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Adhesive Tapes Market by Type, Application, Technology, Backing Material (PP, Paper, and PVC)

Adhesive Tapes Market: Global Analysis

  • October 2016
  • 190 pages
  • ID: 4214600
In this report:
In 2014, the automotive production in the country increased by ##.##%, reaching ##.## million units from ##.## million units in 2013.
The demand for paper backed adhesive tapes is expected to increase during the forecast period, from ##,##.## million square meters in 2016 to ##,##.## million square meters by 2021, at a CAGR of ##.##%.

Summary

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"Global adhesive tapes market is expected to register a CAGR (Compound annual growth rate) of ~5.5 percent"

The overall adhesive tapes market size is forecasted to reach ~$61.9B by 2021, at a compound annual growth rate of ~5.5 percent between 2016 and 2021. Their ability of sticking with application pressure, with or without the need for a solvent or heat for activation performance properties are replacing the need for mechanical fasteners in many markets. The growing demand for adhesive tapes in healthcare, automotive, building & construction, electrical & electronic sectors is fueling the global demand for adhesive tapes, globally.

The high price of tape backing materials, fluctuations in the cost of raw materials that are derived from crude oil, and recessionary effect on end-use markets are factors that restrain the increase of the market.

"Healthcare is the most important application of adhesive tapes"

Adhesive tapes are used in the healthcare market for surgical containers, monitoring electrodes, and other medical devices. Healthcare adhesive tapes and adhesive plasters are a few of the pressure-sensitive adhesive tapes used in the medical sector. Presently, medical tapes are used in hospitals to cover wounds, for fixing cover shields during surgeries, and for cleaning purposes in antiseptic room entrances. In 2015, the healthcare application recorded for the biggest market share, in terms of both value and quantity. The adhesive tapes market in the healthcare segment is forecasted to witness the top compound annual growth rate between 2016 and 2021, in terms of both volume and value.

"Increasing demand in APAC is the main driver of the adhesive tapes market"

The large demand in Asia-Pac is anticipated to be the main driver of the overall adhesive tapes market. China (CN) is anticipated to lead the APAC market, in terms of demand for adhesive tapes, due to growth in the capacity expansion of adhesive tapes by top players in the area since the last 3-4 years. It is also among the leading emerging industries of adhesive tapes, globally. The industries in other emerging economies including Brazil, India (IN), and Mexico (MX) are also anticipated to witness quick increase.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions have been conducted.

The split of primary interviews is as follow:

• By Company category - Tier 1 - 58.0 percent, Tier 2 - 33.0 percent, and Others - 9.0 percent

• By Description - C-suite - 50.0 percent, D-suite - 33.0 percent, and Others - 17.0 percent

• By Area - North America continent - 33.0 percent, Europe (EU) - 30.0 percent, Asia Pacific (APAC) - 14.0 percent, South America region - 14.0 percent, the Middle East (ME) -7.0 percent, and African continent -2.0 percent

The main companies decribed in this research report are 3M Co (NYSE:MMM), Nitto Denko, Tesa SE, Avery Dennison Corporation, Henkel AG & Co (ETR:HEN), KGaA, Intertape Polymer Group, Lintec Corporation, and Scapa Group Plc among others.

Segment Research

From an insight prospect, this market research highlights on several levels of analysis - industry, market share study of main actors, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the adhesive tapes market in healthcare, electrical & electronic, and automotive sectors; high-growth areas; and sector drivers, industry restraints, and possibilities. The adhesive tapes market is divided on the basis of type, coating technology, application, tape backing material, and area. The regional market is further analyzed for the top countries in each of these regions.

Why acquiring this study can help you

The analysis will facilitate industry top players/new sector entrants in these ways:

1. This document breaks down the adhesive tapes market comprehensively and offers the closest approximations of the market sizes for the global market and the sub-segments across several verticals and localities.

2. The market research will facilitate partners to apprehend the pulse of the sector and offer them with info on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners to comprehend the top players and obtain additional insights to enhance their rank in the business sector. The competitive outlook section includes new industry product developments, market investments & business developments, joint ventures (JV), alliances, contracts & strategic agreements, and mergers & acquisitions.

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