Expansion of construction industry, increased adoption across industrial applications such as thermal insulator, availability & affordability, and rising adoption across commercial and residential segments are the key attributes contributing towards the growth of global pressure sensitive tape market. Pressure sensitive tape is a continuous flexible strip of plastic, metal, cloth or paper coated with adhesives that adhere to surfaces with application of pressure without changing phase of adhesive.
The demand for pressure sensitive tapes is primarily driven by the thermal insulating properties and easy of applicability offered by these adhesive tapes. The pressure sensitive tapes are used across several industries such as packaging, construction, and automotive for thermal & electrical insulation, sealing & bonding, sound proofing and similar applications. The demand for pressure sensitive tapes is increasing significantly in packaging of hazardous & non-hazardous materials fueled by the expansion of ecommerce, chemical, pharmaceutical and transportation & logistics industry. The growth of construction industry has fueled the adoption of pressure sensitive tapes and is anticipated to offer prominent opportunities in coming years. Additionally, increased adoption of pressure sensitive tapes in security & safety, signage and marking applications such as hazardous material warnings, traffic signs, and vehicle reflectivity is expected to bolster the growth of global pressure sensitive tapes market during the forecast period. The global pressure sensitive tape market is anticipated to witness steady growth during the forecast period.
Asia Pacific contributed a dominating share to the global pressure sensitive tape market in 2019 and is anticipated to be the most lucrative market during the forecast period. With the expansion of automotive, healthcare and electronics manufacturing industries across major countries, the demand for pressure sensitive tapes is anticipated to escalate during the forecast period. North America and Europe are anticipated to contribute prominent share to the market individually owing to strong demand from packaging and industrial applications.
Pressure Sensitive Tapes Market Share Analysis, by Geography (2022)
The report titled “Pressure Sensitive Tape Market - Global Market Share, Trends, Analysis and Forecasts, 2022-2032” wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global pressure sensitive tape market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global pressure sensitive tape market is segmented on the basis of type, construction, adhesive type, backing material, applications, end use industry, and geography. Based on type, the global pressure sensitive tapes market is segmented into specialty tapes, packaging tape, consumer tapes, and others. Based on construction, the global pressure sensitive tape market is segmented into single coated, double coated, reinforced, and others. Based on adhesive type, the global pressure sensitive tape market is segmented into acrylic, rubber, silicone, and others. Based on backing material, the global pressure sensitive tape market is segmented into woven/nonwoven, polyvinylchloride (PVC), polypropylene (PP), polyethylene terephthalate (pet), foam, metal, and others. Based on applications, the global pressure sensitive tape market is segmented into sealing, bonding & attaching, communicating & identifying, insulating, protecting, and others. Based on end use industry, the global pressure sensitive tape market is segmented into packaging, semiconductor & electronics, energy & utility, IT & telecommunication, automotive & transportation, healthcare, building & construction, and others. Based on geography, the global pressure sensitive tape market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment, and would identify the segment of the company focusing on pressure sensitive tapes. Further, market share of prominent companies in the global pressure sensitive tape market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the pressure sensitive tape companies.
The global pressure sensitive tapes market study would take into consideration the participants engaged throughout the supply chain of the market, along with their contribution. Product portfolio would focus on all the products under the pressure sensitive tape business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global pressure sensitive tape market.
Major players active in the global pressure sensitive tape market include 3M, Adhesive Applications, Adhesives Research, American Biltrite Inc., AVERY DENNISON CORPORATION, Berry Global Inc., Cantech, CCT Tapes, Coroplast Fritz Müller GmbH & Co.KG, Duraco, Edge Adhesives, Infinity Tapes, Intertape Polymer Group, Lamart Corp, Mactac, Magnum Tapes & Films, NITTO DENKO CORPORATION, Shurtape Technologies, LLC, tesa SE, and Worthen Industries.
By Type:
By Construction:
By Adhesive Type:
By Backing Material:
By Application:
By End-use Industry:
By Geography:
The sample report for the Pressure Sensitive Tape Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
Asia Pacific is the principal contributor to the global Pressure Sensitive Tape market.
Major participants in the Pressure Sensitive Tape industry comprise 3M, Adhesive Applications, Adhesives Research, American Biltrite Inc., AVERY DENNISON CORPORATION, Berry Global Inc., Cantech, CCT Tapes, Coroplast Fritz Müller GmbH & Co.KG, Duraco, Edge Adhesives, Infinity Tapes, Intertape Polymer Group, Lamart Corp, Mactac, Magnum Tapes & Films, NITTO DENKO CORPORATION, Shurtape Technologies, LLC, tesa SE, and Worthen Industries..
The end-use segments in Pressure Sensitive Tape market are Packaging, Semiconductor & Electronics, Energy & Utility, IT & Telecommunication, Automotive & Transportation, Healthcare, Building & Construction and Others.
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