Chemicals and Materials Adhesive Tapes Market New1

The report "Adhesive Tapes Market by Resin Type (Acrylic, Rubber, Silicone),
Technology (Solvent-based, Water-based, Hot-Melt), Substrate (PP, Paper, PVC),
Application (Packaging, Healthcare, Electrical & Electronics, Automotive), Region –
Global Forecast to 2027" The adhesive tapes market is projected to grow from USD 54.5
billion in 2018 to USD 94.1 billion by 2027.
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TOC on "Adhesive Tapes Market”
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Based on resin type, the silicone segment is expected to grow at the highest CAGR
during the forecast period.
Silicone-based adhesive tapes are non-conductive in nature. Key properties of silicone-
based adhesive tapes include low chemical reactivity, low toxicity, and high gas
permeability, which make these tapes suitable for medical applications. Over the past few
years, the demand for silicone-based adhesive tapes has been increasing in various end-use
industries.
Based on technology, the hot-melt segment of the adhesive tapes market is expected
to grow at the highest CAGR during the forecast period.
The hot-melt technology segment is projected to witness the highest growth during the
forecast period. Hot melt adhesive tapes are the fastest-growing class of adhesive tapes in
healthcare application. These adhesive tapes have an extreme rate of bond formation,
which can translate into high production rates. In the US, hot-melt technology is widely