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Press Release Tapes Market Report 2017 - Latest Growth, Current Trends and Forecast Till 2025
This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2025 along with the growth rate (CAGR) from 2017 to 2025, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.
The global press release tapes market is characterized by the presence of several large to medium-sized manufacturers. Press release tapes have high preference, due to a wide array of applications. Press release tapes are commonly used for sealing, holding, repairing, color-coding, and water-proofing a surface in various industries such as, automotive industry, building & construction, electrical & electronics, and other general purposes as well as industrial activities. Manufacturers prefer press release tapes to seal heavy duty packaging sealing, bundling, and wrapping. Also, press release tapes are used in various household DIY activities, which is expected to ensure high preference for them, over the forecast period. The complementary nature of press release tapes, added with ease in removal is expected to ensure that press release tapes remain as useful as they are today, in the days to come. Therefore, the outlook for growth of the global press release tapes market is expected to remain largely positive, during the next ten years.
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Global press release tapes market: Introduction
The global press release tapes market is expected to grow on the backdrop of the global building & construction sector growth. As countries in the Latin America and Eastern Europe regions struggle to come out of the clutches of the effects of the recession of 2015, the building & construction sector in these regions might suffer due to low budget, and prioritized expenditure of the govenrments, until the economies reach a state of normalcy. However, demand is expected to be steady from Asia Pacific countries and the Middle East. In addition, the global press release tapes market is expected to be driven by the demand for durable tapes, which do not compromise on adhesion quality. Since press release tapes do not rely on solvent, water or heat to activate the adhesive, they enjoy major preference over their counterparts. The global press release tapes market is also expected to grow on the backdrop of global pressure sensitive adhesive market growth, over the forecast period. Other characteristics of press release tapes which increases their preference are – elimination of the need for surface refinishing, reduction in assembly time, and provision of thinner and lighter materials, among others. Therefore, it is anticipated that the global press release labels market will continue to grow as a solution to fastening and joining, triggered by advancements in adhesive technology.
Global press release tapes market: Segmentation
The global press release tapes market has been segmented as follows -
On the basis of material used, the global press release tapes market has been segmented as -
Acrylic
Hot Melt
Others
On the basis of application, the global press release tapes market has been segmented into -
Food & beverage
Building & construction
Electrical & electronics
Consumer goods
Automotive
Others
Global press release tapes market: Regional Outlook
The global press release tapes market is segmented on the basis of region as: -
North America
Latin America
Eastern Europe
Western Europe
Asia Pacific excluding Japan
Middle East & Africa
Japan
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The North America press release tapes market is expected to retain the leading position in 2017. This is attributed to positive outlooks for both the food & beverage and the building & construction sector in the region. The Western Europe press release tapes market expected to register sluggish to moderate growth over the forecast period. High demand from the building & construction industry in the Middle East region is expected to bolster growth of the press release tapes in the region. The MEA region has been stuck in a political turmoil, which has resulted in a stalemate. Global efforts to rebuild the region is expected to revive the building& construction sector in the region. Press release tapes are expected to face sizeable demand in the PAEJ region, mainly for industrial applications.
Global press release tapes market: Key Players
Few of the key players operating in the global press release tapes market are – 3M Company, Avery Dennison, Advance Tapes International, Henkel, Intertape Polymer, Lintec, Nitto Denko Corporation, and Tesa SE, among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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