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Pressure Sensitive Tapes Market Set for Rapid Growth and Trend, by 2027

Pressure Sensitive Tapes Market Set for Rapid Growth and Trend, by 2027<br>

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Pressure Sensitive Tapes Market Set for Rapid Growth and Trend, by 2027

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  1. Pressure Sensitive Tapes Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved

  2. About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

  3. In terms of value, the global Pressure Sensitive Tapes market was stood around US$ 65.0 Bn in 2018 and is anticipated to expand at a CAGR of more than 6% from 2019 to 2027 • Based on product type, carton sealing tapes held a major share of the market in 2018 owing to increasing online retailing market and growing global cargo scenario • On the basis of backing material, polypropylene was the major material used in pressure sensitive tape in 2018. It is accounted for more than 50% of the total Pressure Sensitive Tapes usage in 2018.It is projected to exhibit significant growth rate during the forecast period 2019 to 2027 • In terms of end-user industry, automotive was the dominant end-user industry accounted for more than 20% of the total Pressure Sensitive Tapes market in 2018. It is likely remain dominant application between 2019 and 2027 Key Highlights: View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

  4. VOC Emissions during Manufacturing and Volatility in Raw Material Prices May Hamper Overall Demand • There exist major environmental concerns regarding the manufacture of tapes, particularly pressure sensitive tapes • Environmental regulations affect the pressure-sensitive tape technology in two areas: manufacturing process and product design • While forming an adhesive layer on the backing material, adhesives such as low-viscosity natural rubber and resins are coated by solvents such as xylene and toluene. Without proper containment devices, these solvents are simply released into the atmosphere. Moreover, energy required to evaporate these solvents emits carbon dioxide into the atmosphere • Solvent-based adhesives contain a significant level of volatile organic compounds (VOCs), which can lead to smog formation and asthma irritations. It is often a reason for environmental concerns worldwide. Hence, emission of VOCs during production of tapes is likely to act as a restraint for the pressure sensitive tapes market

  5. Asia Pacific Expected to be Highly Lucrative Region of Global Pressure Sensitive Tapes Market In terms of volume and value, Asia Pacific held the largest share of the global pressure sensitive tapes market in 2018 across the globe. In terms of value, Asia Pacific was estimated to hold for more than 40% share of the global pressure sensitive tapes market in 2018. China and India are the key countries which are expected to drive the pressure sensitive tapes market demand in near future. ©2019 Transparency Market Research, All Rights Reserved

  6. Global Pressure Sensitive Tapes Market: Competition Landscape Nitto Denko Corporation Lintec Avery Dennison Corporation Henkel AG & Company KGaA 3M Adchem Corporation ©2019 Transparency Market Research, All Rights Reserved

  7. To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact:Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U

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