Splicing Tapes Market Analysis with Impact of COVID-19 on Growth Opportunity by 2027

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Splicing Tapes Market To Reach USD 661.7 Million
By 2026
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Market Summary
The growth of the market is governed by various
factors such as growing demand from the packaging
industries Market Size USD 532.6 Million in
2018, Market Growth - CAGR of 2.7, Market
Trends-Emergence of packaging industry for newer
application
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Our Approach
Market Summary

• The splicing tapes market is expected to reach
  USD 661.7 Million by 2026, according to a new
  report by Reports and Data. The global splicing
  tapes market is principally driven by the growing
  demand from the paper printing sector. Paper
  printing and packaging industries are growing at
  a rapid pace, due to the rise in population and
  digitization across the globe.
• Splicing tapes are utilized in tabbing and
  holding of lithium-ion batteries. They are used
  in various electronics items for color coding in
  the electronics industry. The growing demand for
  lithium-ion batteries is expected to encourage
  the splicing tapes market during the forecast
  period.
• The market in North America is anticipated to
  witness a CAGR of 3.1 during the forecast
  period. The market is characterized by innovative
  product development and growing use of splicing
  tapes in the packaging sector in the region.
• Key participants include 3M, Avery Dennison
  Corporation, Nitto Denko Corporation, Scapa Group
  Plc, Intertape Polymer Group, Inc., Tesa SE,
  Shurtape Technologies, Llc, Orafol Europe Gmbh,
  and Adhesive Research, Inc.ECHOtape.
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  /1892

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Our Approach
Market Summary

• Segments covered in the report
• Resin Outlook (Volume, Kilo Tons and Revenue,
  USD Million 2016-2026)
• Acrylic
• Rubber
• Silicone
• Material Outlook (Volume, Kilo Tons and Revenue,
  USD Million 2016-2026)
• Paper/Tissue
• Pet/Polyester
• Non-Woven
• End User Outlook (Volume, Kilo Tons and Revenue,
  USD Million 2016-2026)
• Paper Printing
• Electronics
• Packaging
• Labeling
• Others

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Our Approach
Market Summary

• Major Geographies Covered in the Splicing Tapes
  Market Report
• North America (U.S., Canada)
• Latin America (Chile, Brazil, Argentina, Rest of
  Latin America)
• Europe (U.K., Italy, Germany, France, Rest of
  EU)
• Asia Pacific (India, Japan, China, South Korea,
  Australia, Rest of APAC)
• Middle East Africa (Saudi Arabia, U.A.E.,
  South Africa, Rest of MEA)
• To get a Discount on the Splicing Tapes Market
  Report, Click _at_ https//www.reportsanddata.com/dis
  count-enquiry-form/1892
• Further key findings from the report suggest
• The Splicing Tapes Market is estimated to reach
  USD 661.7 Million by 2026, at a CAGR of 2.7
  during the forecast period.
• Digitalization method has pushed the market of
  online shopping, which has developed a trend for
  packaging and labeling.
• Increasing demand for splicing tapes in the paper
  printing and packaging industries is because of
  the expansion in population and digitalization in
  various parts of the globe.
• The acrylic resin accounts for the largest share
  of 37.7 of the market in 2018.

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Our Approach
Market Summary

• The trend of Acrylic resin type is expanding
  owing to technological innovations in the
  automobile industries and electronics industries.
  Adhesive technology maturity is also leading to
  replacing functional technologies for bonding and
  increasing applications for specialty tapes in
  binding and adhering.
• The paper/tissue material segment is anticipated
  to grow at the highest rate of 3.2 during the
  forecast period.
• The paper printing end user accounts for the
  largest share of 27.3 of the market in 2018.
• The paper printing and packaging sectors are
  increasing with the growing population, which is
  one of the significant factors driving the
  splicing tapes market. The market in India,
  China, and other swiftly developing countries are
  expected to observe the fastest growth.
• The Asia Pacific region accounts for the largest
  market share of 26.3 of the market in 2018 and
  is expected to provide lucrative growth towards
  the global market, due to the presence of
  prominent manufacturers leading massive demand in
  the region.
• Various players are developing strategies to mark
  their presence in the industry.
• For example, Lee Man Paper Manufacturing Ltd.
  announced an investment in a new packaging paper
  mill in October 2018, having 700,000 tons
  capacity in Malaysia.
• Oji Holdings Corporation built a new plant in
  Vietnam in March 2018 and expanded the production
  capacity at two of its existing box plants in
  Malaysia to satisfy the increasing demand for
  corrugated containers.
• Read More _at_ https//www.reportsanddata.com/report-
  detail/splicing-tapes-market

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Our Approach
About Us

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