LONDON--(BUSINESS WIRE)--The global adhesive tapes market size is expected to grow by USD 17.02 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period.
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The growing construction industry is one of the major factors propelling market growth.
Factors including increasing government investments in large-scale infrastructure projects such as railways and highways and the rising number of public-private partnerships for infrastructure development have fueled the growth of the construction industry. This propels the demand for adhesive tapes as these are used for sealing, bonding, and filling gaps in internal glazing and partition systems. Moreover, they also help in the permanent bonding of the metal frames to glass in interior and exterior curtain wall systems. Additionally, the growing urban population is one of the major factors contributing to the growth of the construction industry, which is encouraging investors to construct more residential buildings. Thus, increasing the need for adhesive tapes for protection of glazing components and insulated glass units. This will influence the growth of the adhesive tapes market during the forecast period.
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Global Adhesive Tapes Market: Material Landscape
Polypropylene materials are used in packing or electric insulation applications such as tamper-evident tapes, strapping tapes, and carton sealing tapes. These are reasonably priced and are used as an alternative to PVC in various applications. Moreover, these tapes exhibit dielectric and physical properties, making them the ideal raw material for adhesive tapes. Market growth in this segment will be faster than the growth of the market in the paper and polyvinylchloride segment.
Global Adhesive Tapes Market: Geographic Landscape
The rapid growth of end-user industries such as consumer durables, automotive, and construction in the region are some of the factors that will significantly influence adhesive tapes market growth in this region. 60% of the market’s growth will originate from APAC during the forecast period. China, India, Indonesia, and Japan are the key markets for adhesive tapes in APAC. Market growth in this region will be slower than the growth of the market in South America and MEA.
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Companies Covered
- 3M Co.
- Avery Dennison Corp.
- Henkel AG & Co. KGaA
- Intertape Polymer Group Inc.
- LINTEC Corp.
- Lohmann GmbH & Co.KG
- Nitto Denko Corp.
- Scapa Group Plc
- Shurtape Technologies LLC
- tesa SE
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, till 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Adhesive Tapes Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist in adhesive tapes market growth during the next five years
- Estimation of the adhesive tapes market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the adhesive tapes market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of adhesive tapes market, vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY MATERIAL
- Market segmentation by material
- Comparison by material
- Polypropylene - Market size and forecast 2019-2024
- Paper - Market size and forecast 2019-2024
- Polyvinyl chloride - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by material
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Increased demand for eco-friendly products
- Increased use of silicon adhesives in adhesive tapes
- Increased adoption of sustainable product manufacturing by vendors
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- 3M Co.
- Avery Dennison Corp.
- Henkel AG & Co. KGaA
- Intertape Polymer Group Inc.
- LINTEC Corp.
- Lohmann GmbH & Co.KG
- Nitto Denko Corp.
- Scapa Group Plc
- Shurtape Technologies LLC
- tesa SE
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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