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VALLEY COTTAGE, N.Y. (GLOBE NEWSWIRE) -- A new market research report by Future Market Insights on the self-adhesive tear tapes market includes global industry analysis 2014–2018 and opportunity assessment 2019–2029.
“Polypropylene is expected to be the most preferred choice of material for the manufacturing of self-adhesive tear tapes, as their properties align with the current requirements of the packaging sector.
Further, the acrylic adhesive technology in PP tapes is likely to replace traditional techniques including spray adhesives and more.”Tier-1 Players to Hold Prominent Market Share in the Global MarketEurope region is anticipated to witness a significant chunk of the total market share owing to the presence of well-established market players operating in the such as Essentra Plc, Tann Germany GmbH, and tesa SE, among others.
However, the presence of many local and unorganized market players in the Asian countries such as China and ASEAN countries are emerging and are expected to contribute significantly in the global self-adhesive tear tapes market.Food Industry to Fillip the Demand for Self-adhesive Tear TapesThe global market for self-adhesive tear tapes has been segmented based on the width of self-adhesive tear tapes, material, various end-use industries, and regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.By width, the self-adhesive tear tapes market has been segmented into: Up to 2.5 mm, 2.6 mm to 5.0 mm, and above 5.0 mm.
2.6 mm to 5.0 mm is estimated to hold prominent market value share in the global self-adhesive tear tapes market due to standardized application in the tobacco packaging industry.On the basis of material, polypropylene is the preferred material in manufacturing self-adhesive tear tapes, with MOPP sub-segment expected to account for ~ 2/5 of the total market share by polypropylene segment during the forecast period.Based on end use, the global self-adhesive tear tapes market has been segmented as: food, tobacco, pharmaceutical, personal care & cosmetics, electrical & electronics, and other industries including agriculture.
Fuller Company, 3M Company, tesa SE, Wavelock Advanced Technology Co., Ltd, Marotech Inc., Tann Germany GmbH, Essentra Plc., NADCO Tapes & Labels, Inc., Uyumplast Ambalaj San.tic.ltd.Şti, NOWOFOL Kunststoffprodukte GmbH & Co. KG, AEC Group, and Western Paper Industries (Pvt) Ltd.
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