The latest report by IMARC Group, titled “Adhesive Tapes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global adhesive tapes market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global adhesive tapes market reached a value of US$ 62.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 85.3 Billion by 2027, exhibiting at a CAGR of 5.1% during 2022-2027. An adhesive tape is a strip with adhesive properties that sticks to different surfaces on the application of slender pressure. It is available in two types, namely commodity tapes and specialty tapes. These tapes use coating technologies that are solvent-based, water-based, and hot-melt. They find a range of applications in the automotive, packaging, and healthcare industries.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Important Attribute and highlights of the Report:
Global Adhesive Tapes Market Trends:
The global market is majorly driven by the increasing demand for the product across the building and construction industry for HVAC, glazing, abatement, and insulation applications. Furthermore, the replacement of traditional fastening systems with adhesive tapes is positively influencing the market across the healthcare and electrical sectors. Apart from this, the growing popularity of paper-backed adhesive tapes owing to their eco-friendly nature is creating a positive outlook for the market. Besides this, significant growth in the packaging industry and the rising demand for biodegradable adhesive tapes are providing a boost to the market worldwide.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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