Splicing Tape Market Report: Trends, Forecast and Competitive Analysis to 2030

Splicing Tape Market Report: Trends, Forecast and Competitive Analysis to 2030

Splicing Tape Trends and Forecast

The future of the global splicing tape market looks promising with opportunities in the paper & printing, packaging, labeling, and electronics markets. The global splicing tape market is expected to reach an estimated $0.8 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing demand for environmentally friendly and biodegradable splicing tapes, growing application of splicing tapes by the paper and packaging industry, and expanding use of acrylic polymers in the auto industry.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Splicing Tape by Segment

The study includes a forecast for the global splicing tape by resin, material, application, and region.

Splicing Tape Market by Resin [Shipment Analysis by Value from 2018 to 2030]:

• Acrylic
• Rubber
• Silicone
• Others

Splicing Tape Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Paper/Tissue
• Pet/Polyester
• Non-Woven
• Others

Splicing Tape Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Paper & Printing
• Packaging
• Labeling
• Electronics
• Others

Splicing Tape Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Splicing Tape Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies splicing tape companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the splicing tape companies profiled in this report include-

• 3M Company
• Nitto Denko
• Avery Dennison
• Scapa Group
• Tesa
• Intertape Polymer
• Shurtape Technologies
• Echotape
• Orafol Europe
• Adhesive Research

Splicing Tape Market Insights

Lucintel forecasts that paper/tissue will remain the largest segment over the forecast period because it offers excellent comfort in comparison to the fabric or other splicing tapes.

APAC will remain the largest region over the forecast period due to prevalence of major key players, as well as, growth and expansion of paper and packaging industry in the region.

Features of the Global Splicing Tape Market

Market Size Estimates: Splicing tape market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Splicing tape market size by resin, material, application, and region in terms of value ($B).

Regional Analysis: Splicing tape market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different resin, material, application, and regions for the splicing tape market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the splicing tape market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the splicing tape market size?

Answer: The global splicing tape market is expected to reach an estimated $0.8 billion by 2030.

Q.2 What is the growth forecast for splicing tape market?

Answer: The global splicing tape market is expected to grow with a CAGR of 4.3% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the splicing tape market?

Answer: The major drivers for this market are growing demand for environmentally friendly and biodegradable splicing tapes, growing application of splicing tapes by the paper and packaging industry, and expanding use of acrylic polymers in the auto industry.

Q4. What are the major segments for splicing tape market?

Answer: The future of the global splicing tape market looks promising with opportunities in the paper & printing, packaging, labeling, and electronics markets.

Q5. Who are the key splicing tape market companies?

Answer: Some of the key splicing tape companies are as follows:

• 3M Company
• Nitto Denko
• Avery Dennison
• Scapa Group
• Tesa
• Intertape Polymer
• Shurtape Technologies
• Echotape
• Orafol Europe
• Adhesive Research

Q6. Which splicing tape market segment will be the largest in future?

Answer: Lucintel forecasts that paper/tissue will remain the largest segment over the forecast period because it offers excellent comfort in comparison to the fabric or other splicing tapes.

Q7. In splicing tape market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to prevalence of major key players, as well as, growth and expansion of paper and packaging industry in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the splicing tape market by resin (acrylic, rubber, silicone, and others), material (paper/tissue, pet/polyester, non-woven, and others), application (paper & printing, packaging, labeling, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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