The report studies the historical data and offers crucial forecast estimations to assist the readers, investors, stakeholders, and businesses to formulate strategic investment plans
New York, NY -- (SBWIRE) -- 02/22/2021 -- The Splicing Tapes Market is expected to reach USD 661.7 Million by 2026, according to a new report by Reports and Data. The global splicing tapes market is principally driven by the growing demand from the paper & printing sector. Paper & printing and packaging industries are growing at a rapid pace, due to the rise in population and digitization across the globe.
Splicing tapes are utilized in tabbing and holding of lithium-ion batteries. They are used in various electronics items for color coding in the electronics industry. The growing demand for lithium-ion batteries is expected to encourage the splicing tapes market during the forecast period.
The market in North America is anticipated to witness a CAGR of 3.1% during the forecast period. The market is characterized by innovative product development and growing use of splicing tapes in the packaging sector in the region.
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The report further studies the significant trends and demands of the market in each key region of the market and analyzes the strategic steps and initiatives taken by the leading companies of the industry. Some of the major companies operating in the Splicing Tapes market and profiled in the report are:
3M, Avery Dennison Corporation, Nitto Denko Corporation, Scapa Group Plc, Intertape Polymer Group, Inc., Tesa SE, Shurtape Technologies, Llc, Orafol Europe Gmbh, and Adhesive Research, Inc.ECHOtape.
The research study further covers the expansion and scope of the market in the key geographies across the globe. It assesses the scope of the market on a global as well as country-wise level. The market is spread across the key regions that include: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report provides a comprehensive analysis of the production and consumption patterns, import and export ratio, supply and demand dynamics, key trends and demands, consumer behavior, and presence and operations of prominent players in each region of the market.
The report covers the assessment of the historical data of the market to offer key insights into the current and emerging trends in the business sphere. The report considers 2017-2018 as historical years, 2019 as the base year, and 2021-2027 as forecast years. The report also discusses in detail the mergers and acquisitions, collaborations, joint ventures, product launches, brand promotions, corporate and government deals, and partnerships occurring in the market.
The report further segments the market on the basis of product types and application spectrum offered by the market.
Resin Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2016-2026)
Material Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2016-2026)
End User Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2016-2026)
Paper & Printing
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Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Splicing Tapes Market Segmentation & Impact Analysis
4.1. Splicing Tapes Market Resin Resin Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
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The report is a qualitative and quantitative research study that offers key insights into the latest strategic steps and tactics undertaken by the industry players to gain a robust footing in the market. The report further offers strategic recommendations to the new and emerging players and established companies to help them overcome the barriers of the industry. The report also covers a comprehensive SWOT analysis and Porter's Five Forces analysis to offer a better understanding of the Splicing Tapes market and its competitive landscape.
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