Global Specialty Tapes Market, 2014-2024

Global Specialty Tapes Market, 2014-2024

Specialty tapes are a kind of tape widely used for wounding, bonding, joining and splicing the same or different kinds of material. Specialty tapes are designed to fit specific applications, which often contain specific performance adhesives and other materials. Specialty tapes fall into four basic construction types including self-wound, single-sided with release liner, double-coated, and unsupported transfer adhesives.

Acrylic is the most-preferred resin type, due to cost effective and its good physical & chemical properties. Acrylic resin can also applicable in water based and solvent based technology. This kind of tape is developed for reducing sound and vibration. Acrylic based tapes are firmer and more durable than rubber-based adhesive tapes. These tapes are met the standardization for specialized application. Acrylic tapes exhibit good performance and protect surface against UV light exposure and chemicals. Acrylic tapes are being widely used in automotive industry as it provides enhanced bonding strength. Rubber tapes are widely used for electrical application for sealing connection. PVC tapes is a thermoplastic polymer. These tapes are non-corrosive and resistant to humidity and UV rays and employed in chemical industry applications widely due to its excellent mechanical properties, better insulation ability, and higher resistance to chemicals.

The specialty tapes find wide area of application includes health care, personal care, electronics & electrical, automotive, aerospace, white goods, construction, printing and others.

The global specialty tapes market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global specialty tapes market is growing at a fast pace and increasing its geographical footprint rapidly. The global specialty tapes market is valued at US $ xxx million dollars in 2019 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2024 in value.

The growth is comparatively higher in APAC region due to advancement in end user sectors and demand from health care, automotive, electrical &electronics industry. The major growth driver for specialty tapes market globally is the properties offered by tapes and global acceptability along with growing demand from end user applications including electrical & electronics, healthcare & hygiene, automotive, white goods, paper & printing, building & construction, retail & graphics, and others. Also, the developing countries, along with growth in disposable income drive specialty tapes market globally.

Specialty tapes enjoy wide usage across all major regions in the world including Europe, APAC, North America, Middle East, Africa, and Latin America. These regions serve large number of manufacturers and supplier and are hence responsible for the growth of specialty tapes market globally. The companies that lead global specialty tapes market are 3M, Nitto Denko Corporation, Lintec Corporation, Avery Dennison Corporation, Scapa Group PLC, Intertape Polymer Group Inc., Berry Global Inc., Saint-Gobain Performance Plastics, Lohmann GMBH & Co. KG, and Nichiban Co. Ltd., and Tesa Tapes Private Limited.

Research Methodology

The research process includes the market segmentation of the global specialty tapes market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the global specialty tapes market industry experts from across the global industry. Market Krystal conducts more than 40 interview hours dedicated for this study, the same are mentioned below:

By company type:

Manufacturers (35%), Suppliers (25%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)

By geography:

North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)

By designation:

Top level (40%), Operation level (20%), Mid-level (40%)

Contents of the report:

Insights on the global specialty tapes industry dynamics
Estimation of the present global specialty tapes market size in terms of value and volume
Global specialty tapes market breakup based on type and application.
Verified global specialty tapes market forecast for the next five years.
In depth analysis of the leading companies working across different nodes of global specialty tapes industry value chain.