Non-Woven Tape Industry By Backing Material Market Forecast and Size Analysis 2019-2025
Global Non-Woven Tape Industry was valued at USD 3.32 Billion in the year 2017. Global Non-Woven Tape Industry is further estimated to grow at a CAGR of 7.4% from 2019 to reach USD 5.82 Billion by the year 2025. In the Global Non-Woven Tape Industry, by region Asia Pacific region holds the highest Industry share in 2017 and is also Industry is considered as the fastest growing Industry in the forecasted period owing to their Industry demands. At a country level, China and India in Asia-Pacific are projected to grow strongly in the coming years and China is expected to lead the demand for non-woven tapes in the Asia Pacific region. Major market players in Non-Woven Tape Industry are TESA SE, Nitto Denko Corp., 3M Company, Nichiban Co. Ltd., Avery Dennison Corp., Lintec Corp., Scapa Group, Berry Global Group, Paul Hartmann AG, Intertape Polymer Group, and brief overview of 10 companies is also provided in the report.
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SWOT analysis of Non-Woven Tape Industry: Strength: Rising Use of Non-Woven Tapes in Several End-Use Industries