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Adhesive Tapes Market - Global Industry Analysis, Forecast 2016 – 2023

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Adhesive tape is a strip of plastic or paper coated with an adhesive to stick, hold, or fasten different surfaces at standard conditions of temperature. There are two major types of adhesive tapes: commodity tapes and specialty tapes. Adhesive tapes
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Adhesive Tapes Market - Global Industry
Analysis, Size, Share, Trends and
Forecast 2016 - 2023
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Adhesive
Tapes Market - Global Industry Analysis, Size, Share, Trends and Forecast 2016 - 2023” This report likewise
incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide
business sector industry structure.
Adhesive tape is a strip of plastic or paper coated with an adhesive to stick, hold, or fasten different surfaces at standard
conditions of temperature. There are two major types of adhesive tapes: commodity tapes and specialty tapes. Adhesive tapes
are used in various industries such as packaging, building & construction, food & beverages, automotive, electrical &
electronics, and healthcare. Adhesive tapes contain specific backing materials ranging from common paper, polypropylene, and
polyvinyl chloride (PVC) to uncommon materials such as foam, glass cloth, and woven and non-woven. Two coating technologies
are primarily used in adhesive tapes: hot melt and solvent.
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Rising demand for adhesive tapes in packaging applications is driving the adhesive tapes market. This application holds
immense potential for adhesive tapes. Furthermore, easy availability and higher usability has augmented demand for adhesive
tapes across the globe. Healthcare is expected to be an attractive market for adhesive tapes, led by strong growth of the global
healthcare industry. Food & beverages, automotive, electrical & electronics, and building & construction application segments of
adhesive tapes have witnessed steady growth over the past few years due to expansion in end-use industries. The trend is
anticipated to continue during the forecast period. The automotive segment is estimated to expand slightly faster than the rest
owing to recent growth of the automotive industry. Building & construction is another lucrative segment of the adhesive tapes
industry, as these tapes are employed in roofing, insulation, and various other applications in the building & construction
industry. Growth in the building & construction industry is likely to be a major driver for the adhesive tapes market in the near
future.
In terms of volume, packaging and food & beverage collectively accounted for approximately two-third share of the global
adhesive tapes market in 2014. The segment’s share is projected to increase in the near future. Specialty tapes is likely to be
the dominant product segment during the forecast period due to its application in various end-use industries. Furthermore,
backing material and coating technologies may influence the market in the near future. Demand for lightweight backing
materials has been increasing since the past few years owing to advancement in the technology. This trend is anticipated to
continue during the forecast period. Paper is projected to dominate the other types of backing materials. Strict environmental
regulations due to deforestation may prove to be a restraining factor for paper-backed adhesive tapes. However, rising
preference for good quality recycled paper is likely to mitigate the restraints rising from environmental regulations.
In terms of region, Asia Pacific is expected to be the leading market during the next few years due to increasing population in
emerging economies such as China and India. Automotive, food & beverages, and packaging applications are anticipated to
dominate the major share of the market in the region owing to growth in disposable income in countries such as China and
India. Europe is estimated to exhibit similar trend due to presence of well-established automotive industry in the region. The
adhesive tapes market in North America is likely to be driven by strong growth in the packaging industry in the region. The
adhesive tapes market in Latin America is anticipated to witness steady growth in the next few years due to expansion in the
construction industry in economies such as Brazil. Middle East and Africa is expected to be a highly lucrative regional segment
for adhesive tapes owing to expansion in construction and food & beverages industries in GCC countries and growth in the
automotive industry in South Africa.
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Some of the major players in the adhesive tapes market include 3M Company, tesa SE, NITTO DENKO CORPORATION,
LINTEC Corporation, Avery Dennison Corporation, Intertape Polymer Group, Henkel AG & Co. KGaA, Scapa Group plc, Shurtape
Technologies, LLC, and Lohmann GmbH & Co.KG.
This research report analyzes this market on the basis of its market segments, major geographies, and current
market trends. Geographies analyzed under this research report include
•
North America
•
Asia Pacific
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Europe
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Middle East and Africa
•
Latin America
This report provides comprehensive analysis of
•
Market growth drivers
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Factors limiting market growth
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Current market trends
•
Market structure
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Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market
projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis
and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the
existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
•
This report provides pin-point analysis for changing competitive dynamics
•
It provides a forward looking perspective on different factors driving or restraining market growth
•
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
•
It helps in understanding the key product segments and their future
•
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
•
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of
market segments
•
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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