Global Splicing Tapes Market was valued at US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of XX %during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Splicing tapes are usually used for preparing a joint between two sheet materials, such as, between the primary edge portion of the outer turn of a roll of sheet material and the second roll of sheet material. The splicing operation can be executed in a static or dynamic mode. Splicing tapes are existing in a variety of carriers with different adhesive systems.
Increasing the demand for splicing tapes in paper printing and packaging industries owing to the growing the population and digitalization in many parts of the world. Digitalization process has driven the market of online shopping which has driven the demand for packaging and labelling. Moreover, paper paperboard packaging are gaining customer’s attraction because of their effective solutions in healthcare, manufacturing, food beverages, personal care, and other industries which is also driving the splicing tapes market globally.
Acrylic resin segment is dominating the market for splicing tapes during the forecast period owing to its better adhesion to a variety of substrates. Acrylic adhesives can either be water-based or solvent-based. Water-based are slower drying compared to solvent-based systems but mostly solvent-based acrylic systems have better resistance to other solvents, chemicals water.
Paper printing is estimated to be the largest application segment in the splicing tapes market during the forecast period. In the printing industry, this technique allows joining the leading edge of a new roll of paper sheet material to the trailing edge of a reducing roll of paper sheet material without needing interruption of the continuous production process. Splices which are obtained in a dynamic mode of operation are typically referred to as flying splices. Splicing tape is mainly characterized by high tensile strength, high shear strength, and good ageing resistance.
Region-wise, the Asia Pacific has been a high potential splicing tapes market against the backdrop of an overall slowdown in the worldwide economy. The growing demand for paper in various industries from economies like Japan, India, China, South Korea, Vietnam, Taiwan, Singapore, among others is contributing to the growth of the APAC splicing tapes market. China is likely to lead the production and demand for splicing tape owing to the increased paper and film production. It is also reportedly among the largest customers of splicing tapes in the region.
Various players are operating in global splicing tapes market. The 3M Company Tesa SE are the leading players operating in the market for splicing tapes. Tesa launched a new product called Tesa Easy Splice which is used in the paper and printings industry. It is used to rise output volume and reduce change over time.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding Global Splicing Tapes Market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the Global Splicing Tapes Market.
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Global Splicing Tapes Market, By Resin Type
Global Splicing Tapes Market, By Backing Material
Global Splicing Tapes Market, By Application
• Paper Printing
Global Splicing Tapes Market, By Region
• North America
• Asia Pacific
• Middle East and Africa
• South America
Key players operating in Global Splicing Tapes Market :
• tesa SE
• 3M Company
• Nitto Denko Corporation
• Avery Dennison Corporation
• Intertape Polymer Group, Inc.
• Scapa Group PLC
• Shurtape Technologies, Llc
• Orafol Europe GmbH
• Adhesive Research, Inc.
• Saint-Gobain Performance Plastics
• American Biltrite Inc.
• Industrias Tuk, S.A. De C.V.
• AJIT Industries
• PPI Adhesive Products (C.E) S.R.O
• ACE Tech Korea Co.,Ltd
• Roll Tape S.R.L
• Adirondack Specialty Adhesives
• Specialty Tapes
• Boston Tapes S.P.A
• Teraoka Seisakusho Co., Ltd.
• Fuji Chemical Industrial Co., Ltd.
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