Your Catalyst To a Lucrative Business
Pressure Sensitive Tape Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research
“Growth in the Pressure Sensitive Tape Market will be driven by personalized products, production flexibility; demand for advanced backing that includes film materials and medical membranes�
30 April 2019, The global pressure sensitive tape market is expected to grow at a CAGR of over 6% and reach close to 69 billion during the forecast period (2016 to 2024). Increasing demand in the packaging of the corrugated box packaging of food & beverages is likely to boost market growth in the coming years. These tapes are vastly use in the construction of tunnels, bridges, roofing, cladding, glazing, water supply, and air conditioning can promote the growth and expansion of the industry. Use of biodegradable material for the manufacturing of these pressure sensitive tapes can fuel market growth during the forecast period. Moreover, superior features like easy handling and processing is likely to stimulate industrial development. Development of newer specialty electrically conductive adhesive tapes for telecommunications equipment can exhibit immense potential in the coming seven years. The pressure sensitive tape market is divided into applications, backing material, product, and geographies. On the basis of applications, the market is split into automotive, building & construction, electrical & electronics, health & hygiene, packaging, and others. Packaging held the largest segment in 2015. It is expected to continue an upward trend, owing to its low carbon footprint and biodegradability. Get Sample Copy of this Report @ https://www.hexaresearch.com/research-report/pressure-sensitive-tapesmarket/request-sample
Follow Us: