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Splicing Tapes Market 2019-2023 | Evolving Opportunities With 3M Co. and Avery Dennison Corp. | Technavio

September 13, 2019
Splicing Tapes Market 2019-2023 | Evolving Opportunities With 3M Co. and Avery Dennison Corp. | Technavio
Splicing Tapes Market 2019-2023 | Evolving Opportunities With 3M Co. and Avery Dennison Corp. | Technavio

LONDON--(BUSINESS WIRE)--Sep 13, 2019--

Technavio has been monitoring the global splicing tapes market and the market is poised to grow by USD 83.77 million during 2019-2023, progressing at a CAGR of over 3% during the forecast period.

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Technavio has announced its latest market research report titled global splicing tapes market 2019-2023. (Graphic: Business Wire)

Read the 124-page research report with TOC on “Splicing Tapes Market Analysis Report by material (acrylic, rubber, silicone, and others) and geography (APAC, Europe, MEA, North America, and South America), and Segment Forecasts, 2019 - 2023”.

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The market is driven by the growth in the end-user industries. In addition, increasing demand from developing regions is anticipated to further boost the growth of the splicing tapes market.

The major application segments of splicing tapes are the paper and printing, packaging, electric and electronics, and labeling industries. Paper and paperboard packaging are popular in the food and beverage, personal care, and manufacturing industries. In addition, the demand for splicing tapes is growing from the electrical and electronic manufacturing industry. Moreover, they are also widely used in power cable repair, bolted connections, pipe repair, and cellular towers. Therefore, the growth in consumer electronic products is expected to boost the demand for splicing tapes. Owing to aforementioned factors, the growing end-user industries are expected to drive the growth of the global splicing tapes market during the forecast period.

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Major Five Splicing Tapes Market Companies:

3M Co.

3M Co. owns and operates businesses under various segments such as industrial business, safety and graphics business, health care business, electronics and energy business and consumer business. The company manufactures rubber splicing tapes for the electrical and electronics industry.

Avery Dennison Corp.

Avery Dennison Corp. owns and operates businesses under various segments such as label and graphic materials, retail branding and information solutions; and industrial and healthcare materials. The company manufactures splicing tapes for various applications, such as paper and printing and electrical.

Intertape Polymer Group Inc.

Intertape Polymer Group Inc. has business operations under various segments, namely tape, film, engineered coated products, protective packaging, and others. The company manufactures splicing tapes for various applications, such as paper and printing and electrical.

Nitto Denko Corp.

Nitto Denko Corp. has business operations under various segments, namely industrial tape, optronics, life science, and others. The company manufactures splicing tapes for various applications, such as paper and printing and electrical.

tesa SE

tesa SE has business operations under various segments, namely direct industries and trade markets. The company manufactures splicing tapes for fabrics, films, and paper industries.

Technavio has segmented the splicing tapes market based on the material and region.

Splicing Tapes Material Outlook (Revenue, USD Million, 2019 - 2023)

Splicing Tapes Regional Outlook (Revenue, USD Million, 2019 - 2023)

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190913005282/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

media@technavio.com

KEYWORD:

INDUSTRY KEYWORD: PACKAGING CHEMICALS/PLASTICS MANUFACTURING

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 09/13/2019 09:31 AM/DISC: 09/13/2019 09:31 AM

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