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Pressure Sensitive Adhesive Tape Trends and Forecast
The future of the global pressure sensitive adhesive tape market looks promising with opportunities in the packaging, electrical & electronic, medical & hygiene, construction, transportation, and consumer & office markets. The global pressure sensitive adhesive tape market is expected to reach an estimated $75.3 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are growing concerns regarding automobile light weighting across the globe, rising demand for high-performance tapes, as well as, rapid urbanization and industrialization in emerging economies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Pressure Sensitive Adhesive Tape by Segment
The study includes a forecast for the global pressure sensitive adhesive tape by backing material, resin type, end use, and region.
Pressure Sensitive Adhesive Tape Market by Backing Material [Shipment Analysis by Value from 2018 to 2030]:
• Polypropylene
• Paper
• PVC
• Others
Pressure Sensitive Adhesive Tape Market by Resin Type [Shipment Analysis by Value from 2018 to 2030]:
• Acrylic
• Silicone
• Rubber
• Others
Pressure Sensitive Adhesive Tape Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Packaging
• Electrical & Electronics
• Medical & Hygiene
• Construction
• Transportation
• Consumer & Office
• Others
Pressure Sensitive Adhesive Tape Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Pressure Sensitive Adhesive Tape Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pressure sensitive adhesive tape companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pressure sensitive adhesive tape companies profiled in this report include-
• 3M Company
• Nitto Denko
• Tesa
• Lintec
• Intertape Polymer
Pressure Sensitive Adhesive Tape Market Insights
Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to increasing demand for high-performance and durable adhesive tapes.
APAC will remain the largest region over the forecast period due to rapid growth of the manufacturing and electronics industries, as well as, rising infrastructural activities in countries such as, China and India.
Features of the Global Pressure Sensitive Adhesive Tape Market
Market Size Estimates: Pressure sensitive adhesive tape market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pressure sensitive adhesive tape market size by backing material, resin type, end use, and region in terms of value ($B).
Regional Analysis: Pressure sensitive adhesive tape market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different backing material, resin type, end use, and regions for the pressure sensitive adhesive tape market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pressure sensitive adhesive tape market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the pressure sensitive adhesive tape market size?
Answer: The global pressure sensitive adhesive tape market is expected to reach an estimated $75.3 billion by 2030.
Q.2 What is the growth forecast for pressure sensitive adhesive tape market?
Answer: The global pressure sensitive adhesive tape market is expected to grow with a CAGR of 6.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the pressure sensitive adhesive tape market?
Answer: The major drivers for this market are growing concerns regarding automobile light weighting across the globe, rising demand for high-performance tapes, as well as, rapid urbanization and industrialization in emerging economies.
Q4. What are the major segments for pressure sensitive adhesive tape market?
Answer: The future of the global pressure sensitive adhesive tape market looks promising with opportunities in the packaging, electrical & electronic, medical & hygiene, construction, transportation, and consumer & office markets.
Q5. Who are the key pressure sensitive adhesive tape market companies?
Answer: Some of the key pressure sensitive adhesive tape companies are as follows:
• 3M Company
• Nitto Denko
• Tesa
• Lintec
• Intertape Polymer
Q6. Which pressure sensitive adhesive tape market segment will be the largest in future?
Answer: Lucintel forecasts that acrylic will remain the largest segment over the forecast period due to increasing demand for high-performance and durable adhesive tapes.
Q7. In pressure sensitive adhesive tape market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to rapid growth of the manufacturing and electronics industries, as well as, rising infrastructural activities in countries such as, China and India.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the pressure sensitive adhesive tape market by backing material (polypropylene, paper, pvc, and others), resin type (acrylic, silicone, rubber, and others), end use (packaging, electrical & electronics, medical & hygiene, construction, transportation, consumer & office, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Pressure Sensitive Adhesive Tape Market, Pressure Sensitive Adhesive Tape Market Size, Pressure Sensitive Adhesive Tape Market Growth, Pressure Sensitive Adhesive Tape Market Analysis, Pressure Sensitive Adhesive Tape Market Report, Pressure Sensitive Adhesive Tape Market Share, Pressure Sensitive Adhesive Tape Market Trends, Pressure Sensitive Adhesive Tape Market Forecast, Pressure Sensitive Adhesive Tape Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Pressure Sensitive Adhesive Tape Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Pressure Sensitive Adhesive Tape Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Pressure Sensitive Adhesive Tape Market by Backing Material
3.3.1: Polypropylene
3.3.2: Paper
3.3.3: PVC
3.3.4: others
3.4: Global Pressure Sensitive Adhesive Tape Market by Resin Type
3.4.1: Acrylic
3.4.2: Silicone
3.4.3: Rubber
3.4.4: Others
3.5: Global Pressure Sensitive Adhesive Tape Market by End Use
3.5.1: Packaging
3.5.2: Electrical & Electronics
3.5.3: Medical & Hygiene
3.5.4: Construction
3.5.5: Transportation
3.5.6: Consumer & Office
3.5.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Pressure Sensitive Adhesive Tape Market by Region
4.2: North American Pressure Sensitive Adhesive Tape Market
4.2.1: North American Pressure Sensitive Adhesive Tape Market by Resin Type: Acrylic, Silicone, Rubber, and Others
4.2.2: North American Pressure Sensitive Adhesive Tape Market by End Use: Packaging, Electrical & Electronics, Medical & Hygiene, Construction, Transportation, Consumer & Office, and Others
4.3: European Pressure Sensitive Adhesive Tape Market
4.3.1: European Pressure Sensitive Adhesive Tape Market by Resin Type: Acrylic, Silicone, Rubber, and Others
4.3.2: European Pressure Sensitive Adhesive Tape Market by End Use: Packaging, Electrical & Electronics, Medical & Hygiene, Construction, Transportation, Consumer & Office, and Others
4.4: APAC Pressure Sensitive Adhesive Tape Market
4.4.1: APAC Pressure Sensitive Adhesive Tape Market by Resin Type: Acrylic, Silicone, Rubber, and Others
4.4.2: APAC Pressure Sensitive Adhesive Tape Market by End Use: Packaging, Electrical & Electronics, Medical & Hygiene, Construction, Transportation, Consumer & Office, and Others
4.5: ROW Pressure Sensitive Adhesive Tape Market
4.5.1: ROW Pressure Sensitive Adhesive Tape Market by Resin Type: Acrylic, Silicone, Rubber, and Others
4.5.2: ROW Pressure Sensitive Adhesive Tape Market by End Use: Packaging, Electrical & Electronics, Medical & Hygiene, Construction, Transportation, Consumer & Office, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Pressure Sensitive Adhesive Tape Market by Backing Material
6.1.2: Growth Opportunities for the Global Pressure Sensitive Adhesive Tape Market by Resin Type
6.1.3: Growth Opportunities for the Global Pressure Sensitive Adhesive Tape Market by End Use
6.1.4: Growth Opportunities for the Global Pressure Sensitive Adhesive Tape Market by Region
6.2: Emerging Trends in the Global Pressure Sensitive Adhesive Tape Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Pressure Sensitive Adhesive Tape Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Pressure Sensitive Adhesive Tape Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: 3M Company
7.2: Nitto Denko
7.3: Tesa
7.4: Lintec
7.5: Intertape Polymer
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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