Analysis of Pressure Sensitive Tapes & Labels Market applications and company’s active in the industry

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Pressure Sensitive Tapes Labels Market Update,
Analysis, Forecast, 2017 2024
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Global Market Scenario of Pressure Sensitive
Tapes Labels Industry

• Pressure Sensitive Tapes Labels Market will
  surpass USD 150 billion by 2024 according to a
  new research report by Global Market Insights,
  Inc.
• High growth in the food beverage industry in
  emerging economies such as Brazil, India,
  Argentina, and China will drive pressure
  sensitive tapes labels market demand till 2024.
  Tapes are extensively used in the packaging of
  food beverage products.
• Increasing consumer demand for displaying key
  information about products content and nature has
  also led to a high demand for labels. Steady
  demand for packaged food products in the U.S. and
  other mature markets in Europe will also boost
  product market growth during the forecast
  timeframe.
• Lifestyle changes, long working hours, and ease
  of consumption has led to the increasing demand
  for packaged food products not only in developed
  countries, but in emerging economies as well.
  This will contribute to the pressure sensitive
  tapes labels market development during the
  study period.

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• Stable growth in the U.S. manufacturing sector
  will also supplement the product market growth in
  the forecast timeframe. The U.S. manufacturing
  sector has revived from the 2008 economic
  slowdown and was valued above USD 2 trillion in
  2016. Pressure sensitive tapes labels market
  are used in a wide range of manufacturing
  industries including automotive, aerospace, heavy
  machinery, electronics, etc. Most of these
  products are used for bonding and masking
  operations during the manufacturing process and
  increasing manufacturing operations in the U.S.
  and around the world will boost pressure
  sensitive tapes labels market demand.
• Based on backing material, pressure sensitive
  tapes labels market is categorized into
  polyvinyl chloride, cloth, paper, polypropylene,
  and others. Paper is an important segment which
  will account for more than a fifth of the market
  size in 2024. Paper backing materials are
  extensively used for labels. They are also used
  for tapes which are used for masking
  applications. The increasing labels demand along
  with the lower costs of paper will favor this
  segments development in the study period.

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360 Industry Analysis

• Increasing applications scope for PU based liquid
  waterproofing membrane for end-use applications
  such as roofs, wet area, decorative waterproofing
  and parking decks should favor product demand.
  Polyurethanes are widely used in industry on due
  to ease of application and uniformity should
  favor polymer market growth demand.
• Sheet waterproofing membrane market size should
  witness steady gains and surpass USD 3 billion by
  2024. They are applied to roofs, kitchen floors,
  walls, balconies, bathrooms and wet rooms due to
  its low cost, safety and low maintenance
  properties. 

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• Regional Analysis
• North America is a major pressure sensitive tapes
  labels market owing to its large packaging and
  food beverage industry. A large manufacturing
  sector is also a principal reason behind North
  Americas large market size which is likely to
  surpass USD 35 billion by 2024. Latin America
  market will exhibit growths of more than 6.5
  CAGR and will turn into a key pressure sensitive
  tapes labels market till the end of the study
  period.
• High growth in the Mexican automotive and
  general manufacturing industries along with high
  demand for packaging materials in South American
  countries such as Brazil, Argentina, and Chile
  will favor the regions pressure sensitive tapes
  labels market development in the forecast
  timeframe.
• Competitive Analysis
• Major manufacturers in the pressure sensitive
  tapes labels market include 3M, Avery Dennison
  Corporation, Scapa Group, American Biltrite,
  Berry Global, DeWAL, LINTEC Corporation, CCL
  Industries, MACtac, Constantia Flexibles, Gaska
  Tape, Inland, UPM Raflatac, Fuji Seal
  International, and COVERIS.

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