#Water-Based Adhesive Specialty Tapes Market Growth

[industryinsightsandanalysis]

Water-Based Adhesive Specialty Tapes Market: Trends, Drivers, and Future Outlook

The water-based adhesive specialty tapes market is gaining momentum, driven by increasing demand for environmentally friendly and high-performance adhesive solutions. Water-based adhesives, which use water as a solvent, offer significant advantages over their solvent-based counterparts, including lower volatile organic compound (VOC) emissions and improved safety. These benefits make them an attractive option across various industries such as automotive, healthcare, electronics, and construction.

Market Overview

Water-based adhesive specialty tapes are designed for specific applications requiring unique adhesive properties. These tapes are known for their strong adhesion, flexibility, and resistance to environmental factors such as moisture and temperature variations. The market for these tapes is expanding due to their versatile applications and the growing need for sustainable and eco-friendly products.

Key Market Drivers

1. Environmental Regulations: Stringent environmental regulations aimed at reducing VOC emissions are a significant driver for the adoption of water-based adhesive tapes. Governments and regulatory bodies across the globe are enforcing policies to limit the use of solvent-based adhesives, which release harmful chemicals into the environment. Water-based adhesives, with their lower VOC content, provide a compliant and eco-friendly alternative.

2. Sustainability Trends: There is a rising consumer and industrial demand for sustainable products. Water-based adhesive tapes, being less harmful to the environment, align with the global trend towards sustainability. Companies are increasingly adopting these tapes to meet their sustainability goals and reduce their environmental footprint.

3. Technological Advancements: Continuous advancements in adhesive technology are enhancing the performance and application range of water-based adhesive tapes. Innovations in formulation and manufacturing processes are improving the adhesion strength, durability, and resistance properties of these tapes, making them suitable for more demanding applications.

4. Industrial Growth: The rapid growth of industries such as automotive, electronics, and healthcare is fueling the demand for water-based adhesive specialty tapes. These industries require high-performance adhesive solutions for applications ranging from component assembly to packaging, which water-based tapes can effectively provide.

For a comprehensive analysis of the market drivers:- https://univdatos.com/report/water-based-adhesive-specialty-tapes-market/

Market Segmentation

The water-based adhesive specialty tapes market can be segmented based on type, application, and region:

- By Type: The market includes single-sided tapes, double-sided tapes, and transfer tapes. Each type has specific applications and benefits, catering to different industry needs.

- By Application: Applications span across various industries including automotive (for bonding and sealing), healthcare (for medical devices and surgical tapes), electronics (for component assembly and insulation), and construction (for bonding and sealing in building materials).

- By Region: The market is geographically segmented into North America, Europe, Asia-Pacific, and Rest of the World. Each region has distinct market dynamics influenced by regulatory policies, industrial growth, and consumer preferences.

Challenges and Opportunities

While the water-based adhesive specialty tapes market is growing, it faces several challenges:

- Performance Limitations: In some applications, water-based adhesives may not match the performance of solvent-based adhesives, particularly in extreme conditions. Research and development are ongoing to enhance the properties of water-based adhesives to meet these demands.

- Cost Considerations: The initial cost of water-based adhesives can be higher compared to traditional solvent-based adhesives. However, the long-term benefits, including compliance with environmental regulations and improved safety, often justify the investment.

Despite these challenges, the market offers numerous opportunities:

- Innovative Applications: The development of new applications and industries adopting water-based adhesive tapes will drive market growth. For example, the growing demand for electric vehicles (EVs) is creating opportunities for the use of these tapes in battery assembly and thermal management.

- Sustainability Initiatives: As more companies adopt sustainability initiatives, the demand for eco-friendly adhesive solutions will continue to rise, providing a significant boost to the water-based adhesive tapes market.

For a sample report, visit:- https://univdatos.com/get-a-free-sample-form-php/?product_id=39127

Future Outlook

The future of the water-based adhesive specialty tapes market looks promising, with strong growth expected across various industries. As regulatory pressures and consumer demand for sustainable products increase, the adoption of water-based adhesives will continue to rise. Technological advancements will further enhance the performance and application scope of these tapes, making them a preferred choice for many industrial applications.

In conclusion, the water-based adhesive specialty tapes market is set for robust growth, driven by environmental regulations, sustainability trends, and technological innovations. Companies investing in the development and adoption of these eco-friendly adhesive solutions will be well-positioned to capitalize on the emerging opportunities and contribute to a more sustainable future.

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Water-Based Adhesive Specialty Tapes Market is Led by Construction Industry

The water-based adhesive specialty tapes market will reach USD 9,514.9 million, advancing at a 6.5% compound annual growth rate, by 2030.

The progression of the water-based adhesive specialty tapes industry is primarily attributed to the growing automotive sector, advantages offered by water-based adhesive specialty tapes as compared to conventional bonding approaches, and surging demand for these tapes from the healthcare sector.

Water-based adhesive specialty tapes are extensively utilized in the automotive sector, because such protection tapes, foam tapes, and double-sided tapes are easy to remove or fix. Advancements in the technology of automotive and the arrival of new automobiles, for instance, aluminum trucks and smart cars, are likely to further boost the growth of the industry in the years to come.

In the past few years, the polyvinyl acetate (PVA) emulsion category, on the basis of resin type, accounted for the largest share in the industry. This can be primarily because of the fact that polyvinyl acetate adhesives offer clear, hard films that have excellent weather resistance and can survive oil, grease, petroleum fuels, and water.

Moreover, polyvinyl acetate also possesses properties such as an almost-invisible bond line, high initial tack, softening at temperatures between 30 to 45 °C, low cost, and good resistance to biodegradation.

In the past few years, the construction category, based on industry, accounted for the largest water-based adhesive specialty tapes market share, and it will remain the largest in the years to come. This is mainly because of the increasing need for these products for numerous applications, for instance, coatings, mortar modifications, and waterproofing.

Furthermore, the inexpensive housing and smart cities expansion are likely to boost the requirement for polyvinyl acetate-emulsion-adhesive specialty tapes in the sector of construction.

Additionally, this category will also observe the fastest growth in the years to come. This is mainly because of the high amount of utilization of APE-adhesive-based specialty tapes due to their exceptional non-flammable property and performance. Furthermore, these can be formulated into inks and overprint varnishes to impart rub resistance, water resistance, high gloss, and alkali resistance.

In the past few years, the APAC water-based adhesive specialty tapes industry accounted for the dominating share, and it will remain dominant in the years to come. This is primarily because of the growing healthcare, electrical & electronics, and automotive sectors, as well as the increase in disposable income and economic growth in the continent.

It is because of the growing automotive sector, enhanced advantages of these tapes over conventional bonding means, and surging product requirements in the healthcare sector, the water-based adhesive specialty tapes industry will continue to advance in the years to come.

Source: P&S Intelligence

[jedyfwf]

Acrylic Acid Market Review: Trends and Future Prospects

Understanding Acrylic Acid:

Acrylic acid is an organic compound with the chemical formula CH2=CHCOOH. It is a colorless liquid with a sharp, pungent odor and is primarily used as a precursor in the production of acrylic esters, acrylic polymers, and other specialty chemicals. Acrylic acid finds applications in industries such as adhesives, coatings, textiles, and personal care products.

Market Dynamics:

Adhesives and Sealants Industry: Acrylic acid is a key raw material in the production of pressure-sensitive adhesives and sealants, contributing to its significant demand in the construction, automotive, and packaging sectors.

Coatings and Paints: Acrylic acid and its derivatives are widely used in the formulation of water-based paints, coatings, and emulsions, owing to their excellent adhesion, weatherability, and UV resistance properties.

Textile Industry: Acrylic acid polymers are utilized in the textile industry for manufacturing synthetic fibers, carpets, and non-woven fabrics, benefiting from their softness, durability, and dyeability.

Personal Care Products: Acrylic acid-based polymers are employed in personal care products such as hair styling gels, skin care formulations, and hygiene products due to their film-forming and thickening properties.

Applications Across Industries:

Adhesives and Sealants: Pressure-sensitive adhesives, sealants, tapes.

Coatings and Paints: Water-based paints, coatings, emulsions.

Textiles: Synthetic fibers, carpets, non-woven fabrics.

Personal Care Products: Hair styling gels, skin care formulations, hygiene products.

Market Trends:

Shift towards Sustainable Solutions: The acrylic acid market is witnessing a growing demand for bio-based and eco-friendly acrylic acid derivatives to address environmental concerns and meet regulatory requirements.

Technological Innovations: Ongoing research and development efforts focus on improving acrylic acid production processes, developing new acrylic-based polymers, and enhancing product performance to meet evolving market needs.

Rising Demand in Emerging Economies: Rapid industrialization and urbanization in emerging economies drive the demand for acrylic acid-based products in various applications, contributing to market growth.

Future Prospects:

The global acrylic acid market is poised for significant growth, driven by its diverse applications, technological advancements, and increasing demand across industries. As industries continue to seek materials that offer performance, sustainability, and versatility, acrylic acid and its derivatives are expected to play a crucial role in meeting the evolving needs of diverse applications.

Conclusion:

Acrylic acid's versatility and wide-ranging applications have solidified its position as a key chemical in various industries. Navigating the global acrylic acid market requires a deep understanding of market dynamics, emerging trends, and the evolving needs of industries. With a promising future shaped by sustainability initiatives and technological advancements, acrylic acid remains a crucial component in the chemical landscape, offering solutions to meet the diverse demands of modern industries worldwide.

[medicaldevicesindustrynews]

Water-Based Adhesive Specialty Tapes Market Will Advance at a 6.5% CAGR

The water-based adhesive specialty tapes market will reach USD 9,514.9 million, advancing at a 6.5% compound annual growth rate, by 2030. The progression of the water-based adhesive specialty tapes industry is primarily attributed to the growing automotive sector, advantages offered by water-based adhesive specialty tapes as compared to conventional bonding approaches, and surging demand for…

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India Masking Tape Market Is Estimated To Witness High Growth Owing To Increased Demand For DIY Activities

The global India Masking Tape Market is estimated to be valued at US$ 237.8 Mn in 2022 and is expected to exhibit a CAGR of 4.59% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. A) Market Overview: Masking tape is a type of pressure-sensitive tape that is easy to tear and has strong adhesive properties. It is widely used in painting and DIY activities as it provides a clean and sharp edge, protecting surfaces from paint bleed and allowing for precise painting. The masking tape market in India is witnessing significant growth due to the rising popularity of DIY activities and increasing demand from the construction and automotive industries. The advantages of masking tape, such as easy application, residue-free removal, and cost-effectiveness, are driving its adoption in various applications. B) Market key trends: One key trend in the India masking tape market is the increasing adoption of eco-friendly and biodegradable masking tapes. With growing environmental concerns, consumers are becoming more conscious about using sustainable products. As a result, manufacturers are focusing on developing eco-friendly masking tapes made from renewable resources and using water-based adhesives. These tapes not only offer the same performance as traditional masking tapes but also reduce the environmental impact. For example, 3M India has launched a line of eco-friendly masking tapes made from renewable materials, addressing the growing demand for sustainable solutions in the market. C) PEST Analysis: Political: The political stability and favorable government policies in India have created a conducive environment for businesses to thrive. The government's focus on infrastructural development and the Make in India initiative have boosted the construction and manufacturing sectors, driving the demand for masking tapes. Economic: India's economic growth and increasing disposable income have contributed to the growth of the masking tape market. The rise in urbanization and the growing middle-class population have led to increased investment in housing and infrastructure, fueling the demand for masking tapes. D) Key Takeaways: The India Masking Tape Market Size is expected to witness high growth, exhibiting a CAGR of 4.59% over the forecast period. This growth can be attributed to increasing DIY activities and the rising demand from the construction and automotive industries. The advantages of masking tapes, such as clean and sharp edges, cost-effectiveness, and easy application, are driving their adoption in various applications. The Asia-Pacific region, especially India, is expected to be the fastest-growing and dominating region in the masking tape market. The booming construction sector, rapid urbanization, and government initiatives for infrastructure development are fueling the demand for masking tapes in India. Key players operating in the India masking tape market include 3M India, Berger Paints (Deon Tapes Industries Private Limited), Nitto Denko India Private Limited, Ajit Industries Private Limited (AIPL), Adhesive Specialties, Shaktiman Packaging Pvt. Ltd., Klingspor India Pvt. Ltd., Sumaxindia, Asian Paints (Scapa Tapes India Pvt Ltd), Pidilite Industries, S.R. Adhesive Tapes, Tesa Tapes India Pvt. Ltd., Lohmann Adhesive Tapes India Pvt. Ltd., Gomec Industries Pvt. Ltd., and Gripking Tapes India Pvt. Ltd. These key players are focusing on product innovation, partnerships, and mergers and acquisitions to stay competitive in the market. The India masking tape market is witnessing significant growth due to the increasing demand for DIY activities and the rising need for masking tapes in the construction and automotive industries. The adoption of eco-friendly masking tapes and advancements in adhesive technology are key trends shaping the market. With the Asia-Pacific region, especially India, expected to be the fastest-growing region, key players are actively investing in innovation and strategic collaborations to gain a competitive edge in the market.

[manojbh]

Automotive Adhesive Tape Market – Industry Trends, Key Highlights, size,share

The reliable Automotive Adhesive Tape market research study presents actionable market insights with which sustainable and money-spinning business strategies can be created. Here, market segmentation is performed in detail based on various parameters that include applications, verticals, deployment model, end user, and geography. All the information, facts, and statistics covered in the report lead to actionable ideas, improved decision-making and better deciding business strategies. The business report assists define, describe and forecast the market by type, application and region. With the complete comprehension of business goals and needs to bridge the gap, Automotive Adhesive Tape report is generated which delivers the most suitable solutions.

Furthermore, Automotive Adhesive Tape market report provides superior market perspective in terms of product trends, marketing strategy, future products, new geographical markets, future events, sales strategies, customer actions or behaviours. The report comprises of estimations of CAGR values which are quite significant and aids businesses to decide upon the investment value over the time period. The market study in this reliable market report also analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors by keeping SWOT analysis and Porter's Five Forces Analysis as a base. An insightful Automotive Adhesive Tape market report assists clients to stay ahead of the time and competition.

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Global Automotive Adhesive Tape Market Scope

The automotive adhesive tape market is segmented on the basis of product, material type, adhesive type, adhesive chemistry, technology and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

·         Double-Sided Tapes

·         Masking Tapes

·         Reinforced Tapes

·         Specialty Tapes

Material Type

·         Polypropylene

·         Polyvinylchloride

·         Paper

·         Others

Adhesive Type

·         Acrylic

·         Silicone

·         Rubber

·         Others

Adhesive Chemistry

·         Solvent

·         Emulsion

Technology

·         Water-Based

·         Solvent-Based

·         Hot-Melt-Based

Application

·         Interior

·         Exterior

·         Electronics

·         Body-in-White

·         Powertrains

·         Wire Harnessing

·         Chassis and Wheels

·         Others

Automotive Adhesive Tape Market Share Analysis

The automotive adhesive tape market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive adhesive tape market.

Some of the major players operating in the automotive adhesive tape market are

·         Rogers Corporation (U.S.)

·         LINTEC Corporation (Japan)

·         NITTO DENKO CORPORATION (Japan)

·         Adhesives Research, Inc. (U.S.)

·         Advance Tapes International (UK)

·         Dow (U.S.)

·         Ajit Industries Pvt. Ltd. (India)

·         The Chemours Company (U.S.)

·         3M (U.S.), H.B. Fuller Company (U.S.)

·         RPM International Inc. (U.S.)

·         Henkel AG & Co. KGaA (Germany)

·         Dupont (U.S.)

·         SOLVAY (Belgium)

·         American Biltrite (U.S.)

·         Berry Global Inc. (U.S.)

·         CCT (Coating & Converting Technologies, LLC) (U.S.)

·         DAIKIN (Japan)

·         Lohmann GmbH & Co. Kg (Germany)

·         Saint-Gobain (France)

Read Full Report@ https://www.databridgemarketresearch.com/reports/global-automotive-adhesive-tape-market

Automotive Adhesive Tape Market Regional Analysis/Insights

The automotive adhesive tape market is analyzed and market size insights and trends are provided by country, product, material type, adhesive type, adhesive chemistry, technology and application as referenced above.

The countries covered in the automotive adhesive tape market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the automotive adhesive tape market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the rising urban population and accessibility of low labor at cheap cost.

Europe, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the growing usage of adhesive tapes across several countries and rising development of lightweight and more effective vehicle within the region.

Our Reports Will Help Clients Solve the Following Issues:

Uncertainty about the future: Our research and insights assist our clients forecast revenue compartments and growth ranges in the future. This will assist our clients in investing in or selling their assets.

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For a strategy, it is critical to have an objective understanding of market opinions. Our research provides a clear picture of market mood. We maintain this surveillance by engaging with Key Opinion Leaders from each industry's value chain.

Recognizing the most dependable investment hubs:

Our analysis assesses market investment centres based on projected demand, returns, and profit margins. By using our market research, our clients may concentrate on the most important investment centres.

Identifying and assessing possible business partners:

Our research and insights assist our clients in identifying business partners.

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Painting Masking Tapes Market Size 2023 | Key Growth Drivers and Latest Opportunities

The painting masking tapes market refers to the industry involved in the production, distribution, and sales of masking tapes specifically designed for use in painting applications. These tapes are used by both professional painters and do-it-yourself (DIY) enthusiasts to achieve clean and precise paint lines while protecting surfaces that should not be painted.

Here is some full information about the painting masking tapes market:

Overview: Painting masking tapes are made of a thin and flexible material, typically paper or a combination of paper and adhesive. They have a low adhesive strength that allows for easy removal without leaving residue or damaging the underlying surface. These tapes are available in various widths and lengths to accommodate different painting projects.

Applications: Painting masking tapes find extensive use in a wide range of applications, including:

Interior and exterior painting projects

Automotive painting

Industrial painting

Arts and crafts projects

Decorating and home improvement projects

Key Features: The following are some key features of painting masking tapes:

Easy application and removal

Good conformability to irregular surfaces

Clean and sharp paint lines

Resistant to paint bleeding or seepage

UV resistance (for outdoor applications)

Moisture resistance

Compatibility with a variety of paint types (e.g., water-based, solvent-based)

Market Drivers: Several factors contribute to the growth and demand for painting masking tapes:

Increasing construction and infrastructure development activities

Growing automotive industry

Rise in DIY home improvement projects

Expansion of the arts and crafts sector

Advancements in tape technology, leading to improved performance

Market Trends: Some notable trends in the painting masking tapes market include:

Introduction of eco-friendly and biodegradable tapes

Development of tapes with enhanced adhesion on difficult surfaces

Customizable tapes with branding or specific designs

Integration of smart technologies, such as temperature-sensitive tapes for automotive painting

Market Segmentation: The painting masking tapes market can be segmented based on various factors, including:

Tape type: Paper masking tapes, crepe masking tapes, fine line masking tapes, foam masking tapes, etc.

End-user industry: Construction, automotive, aerospace, marine, general manufacturing, arts and crafts, etc.

Distribution channel: Hardware stores, online retail, specialty stores, paint suppliers, etc.

Geography: North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Key Players: Some of the prominent companies operating in the painting masking tapes market include:

3M Company

Nitto Denko Corporation

Tesa SE

Saint-Gobain Performance Plastics

Avery Dennison Corporation

Scapa Group PLC

Shurtape Technologies, LLC

Intertape Polymer Group

American Biltrite Inc.

Advance Tapes International Ltd.

Market Outlook: The painting masking tapes market is expected to witness steady growth in the coming years, driven by increasing construction activities, rising demand for automotive refinishing, and the growing popularity of DIY projects. Technological advancements and the development of eco-friendly tape options are likely to contribute to market expansion as well.

It's important to note that the information provided is based on the knowledge available up to September 2021, and the market conditions may have evolved since then.

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Europe Nondestructive Testing Equipment Industry: Future Demand, Market Analysis & Outlook upto 2030

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Global Adhesive Tapes Market Report, Key Drivers, Size, Share, Industry Analysis 2021-2027

The Global Water-Based Adhesive Specialty Tapes Market is projected to reach USD 8.5 billion by 2027, witnessing a CAGR of 6.67% during the forecast period 2021-2027.

To assist companies in developing their business plans, the research examines the major factors influencing the growth of the Global Water-Based Adhesive Specialty Tapes Market, also including Drivers, Constraints, Governmental Policies, Opportunities, Challenges, a Constructive Approach, and Market Economic Expansion Strategies.

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Water-Based Adhesive Specialty Tapes Market Size and Future Scope

A number of factors such as the booming automotive sector, surging public awareness about the advantages of such tapes, burgeoning demand for medical products, and rapid technological advancements in the healthcare industry, are expected to drive the water-based adhesive specialty tapes market at a CAGR of 6.5% during the forecast period (2020–2030). According to P&S Intelligence, the market was valued at $5,093.2 million in 2020 and it will generate $9,514.9 million revenue by 2030.

The expanding automotive industry is driving the demand for water-based adhesive specialty tapes worldwide. According to the International Organization of Motor Vehicle Manufacturers (OICA), 77,621,582 vehicles were manufactured and 77,971,234 vehicles were sold globally in 2020. In addition, rapid technological developments in the automobile sector and the introduction of new vehicles are also fueling the demand for water-based adhesive specialty tapes. The automotive industry uses water-based adhesive specialty tapes as double-sided tapes, foam tapes, and protection tapes because they are easy to fix and remove.

Besides, the escalating demand for medical products will also support the water-based adhesive specialty tapes market growth globally. These tapes are used as waterproof tapes and surgical tapes for covering wounds and incisions, as they have antigenic properties and can hold tightly onto the bandage, dressing material, or skin. Additionally, the surging inflow of investments in the healthcare sector is also a key contributor to the market growth.

The resin type segment of the water-based adhesive specialty tapes market is classified into vinyl acetate ethylene (VAE) emulsion, styrene butadiene (SB) latex, polyurethane dispersion (PUD), polyvinyl acetate (PVA) emulsion, acrylic polymer emulsion (APE), and others. In 2020, the PVA emulsion category accounted for the largest market share due to the high initial tack, low cost, and good biodegradation resistance of such resins. PVA emulsion adhesives produce hard and clear films that can withstand water, oil, grease, and petroleum fuels and are resistant to weather conditions.

Globally, the Asia-Pacific (APAC) water-based adhesives specialty tapes market generated the highest revenue in 2020, and it is expected to continue this trend throughout the forecast period. This can be credited to the expanding healthcare, electrical and electronics, and automotive industries and surging disposable income of people in the region and the prospering economy of the regional countries. For example, the OICA states that China, India, Japan, and South Korea manufactured 25,225,242 units, 3,394,446 units, 8,067,557 units, and 3,506,774 units of vehicles, respectively, in 2020.

Therefore, the prospering automotive industry and soaring demand for healthcare products are prominent growth drivers of the market.

[industryinsightsandanalysis]

Water-Based Adhesive Specialty Tapes Market – Global Industry Analysis, Size, Share, Growth & Forecast (2022-2028)

Water-Based glue specialty tapes otherwise called water-borne cement is a sort of cement that is made from solvent engineered or regular polymers. They are developed by combining water, polymers, and additives and can be made from natural or man-made materials. They work well on substrates that are porous or not. These glues might be planned as arrangements and are actuated as the water vanishes or is consumed by the substrate. Likewise, they are used in various applications, including paper and bundling, tapes, and names, building and development, and car and transportation, due to their adaptability and fast setting time. Additionally, the healthcare sector makes extensive use of specialty adhesive tapes that are based on water. It is specifically used to cover wounds and incisions in waterproof and surgical tapes. These tapes have antigenic properties, and they grasp onto the skin, gauze, or dressing material.

Due to the variety of essential qualities it possesses, including durability, adaptability, and affordability, the Water-Based Adhesive Specialty Tapes Market is anticipated to expand at a steady rate of approximately 6%. Significant organizations in the market offer water-based cement specialty tapes for buyers inside the auto business for productive, solid assembling processes and tastefully satisfying, sturdy securities. For instance, Bostik SA introduced Aquagrip 3720, a water-based adhesive for interior assembly applications in automobiles, in August 2020.

Access a sample report, which includes figures, graphs, and charts: The market is segmented into acrylic polymer emulsion (APE), polyvinyl acetate (PVA) emulsion, polyurethane dispersion (PUD), vinyl acetate-ethylene (VAE), and styrene-butadiene (sb) latex based on the type of resin. The PVA emulsion classification is to witness higher CAGR before long as it creates clear, hard movies that have great climate opposition and can areas of strength for endure against natural powers, water, oil, oil, and petrol energizes. In addition, PVA emulsions are inexpensive, have a high initial tack, a bond line that is almost invisible, soften at 30–45 °C, and are resistant to biodegradation. Additionally, because of their ease of use and superior adhesion, polyvinyl acetate (PVA) emulsions are frequently utilized as paper and woodwork adhesives. After being repackaged into smaller containers, it is even utilized as an adhesive or glue for household use.

Automotive, electrical and electronics, construction, healthcare, logistics, and electric vehicles are the application-based segments of the market. The medical services classification is to observe critical development during the figure time frame. With the rising rate of ongoing and intense illnesses, wounds, consumes, and other medical problems, the medical care area is developing. It can be used to cover wounds and incisions in waterproof and surgical tapes, among other applications. These tapes also hold tightly to the skin, bandage, or dressing material and have antigenic properties. As a result, the market for water-based adhesive specialty tapes is anticipated to expand in the coming years as a result of a rise in demand for medical products, technological advancements, and increased investment in the healthcare sector.

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For a superior comprehension of the market reception of the water-based glue specialty tapes industry, the market is broke down in light of its overall presence in the nations like North America (U.S., Canada, Rest of North America), Europe (Germany, The Unified Realm, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. During the forecast period, it is anticipated that Asia-Pacific will expand at a substantial CAGR. Because of the popularity for conventional injury care items, for example, dry dressings, emergency treatment packs, and cement gauzes in the district. The region's market is also expanding due to the expanding automotive, healthcare, and electrical and electronics industries, as well as economic expansion and rising disposable income. The market's major players are also contributing to its expansion. For example, in November 2020, Pidilite Ventures, an Indian cements fabricating organization procured Huntsman Enterprise to add serious areas of strength for extremely to the market. In addition, the government is investing in the sector and contributing to its growth. For instance, the size of the Indian healthcare industry is anticipated to reach $372 billion by 2022, according to the National Institution for Transforming India (NITI) Aayog.

A portion of the key part working in the market incorporate 3M Organization, Nitto Denko Enterprise, Tesa SE, LINTEC Enterprise, Shurtape Innovations LLC, Lohmann GmbH and Co. KG, Intertape Polymer Gathering Inc., Ashland Worldwide Possessions Inc., Henkel AG and Co. KGaA, H.B. Fuller Organization.

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Hot Melt Adhesive Tapes Market Analysis by Current Industry Status and Growth Opportunities, Top Key Players, Target Audience and Forecast to 2028

This hot melt adhesive tapes market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on the hot melt adhesive tapes market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you take an informed market decision to achieve market growth.

Market Analysis and Insights : Global Hot Melt Adhesive Tapes Market

The hot melt adhesive tapes market is expected to witness market growth at a rate of 10.9% in the forecast period of 2021 to 2028. Data Bridge Market Research report on hot melt adhesive tapes market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the need from the packaging and non-woven products application is escalating the growth of the hot melt adhesive tapes market.

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 Hot melt adhesive is known to provide surface application on several materials like fabric, papers, cardboard, metals, plastics, and so forth due to its widespread demand for the D.I.Y. application. D.I.Y. application includes craft, paper, woodwork, and plastic packaging. Hot melt adhesives do not need to be curated and dried. They can be applied in the molten state and, therefore, can be bonded directly after the application.

 Major factors that are expected to boost the growth of the hot melt adhesive tapes market in the forecast period are the rise in the acceptance of hot melt adhesive technology. Furthermore, the increase in the utilization of hot melt adhesive tapes in various applications is further anticipated to propel the growth of the hot melt adhesive tapes market. On the other hand, the lesser thermal resistance in comparison to the solvent-based and water-based adhesive tapes is further projected to impede the growth of the hot melt adhesive tapes market in the timeline period.

 In addition, the rise in the packaging industry in the advancing countries will further provide potential opportunities for the growth of the hot melt adhesive tapes market in the coming years. However, the inadequate amount of utilization in high-temperature applications might further challenge the growth of the hot melt adhesive tapes market in the near future. 

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 Hot Melt Adhesive Tapes Market Scope and Market Size

The hot melt adhesive tapes market is segmented on the basis of adhesive resin type, backing material, tape type, product type, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

 On the basis of adhesive resin type, the hot melt adhesive tapes market is segmented into rubber, silicone, and others.

On the basis of backing material, the hot melt adhesive tapes market is segmented into polypropylene (P.P.), polyester and others.

On the basis of tape type, the hot melt adhesive tapes market is segmented into single-sided tape and others.

On the basis of product type, the hot melt adhesive tapes market is segmented into commodity tapes and specialty tapes.

On the basis of application, the hot melt adhesive tapes market is segmented into packaging, consumer and D.I.Y., masking, healthcare and hygiene, and others.

Hot Melt Adhesive Tapes Market Country Level Analysis

The hot melt adhesive tapes market is analyzed, and market size, volume information is provided by country, adhesive resin type, backing material, tape type, product type, and application as referenced above.

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 The countries covered in the hot melt adhesive tapes market report are the U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, rest of the Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and rest of South America as part of South America.

 The Asia Pacific dominates the hot melt adhesive tapes market due to the rise in the end-user industries such as packaging, electronics, and automotive. Furthermore, the increase in the demand for non-woven products will further boost the growth of the hot melt adhesive tapes market in the region during the forecast period. North America is projected to observe a significant amount of growth in the hot melt adhesive tapes market due to the growth in the automotive, woodworking, and construction sectors. Moreover, the occurrence of chief packaging producers is further anticipated to propel the growth of the hot melt adhesive tapes market in the region in the coming years.

 The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

 Competitive Landscape and Hot Melt Adhesive Tapes Market Share Analysis

The hot melt adhesive tapes market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the hot melt adhesive tapes market.

 The major players covered in the hot melt adhesive tapes market report are 3M, T.E. Connectivity, AVERY DENNISON CORPORATION, ACHEM, Beiersdorf AG, Shurtape Technologies, L.L.C., NITTO DENKO CORPORATION, Vibac S.p.a., Intertape Polymer Group, AMERICAN BILTRITE INC, hyStik Inc, American Casting MFG., General Sealants, FABO s.p.a., Irplast S.p.A., Pitamas, Pro Tapes & Specialties, Inc. and P.P.M. Industries Group among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (M.E.A.), and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

 Global Hot Melt Adhesive Tapes Market, By Adhesive Resin Type (Rubber, Silicone, and Others), Backing Material (Polypropylene (P.P.), Polyester and Others), Tape Type (Single-Sided Tape and Others), Product Type (Commodity Tapes and Specialty Tapes), Application (Packaging, Consumer and D.I.Y., Masking, Healthcare and Hygiene, and Others), and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa) Industry Trends and Forecast to 2028.

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Medical Adhesives Market Growth by Top Companies And Forecast Analysis Report till 2025

October 11, 2021: The global Medical Adhesives Market crossed USD 7.59 billion in 2016. Medical adhesion has grown tremendously in the last two decades. Prevalence of skin injury and non-recognized severities occurring across clinical care settings and all age groups are expected to drive the market in the years to come. By using proper techniques for application and removal of adhesive products, tissue trauma can prevail; which, in turn, creates an impact for patient safety, thus increasing the costs of healthcare facilities.

Medical adhesives tend to be an inseparable part of healthcare delivery and widely used in every specialty for all medical settings. Medical adhesives are extensively used in hospitals to deploy medical dressings, life support equipment and monitoring devices that require meticulous consideration and proper knowledge on skin and adhesives. Medical pressure sensitive products are vital in the medical device industry and prominently used in hospitals. These medical products comprise adhesive transfer tapes, double and single side coated tapes.

The adhesive tapes are normally used by medical OEMs to comply with medical devices, pouches, and strips for medical diagnosis to manage waste discharges. Single side coatings are used as medical tapes, surgical drapes, wound dressings, skin attachments for electrodes, medical sensors, and IV dressings. With the increase in global population coupled with use of novel production techniques, the market for medical adhesives industry witnesses an upward traction.

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The medical adhesives market is driven by factors such as rise in consumer health awareness coupled with increasing demand for medical adhesion. In addition, the use of novel production techniques having a wide range of applications for dental surgeries and numerous technological advances have propelled the market growth in the near future.

Medical adhesives industry segmentation is based on type such as cyanoacrylate, polyurethane, epoxy silicone, and acrylic adhesive. Based on application segment, the medical adhesives market include pressure sensitive, wound closure and tissue bonding.

Geographic segmentation for medical adhesives industry include North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. North America market accounted for a significant CAGR in 2016 and estimated to register higher CAGR during the forecast period. Asia-Pacific market for medical adhesives is likely to grow at a significant CAGR in the forthcoming period owing to the cost-effective features and versatility offered by medical adhesives. The key players in the medical adhesives market include 3M Company, H.B. Fuller Ashland, The DOW Chemical Company, Henkel AG & Co, Bostik Ltd, Ethicon, Chemence Ltd, Avery Dennison Corporation and Cohera Medical Inc.

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Market Segment:

Resin Type Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Acrylic Adhesive

• Polyurethane

• Cyanoacrylate

• Epoxy

• Silicone

• Others

Technology Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Water-based

• Solvent-based

• Hot Melt

• Others

Application Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• Dental

• Medical Device & Equipment

• Internal Medical Application

• External Medical Application

• Others

Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2014 - 2025)

• North America

• U.S.

• Canada

• Mexico

• Europe

• Germany

• UK

• France

• Asia Pacific

• China

• Japan

• India

• The Middle East & Africa

• Central & South America

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Pressure Sensitive Adhesives Market Determined by Business Summary, Industry Profile, Products, Services and Solutions Forecast 2024

Industry Insights

The global Pressure Sensitive Adhesives Market was valued at USD 8.81 billion in 2015. The market is driven by the increasing consumption of the product in construction, consumer goods, automotive, and packaging industries. The rising requirements for reducing weight in products providing high bonding solutions is expected to drive market growth.

The increasing use of low-cost engineering and lightweight plastics in numerous end-use applications such as electronics, construction, and automotive is expected to have a positive impact on the PSA market demand. The low plastic materials are evolving as substitutes for wood assembly, construction material, glass, and heavy materials.

The demand for PSA in the automotive sector is increasing owing to the pressure for reduction in emission from regulatory bodies coupled with increased mileage performance is likely to propel market growth. The rising acceptance of RFID labels (wireless tags) in end-use applications including medical, packaging, architecture, and automotive on account of their contribution in managing inventory is likely to aid PSA market growth.

The regulations regarding reducing carbon & Green House Gases (GHG) emissions by improving fuel efficiency has attracted the OEM automotive towards plastics as substitutes for metals including steel and aluminium, thereby aiding PSA market growth.

The cultural and social factors including increased spending on lifestyle products, increased income of nuclear families and a high number of working women are likely to affect market dynamics. These factors augment the growth in major industries including consumer goods, electronics & electrical, and packaging.

Technology Insights

The demand for water-based PSA is expected witness fastest growth on account of its eco-friendly and low-cost characteristics. The attributes of water-based PSA such as high resistance to UV radiation, temperature, and chemicals coupled with high sheer, peel & tack bonding well with polymer, polycarbonates, and glass & metal surfaces have enabled their scope of applications.

The labeling segment is the largest application of water-based PSAs having wide product range such as CDs, vegetables & fruits, electronic devices owing to its superior moisture adhesion coupled with high tack. In addition, their low cost and multiple properties have aided in their growth over conventional polymers.

The solvent-based PSAs are acrylic polymers produced from crude oil solvents offering high tensile strength. In addition, the peel & sheer strength provided by them is higher than water-based PSAs. Solvent-based products are used in Asia Pacific region on account of relaxed regulations on emissions. The use of the product in the automobile industry is high on account of their resistance to fluids including gasoline, brake fluid antifreeze, & oil and chemicals.

Product Insights

The largest product segment was labels at CAGR of over 5% owing to the rising demand for retail labeling and RFID labels. The key driving factor for the growth in this segment is a wide range of applications in security, health & beauty, food & beverage, and transportation industry.

RFID labels contributed to one of the largest application segment owing to their ability to track security and inventory locations including sea ports, shopping malls, and companies. Graphics application accounts for a small market share as opposed to tapes and labels is a potential future market owing to a wide range of applications in cushioning and home décor.

Tapes dominate the market with wide application scope in construction & building, medical, electrical, and automotive industries. They are used in mounting, HVAC & pipe wrapping, splicing, casketing, sealing, and masking.

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End-use Insights

The dominant end-use segment was packaging accounting for over 25% of the market volume in 2015, owing to the high use of the product in food packaging industry. The advent of packaging technology coupled with increased requirement of PSAs flexible materials on account of its attributes including good adhesion at low temperature is anticipated to fuel market demand.

The extensive use of the product in electronics & electrical industries is on account of its performance specifications including easy application, strong bond strength, easy application, and transparency coupled with decreased processing time. The electronic appliances including refrigerators and microwaves together with membrane switches are likely to have a positive impact on PSA market growth.

The PSAs are widely used as substitutes for mechanical fasteners and liquid epoxies on account of its attributes including clean application, ease of handling, thickness control, flexibility, consistent bond, and mess-free processing. The rising need for use of automation, fast prototyping, and quick changeover are anticipated to fuel market growth in the electrical & electronics segment.

Regional Insights

Asia Pacific contributed to over 45% of the market volume in 2015. The easy availability o funds via personal loans and EMI coupled with increasing disposable income is expected to drive market growth in the region. The demand for the product is primarily from the electronic & electrical and automotive industries.

The variation in consumer preferences with regard to convenience and processed food is expected to propel PSA market demand in Central & South America for the labeling application segment. The emerging economies including Brazil and Uruguay are undergoing sharp industrial growth together with large investments in automotive and construction industries.

The stringent regulations regarding VOC emissions together with fuel efficiency norms are likely to result in the sluggish growth of the product in North America and Europe regions. The regulatory agencies including REACH, U.S., and EPA have strict norms to improve sustainability. This includes considerable investment by the companies to develop eco-friendly product portfolio in accordance with the norms.

Competitive Insights

The global PSA market is fragmented with the presence of various large and small scale companies. The major companies are 3M, Bostik, Avery Dennison, H.B. Fuller, Dow Chemicals, Sika, Henkel, and Ashland. The other players include Drytac, Collano Adhesives, Franklin Adhesives & Polymers, Novamelt, Scapa, and Jesons Industries.

The major companies in the market focus on developing their existing product portfolio together with the development of new, competitive, and innovative products. Ashland launched Arocure UV-curable PSAs based on hot-melt technology for application in specialty tapes. The widely used product strategy implemented by most of the companies is product innovation.

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Calcium carbonate market to reach a value of ~us$ 28 bn by 2027: TRANSPARENCY MARKET RESEARCH

Global Calcium Carbonate Market: Key Highlights

In terms of value, the global calcium carbonate market is anticipated to expand at a CAGR of ~6% from 2019 to 2027.

Calcium carbonate is widely used as a filler or pigment in paper, plastic, and paints & coatings. It is also used as a dietary supplement.

The demand for precipitated as well as ground calcium carbonate in these end-use industries has been continuously rising. As such, the global calcium carbonate market is estimated to expand at a steady pace during the forecast period.

Calcium carbonate is used as an inexpensive dietary calcium supplement and antacid. Other applications of calcium carbonate are the polishing and cleaning of rice, and as a cleaning component in shoe polish.

According to research conducted by the Washington University in St. Louis, Missouri, in 2016, the growth of cancerous tumors can be restricted using nanoparticles of calcium carbonate. Nanoparticles act on the pH of tumors, and change the pH from acidic to alkaline.

Researchers are striving to determine the compatibility of calcium carbonate nanoparticles with chemotherapy drugs, and the optimal dose of these particles to prevent the metastasis of tumors. The usage of calcium carbonate nanoparticles as a measure against cancer is a new development in the medical field. This is expected to boost the demand for calcium carbonate in the healthcare industry.

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Regulatory Framework for Mining Calcium Carbonate to Hamper Demand

Rise in human health and environmental concerns due to release of toxins such as dioxins and dioxin-like polychlorinated biphenyls during calcium carbonate mining is restricting the growth of the global calcium carbonate market. A large number of regulatory approvals are required to mine calcium carbonate from its reserves. This factor may hamper the global calcium carbonate market during the forecast period.

Calcium carbonate is mined from limestone. Limestone is essential for maintaining underground water levels, and excess mining of calcium carbonate could lead to water depletion.

Dust released during quarrying limestone affects the health of individuals. It causes allergy in the eyes, nose, mucous membrane, and skin of human beings. Exposure to this dust also causes coughing, sneezing, and nasal irritation. Thus, Occupational Safety and Health (OSHA) mandates certain industrial practices, such as the use of respirators when the concentration of calcium carbonate exceeds the prescribed limit in the U.S.

Europe has laid down the CLP Regulation for the usage of calcium carbonate. The regulation involves the classification, labelling, and packaging of substances and mixtures. The objective of this regulation is to determine which properties of substances and mixtures are classified as hazardous.

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Ground Calcium Carbonate Product to Lead Global Calcium Carbonate Market

In terms of product, the ground calcium carbonate segment accounted for a major share of ~70% of the global calcium carbonate market in 2018. The dominance of this segment is expected to continue during the forecast period.

There is high demand for ground calcium carbonate in China, owing to rise in the application of paper and plastic products in the country.

The ground calcium carbonate product segment has been sub-categorized into uncoated ground calcium carbonate and coated ground calcium carbonate. Among these two, the uncoated ground calcium carbonate sub-segment accounted for a major share of ~ 80% of the uncoated ground calcium carbonate segment in 2018.

Precipitated calcium carbonate (PCC), being synthetically produced, is expensive as compared to ground calcium carbonate, and hence, is used in only a few applications.

High Demand for Calcium Carbonate in Paper End-use Industry

Based on end-use industry, the global calcium carbonate market has been segregated into paper, plastic, paint, rubber, adhesives & sealants, building & construction, and others.

The paper end-use industry segment accounted for a high share of ~35% of the global calcium carbonate market in 2018. Calcium carbonate is primarily employed as a filler in the manufacturing of paper. It is also used as a key ingredient in plastic waterproof cement and tape joint cement.

Ground calcium carbonate is widely used as an additive in plastic manufacturing in injection molding, blow molding, and extrusion coating. It allows polymers to heat and cool rapidly, which helps in high productivity, output, and fast conversion for plastic producers. It reduces energy use during the plastic manufacturing process, and minimizes the carbon footprint and greenhouse gas impact of finished plastic products.

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Asia Pacific a Lucrative Market for Calcium Carbonate

The calcium carbonate market in Asia Pacific is likely to grow at a significant pace, with a rise in the demand for calcium carbonate in China. High consumption of calcium carbonate in China can be attributed to factors such as increasing production of paper and rising demand for paints & coatings due to increased construction activities in the country.

India is anticipated to become a prominent market for plastics, globally, in the near future. Significant increase in market size and demand for plastic is expected to render India as a major destination for plastic consumption. The calcium carbonate market in Asia Pacific is likely to increase due to growing demand for plastics applications by 2027.

The paper industry in Asia Pacific, particularly in China and India, is projected to witness moderate rise in the consumption of calcium carbonate for its use as a filler, in the near future. China and India are anticipated to be key markets for calcium carbonate by 2027.

Calcium Carbonate Market: Competition Landscape

In November 2017, Imerys completed the acquisition of Micron-Ita, a Brazil-based manufacturer of micronized ground calcium carbonates for polymer application. With this, Imerys is expected to strengthen its presence by catering to polymer applications.

In October 2017, Minerals Technologies Inc. announced that it had entered into an agreement with PT Pindo Deli Pulp and Paper Mills, to construct a satellite PCC plant in Indonesia with an annual capacity of 80,000 metric tons.

In May 2019, Minerals Technologies Inc. signed an agreement with Century Pulp & Paper, a Division of Century Textiles and Industries Limited, to install and operate a 45,000 metric ton per year satellite PCC plant in India.

Key manufacturers operating in the global calcium carbonate market include:

Imerys

Minerals Technologies Inc

Omya AG

Huber Engineered Materials

Mississippi Lime Company

Shiraishi Kogyo Kaisha Ltd

OKUTAMA KOGYO CO., LTD.

Newpark Resources Inc

Zhenjiang Jiande Longhua Plastic Chemical Co., Ltd

Yuncheng Chemical Industrial CO., Ltd

Nordkalk Corporation

Global Calcium Carbonate Industries

Calcit d.o.o

Schaefer Kalk GmbH & Co KG

Maruo Calcium Co. Ltd.

Companies in the Calcium Carbonate market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.

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Global Double-Sided Tape Market Size, Share, Impressive Industry Growth Report 2027

The global double-sided tape market is anticipated to grow at a CAGR of 8.4% during the forecast period (2021-2027). The key companies across the globe are highly inclined towards the adoption of different growth strategies including capacity expansion, agreements, collaborations, mergers and acquisitions, new product launches, and product innovation to remain competitive in the marketplace. For instance, in March 2021, Avery Dennison Corp. has announced that it has acquired JDC Solutions, Inc., a Mount Juliet-based manufacturer of pressure-sensitive specialty tapes. The company’s specialty tapes are used for a variety of industrial applications and have a better relationship with the US companies that are serving the automotive, consumer appliance, and building and construction industries, among others. It has also acquired, Yongle Tape, a China-based company for around $245 million in Feb 2017. The acquisitions by the company were done to expand its presence at various locations and to serve tapes to many industries.

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In March 2020, OpenGate Capital announced that its portfolio company, Duraco Specialty Tapes, a manufacturer of pressure-sensitive tapes, has acquired Infinity Tapes, a manufacturer of customized adhesive products. Additionally, in June 2018, FindTape was pleased to announce a relationship with Tesa SE tape, inc., a manufacturer of pressure-sensitive adhesives serving various industries including appliance, automotive, building supply, electronics, industrial, paper, and print, and transportation. However, the mergers & acquisitions, partnerships, collaboration, and others by the major key players in fostering the global double-sided tape market during the forecast period. Additionally, the companies have adopted this type of strategy for the expansion of geographical presence and product portfolio across the globe.

A Full Report of Global Double-Sided Tape Market is Available at: https://www.omrglobal.com/industry-reports/double-sided-tape-market

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How COVID-19 impacted the market?

o          Deviation from the pre-COVID-19 forecast

o          Most affected region and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Double-Sided Tape Market Report Segment

By Resin Type

Acrylic

Rubber

Silicone

Others (Paper)

By Technology

Solvent-Based

Water-Based

Hot-Melt

By Backing Material

Foam

Paper/Tissue

Film

Fastening Material

Others (Metal Foil and Polyester)

By End-Users

Automotive & Transportation

Construction

Paper & Print

Medical Devices

Electrical & Electronics

Packaging

Others (Oil & Gas, Defense, and Appliances)

Global Double-Sided Tape Market Report Segment by Region

North America          

US

Canada

Europe

Germany

United Kingdom

France

Spain

Italy

Rest of Europe

Asia-Pacific    

China

Japan

India

Rest of Asia-Pacific

Rest of the World

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

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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.

Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: anurag@omrglobal.com Contact no: +91 780-304-0404