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Tapes production

The adhesive tapes market is projected to grow from $60.4 billion in 2020 to $79.9 billion by 2025 (1), at a CAGR of 5.7% during the forecast period. The adhesive tapes market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. 

The increasing use of adhesive tapes in various applications, such as packaging, healthcare, electrical & electronics, building & construction, white goods and automotive is driving the growth of the adhesive tapes market.

Natural rubber, films, foams, paper/PP/PVC, and release liners, are raw materials used in the manufacture of adhesive tapes. Most of these raw materials are petroleum-based derivatives that are vulnerable to fluctuations in commodity prices.

Comprising of a continuous strip of plastic films and other materials, the tapes are manufactured by coating one or both sides with adhesive of varying formulations.

(1) www.marketsandmarkets.com

Trends

Adhesive tapes usage is growing among many industries

  • Automobile manufacturers are shifting their attention towards automotive adhesive tapes compared to conventional mechanical fasteners to cut down the automobile weight and production costs. The growing demand for light-weight and fuel-efficient vehicles is forcing manufacturers to lookout for extensive weight saving options. In many components of an automotive, PSA is a good replacement for fasteners and can be used effectively where increased strength and flexibility are required.
  • Wearable adhesive is a new segment expected to register a CAGR of 13.12% during the period 2018-2023. Growing demand for wearable medical devices is driving the market. Wearable products are used for handheld monitoring tools such as blood pressure, heart rate, and blood glucose levels. The wearable devices help in identification and monitoring of diseases. Sports and fitness wearables demand augment the market growth. North America is the current market leader for wearable adhesives. Adhesives manufacturers have developed vapor-transmission adhesive products ranging from acrylic adhesives to single or double-sided tapes.
  • e-commerce booming across all regions is creating a growing demand from the packaging industry.

Water-based adhesives are increasingly becoming an integral part of various end-user industry due to their eco-friendly and low-toxic nature, high solid content and high initial adhesion properties.

Overall, manufacturers of tapes are more demanding to reduce waste in the manufacturing process and to process thinner films.

BOBST solutions

The machines in the BOBST CO coating range are configured for the production of tapes delivering unparalleled performance in uniformity of coating and high quality repeatable output.

Releated Machinery