Global Thermal Transfer Tapes Market, By Substrate (Rigid to Rigid, Flexible to Rigid, Flexible to Flexible), Material (Paper, Plastic, Polypropylene, Polyethylene, Polyethylene Terephthalate, Polyvinyl Chloride, Polyamide, Others), Product Type (Double Sided, Single Sided), Adhesive Type (Solvent Based, Acrylic Based), Thickness Type (Up to 1 mm, 1 – 2 mm, Above 2 mm), End- User (Automotive, Electrical and Electronics, Building and Construction, Shipping and Logistics, Aerospace and Defense, Other Industrial), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights of Thermal Transfer Tapes Market
Data Bridge Market Research analyses that the thermal transfer tapes market will project a CAGR of 10.60% for the forecast period of 2022-2029. Rising focus on the packaging product innovations and technological advancements by the manufacturers, growth and expansion of packaging industry especially in the developing economies such as India and China, surging demand for innovative packaging solutions that are developed with advanced and innovative methods of manufacturing, growing usage of thermal transfer tapes for aerospace and defines applications and increased personal disposable income are the factors driving the growth of thermal transfer tapes market.
From the name itself, it is clear that the thermal transfer tapes are the packaging solutions that offer high performance thermal conductivity with a well-balanced double sided acrylic adhesive system. The thermal transfer tapes are a far superior option when it comes to heat transfer or thermal conductivity.
Rising urbanization, modernization, and globalization is driving the growth in the market value. Growing product innovations by the manufacturing industry, surging awareness about the benefits of thermal transfer tapes, rising demand for electronic gadgets and surging development in the flexible packaging solutions will further induce growth in the market value. Surging research and development proficiencies, growing focus of the manufacturers on minimize the production cost without compromising with the quality, surging demand for prevalence for electric vehicles especially in the western economies, growing technological advancements in the packaging equipment and technology to accommodate a diversified range of products and increased proliferation of e-commerce industry are some other market growth determinants.
However, supply chain disruptions owing to the covid-19 pandemic will create hindrances for the market growth rate. Fluctuations in the prices of raw materials will further dampen the market growth rate. Large scale availability of alternatives in the market will hamper the market growth rate.
This thermal transfer tapes market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on thermal transfer tapes market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Thermal Transfer Tapes Market Scope and Market Size
Global thermal transfer tapes market is segmented on the basis of substrate, material, product type, adhesive type, thickness type and end- users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of substrate, the thermal transfer tapes market is segmented into rigid to rigid, flexible to rigid and flexible to flexible.
- Based on material, the thermal transfer tapes market is divided into paper, plastic, polypropylene, polyethylene, polyethylene terephthalate, polyvinyl chloride, polyamide and others.
- The product type segment of the thermal transfer tapes market is divided into double sided and single sided.
- Based on adhesive type, the thermal transfer tapes market is divided into solvent based and acrylic based.
- Thickness type segment of the thermal transfer tapes market is bifurcated into up to 1 mm, 1 – 2 mm and above 2 mm.
- End-users segment of the thermal transfer tapes market is divided into automotive, electrical and electronics, building and construction, shipping and logistics, aerospace and defense and other industrial.
Thermal Transfer Tapes Market Country Level Analysis
The global thermal transfer tapes market is analysed and market size insights and trends are provided by country, substrate, material, product type, adhesive type, thickness type, and end- users as referenced above.
The countries covered in the thermal transfer tapes market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific region will dominate the global thermal transfer tapes market during the forecast period owing to the growing number of manufacturing industries, mushrooming consumer crater of packaged goods, growth and expansion of various end user verticals, rapid industrialization, rising awareness about the benefits of thermal transfer tapes, rising penetration of electronic gadgets, growing demand for electric vehicles and increased personal disposable income.
The country section of the thermal transfer tapes market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Thermal Transfer Tapes Market Share Analysis
The thermal transfer tapes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to thermal transfer tapes market.
Some of the major players operating in the thermal transfer tapes market 3M, CCL Industries Inc., Apogee Industries Inc., Henkel Adhesives Technologies India Private Limited., Speciality Tapes Industry, LINTEC Corporation., PPI Adhesive Products, Scapa Group Ltd, Vraj Corporation., Dexerials Corporation., Seiko Epson Corporation., PPM Industries SpA., VIBAC S.p.A., World Packaging Co., Inc.., Primetac., PowerPack Elements, NITTO DENKO CORPORATION., Advance Tapes International., Practical Packaging Solutions, Inc., SJF and Berry Global Inc., among others.
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