The global specialty tapes market is anticipated to grow at a CAGR of 6.1% during the forecast period. The growing awareness for the environment coupled with using eco friendly products encourages the key players to launch eco friendly products. Key players are launching eco friendly products in the market to satisfy the consumers demand. For instance, in August 2021, Ajit Industries Pvt. Ltd. launched eco-friendly green tapes in India. The tapes are made from recyclable and biodegradable materials, which includes self adhesive kraft paper tape, water activated kraft paper tape K90, eco friendly honeycomb packaging paper and recyclable bopp tape.
Additionally, in April 2022, Essentra plc, manufacturers and distributors of tapes for packaging that open, close, inform and protect has launched a new tear eco friendly tape, containing 70% post-consumer recycled PET. It is designed to close the loop on sustainable flexible packaging while still offering a high-end frustration-free opening experience for consumers. It is manufactured from a 23-micron single-ply PET film for improved cross-tearing protection.
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Market Coverage
- The market number available for – 2023-2030
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Resin
- By Backing Material
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including 3M India Ltd., Avery Dennison Corp., Berry Global Inc., ECHOtape, Intertape Polymer Group Inc., LINTEC Corp., Lohmann GmbH & Co.KG, and others.
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Specialty Tapes Market Report Segment
By Resin
- Acrylic
- Rubber
- Silicone
By Backing Material
- Polyvinyl Chloride (PVC)
- Woven/Non-Woven
- Paper
By End-User
- Automotive & Transportation
- Construction
- Medical Devices
- Electrical & Electronics
- Packaging
- Others
Specialty Tapes Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- 3M India Ltd.
- Avery Dennison Corp.
- Berry Global Inc.
- ECHOtape
- Intertape Polymer Group Inc.
- LINTEC Corp.
- Lohmann GmbH & Co. KG
- NICHIBAN Co., Ltd.
- Nitto Denko Corp.
- Saint-Gobain Performance Plastics Inc.
- Scapa Group Ltd.
- tesa Tapes (India) Pvt. Ltd.
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