Specialty Tapes Market Outlook 2030: Presents Market Insights & Depth Analysis

 The global specialty tapes market is anticipated to grow at a CAGR of 6.1% during the forecast period. The growing awareness for the environment coupled with using eco friendly products encourages the key players to launch eco friendly products. Key players are launching eco friendly products in the market to satisfy the consumers demand. For instance, in August 2021, Ajit Industries Pvt. Ltd. launched eco-friendly green tapes in India. The tapes are made from recyclable and biodegradable materials, which includes self adhesive kraft paper tape, water activated kraft paper tape K90, eco friendly honeycomb packaging paper and recyclable bopp tape. 

Additionally, in April 2022, Essentra plc, manufacturers and distributors of tapes for  packaging that open, close, inform and protect has launched a new tear eco friendly tape, containing 70% post-consumer recycled PET. It is designed to close the loop on sustainable flexible packaging while still offering a high-end frustration-free opening experience for consumers. It is manufactured from a 23-micron single-ply PET film for improved cross-tearing protection. 

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Market Coverage

•The market number available for – 2023-2030

•Base year- 2023

•Forecast period- 2024-2031

Segment Covered- 

•By Resin

•By Backing Material

•By End-User

Regions Covered-

•North America

•Europe

•Asia-Pacific

•Rest of the World

Competitive Landscape- including 3M India Ltd., Avery Dennison Corp., Berry Global Inc., ECHOtape, Intertape Polymer Group Inc., LINTEC Corp., Lohmann GmbH & Co.KG, and others. 

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Specialty Tapes Market Report Segment

By Resin

•Acrylic

•Rubber 

•Silicone

By Backing Material 

•Polyvinyl Chloride (PVC)

•Woven/Non-Woven

•Paper

By End-User  

•Automotive & Transportation

•Construction

•Medical Devices

•Electrical & Electronics

•Packaging

•Others 

Specialty Tapes Market Report Segment by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

•Latin America

•Middle East and Africa 

Company Profiles 

• 3M India Ltd.
• Avery Dennison Corp.
• Berry Global Inc.
• ECHOtape 
• Intertape Polymer Group Inc. 
• LINTEC Corp.
• Lohmann GmbH & Co. KG
• NICHIBAN Co., Ltd.
• Nitto Denko Corp.
• Saint-Gobain Performance Plastics Inc.
• Scapa Group Ltd.
• tesa Tapes (India) Pvt. Ltd.

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Article source: https://article-realm.com/article/Business/57043-Specialty-Tapes-Market-Outlook-2030-Presents-Market-Insights-and-Depth-Analysis.html