Industrial Tapes Market – Global industry analysis, competitive insight and key drivers;2016-24

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Industrial Tapes Market - Global Industry
Analysis, Size, Share, Growth, Trends
and Forecast 2016 - 2024
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Industrial
Tapes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024” This report likewise
incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide
business sector industry structure.
Industrial tapes are used for binding purpose in various industrial operations. Industrial tapes offer high level of adhesive
strength compared to normal tapes which are used in everyday life. Heavy materials and spare parts cannot be attached using
normal tapes as these materials require high level of adhesive bonding. Industrial tapes are used for attaching various
components such as cushions, foams and lighting fixtures. Bonding operations such as concrete bonding, glass bonding and
floor bonding are carried out using industrial tapes. Also, industrial tapes are finding increasing adoption in operations such as
vehicle assembly, electronic components assembly, heating ventilation air conditioning (HVAC) operations, insulation and
packaging. Industrial tapes are increasingly used for permanent or temporary assembly and fabrication of products and
components. Further, industrial tapes are water resistant and shock resistant for specific operations such as electrical
equipment manufacturing. Industrial tapes can be used in harsh conditions such as extremely high and cold temperatures,
ultraviolet light and solvents.
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Industrial Tapes Market: Trends and Opportunities
Demand for commodities and appliances is increasing which is the key driving factor for the growth of the industrial tapes
market. Industrial tapes are increasingly used for manufacturing and assembly of commodities and appliances. Growth of the
automobile industry is also driving the industrial tapes market. Automobile manufacturing requires adhesive tapes for attaching
purpose during various operations such as trim panel attachment, airbag cover attachment and wall headliner attachment.
Moreover, tapes improve the overall appearance of the end product by hiding the joints between two parts. Innovations and
technological advancements have helped industrial tapes to serve more markets such as construction and aerospace with
increasing adhesive strength. Governmental and environmental rules and regulations are getting tougher to protect the nature.
Industrial tape manufacturers must control the emissions of volatile organic content (VOC) during manufacturing. This is proving
to be the restraining factor for the industrial tapes market. Producing industrial tapes with reduced VOC emissions is a challenge
for manufacturers. However, manufacturers are using water-based technology rather than solvent based technology to minimize
the emissions. Water-based technology is accepted worldwide and provides a safer work environment with reduced chances of
hazards. Materials such as acrylics and natural rubber are used in water-based technology.
Industrial Tapes Market: Segmentation and Competitive Dynamics
Industrial tapes market can be divided into various segments according to the product type such as filament tape, aluminum
tape, duct tape, adhesive transfer tapes and others (single sided and double sided). Further, industrial tapes market can be
divided into distinct segments according to the application such as packaging, masking/ protective, electrical and electronic,
decorative tapes, splicing tapes and damping tapes. Also, Industrial tapes market can be divided into different segments
according to the tape backing material such as polypropylene, paper, polyvinyl chloride, polyester and polyimide. End user
industries of industrial tapes include manufacturing, automotive, construction, logistics, electrical and aerospace and
electronics.
Major players in the industrial tapes market include The Dow Chemical Company, Saint Gobain S.A., The 3M Company,
Henkel AG & Company KGaA, Eastman Chemical Company, Avery Dennison Corporation, Ashland Inc. (U.S.), Sika AG, H.B Fuller
Company, and Von Roll Holding AG.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and
verifiable projections about market size. The projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every
facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
•
Market segments and sub-segments
•
Market trends and dynamics
•
Supply and demand
•
Market size
•
Current trends/opportunities/challenges
•
Competitive landscape
•
Technological breakthroughs
•
Value chain and stakeholder analysis
The regional analysis covers:
•
North America (U.S. and Canada)
•
Latin America (Mexico, Brazil, Peru, Chile, and others)
•
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
•
Eastern Europe (Poland and Russia)
•
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
•
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned
analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The
report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and
market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and
mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment
over the forecast period.
Highlights of the report:
•
A complete backdrop analysis, which includes an assessment of the parent market
•
Important changes in market dynamics
•
Market segmentation up to the second or third level
•
Historical, current, and projected size of the market from the standpoint of both value and volume
•
Reporting and evaluation of recent industry developments
•
Market shares and strategies of key players
•
Emerging niche segments and regional markets
•
An objective assessment of the trajectory of the market
•
Recommendations to companies for strengthening their foothold in the market
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Industrial tapes are used for binding purpose in various industrial operations. Industrial tapes offer high level of adhesive strength compared to normal tapes which are used in everyday life. Heavy materials and spare parts cannot be attached using normal tapes as these materials require high level of adhesive bonding. Industrial tapes are used for attaching various components such as cushions, foams and lighting fixtures. Bonding operations such as concrete bonding, glass bonding and floor bonding are carried out using industrial tapes. Also, industrial tapes are finding increasing adoption in operations such as vehicle assembly, electronic components assembly, heating ventilation air conditioning (HVAC) operations, insulation and packaging. Industrial tapes are increasingly used for permanent or temporary assembly and fabrication of products and components. Further, industrial tapes are water resistant and shock resistant for specific operations such as electrical equipment manufacturing. Industrial tapes can be used in harsh conditions such as extremely high and cold temperatures, ultraviolet light and solvents.