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Global Adhesive Tapes Market

The Global Adhesive Tapes Market is valued at USD 58.3 billion in 2019, and it is estimated to reach USD 85.9 billion by 2026, at a CAGR of 5.7 %, over the forecast period 2020-26.

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Global Adhesive Tapes Market

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  1. Adhesive Tapes Market

  2. The surge in disposable income, alterations in lifestyles of the people and increased dependency on electronic devices' usage are expanding the sales of electronic devices in Asian countries. The tendency toward miniaturization of electronic devices, especially cell phones, portable personal computers, and tablets, is a central element driving the adhesive tapes market internationally.  Adhesive tapes are widely deployed in various automotive applications such as wire harnessing, electric insulation, and automotive body repairs, masking, and surface protection. The surge in usage of adhesive tapes in automotive interior parts to deliver improved confrontation and excellent bond-ability is likely to push the adhesive tapes market during the prediction period. Demand for adhesive tapes has been surging in the packaging-end-use industry due to its wide range of applications in unitizing, palletizing, carton sealing, bundling, and general packaging. Adhesive tape can be defined as a continuous flexible strip made of paper, metal foil, cloth, or plastic film layered with a thin coat of enduring glutinous adhesive on one or both sides.

  3. Growth Drivers Rising usage of adhesive tapes in diverse applications The widespread practice of adhesive tape usage in various industries such as automotive and food and beverage is an essential factor propelling the market. Automotive manufacturers are progressively accepting adhesive tapes in place of mechanical fasteners such as bolts and screws to decrease the vehicles' weight and provide better fuel efficiency. The growth of the healthcare sector is another factor in promoting the market growth. The sector uses adhesive tapes majorly for wound care, assembly of medical devices, attributing electrodes on the skin, and fixing cover shields during surgeries. Besides, skin-friendly adhesive tapes are extensively applied in the manufacturing of infant and adult diapers. Get the Sample Copy of the Report:https://www.blueweaveconsulting.com/adhesive-tapes-market-bwc20092

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