Pressure Sensitive Adhesive Tape Market Size, Share, Industry, Forecast and outlook (2023-2030)

Published: 2024 January 30
SKU : CH3484
180 pages
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What is the projected growth of the pressure sensitive adhesive tape market?
The pressure sensitive adhesive tape market is expected to grow at a healthy CAGR of 5.8% from 2023 to 2030, driven by factors like the booming packaging industry and expanding applications across various sectors.
Which region is the largest market for pressure sensitive adhesive tapes?
The Asia Pacific region currently holds the largest market share and is anticipated to maintain its dominance throughout the forecast period due to the rapid growth of industries like healthcare, electronics, and transportation.
What are some of the key players in the pressure sensitive adhesive tape market?
Major players include 3M, Nitto Denko, Avery Dennison, Tesa SE, and Henkel. These companies are adopting various strategies like expansions, acquisitions, and collaborations to drive market growth and cater to evolving industry demands.
What are the major challenges facing the pressure-sensitive adhesive tape market?
Fluctuations in raw material prices and limitations of certain tapes for rough surfaces and high temperatures are some of the challenges.