Pressure Sensitive Tape Market Size, Company Share and Capacity Forecasts 2016

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Pressure Sensitive Tape Market Size, Share, Trend Analysis,

Market Growth By Technology Application And Segment

Forecasts To 2022

The global Pressure Sensitive Tape Market is expected to reach USD 69.26 billion by 2022, according to a

new report by Grand View Research, Inc. Growing demand for corrugated boxes mainly in China, India

and Brazil is expected to propel growth over the forecast period. Increasing demand for corrugated

packaging owing to its high durability and protection will fuel market expansion.

Rising concerns regarding eco-friendly packaging solutions owing to strict government and

environmental regulations is further expected to boost the carton sealing Tape demand. In addition,

high consumption of pressure sensitive Tape in medical sector owing to its non toxicity and compatibility

with different forms of sterilization will fuel industry growth. Introduction of highly effective and

environment friendly solvent recovery technology used during adhesive coating will open new avenues

in the near future.

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Building & construction is expected to witness significant volume gains at a CAGR of 5.9% from 2015 to

2022, on account of rapid construction sector growth in India, Malaysia, Mexico, Saudi Arabia,

Indonesia, Vietnam and China. MEA is expected to witness rise as a result of increasing foreign direct

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investments in real estate, construction and hospitality coupled with development of new residential as

well as non-residential offices.

Further key findings from the report suggest:

Global Pressure Sensitive Tape Market demand was 41,442.0 million square meters in 2014 and is

expected to reach 65,287.6 million square meters by 2022.

Masking Tape are expected to witness significant volume gains at a CAGR...