The global Splice Tape market research report added by Reports and Data is a market intelligence report that offers a comprehensive assessment of the market size, market share, revenue growth, CAGR, current and emerging trends, macro- and micro-economic factors, regulatory framework, and key drivers and restraints. The report offers a panoramic view of the Splice Tape market on a global and regional scale along with key statistical data organized in tables, charts, diagrams, figures, and other pictorial representation. The report has been formulated through extensive primary and secondary research with the data further verified and validated from industry experts, research analysts, professionals, and stakeholders. The report also covers SWOT analysis and Porter’s Five Forces analysis to present a complete overview of the competitive landscape of the market.
According to the current analysis of Reports and Data, the global splice tape market was valued at USD 564.5 Million in 2020 and is expected to reach USD 667.2 Million by 2028, at a CAGR of 2.10%. The study covers splicing tapes, a sticky paper like substance used to join the end of a web or roll of a material to the beginning of a web or roll of another new material to make the manufacturing process continual which in turn prevents rethreading the new roll through the machine or press, saving valuable down time.
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Top companies in the market include: Tesa SE (Germany), 3M Company (US), Nitto Denko Corporation (Japan), Avery Dennison Corporation (US), Intertape Polymer Group, Inc. (Canada), Scapa Group PLC (UK), Shurtape Technologies, PLC (US), ECHO tape (US), and Adhesive Research, Inc. (US)
Market Overview:
Increasing awareness regarding energy conversation and sustainability along with rapid digitalization are expected to significantly drive the revenue growth of the chemicals and materials industry over the coming years. Materials and chemicals industry generally covers all the manufacturers and companies that produce industrial chemicals and raw materials required for the production of other materials. Plastics, materials, drugs, soap, and agricultural chemicals, among others are some of the most common end products of the chemical and materials industry. Increasing focus on petrochemicals, rising investment in chemicals and materials industries, rapid digitalization and automation of manufacturing and production processes, and growing focus on environmentally friendly production are some other key factors driving market growth.
The report further segments the global Splice Tape market on the basis of product types, application, and key regions of the market. The report offers accurate growth estimations for each segment and sub-segment and provides key insights into factors influencing the growth of each segment.
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By Backing Material (Revenue in USD Million; Volume in Tons, 2018-2028)
- Paper/Tissue
- Pet/Polyester
- Non-Woven
- Others
By Application (Revenue in USD Million; Volume in Tons, 2018-2028)
- Paper & Printing
- Electronics
- Packaging
- Labeling
- Others
By Resin Type (Revenue in USD Million; Volume in Tons, 2018-2028)
- Acrylic
- Rubber
- Silicone
- Others
Regional Analysis:
Regional analysis of the Splice Tape market offers crucial insights into production and consumption patterns, import/export ratio, supply and demand dynamics, revenue contribution, and the market share and size in terms of volume and value. The report presents accurate analysis of the country-wise segmentation to offer better understanding of the market and provides information of the presence of key players/manufacturers in each region.
Regional analysis covers the following region:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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