Pressure Sensitive Tapes Market 2020 – Revenue Status

1. Pressure Sensitive Tapes Market To Reach USD 82.94 Billion By 2027

2. Market Summary The growing demand from the construction industry and the increasing number of aircraft are driving market growth. Market Size – USD 60.38 Billion in 2019, Market Growth - CAGR of 3.9%, Market Trends – High demand from developing nations. The global Pressure Sensitive Tapes market is forecast to reach USD 82.94 Billion by 2027, according to a new report by Reports and Data. Increasing concerns regarding the light-weighting of automobiles across the globe have led to the increasing adoption of tapes. Traditionally used products, such as fasteners and adhesives, are being replaced by pressure sensitive tapes, due to the benefits they offer.

3. Our Approach Our Approach Market Summary The increasing population in the developing countries, which leads to an increase in industrialization and urbanization, is expected to lead to a rise in government spending on infrastructure and construction. This, in turn, will foster the demand for the pressure sensitive tapes market, as these find extensive uses in the construction industry. The growth in the aircraft industry is also expected to lead to an increased demand for the product,as pressuresensitivetapesare extensivelyused in making aircraftinteriorsand avionics. Frequent fluctuations in raw material prices have a significant impact on the manufacturers' procurement cost, which can hamper the demand for the market. Increasing sanctions on the import of crude oil affect the overall oil prices, which can also lead to reduced market size for pressure sensitive tapes. The market also faces a threat from the increasing number of substitutes present for the product, such as sealants and fasteners. The growing use of these in various industries can lead to reduced demand for Pressure SensitiveTapes. Requestfor a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/3222

4. Our Approach Our Approach Market Summary Key participants include Scapa Group PLC, Sika AG, Arkema Group, DOW Corning, 3M, H.B. Fuller, Avery Dennison Corporation, Tesa, Intertape, and Henkel AG & Company KGAA, among others. For the purpose of this report, Reports and Data have segmented into the global Pressure Sensitive Tapes market on the basis of product, Material, End-Use, and region: Product Outlook (Revenue, USD Billion; 2017-2027) • Specialty Tapes • Packaging Tapes • Consumer Tapes Material Outlook (Revenue, USD Billion; 2017-2027) • Woven/Nonwoven • Polyvinyl Chloride • Polypropylene • Polyethylene Terephthalate (PET) • Foam • Metal • Others

5. Our Approach Our Approach Market Summary RegionalOutlook (Revenue,USD Million; 2019-2026,and VolumeMetric Tons-2026) • North America • Europe • Asia Pacific • Middle East & Africa • Latin America Order Now: https://www.reportsanddata.com/checkout-form/3222

6. About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com