Double Sided Tape Market
The global double sided tape market is growing at a significant rate. Due to its
increasing application
in various
industries such as automotive, building and
construction, electrical and electronics, and others, the global double sided tape
market is growing at a rapid rate.
On the basis of resin type, the silicon form group is expected to rise at the fastest pace
in the industry.
On the basis of technology, due to various advantages it provides over other styles,
the hot melt segment is projected to hold the largest share of the overall market.
On the basis of backing material, during the forecast era, the paper segment is
expected to expand the most.
On the basis of end-user, the paper and print industry is the largest consumer of
double sided tape in the market, and it is expected to expand at the fastest rate during
the forecast era.
The global double sided tape market is being driven by an increase in the use and
demand of these tapes in various applications, as well as an increase in the demand for
acrylic and polyethylene type backed double sided tape.
The high price of double sided tape compared to standard tape, as well as the fact that
paper/tissue backed tapes are vulnerable to moisture, are the two major challenges
that are limiting the market's growth.
In the industry, there is a wide range of double sided tape for a variety of applications.
Rising demand for this tape for various applications from emerging countries such as
China, South Korea, Vietnam, and India is expected to drive market growth, thanks to
these countries' rapid industrialization, which is attracting foreign investors to invest
in the region, fueling market growth.
Nitto Denko Corporation, TESA SE, Avery Dennison Corporation, Lintec
Corporation, Intertape Polymer Group, Inc., Shurtape Technologies, LLC. 3M
Business, Nitto Denko Corporation, TESA SE, Avery Dennison Corporation, Lintec
Corporation, Intertape Polymer Group, Inc., Shurtape Technologies, LLC.
Source: V