Double Sided Tape Market - Forecasts from 2018 to 2023
The Double-sided tape market is projected to grow at a CAGR of 5.66% to reach US$10.825 billion by 2023, from US$7.779 billion in 2017. Double-side tape is a versatile tool that comes handy for many uses including mounting, sealing, and installing. The burgeoning demand for non-woven tapes across various end-user industries such as automotive, construction, paper, healthcare, and etc. is driving the double-sided tapes market growth. The market is expected to grow at a good pace owing to the increasing adoption of electric and hybrid vehicles in the automotive sector.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Double-sided tape value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Double-sided tape market.
Major industry players profiled as part of the report are tesa SE, 3M, Parafix Tapes & Conversions Ltd, Berry Global, NITTO DENKO CORPORATION, AVERY DENNISON CORPORATION, MBK Tape Solutions, and ECHOtape.
The Double-sided tape market has been analyzed through following segments:
By End-User Industry
Middle East and Africa
Parafix Tapes & Conversions Ltd
NITTO DENKO CORPORATION
AVERY DENNISON CORPORATION
MBK Tape Solutions