MRO Magazine

Research and Markets: Global Industrial Tapes Market Worth USD 58,487.11 Million by 2020 – Analysis, Trends, Technologies & Forecast 2015-2020


December 10, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/2c5mmg/industrial_tapes) has announced the addition of the “Industrial Tapes Market by Product Type, End User, Application, Tape Backing Material, Mode of Application – Forecast to 2020” report to their offering.

The global industrial tapes market is estimated to reach a market value of USD 58,487.11 million by 2020. It is widely used by the manufacturing, automotive, construction, electrical, logistics, and aerospace industries.

Market leaders in the industry are usually those companies that have been established for a long time and have a diversified portfolio, capital available for extensive research & development activities, and the financial strength to sustain them. Since the production of industrial tapes requires a lot of research & innovation, large space and expensive equipment, new entrants find it hard to compete against established players. New product launches and acquisitions are the key strategies adopted by market players to expand their business in the industrial tapes market.

The industrial tapes market has been growing with the growth of the global adhesives industry. With the increasing demand for innovative taping solutions with high strength and capacity to resist temperature changes and toxic chemicals, industrial tapes has become one of the most applied solutions for many purposes.

Increasing industrialization and development of various manufacturing and business hubs in developing countries due to the availability of low cost resources have resulted in the increase in the demand of industrial tapes in the Asia-Pacific region. Filament tapes accounted for the largest share in the industrial tapes market in 2014.

Companies Mentioned:

  • Ashland Inc.
  • Avery Dennison Corporation
  • Eastman Chemical Co.
  • H.B. Fuller Co.
  • Henkel Ag & Company Kgaa
  • Saint Gobain Sa
  • Sika Ag
  • Von Roll Holding Ag
  • The Dow Chemical Company

Report Structure:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industrial Tapes Market, By Product Type

7 Industrial Tapes Market, By End User

8 Industrial Tapes Market, By Region

9 Competitive Landscape

10 Company Profiles

11 Appendix

For more information visit http://www.researchandmarkets.com/research/2c5mmg/industrial_tapes

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Process and Materials, Packaging