Filmic Tapes Market: An Overview
Adhesive tapes can be defined as a continuous flexible strip made of paper, metal foil, cloth, or plastic film layered with a thin coat of enduring glutinous adhesive on one or both sides.
The rising demand for better sealing ad closing solution the packaging industry is leading to the world of manufacturers (e.g electronics)of different industries to the more use of filmic tapes market. The high-quality plastic material is capable of providing additional strength, and stability to the weaker surface and it has accelerated the growth of the particular market for packaging solution.
It is anticipated that the perfectly suitable transparent adhesive tapes are expected to show good growth in the upcoming years because of its versatile qualities including durability and robustness, high adhesiveness, low cost, and minimal waste generation.
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Filmic Tapes Market: Dynamics
One of the major key drivers of the filmic tapes market is its tear resistance quality. The filmic tapes are much more tear resistant than any other adhesive tapes. These tapes are very suitable for permanent bonding sealing.
Moreover, the tape is resistant to a vast range of heat. The filmic tapes are a perfect fit for applying it to the smoother surface where the two surfaces (e.g. glass, metal, non-embossed plastics) are on the edge of getting overlapped and it may increase the tensile strength of a product along with providing a chemical barrier to oil, plasticiser and ultraviolet ray which gives the consumer an ultimate satisfaction.
The quality of being transparent is also driving the growth of the market as they are suitable for assembling different graphics of multi-colour. Primarily thin plastic backing material filmic tapes were in demand for use in different transparent applications, but nowadays filmic tapes are coming with an acrylate adhesive for a stronger and better adhesive solution for outdoor use for a longer period.
Some of the leading key players such as Tesa SE and 3M Company are offering the filmic tapes s with 260 um and 200 um material thickness respectively by advancing the tapes for superior bonding performance and high impact resistance and good die-cuttablity.
Presently e-commercial sites are trending in the world due to their doorstep delivery of products related to every field such as automotive, agriculture, arts, construction etc. The rising demand for online delivery system is creating an opportunity for manufacturers of filmic tapes for proving good packaging solution.
However, there are some factors which are restraining the growth of the filmic tapes market. The filmic tape leaves a sticky residue after leaving which may create problem sometime. Additionally, ban on plastic usage is hindering the growth of the filmic market.
Filmic Tapes Market: Covid19 impact
The outbreak of Covid-19 virus has hit more than 100 countries and it has impacted the filmic tapes market slightly on a negative manner due to the presence of zero or less labour in the workforce because of ongoing lockdown and social distancing system.
The delivery system in different fields like automotive and electronics have been declined delivery system and the filmic tapes requirement is less due to the lees requirement in packaging industry for delivering products from this industries.
Filmic Tapes Market: Regional Overview
Asia-pacific region is expected to lead the market of filmic tapes. China state council had announced a 10-year plan called “Made in China 2025” which focuses on high-quality equipment production in different segments like automotive, electronics, appliances etc. and this has grown as one of the drivers of the filmic tap market in the region.
This is followed by the market of Latin America region. The area of consumption of filmic tapes market is expanding day by day due to the rising number of automotive and electronic industries. North America and the Middle East & Africa are also expected to show good growth in the future owing to the rising number of the automotive industry.
Filmic Tapes Market: Key Manufacturers
- 3M Company
- JDS Solutions, Inc
- Berry Global Inc.
- Tesa SE
The rock paper labels market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Regional analysis includes
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa
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