Adhesive Tapes Market Growth - PowerPoint PPT Presentation

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Adhesive Tapes Market Growth

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The Global Adhesive Tapes Market is valued at USD 58.3 billion in 2019, and it is estimated to reach USD 85.9 billion by 2026, at a CAGR of 5.7 %, over the forecast period 2020-26. – PowerPoint PPT presentation

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Title: Adhesive Tapes Market Growth


1
Adhesive Tapes Market
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The surge in disposable income, alterations in
lifestyles of the people and increased dependency
on electronic devices' usage are expanding the
sales of electronic devices in Asian countries.
The tendency toward miniaturization of electronic
devices, especially cell phones, portable
personal computers, and tablets, is a central
element driving the adhesive tapes market
internationally.  Adhesive tapes are widely
deployed in various automotive applications such
as wire harnessing, electric insulation, and
automotive body repairs, masking, and surface
protection. The surge in usage of adhesive tapes
in automotive interior parts to deliver improved
confrontation and excellent bond-ability is
likely to push the adhesive tapes market during
the prediction period. Demand for adhesive tapes
has been surging in the packaging-end-use
industry due to its wide range of applications in
unitizing, palletizing, carton sealing, bundling,
and general packaging.   Adhesive tape can be
defined as a continuous flexible strip made of
paper, metal foil, cloth, or plastic film layered
with a thin coat of enduring glutinous adhesive
on one or both sides.
3
Growth Drivers Rising usage of adhesive tapes in
diverse applications   The widespread practice of
adhesive tape usage in various industries such as
automotive and food and beverage is an essential
factor propelling the market. Automotive
manufacturers are progressively accepting
adhesive tapes in place of mechanical fasteners
such as bolts and screws to decrease the
vehicles' weight and provide better fuel
efficiency. The growth of the healthcare sector
is another factor in promoting the market growth.
The sector uses adhesive tapes majorly for wound
care, assembly of medical devices, attributing
electrodes on the skin, and fixing cover shields
during surgeries. Besides, skin-friendly adhesive
tapes are extensively applied in the
manufacturing of infant and adult diapers. Get
the Sample Copy of the Reporthttps//www.blueweav
econsulting.com/adhesive-tapes-market-bwc20092
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