The Pressure Sensitive Adhesive Tapes Global Market Report 2023, provides comprehensive information on the pressure sensitive adhesive tapes market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Pressure Sensitive Adhesive Tapes Market’s Growth:
As per The Business Research Company’s Pressure Sensitive Adhesive Tapes Global Market Report 2023, the global pressure sensitive adhesive tapes market size is expected to grow from $61.47 billion in 2022 to $66.02 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global pressure sensitive adhesive tapes market size is expected to reach $85.39 billion in 2027 at a CAGR of 6.6%.
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Product innovation is the key trend gaining popularity in the pressure sensitive adhesive tapes market. Major players operating in the pressure sensitive adhesives market are focusing on developing innovative products to sustain their market position. For instance, in November 2022, Avery Dennison, a US-based manufacturer of pressure-sensitive adhesive materials, launched a new portfolio of pressure-sensitive tapes for the interior building and construction segment. The Avery Dennison Interior Surfaces portfolio includes nine pressure-sensitive tape designs with various adhesive technologies for adhering products to commercial and residential interior surfaces. The Interior Surfaces portfolio uses bonding elements that offer simplicity of use, application flexibility, durability, and consumer safety to confront major challenges faced by manufacturers, architects, designers, suppliers, and DIY customers of interior products in the building and construction industry.
The pressure sensitive adhesive tapes market is segmented:
1) By Type: Single-Coated Tapes Or Single-Sided Tapes, Double-Coated Tapes, Transfer Tapes Or Unsupported Tapes, Self-Wound Tape
2) By Resin Type: Acrylic, Rubber, Silicone, Other Resin Types
3) By End-Use Industry: Packaging, Electrical And Electronics, Medical And Hygiene, Construction, Transportation, Consumer And Office, Other End-Use Industries
Asia-Pacific was the largest region in the pressure sensitive adhesive tapes market in 2022.
The table of contents in TBRC’s pressure sensitive adhesive tapes market report includes:
1. Executive Summary
2. Pressure Sensitive Adhesive Tapes Market Characteristics
3. Pressure Sensitive Adhesive Tapes Market Trends And Strategies
4. Pressure Sensitive Adhesive Tapes Market – Macro Economic Scenario
5. Pressure Sensitive Adhesive Tapes Market Size And Growth
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26. Africa Pressure Sensitive Adhesive Tapes Market
27. Pressure Sensitive Adhesive Tapes Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pressure Sensitive Adhesive Tapes Market
29. Pressure Sensitive Adhesive Tapes Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
- 3M Company
- Avery Dennison Corporation
- Lintec Corporation
- Lohmann GmbH & Co. Kg
- Nichiban Co. Ltd
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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