The global lasers market is expected to grow at a compound annual growth rate of 8.28% over the forecast period. The market is expected to be driven by the growth of lasers in various applications such as military and defence, material processing, research and development, healthcare, and other industrial operations. Major companies have been investing significant capital in the enhancement of laser technology for different applications. The major advantage of the laser is that it provides Read more...
The global liquid waste management market is expected to grow at a compound annual growth rate of 5.12% over the forecast period. The market would be driven by the surging number of waters borne diseases such as Malaria, Typhoid, diarrhoea, Cholera, and other related diseases, which causes safety concerns and increasing toxicity, among individuals. The market is also expected to be driven by the rising population, increasing urbanization, surging liquid waste from residential areas, industr Read more...
The Construction adhesive tape market is projected to grow at a CAGR of 4.69% during the forecast period. The market size is expected to be US$4.038 billion by 2023 from US$3.066 billion in 2017. The requirement for innovative, cost effective and reliable equipment for many construction related uses will be the primary factor driving the demand of adhesive tapes in the construction industry. Adhesive tapes provide flexibility and reliability for many bonding and masking activates required w Read more...
The healthcare adhesive tape market is projected to grow at a CAGR of 6.40% to reach US$13.777 billion in 2024 from US$9.496 billion in 2018. Healthcare adhesive tapes are primarily designed for wound closure and for the fixture of medical devices and wearable sensors on the body. The demand for healthcare adhesive tapes is majorly driven by the ri Read more...
The non-woven adhesive tape market is projected to grow at a CAGR of 7.84% to reach a market size of US$1.357 billion in 2023 from US$0.863 billion in 2017. Non-Woven tapes are created by the mechanical, thermal or chemical interlocking of natural or synthetic fibres which allows non-woven tapes to be made using materials such as nylon, cotton, polyester, among others and can have acrylic or rubber-based additives. These tapes provide properties such as stretchability, water and flame resis Read more...
The commodity adhesive tape market is expected to surge with a CAGR of 5.12% increasing from a market size of USD49.936 billion in 2019 to a market size of US$67.365 billion by the end of 2025.Commodity adhesive tapes are tapes used for purposes including packaging, masking, and consumer andoffice space uses. The demand for commodity adhesive tapes will rise with growth in the packaging and retailindustries. Moreover, the booming eCommerce industry will further boost the demand for thes Read more...
The specialty adhesive tape market is projected to grow at a CAGR of 6.41% during the forecast period. Specialty adhesive tapes are designed for specific purposes such as construction, electrical, automotive and more. Increasing research and development in the adhesive tapes market is budding the applicability and features that these tapes offer, resulting in increasing their demand across industry verticals. Furthermore, global expansion in the electrical, construction and healthcare in Read more...
The Hot-Melt adhesive tape market is estimated to grow at a CAGR of 7.70% to reach a market size of US$14.351 billion in 2023 from US$9.193 billion in 2017.Hot-Melt-based adhesives work on the principal of adhesion through heating, solidification and then cooling. This technology is used mostly in manufacturing industry to reduce lead time and operational costs. The demand for these tapes will grow during the forecast period owing to the growing manufacturing industry worldwide. Furthermore, inc Read more...
The Water-Based adhesive tape market is projected to grow at a CAGR of 4.63% during the forecast period. The market size is expected to be US$22.814 billion by 2023 from US$17.391 billion in 2017. ">Water-based adhesives fixation is based on as the water evaporates or is absorbed by the substrate. These are ideal for both porous and non-porous substrates, and are used for packaging across industry verticals. The demand for water-based adhesive tapes will rise during the forecast period owing Read more...
The carton sealing adhesive tape market is estimated to grow at a CAGR of 5.93% to reach a market size of US$39.007 billion in 2023 from US$27.608 billion in 2017.The demand for ">adhesive tapes designed for the purpose of carton sealing will grow during the forecast period owing to the increasing demand for faster and effective package sealing solutions across industry verticals. Furthermore, the booming eCommerce and wholesale industries have further increased the requirement for packaging Read more...
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