Industry Background:
Waterproof adhesive tape, a strong adhesive that is durable and holds securely and key solutions for automated product production across numerous industries. Currently, the market players are focusing on increasing reliability, compostability of raw material and recyclability of paper adhesive. Waterproof adhesive tapes are used to cover wounds, fix cover shields during surgeries, and protect abrasions, cuts, minor burns, blisters, and incisions. This, in turn, the growing demand from various end-use industries anticipated in the growth of the very market globally.This growth is primarily driven by Increasing Demand From Building & Construction Industries and Electrical & Electronics Globally and Growing Adoption of Latex Free Adhesive in the Manufacturing of Waterproof Adhesive Tape which is Durable and Holds Securely.
Major Vendors, such as 3M Company (United States), Avery Dennison (United States), Nitto Denko (Japan), Henkel (Germany), Tesa (Germany), Scapa Group (United Kingdom), Berry Global Inc. (United States), Intertape Polymer Group (United States), LINTEC Corporation (Japan) and Achem Technology Corporation (Taiwan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In October 2019, Avery Dennison Performance Tapes launched its new pressure-sensitive adhesives Core Series Portfolio, which features a full breadth of adhesive technologies, ranging from general-purpose rubber to silicone, in a variety of tape constructions.
Market Drivers
- Increasing Demand From Building & Construction Industries and Electrical & Electronics Globally
- Growing Adoption of Latex Free Adhesive in the Manufacturing of Waterproof Adhesive Tape which is Durable and Holds Securely
Market Trend
Restraints
- Volatility in Raw Material Prices
Opportunities
Growing Demand from Various End Use Industries Globally
Challenges
Less Product Differentiation
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Waterproof Adhesive Tape Study Sheds Light on
The Waterproof Adhesive Tape Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Waterproof Adhesive Tape industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Waterproof Adhesive Tape industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.