Pressure Sensitive Labels Market 2017 to 2024, key industry players & growth trends

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Pressure Sensitive Labels Market growth outlook
with industry review and forecast 2017-2024
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• Overview

• Making rapid headways in the overall polymers and
  advanced materials industry, Pressure Sensitive
  Labels Market has continued to garner immense
  popularity as one of the most lucrative business
  verticals of this decade.
• Owing to their superior bonding properties and
  ease of application, pressure sensitive labels
  have found enormous usage as masking, sealing,
  and labeling material across variegated
  industries. This includes general manufacturing,
  healthcare, logistics, automotive
  transportation, and food beverage, among
  others.
• As a consequence of its widespread utilization,
  these materials are gradually replacing
  traditional bonding elements and techniques in
  the manufacturing procedures of the
  aforementioned businesses a factor that has
  significantly boosted the commercialization
  potential of pressure sensitive labels market.
• In addition to this, numerous established market
  players have been undertaking various research
  activities in order to revamp the existing
  product portfolio and develop unique tapes and
  labels to remain competitive in this highly
  combative business space. 

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• Acquisitions and facility expansion plans to
  steer the growth trajectory of pressure sensitive
  tapes labels industry
• In a bid to fortify its stance in the North
  America pressure sensitive labels market, Tokyo
  headquartered adhesive products manufacturer
  Lintec Corporation has officially announced to
  have acquired Mactac Americas L.L.C at an
  estimated cost of around USD 375 million.
• Industry experts have understandably concluded
  that the latest acquisition is of colossal
  importance for Lintec, as it is likely to bring
  about a transformation of sorts in the existing
  range of products in the pressure sensitive tapes
  labels industry. 

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• 360 Analysis

• According to a report by Global Market Insights,
  Inc., the worldwide pressure sensitive tapes
  labels market commanded a total valuation of over
  USD 90 billion in the year 2016, which explains
  the rising significance of these materials across
  various end-use domains. 
• Over the recent years, it has been observed that
  the leading pressure sensitive tapes labels
  industry participants have been engaging in
  research activities and pouring in massive
  resources to unveil state-of-the-art products.
  For instance, the American conglomerate 3M has
  recently introduced a new pressure sensitive tape
  named as 3M FWBT (Fire and Water Barrier Tape).
  The latest tape has been reportedly designed
  especially for firestopping in construction and
  is said to be integrated with the advanced
  pressure sensitive adhesives. 
• Consequentially, this has lent the new tape an
  increased credibility as it would be applicable
  to an extensive range of construction substrates
  both at low as well as high temperatures.
  Furthermore, FWBT is being claimed by pressure
  sensitive labels market experts to be first of
  its kind material that encompasses self-adhered
  membranes which are known to provide an
  elastomeric tough seal. Apparently, the launch of
  such innovative products would bring about
  drastic altercations in the growth dynamics of
  the overall pressure sensitive labels market in
  the forthcoming years, claim industry analysts.

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Competitive Trends

• The notable industries in Pressure Sensitive
  Labels Market are
• Avery Dennison Corporation
• 3M
• Scapa Group
• Berry Global Inc.
• American Biltrite Inc.
• DeWAL
• Gaska Tape Inc.

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