Title: Adhesive Tapes Market - Forecast (2023 - 2028)
1Adhesive Tapes Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Adhesive Tapes Market size is estimated to
be US86.4 billion in 2027 and is forecasted to
grow at a CAGR of 5.6 during 2022-2027. Adhesive
tape is a material to which adhesives and
supporting materials are smeared to bind and
assemble objects. The backing material is usually
made of polyvinyl chloride, cloth, and paper. The
adhesive on the tape is a viscoelastic material
that adheres to the pressure applied to it and is
generally sensitive to moisture. The major
adhesive materials include acrylic
adhesives, epoxy resins, and others. - The growth of the healthcare sector is a
significant factor contributing to market
growth.
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- Key Takeaways
- Asia-Pacific dominated the adhesive tape market
and is expected to continue to do so during the
forecast period. China is one of the largest
markets for adhesive tapes, due to the large
production of electronics, and health care
products. - The adhesive tapes market is fragmented at the
global level with small scale companies entering
the market. The increased number of participants
in the industry has positively affected the
market value over a period of time. Major players
have been competent enough with key strategies
adopted to have a better market share at the
global level. -
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By Distribution Channel- Segment
Analysis Pressure sensitive adhesive tapes held
the largest share in the adhesive tapes market in
2021 and is expected to grow at a CAGR of 4.2
during the forecast period. The growing
applications of pressure sensitive adhesive tapes
in various industries such as packaging,
healthcare, electrical and electronics,
automotives, building construction, and others
are expected to drive the market in the coming
years. The great demand for PSA tapes and their
widespread adoption due to their ease of use and
low threat of substitute products in the market.
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- Adhesive Tapes Market Outlook
-
- 3M Company
- Tesa SE
- Nitto Denko Corporation
- Lintec Corporation
- Intertape Polymer Group
- Avery Dennison Corporation
- Lohmann GmbH
- Berry Global Inc.
- Scapa Group PLC
- Rogers Corporation
-
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Adhesive Tapes Market Forecast
(2023 - 2028) Learn More About the Report _at_
https//www.industryarc.com/Report/15279/adhesive
-tapes-market.html
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