Digitalization process has driven the market of online shopping which has propelled the demand for packaging and labeling.
Adroit Market Research report on the global splicing tapes market gives the industry a holistic view of the forecast period from 2020 to 2028, including factors such as market dynamics, constraints, opportunities, challenges and regulatory overview. From 2018 to 2028, the demand was evaluated, with a base year forecast for 2019 and a prediction for 2020 to 2028. The study covers the current market status and future characteristics, both at the global and national level. In addition, with Porter's analysis of five strengths, the study also assesses market rivalry and positions leading players on the basis of their product range, regional presence, strategic initiatives and overall sales.
Splicing tapes are adhesive tapes with an adhesive film with single or double layers. Sales of plastic, rubber, silicone and others are considered in the industry study of splicing tapes. Also considered in the report are the sales of splicing cassettes in APAC, Europe, North America, South America and MEA. In 2018, the acrylic segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as large use in the paper and packaging industries and high resistance to sunlight and water will enable the acrylic segment to maintain its market share. In addition, the global market study on splicing tapes looks at factors such as rising end-user sectors, increasing demand from emerging regions, and increasing APAC electrical output. However, fluctuations in the prices of raw materials, strict environmental regulations and sluggish growth of end-user industries in developing countries could impede the splicing tapes industry's growth over the forecast period.
To make the output process ongoing, splicing tapes are used, joining the end of a web of material to open a new web or roll of material. Splicing tapes are available with multiple adhesive schemes in a number of carriers. Single or double-coated, they can be. They may have a carrier made of polyester, film, or paper. In the near future, escalating developments in the packaging industry are expected to present major opportunities for the demand for splicing tapes. It is also anticipated that tissue paper products and pulp-based grooming & personal care products will put substantial pressure on the market for splicing tapes by 2027.
Generally, splicing tapes are in two kinds: single-coated and double-coated. For butt splicing, single-coated splicing tapes are acceptable, whereas double-coated splicing tapes are ideal for use with laminators, coaters and other conversion operations. The high-temperature resistance and shear power of these tapes are.
Key Segments of the Global Splicing Tapes Market
Application type Overview, 2018-2028 (USD Million) (Kilo Tons)
Application Method, 2018-2028 (USD Million) (Kilo Tons)
- Paper and Printing
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America