Adhesive Tapes Market Size to Register 5.50% CAGR During Forecast Period


Posted October 4, 2016 by Rohini

Adhesive Tapes Market size is estimated to reach USD 61.86 billion by 2021, at a CAGR of 5.50% between 2016 and 2021.

 
Their ability of sticking with application pressure, with or without the need for a solvent (such as water) or heat for activation performance properties are replacing the need for mechanical fasteners in many industries. The increasing demand for adhesive tapes in healthcare, automotive, building & construction, electrical & electronic industries is fueling the overall demand for adhesive tapes, globally.

Complete report on Adhesive Tapes Market spread across 189 pages, profiling 10 companies and supported with 135 tables and 56 figures is now available at http://www.rnrmarketresearch.com/adhesive-tapes-market-by-product-type-commodity-specialty-by-application-packaging-masking-consumer-specialty-by-technology-solvent-hot-melt-water-by-backing-material-pp-paper-pvc-others-by-region-global-forecasts-to-2020-market-report.html
Adhesive tapes are used in the healthcare sector 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 industry. Currently, 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 accounted for the largest market share, in terms of both value and volume. The adhesive tapes market in the healthcare segment is projected to witness the highest CAGR between 2016 and 2021, in terms of both volume and value.
The high demand in Asia-Pacific is expected to be the major driver of the global adhesive tapes market. China is expected to lead the Asia-Pacific market, in terms of demand for adhesive tapes, due to increase in the capacity expansion of adhesive tapes by key players in the country since the last 3–4 years. It is also among the leading emerging markets of adhesive tapes, globally. The markets in other emerging economies such as Brazil, India, and Mexico are also expected to witness rapid growth.

This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (58%); Tier 2 (33%) and others (9%) companies were contacted for interviews. The interviews were conducted with various key people such as C Level (50%), Directors Level (33%) and other (17%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (33%), Europe (30%), Asia-Pacific (14%), South America (14%), the Middle East (7%), and Africa (2%).

The key companies profiled in this market research report are 3M (U.S.), Nitto Denko (Japan), Tesa SE (Germany), Avery Dennison Corporation (U.S.), HenkelAG & Company, KGaA (Germany), Intertape Polymer Group (Canada), Lintec Corporation (Japan), and Scapa Group Plc (U.K.) among others.
Ask for a discount before order a copy of Adhesive Tapes Market by Type (Commodity and Specialty), Application (Packaging, Masking, Consumer, Healthcare, Automotive, White Goods), Technology (Solvent, Hot-melt, and Dispersion-based), Backing Material (PP, Paper, and PVC) - Global Forecasts to 2021 http://www.rnrmarketresearch.com/contacts/discount?rname=411791
On a related note, another research titled with Electronic Adhesives Market by Form (Liquid, Paste and Solid), by Type (Electrically Conductive, Thermally Conductive, UV Curing and Others), by Application (Printed Circuit Boards and Semiconductor & IC), by Region - Global Trends and Forecasts to 2020. The global electronic adhesives market is projected to reach USD 6,085.4 million by 2020, registering a CAGR of 10.1% from 2015 to 2020. Now available at http://www.rnrmarketresearch.com/electronic-adhesives-market-by-type-electrically-conductive-thermally-conductive-uv-curing-others-form-liquid-solid-paste-application-semiconductor-ic-and-printed-circuit-boards-pcb-market-report.html
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Issued By Rohini
Country India
Categories Science
Last Updated October 4, 2016