Sticky Business: Exploring the Global Adhesive Tapes Market and its Rapid Growth

1. Adhesive Tapes Market: Will Reach USD 66,634 Million by 2030 1 © Prescient & Strategic Intelligence Private Limited. All rights reserved

2. The size of the adhesive tapes market was USD 66,634 million in 2022, and the figure is set to advance at a CAGR of 5.60% from 2022 to 2030, to reach USD 103,040 million by the end of this decade, as per P&S Intelligence. This growth can be credited to the large-scale consumption of such materials for several packaging applications in industries, including e-commerce, electrical and electronics, healthcare, growing research and development expenditure by industry players, technological enhancements, and increase in advanced product launches. In 2022, the category of commodity held the major market share, and it will continue to do so in the future. This can be ascribed to the large-scale consumption of service tapes for several packaging applications in the market, including electrical and electronics, e-commerce and food and beverage. To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/adhesive-tapes- market/report-sample The surge in the acceptance of water-based adhesive tapes is experienced in several end-use verticals, and also infrastructures. The majority of the development in the market is projected to come from India, Malaysia, and China because of the growing expenditure on railways, for the growth of fast transit systems and railway tracks, and in water distribution and sewerage projects, for the connection of larger pipes and stormwater drainage structures. The fast economic growth in developing countries, including India, Indonesia, and China, in past few decades, has caused a surge in per-capita income. Furthermore, with the increasing purchasing power, the standard of living is also growing, and because of the changing lifestyle, the need for packaging solutions in these countries is also rising. This, indeed, has amplified the utilization of adhesive tapes, including packaging tapes and carton-sealing tapes, for the strapping, packaging, and bundling of items and heavy-duty cartons. Inquire before purchase@ https://www.psmarketresearch.com/send- enquiry?enquiry-url=adhesive-tapes-market The hot melt-based category is all set to grow at the fastest pace in the coming few years, with a CAGR of 6.2%, and it is projected to continue with the dominant in the future as well. This growth can be credited to its heavy utilization in a variety of engineering processes, including woodworking, product assembling, bookbinding, and box or carton heat sealing. 2 © Prescient & Strategic Intelligence Private Limited. All rights reserved

3. In 2022, the APAC region generated the largest revenue share, 46%, and is projected to advance at a significant CAGR. This growth can be ascribed to the increasing demand from the automotive industry credited to the rising number of cars used for the transport of goods along with private-owned cars, easy obtainability of raw materials, rising electrical and electronics sector where these tapes are widely utilized. Hence, the large-scale consumption of such materials for several packaging applications in industries, including e-commerce, electrical and electronics, the healthcare industry, and growing research and development expenditure by industry players, such factors will drive the adhesive tapes industry in the future as well. The research offers market size of the global adhesive tapes market for the period 2017–2030. Market Segmentation by Type Commodity Specialty Market Segmentation by Technology Water-based Solvent-based Hot-melt-based Market Segmentation by End Use Packaging Consumer and Office Healthcare Automotive Electrical and Electronics Building and Construction Others Market Segmentation by Resin Acrylic Rubber Silicone Others Others Market Segmentation by Backing Material Papers Polyvinyl Chloride (PVC) Polypropylene (PP) • • • • • • • • • • • • • • • • • • • 3 © Prescient & Strategic Intelligence Private Limited. All rights reserved

4. Others • Market Segmentation by Region North America Adhesive Tapes Market • oBy type oBy technology oBy end use oBy resin oBy backing material oBy country – U.S. and Canada Europe Adhesive Tapes Market • oBy type oBy technology oBy end use oBy resin oBy backing material oBy country – Germany, France, U.K., Italy, Spain, and Rest of Europe Asia-Pacific (APAC) Adhesive Tapes Market • oBy type oBy technology oBy end use oBy resin oBy backing material oBy country – China, India, Japan, South Korea, Australia, and Rest of APAC Latin America (LATAM) Adhesive Tapes Market • oBy type oBy technology oBy end use oBy resin oBy backing material oBy country – Brazil, Mexico, and Rest of LATAM Middle East and Africa (MEA) Adhesive Tapes Market • oBy type oBy technology oBy end use oBy resin oBy backing material 4 © Prescient & Strategic Intelligence Private Limited. All rights reserved

5. oBy country – Saudi Arabia, South Africa, and Rest of MEA 5 © Prescient & Strategic Intelligence Private Limited. All rights reserved

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