Market Definition
Adhesive tapes are strips of paper or plastic with an adhesive backing, used to secure objects or hold them together. The most common type of adhesive tape is a Scotch tape, which is made of thin, transparent plastic and has a pressure-sensitive adhesive on one side. Other common types of adhesive tape include masking tape, duct tape, and packing tape. Adhesive tapes are used in a variety of applications, including sealing packages, repairing electrical wiring, and holding photographs in place.
Market Outlook
The major drivers for the market growth are the increasing demand from the packaging industry, growing construction activities, and rising automotive production. The major restraints for the market growth are the volatile raw material prices and the stringent environmental regulations. The major opportunities for market growth are the growing demand from the Asia-Pacific region and the development of biodegradable tapes. The major trends in adhesive tapes technology are the increasing use of pressure-sensitive adhesives, the development of water-based adhesives, and the increasing use of nanotechnology in adhesives. The key drivers of the adhesive tapes market include an increase in demand from end-use industries such as packaging, automotive, and construction; surge in demand for pressure-sensitive adhesives; and growth in industrialization and urbanization. The packaging industry is the largest end-use industry for adhesive tapes. The demand for adhesive tapes in the packaging industry is driven by the need for packaging of various products such as food, beverages, pharmaceuticals, and electronics. The water-based adhesives segment is the fastest-growing type segment of the adhesive tapes market. The growth of this segment is driven by the increase in demand for water-based adhesives from end-use industries such as packaging and construction.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives.
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Market segments:
The Adhesive Tapes Market is segmented by resin type, technology, backing material, end-use industry and region. By resin type it is acrylic, rubber and silicone. By technology it is segmented into solvent, hot-melt, and water-based. On the basis backing material it is divided into PP, paper and PVC. By end-use industry it is bifurcated into packaging, healthcare, electronics, automotive, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
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Key Market Players:
The Adhesive Tapes Market includes players such as 3M Company, Tesa SE, Nitto Denko Corporation, Lintec Corporation, Intertape Polymer Group, Avery Dennison Corporation, Lohmann GmbH, Berry Global Inc. , Scapa Group PLC , and Rogers Corporation.
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Research Scope
Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
- Market Size in 2021 – US$ XXX Billion
- Market Size in 2031 – US$ XXX Billion
- CAGR % – XXX
- Historic Period – 2015-2022
- Forecast Period – 2021-2031
- Base Year – 2021
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