The global adhesive tapes market is predicted to touch USD 62 billion at a 5% CAGR over the forecast period, reveals the latest Market Research Future (MRFR) report. An adhesive tape is a combination of an adhesive film and a material used to join or bond objects together as an alternative to using welding, screws, or fasteners. These tapes comprise of a carrier or backing generally made of foil, foam, cloth, plastic film, or paper, which is coated with a release liner and an adhesive. They are an excellent choice for automated product production.
Leading players profiled in the adhesive tapes market report include Lohmann GmbH & Co.KG, Scapa Group Plc, Shurtape Technologies LLC, Lintec Corporation, Intertape Polymer Group, KGaA, Henkel AG & Company, Lintec Corporation, Nitto Denko Corporation, Tesa SE, Avery Dennison Corporation, and 3M Company.
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Adhesive tapes can be thermally activated, pressure sensitive or may need moisture to work. These tapes are widely being used for packing and binding products associated with the e-commerce industry, healthcare, and food and beverage owing to its incredible benefits. These include excellent structural strength, lighter thinner materials, bonding dissimilar materials, noise reduction, and sealing moisture. The list of benefits also includes shortening assembly time, eliminating surface refinishing, eliminating mechanical fasteners for cosmetic superiority, offering adhesion to difficult surfaces, providing gap filling properties and uniform thickness and eliminating bonding substrates together simultaneously.
Various factors are pushing the growth of the Adhesive Tapes Market. These factors, in accordance to the Market Research Future (MRFR) report, include the increasing use of such tapes in numerous applications such as automotive, white goods, building and construction, electrical and electronics, healthcare, and packaging, the growing organized retail and e-commerce sector, and several research and development techniques. Additional factors that are driving the market growth include increasing demand for eco-friendly and recyclable tapes, and the new trend to substitute rivets, screws, bolts, and other fastening or attaching techniques with adhesives.
Chemicals such as formaldehyde, silane, and azodicarbonamide (ADCA) are used in adhesive solutions; this may hamper the market growth as these chemicals are hazardous in nature and may have a negative effect on the health. Stringent regulatory norms owing to growing health concerns is likely to deter the adhesive tapes market growth over the forecast period.
June 2019: Researchers at the University of Pennsylvania has come up with a strong, reversible adhesive. The material PHEMA used in this adhesive is presently the strongest available for reversible adhesion.
Target Audience:
- Manufactures
- Raw material Suppliers
- Aftermarket suppliers
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
Market Segmentation
The Market Research Future report offers a wide segmental analysis of the adhesive tapes market based on material, technology, and application.
Based on material, the adhesive tapes market is segmented into polyvinyl chloride, paper, and polypropylene. Of these, the paper segment will have the largest share in the market over the forecast period.
By technology, the adhesive tapes market is segmented into solvent, hot melt, and others. Of these, the hot melt segment will dominate the market over the forecast period.
Based on application, the adhesive tapes market is segmented into consumer, automotive, construction, food and beverage, healthcare, and others. Of these, the healthcare segment will lead the market over the forecast period.
Regional Analysis
Based on the region, the adhesive tapes market report covers growth opportunities and the latest trends across Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW). Of these, the APAC region will lead the market over the forecast period. It is predicted to grow at the fastest pace. This is owing to growth in spending capacity, rising urbanized population, and increase in industrialization. China is a key contributor here. Growth in retail, automotive, and construction sector is predicted to boost the demand of adhesive tapes. Moreover, this country has witnessed increased investment in technology that resulted in various products across the tape line.
The adhesive tapes market in the North American region is predicted to have a steady growth over the forecast period.
Scope of Report
The report for Global Adhesive Tapes Market ofMarket Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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Study Objectives of Global Adhesive Tapes Market:
- To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the global adhesive tapes market.
- To provide insights about factors affecting the market growth.
- To analyze the global adhesive tapes market based on various factors- price analysis, supply chain analysis, porters five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, APAC, and Rest of the World (RoW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by Material, Technology, Application and by Region.
- To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global adhesive tapes market.
List of Tables
Table 1 World Population by Major Regions (2015 to 2030) (Million)
Table 2 Global Adhesive Tapes Market: by Region, 2014-2022 (Usd Million)
Table 3 Global Adhesive Tapes Market: by Region, 2014-2022 (Kt)
Table 4 North America Global Adhesive Tapes Market: by Country, 2014-2022 (Usd Million)
Table 5 Europe Global Adhesive Tapes Market: by Country, 2014-2022 (Usd Million)
Table 6 Asia-pacific Global Adhesive Tapes Market: by Country, 2014-2022 (Usd Million)
Table 7 Row Global Adhesive Tapes Market: by Country, 2014-2022 (Usd Million)
Table 8 Global Adhesive Tapes for Material Market: by Regions, 2014-2022 (Usd Million)
Table 9 North America Global Adhesive Tapes for Material Market: by Country, 2014-2022 (Usd Million)
Table 10 Europe Global Adhesive Tapes for Material Market: by Country, 2014-2022 (Usd Million)
Continued……
List of Figures
Figure 1 Global Adhesive Tapes Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis of Global Adhesive Tapes Market
Figure 4 Value Chain of Global Adhesive Tapes Market
Figure 5 Share of Global Adhesive Tapes Market in 2014, by Country (in %)
Figure 6 Global Adhesive Tapes Market, 2015-2022, (Usd Billion)
Figure 7 Sub-segments of Applications
Figure 8 Global Adhesive Tapes Market Size by Application
Figure 9 Share of Healthcare in Global Adhesive Tapes Industry, 2012 to 2022
Figure 10 Share of Automotive in Global Adhesive Tapes Industry, 2012 to 2022
Continued……..
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