Chemicals and Materials Adhesive Tapes Market New | Page 2

which can translate into high production rates. In the US, hot-melt technology is widely
used in tape production by key players, such as 3M Company (US) and Intertape Polymer
Group, Inc. (Canada).
Based on backing substrate, the paper segment of the Adhesive Tapes Market is
expected to grow at the highest CAGR during the forecast period.
The paper segment is projected to grow at the highest CAGR from 2017 to 2022. Smooth or
crepe paper with different elongation degrees and tensile strengths are used as a backing
material for adhesive tapes. Paper adhesive tapes are used in healthcare, automotive,
electrical & electronics, and building & construction industries.
The Adhesive Tapes Market in the Asia Pacific region is projected to grow at the
highest CAGR during the forecast period.
The Adhesive Tapes Market in the Asia Pacific region is expected to grow at the highest
CAGR during the forecast period, due to the rising demand for adhesive tapes from
emerging economies, such as India, China, South Korea, Vietnam, Taiwan, and Singapore.
China is leading the market for adhesive tapes in the Asia Pacific region. The growth of
various end-use industries, such as packaging, healthcare, electrical & electronics, building
& construction, and automotive is projected to drive the demand for adhesive tapes in
China.
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3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec
Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation
(US), Shurtape Technologies, LLC (US), Scapa Group Plc (UK) are some of the key players
operating in the Adhesive Tapes Market.
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