Specialty Tapes Market
Specialty Tapes Market Size, Share & Trends Analysis Report by Resin (Acrylic, Rubber, and Silicone), by Backing Material (Polyvinyl Chloride (PVC), Woven/Non-Woven, and Paper ), by End-User (Automotive and Transportation, Construction, Medical Devices, Electrical and Electronics, Packaging, and Others) Forecast Period (2022-2028)
Specialty tapes market is anticipated to grow at a CAGR of 6.1% during the forecast period. The growing awareness for the environment coupled with using eco friendly products encourages the key players to launch eco friendly products. Key players are launching eco friendly products in the market to satisfy the consumers demand. For instance, in August 2021, Ajit Industries Pvt. Ltd. launched eco-friendly green tapes in India. The tapes are made from recyclable and biodegradable materials, which includes self adhesive kraft paper tape, water activated kraft paper tape K90, eco friendly honeycomb packaging paper and recyclable bopp tape.
Additionally, in April 2022, Essentra plc, manufacturers and distributors of tapes for packaging that open, close, inform and protect has launched a new tear eco friendly tape, containing 70% post-consumer recycled PET. It is designed to close the loop on sustainable flexible packaging while still offering a high-end frustration-free opening experience for consumers. It is manufactured from a 23-micron single-ply PET film for improved cross-tearing protection.
Segmental Outlook
The global specialty tapes market is segmented based on the resin, backing material, and end-users. Based on the resin, the market is sub-segmented into acrylic, rubber, and silicon. Based on the backing material, the market is sub-segmented into polyvinyl chloride (PVC), woven/non-woven, and paper. Based on the end-user, the market is further sub-segmented into automotive and transportation, construction, medical devices, electrical and electronics, packaging, and others. Among these, the acrylic segment is expected to hold a considerable share in the market due to the changing customers' requirements and behaviour which are pushing key companies to launch acrylic-based tapes, which will improve customer satisfaction and experience.
Among the resin, the acrylic sub-segment is expected to hold a considerable market share due to its various beneficial properties. Acrylic tapes can be solid, water-based, or solvent-based and they can create stronger bond than rubber adhesives. Adding on acrylic tapes can withstand heightened temperatures. This factors attract consumers to use acrylic tapes. Key players are launching acrylic products to fulfil the demand. For instance, in February 2021, Ohio-based adhesives company, Mactac Industrial Tapes launched MacBond HSA440, solvent-free acrylic product. The product is a part of its newest 100-percent-solids performance line. The product is environmentally and economically friendly and also available as a double-coated tape or transfer adhesive, in various coat weights.
Regional Outlooks
The global specialty tapes market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. The Asia-Pacific region is expected to hold a considerable share in the specialty tapes market during the forecast period, owing to the increasing automotive industry in the region.
Global Specialty Tapes Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold a Significant Share in the Global Specialty Tapes Market
Among all regions, the Asia-Pacific region is expected to hold a significant market share during the forecast period. China consumes major amount of specialty tapes in the Asia-Pacific region. The factors driving the market include the rising establishment of production base by several manufacturers in the region. Additionally, several key players are expanding their business by acquiring another company, which drive the over all market in the region. For instance, in June 2017, Avery Dennison Corp. acquired Yongle Tape Company Ltd., a manufacturer of specialty tapes and related products. The company is a key supplier to both Chinese and global automakers.
Market Players Outlook
The major companies serving the global specialty tapes market include 3M India Ltd., Avery Dennison Corp., Berry Global Inc., ECHOtape, Intertape Polymer Group Inc., LINTEC Corp., Lohmann GmbH & Co.KG, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2021, Duraco Specialty Tapes acquired Rayven, Inc., a developer and manufacturer of coated functional films, specialty tapes, and others. This acquisition aims to enlarge the Duraco’s product development capabilities, expands company market and business.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global specialty tapes market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Specialty Tapes Market by Resin
4.1.1. Acrylic
4.1.2. Rubber
4.1.3. Silicone
4.2. Global Specialty Tapes Market by Backing Material
4.2.1. Polyvinyl Chloride (PVC)
4.2.2. Woven/Non-Woven
4.2.3. Paper
4.3. Global Specialty Tapes Market by End-User
4.3.1. Automotive & Transportation
4.3.2. Construction
4.3.3. Medical Devices
4.3.4. Electrical & Electronics
4.3.5. Packaging
4.3.6. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. 3M India Ltd.
6.2. Avery Dennison Corp.
6.3. Berry Global Inc.
6.4. ECHOtape
6.5. Intertape Polymer Group Inc.
6.6. LINTEC Corp.
6.7. Lohmann GmbH & Co. KG
6.8. NICHIBAN Co., Ltd.
6.9. Nitto Denko Corp.
6.10. Saint-Gobain Performance Plastics Inc.
6.11. Scapa Group Ltd.
6.12. tesa Tapes (India) Pvt. Ltd.
1. GLOBAL SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY RESIN, 2021-2028 ($ MILLION)
2. GLOBAL SPECIALTY TAPES OF ACRYLIC MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL SPECIALTY TAPES OF RUBBER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL SPECIALTY TAPES OF SILICONE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY BACKING MATERIAL, 2021-2028 ($ MILLION)
6. GLOBAL POLYVINYL CHLORIDE (PVC) SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL WOVEN/NON-WOVEN SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL PAPER SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
10. GLOBAL SPECIALTY TAPES FOR AUTOMOTIVE & TRANSPORTATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL SPECIALTY TAPES FOR CONSTRUCTION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
12. GLOBAL SPECIALTY TAPES FOR MEDICAL DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL SPECIALTY TAPES FOR ELECTRICAL & ELECTRONICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
14. GLOBAL SPECIALTY TAPES FOR PACKAGING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL SPECIALTY TAPES FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
16. GLOBAL SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. NORTH AMERICAN SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY RESIN, 2021-2028 ($ MILLION)
19. NORTH AMERICAN SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY BACKING MATERIAL, 2021-2028 ($ MILLION)
20. NORTH AMERICAN SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
21. EUROPEAN SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. EUROPEAN SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY RESIN, 2021-2028 ($ MILLION)
23. EUROPEAN SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY BACKING MATERIAL, 2021-2028 ($ MILLION)
24. EUROPEAN SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY RESIN, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY BACKING MATERIAL, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
29. REST OF THE WORLD SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. REST OF THE WORLD SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY RESIN, 2021-2028 ($ MILLION)
31. REST OF THE WORLD SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY BACKING MATERIAL, 2021-2028 ($ MILLION)
32. REST OF THE WORLD SPECIALTY TAPES MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. GLOBAL SPECIALTY TAPES MARKET SHARE BY RESIN, 2021 VS 2028 (%)
2. GLOBAL SPECIALTY TAPES OF ACRYLIC MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL SPECIALTY TAPES OF RUBBER MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL SPECIALTY TAPES OF SILICONE MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL SPECIALTY TAPES MARKET SHARE BY BACKING MATERIAL, 2021 VS 2028 (%)
6. GLOBAL POLYVINYL CHLORIDE (PVC) SPECIALTY TAPES MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL WOVEN/NON-WOVEN SPECIALTY TAPES MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL PAPER SPECIALTY TAPES MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL SPECIALTY TAPES MARKET SHARE BY END-USER, 2021 VS 2028 (%)
10. GLOBAL SPECIALTY TAPES FOR AUTOMOTIVE & TRANSPORTATION MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL SPECIALTY TAPES FOR CONSTRUCTION MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL SPECIALTY TAPES FOR MEDICAL DEVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL SPECIALTY TAPES FOR ELECTRICAL & ELECTRONICS MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. GLOBAL SPECIALTY TAPES FOR PACKAGING MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL SPECIALTY TAPES FOR OTHER MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL SPECIALTY TAPES MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. US SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
18. CANADA SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
19. UK SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
20. FRANCE SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
21. GERMANY SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
22. ITALY SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
23. SPAIN SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
24. REST OF EUROPE SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
25. INDIA SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
26. CHINA SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
27. JAPAN SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
28. SOUTH KOREA SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF ASIA-PACIFIC SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
30. REST OF THE WORLD SPECIALTY TAPES MARKET SIZE, 2021-2028 ($ MILLION)
