Asia-Pacific Dominates Overall Industrial Tapes Market

The market for the Global Industrial Tapes Market has increased since the last decade because of the innovations in the industry. The global industrial tapes market is projected to reach USD 58,487.11 Million by 2020, at a CAGR of 6% from 2015 to 2020.

Browse 260 tables and 46 figures spread through 234 Pages and in-depth TOC on "Industrial Tapes Market”

In the adhesives market industrial tapes have a considerable market size. Industrial tapes are extensively used to permanently bond and seal many substrates such as elastomers, foams, glass, and metals among others in a manner that enhances its strength, productivity, durability, and also improvises the product appearance. Industrial tapes can withstand harsh environment conditions such as high temperature, cold, temperature cycling, ultraviolet light, moisture and solvents.

This report estimates the market size of the global industrial tapes market in terms of both value and volume. In this report, the market is broadly segmented based on product type, end user, application, tape backing material, mode of application, and region. Market drivers, restraints, opportunities and challenges, and market share by participant for the overall market are discussed in detail. Industrial tapes are one of the fastest growing segments in the adhesives industry, which has seen significant growth over the last decade in a number of key markets around the world. Industrial tapes are designed with various advanced solutions that can benefits manufacturers, suppliers, and consumers.

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The industrial tapes market is marked with intense competition due to the presence of a large number of players. The market for this industry is highly fragmented because of the small and medium scale manufacturers. New product launches and acquisitions are the key strategies adopted by the market players to ensure their growth in the industrial market. The Industrial Tapes market is dominated by several large players such as The Dow Chemical Company (U.S.), Saint Gobain SA (France), 3M (U.S.), Henkel AG & Company, KGaA (Germany), Eastman Chemical Company (U.S.), Avery Dennison Corporation (U.S.), Ashland Inc. (U.S.), Sika AG (Switzerland), H.B Fuller (U.S.), and Von Roll Holding AG (Switzerland).

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