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Top 5 News that Sticks

Double-Sided Tape Market Predictions Leads the News

Last week, a report about the double-sided tape market garnered the most reader interest.

By Teresa McPherson
top 5 news ASI
July 2, 2018

The double-sided tape market is estimated at $9.41 billion in 2018, and is projected to reach $13.15 billion by 2023, at a compound annual growth rate (CAGR) of 6.93% from 2018 to 2023, according to a recent report from Research and Markets. The increasing use of double-sided tapes in various applications, such as electrical and electronics, building and construction, automotive, and paper and printing is reportedly driving the growth of the market.

Based on technology, the hot-melt segment is expected to grow at the highest CAGR during the forecast period. Based on backing material, the paper/tissue segment is expected to grow at the highest CAGR. Based on application, the paper and printing segment is expected to grow at the highest CAGR in terms of volume. The demand for double-sided tapes in the paper and printing industry is reportedly coming from retail and digital printing industries.

The double-sided tape market in the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.

Read more…

Top 5 News that Sticks for June 24-30
1. Double-Sided Tape Market to Reach $13 Billion

2. Bostik Continues Tour de France Partnership

3. IMCD to Acquire HORN

4. Covestro Chief Sustainability Officer Northcote Dies

5. PVS Chemicals Announces Leadership Changes
 

KEYWORDS: acquisitions adhesives in construction market reports personnel tapes

Share This Story

Teresamcpherson95

Teresa McPherson was the former Editor of Adhesives & Sealants Industry. She has held several editorial positions during her more than 20 years with BNP Media. She holds a bachelor’s degree in English and journalism from Eastern Michigan University.

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