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 verticals. Furthermore, global expansion in the electrical, construction and healthcare industries will result in a further boost in the demand for these tapes. The North American and European regions will have a substantial share in the market owing to high investment in the fields of automotive, healthcare and construction industry. The Asia Pacific market will see substantial growth during the next five years owing to budding electronics, healthcare and construction industries in budding economies.
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 specialty adhesive tape value chain. 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 market.
Some of the major players discussed in this report are 3M, tesa SE, NITTO DENKO CORPORATION, Avery Dennison Corporation, Henkel AG, among others.
Specialty adhesive tape market has been segmented on the basis of type, coating technology, end-user industry and geography as follows:
Electronics and Electrical
By Coating Technology
By End User Industry
Travel and Transportation/Logistics
Middle East and Africa
Key insights offered
What will be the Specialty adhesive tape market size from 2017 to 2023?
How are the major drivers and restraints affecting the Specialty adhesive tape market growth and the opportunities which exist for key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants’ behaviourKey strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.