Enjoy complimentary customisation on priority with our Enterprise License!
To identify growth opportunities in the specialty tapes market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2018-2023. APAC, MEA, and South America will grow faster than the overall market. The growth of Europe and North America will be slower than the global market.
Below are some of the key findings from this specialty tapes market analysis report
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Automotive, consumer durables, and healthcare products are some of the major end-users of specialty tapes. Companies in the chemical industry prefer specialty tapes for packaging and other applications. These tapes are also used in storage and transportation applications in the pharmaceutical sector because of their durability, resistance against contamination, and hygiene. Moreover, the demand for specialty tapes is also high from the food and beverages sector for packaging food containers. The automotive and consumer electronics sectors are also major end-users of specialty tapes. With the growing demand for mobile devices and rising penetration of the Internet, the consumer electronics industry will grow at a steady pace in the coming years. Moreover, the automotive and pharmaceutical industries will also witness steady growth in the coming years. The growth of the end-user industries will subsequently increase the demand for specialty tapes, driving market growth.
Additionally, the increasing use of silicon adhesives in specialty tapes will also drive the growth of the specialty tapes market, which will register a CAGR of over 5% during the forecast period. Silicon is widely used in various specialty tape applications, including graphic arts, medical, electronics, and automotive as it is chemically passive, non-flammable, non-toxic, and is optically clear. The adoption of silicon-based adhesive is increasing because silicon consumes less energy and offers effective mechanical interlocking with substrates. Because of its rheological properties, silicon protects the adhesive and limits the interaction between the film and the adhesive. Silicon-based specialty tapes offer excellent spreading performance and effective mechanical interlocking with the substrates. As a result of these benefits, the use of silicon adhesives in specialty tapes will increase further, which will be one of the key trends driving specialty tapes market growth.
The specialty tapes market is moderately fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this specialty tapes market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.
The report offers a detailed analysis of several specialty tapes companies, including:
APAC will account for the largest specialty tapes market share throughout the forecast period. The rapid growth of end-user industries such as automotive, consumer durables, and health and personal care is one of the major factors for the high growth of the specialty tapes market in this region.
Specialty tapes are used in the consumer durables industry for multiple product groups including consumer electronics, fixtures, furniture, and household appliances. With the growing demand and production of consumer durables, the need for specialty tapes will increase from this end-user segment. The consumer durables industry will account for the largest specialty tapes market share during 2019-2023.
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.