Non-woven Tape Market - Global Forecast to 2023
DUBLIN, July 16, 2018 /PRNewswire/ --
The "Non-woven Tape Market by Adhesive Type (Acrylic, Rubber, Silicone), Backing Material (Polyester, Paper), End-use industry (Medical & hygiene, Electrical & electronics, Automotive & transportation), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The non woven tape market is estimated at USD 3.17 billion in 2018 and is projected to reach USD 4.55 billion by 2023, at a CAGR of 7.46% from 2018 to 2023.
The increasing use of non woven tapes in various applications, such as medical & hygiene, electrical & electronics, and automotive & transportation is driving the growth of the non woven tape market.
The non woven tape market has been segmented on the basis of adhesive type, backing material, end-use industry, and region. Based on adhesive type, the non woven tape market has been classified into acrylic, rubber, and silicone. The silicone-based non woven tape segment is expected to grow at the highest CAGR in terms of value. Silicone adhesive maintain adhesion over a large temperature range and possess the ability to adhere to difficult surfaces. The overall adhesive strength of silicone-based non woven tape is lower than that of other non woven tapes. However, silicone-based non woven tapes are more expensive as compared to acrylic and rubber-based adhesive tapes.
Based on backing material, the non woven tape market has been segmented into polyester, paper, and others. The paper segment is expected to grow at the highest CAGR during the forecast period. Paper is an environment-friendly and recyclable material. The properties of paper are enhanced through saturation, which is a process wherein paper is treated with latex to improve its chemical and physical properties so that it can be used as a backing substrate in adhesive tapes.
Based on end-use industry, the non woven tape market has been segmented into medical & hygiene, electrical & electronics, automotive & transportation, and others. The medical & hygiene segment is expected to grow at the highest CAGR in terms of volume during the forecast period due to increase in aging population; rising chronic diseases; and increasing personal & hygiene care globally.
The non woven tape market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. The rising demand for non woven tapes from medical & hygiene, electrical & electronics, and automotive & transportation from countries such as India, China, South Korea, Malaysia, Vietnam, Taiwan, and Indonesia is projected to drive the growth of the non woven tape market in the region. China is expected to lead the demand for non woven tapes in the Asia Pacific region.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Significant Opportunities in the Nonwoven Adhesive Tape Market
4.2 Non Woven Tape Market, By Adhesive Type
4.3 Non Woven Tape Market, By Backing Material
4.4 Non Woven Tape Market, By End-Use Industry
4.5 Non Woven Tape Market, Developed vs Developing Nations
4.6 APAC Non Woven Tape Market Share, By End-Use Industry and Country
4.7 Non Woven Tape Market Share, By Key Countries
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Use of Non Woven Tapes in Several End-Use Industries
5.2.1.2 Growing Aging Population
5.2.1.3 High Demand for Non Woven Tapes in APAC
5.2.2 Restraints
5.2.2.1 Inferior Properties of Non Woven Tapes
5.2.3 Opportunities
5.2.3.1 Growing Healthcare Industry in Emerging Economies
5.2.4 Challenges
5.2.4.1 Intense Competition From Chinese Players
5.2.4.2 Increasing Price Pressure on Market Players
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 Introduction
5.4.2 Trends and Forecast of GDP
5.4.3 Trends in the Automotive Industry
5.4.4 Trends in the Healthcare Industry
6 Non Woven Tape Market, By Adhesive Type
6.1 Introduction
6.2 Acrylic-Based Adhesive
6.3 Rubber-Based Adhesive
6.4 Silicone-Based Adhesive
7 Non Woven Tape Market, By Backing Material
7.1 Introduction
7.2 Polyester-Backed Non Woven Tape
7.3 Paper-Backed Non Woven Tape
7.4 Others
8 Non Woven Tape Market, By End-Use Industry
8.1 Introduction
8.1.1 Medical & Hygiene
8.1.2 Automotive & Transportation
8.1.3 Electrical & Electronics
8.1.4 Others
9 Non Woven Tape Market, By Region
10 Competitive Landscape
10.1 Overview
10.2 Key Players in Non Woven Tape Market
10.2.1 3M Company
10.2.2 Nitto Denko Corporation
10.2.3 TESA SE
10.2.4 Avery Dennison
10.2.5 Lintec
10.3 Competitive Scenario
10.3.1 Merger & Acquisition
10.3.2 New Product Launch
11 Company Profiles
- 3M Company
- ATP Adhesive Systems Ag
- Avery Dennison Corporation
- BSN Medical Inc.
- Berry Global Group
- Coroplast Fritz Mller GmbH & Co. Kg
- Frimpeks
- Gergonne Industrie
- Intertape Polymer Group
- Koan Hao Technology Co., Ltd.
- Libatape Pharmaceutical Co., Ltd.
- Lintec Corporation
- Lohmann GmbH & Co. Kg
- Medline Industries, Inc.
- Mercator Medical S.A.
- Nichiban Co. Ltd.
- Nitto Denko Corporation
- Paul Hartmann AG
- Poli-Tape Group
- Scapa Group
- Shurtape Technologies, LLC
- Supertape Bv
- Symbio, Inc.
- TESA SE
- Teraoka Seisakusho Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/4brv65/nonwoven_tape?w=5
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