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Industrial tapes market is projected to reach USD 58,487.11 Million by 2020

The market for the global industrial tapes market has increased since the last decade because of the innovations in the industry. The global industrial tapes market is projected to reach USD 58,487.11 Million by 2020, at a CAGR of 6% from 2015 to 2020. The Asia-pacific region accounted for the largest share of the total market value in 2014, followed by North America. The market in developing economies such as China and India are estimated to grow at a higher rate from 2015 to 2020 due to the growing industrialization in these countries.

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Industrial tapes market is projected to reach USD 58,487.11 Million by 2020

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  1. Industrial Tapes Market Industrial Tapes Market is projected to reach USD 58,487.11 Million by 2020 View Full Report @ https://bit.ly/2Ie96IS

  2. Introduction • The report “Industrial Tapes Market by Product Type (Aluminum Tapes, Others), End User (Manufacturing, Others), Application (Packaging, Others), Tape Backing Material (Polypropylene, Paper), Mode of Application (Pressure Sensitive, Solvent Based) - Forecast to 2020”, defines and segments the industrial tapes market with analysis and forecast of the global market size for industrial tapes till 2020. • It also identifies the driving and restraining factors of the market with analysis of trends and opportunities. View Full Report @ https://bit.ly/2Ie96IS

  3. Drivers • The industrial tapes market has been growing with the growth of the global adhesives industry. • With the increasing demand for innovative taping solutions with high strength and capacity to resist temperature changes and toxic chemicals, industrial tapes has become one of the most applied solutions for many purposes. • The growth of the industrial tapes market is primarily driven by the following factors: • Vast market serving several industries • Globalization • Low barrier to entry • Growing industry View Full Report @ https://bit.ly/2Ie96IS

  4. Industry Insights • Filament tapes accounted for the largest share in the industrial tapes market in 2014. • Filament tapes are projected to grow the fastest in the industrial tapes market, because they can be used for various purposes such as closing corrugated fiberboard boxes, reinforcing packages, bundling items, and pallet unitizing. • It is made of polypropylene or polyester film and fiberglass filaments which give it high tensile strength. Thus, they are widely used across businesses. View Full Report @ https://bit.ly/2Ie96IS

  5. Regional Insights • The industrial tapes market is segmented on the basis of product type, end user, application, tape backing material, mode of application, and region. • The market is segmented and the value is projected, on the basis of regions such as North America, Europe, Asia-Pacific, and the Rest of the World (RoW), and is forecasted till 2020. • The major countries in all the regions have been considered for this study. • Increasing industrialization and development of various manufacturing and business hubs in developing countries due to the availability of low cost resources have resulted in the increase in the demand of industrial tapes in the Asia-Pacific region. View Full Report @ https://bit.ly/2Ie96IS

  6. Key Players • The industrial tapes market is marked with intense competition due to the presence of a large number of players. • New product launches and acquisitions are the key strategies adopted by market players to expand their business in the industry. The Industrial Tapes market is dominated by several large players such as The Dow Chemical Company (U.S.), Saint Gobain SA (France), 3M (U.S.), Henkel AG & Company, KGaA (Germany), Eastman Chemical Company (U.S.), Avery Dennison Corporation (U.S.), Ashland Inc. (U.S.), Sika AG (Switzerland), H.B Fuller (U.S.), and Von Roll Holding AG (Switzerland). View Full Report @ https://bit.ly/2Ie96IS

  7. About Us • MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. • Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach Markets and Markets™ for their pain points around revenues decisions. • MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. View Full Report @ https://bit.ly/2Ie96IS

  8. How Markets & Markets is different? • Most-detailed market segmentation in the industry • In-depth analysis of patents and profiles of key market players providing a competitive landscape • Market data for segments such as technologies, services & applications across geographies • High level analysis of major market segments and identification of opportunities. View Full Report @ https://bit.ly/2Ie96IS

  9. Contact Us: Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com View Full Report @ https://bit.ly/2Ie96IS

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