(EMAILWIRE.COM, June 21, 2019 ) The report "Adhesive Tapes Market by Resin Type (Acrylic, Rubber, Silicone), Technology (Solvent-based, Water-based, Hot-Melt), Substrate (PP, Paper, PVC), Application (Packaging, Healthcare, Electrical & Electronics, Automotive), Region – Global Forecast to 2027" The adhesive tapes market is projected to grow from USD 54.5 billion in 2018 to USD 94.1 billion by 2027.

Request for PDF of Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=251563138

Based on resin type, the silicone segment is expected to grow at the highest CAGR during the forecast period.

Silicone-based adhesive tapes are non-conductive in nature. Key properties of silicone-based adhesive tapes include low chemical reactivity, low toxicity, and high gas permeability, which make these tapes suitable for medical applications. Over the past few years, the demand for silicone-based adhesive tapes has been increasing in various end-use industries.

Based on technology, the hot-melt segment of the adhesive tapes market is expected to grow at the highest CAGR during the forecast period.

The hot-melt technology segment is projected to witness the highest growth during the forecast period. Hot melt adhesive tapes are the fastest-growing class of adhesive tapes in healthcare application. These adhesive tapes have an extreme rate of bond formation, which can translate into high production rates. In the US, hot-melt technology is widely used in tape production by key players, such as 3M Company (US) and Intertape Polymer Group, Inc. (Canada).

Based on backing substrate, the paper segment of the adhesive tapes market is expected to grow at the highest CAGR during the forecast period.

The paper segment is projected to grow at the highest CAGR from 2018 to 2027. Smooth or crepe paper with different elongation degrees and tensile strengths are used as a backing material for adhesive tapes. Paper adhesive tapes are used in healthcare, automotive, electrical & electronics, and building & construction industries.

Don't miss out on business opportunities in Adhesive Tapes Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=251563138

Browse in-depth TOC on "Adhesive Tapes Market
162 - Market Data Tables
52 - Figures
169 - Pages

The adhesive tapes market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period.

The adhesive tapes market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period, due to the rising demand for adhesive tapes from emerging economies, such as India, China, South Korea, Vietnam, Taiwan, and Singapore. China is leading the market for adhesive tapes in the Asia Pacific region. The growth of various end-use industries, such as packaging, healthcare, electrical & electronics, building & construction, and automotive is projected to drive the demand for adhesive tapes in China.

3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US), Shurtape Technologies, LLC (US), Scapa Group Plc (UK) are some of the key players operating in the adhesive tapes market.

Get this report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=251563138

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact Information:
MarketsandMarkets™
Mr. Shelly Singh
Tel: 1-888-600-6441
Email us


----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results