DUBLIN--(BUSINESS WIRE)--Sep 11, 2018--The “Adhesive Tape Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
The adhesive tape market is projected to grow at a CAGR of 5.82% during the forecast period. The market size is expected to be US$80.759 billion by 2023 from US$57.530 billion in 2017.
Key factors contributing to the growth of this market is increasing demand and growing application across different end-user industries. Improving consumer outlook, rapid growth in the healthcare sector and growing automotive industry are additional factors contributing to the adhesive tape market growth.
Conversely, stringent environmental regulation to reduce deforestation is a limiting factor for paper-backed adhesive tapes. However, rising use of good quality recycled paper in the near future is expected to tackle the restraint arising from various government regulations. Other major limiting factors include the recessionary effect on the end-user industries and volatility in raw material prices.
Geographically, Asia pacific is expected to grow at an impressive rate owing to the rising population in this region especially in India and China, and growing industrialization in the region.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Adhesive Tape Market Forecast by Product Type
6. Adhesive Tape Market Forecast by Coating Technology
7. Adhesive Tape Market Forecast by End User Industry
8. Adhesive Tape Market Forecast by Geography
9. Competitive Intelligence
10. Company Profiles3M tesa SE Nitto Denko Corporation Avery Dennison Corporation Henkel AG Intertape Polymer Group Shurtape Technologies, LLC Scapa Group Lohmann GmbH & Co. KG LINTEC Corporation
For more information about this report visit https://www.researchandmarkets.com/research/zj98gk/the_80_76?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180911005726/en/
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Related Topics:Adhesives and Sealants
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 09/11/2018 02:22 PM/DISC: 09/11/2018 02:22 PM