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Pressure Sensitive Tape Market Share, Size, Analysis, Growth,
Trends and Forecasts to 2024 | Hexa Research
“Rising automobile production in countries such as
Taiwan, South Korea, China, Malaysia, the U.S.,
Japan, and Germany is likely to increase the growth
of the pressure Sensitive tape market”
The global Pressure Sensitive Tape Market is expected to grow at a CAGR of over 6% and reach close to 69
billion during the forecast period (2016 to 2024). Increasing demand in the packaging of the corrugated box
packaging of food & beverages is likely to boost market growth in the coming years.
These tapes are vastly use in the construction of tunnels, bridges, roofing, cladding, glazing, water supply, and
air conditioning can promote the growth and expansion of the industry.
Use of biodegradable material for the manufacturing of these pressure sensitive tapes can fuel market growth
during the forecast period. Moreover, superior features like easy handling and processing is likely to stimulate
industrial development.
Development of newer specialty electrically conductive adhesive tapes for telecommunications equipment can
exhibit immense potential in the coming seven years. The pressure sensitive tape market is divided into
applications, backing material, product, and geographies.
Browse Details of Report @ https://www.hexaresearch.com/research-report/pressure-sensitive-tapes-
market
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