Stratview Research has published a new report titled “Silicone Adhesive Tape Market” which is segmented By Type (Single Sided, Double Sided), Application (Packaging and Sealing, Apparel, Automotive, Electronics, Furniture, Pharmaceutical), and Region.
As per the study, the growth of the silicone adhesive tape market is driven by widespread use in various applications including packaging, sealing, apparel, and electronics among others. Significant growth of the medical industry on account of the rising prevalence of chronic diseases coupled with the geriatric populace across geographies. Moreover, surging demand for adhesive tapes with superior benefits and improved performance is likely to create lucrative opportunities for the players operating in the global market during the review period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis –
Based on application, the market has been segmented into packaging and sealing, apparel, automotive, electronics, furniture, and pharmaceutical. Among these, the packaging & sealing segment accounted for the largest market share in 2020 and is expected to propel the market growth at a significant rate during the review period.
The market in the Asia-Pacific region accounted for the largest market share in 2020 and is expected to grow at a healthy CAGR during the review period. The regional market growth can be attributed to expanding growth of packaging, electrical & electronics, and medical industries among others in developing countries, particularly China and India. The market in North America and Europe regions is expected to be driven by the established presence of the end-use industries, particularly medical, packaging and electronics.
Who are the Key Players in the Market?
This report provides market intelligence in the most comprehensive way. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players activen in the Silicone Adhesive Tape Market:
- Cheever Specialty Paper & Film (US)
- Gergonne (France)
- Dermarite Industries LLC (US)
- CS Hyde Company (US)
- Hi-Tech International Thermal Insulations (India)
- Huangshan Meiao Composite Materials Co., Ltd (China).
Key questions answered by the report
- What is the projected CAGR for revenue from the Silicone Adhesive Tape Market during the forecast period?
- What would be the market be valued at by 2026?
- What is a major driving factor for growth of the market?
- Which region accounted for largest revenue share in the Silicone Adhesive Tape Market?
- Which are the major market players?
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About Us Stratview Research is a global market research firm, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with insightful market data to aid strategic decision making. These exclusive reports are the result of exclusive research methodology and are available for key industries such as chemicals, composites, advanced materials, technology, renewable energy, and more.
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