Press release
Tape & Label Adhesives Market Regulations and Competitive Landscape Outlook to 2027
Global Tape & Label Adhesives Market- Drivers and Restraints The global market for tape & label adhesives market is expected to grow significantly during the forecast period. Globally the tape & label adhesives market is growing on the backdrop of the tape & label market. Manufacturers are using tapes & labels for the advertisement purpose. Tapes & labels adhesives are used for packaging of several products such as boxes, bottles, folding cartons, vials among others. The demand for the tape & label adhesives market is rising due to the increased packaging of various goods for shipping and transportation.
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Despite from the positive outlook, there are several restraining factors which might resist the growth of the tape & label adhesives market. First is the availability of the alternative products such as non- adhesive tapes & labels and surface printing technology which reduces the use of the adhesives which saves the extra cost of the adhesives and second is separate machinery for the glue application. These factors might hamper the growth of the global market for tape & label adhesives market.
Tape & Label Adhesives Market Segmentation By adhesive type - Acrylic,Rubber,Silicon,Anaerobic,Cyanoacrylates,Others; By application - Tapes,Adhesives;By end use - Food & beverages,Pharmaceuticals,Automobiles,Personal care products,Electricals & Electronics,Others
Global Tape & Label Adhesives Market- Regional Outlook Geographically, the tape & label adhesives market is divided into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA) and Japan. The demand for the tape & label adhesives is increasing with the rising demand from automotive, food & beverages, electronics industries, etc. APEJ market is expected to dominate the tape & label adhesives market due to increasing production of tapes & labels.
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Global Tape & Label Adhesives Market- Key Players
Some of the key players of the global tape & label adhesives market are Ingevity Corporation, 3M Company, McCoy Soudal Sealants Adhesives & Foams, Pvt. Ltd., Chemline Inc., Metlok Private Limited, Hubei Huitian New Materials Co., Ltd., Jesons Industries Limited, Resinova Chemie Ltd., Bluecoat Pvt. Ltd. among others.
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