Specialty Tape Market Strategics Assessment 2026

Specialty tape manufacturers are embracing technological development in both adhesive as well as material component. Investment in research and development is also increasing in order to understand what product innovation and development need to be focused on to meet the demand of various industries. Owing to the constant requirement of high-performance adhesives, solvent technology is being used on a large scale. However, water-based tapes and hot melt tapes are also gaining traction in the specialty tape market.

Moreover, the use of specialty tapes in the automotive sector is also rising, especially the use of acrylic foam tape has increased as it provides strong bonding to metal and plastic. Meanwhile, specialty tapes are also witnessing growth in medical sector driven by the increasing use of adhesive-based wound care products.

As per the report by Transparency Market Research (TMR), the global market for specialty tape is likely to experience steady growth during 2017-2026, registering CAGR of 5.7%. The global market for specialty tapes is also estimated to bring in US$ 9,907.1 million revenue by 2026 end.

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Compared to the various types of specialty tapes, woven/non-woven specialty tapes are likely to emerge as one of the top-selling products during 2017-2026. Woven/non-woven specialty tapes are estimated to surpass US$ 1,900 million revenue by 2026 end. Meanwhile, PVC (Polyvinyl chloride) specialty tapes are also likely to show strong growth in the global market for specialty tape between 2017 and 2026.

Electronics & Electricals to Witness Robust Growth in the Global Market for Specialty Tape

Electronics & Electricals segment is likely to witness robust growth during 2017-2026. Electronics & electricals are estimated to bring in nearly US$ 2,700 million revenue towards 2026 end. Meanwhile, the automotive sector is also likely to witness strong growth in the global market for specialty tape during 2017-2026. The replacement of traditional forms of tape materials with advanced specialty tapes in electronics segment is fueling the growth of the market. Also, specialty pressure sensitive tapes are finding large application in the automotive sector.

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Specialty Tape Market: Electronics & Electricals to Emerge as the Largest Users of Specialty Tapes

With increasing use of specialty tapes in various industries, manufacturers are introducing new products with advanced features to meet the specific demand. These tapes have unique features other than general features available in adhesive tapes. For instance, these tapes are resistant to various factors such as water, fire, dust, etc. Specialty tapes are also being made stronger to hold heavy-weight objects protecting from any damage. Different types of adhesives are being used and made to offer additional features, for example, acrylic and rubber-based adhesives are being used to make a soundproof tape. Moreover, manufacturers are conducting research on new types of adhesives to develop new products.

Companies are also working towards reducing emission during the production process, by integrating new technologies and using modern equipment.

Some of the key market players in the global specialty tape market are Henkel Corporation, 3M, Nitto Denko Corporation, Saint-Gobain Performance Plastics, Tesa SE, E. I. du Pont de Nemours and Company, Intertape Polymer Group, Avery Dennison Corporation, LINTEC Corporation, ECHOtape, Scapa Group plc, Sekisui Chemical Co., Ltd., Toshiba Medical Systems Corporation, Xinapse Systems Ltd, and Siemens Healthineers.

Global Specialty Tape Market to Witness Steady Growth during the Forecast Period 2017-2026

According to the latest report compiled by Transparency Market Research (TMR), the global specialty tape market is expected to witness steady growth. The market is projected to increase to 5.7% CAGR during the forecast period 2017-2026. By the end of 2026, the global specialty tape market is projected to reach US$ 9,907.1 million revenue.

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The global specialty tape market is segmented on the basis of the end user, product type, and region. On the basis of end-user, electronics & electricals segment is expected to witness significant growth in the global specialty tape market during the forecast period 2017-2026. On the basis of product type, woven/non-woven specialty tapes are expected to emerge as one of the highly preferred product in the global specialty tape market during the forecast period 2017-2026.

Region-wise, the global specialty tape market is segmented on the basis of North America, Latin America, Japan, Europe, Asia Pacific Excluding Japan (APEJ), and the Middle East and Africa (MEA). Among these, APEJ is expected to remain dominant in the global specialty tape market throughout the forecast period 2017-2026.

High-Performance Tapes and Adhesive Developments to Drive Specialty Tape Market

Manufacturers are focusing on offering a new range of specialty tapes with better features offering resistance. New specialty tapes are being developed to offer functionality to be used in the area where it has not been used before. Moreover, new adhesive solutions are also being developed to make specialty tapes perform in extreme condition, offering protection. Such tapes, performing at high and low temperature with high resistance are expected to present new opportunities for market players. Specialty tapes are being manufactured by coating various solutions on a substrate of film or paper. Hence, Volatile Organic Compounds (VOCs) form the major source of pollution. However, various regulations have been implemented to minimize the pollution. Meanwhile, in order to stay competitive in the global specialty tape market, manufacturers are focusing on modernizing and upgrading their mixing and coating equipment. Moreover, electronic equipment are emerging as the largest users of specialty tapes, hence, manufacturers are producing tapes with a special focus on heat resistance and weather resistance properties. Research is also being conducted to provide highly specialized adhesive technology for tapes used in electronics segment.

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Specialty Tape Market: Electronics & Electricals to Emerge as the Largest Users of Specialty Tapes

With increasing use of specialty tapes in various industries, manufacturers are introducing new products with advanced features to meet the specific demand. These tapes have unique features other than general features available in adhesive tapes. For instance, these tapes are resistant to various factors such as water, fire, dust, etc. Specialty tapes are also being made stronger to hold heavy-weight objects protecting from any damage. Different types of adhesives are being used and made to offer additional features, for example, acrylic and rubber-based adhesives are being used to make a soundproof tape. Moreover, manufacturers are conducting research on new types of adhesives to develop new products.

Companies are also working towards reducing emission during the production process, by integrating new technologies and using modern equipment.

Some of the key market players in the global specialty tape market are Henkel Corporation, 3M, Nitto Denko Corporation, Saint-Gobain Performance Plastics, Tesa SE, E. I. du Pont de Nemours and Company, Intertape Polymer Group, Avery Dennison Corporation, LINTEC Corporation, ECHOtape, Scapa Group plc, Sekisui Chemical Co., Ltd., Toshiba Medical Systems Corporation, Xinapse Systems Ltd, and Siemens Healthineers.

Global Specialty Tape Market to Witness Steady Growth during the Forecast Period 2017-2026

According to the latest report compiled by Transparency Market Research (TMR), the global specialty tape market is expected to witness steady growth. The market is projected to increase to 5.7% CAGR during the forecast period 2017-2026. By the end of 2026, the global specialty tape market is projected to reach US$ 9,907.1 million revenue.

For more information on this report, fill the form @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=35009

The global specialty tape market is segmented on the basis of the end user, product type, and region. On the basis of end-user, electronics & electricals segment is expected to witness significant growth in the global specialty tape market during the forecast period 2017-2026. On the basis of product type, woven/non-woven specialty tapes are expected to emerge as one of the highly preferred product in the global specialty tape market during the forecast period 2017-2026.

Region-wise, the global specialty tape market is segmented on the basis of North America, Latin America, Japan, Europe, Asia Pacific Excluding Japan (APEJ), and the Middle East and Africa (MEA). Among these, APEJ is expected to remain dominant in the global specialty tape market throughout the forecast period 2017-2026.

High-Performance Tapes and Adhesive Developments to Drive Specialty Tape Market

Manufacturers are focusing on offering a new range of specialty tapes with better features offering resistance. New specialty tapes are being developed to offer functionality to be used in the area where it has not been used before. Moreover, new adhesive solutions are also being developed to make specialty tapes perform in extreme condition, offering protection. Such tapes, performing at high and low temperature with high resistance are expected to present new opportunities for market players. Specialty tapes are being manufactured by coating various solutions on a substrate of film or paper. Hence, Volatile Organic Compounds (VOCs) form the major source of pollution. However, various regulations have been implemented to minimize the pollution. Meanwhile, in order to stay competitive in the global specialty tape market, manufacturers are focusing on modernizing and upgrading their mixing and coating equipment. Moreover, electronic equipment are emerging as the largest users of specialty tapes, hence, manufacturers are producing tapes with a special focus on heat resistance and weather resistance properties. Research is also being conducted to provide highly specialized adhesive technology for tapes used in electronics segment.

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