Specialty Tapes Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2030)

 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. 

A full Report of Specialty Tapes Market is Available @  https://www.omrglobal.com/industry-reports/specialty-tapes-market

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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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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