The new report by Expert Market Research titled, ‘Global Speciality Tapes Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global speciality tapes market, assessing the market based on its segments like resin type, end-use, backing material, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 45.2 billion
- Forecast CAGR (2021-2026): 6%
- Forecast Market Size (2026): USD 64.2 billion
These tapes are useful for assembling electronic components in the electrical and electronics industries. The automotive, construction, electronics, and healthcare industries are all seeing significant growth, which is helping the speciality tapes industry.
Industry Definition and Major Segments
To improve the adhesive tape’s specialised capacities, speciality tapes have application-specific designs. Abrasion and chemical resistance, adhesion properties, and other characteristics not commonly found in regular adhesive tape varieties are examples of this.
The market can be classified based on backing material as:
The industry can be segmented based on resin type as:
The speciality tapes market can be categorised on the basis of end-use into:
- Electrical and Electronics
- Healthcare and Hygiene
- White Goods
- Paper and Printing
- Building and Construction
- Retail and Graphics
The regional speciality tapes markets can be divided into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The specialist tapes market is benefiting from the increased demand for speciality tapes in the electrical and electronics, hygiene, building and construction and automotive industries, as manufacturers focus largely on delivering a new product range with improved qualities. As a result, manufacturers are manufacturing tapes with a strong emphasis on heat and weather resistance, which is fueling the market for speciality tapes.
The PVC category is predicted to account for the greatest share of specialised tapes in the industry. The healthcare and hygiene sector is estimated to account for the biggest market share throughout the forecast period, as speciality tapes have wound care applications and are widely used in surgical containers, monitoring electrodes, and other medical equipment.
Key Market Players
The major players in the market are 3M Company (NYSE: MMM), Nitto Denko Corporation, Tesa SE, Lintec Corporation, Avery Dennison Corporation, Scapa Group PLC and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Company Name: Claight Corporation
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: [email protected]
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Country: United States
Read More Reports:
Alumina Trihydrate Market: https://www.digitaljournal.com/pr/global-alumina-trihydrate-market-to-be-driven-by-the-versatility-and-application-flexibility-of-alumina-trihydrate-in-the-forecast-period-of-2021-2026
Glucuronolactone Market: https://www.digitaljournal.com/pr/global-glucuronolactone-market-to-be-driven-by-the-heightened-demand-for-the-product-in-the-pharmaceutical-sector-in-the-forecast-period-of-2022-2027
Unmanned Ground Vehicles Market: https://www.digitaljournal.com/pr/global-unmanned-ground-vehicles-market-to-be-driven-by-the-reduction-in-the-number-of-human-causalities-in-the-forecast-period-of-2021-2026-2
Also, Check Procurement Intelligence which provides you with Infallible research solutions.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.