGR of 6.8% through 2016 - 2024
Further, factors such as volatile prices of raw materials and high entry barriers that avert new entrants to enter in the market consolidates the position of existing players, leading to stifled growth of the market.
The report by TMR reveals that the global adhesive tapes market is likely to rise at a CAGR of 6.8% for the forecast period between 2016 and 2024 vis-à-vis revenue. At this pace, the market is projected to become worth US$92.36 by the end of 2024 which was evaluated at US$51.54 bn in 2015. The global adhesive tapes market is likely to rise at a CAGR of 5.9% from 2016 to 2024 in terms of volume. The global adhesive tapes market has been classified based upon end use into consumer goods, graphics, building and construction, automotive, health care, and others.
From a geographical perspective, Asia Pacific is anticipated to display promising growth over the forecast period between 2016 and 2025. This is mainly because of developing manufacturing infrastructure, technological developments, and easy availability of raw materials. Countries such as China and India are expected to contribute substantially due to economic development.
North America stands as a significant market for adhesive tapes due to the growing demand for adhesive tapes from a host of industries.
Request A Sample Copy Of This Report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=10229
Revival of Automotive Sector Ramps up Adhesive Tape Demand
First and foremost, the advancement of the automotive industry has been favorable to the growth of adhesive tapes market. At present, the high demand for lighter vehicles is the key factor responsible for the high demand of adhesive tapes. The use of bolts, rivets, screws, and other traditional fastening devices are increasingly being replaced by stronger adhesive tapes, which in turn leads to significant reduction in overall weight of a vehicle as well as significant reduction in the amount of metal that is used in the vehicle.
As per the lead analysts of the study, “traditional sealants and adhesives are also increasingly being used in advanced adhesive tapes that are at par in terms of shear strength, surface adhesion, and durability.” The revival of the automotive industry post the economic slump of 2008 is expected to positively impact the global adhesive tapes market.
Request Report TOC (Table of Contents) @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=10229
The rising trend of miniaturization of electronic devices is also benefitting the global adhesive tapes market. The growing purchasing power of individuals leading to the demand for advanced consumer electronics that are compact in size is also acting in favor of the adhesive tapes market.
Regulations to Monitor Emissions Limit Demand of Several Variants of Adhesive Tapes
The growth of global adhesive tapes market is anticipated to be challenged due to stringent regulations in place that monitor emission of restricted chemicals, such as volatile organic compounds. These restrictions are likely to maximum affect sales of pressure-sensitive adhesive tapes that are currently in use. Pressure-sensitive adhesive tapes are extensively used in product design and manufacturing industries.
About Us – Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others.
Contact Us:
Transparency Market Research
State Tower,
90 State Street, Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Adhesive Tapes Market Expected to Behold a CAGR of 6.8% through 2016 - 2024 here
News-ID: 863000 • Views: …
More Releases from Transparency Market Research
Hypodermic Needles Market to Reach US$ 7.9 Billion by 2036 on Rising Injectable …
The global hypodermic needles market was valued at approximately US$ 4.2 billion in 2025 and is projected to reach around US$ 7.9 billion by 2036, expanding at a CAGR of nearly 5.8% from 2026 to 2036, driven by the rising prevalence of diabetes, cancer, and chronic diseases, growing demand for injectable drugs and biologics, and the expansion of global vaccination and immunization programs; increasing adoption of safety-engineered and disposable needles,…
Connected Car Market to Reach US$ 467.2 Billion by 2036, Driven by Rising Adopti …
The global connected car market is entering a high-growth phase as vehicles increasingly evolve into software-defined, data-driven mobility platforms. Valued at US$ 100.8 billion in 2025, the market is projected to reach an impressive US$ 467.2 billion by 2036, expanding at a robust CAGR of 12.3% from 2026 to 2036. This growth is fueled by rapid advancements in automotive connectivity, rising consumer demand for intelligent features, and strong integration of…
Density Gradient Media Market to Reach US$ 4.1 Billion by 2036, Driven by Rapid …
The global density gradient media market was valued at US$ 1.4 Billion in 2025 and is projected to reach US$ 4.1 Billion by 2036, expanding at a robust CAGR of 10.2% from 2025 to 2036. The market's rapid growth is primarily driven by increasing demand for rapid infectious disease screening, expanding cell therapy and immunology research, and continuous technological advancements improving sensitivity and multiplexing in laboratory workflows.
Access key findings and…
Functional Coffee Market Expanding at 7.6% CAGR Through 2035 - By Product Type / …
The global functional coffee market was valued at US$ 21.5 Bn in 2024 and is projected to reach US$ 48.1 Bn by 2035, expanding at a compound annual growth rate (CAGR) of 7.6% from 2025 to 2035. This steady growth trajectory reflects the strong convergence of coffee consumption habits with rising demand for functional and wellness-oriented beverages. Functional coffee has transitioned from a niche category to a mainstream product offering,…
More Releases for Tape
What is the difference between packing tape and shipping tape?
Understanding the Essentials for Secure Packaging
In the busy world of logistics and packaging, two types of tape are often mentioned: packing tape and shipping tape. While both serve to secure and seal packages, they differ in their intended use, materials, and characteristics. Understanding these differences is essential for ensuring the most effective and efficient packaging process.
1. Definition and Purpose
Packing Tape: Packing tape, also known as packaging tape [https://www.copa-tape.com/packaging-tapes/], is a…
Global Carrier Tape And Cover Tape For Semiconductor Market Size by Application, …
USA, New Jersey- According to Market Research Intellect, the global Carrier Tape And Cover Tape For Semiconductor market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The burgeoning global electronics and semiconductor industries are driving the steady growth of the semiconductor carrier tape and cover tape…
PET Tape And Paper Tape Versatility In Crafting
When it comes to crafting and DIY projects, the right tools and materials can make all the difference. PET tape [https://www.misilcraft.com/pet-tape/] and washi tape are two popular choices for crafters, both offering unique qualities and versatility for a variety of creative activities.
PET tape, also known as polyester tape [https://www.misilcraft.com/pet-tape/], is a strong and durable tape commonly used in packaging, electrical insulation and other industrial applications. However, it has also found…
Easy Tape Reviews - Smart Portable Digital Tape Measurer
After spending a lot of time researching, talking to experts, and looking at Easy Smart Tape, here's what we found. People who use it really like it - it got a high rating of 4.9 out of 5.0, making it one of the best digital smart tapes out there. If you're looking for a rechargeable smart tape that's both affordable and durable, Easy Smart Tape might be just what you…
PVC Tape Market 2017- 3M, Tesa Tape, Surface Armor, NITTO DENKO, TUFTAPE FZCO, S …
MarketReports.biz, recently published a detailed market research study focused on the "PVC Tape Market" across the global, regional and country level. The report provides 360° analysis of "PVC Tape Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PVC Tape industry, and estimates the future trend of PVC Tape market on…
Heat Shrink Tape, Insulation Tape, Medium Voltage Insulation Tape, Protection Vo …
Yamuna power offers the Heat Shrink Tape with various features such as Reduces bus bar clearance requirements, Protects against accidental flash over, Halogen free, Shrink at Temperature: 120o C, Anti-track and many more. The heat shrink tape to mend holes and attach cables. This is called the heat shrink cable because it shrinks after heat is applied to it. the tape is based on the compressive principle so that it…
