The market for flatback tapes is anticipated to reach USD 1.5 billion by 2027, at a CAGR of 5.9% from 2022 to 2027, from an estimated USD 1.1 billion in 2022.
Flatback tapes are a type of pressure-sensitive adhesive tape, commonly made from a paper backing with adhesive on one side. They are characterized by their high adhesion, excellent tensile strength, and resistance to moisture and temperature fluctuations. The unique construction of flatback tapes, with their flat, non-elastic backing, offers advantages in various packaging and sealing applications.
Flatback Tape Market research report which is segmented by Adhesive type, by Product Type and by Region
Request for Report Sample – https://www.futuremarketinsights.com/reports/sample/rep-gb-2789
Rubber, acrylic, silicon are commonly used as adhesives. The thickness of the tape varies from 2.5 Mil to 15 Mil. These tapes possess high basis weight, so they can withstand high loads. These tapes are hand tear-able, which makes the manufacturing process simpler and convenient. These tapes have large thickness compared to crepe tapes, but very little elongation, from 2% to 4% mostly.
Flatback tapes are commonly used in splicing, packaging and masking applications. Manufacturers are trying to innovate flatback tapes so that they can increase its application base. For instance, in April 2016, the 3M Company introduced a hand tear masking tape under the brand name ‘Scotch Blue PLATINUM’ for painting applications and better performance. Along this line, in July 2016, Intertape Polymer Group Inc. launched ultra-thin washi paper backed moisture resistant masking tape under the brand name FineLine for achieving better performance while painting.
Market Trends and Drivers
- Rising demand for eco-friendly packaging solutions: With growing environmental consciousness, there is a surge in demand for sustainable packaging alternatives. Flatback tapes, made from renewable materials such as paper, align with this trend and are favored by environmentally conscious consumers.
- E-commerce boom: The rapid growth of the e-commerce sector has necessitated secure and reliable packaging solutions. Flatback tapes excel in this regard, providing strong adhesion and durability, ensuring products are safely transported.
- Advancements in adhesive technology: Continuous innovations in adhesive technology have improved the performance of flatback tapes. Enhanced adhesive formulations now offer better bonding strength, even on challenging surfaces.
- Growth in various industries: The demand for flatback tapes has surged across industries such as automotive, electronics, logistics, and food and beverage. These tapes find applications in packaging, splicing, labeling, and other critical functions.
Speak to our Research Expert https://www.futuremarketinsights.com/ask-question/rep-gb-2789
The Giant Players are:
- 3M Company
- Intertape Polymer Group Inc.
- Shurtape Technologies LLC
- tesa SE Group
- Scapa Group plc.
- Pro Tapes & Specialties, Inc.
- Nitto Denko Corp
- Canadian Technical Tape Ltd.
- others
The flatback tapes market is moderately correlated with these end use industries as it follows the dynamics of these industries. Countries in Asia Pacific such as India, Indonesia, Philippines, China, Thailand and Honk Kong represent the highest consumer confidence due to high annual GDP growth rates and improving lifestyles of the people. Some countries in MEA such as UAE and Saudi Arabia also represent considerable consumer confidence in their markets.
Flatback tapes are made from paper material, which is biodegradable and highly recyclable. The rising intolerance towards plastic is favouring the demand for flatback tapes. Substitute products for flatback tapes are largely made of plastic, which are expected to create landfill issues. Thereby, implementation of regulations pertaining to environment friendliness, plastic usage and waste dumping in manufacturing industries and other businesses is influencing consumers to choose paper backed tapes such as flatback tapes.
Thickness to Turn out to be a Hindering Factor in the Global Flatback Tapes Market-
Flatback tapes have high basis weight compared to crepe paper tapes. This results in higher strength, thickness and low elongation. However, the thickness makes it unfit for majority of applications like carton sealing where the application area includes sharp edges or flexible surfaces. Due to the high strength and low elongation, flatback tapes are easily tear-able by hand. Tear strength is the main area of concern in flatback tapes resulting in a slowdown in the market’s growth.
Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report! https://www.futuremarketinsights.com/checkout/2789
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
