During the projection period of 2022 to 2032, it is anticipated that the global tape backing materials market will expand at a CAGR of roughly 5% to 6%. With a revenue share of roughly 60% to 70% from 2022 to 2032, polypropylene is anticipated to become the most popular material on the global market.
The expansion of the global market is anticipated to be aided by increasing uses of tape backing materials in packaging solutions across industries including electronic & electrical, food & beverage, personal care & cosmetics, confectioneries, home care, and others.
For More Insights on this Market, Get A Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-9147
The substrates used to manufacture functional tapes are relatively thin, flexible web-based materials called tape backing materials, also referred to as tape carrier materials. The most popular backing materials, among a wide range of options, are paper, foil, foam, laminates, non-woven fabric, and plastic films made of polyvinyl chloride (PVC) and polypropylene.
Due to their beneficial qualities, including their sealing ability, opacity, graphic reproduction, shelf appeal, resistance to chemicals, and weather resistance, these films are becoming a very popular key raw material for the production of adhesive tapes. Consequently, it is anticipated that rising tape usage in industries including automotive, electrical & electronic, medical, residential, and industrial will support market sales of tape backing materials.
Market Competition
Some of the leading players in the tape backing materials market are Ahlstrom-Munksjö, Muparo AG, Tesa SE, Neenah, Inc., and others.
Prominent players in the global tape backing materials market are aiming at launching sustainable products and capacity expansion to gain an edge in the highly competitive market.
Are you looking for customized information related to the latest trends, drivers, and challenges? @ https://www.futuremarketinsights.com/customization-available/rep-gb-9147
Key Players:
- Ahlstrom-Munksjö
- Muparo AG
- Tesa SE
- Neenah, Inc.
- Others
Key Segments Profiled in the Tape Backing Materials Market Survey
By Materials Type:
- Plastic
- Polypropylene
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
- Foam
- Paper
- Metal Foil
- Woven Fabric
- Others
Speak to Our Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-9147
By Application:
- Masking Tapes
- Double-Sided Tapes
- Electrical & Electronic Tapes
- Medical Tapes
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Japan
About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years
Contact Us:
Future Market Insights Inc.
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Browse all Reports: https://www.futuremarketinsights.com/reports
