Pressure Sensitive Adhesive Tapes Market – Analysis and Forecast To 2024, Adchem Corporation, Adhesives Research


Posted March 1, 2019 by chemicalnews

Pressure sensitive adhesive tapes are the continuous flexible strip of cloth, metal, paper

 
Pressure sensitive adhesive tapes are the continuous flexible strip of cloth, metal, paper, or plastic coated on both sides with a permanent adhesive at room temperature that will adhere to the variety of surfaces with finger pressure without changing the phase. They are generally available in roll form. The global pressure sensitive adhesive tapes market is experiencing a good growth in the market and expected to witness the same in the coming years, which can be attributed to its increasing use in the end-user industries, due to the advantages it offers such as high heat resistance, good adhesion to metals, and others.

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Based on chemistry, the pressure sensitive adhesive tapes market is segmented into acrylic, rubber, silicone, and others. Among all these, Silicone-based tapes is the most dominant category in the market and expected to witness the fastest growth in the market during the forecast period. This is attributed to its wide industrial application which includes heavy machinery, solar and wind energy, and others. Also, they are used in the aerospace industry, they are used in the form of process tapes, masking tapes, high performance insulation laminates, and others, where organic tapes are not able to fulfill the requirement.

On the basis of backing material, the pressure sensitive adhesive tapes market is classified into polypropylene, paper, polyvinyl chloride, and others. The paper segment is anticipated to register the highest growth in the market during the forecast period, due to the increasing demand of low-cost backing material for tape manufacturing.

Based on end-user, the pressure sensitive adhesive tapes market is categorized into packaging, electrical and electronics, medical and hygiene, transportation, construction, medical, and others. Electrical and electronics end-user category is the largest consumer of these tapes, owing to the increasing demand of these tapes in the manufacturing of consumer electronics such as camera and mobile phones. Also, these tapes are useful for attaching surface-mount components at points on printed circuit boards.

Asia-Pacific is expected to register the highest CAGR in the pressure sensitive adhesive tapes market during the forecast period, which can easily be attributed to the increasing demand and use of these tapes in the end-user industries. Also, the demand is significantly increasing from the countries such as India, South Korea, China, and others to fulfill the need of rapidly expanding industries in the region.

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Adchem Corporation, Advance Tapes International, Adhesives Research, Inc., Berry Plastics Corporation, Dewal Industries Inc., Saint-Gobain Performance Plastics, Dermamed Coatings Company, LLC, Mactac, LLC, Wuhan Huaxia Nanfeng Adhesive Tapes, and Canadian Technical Tape Ltd. are some of the key players operating in the pressure sensitive adhesive tapes market.

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Last Updated March 1, 2019