Adhesive Tapes Market Size| COVID-19 Analysis Outlook and Future Scope by 2025
Adhesive Tapes Market Synopsis
Increasing applications across industries is anticipated to be the major driver of the Adhesive Tapes Market Size over the next few years. In addition, the launch of highly efficient specialty tapes designed for specific industrial purposes is further projected to accelerate market growth in the years to come. The advantages offered such as durability, resistance, and flexibility are expected to dictate the expansion of the market in the forthcoming years.
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Competitive Dashboard
3M Company, Tesa SE, Avery Dennison Corporation, Nitto Denko Corporation, Henkel AG & Company KGaA, Lintec Corporation, Intertape Polymer Group, Shurtape Technologies LLC, Lintec Corporation, Lohmann GmbH & Co.KG., and Scapa Group Plc. are few of the eminent players of the Adhesive Tapes Market Size. These players are anticipated to invest in new technologies that are more effective and efficient.
Market Segmentation
O the basis of material, the global Adhesive Tapes Market Size has been segmented into paper, polypropylene, and polyvinyl chloride.
Based on the technology, the Adhesive Tapes Market Size has been segmented into solvent, hot melt, and others.
By application, the global Adhesive Tapes Market Size has been segmented into consumer, food & beverages, construction, healthcare, automotive, and others.
Regional Analysis
The global COVID-19 Analysis is profiled in detail on the basis of regions. The four key regions identified in the analysis are - North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). These regions are further narrowed down to the level of prime country-level markets. North America is expected to retain the pole position over the next couple of years. The growth of the industrial sector in the region is expected to drive growth of the regional market in the coming years. However, the residential applications of these tapes are also projected to cater to a considerable fraction of the total demand. It is anticipated to lead the expansion of the Adhesive Tapes Market Size in the foreseeable future. Asia Pacific is observed to be witnessing rapid developments. It can be accredited to the rising developments in the industrial sector. Increasing urban population in the region is poised to drive the demand for residential applications, thus, supporting market growth.
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