Insulating adhesive tape market Size will Observe Lucrative Surge by the End 2025

1. Insulating Adhesive Tape Market  Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027 ©2019 Transparency Market Research, All Rights Reserved

2. Insulating Adhesive Tape Market: Definition Insulating adhesive tape is a type of pressure-sensitive tape that is primarily used to insulate electrical wires and other materials that conduct electricity. Insulating adhesive tape can be made of various plastics, but vinyl is highly popular, as it stretches well and gives an effective and long lasting insulation. Key Drivers of Insulating Adhesive Tape Market The electronics industry employs pressure-sensitive tapes and adhesives to install parts directly in devices The trend toward miniaturization of electronic devices, especially cell phones, portable personal computers, and tablets, is a major driving factor the insulating adhesive tape market The electronic & electrical appliances industry is one of the popular end-users of pressure-sensitive insulating adhesive tapes. The industry has been expanding at a speedy pace. Rise in disposable income, changes in lifestyle of the people, and increase in dependence on the use of electronic devices are key factors boosting sales of electronic devices across the world. The trend toward miniaturization of electronic devices, which require use of insulating adhesive tape as substitute for screws and other fasteners, has been gaining traction. Thus, demand for insulating adhesive tape is expected to be driven by growth in sales of electronic devices. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

3. Asia Pacific Expected to Hold Large Share of Global Insulating Adhesive Tape Market In terms of region, the global insulating adhesive tape market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa In terms of volume and revenue, Asia Pacific is expected to constitute the key share of global insulating adhesive tape market in 2018. This trend is projected to continue during the forecast period, led by the strong economic growth in countries such as India, China, and Japan. North America and Europe are mature regions of the global insulating adhesive tape market with presence of various small scale players and local manufacturing facilities. The U.S. and Italy are among the key producers of insulating adhesive tapes. Middle East & Africa is also an attractive region of the global insulating adhesive tape market owing to the significant increase in commercial & infrastructure activities and existing low market penetration in the region. The market in Middle East & Africa is anticipated to expand at a rapid pace during the forecast period. Emerging countries such as Brazil and Mexico offer lucrative opportunities to the insulating adhesive tape market in Latin America. The market in the region is likely to expand at a moderate pace during the forecast period, led by rapid infrastructure development and growth in packaging and automotive industries.

4. Key Players in Market: 3M ACHEM Intertape Polymer Group Scapa Saint-Gobain Plymouth Rubber Europa, S.A. Denka Company Limited

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