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    Hot Melt Adhesive Tapes Market | Covid-19 Impact Analysis

    Hot Melt Adhesive Tapes Market | Covid-19 Impact Analysis

    Hot Melt Adhesive Tapes Market | Covid-19 Impact Analysis
    Report code - SRAM473 Delivery - 2 Weeks
    Hot Melt Adhesive Tapes Market Size, Share, Trend, Forecast, & Industry Analysis &ndas See more...
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    Impact of COVID-19 on Hot Melt Adhesive Tapes Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Hot Melt Adhesive Tapes Market

    Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Hot Melt Adhesive Tapes Market Insights

    Hot Melt Adhesive Tapes Market is likely to witness an impressive CAGR of 7.1% during the forecast period. The market for hot melt adhesive tapes is driven by the surge in technological advancement and its growing demand in the Asia-Pacific region. In addition, the growing use of hot melt adhesive tapes in diverse applications along with the increasing adoption of hot melt adhesive technology is also leading to the growth of the market.

    Hot Melt Adhesive Tapes Market - Snapshot

    Growth

    7.1% for the next five years

    Major Adhesive Resin Type

    Rubber

    Dominant Application Type

    Consumer & DIY

    Region with the highest demand

    Asia-Pacific

    Key Players

    The 3M Company, Nitto Denko Corporation, Tesa SE, Avery Dennison Corporation, Intertape Polymer Group Inc., Shurtape Technologies, LLC , Scapa Group plc, LINTEC Corporation, ACHEM Technology Corporation, and TE Connectivity Ltd.

     

    Market Share Analysis

    Hot-Melt-Adhesive-Tapes-Market-Dominant-Segments

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    Hot Melt Adhesive Tapes Market Share: By Adhesive Resin Type

    Based on the adhesive resin type, the hot melt adhesive tapes market has been segmented as rubber and silicone. The rubber segment captured the major share in 2019, owing to the increase in use of hot melt adhesives. The segment’s cost is low in comparison to the acrylic-based and silicone-based adhesive tapes. It possesses peel strength and high track is the cause for its ability to adhere well to several low energy surfaces. All these factors are driving the growth of the segment during the forecast period.

    Hot Melt Adhesive Tapes Market Share: By Application Type

    Based on the application type, the market is segmented as packaging, consumer & DIY, masking, healthcare & hygiene, and others. The consumer & DIY segment is estimated to be the fastest-growing segment during the forecast period.

    Hot Melt Adhesive Tapes Market Share: By Region

    In terms of regions, Europe is estimated to dominate the hot melt adhesive tapes market during the forecast period. Asia-Pacific is estimated to grow at the fastest rate in countries such as Singapore, India, Indonesia, and South Korea. China is growing due to rapid expansion of adhesive tapes.

    Hot-Melt-Adhesive-Tapes-Market-By-Region

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    Some of the major players in the hot melt adhesive tapes market are-

    • The 3M Company
    • Nitto Denko Corporation
    • Tesa SE
    • Avery Dennison Corporation
    • Intertape Polymer Group Inc.
    • Shurtape Technologies, LLC
    • Scapa Group plc
    • LINTEC Corporation
    • ACHEM Technology Corporation
    • TE Connectivity Ltd.

     

    Market Scope & Segmentation

    Hot melt adhesive tapes are basically hot glues which are commonly used as solid cylindrical sticks of various diameters in the form of thermoplastic adhesives designed to use as hot glue guns. They are used by squeezing out of the nozzle, which is initially hot to burn and even blisters the skin.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

    Hot Melt Adhesive Tapes Market Research Report - Features

    Market Segmentation

    5

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The hot melt adhesive tapes market is segmented into the following categories. 

    Hot Melt Adhesive Tapes Market Size, Share, & Forecast, by Adhesive Resin Type:

    • Rubber (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Silicone (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Hot Melt Adhesive Tapes Market Size, Share, & Forecast, by Backing Material Type:

    • PP (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Polyester (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Hot Melt Adhesive Tapes Market Size, Share, & Forecast, by Product Type:

    • Commodity Tapes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Specialty Tapes (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

    Hot Melt Adhesive Tapes Market Size, Share, & Forecast, by Application Type:

    • Packaging (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Consumer & DIY (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Masking (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Healthcare & Hygiene (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Application Type Analysis: Automotive, Building & Construction, and Electrical & Electronics)

    Hot Melt Adhesive Tapes Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

    Hot-Melt-Adhesive-Tapes-Market-Segmentation

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    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 800 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the adhesive resin types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


    Frequently Asked Questions (FAQs)

    What will be the growth of Hot Melt Adhesive Tapes Market in the foreseeable future?

    The hot melt adhesive tapes market is expected to witness an impressive growth of 7.1% CAGR in the foreseeable future.

    Who are the key players in the Hot Melt Adhesives Market?

    The 3M Company, Nitto Denko Corporation, Tesa SE, Avery Dennison Corporation, Intertape Polymer Group Inc., Shurtape Technologies, LLC, Scapa Group plc, LINTEC Corporation, ACHEM Technology Corporation, and TE Connectivity Ltd are among the key players in the hot melt adhesives market.

    Which region is expected to dominate the Hot Melt Adhesive Tapes Market?

    Europe is expected to dominate the hot melt adhesive tapes market during the next five years.

    Which application type is expected to be the fastest growing segment in the Hot Melt Adhesive Tapes Market?

    The consumer & DIY segment is estimated to be the fastest-growing application type in the hot melt adhesive tapes market.

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