Adhesive Tapes Market Share| COVID-19 Analysis and Outlook

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 The exponential demand from the automotive industry is projected to play an important role in the proliferation of the Adhesive Tapes Market Share. Also, the product is extensively used in the construction industry.

Regional Analysis:

The global Adhesive Tapes Market Share is profiled in detail on the basis of regions. The four key regions identified in the analysis are - North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). These regions are further narrowed down to the level of prime country-level markets. North America is expected to retain the pole position over the next couple of years. The growth of the industrial sector in the region is expected to drive growth of the regional market in the coming years. However, the residential applications of these tapes are also projected to cater to a considerable fraction of the total demand. It is anticipated to lead the expansion of the Adhesive Tapes Market Share in the foreseeable future. Asia Pacific is observed to be witnessing rapid developments. It can be accredited to the rising developments in the industrial sector. Increasing urban population in the region is poised to drive the demand for residential applications, thus, supporting market growth.

Segmentation:

Based on the technology, the Adhesive Tapes Market Share has been segmented into solvent, hot melt, and others.

By application, the global Adhesive Tapes Market Share has been segmented into consumer, food & beverages, construction, healthcare, automotive, and others.

Competitive Dashboard:

3M Company, Tesa SE, Avery Dennison Corporation, Nitto Denko Corporation, Henkel AG & Company KGaA, Lintec Corporation, Intertape Polymer Group, Shurtape Technologies LLC, Lintec Corporation, Lohmann GmbH & Co.KG., and Scapa Group Plc. are few of the eminent players of the Adhesive Tapes Market Share. These players are anticipated to invest in new technologies that are more effective and efficient.

Industry News:

In April 2019, 3M company, an American multinational conglomerate corporation, has announced the launch of role adhesives for wearables, Extended Wear Medical Transfer Adhesive 4075.

 

 

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