Industrial Adhesives and Tapes Market Industrial Adhesives and Tapes Market

Industrial Adhesives and Tapes Market Key Players, Trends,
Growth Opportunities and Industry Forecast till 2021
“Remarkable speed in increasing applications
(particularly in medical, healthcare, and electronic
industries) of industrial adhesives and tapes is one of the
major drivers of the market.”
Global industrial adhesives and tapes market is estimated to grow significantly in the forecast period due to
increasing awareness among market players for manufacture of innovative products for wide range of
applications. Industrial adhesives are organic or inorganic chemical compounds joining the two components.
Industrial tapes are used in applications like thread sealing, electrical insulation, adhesive bonding, wrapping,
masking and packaging. In short, industrial adhesives and tapes are used instead of screws, welding and
fasteners.
Remarkable speed in increasing applications (particularly in medical, healthcare, and electronic industries) of
industrial adhesives and tapes is one of the major drivers of the market. Furthermore, increasing demand for
electronic commodities and electrical appliances, developments and technological innovations in adhesive
tapes, and rise in demand from aerospace and construction industries are fueling the market. However, strict
government policies and environmental regulations are hampering the growth of the market.
Increase in demand for lightweight vehicles is one of the trends observed in the industrial adhesives and tapes
market. Moreover, increasing replacement of screws and fasteners with industrial adhesives and tapes are
another emerging trend in the market. Moreover, introduction of recyclable adhesives are expected to offer
opportunities to the market. Nonetheless, production of adhesive tapes with less VOC (volatile organic
compounds) emissions is a challenge for the existing market players.
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