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Global Specialty Tape Market a substantial CAGR of 5.60% Till 2026

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Global Specialty Tape Market a substantial CAGR of 5.60% Till 2026

Global Specialty Tape Market By Resin Type (Acrylic, Rubber, Silicone, Others), Backing Material (PVC, Woven/Non-Woven, Metal, Paper, PET, Foam, PP, PA, Glass Cloth, Others), End-Use Industry (Electrical & Electronics, Healthcare & Hygiene, Automotive, Aerospace & Defense, White Goods, Paper & Printing, Building & Construction, Retail & Graphics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Specialty Tape Market

Global specialty tape market is expected to register a substantial CAGR of 5.60% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the wide-spread adoption of specialty tapes from various applicable industries as well as greater focus on industrial research and development in the product offerings.

Market Definition: Global Specialty Tape Market

Specialty tapes are specially designed adhesive solutions that are for a specific application. These tapes are produced with highly effective adhesive solution and backing material designed for each individual application. The specific nature of the products’ applications results in higher prices as compared to traditional tapes.

Get More Insight About The Global Specialty Tape Market, Request Sample @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-specialty-tape-market

 

Market Drivers:

  • Increasing levels of urbanization and population shifting to urban areas is expected to boost the growth of the market
  • Growing expansion of infrastructure and resource expansion of various manufacturers to improve the entire productivity cycle is also expected to boost the growth of the market
  • These tapes exhibit a variety of resistant characteristics and improvements over traditional adhesion system; this factor is expected to drive the growth of the market

Market Restraints:

  • Concerns regarding the vulnerable nature of raw materials required for the manufacturing of these tapes is also expected to restrict the growth of the market
  • Stringent regulatory presence regarding the VOC emissions during the production of these tapes is expected to restrict the growth of the market

Segmentation: Global Specialty Tape Market

By Resin Type

  • Acrylic
  • Rubber
  • Silicone
  • Others

By Backing Material

  • Polyvinyl Chloride (PVC)
  • Woven/Non-Woven
  • Metal
  • Paper
  • Polyethylene Terephthalate (PET)
  • Foam
    • Acrylic Foam
  • Polypropylene (PP)
  • Polyamide (PA)
  • Glass Cloth
  • Others

By End-Use Industry

  • Electrical & Electronics
  • Healthcare & Hygiene
  • Automotive
  • Aerospace & Defense
  • White Goods
  • Paper & Printing
  • Building & Construction
  • Retail & Graphics
  • Others

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • United Kingdom
    • Italy
    • France
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Thailand
    • Malaysia
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • Middle East and Africa
    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East and Africa

Know More About This Report @ https://www.databridgemarketresearch.com/reports/global-specialty-tape-market

 

Key Developments in the Market:

  • In July 2019, OpenGate Capital announced that they had acquired Duraco Specialty Tapes from Essentra plc. This acquisition will help in expanding the portfolio of investments undertaken by OpenGate Capital and provides a unique platform for establishing a market leader in the specialty tapes market. Duraco’s market presence and established leadership in providing their consumers with application specific adhesive solutions
  • In May 2018, DuPont’s “Safety & Construction” operations introduced the “DuPont FlexWrap EZ” to its DuPont Flashing Systems. The product is a flashing tape designed for sealing exterior penetration of different sizing and shapes, helping improve the overall efficiency of wall-based systems

Competitive Analysis:

Global specialty tape market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of specialty tape market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global specialty tape market are 3M; NITTO DENKO CORPORATION; tesa SE; LINTEC Corporation; Avery Dennison Corporation; Scapa Group Plc; Berry Global Inc.; Intertape Polymer Group; Saint-Gobain Performance Plastics; Lohmann GmbH & Co.KG; NICHIBAN Co., Ltd.; DermaMed Coatings Company , LLC; CCT Tapes; Adhesives Research, Inc.; Advance Tapes International; Shurtape Technologies, LLC; American Biltrite Inc.; Yem Chio Co.,Ltd.; ATP adhesive systems AG; Henkel Corporation; DuPont de Nemours, Inc.; ECHOtape and SEKISUI CHEMICAL CO., LTD. among others.

Research Methodology: Global Specialty Tape Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Request for Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-specialty-tape-market

 Key Insights in the report:

  • Complete market analysis and forecasting
  • Market definition, understanding the concept of specialty tape
  • Market drivers and restraints of the industry
  • Market segmentations and market share divided amongst them
  • Key players in the market and their analysis

 

 

About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

 

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818

Email: [email protected]

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