According to the new market research report "Specialty Tapes Market by Resin (Acrylic, Rubber, Silicone), Backing Material (Pvc, Woven/Non-Woven, Paper), End-Use Industry (Healthcare& Hygiene, Automotive, Electrical & Electronics), and Region - Global Forecast to 2026", published by MarketsandMarkets™, the Specialty Tapes Market size was USD 45.9 billion in 2020 and is projected to reach USD 67.2 billion by 2026, at a CAGR of 6.4% between 2020 and 2026.
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The driving factor for the specialty tapes market is the growing use of specialty tapes in diverse end-use industries.
Woven/Non-Woven specialty tapes is the largest segment in the specialty tapes market
Woven/Non-Woven was the largest backing material used in the specialty tapes market, in terms of volume, in 2020. This backing material is mostly used in the healthcare & hygiene industries. An aging population, rising incidences of chronic diseases, increasing awareness toward personal & hygiene in the region have increased the demand for these specialty tapes at every stage of the value chain. The wide acceptance of woven/non-woven tapes in industries such as healthcare & hygiene, automotive & transportation, and electrical & electronics is mainly driving the market. Furthermore, the ongoing product development in these high growth markets to manufacture micro and nano-electronic components and systems is driving the demand for non-woven specialty tapes.
Growth of the healthcare & hygiene end-use industry relies on the level of penetration of the finished products within each country and its demographics
The healthcare & hygiene segment is the fastest-growing segment in the forecasted period. Overall global production and population increase are linked. Growth and penetration of products in the healthcare sector in developing countries, along with growth in disposable income, is driving the market for healthcare specialty tapes. The aging global population is also a key driver of this segment.
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APAC is the fastest-growing specialty tapes market globally.
APAC is the fastest-growing specialty tapes market due to the growth in the end-use industries such as electricals& electronics, healthcare & hygiene, automotive, white goods, paper & printing, retail & graphics, and building & construction in China, India, Japan, South Korea, Indonesia, and Taiwan. The leading global players are shifting their production base, establishing sales offices, and enhancing distribution channels to developing regions, including APAC, which offer sustained demand to increase their profit margins. The gradual shift of manufacturing facilities to countries having high demand and lower production cost is positively influencing the market growth.
The key players profiled in the specialty tapes market report are 3M Company (US), Nitto Denko Corporation (Japan), tesa SE (Germany), Lintec Corporation (Japan), Avery Dennison Corporation (US), Scapa Group Plc (UK), Intertape Polymer Group, Inc. (US), Berry Global Inc. (US), Saint-Gobain Performance Plastics Corporation (France), and Lohmann GMBH & Co. Kg, Nichiban Co. Ltd (Germany).
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Global Specialty Tapes Market by Type, Application, Regions and by Key Players, Forecast to 2026 documents an overview of the market trends, competitive structure, market shares of the competitors, market demands, market drivers, market restraints, and product analysis, and.
The report presents a detailed analysis of global Specialty Tapes Market size on regional and country-level, recent developments, segmentation market growth, strategic market growth analysis, opportunities analysis, and product launches.
Competitive landscape provides details by vendors, including company overview, global presence, company financials, market share, market potential, sales and revenue generated, price, consumption and production sales, SWOT analysis.DOWNLOAD SAMPLE REPORT: https://reportcrux.com/request-sample-report/Global-Specialty-Tapes-MarketThe report highlights in-depth quantitative as well as qualitative insights, historical data, and market size projections till 2026.
It also gives a perspective on manufacturers, associations, specific organizations, industries, companies, and suppliers that work to expand their business worldwide.
Value chain analysis of the industry is explained in detail this providing a clear view of key mediators involved.
Key market players in the global Specialty Tapes Market consist of 3M Company Nitto Denko Corporation Tesa SE Lintec Corporation Avery Dennison Corporation Scapa Group PLC Intertape Polymer Group, Inc. Berry Global Inc. Saint-Gobain Performance Plastics Corporation Lohmann GMBH & Co. KG Nichiban Co. Ltd Request for Research Methodology: https://reportcrux.com/research-methodology/Global-Specialty-Tapes-MarketRegional Analysis:Based on region, the market report is segmented into five main regions i.e.
These tapes are water resistant as well as shock proof, while having superior insulation as compared to the normal tapes.The rising research and development activities for technologically advanced solvent-free, environmentally-friendly products is the major factor escalating the market growth, also rising application scope in the electrical and electronics and construction industries and vast market serving several industries are the major factors among others propelling the growth of industrial tapes market.
The rising adoption of industrial tape in rapidly growing automotive industry is an essential factor driving the industrial tapes market.The competitive analysis of the major market players studied in the Industrial Tapes Market report, assists businesses take better moves for improving their product and sales.
The report contains the details about market analysis, market definition, market segmentation, key development areas, competitive analysis and research methodology.
This Industrial Tapes Market market report delivers the company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2018-2025.
All statistical and numerical information given in the Industrial Tapes Market report is symbolized with the help of graphs and charts which facilitates the understanding of facts and figures.To Get This Report at 30% Discount, Click Herehttps://www.databridgemarketresearch.com/toc/?dbmr=global-industrial-tapes-marketMarket Drivers and Restraints:On the basis of product type, the industrial tapes market is segmented into filament tapes, aluminium tapes, adhesive transfer tapes, duct tapes and others.
Others have been further segmented into decorative tapes, splicing tapes, and damping tapes.Based on mode of application, the industrial tapes market is segmented into pressure sensitive application, solvent based application, hot melt based application and acrylic based application.Based on tape backing material, the industrial tapes market is segmented into polypropylene, paper, polyvinyl chloride and others.The industrial tapes market is also segmented on the basis of end-user into manufacturing industry, automotive industry, construction industry, logistics industry, electrical industry and others.
The Global Medical Tapes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Medical Tapes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/1925-medical-tapes-market-reportThe report also covers the complete competitive landscape of the global Medical Tapes market with company profiles of key players such as:3MJohnson & JohnsonSmith & NephewMedtronicNitto MedicalCardinal HealthHenkelBeiersdorfUdaipur SurgicalsMedline MedicalHartmannMolnlyckeBSNDYNAREXMcKessonDUKALWinner MedicalPiaoAn GroupHaiNuo3L MedicalNanfang MedicalQiaopai Medical3H MedicalHuazhou PSALongerShandong Cheerain MedicalThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By TypeMedical Breathable Non-woven TapeMedical Breathable PE TapeMedical Rayon TapeEasy-tear Non-woven Cloth TapeZinc Oxide Adhesive Cloth TapeWaterproof Zinc Oxide Adhesive Cloth TapeOthersBy ApplicationFixationWound DressingOthersBy GeographyNorth America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Medical Tapes Market @ https://www.decisiondatabases.com/contact/download-sample-1925The Global Medical Tapes Market has been exhibited in detail in the following chapters –Chapter 1 Medical Tapes Market PrefaceChapter 2 Executive SummaryChapter 3 Medical Tapes Industry AnalysisChapter 4 Medical Tapes Market Value Chain AnalysisChapter 5 Medical Tapes Market Analysis By TypeChapter 6 Medical Tapes Market Analysis By ApplicationChapter 7 Medical Tapes Market Analysis By GeographyChapter 8 Competitive Landscape Of Medical Tapes CompaniesChapter 9 Company Profiles Of Medical Tapes IndustryPurchase the complete Global Medical Tapes Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-1925Other Reports by DecisionDatabases.com:Global Splicing Tapes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Specialty Tapes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global PVC Insulation Tapes Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
