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Pressure Sensitive Adhesive Tapes Market by Resin type, Category, Backing Material, Type, End-Use Industry And Region - Global forecast to 2022

Pressure Sensitive Adhesive Tapes Market: Global forecast until 2022

  • October 2017
  • 149 pages
  • ID: 5160299
In this report:
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Summary

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The Pressure Sensitive Adhesive tapes market is anticipated to grow at a CAGR (Compound annual growth rate) of ~6.2 percent between 2017 and 2022.

The PSA tapes market is forecasted to grow from an estimated ~$50.1B in 2017 to ~$67.8B by 2022, at a compound annual growth rate of ~6.2 percent between 2017 and 2022. Significant increase has been observed in end-use industries including packaging, electrical & electronics, medical & hygiene, construction, transportation, and client & office which is anticipated to fuel the rise of the PSA tapes market due to the ease of use for these applications and their wide availability.

Among backing materials, the paper PSA tapes segment is anticipated to lead the PSA tapes market.

In the automotive sector, growing government regulations for manufacturing lightweight vehicles have propelled the industry demand for paper PSA tapes due to its lightweight feature. Furthermore, customer also prefer paper PSA tapes due to it being a low-cost product. Due to these factors, PSA tapes find high increase opportunities in the industrial, electronics, and construction markets.

The electrical & electronics end-use industry segment of the PSA tapes market is anticipated to increase at the maximal compound annual growth rate (CAGR) during the estimate period.

Among end-use markets, the electrical & electronics segment of the PSA tapes market is anticipated to rise at the highest CAGR (Compound annual growth rate) between 2017 and 2022. As PSA tapes are antistatic adhesive tapes, they are useful for attaching surface-mount components at points on printed circuit board. These tapes are used in the manufacture of many consumer electronics devices, including mobile phones and camera. They find several applications in electrical interconnection and assembly.

The Asia Pacific PSA tapes market is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period.

PSA tapes are finding different applications in several end-use sectors in the Asia Pacific area. Among localities, APAC is anticipated to be the quickest-increasing PSA tapes market. This increase is also attributed to the high-growth economies including China, India (IN), Taiwan, and other smaller countries, including Indonesia, Vietnam (VN), and Malaysia (MY). China (CN) is the leading market in terms of the demand for PSA tapes in Asia-Pac.

Breakup of primary interviews:

• By Company category: Tier 1 - 50.0 percent, Tier 2 - 25.0 percent, and Tier 3 - 25.0 percent

• By Description: D-level - 42.0 percent, C-level - 16.0 percent, and Others - 42.0 percent

• By Area: North America (NA) - 17.0 percent, EU - 33.0 percent, Asia Pacific (APAC) - 42.0 percent, South America area and Middle East area & African continent - 8.0 percent

3M Company, Nitto Denko Corporation, Tesa SE, Lintec Corporation, Intertape Polymer Group, Incorporated, and Avery Dennison Corporation are the top actors operating in the PSA tapes market.

Segment Research

This industry report offers a in-depth segmentation of the PSA tapes market based on resin type, category, category, backing material, end-user market, and area. Established on backing material, the sector has been broken down into polypropylene, paper, PVC, and others. With respect to resin type, the industry has been split into acrylic, rubber, and silicone based PSA tapes. Established on end-use sector, the sector has been divided into medical & hygiene, packaging, electrical & electronics, construction, transportation, and client & office. Established on area, the industry has been broken down into Asia Pacific, Europe (EU), North America continent, South America region, and Middle East (ME) & African continent.

Reasons to Buy the Report

From an insight prospect, this market research has emphasized several levels of analyses - industry, competitive landscape review of top actors in the PSA tapes market, and company descriptions. These insights together comprise and discuss the basic overviews on the competitive landscape, coming out and high-growth segments of the PSA tapes market, high-growth areas, and sector drivers, market restraints, alternatives, and opportunities.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on PSA tapes provided by the top actors in the PSA tapes market

• Product Development/Modernizations: In-depth understanding on the next technologies, analysis & growth activities, and recent product launches in the PSA tapes market

• Market Development: Highlighted information about profitable emerging sectors - the market research examines the sector for PSA tapes across different regions

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the PSA tapes market

• opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of key players in the PSA tapes market

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