Specialty Pressure-Sensitive Tape Market in Europe 2015-2019
About Specialty Pressure-sensitive Tape
Specialty pressure-sensitive tapes are adhesive tapes that stick to a surface when pressure is applied. They do not need solvents, heat, or any other activist. These are new in terms of application, and demand for these tapes stems from its usage in industrial and healthcare applications. These tapes are different from normal pressure-sensitive tapes in terms of materials used for manufacturing them and their applications. These tapes have a high tensile strength and are specifically used for medical and industrial applications. They are also used in fastening and bonding applications in the construction, automotive, and healthcare sectors.
Technavio's analysts forecast the specialty pressure-sensitive tape market in Europe to grow at a CAGR of 2.58% by volume over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the specialty pressure-sensitive tape market in Europe for the period 2015-2019. To calculate the market size, the report considers the volume generated from the production of specialty pressure-sensitive tapes. The report also provides information on the different segments of the market based on the following criteria:
Technavio Announces the Publication of its Research Report – Specialty Pressure-Sensitive Tape Market in Europe 2015-2019
Technavio recognizes the following companies as the key players in Specialty Pressure-Sensitive Tape Market in Europe 2015-2019: 3M, Avery Dennison, Bostik and Essentra Specialty Tapes
Other Prominent Vendors in the market are: Adchem, Adhesive Applications, Berry Plastics, DeWAL Industries, Intertape Polymer Group, MACtac, PPI Adhesive Products, Scapa Group, Shurtape Technologies, TaraTape and Tesa tape
Commenting on the report, an analyst from Technavio’s team said: “Specialty pressure-sensitive tapes have replaced the traditional fastening system of fixing and bonding. These tapes act as fasteners with enhanced efficiency and performance while lowering production and material costs. 3M tapes, 3MTM Dual LockTM Reclosable Fasteners, or ScotchmateTM Reclosable Fasteners, are considered the best in the market as they provide clean lines and produce sleek profiles in many applications.”
According to the report, Advances in design and construction have led to wider applications of specialty tapes in industries such as medical, food and beverage, construction, and electrical, and electronics. In the medical industry, high-quality tapes are used as therapeutic patches, transdermal delivery systems, adhesive bandages, and wound dressings. The demand for masking tapes will rise with the rapid development of the building and construction industries in Europe, which have widened the scope of the market in Europe.
Further, the report states that the volatility of raw material prices is a major concern for manufacturers, as the higher costs of these materials decrease their profit margins.
3M, Avery Dennison, Bostik, Essentra Specialty Tapes, Adchem, Adhesive Applications, Berry Plastics, DeWAL Industries, Intertape Polymer Group, MACtac, PPI Adhesive Products, Scapa Group, Shurtape Technologies, TaraTape, Tesa tape