Pressure Sensitive Tapes Market Set for Rapid Growth and Trend, by 2027 - PowerPoint PPT Presentation

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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 – PowerPoint PPT presentation

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

Pressure Sensitive Tapes Market
  • Global Industry Analysis, Size, Share, Growth,
    Trends and Forecast, 2027

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
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    tion indispensable for businesses to sustain a
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  • Each TMR Syndicated Research report covers a
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    technology. These reports provide in-depth
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    strive to serve clients and satisfy their overall
    research requirement.

  • Key Highlights
  • 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

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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

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.

Global Pressure Sensitive Tapes Market
Competition Landscape
  • Nitto Denko Corporation
  • Lintec
  • Avery Dennison Corporation
  • Henkel AG Company KGaA
  • 3M
  • Adchem Corporation

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