The Global Electrical and Electronic adhesive tape market was valued at 3.171 billion in 2018 and is estimated to grow at a CAGR of 6.74% to reach a market size of 4.691 billion by 2024. Adhesive tapes for electronic and electrical equipment are specifically designed by taking their conductivity and heat resistance in mind. These tapes allow manufacturers to replace screws and bolts to reduce the size of the devices, which is resulting in their rising adoption in the manufacturing of smartpho 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$9.496 billion in 2018. Healthcare adhesive tapes are primarily designed for wound closure and for fixture of medical devices and wearable sensors on the body. The demand for healthcare adhesive tapes is majorly driven by the rising number of injuries and accidents globally. Rising prevalence of wearable sensor technologies and growing number of medical tests requiring attachmen Read more...
The Automotive adhesive tape market was valued at US$ 8.140 billion in 2018 and is estimated to grow at a CAGR of 6.50% during the forecast period 2018-2024. Automotive adhesive tapes are increasingly deployed under the bonnet, on the body, and the interior and exterior trims of the car. The demand for these tapes is largely driven by the need to reduce the vehicle weight to the minimum since it offers clear advantage over the traditional mechanical fixing. Growing automotive production across t 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 projected to grow at a CAGR of 5.53% during the forecast period. The market size is expected to be US$62.629 billion by 2023 from US$45.345 billion in 2017.Commodity adhesive tapes are tapes used for varied purposes such as packaging, masking, consumer and office space uses, among others. The demand for commodity adhesive tapes will rise with a growth in the packaging and retail industries. Moreover, the booming eCommerce industry will further boost the dema Read more...
The specialty adhesive tape market is projected to grow at a CAGR of 6.85% during the forecast period. The market size is expected to be US$18.130 billion by 2023 from US$12.185 billion in 2017. 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 vertic 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$17.391 billion in 2017. ">Water-based adhesives fixation is based on as the water evaporates or is absorbed by the substrate. These are ideal for both porous and non-porous substrates, and are used for packaging across industry verticals. The demand for water-based adhesive tapes will rise during the forecast period owing Read more...
The PVC Adhesive tape market is projected to grow at a CAGR of X.XX% during the forecast period. The market size is expected to be US$XX.XX billion by 2023 from XX.XX billion in 2017. Polyvinyl Chloride (PVC) adhesive tapes are designed for electronic and electrical applications. These tapes offer electrical isolation and offer long lasting adhesiveness to avoid slippage and uncovering of electrical joints. The demand for these tapes will increase during the forecast period owing to the growth i Read more...
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