1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
FEATURED COMPANIES
- 3M Co.
- Avery Dennison Corp.
- Nitto Denko Corp.
- tesa SE.
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Splicing Tapes Market: About this market
Splicing tapes are adhesive tapes with single or double layers of the adhesive coating. The splicing tapes market analysis considers sales from acrylic, rubber, silicone, and others. The analysis also considers the sales of splicing tapes in APAC, Europe, North America, South America, and MEA. In 2018, the acrylic segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as wide use in paper and packaging industries and high resistance to sunlight and water will help the acrylic segment to maintain its market position. Also, the global splicing tapes market report looks at factors such as growing end-user industries, increasing demand from developing regions, and increasing electrical manufacturing in APAC. However, fluctuations in raw material prices, stringent environmental regulations, and slow growth of end-user industries in developed countries may hamper the growth of the splicing tapes industry over the forecast period.
Global Splicing Tapes Market: Overview
Growing end-user industries
The major application segments of splicing tapes are the paper and printing, packaging, electric and electronics, and labeling industries. Paper and paperboard packaging are popular in the food and beverage, personal care, and manufacturing industries. The demand for splicing tapes is growing in the electrical and electronic application. These tapes are highly resistant to salt water, steam oils, detergents, and chemicals and are thus suitable for electrical and electronics applications. Thus, suitable for power cable repair, bolted connections, pipe repair, and cellular towers. The global food and beverage packaging industry are projecting a demand for splicing tapes for manufacturing packaging food containers. This demand from end-users will lead to the expansion of the global splicing tapes market at a CAGR of over 3% during the forecast period.
Increasing use of silicone adhesives in splicing tapes
The adoption of silicone-based splicing tapes is increasing because of the widespread application of these tapes in the electric and electronic segment. Silicone is mainly used to modify the rheological properties of splicing tapes. It is chemically passive. non-sticky, non-flammable, non-toxic, and optically clear. Silicone-based adhesives, particularly two-sided silicone-based adhesives, are widely preferred for manufacturing tape. Due to silicone-based adhesive's efficient rheological properties, silicone protects the adhesive and restricts interaction between the paper or film and the adhesive. This increasing use of silicone adhesives in splicing tapes is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global splicing tapes market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading splicing tapes manufacturers, that include 3M Co., Avery Dennison Corp., Intertape Polymer Group Inc., Nitto Denko Corp., tesa SE.
Also, the splicing tapes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Splicing tapes are adhesive tapes with single or double layers of the adhesive coating. The splicing tapes market analysis considers sales from acrylic, rubber, silicone, and others. The analysis also considers the sales of splicing tapes in APAC, Europe, North America, South America, and MEA. In 2018, the acrylic segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as wide use in paper and packaging industries and high resistance to sunlight and water will help the acrylic segment to maintain its market position. Also, the global splicing tapes market report looks at factors such as growing end-user industries, increasing demand from developing regions, and increasing electrical manufacturing in APAC. However, fluctuations in raw material prices, stringent environmental regulations, and slow growth of end-user industries in developed countries may hamper the growth of the splicing tapes industry over the forecast period.
Global Splicing Tapes Market: Overview
Growing end-user industries
The major application segments of splicing tapes are the paper and printing, packaging, electric and electronics, and labeling industries. Paper and paperboard packaging are popular in the food and beverage, personal care, and manufacturing industries. The demand for splicing tapes is growing in the electrical and electronic application. These tapes are highly resistant to salt water, steam oils, detergents, and chemicals and are thus suitable for electrical and electronics applications. Thus, suitable for power cable repair, bolted connections, pipe repair, and cellular towers. The global food and beverage packaging industry are projecting a demand for splicing tapes for manufacturing packaging food containers. This demand from end-users will lead to the expansion of the global splicing tapes market at a CAGR of over 3% during the forecast period.
Increasing use of silicone adhesives in splicing tapes
The adoption of silicone-based splicing tapes is increasing because of the widespread application of these tapes in the electric and electronic segment. Silicone is mainly used to modify the rheological properties of splicing tapes. It is chemically passive. non-sticky, non-flammable, non-toxic, and optically clear. Silicone-based adhesives, particularly two-sided silicone-based adhesives, are widely preferred for manufacturing tape. Due to silicone-based adhesive's efficient rheological properties, silicone protects the adhesive and restricts interaction between the paper or film and the adhesive. This increasing use of silicone adhesives in splicing tapes is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global splicing tapes market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading splicing tapes manufacturers, that include 3M Co., Avery Dennison Corp., Intertape Polymer Group Inc., Nitto Denko Corp., tesa SE.
Also, the splicing tapes market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- 3M Co.
- Avery Dennison Corp.
- Nitto Denko Corp.
- tesa SE.
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY MATERIAL
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- 3M Co.
- Avery Dennison Corp.
- Nitto Denko Corp.
- tesa SE.
The following companies are recognised as the key players in the global splicing tapes market: 3M Co., Avery Dennison Corp., Intertape Polymer Group Inc., Nitto Denko Corp., tesa SE.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing use of silicone adhesives in splicing tapes.”
According to the report, one of the major drivers for this market is the growing end-user industries.
Further, the report states that one of the major factors hindering the growth of this market is the fluctuations in raw material prices.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing use of silicone adhesives in splicing tapes.”
According to the report, one of the major drivers for this market is the growing end-user industries.
Further, the report states that one of the major factors hindering the growth of this market is the fluctuations in raw material prices.
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- 3M Co.
- Avery Dennison Corp.
- Intertape Polymer Group Inc.
- Nitto Denko Corp.
- tesa SE.
Note: Product cover images may vary from those shown
