About pressure-sensitive tapes
Pressure-sensitive tapes are adhesive tapes that stick to a substance when pressure is applied, without any need for solvent, heat, or any other activist. Many variants of these tapes are available in the market, such as single-sided, double-sided, adhesive transfer or transfer adhesive, single-coated, double-coated, carton sealing, masking, electrical and electronics, and others. The application of these tapes includes bonding, sealing, packaging, and masking. Growing demand for corrugated carton packaging is expected to boost the demand for pressure-sensitive tapes in the future.
Technavio's analysts forecast the pressure-sensitive tapes market in North America to grow at a CAGR of 3.29% over the period 2014-2019.
Covered in this report
The report includes the present scenario and the growth prospects of the pressure-sensitive tapes market in North America for the period 2015-2019. The market can be segmented into four based on the following: raw material, product, end-user, and countries.
Technavio's report, Pressure-sensitive Tapes Market in North America 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Pressure-Sensitive Tapes Market in North America 2015-2019
Technavio recognizes the following companies as the key players in the Pressure-Sensitive Tapes Market in North America: Amcor, Bemis, Mondi and Sealed Air
Other Prominent Vendors in the market are: 3M, ACHEM Technology, Adchem, Adhesive Applications, Adhesives Research, Advanced Flexible Composites, Avery Dennison, Berry Plastics, Boston TapesChomerics, CTT, DeWAL Industries, Essentra Specialty Tapes, FLEXcon, Intertape Polymer Group, Lamart Corp., Lintec, MACtac, Microseal Industries, Navilux, Necal, Nitto Denko, Scapa Group, Shurtape Technologies, Stokvis Tape Group, Syntac Coated Products and Tesa
Commenting on the report, an analyst from Technavio’s team said: “The increase in R&D expenditures has helped the development of new products. These products provide absolute transparency, high aging resistance, good adhesion, and clean positioning. Acrylate-based PSAs are used to provide trouble-free labeling at exceptionally low temperatures. UV acrylate adhesives are used to enable high aging resistance. These new products have increased the field of application of pressure-sensitive tapes, and thus propel market growth.”
According to the report, the carton sealing tapes segment accounted for the largest share of the pressure-sensitive tapes market in North America in 2014. This is expected to rise because of the increasing demand for carton sealing tapes from the processed food and beverages, pharmaceutical, and medical device manufacturing industries, which use large volumes of corrugated boxes to ship goods. Carton sealing tapes ensure that the goods inside the corrugated box are protected during transportation.
Further, the report states that regulations pertaining to the content, reuse, recycling, and disposal of solid wastes affect two key areas: manufacturing processes and product design.
Amcor, Bemis, Mondi, Sealed Air, 3M, ACHEM Technology, Adchem, Adhesive Applications, Adhesives Research, Advanced Flexible Composites, Avery Dennison, Berry Plastics, Boston TapesChomerics, CTT, DeWAL Industries, Essentra Specialty Tapes, FLEXcon, Intertape Polymer Group, Lamart Corp., Lintec, MACtac, Microseal Industries, Navilux, Necal, Nitto Denko, Scapa Group, Shurtape Technologies, Stokvis Tape Group, Syntac Coated Products, Tesa