Splicing Tapes Market worth $593 million by 2023

1. Splicing Tapes Market worth $593 million by 2023 The report "Splicing Tapes Market by Resin (Acrylic, Rubber, Silicone), Backing Material (Paper/Tissue, Pet/Polyester, Non-Woven & Others), Application (Paper & Printing, Packaging, Electronics, Labeling), and Region - Forecast to 2023" The splicing tapes market is projected to grow from USD 527 million in 2018 to USD 593 million by 2023, at a CAGR of 2.37% during the forecast period. View Full Report : https://www.marketsandmarkets.com/Market-Reports/splicing-tapes-market-11550590.html

2. Introduction High demand for splicing tapes in the paper & printing and packaging industries due to the increase in population and digitalization in many parts of the globe. Digitalization process has driven the market of online shopping which has propelled the demand for packaging and labeling. Also, paper and paperboard packaging are gaining consumer’s attraction due to their effective solutions in food & beverages, healthcare, manufacturing, personal care, and other industries which is also driving the splicing tapes market. View Full Report : https://www.marketsandmarkets.com/Market-Reports/splicing-tapes-market-11550590.html

4. Key Participants Major vendors in the splicing tapes market include 3M (US), Nitto Denko Corporation (Japan), Avery Dennison Corporation (US), Scapa Group Plc (US), tesa SE (Germany), Intertape Polymer Group, Inc. (Canada), Shurtape Technologies, Llc (US), ECHOtape (US), Orafol Europe Gmbh (Germany), and Adhesive Research, Inc. (US). Speak with Analyst View Full Report : https://www.marketsandmarkets.com/Market-Reports/splicing-tapes-market-11550590.html

5. On The Basis Of Region: The rising demand for paper in various industries from economies such as Japan, India, China, South Korea, Vietnam, Taiwan, Singapore, among others is contributing to the growth of the APAC splicing tapes market to. China is expected to lead the production and demand for splicing tape due to the increased paper and film production. It is also reportedly among the largest consumers of splicing tapes in the region. Download PDF View Full Report : https://www.marketsandmarkets.com/Market-Reports/splicing-tapes-market-11550590.html

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