Pressure Sensitive Adhesive Tape Market is expected to grow at a CAGR of 6.30% for the forecast period of 2020 to 2027 and is expected to reach USD 90.48 billion by 2027 with the factors such as the irregular prices of the raw material is acting as major restraints to the growth of the market.
Moreover, the rising increasing funds for advancement in technology will boost various new opportunities which will push the growth of the pressure sensitive adhesive tape market in the above mentioned forecast period.
Pressure Sensitive Adhesive Tape Market Scenario
According to Data Bridge Market Research the pressure sensitive adhesive tape market is developing due to various factors such as, Rising usage of tapes in various end-use industries and growing applicability and extensive taking of PSA tapes across the world. Growing incidences of manufacturers along with the easy accessibility of raw material are also anticipated to enhance the growth of the pressure sensitive adhesive tape market in the forecast period of 2020 to 2027.
Now the question is which are the regions that pressure sensitive adhesive tape market players should target? Data Bridge Market Research has forecasted large growth in Asia-Pacific due to the rising application scopes of tapes in various end-use industries such as medical & healthcare, construction, packaging, transportation and others in the region.
For more analysis on the pressure sensitive adhesive tape market, request for a briefing with our analysts https://www.databridgemarketresearch.com/es/speak-to-analyst/?dbmr=global-pressure-sensitive-adhesive-tape-market
Pressure Sensitive Adhesive Tape Market Development
- In January 2020, monta had launched a new compostable adhesive tape, which meets the stringent requirements about compost ability, biodegradability, ecop-toxicity and material properties of standards, sustaining its sustainability certification. This product launch will help the company to expand its presence and also to enhance its product portfolio in the market.
Pressure Sensitive Adhesive Tape Market Scope
Pressure sensitive adhesive tape market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa.
- All country based analysis of the pressure sensitive adhesive tape market is further analyzed based on maximum granularity into further segmentation. On the basis of type, pressure sensitive adhesive tape market is segmented into single-coated tapes or single-sided tapes, double-coated tapes, transfer tapes or unsupported tapes, and self-wound tape. Based on resin type, pressure sensitive adhesive tape market is segmented into acrylic, rubber, silicone, and other resin types. On the basis of backing material, pressure sensitive adhesive tape market is segmented into polypropylene (PP), paper, polyvinyl chloride (PVC), and others. Based on category, pressure sensitive adhesive tape market is segmented into commodity tapes, and specialty tapes. On the basis of end-use industry, pressure sensitive adhesive tape market is segmented into packaging, electrical & electronics, medical & hygiene, construction, transportation, consumer & office, and others.
- Pressure sensitive tapes are the types of tapes are based on numerous pressure sensitive adhesives in which adhesive is applied on one side or on both sides. These tapes are largely used for sealing, labeling, stationery, packaging, and other general purpose applications.
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Key Pointers Covered in the Pressure Sensitive Adhesive Tape Market Industry Trends and Forecast to 2027
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the report
- 3M
- NITTO DENKO CORPORATION
- Avery Dennison Corporation
- NICHIBAN Co., Ltd
- Scapa
- LINTEC Corporation
- Intertape Polymer Group
- Lohmann GmbH & Co.KG
- tesa Tapes (India) Private Limited
- Shurtape Technologies, LLC
- Mactac, LLC
- Berry Global Inc
- DermaMed Coatings Company, LLC
- CCT Tapes
- Adhesives Research, Inc
- Advance Tapes International
- Ajit Industries Pvt. Ltd
- Wuhan Huaxia Nanfeng Adhesive Tape CO, LTD
- American Biltrite Inc
- Cantech,
- Messe Düsseldorf GmbH
- Saint-Gobain
Above are the key players covered in the report, to know about more and exhaustive list of pressure sensitive adhesive tape companies, contact us https://www.databridgemarketresearch.com/es/toc/?dbmr=global-pressure-sensitive-adhesive-tape-market
Research Methodology of Global Pressure Sensitive Adhesive Tape Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecast using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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