© 2018 Global Market Insights, Inc. USA. All Rights Reserved Pressure Sensitive Tapes & Labels Market Update, Analysis, Forecast, 2017 – 2024
Global Market Scenario of Pressure Sensitive Tapes & Labels Industry Pressure Sensitive Tapes & Labels Market will surpass USD 150 billion by 2024; according to a new research report by Global Market Insights, Inc. Pressure Sensitive Tapes & Labels Market High growth in the food & beverage industry in emerging economies such as Brazil, India, Argentina, and China will drive pressure sensitive tapes & labels market demand till Tapes are extensively used in the packaging of food & beverage products. Increasing consumer demand for displaying key information about products content and nature has also led to a high demand for labels. Steady demand for packaged food products in the U.S. and other mature markets in Europe will also boost product market growth during the forecast timeframe. Lifestyle changes, long working hours, and ease of consumption has led to the increasing demand for packaged food products not only in developed countries, but in emerging economies as well. This will contribute to the pressure sensitive tapes & labels market development during the study period. © 2018 Global Market Insights, Inc. USA. All Rights Reserved
Stable growth in the U.S. manufacturing sector will also supplement the product market growth in the forecast timeframe. The U.S. manufacturing sector has revived from the 2008 economic slowdown and was valued above USD 2 trillion in Pressure sensitive tapes & labels market are used in a wide range of manufacturing industries including automotive, aerospace, heavy machinery, electronics, etc. Most of these products are used for bonding and masking operations during the manufacturing process and increasing manufacturing operations in the U.S. and around the world will boost pressure sensitive tapes & labels market demand. Based on backing material, pressure sensitive tapes & labels market is categorized into polyvinyl chloride, cloth, paper, polypropylene, and others. Paper is an important segment which will account for more than a fifth of the market size in Paper backing materials are extensively used for labels. They are also used for tapes which are used for masking applications. The increasing labels demand along with the lower costs of paper will favor this segment’s development in the study period. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved
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Increasing applications scope for PU based liquid waterproofing membrane for end-use applications such as roofs, wet area, decorative waterproofing and parking decks should favor product demand. Polyurethanes are widely used in industry on due to ease of application and uniformity should favor polymer market growth demand. Sheet waterproofing membrane market size should witness steady gains and surpass USD 3 billion by They are applied to roofs, kitchen floors, walls, balconies, bathrooms and wet rooms due to its low cost, safety and low maintenance properties. 360° Industry Analysis © 2018 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:
Regional Analysis: North America is a major pressure sensitive tapes & labels market owing to its large packaging and food & beverage industry. A large manufacturing sector is also a principal reason behind North America’s large market size which is likely to surpass USD 35 billion by Latin America market will exhibit growths of more than 6.5% CAGR and will turn into a key pressure sensitive tapes & labels market till the end of the study period. High growth in the Mexican automotive and general manufacturing industries along with high demand for packaging materials in South American countries such as Brazil, Argentina, and Chile will favor the region’s pressure sensitive tapes & labels market development in the forecast timeframe. Competitive Analysis: Major manufacturers in the pressure sensitive tapes & labels market include 3M, Avery Dennison Corporation, Scapa Group, American Biltrite, Berry Global, DeWAL, LINTEC Corporation, CCL Industries, MACtac, Constantia Flexibles, Gaska Tape, Inland, UPM Raflatac, Fuji Seal International, and COVERIS. © 2018 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This
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