Portland, OR -- (SBWIRE) -- 08/29/2017 -- Double coated film tapes are made up from strong flexible film materials, coated with water-based, solvent-based, and hot melt adhesives. These film tapes contain a polyester liner, which possess excellent tack adhesion, die-cutting, and excellent processing characteristics. Double coated film tapes for bonding two different surfaces permanently and for mounting of slicing applications. Usually, these tapes are applied on extruded parts, rubber profiles, and plastic parts of the products, and are also utilized for bonding electronic parts. Huge change is witnessed in the production procedures and packaging of double coated film tapes utilized in various industries over the years as a result of rise in demand and growth in importance of these tapes. There is a growth in demand due to superior temperature resistance and sheer strength of these tapes.

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Rapid growth in packaging industry and technological advancements predominantly drive the growth of the market. Its multipurpose characteristics and increase in applications across various industries also fuel the market growth. Other advantages offered by these tapes such as wider acceptance for indoor & room temperature applications and good adhesion to substrates having low surface energy are some features, which boost the market growth. Asia-Pacific is expected to register substantial growth due to huge demand and lower manufacturing costs of these tapes in emerging economies such as China & India. The production cost is low in the developing countries due to cheap labor and easy availability of raw materials. However, rise in raw material prices and availability of low cost alternatives hinder the market growth.

The major players operating in the global market focus on key market strategies such as product launch, mergers, acquisition, and expansion to strengthen their market reach to maintain their position in the competitive market.

Comprehensive competitive analysis and profiles of major market players provided in the report are as follows:

- Adchem Corporation
- Elite Tape
- Intertape Polymer Group
- MACtac, LLC
- Nitto Denko Corporation
- Parafix Tapes & Conversions Ltd.
- Shurtape Technologies, LLC
- Tesa Tape, Inc.
- The 3M Company
- V. Himark USA, Inc.

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Double Coated Film Tapes Market Key Segments:

By Material

- Polyethylene Terephthalate (PET)
- Polyvinyl chloride (PVC)
- Polyethylene (PE)
- Polypropylene (PP)
- Others

By Adhesive Type

- Hot Melt
- Acrylic
- Water-Activated
- Silicone

By End-Use Industry

- Food & Beverages
- Cosmetics & Toiletries
- Industrial
- Pharmaceuticals

By Region

North America
- U.S.
- Canada
- Mexico

Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe

Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific

LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA