Specialty Tapes Market- Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Huntsman Corporation, Toyo Polymer Co. Ltd, Beiersdorf AG (tesa SE), BASF

Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Specialty Tapes Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.9% during the review period (2022 to 2027)

Specialty Tapes Market Overview

Specialty tapes feature a design that is tailored to a certain use and improves the adhesive tape's capabilities. This can include adhesion capabilities, abrasion and chemical resistance, or any other characteristics that aren't frequently seen in a wide range of adhesive tapes. Packaging uses carton-sealing tapes, masking tapes are utilised in paint-masking applications in the automobile and professional painting industries, and office tapes are offered to the general public.

Due to their high tensile strength and electrical & electronics, specialised tapes are in high demand in the healthcare & hygiene, automotive, white goods, and construction industries. Manufacturers are primarily concerned with delivering a new range of products with enhanced features.

The trend toward flatter and microelectronic devices continues, which increases the use of specialty tapes in the electrical and electronics industries. Similarly, during the forecast period, the specialty tapes market in the healthcare & hygiene end-use industry is expected to grow at the fastest rate. This increase is attributed to an aging population and an increase in chronic diseases. Furthermore, the demand for in-vitro diagnostics, hydrophilic films, transdermal drug delivery patches, and oral dissolvable films is driving the global healthcare market.

The rise in demand for specialty tape in various industries such as electrical & electronics, construction, automotive, healthcare, aerospace, and defense is also expected to drive the market globally. Furthermore, in the long term, polypropylene-backed specialty tapes are expected to drive the global specialty tapes market.

Who are the Major Players in Specialty Tapes Market?

The global Specialty Tapes include the identification and analysis of the various market participants competing in the global market. Prominent competitors include Huntsman Corporation, Toyo Polymer Co. Ltd, Beiersdorf AG (tesa SE), BASF, DowDuPont Inc., Henkel AG & Co. KGaA, Hitachi Chemical Company Ltd., 3M, SAINT-GOBAIN, Sika Ag, Ashland Inc., Avery Denison Group And Others.

Industry News and Updates:

North American tesa affiliate acquires Functional Coatings, Inc.

Functional Coatings, Inc., based in Newburyport, Massachusetts, is to become a wholly-owned affiliate of tesa tape inc., North America. The move will allow the tesa Group, a global market leader in numerous industries, to strengthen its market position in the building and construction industry.

What are the major Applications, Types and Regions for Specialty Tapes Market?

Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

• Woven Tapes


• Non-woven Tapes

By Application, it is segmented into

• Construction


• Electrical and Electronics


• Health Care


• Mechanical Engineering


• Shipbuilding Industry


• Automotive


• Others

Specialty Tapes Market Regional Analysis

The Asia-Pacific region currently dominates the worldwide specialty tapes industry. China and Japan are the region's largest users of specialty tapes. The market for medical tapes in the area is being driven by rising healthcare expenditure and increased penetration of modern healthcare facilities in India and ASEAN countries. Furthermore, the region has seen an increase in construction activities and electronics manufacturing.

In nations like India and Vietnam, for example, the electronics assembly market has grown by double digits in the last three years. Due to sluggish demand, car output in major manufacturing countries such as China, India, and Japan has decreased in 2019. This has slowed the market's expansion slightly.

• 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 Specialty Tapes Market report scope?

Key Takeaways from this Specialty Tapes Report

• Evaluate Specialty 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.


• 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 Specialty 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.

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Who are the key players in Specialty Tapes Market?

Huntsman Corporation, Toyo Polymer Co. Ltd, Beiersdorf AG (tesa SE), BASF, DowDuPont Inc., Henkel AG & Co. KGaA, Hitachi Chemical Company Ltd., 3M, SAINT-GOBAIN, Sika Ag, Ashland Inc., Avery Denison Group

What regions does this Specialty Tapes Market report cover?

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 Specialty Tapes Market?

Woven Tapes, Non-woven Tapes

What are the major end-use applications of the Specialty Tapes Market?

Construction, Electrical and Electronics, Health Care, Mechanical Engineering, Shipbuilding Industry, Automotive, Others

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