Flat Back Tape Market Driving Factors Analysis Business Growth,...

Flat Back Tape Market Driving Factors Analysis Business Growth, Demand and Product Portfolio

Posted 2023-04-26 09:24:29

'Global Flat Back Tape Market' the new research report adds in Data Bridge Market Research's reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, with tables and figures. The Flat Back Tape market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world. By keeping in mind the end user's point of view, a team of researchers, forecasters, analysts and industry expert's work in-depth to formulate this Flat Back Tape market research report. The research and analysis carried out in this Flat Back Tape report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. To turn complex market insights into simpler version, well established tools and techniques are used for generation of Flat Back Tape report.

Data Bridge Market Research analyses that the flat back tape market was valued at USD 1.03 billion in 2021 and is expected to reach USD 1.63 billion by 2029, registering a CAGR of 5.90 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Get PDF Broacher of Flat Back Tape Market Research Report at https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-flat-back-tape-market

Market Definition

The flat back Tape is mainly designed for superior performance in a variety of splicing, packag

ing and tabbing applications. It provides a rapid positive seal under an extensive range of humidity and temperature conditions. These tapes are commonly used for splicing, holding and masking applications. Flat back tape provides aggressive adhesion.

Report Scope and Market Segmentation

REPORT METRIC	DETAILS
Forecast Period	2022 to 2029
Base Year	2021
Historic Years	2020 (Customizable to 2014 - 2019)
Quantitative Units	Revenue in USD Billion, Volumes in Units, Pricing in USD
Segments Covered	Adhesive Type (Acrylic, Silicon, Rubber, Others), Product Type (Single Side, Double Side), Thickness (< 5 Mil, 5 Mil to 10 Mil, >10 Mil), Application (Packaging, Splicing, Binding, Masking, Tabbing, Others)
Countries Covered	U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
Market Players Covered	3M (U.S.), Intertapes Polymer Group (Canada), Shurtape Technologies, LLC (U.S.), Tesa Tapes (India) Private Limited (India), Nitto Denko Corporation (Japan), Ahlstrom-Munksjö Oyj (Finland), Saint-Gobain (France), EMCOR Group Inc. (U.S.), Berry global Inc. (U.S.), Cintas Corporation (U.S.), Scapa Group Ltd (U.K.), Advance Tapes International (U.K.), Bolex International (U.S.), PPI Adhesive Products Ltd (Ireland), PPM Industries SpA (Italy), CCT (Coating & Converting Technologies, LLC) (U.S.), Avery Dennison Corporation (U.S.), TOYOCHEM Co. Ltd. (Japan), UltraTape (U.S.), Green Belting Industries (Canada)
Market Opportunities	Increasing application scope Increasing number of product innovations Rising demand in packaging sector

Flat Back Tape Market Dynamics

Drivers

Increase in demand due to unique features

The flat back tapes have massive demand in the market because it provides versatile features such as solvent and thinner resistance, easy curving, high tensile strength and absolute residue removal. These tapes are also industrial tapes because it is capable to sustain in outdoor applications, especially in logistics and construction industries which further increase the popularity and adoption of flat back tape among the end users.

Growing demand for sustainable solution

Flat back tapes are made from paper material that is highly recyclable and biodegradable. The increasing intolerance towards plastic is increasing the demand of flat back tapes. Thereby, implementing government regulations pertaining to environment friendliness, plastic usage and waste dumping in manufacturing industries and other industries is influencing the consumers to choose paper backed tapes such as flat back tapes. The rising demand for paper-based flat back tape is expected to drive the market's revenue growth.

Opportunities

Rising demand in packaging sector

With the advancements in technology, several industries are coming up with different packaging materials and packaging solutions in the market. The packaging industry has developed at the fastest rate in the last few years. The improving business of the packaging industry is generating the immense opportunities for building the business of different types of packaging materials which are expected to create beneficial opportunity for the flat back tape market.

Moreover, the increasing application scope from several end user industries such as medical devices, aerospace, building and construction, consumer electronics, automotive, and manufacturing will flourish many opportunities for the growth of the flat back tape market during forecast period.

Restraints/ Challenges

Improving packaging business

The improving business of the packaging sector has created immense pressure on the flat back tape manufacturers to fulfil the ongoing demand of the product, leading to the challenge of the growth of the flat back tape market in recent years.

Presence of alternatives

Now, the companies are coming up with different types of masking, splicing, tabbing, and sealing tapes which becoming major restraint for the growth of the flat back tape market. Also, the presence of product alternative is the main limitation towards the growth of the flat back tape market during the forecast period.

This flat back tape market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the flat back tape market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

In March 2021, Intertape Polymer Group Inc. extended its capstone facility in India to cater to the Indian market.
In April 2021, Tesa S.E. Group announced bio-based materials for their adhesive taps. This company’s new package tapes containing the tesapack® Paper Standard and EcoLogo: tesapack® Bio & Strong.
In October 2021, Ahlstrom-Munksjö company launched a dedicated product range MasterTape™ Pack, a sustainable backing solutions tape. This tapes are offered in a wide variety of saturation base papers with different mechanical properties

Top Key players in Global Flat Back Tape Market Report:

3M (U.S.)
Intertapes Polymer Group (Canada)
Shurtape Technologies, LLC (U.S.)
TesaTapes (India) Private Limited (India)
Nitto Denko Corporation (Japan)
Ahlstrom-Munksjö Oyj (Finland)
Saint-Gobain (France)
EMCOR Group Inc. (U.S.)
Berry global Inc. (U.S.)
Cintas Corporation (U.S.)
Scapa Group Ltd (U.K.)
Advance Tapes International (U.K.)
Bolex International (U.S.)
PPI Adhesive Products Ltd (Ireland)
PPM Industries SpA (Italy)
CCT (Coating & Converting Technologies, LLC) (U.S.)
Avery Dennison Corporation (U.S.)
TOYOCHEM Co. Ltd. (Japan)
UltraTape (U.S.)
Green Belting Industries (Canada)

Get Access to Full Report (Including Graphs, Charts & Figures) at https://www.databridgemarketresearch.com/reports/global-flat-back-tape-market

Market Segmentation:

The flat back tape market is segmented on the basis of adhesive type, product type, thickness, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Adhesive Type

Acrylic
Silicon
Rubber
Others

Product Type

Single Side
Double Side

Thickness

< 5 Mil
5 Mil to 10 Mil
>10 Mil

Application

Packaging
Splicing
Binding
Masking
Tabbing
Others

To View Detailed Report Analysis, Visit at https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-flat-back-tape-market

Flat Back Tape Market Regional Analysis/Insights

The flat back tape market is analysed and market size insights and trends are provided by country, adhesive type, product type, thickness, and application as referenced above.

The countries covered in the flat back tape market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

Asia-Pacific dominates the flat back tape market in terms of revenue during the forecast period. This is due to the increasing demand for flat back tape in this region. The Asia-Pacific region rules the flat back tape market, with China leading the way in terms of increasing automobile and electronic sector demand in this region.

During the estimated period, Europe is anticipated to be the fastest developing region due to the penetration of the many industrial sector coupled with augmented the usage of semiconductor equipment in the manufacturing sector in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Key questions answered in the report:

What will the market development pace of the Flat Back Tape market?
What are the key factors driving the Global Flat Back Tape market?
Who are the key manufacturers in the market space?
What are the market openings, market hazard and market outline of the market?
What are sales, revenue, and price analysis of top manufacturers of Flat Back Tape market?
Who are the distributors, traders, and dealers of Flat Back Tape market?
What are the Flat Back Tape market opportunities and threats faced by the vendors in the Global Flat Back Tape industries?
What are deals, income, and value examination by types and utilizations of the market?
What are deals, income, and value examination by areas of enterprises?

For More Insights Get Detailed TOC at https://www.databridgemarketresearch.com/toc/?dbmr=global-flat-back-tape-market

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