The industrial tapes are mainly used for purpose of binding in the various industrial operations. These tapes provide high strength, durability, adhesive bonding, and resistance to the moisture, temperature.
Sarasota, FL -- (SBWIRE) -- 06/22/2017 -- Zion Market Research, the market research group announced the analysis report titled "Industrial Tapes Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"
Global Industrial Tapes Market: Overview
The industrial tapes are mainly used for purpose of binding in the various industrial operations. These tapes provide high strength, durability, adhesive bonding, and resistance to the moisture, temperature. The industrial tapes have a number of applications in the manufacturing, automobile, food and beverages, electronics, medical device, and pharmaceutical industries. In comparison to the normal tapes, the industrial tapes provide high adhesive strength.
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Global Industrial Tapes Market: Growth Factors
The rising demand for the industrial tapes in the manufacturing, food and beverages market, medical device manufacturing market, and pharmaceuticals market boost the global industrial tapes market. The physical and chemical properties such as elasticity, resistance to high temperature, moisture, UV rays, high productivity, durability, and strength fuels its sale and growth in the global market. The industrial tapes high adhesive property renders it highly useful for a number of applications which in turn propels the growth of the global industrial tapes market.
Global Industrial Tapes Market: Segmentation
The global industrial tapes market is segmented based on the product type, applications, tape backing material, end-user industry, and mode of application. The product type segment is bifurcated into duct tapes, adhesive transfer tapes, single-sided and double-sided tapes, aluminum tapes, and filament tapes. The end-user industry segment is grouped into electrical industry, logistics industry, automotive industry, construction industry, manufacturing industry, aerospace industry, and electronics industry. The applications segment is divided into specialized application, electrical and electronic application, packaging application, masking or protective application, splicing application, decorative application, and damping application. The tape backing material segment is classified into paper, polyvinyl chloride, polypropylene, reinforced epoxy, fiberglass, foam, glass cloth, fabrics, polyimide, polyester, PTFE, PEN, and medical grade cloth. The mode of application segment is categorized into the hot melt-based application, solvent-based application, acrylic-based application, and pressure sensitive application.
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Global Industrial Tapes Market: Regional Analysis
Asia-Pacific dominates the global industrial tapes market due to the increasing manufacturing facilities and growing industrial tapes businesses in the region. The rising demand for the industrial tapes boosts the market in China. The expansion in the industrial tape business across various regions including India and Indonesia drives the market growth in the Asia-pacific region.
Global Industrial Tapes Market: Competitive Players
The major players in the global industrial tapes market include Von Roll Holding AG, Eastman Chemical Company, Saint-Gobain SA, The Dow Chemical Company, Henkel AG & Company KGaA, 3M, Ashland Inc., Avery Dennison Corporation, Sika AG, Merck Group, and H.B Fuller. The other players include Berry Plastics, Essentra Specialty Tapes, Adhesive Applications, Avery Dennison, FLEXcon, Advanced Flexible Composites, Intertape Polymer, Coating and Converting Technologies, Adhesives Research, MACtac, Lamart, Microseal Industries, PPI Adhesive Products, Shurtape, DeWAL Industries, Scapa Group, TaraTape, Adchem, Chomerics, Navilux, CTT, Achem, Syntac Coated Products, and Necal. These players adopt strategies such as collaborations, agreements, partnerships, and new product launch for acquiring a high position in the global market.
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Global Industrial Tapes Market: Regional Segment Analysis
North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa