Pressure Sensitive Tapes Market Segmentation:
Product Segment Analysis
The packaging tapes segment is poised to capture about 49.1% pressure sensitive tapes market share by the end of 2035. The growing use of packaging tapes in bundling, wrapping, sealing, and enclosing applications is expected to fuel demand for these tapes. These tapes are utilized in the packaging of consumer and industrial items, construction transit packaging, pharmaceutical delivery systems, electronics and electrical gadgets, and hygiene and medical products. Segment expansion is anticipated to be aided by the growing usage of packaging tapes, including polypropylene tapes, in various applications, such as transportation, cartons, warehousing, and logistics.
Technology Segment Analysis
Hot melt segment is expected to dominate pressure sensitive tapes market share of around 40.7% by the end of 2035 owing to its rising demand in the bonding and mounting of components in the aerospace and automotive industries. Furthermore, the segment growth is driven by the rising focus on sustainability in the packaging sector. For example, in April 2023, Dow and Avery Dennison collaborated to develop a novel and environmentally friendly hotmelt label adhesive solution that allows polypropylene or polyethylene (PP/PE) packaging and polyolefin film labels to be mechanically recycled in the same stream.
Our in-depth analysis of the pressure sensitive tapes market includes the following segments:
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Adhesive Chemistry |
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