Double Sided Tape Market Share Will Take a Big Hit in the Coming Years

 [183 Pages Report] Double Sided Tape Market was valued at USD 8.82 Billion in 2017 and is projected to reach USD 13.15 Billion by 2023, at a CAGR of 6.93% during the forecast period. In this study, 2017 has been considered as the base year, and the forecast period is 2018 to 2023. The report aims at estimating the size and growth potential of the double sided tape market across different segments, such as resin type, technology, backing material, application, and region. Factors such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the double sided tape market have also been studied in this report. The report analyzes opportunities in the double sided tape market for stakeholders and presents a competitive landscape of the market.

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The double sided tape market has been segmented on the basis of resin type, backing material, technology application, and region. Based on resin type, the double sided tape market has been classified into acrylic, rubber, silicone, and others. Silicone-based adhesive tapes maintain adhesion over a large temperature range and possess the ability to adhere to difficult surfaces. The overall adhesive strength of silicone-based adhesive tapes is lower than that of other adhesive tapes. However, silicone-based double sided tapes are more expensive as compared to acrylic and rubber-based adhesive tapes.

https://www.prnewswire.com/news-releases/double-sided-tape-market-worth-1315-billion-usd-by-2023-684670781.html

3M Company (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Lintec Corporation (Japan), Intertape Polymer Group, Inc. (Canada), Avery Dennison Corporation (US), Shurtape Technologies, LLC (US), and Scapa Group Plc (UK) are some of the key players operating in the double sided tape market.

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Read our blog for more details: https://chemabd007.blogspot.com/2019/04/global-double-sided-tape-market.html

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