Adhesive tapes market is estimated to be over US$ 58 Bn in 2019. It is anticipated to grow at a CAGR of 3.5% from 2019 to 2030. Rampant usage of adhesive tapes across industries due to its properties such as high cohesive strength, fast processing, and others, is one of the pivotal factors driving the global adhesive tapes market.
Reduced waste handling is another critical factor that is expected to fuel its demand in the coming years. Adhesive tapes also do not require additional water, solvent or heat to strengthen the adhesive forces, which makes them easier to apply. On the other hand, high manufacturing costs resulting from high raw material & energy costs is likely to restrain market growth to a certain extent.
Major Key Players of the Adhesive Tapes Market are:3M Company, Shurtape Technologies, Avery Dennison Corporation, Intertape Polymer Group, Scapa Group Plc, Tesa SE, Nitto Denko Corporation, Lintec Corporation, and others.
Read More @ https://www.openpr.com/news/2027325/adhesive-tapes-market-to-register-unwavering-growth-during
Reduced waste handling is another critical factor that is expected to fuel its demand in the coming years. Adhesive tapes also do not require additional water, solvent or heat to strengthen the adhesive forces, which makes them easier to apply. On the other hand, high manufacturing costs resulting from high raw material & energy costs is likely to restrain market growth to a certain extent.
Major Key Players of the Adhesive Tapes Market are:3M Company, Shurtape Technologies, Avery Dennison Corporation, Intertape Polymer Group, Scapa Group Plc, Tesa SE, Nitto Denko Corporation, Lintec Corporation, and others.
Read More @ https://www.openpr.com/news/2027325/adhesive-tapes-market-to-register-unwavering-growth-during
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