Pressure Sensitive Tapes Market By Reports And Data
Pressure Sensitive Tapes Market
To Reach USD 82.94 Billion By
2027
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Market Summary
The growing demand from the construction industry
and the increasing number of aircraft are driving
market growth.
Market Size – USD 60.38 Billion in 2019, Market
Growth - CAGR of 3.9%, Market Trends – High demand
from developing nations.
The global Pressure Sensitive Tapes market is forecast
to reach USD 82.94 Billion by 2027, according to a
new report by Reports and Data. Increasing concerns
regarding the light-weighting of automobiles across
the globe have led to the increasing adoption of
tapes. Traditionally used products, such as fasteners
and adhesives, are being replaced by pressure
sensitive tapes, due to the benefits they offer.
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The increasing population in the developing countries, which leads to an increase in industrialization and
urbanization, is expected to lead to a rise in government spending on infrastructure and construction. This,
in turn, will foster the demand for the pressure sensitive tapes market, as these find extensive uses in the
construction industry. The growth in the aircraft industry is also expected to lead to an increased demand
for the product, as pressure sensitive tapes are extensively used in making aircraft interiors and avionics.
Frequent fluctuations in raw material prices have a significant impact on the manufacturers' procurement
cost, which can hamper the demand for the market. Increasing sanctions on the import of crude oil affect
the overall oil prices, which can also lead to reduced market size for pressure sensitive tapes. The market
also faces a threat from the increasing number of substitutes present for the product, such as sealants and
fasteners. The growing use of these in various industries can lead to reduced demand for Pressure
Sensitive Tapes.
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Key participants include Scapa Group PLC, Sika AG, Arkema Group, DOW Corning, 3M, H.B. Fuller, Avery
Dennison Corporation, Tesa, Intertape, and Henkel AG & Company KGAA, among others.
For the purpose of this report, Reports and Data have segmented into the global Pressure Sensitive Tapes
market on the basis of product, Material, End-Use, and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
• Specialty Tapes
• Packaging Tapes
• Consumer Tapes
Material Outlook (Revenue, USD Billion; 2017-2027)
• Woven/Nonwoven
• Polyvinyl Chloride
• Polypropylene
• Polyethylene Terephthalate (PET)
• Foam
• Metal
• Others
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Regional Outlook (Revenue, USD Million; 2019-2026, and Volume Metric Tons-2026)
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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About Us
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