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.
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.
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.
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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.
The major factors driving the pressure sensitive adhesive tapes market are the increasing adoption due to easy applicability, increasing demand from end-user industries, and high demand from developing countries. The demand of these tapes is increasing in various end-user industries such as medical, automotive, electronics, and others.
The pressure sensitive adhesive tapes market growth is restrained by the rising price of raw material prices and the changing regulations to reshape the pressure sensitive adhesives tapes market.
The rising cost of raw materials that are used in the formulation of these tapes for the tape industry are expected to bring uncertainty in the market, which can hinder the market growth in the coming years.
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.
Source: VynZ Research