Global Flat Back Tape Market – Industry Trends and Forecast to 2029

Data Bridge Market Research ****yses that the flat back tape market was valued at USD 1.03 billion in 2021 and is expected to reach USD 1.63 billion by 2029, registering a CAGR of 5.90 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, gr

A Qualitative Research Study accomplished by Data Bridge Market research's titled as "Flat Back Tape Market" with 100+ market data Tables, Pie Charts, Graphs Figures spread through Pages and easy to understand detailed analysis. Flat Back Tape market research report has been generated with the systematic gathering and evaluation of market information for Flat Back Tape industry which is presented in a form that explains various facts and figures to the business. This market research report contains thorough analysis of market and numerous related factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. It lends a hand to companies to take decisive actions to deal with threats in niche market. A brilliant team of analysts, experts, statisticians, forecasters and economists has worked rigorously to generate this advanced and all-inclusive Flat Back Tape market research report.

Data Bridge Market Research analyses that the flat back tape market was valued at USD 1.03 billion in 2021 and is expected to reach USD 1.63 billion by 2029, registering a CAGR of 5.90 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.     

Download Sample Copy of Flat Back Tape Market Report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-flat-back-tape-market

Market Definition

The flat back Tape is mainly designed for superior performance in a variety of splicing, packag

ing and tabbing applications. It provides a rapid positive seal under an extensive range of humidity and temperature conditions. These tapes are commonly used for splicing, holding and masking applications. Flat back tape provides aggressive adhesion.

Report Scope and Market Segmentation

REPORT METRIC

DETAILS

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Adhesive Type (Acrylic, Silicon, Rubber, Others), Product Type (Single Side, Double Side), Thickness ( 5 Mil, 5 Mil to 10 Mil, 10 Mil), Application (Packaging, Splicing, Binding, Masking, Tabbing, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa

Market Players Covered

3M (U.S.), Intertapes Polymer Group (Canada), Shurtape Technologies, LLC (U.S.), Tesa Tapes (India) Private Limited (India), Nitto Denko Corporation (Japan), Ahlstrom-Munksjö Oyj (Finland), Saint-Gobain (France), EMCOR Group Inc. (U.S.), Berry global Inc. (U.S.), Cintas Corporation (U.S.), Scapa Group Ltd  (U.K.), Advance Tapes International (U.K.), Bolex  International (U.S.), PPI Adhesive Products Ltd (Ireland), PPM Industries SpA (Italy), CCT (Coating Converting Technologies, LLC) (U.S.),  Avery Dennison Corporation (U.S.), TOYOCHEM Co. Ltd. (Japan), UltraTape (U.S.), Green Belting Industries (Canada)

Market Opportunities

  • Increasing application scope
  • Increasing number of product innovations
  • Rising demand in packaging sector

Flat Back Tape Market Dynamics

Drivers

  • Increase in demand due to unique features

The flat back tapes have massive demand in the market because it provides versatile features such as solvent and thinner resistance, easy curving, high tensile strength and absolute residue removal. These tapes are also industrial tapes because it is capable to sustain in outdoor applications, especially in logistics and construction industries which further increase the popularity and adoption of flat back tape among the end users.

  • Growing demand for sustainable solution

Flat back tapes are made from paper material that is highly recyclable and biodegradable. The increasing intolerance towards plastic is increasing the demand of flat back tapes. Thereby, implementing government regulations pertaining to environment friendliness, plastic usage and waste dumping in manufacturing industries and other industries is influencing the consumers to choose paper backed tapes such as flat back tapes. The rising demand for paper-based flat back tape is expected to drive the market's revenue growth.

Opportunities

  • Rising demand in packaging sector

With the advancements in technology, several industries are coming up with different packaging materials and packaging solutions in the market. The packaging industry has developed at the fastest rate in the last few years. The improving business of the packaging industry is generating the immense opportunities for building the business of different types of packaging materials which are expected to create beneficial opportunity for the flat back tape market.

Moreover, the increasing application scope from several end user industries such as medical devices, aerospace, building and construction, consumer electronics, automotive, and manufacturing will flourish many opportunities for the growth of the flat back tape market during forecast period.

Restraints/ Challenges

  • Improving packaging business

The improving business of the packaging sector has created immense pressure on the flat back tape manufacturers to fulfil the ongoing demand of the product, leading to the challenge of the growth of the flat back tape market in recent years.

  • Presence of alternatives

Now, the companies are coming up with different types of masking, splicing, tabbing, and sealing tapes which becoming major restraint for the growth of the flat back tape market. Also, the presence of product alternative is the main limitation towards the growth of the flat back tape market during the forecast period.

This flat back tape market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the flat back tape market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

  • In March 2021, Intertape Polymer Group Inc. extended its capstone facility in India to cater to the Indian market.
  • In April 2021, Tesa S.E. Group announced bio-based materials for their adhesive taps. This company’s new package tapes containing the tesapack® Paper Standard and EcoLogo: tesapack® Bio Strong.
  • In October 2021, Ahlstrom-Munksjö company launched a dedicated product range MasterTape™ Pack, a sustainable backing solutions tape. This tapes are offered in a wide variety of saturation base papers with different mechanical properties

Some of the major players operating in the Flat Back Tape market are:

  • 3M (U.S.)
  • Intertapes Polymer Group (Canada)
  • Shurtape Technologies, LLC (U.S.)
  • TesaTapes (India) Private Limited (India)
  • Nitto Denko Corporation (Japan)
  • Ahlstrom-Munksjö Oyj (Finland)
  • Saint-Gobain (France)
  • EMCOR Group Inc. (U.S.)
  • Berry global Inc. (U.S.)
  • Cintas Corporation (U.S.)
  • Scapa Group Ltd  (U.K.)
  • Advance Tapes International (U.K.)
  • Bolex  International (U.S.)
  • PPI Adhesive Products Ltd (Ireland)
  • PPM Industries SpA (Italy)
  • CCT (Coating Converting Technologies, LLC) (U.S.)
  • Avery Dennison Corporation (U.S.)
  • TOYOCHEM Co. Ltd. (Japan)
  • UltraTape (U.S.)
  • Green Belting Industries (Canada)

To Get Full Research Report, Click Here @ https://www.databridgemarketresearch.com/reports/global-flat-back-tape-market

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Flat Back Tape market
  • Product Development/Innovation: Detailed insights on upcoming technologies, RD activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Flat Back Tape Market

Consider Data Bridge Market Research for this Report which would Help Impact Your Revenues Positively

  • This study offers the latest product news, trends, and updates from the industry's leading players who have leveraged their market position.
  • It also offers strategic plans and standards to arrive at informed business decisions adopted by the main players, thereby advocating your go to market strategies.
  • In addition, it offers insights into the dynamics of customer behavior that can help the organization better curate market strategies
  • Usage of exclusive tailor-made tools along with primary research, secondary research and our in-house data model helps us in extracting the exact market numbers
  • Mapping the customer in 3P grid comprising of Purpose, Planning and Positioning, thereby delivering a solution by keeping the prospecting client at the sweet spot
  • The market research report includes all of the market's valuable elements, such as sales growth, product pricing analysis, growth opportunities, and recommendations for addressing market challenges
  • The Flat Back Tape report covers all the primary mergers acquisitions, alliances, and collaborations that have generated additional opportunities for market players or in some cases, challenges

To Gain More Insights about this Research, Visit @ https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-flat-back-tape-market

Key Industry Segmentation: Flat Back Tape Market

The flat back tape market is segmented on the basis of adhesive type, product type, thickness, and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Adhesive Type

  • Acrylic
  • Silicon
  • Rubber
  • Others

Product Type

  • Single Side
  • Double Side

Thickness

  • 5 Mil
  • 5 Mil to 10 Mil
  • 10 Mil

Application

  • Packaging
  • Splicing
  • Binding
  • Masking
  • Tabbing
  • Others

Regional Analysis/Insights: Flat Back Tape Market          

The flat back tape market is analysed and market size insights and trends are provided by country, adhesive type, product type, thickness, and application as referenced above.

The countries covered in the  flat back tape market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.

Asia-Pacific dominates the flat back tape market in terms of revenue during the forecast period. This is due to the increasing demand for flat back tape in this region. The Asia-Pacific region rules the flat back tape market, with China leading the way in terms of increasing automobile and electronic sector demand in this region.

During the estimated period, Europe is anticipated to be the fastest developing region due to the penetration of the many industrial sector coupled with augmented the usage of semiconductor equipment in the manufacturing sector in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Premium Insights
  5. Global Flat Back Tape Market: Regulations
  6. Market Overview
  7. Global Flat Back Tape Market, By Variety
  8. Global Flat Back Tape Market, By Packaging Size
  9. Global Flat Back Tape Market, By Application
  10. Global Flat Back Tape Market, By Distribution Channel
  11. Global Flat Back Tape Market, By Region
  12. Global Flat Back Tape Market: Company Landscape
  13. SWOT Analyses
  14. Company Profile
  15. Questionnaires
  16. Related Reports

To Check the Complete Table of contents, click here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-flat-back-tape-market

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