Global Adhesive Tapes Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027

The Adhesive Tapes Market report Overview:

“The global Adhesive Tapes Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

The Adhesive Tapes Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global adhesive tapes market report has been segmented on the basis of resin type, technology, backing substrate, category, application, and region.

Adhesive tape is a flexible strip made of paper, cloth, metal foil, or plastic film coated with a thin layer of permanent glutinous adhesive on a single side or both sides.

These tapes are accessible in form of sheets or rolls of various sizes in the market and are available in various forms such as pressure-sensitive tapes, self-sticking tapes, and sticky tapes. In addition, these tapes are majorly utilized for packing and binding products in various industries such as food & beverage, healthcare, and e-commerce, among others.

Dynamics

Increasing demand for adhesive tapes across various end-use industrial verticals such as paper & printing, retail, and food & beverage, is major factor estimated to drive growth of the global market over the next few years.

Rising application scope in the electronics and healthcare industries is another major factor estimated to support revenue growth of the potential market in the next 10 years.

In addition, various features and advantages offered by adhesive tapes such as maintaining adhesion over a high-temperature range and the ability to adhere to difficult surface conditions are other factors estimated to boost the adoption of these products, which in turn anticipated to drive growth of the target market over the forecast period.

Moreover, adhesive tapes find application in various industrial sectors with improved efficiency, which in turn estimated to drive growth of the target market over the next 10 years.

Region Analysis

The Asia Pacific market is estimated to account for major share in terms of revenue in the global adhesive tapes market. In addition, Asia Pacific market is also projected to register faster growth in terms of revenue over the next 10 years, owing to increasing demand from electrical & electronics and automotive industries in countries in this region.

Increasing investments by various private and public manufacturers in Asia Pacific region and rising demand from various application sectors are other factors anticipated to drive growth of the Asia Pacific market in the next few years.

The market in China is estimated to account for major share in terms of revenue in the Asia Pacific. In addition, rising awareness regarding various features offered by these tapes among manufacturers in the countries in this region are other key factors driving growth of these end-use industries, which in turn is estimated to fuel growth of the global market in this region.

Global Adhesive Tapes Market Segmentation:

Segmentation by resin type:

• Acrylic
• Rubber
• Silicone
• Others (EVA and Butyl)

Segmentation by technology:

• Water-based
• Solvent-based
• Hot-Melt

Segmentation by backing substrate:

• Polypropylene
• Polyvinyl Chloride (PVC)
• Paper
• Others (Foam, Cloth, Metal, Polyamide (PA), Polyethylene Terephthalate (PET), and Polyethylene (PE))

Segmentation by category:

• Specialty Adhesive Tapes
• Commodity Adhesive Tapes

Segmentation by application:

• Packaging
• Consumer & Office
• Healthcare
• Electrical & Electronics
• Automotive
• Building & Construction
• Others (White Goods, Paper & Printing, Retail, Defense, Food & Beverage, Wind Energy, Solar Energy, Sports, and Masking)

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa