Skip to main content

Pressure Sensitive Tape Market Segment And Industry Forecasts Till, 2014 - 2025: Million Insights

Global Pressure Sensitive Tape Market is anticipated to reach USD 69.26 billion over the forthcoming period. Pressure sensitive tapes are also known as “PSA Tape”, or “Adhesive Tape”. Pressure sensitive tape is an adhesive tape that could be stuck with application of pressure, without the solvent (such as heat or water) for initiation. It is mainly used in the institutions, industry, office, home for several purposes.

The factors that propel the growth of the Pressure Sensitive Tape industry include increasing demand for Box/sealing, extensively used for packaging, labelling, sealing, electric insulation, general-purpose, and stationery applications. On the other hand, there are factors that may hamper the growth of the market including severer rules concerning solid waste disposable. Pressure Sensitive Tape Market is anticipated to grow at a significant CAGR of 6.1% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Download Free Sample  - https://www.millioninsights.com/industry-reports/pressure-sensitive-tape-market/request-sample

Pressure Sensitive Tape industry may be explored by backing material type, product type, application and geography. The market may be explored by backing material type as PVC, Polypropylene, Paper, and Others. The “Polypropylene” segment led the Pressure Sensitive Tapes Market in 2016 and is anticipated to maintain its dominance by 2022 due to cost effectiveness, high-tear resistance in mid-direction & cross-direction, and well stability skill.

The key application that could be explored in the market include Building & construction, Packaging, Electrical & electronics, Health & hygiene, Automotive, and Others. The “Packaging” segment led the pressure sensitive tape industry in 2015 and is anticipated to maintain its dominance by 2022 due to its biodegradability and low carbon footprint. The industry could be explored based on product type as Masking Tape, Electrical Tape, Carton sealing Tape, Double sided Tape, and Others.

North America accounted for the major share of the Pressure Sensitive Tape Market Size in 2015 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes rising building activities in the US and organization growth in Canada and Mexico. Additionally, development in the US food & beverages segment is expected to drive the demand in the forecast period. North America is followed by Asia-Pacific.

Some of the key players that fuel the growth of the Pressure Sensitive Tapes industry comprise3M, Kruse Adhesive Tape, Vibac Group S.p.a., Nitto Denko Corporation, H.B.Fuller, tesa SE, LINTEC Corporation, Surface Shields, Saint-Gobain, CCT Tapes, NICHIBAN CO., LTD, Advance Tapes International, Scapa Group plc., Lohmann GmbH & Co.KG., CMS Group of Companies. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Comments

Post a Comment

Popular posts from this blog

What are the market trends for the Enterprise Content Management market?

Soaring volumes of data on web server are heightening the importance of enterprise content management software to carry out business processes such as storage, management of data sets, and sharing of information through videos and audio clips, and are responsible for fueling the market value. Growing preference toward cloud services is substantially influencing the market size on global-scale. Globally, the enterprise content management (ECM) market is predicted to grow at a CAGR of 15.6% in forecast period, providing numerous opportunity for market players to invest for research and development in the enterprise content management market. Download Free Sample  -  https://www.millioninsights.com/industry-reports/enterprise-content-management-ecm-market/request-sample Multiple software providers are offering automated data security services that allows easy management to encrypt crucial data such as financial reports to avoid illegal access. Though, growing concerns related to the highe
Post a Comment
Read more

Power over Ethernet Market Is Expected To Grow At A Significant CAGR In The Upcoming Years 2014 - 2025

The market is subject to witness a substantial growth due to the growing need for low cost solutions and increasing demand for high-speed internet. The Power over Ethernet (PoE) provides the transmission of data and information signals over the twisted pair Ethernet. This allows passage for electric power alongside data to the devices like IP cameras and wireless access points. These factors are expected to drive the growth of Power over Ethernet (PoE) industry over next seven years. Globally, the Power over Ethernet market is predicted to grow at higher CAGR in the forecast period, providing numerous opportunities for market players to invest in research and development of the market. Download Free Sample  -  https://www.millioninsights.com/industry-reports/power-over-ethernet-poe-market/request-sample The Power over Ethernet (PoE) technology offer higher data transmission rate and helps to save additional cost of installation for various network cables. In addition, development of in
Post a Comment
Read more

Mg-Al-Zinc Coated Carbon Steel Market Players And Industry Forecasts Till, 2019-2028: Radiant Insights, Inc

  The global Mg-Al-Zinc Coated Carbon Steel market was valued at $XX million in 2018, and Radiant Insights, Inc analysts predict the global market size will reach $XX million by the end of 2028, growing at a CAGR of XX% between 2018 and 2028. This report provides detailed historical analysis of global market for Mg-Al-Zinc Coated Carbon Steel from 2013-2018, and provides extensive market forecasts from 2019-2028 by region/country and subsectors. It covers the sales volume, price, revenue, gross margin, historical growth and future perspectives in the Mg-Al-Zinc Coated Carbon Steel market. Download Free Sample  -  https://www.radiantinsights.com/research/2013-2028-report-on-global-mg-al-zinc-coated-carbon-steel-market/request-sample Leading players of Mg-Al-Zinc Coated Carbon Steel including: ArcelorMittal NISSHIN STEEL CO POSCO NSSMC Shandong Kerui Steel Market split by Type, can be divided into: Thin Carbon Steel Conventional Carbon Steel Thick Carbon Steel Special Made Carbon Steel M
Post a Comment
Read more