Pressure Sensitive Tape Market Trends Growth and Dynamics Forecast To 2022
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong> <strong>Market</strong> <strong>Trends</strong> | <strong>Growth</strong> <strong>and</strong> <strong>Dynamics</strong> |<br />
<strong>Forecast</strong> <strong>To</strong> <strong>2022</strong><br />
“Global <strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong> <strong>Market</strong> report includes in-depth analysis of<br />
industry by recent technologies, trends, opportunities, challenges, key players<br />
<strong>and</strong> business strategies considering types, segment <strong>and</strong> future outlook.”<br />
Global <strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong> <strong>Market</strong> is anticipated to reach USD 69.26 billion over the<br />
forthcoming period. <strong>Pressure</strong> sensitive tapes are also known as “PSA <strong>Tape</strong>”, or “Adhesive <strong>Tape</strong>”.<br />
<strong>Pressure</strong> sensitive tape is an adhesive tape that could be stuck with application of pressure,<br />
without the solvent (such as heat or water) for initiation. It is mainly used in the institutions,<br />
industry, office, home for several purposes.<br />
The factors that propel the growth of the <strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong> industry include increasing<br />
dem<strong>and</strong> for Box/sealing, extensively used for packaging, labelling, sealing, electric insulation,<br />
general-purpose, <strong>and</strong> stationery applications. On the other h<strong>and</strong>, there are factors that may<br />
hamper the growth of the market including severer rules concerning solid waste disposable.<br />
<strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong> <strong>Market</strong> is anticipated to grow at a significant CAGR of 6.1% in the<br />
upcoming period as the scope, product types, <strong>and</strong> its applications are increasing across the<br />
globe. <strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong> industry may be explored by backing material type, product type,<br />
application <strong>and</strong> geography. The market may be explored by backing material type as PVC,<br />
Polypropylene, Paper, <strong>and</strong> Others.<br />
Request Sample Copy of this <strong>Market</strong> Research @ https://www.millioninsights.com/industryreports/pressure-sensitive-tape-market/request-sample
The “Polypropylene” segment led the <strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong>s <strong>Market</strong> in 2016 <strong>and</strong> is anticipated<br />
to maintain its dominance by <strong>2022</strong> due to cost effectiveness, high-tear resistance in middirection<br />
& cross-direction, <strong>and</strong> well stability skill. The key application that could be explored in<br />
the market include Building & construction, Packaging, Electrical & electronics, Health &<br />
hygiene, Automotive, <strong>and</strong> Others. The “Packaging” segment led the pressure sensitive tape<br />
industry in 2015 <strong>and</strong> is anticipated to maintain its dominance by <strong>2022</strong> due to its biodegradability<br />
<strong>and</strong> low carbon footprint. The industry could be explored based on product type as Masking<br />
<strong>Tape</strong>, Electrical <strong>Tape</strong>, Carton sealing <strong>Tape</strong>, Double sided <strong>Tape</strong>, <strong>and</strong> Others.<br />
North America accounted for the major share of the <strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong> <strong>Market</strong> Size in 2015<br />
<strong>and</strong> will continue to lead in the forecast period. The factors that could be attributed to the<br />
growth includes rising building activities in the US <strong>and</strong> organization growth in Canada <strong>and</strong><br />
Mexico. Additionally, development in the US food & beverages segment is expected to drive the<br />
dem<strong>and</strong> in the forecast period. North America is followed by Asia-Pacific.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/pressure-sensitive-tape-market<br />
Some of the key players that fuel the growth of the <strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong>s industry<br />
comprise3M, Kruse Adhesive <strong>Tape</strong>, Vibac Group S.p.a., Nitto Denko Corporation, H.B.Fuller, tesa<br />
SE, LINTEC Corporation, Surface Shields, Saint-Gobain, CCT <strong>Tape</strong>s, NICHIBAN CO., LTD, Advance<br />
<strong>Tape</strong>s International, Scapa Group plc., Lohmann GmbH & Co.KG., CMS Group of Companies. The<br />
leading companies are taking up partnerships, mergers <strong>and</strong> acquisitions, <strong>and</strong> joint ventures in<br />
order to boost the inorganic growth of the industry.<br />
<strong>Market</strong> Segment:<br />
Global <strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong> Backing Material Outlook (Volume, Million Square Meters;<br />
Revenue, USD Million, 2012 - <strong>2022</strong>)<br />
• Polypropylene<br />
• Paper<br />
• PVC
• Others<br />
Global <strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong> Product Outlook (Volume, Million Square Meters; Revenue, USD<br />
Million, 2012 - <strong>2022</strong>)<br />
• Carton sealing <strong>Tape</strong><br />
• Masking <strong>Tape</strong><br />
• Double sided <strong>Tape</strong><br />
• Electrical <strong>Tape</strong><br />
• Others<br />
Global <strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong> Application Outlook (Volume, Million Square Meters; Revenue,<br />
USD Million, 2012 - <strong>2022</strong>)<br />
• Packaging<br />
• Building & construction<br />
• Electrical & electronics<br />
• Automotive<br />
• Health & hygiene<br />
• Others<br />
Global <strong>Pressure</strong> <strong>Sensitive</strong> <strong>Tape</strong> Regional Outlook (Volume, Million Square Meters; Revenue, USD<br />
Million, 2012 - <strong>2022</strong>)<br />
• North America<br />
• U.S.<br />
• Europe<br />
• Germany<br />
• Asia Pacific<br />
• China<br />
• India<br />
• Latin America<br />
• Brazil<br />
• MEA
See More Reports of this Category by Million Insights @<br />
https://www.millioninsights.com/industry/chemicals-<strong>and</strong>-materials<br />
Get in touch<br />
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our<br />
representatives strive to underst<strong>and</strong> diverse client requirements <strong>and</strong> cater to the same with the<br />
most innovative <strong>and</strong> functional solutions.<br />
Contact Person:<br />
Ryan Manuel<br />
Research Support Specialist, USA<br />
Email: ryan@millioninsights.com<br />
Global Headquarters<br />
Million Insights<br />
Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States<br />
Phone: 1-408-610-2300<br />
Email: sales@millioninsights.com<br />
Asia Pacific<br />
Million Insights<br />
Office No. 302, 3rd Floor, Manikch<strong>and</strong> Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016<br />
India<br />
Phone: 91-20-65300184
Change language