TMR_Research_Reports_2017 Adhesive Tapes Market to reach US$92.36 bn by 2024 | Page 2

Adhesive Tapes Market
REPORT DESCRIPTION
Adhesive Tapes Market (Products - Single Coated, Double Coated,
Transfer Tape, and Foam Tape; Composition - Acrylic, Rubber, and
Silicone; Backing Materials - Polypropylene, Paper, and Polyvinyl
Chloride; End Users - Health Care, Building & Construction,
Consumer Goods, Automotive, and Graphics) - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
The global market for adhesive tapes features a partly fragmented competitive landscape, with
over 1800 suppliers participating but the top 10 vendors accounting for over 50% of the overall
market in 2015, observes Transparency Market Research (TMR) in a recent report. The market is
largely fragmented in countries such as Italy and China owing to the presence of a large number of
small- and medium-sized vendors catering to domestic demand. The company 3M dominates the
global market with a 14.3% in 2015; company’s vast number of manufacturing units spanning around
60 global venues have allowed it to grab such as significant portion of the pie in the extremely
competitive market.
Transparency Market Research states that the global adhesive tapes market will exhibit a promising
6.8% CAGR from 2016 and 2024, rising to a valuation of US$92.36 bn by 2024 from a valuation of
US$51.54 bn in 2015.
Obtain Report Details @ http://www.transparencymarketresearch.com/adhesive-
tapes-market.html
Preference Rapidly Shifting toward Silicone-based, Pressure-sensitive Adhesive Tapes
In terms of composition of adhesive tapes, the market is presently dominated by taped made from
acrylic. The segment accounted for a massive share in the market in 2015 in terms of both revenue
as well as volume and is expected to retain dominance throughout the forecast period of the report.
The segment of silicone-based adhesive tapes, however, is also increasingly gaining traction owing to
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Transparency Market Research