Global Adhesives Tapes Market is estimated to reach USD 77.62 Billion by 2027 at a CAGR of 4.3%, predicts forencis research (FSR).
Adhesive Tapes Market: Summary
The Global Adhesives Tapes Market is estimated to reach USD 77.62 Billion by 2027 at a CAGR of 4.3%, predicts forencis research (FSR).
Adhesives tapes can be stated as the adhesive coated fastening taper designed specially to join or adhere two objects together. Adhesives tapes are more preferred options as these are easy to use, and acts a substitute to the conventional fasteners, glue or other method of bonding objects together. Adhesives tapes offers better adhesion with cost effective solution, which finds application across industrial domains.
Adhesives Tapes Market: Drivers & Restraints
Soaring Demand from Packaging Sector
The packaging sector is witnessing upward growth, owing to betterment in shipping methods along with higher adoption of the flexible packaging options. Adhesives tapes in packaging is gaining higher importance owing to its use in sealing the heavy duty goods, which requires higher protection from the external barriers. Increasing usage of adhesives tapes in transportation of perishable goods, temperature and pressure sensitive goods to offer more efficient transit, is further escalating the demand for adhesive tapes. Ongoing demand of the varied adhesive solutions that provides higher protection from the leakage and seeping of the solid goods or fluids, is also increasing the market growth.
Request The Report Sample PDF of Global Adhesives Tapes Market@ http://www.forencisresearch.com/adhesive-tapes-market-sample-pdf/
Growing Automotive and Construction Sector
Adhesive tapes are used widely in the vehicles to promote adhesion in engine compartment, electrical components, monitor, automotive interior and exterior. In construction, adhesive tapes are used for protecting the joints, sealing application, fixing the flooring material, and for varied purpose in interior and exterior of the building. Growing construction and automotive sector across the globe is pushing the demand for adhesive tapes. Rise in global population, increase in disposable income, higher demand for residential apartment along with betterment in living standard is expected to fuel market growth.
Regulation Imposed on the Adhesive Tapes
The adhesive tapes market growth in mainly hampered owing to the regulation imposed by the regulatory authorities. Restriction related to the use of the chemicals such as toluene, formaldehyde, Di-2-ethylhexyl phthalate owing to health hazards associated with these chemicals impacts the overall tape related business. To avoid this regulation has been imposed by the regulatory bodies. Increasing count of the countries adopting stricter regulation is hindering the market growth.
Request Report Methodology On Competition On Global Adhesives Tapes Market@ http://www.forencisresearch.com/adhesive-tapes-market-request-methodology/
Adhesives Tapes Market: Key Segments
- On the basis of Type: Pressure-sensitive Adhesives (PSAs), Heat Activated Tape, Water Activated Tape andSelf-adhesive Tapes
- On the basis of Resin: Rubber, Acyclic, Silicone, Urethane andOthers
- On the basis of Application:Electrical, Construction, Medical, Automotive and Others
- On the basis of Geography: North America, South America, Europe, Asia-Pacific, Middle East & Africawith individual country-level analysis.
Key Companies Covered
- 3M (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
- NITTO DENKO CORPORATION
- tesa SE
- Lintec Corporation
- Shurtape Technologies, LLC
- Lohmann GmbH & Co.KG
- Intertape Polymer Group
- Avery Dennison Corporation
- BASF SE
- Other Key Companies
Consult With an Analyst of Global Adhesives Tapes Market for More Information @ http://www.forencisresearch.com/adhesive-tapes-market-consult-with-an-analyst/
Adhesives Tapes Market: Report Segmentation
For the scope of the report, In-depth segmentation is offered by Forencis Research
Adhesives Tapes Market, by Type
- Pressure-sensitive Adhesives (PSAs)
- Heat Activated Tape
- Water Activated Tape
- Self-adhesive Tapes
Adhesives Tapes Market, by Resin
Adhesives Tapes Market, by Application
Adhesives Tapes Market, by Region
- South Korea
- Rest of Asia-Pacific
- The Netherlands
- Rest of Europe
Middle East and Africa
- Saudi Arabia
- Rest of Middle East & Africa
- Rest of South America
Purchase Global Adhesives Tapes Market Premium Industry Research Report with Analysis @ http://www.forencisresearch.com/adhesive-tapes-market-purchase-now/
About Forencis Research
Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.
Phone: +1 (720) 306 9020
For more market research insights, please visit https://www.forencisresearch.com