PSA Tapes Global Market Projected to Reach 69 Billion SQMTS by 2026 though Market Witnessing a Dip in 2020 – Market Research Report (2019-2026) by Industry Experts, Inc.
Tuesday 25 Aug 2020
Industry Experts, Inc. released an updated 2020 version of the market research report on Pressure Sensitive Adhesive (PSA) Tapes. The new report entitled "Pressure Sensitive Adhesive (PSA) Tapes – A Global Market Overview" reveals that the market for PSA Tapes is declined for all types except Medical Hygiene sector in 2020 due to the Pandemic impact.
Demand for packaging Pressure Sensitive Adhesive (PSA) tapes used in essential goods including food & beverage packaging, hygiene packaging and home products packaging has increased, whereas demand for these products in industrial, luxury and some B2B-transport packaging has declined. PSA tapes demand in e-commerce related packaging is expected to increase significantly in 2020. On the other hand, PSA packaging tapes demand in packaging applications in sectors like personal care & cosmetics, industrial, and B2B transportation is expected hit hardly by the Covid-19 pandemic.
Polypropylene backed tapes are the leading segment in PSA tapes market globally, estimated at 59% in 2019. Further, this segment is forecast to register a CAGR of 3.9% during 2019-2026 period reaching 39.7 billion m2 by 2026, retaining its leading position at 57%. Global PSA Tapes market is anticipated to grow negatively by 6% and 8% respectively for volume and value y-o-y 2019-2020.
The market for PSA Tapes product types analyzed in this study include Packaging, Masking, Electrical & Electronic, Double Coated, Medical & Hygiene, Adhesive Transfer and Others. Backing Materials market of PSA Tapes comprise the following Polypropylene, Paper, Polyvinyl Chloride and Others. The report also explores the market for Adhesive Technologies of PSA Tapes including Solvent Based, Water Based, Hot Melts and Radiation Cured.
This report reviews, analyzes and projects the PSA Tapes market for global and the regional markets including the North America, Europe, Asia-Pacific, South America and Rest of World for the period 2017-2026 in terms of volume in Square Meters and USD. These regional markets further analyzed for 20 independent countries across North America – the United States, Canada and Mexico; Europe – Germany, France, Italy, Poland, Russia, Spain and the United Kingdom; Asia-Pacific – China, India, Indonesia, Japan, South Korea and Taiwan; South America – Brazil and Argentina; Rest of World – South Africa and Turkey.
This 524 page global pressure sensitive adhesives tapes (PSA tapes) market report includes 445 charts (includes a data table and graphical representation for each table), supported with meaningful and easy to understand graphical presentation, of market numbers. The report profiles 21 key global players and 89 major players across North America – 38; Europe – 25; Asia-Pacific – 22; South America – 2; and Rest of World – 2. The research also provides the listing of the companies engaged in research and development, manufacturing, converting and distribution of PSA Tapes. The global list of companies covers the address, contact numbers and the website addresses of 324 companies.
California, USA based Industry Experts, Inc. is a multi-industry focused market research provider.
For more details, please visit: https://industry-experts.com/verticals/chemicals-and-materials/pressure-sensitive-adhesive-psa-tapes-a-global-market-overview