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Specialty Tapes Market Trends

  • Report ID: GMI7145
  • Published Date: Oct 2023
  • Report Format: PDF

Specialty Tapes Market Trends

Several noteworthy trends are shaping the specialty tapes industry. Firstly, sustainability and eco-friendliness are increasingly emphasized, leading to the development of environmentally responsible tapes. Secondly, there's a growing focus on smart or technologically advanced tapes with features like sensors or RFID for tracking and monitoring. Thirdly, customization to meet specific industry needs is on the rise, reflecting the demand for tailor-made solutions. Additionally, digital marketing and e-commerce are transforming the distribution landscape, making specialty tapes more accessible to a broader audience. Finally, the healthcare sector is witnessing continued growth, driven by the need for medical and healthcare-specific tapes, in part due to an aging population and ongoing health advancements. These trends highlight the industry's adaptability and responsiveness to evolving consumer and industrial requirements.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of specialty tapes was worth USD 55.39 billion in 2023 and is estimated to reach USD 96.9 billion by the end of 2032 due to extensive usage in electrical and electronics, automotive, construction, medical and healthcare, industrial, and consumer goods.

The PVC backing material segment held 30% of the specialty tapes industry share in 2022 and is expected to grow at lucrative pace by 2032 owing to higher adoption in demanding industrial and construction settings to offer flexibility and strength

U.S. specialty tapes industry size was USD 12.3 billion in 2022 and is anticipated to expand at significant pace from 2023-2032 owing to the presence of robust industrial and technological sectors

3M Company, Nitto Denko Corporation, Lintec Corporation, Avery Dennison Corporation, Scapa Group Plc, Intertape Polymer Group, Inc., Berry Global Inc., Saint-Gobain Performance Plastics Corporation, and Lohmann GMBH & Co. Kg are some key specialty tape providers

Specialty Tapes Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 203
  • Countries covered: 24
  • Pages: 180
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