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Friday, December 20, 2024

Lucintel Forecasts the Global Splicing Tape Market to Reach $1 Billion by 2030

According to a market report by Lucintel, the future of the global splicing tape market looks promising with opportunities in the paper & printing, packaging, labeling, and electronics markets. The global splicing tape market is expected to reach an estimated $1 billion by 2030 at a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are growing demand for environmentally friendly and biodegradable splicing tapes, growing application of splicing tapes by the paper and packaging industry, and expanding use of acrylic polymers in the auto industry.

A more than 150-page report to understand trends, opportunity and forecast in global splicing tape market to 2030 by resin (acrylic, rubber, silicone, and others), material (paper/tissue, pet/polyester, non-woven, and others), application (paper & printing, packaging, labeling, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that paper/tissue will remain the largest segment over the forecast period because it offers excellent comfort in comparison to the fabric or other splicing tapes.

Download sample by clicking on splicing tape market.

APAC will remain the largest region over the forecast period due to prevalence of major key players, as well as, growth and expansion of paper and packaging industry in the region.

3M Company, Nitto Denko, Avery Dennison, Scapa Group, tesa, Intertape Polymer, Shurtape Technologies, ECHOtape, Orafol Europe, Adhesive Research are the major suppliers in the splicing tape market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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