What is Cloth Adhesive Tape Market?
Cloth tape is defined as the adhesive tape which is made with a cloth backing to make it durable as well as flexible. It is widely used in sealing walls, electrical, plumbing tasks, bandages, among others. Increasing usage of adhesive tapes in various applications such as packaging, building & construction, electrical & electronics, automotive, health & hygiene & others and increasing demand from the packaging industry are some of the major which affect the growth of the market in the future.
The market study is being classified by Type (Duct Tapes, Gaffers Tapes, Cotton Cloth Tapes, Friction Tapes and Glass Cloth Tapes), by Application (Packaging, Building & Construction, Electrical & Electronics, Automotive, Health & Hygiene and Others) and major geographies with country level break-up.
3M (United States), Nitto Denko Corporation (Japan), Avery Dennison Corporation (United States), Tesa SE (Germany), Henkel AG & Company (Germany), Berry Global, Inc. (United States), Advance Tapes International Ltd (United Kingdom), Beiersdorf AG (Germany), Achem Technology (Taiwan) and Can-Do National Tape (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Intertape Polymer (Canada).
The global cloth adhesive tape market is highly fragmented with the presence of local players as well as regional players operating in the market. Some of the major players operating in the market are 3M (United States), Nitto Denko Corporation (Japan), Avery Dennison Corporation (United States), Tesa SE (Germany), Henkel AG & Company (Germany), among others. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Cloth Adhesive Tape market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Cloth Adhesive Tape market by Type, Application and Region.
On the basis of geography, the market of Cloth Adhesive Tape has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Usage of Adhesive Tapes in Various Applications
- Increasing Demand from Packaging Industry
Market Trend
- Rising Trend of Online Shopping Across the World
- Technology Advancement in Adhesive Tapes
Restraints
- Issue related to Implementation of Stringent Regulatory Policies
Opportunities
- Growing Demand from Emerging Market such as China and India
Challenges
- A problem regarding the Volatility in Raw Material Prices
Key Target Audience
Manufacturers of Cloth Adhesive Tape, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others