Dublin, May 16, 2019 (GLOBE NEWSWIRE) — The “Splicing Tapes Market by Resin (Acrylic, Rubber, Silicone), Backing Material (Paper/Tissue, Pet/Polyester, Non-Woven & Others), Application (Paper & Printing, Packaging, Electronics, Labeling), and Region – Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The global splicing tapes market size was USD 513.57 million in 2017 and is projected to reach USD 593.03 billion by 2023, at a CAGR of 2.37% between 2018 and 2023.
Splicing tapes connect two substrates together to provide continuity in operation or increase its length. Most of the splicing tapes are repulpable that can be recycled. Splicing tapes can be single- and doublesided. Most are double-sided tapes as they connect both ends of the substrate and increase the length. The backing materials such as paper/tissue, PET/polyester, and non-woven are coated with acrylic, rubber, or silicone adhesives that provide optimum strength for splicing, flying splice, overlapping, and butting & tabbing.
The global splicing tapes market is witnessing high growth. The demand for paper in the packaging industry has specifically driven the market. However, the environmental regulations related to the pulp & paper industry can act as a major restraint for the market.
APAC accounted for the major share of the overall splicing tapes market in 2017 due to the rising demand for printing and writing paper. The developed countries in regions such as Europe and North America are expected to grow at a slow rate owing to the stagnant nature of their markets.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Splicing Tapes Market
4.2 Splicing Tapes Market, By Resin Type
4.3 Splicing Tapes Market, By Backing Material
4.4 APAC Splicing Tapes Market, By Application and Country
4.5 Splicing Tapes Market, Developed vs. Developing Countries
4.6 Splicing Tapes Market, By Country
5 Market Overview
5.2 Market Dynamics
18.104.22.168 Growth of Paper Production and Virgin-Fiber Pulp Mills in APAC, Africa, and South America
22.214.171.124 Increasing Demand for Repulpable Paper/Tissue in North America, APAC, and Europe
126.96.36.199 The Process of Making Recycled Paper is Not Hygienic
188.8.131.52 Decreasing Paper Consumption in Europe and North America
184.108.40.206 Rapid Expansion of the Internet and E-Commerce Business Model
220.127.116.11 Expansion of the Pulp & Paper Industry in APAC
18.104.22.168 Use of Non-Wood Fiber in Paper Production
22.214.171.124 Increasing Digitalization and Paperless Reading
5.3 Porter’s Five Forces Analysis
5.3.1 Intensity of Competitive Rivalry
5.3.2 Bargaining Power of Buyers
5.3.3 Bargaining Power of Suppliers
5.3.4 Threat of Substitutes
5.3.5 Threat of New Entrants
5.4 Macroeconomic Overview and Key Trends
5.4.2 Trends and Forecast of GDP
6 Splicing Tapes Market, By Resin Type
6.2.1 Low Tack and Low Peel Strength are Driving the Demand for Acrylic Splicing Tapes Globally
6.3.1 Good Adhesion to A Variety of Substrates Such as Plastics and Non-Polar is Boosting the Demand for Rubber Splicing Tapes in APAC
6.4.1 Wide Usage in Electronics, Floor Covering, Packaging, and Textile Applications is Driving the Silicone Splicing Tapes Market
7 Splicing Tapes Market, By Backing Material
7.2.1 Repulpable Nature of Paper Will Drive the Use of Paper/Tissue as A Backing Material in Splicing Tapes
7.3.1 The Growing Paper & Printing Industry is Expected to Spur the Demand for Pet/Polyester Backing Material in Splicing Tapes
7.4.1 The Low Thickness and Good Adhesion to A Variety of Substrates Will Drive the Demand for Non-Woven Splicing Tapes
8 Splicing Tapes Market, By Application
8.2 Paper & Printing
8.2.1 Growing E-Commerce Business has Increased the Demand for Papers and Packaging Materials
8.3.1 Presence of Oem of Electronics Components in APAC is Expected to Drive the Splicing Tape Market
8.4.1 The Use of Recycled Paper/Tissue Backing Material in Splicing Tapes is Expected to Drive the Market in the Application
8.5.1 The Growing Food & Beverages Industry is Expected to Drive the Demand for Labels
9 Splicing Tapes Market, By Region
10 Competitive Landscape
10.2 Competitive Leadership Mapping
10.3 Market Ranking Analysis
10.4 Competitive Scenario
11 Company Profiles
11.1 tesa SE
11.2 3M Company
11.3 Nitto Denko Corporation
11.4 Avery Dennison Corporation
11.5 Intertape Polymer Group, Inc.
11.6 Scapa Group PLC
11.7 Shurtape Technologies, Llc
11.9 Orafol Europe GmbH
11.1 Adhesive Research, Inc.
11.11 Other Companies
11.11.1 Saint-Gobain Performance Plastics
11.11.2 American Biltrite Inc.
11.11.3 Industrias Tuk, S.A. De C.V.
11.11.4 AJIT Industries
11.11.5 PPI Adhesive Products (C.E) S.R.O
11.11.6 ACE Tech Korea Co.,Ltd
11.11.7 Roll Tape S.R.L
11.11.8 Adirondack Specialty Adhesives
11.11.9 Specialty Tapes
11.11.10 Boston Tapes S.P.A
11.11.11 Teraoka Seisakusho Co., Ltd.
11.11.12 Fuji Chemical Industrial Co., Ltd.
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