Packaging / Industrial Tapes Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Dow (US), 3M (US), Henkel AG (Germany), Eastman Chemical Company Or Its Subsidiaries. (US)
Industrial Tapes Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Dow (US), 3M (US), Henkel AG (Germany), Eastman Chemical Company or its subsidiaries. (US)
Acknowledging the kind of traction gained by this market, Industry data Analytics recently published a study report asserts the global Industrial Tapes Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.2% during the review period (2022 to 2027).
Industrial Tapes Market Overview
Industrial tapes are employed for binding purposes in various industrial operations. Industrial tapes contribute a high level of adhesive strength related to normal tapes which are used in everyday life. Heavy materials and spare parts require a high level of adhesive bonding. Industrial tapes are used for assigning multiple components such as foams, cushions, and lighting fixtures. Bonding developments such as glass bonding, concrete bonding, and floor bonding are carried out under industrial tapes.
Growing demand from the construction and packaging industry is the main driving aspect of the market of industrial tape. The increase of the automobile industry is another feature fueling the need for industrial tapes. It is enormously utilized in vehicle assembly performance like airbag cover and trim panel attachment. Even though, fluctuations in unprocessed material prices might hinder the industrial tape market growth size.
The market development of the industrial tape market trend of the automobile sectors is driving the market of industrial tapes. Automobile manufacturing needs such tapes for attachment throughout various operations. Additionally, industrial tapes have observed extension in their application markets like aerospace and construction. Governmental rules and regulations are also viewed as very strict to safeguard the environment.
Cost and the accessibility of unprocessed materials are the main factors that demand to be important by industrial tape manufacturers to view the price structure of their materials. Acrylic, paper, rubber, silicone, polyvinyl chloride, adhesives, and release liners are the unprocessed materials used in the production of industrial tapes. The majority of these unprocessed products are petroleum-based imitative which are endangered by fluctuations in retail prices.
Recent Development:
H.B. Fuller to Introduce Innovative Adhesives at PRINTPACK INDIA® 2022
03/29/2022: H.B. Fuller Company (NYSE: FUL), one of the world’s leading adhesives suppliers, will showcase several innovations that address growing trends in sustainable consumer goods and e-commerce packaging at PRINTPACK INDIA® 2022.
Who are the Major Players in Industrial Tapes Market?
The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Dow (US), 3M (US), Henkel AG (Germany), Eastman Chemical Company or its subsidiaries. (US), AVERY DENNISON CORPORATION (US), Ashland (US), H.B. Fuller Company. (US), Von Roll Holding AG (Germany), tesa Tapes (India) Private Limited (India), Intertape Polymer Group (Canada), Muparo AG (Switzerland), PPM Industries, Inc. (UK), Adhesive Applications (US), Berry Global Inc. (US), Merck KGaA (Germany), Microseal Industries Inc. (US), Essentra Specialty Tapes (US), FLEXcon Company Inc. (US), Lamart Corp (US), Shurtape Technologies, LLC (US), PARKER HANNIFIN CORP (US), Necal Corporation (US) and others.
What are the major Applications, Types and Regions for Industrial Tapes Market?
Industrial Tapes Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
Filament Tapes
Aluminum Tapes
Duct Tapes
Adhesive Transfer Tapes
Others
By Backing Material, it is segmented into
Polypropylene
Paper
Polyvinyl Chloride
Others
By Application it is segmented into
Manufacturing Industry
Automotive Industry
Construction Industry
Logistics Industry
Electrical Industry
Others
Industrial Tapes Market Regional Analysis
Asia-Pacific governs the market due to the rise in the development in the huge automobile and electronics industry. Additionally, the growing industrialization will further increase the growth of the industrial tapes market in the region during the forecast period.
North America is anticipated to observe significant amount of growth in the industrial tapes market during the forecast period of 2022 to 2027 due to the rise in the adoption of advanced material technology.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our Industrial Tapes Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 4.2% during the review period (2022 to 2027).
By Type
By Product Type, it is segmented into
Filament Tapes
Aluminum Tapes
Duct Tapes
Adhesive Transfer Tapes
Others
By Application
Manufacturing Industry
Automotive Industry
Construction Industry
Logistics Industry
Electrical Industry
Others
By Companies
Dow (US), 3M (US), Henkel AG (Germany), Eastman Chemical Company or its subsidiaries. (US), AVERY DENNISON CORPORATION (US), Ashland (US), H.B. Fuller Company. (US), Von Roll Holding AG (Germany), tesa Tapes (India) Private Limited (India), Intertape Polymer Group (Canada), Muparo AG (Switzerland), PPM Industries, Inc. (UK), Adhesive Applications (US), Berry Global Inc. (US), Merck KGaA (Germany), Microseal Industries Inc. (US), Essentra Specialty Tapes (US), FLEXcon Company Inc. (US), Lamart Corp (US), Shurtape Technologies, LLC (US), PARKER HANNIFIN CORP (US), Necal Corporation (US)
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
92
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Industrial Tapes Report
Evaluate Industrial Tapes market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Industrial Tapes market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
It further investigates the specifics that are positively impacting the profit graph of this business sphere.
The study also elaborates the critical factors which will augment the commercial terrain of the Industrial Tapes market.
Frequently Asked Questions
What is the study period of this market?
The Industrial Tapes Market is studied from 2017 - 2027.
What is the growth rate of Industrial Tapes Market?
The Industrial Tapes Market is growing at a CAGR of 4.2% over the next 5 years.
Who are the leading key players in Industrial Tapes Market?
Dow (US), 3M (US), Henkel AG (Germany), Eastman Chemical Company or its subsidiaries. (US), AVERY DENNISON CORPORATION (US), Ashland (US), H.B. Fuller Company. (US), Von Roll Holding AG (Germany), tesa Tapes (India) Private Limited (India), Intertape Polymer Group (Canada), Muparo AG (Switzerland), PPM Industries, Inc. (UK), Adhesive Applications (US), Berry Global Inc. (US), Merck KGaA (Germany), Microseal Industries Inc. (US), Essentra Specialty Tapes (US), FLEXcon Company Inc. (US), Lamart Corp (US), Shurtape Technologies, LLC (US), PARKER HANNIFIN CORP (US), Necal Corporation (US)
What regions regions does this Industrial Tapes Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Industrial Tapes Market?
Filament Tapes, Aluminum Tapes, Duct Tapes, Adhesive Transfer Tapes, Others
What are the significant Applications of Industrial Tapes Market?
EASTMAN CHEMICAL COMPANY OR ITS SUBSIDIARIES. (US)
AVERY DENNISON CORPORATION (US)
ASHLAND (US)
H.B. FULLER COMPANY. (US)
VON ROLL HOLDING AG (GERMANY)
TESA TAPES (INDIA) PRIVATE LIMITED (INDIA)
INTERTAPE POLYMER GROUP (CANADA)
MUPARO AG (SWITZERLAND)
PPM INDUSTRIES, INC. (UK)
ADHESIVE APPLICATIONS (US)
BERRY GLOBAL INC. (US)
MERCK KGAA (GERMANY)
MICROSEAL INDUSTRIES INC. (US)
ESSENTRA SPECIALTY TAPES (US)
FLEXCON COMPANY INC. (US)
LAMART CORP (US)
SHURTAPE TECHNOLOGIES, LLC (US)
PARKER HANNIFIN CORP (US)
NECAL CORPORATION (US)
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
