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Adhesive Tapes Market worth 69.42 Billion USD by 2022

The adhesive tapes market was valued at USD 48.56 Billion in 2016 and is projected to reach USD 69.42 Billion by 2022, at a CAGR of 6.26% during the forecast period. In this study, 2016 has been considered as the base year, and the forecast period is between 2017 and 2022. The report aims at estimating the size and growth potential of the adhesive tapes market across different segments, such as resin type, technology, backing substrate, category, application, and region. Factors such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the adhesive tapes market have also been studied in this report. The report analyzes opportunities in the adhesive tapes market for stakeholders and presents a competitive landscape of the market.

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Adhesive Tapes Market worth 69.42 Billion USD by 2022

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  1. Adhesive Tapes Market worth 69.42 Billion USD by 2022 The report "Adhesive Tapes Market by Resin Type (Acrylic, rubber, silicone), Technology (Solvent, Water and Hot-Melt-Based), Substrate (PP, Paper, PVC), Application (Packaging, Healthcare, Electrical & Electronics, Automotive), and Region-Global Forecast to 2022" The adhesive tapes market is estimated to be USD 51.25 Billion in 2017 and is projected to reach USD 69.42 Billion by 2022, at a CAGR of 6.26% between 2017 and 2022. Adhesive tapes are defined as a continuous, flexible backing material of paper, plastic, cloth, metal, or foam, which is coated on one or both sides with an adhesive. Adhesive tapes are classified into 2 categories, namely, commodity adhesive tapes and specialty adhesive tapes. Commodity adhesive tapes include packaging, masking, and consumer & office tapes. Specialty adhesive tapes are used in various applications, such as healthcare, electrical & electronics, automotive & transportation, white goods, paper & printing, building & construction, and retail. Browse 162 market data Tables and 50 Figures spread through 173 Pages and in-depth TOC on "Adhesive Tapes Market by Resin Type (Acrylic, rubber, silicone), Technology (Solvent, Water and Hot-Melt-Based), Substrate (PP, Paper, PVC), Application (Packaging, Healthcare, Electrical & Electronics, Automotive), and Region-Global Forecast to 2022" Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=251563138 Based on resin type, the silicone segment is expected to grow at the highest CAGR during the forecast period. Silicone-based adhesive tapes are non-conductive in nature. Key properties of silicone-based adhesive tapes include low chemical reactivity, low toxicity, and high gas permeability, which make these tapes suitable for medical applications. Over the past few years, the demand for silicone-based adhesive tapes has been increasing in various end-use industries. Based on technology, the hot-melt segment of the adhesive tapes market is expected to grow at the highest CAGR during the forecast period. The hot-melt technology segment is projected to witness the highest growth during the forecast period. Hot melt adhesive tapes are the fastest-growing class of adhesive tapes in healthcare application. These adhesive tapes have an extreme rate of bond formation, which can translate into high production rates. In the US, hot-melt technology is widely used in tape production by key players, such as 3M Company (US) and Intertape Polymer Group, Inc. (Canada). Based on backing substrate, the paper segment of the adhesive tapes market is expected to grow at the highest CAGR during the forecast period. The paper segment is projected to grow at the highest CAGR from 2017 to 2022. Smooth or crepe paper with different elongation degrees and tensile strengths are used as a backing material for adhesive tapes. Paper adhesive tapes are used in healthcare, automotive, electrical & electronics, and building & construction industries. The adhesive tapes market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. The adhesive tapes market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period, due to the rising demand for adhesive tapes from emerging economies, such as India, China, South Korea, Vietnam, Taiwan, and Singapore. China is leading the market for adhesive tapes in the Asia Pacific region. The growth of various end-use industries, such as packaging, healthcare, electrical & electronics, building & construction, and automotive is projected to drive the demand for adhesive tapes in China. 3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US), Shurtape Technologies, LLC (US), Scapa Group Plc (UK) are some of the key players operating in the adhesive tapes market.

  2. Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalyst.asp?id=251563138 Key Target Audience:            Adhesive Tapes Manufacturers Adhesive Tapes Material Suppliers Raw Material Suppliers Formulation Technology Providers Industry Associations Automotive Companies Healthcare Tapes Manufacturers Electrical & Electronics Equipment Manufacturers Packaging Companies NGOs, Government, and Regional Agencies Research Organizations and Associations Scope of the Report: This research report categorizes the adhesive tapes market based on resin type, technology, backing substrate, category, application, and region. Adhesive Tapes Market, By Resin Type:     Acrylic Rubber Silicone Others (EVA and Butyl) Adhesive Tapes Market, By Technology:    Solvent-based Water-based Hot-Melt Adhesive tapes Market, By Backing Substrate:     Polypropylene Paper Polyvinyl Chloride (PVC) Others {Foam, Cloth, Metal, Polyamide (PA), Polyethylene Terephthalate (PET), and Polyethylene (PE)} Adhesive Tapes Market, By Category:   Commodity Adhesive Tapes Specialty Adhesive Tapes Adhesive Tapes Market, By Application:      Packaging Masking Consumer & Office Healthcare Electrical & Electronics

  3.      Automotive White Goods Paper & Printing Building & Construction Retail Others (Defense, Food & Beverage, Wind Energy, Solar Energy, Sports, and Aerospace) About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Rohan MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Email: newsletter@marketsandmarkets.com

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