Filament is known as a type of pressure sensitive adhesive tape. A pressure sensitive adhesive material is covered onto a backing material that can be polyester or polypropylene film or a fiberglass and it provides abrasion, high tensile strength and moisture resistance, and also delivers good handling for utility. The other advantages include good shear and initial adhesion, delivers longer package life due to the occurrence of adhesions and filaments, and offers illustrations and printing to be seen through tape which makes the filament tapes more attractive.
MARKET DYNAMICS
The features including multi functionality, convenience to use, easy removability without marks, resistant to tears etc. is fueling the demand in the filament tapes market. Additionally, filament tapes are well-known as stronger than glue twines or closures, that might attract customer towards filament tapes and can further fuel the customer base. Even though filament tapes are very useful for heavy packaging purpose, though, they are well known as one of the priciest tapes available in the market which is expected to hamper the market growth
MARKET SCOPE
The "Global Filament Tapes Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the filament tapes with detailed market segmentation by application, end use and width. The global filament tapes market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading filament tapes market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global filament tapes market is segmented on the basis of application into corrugated fiberboard boxes, reinforcing packages, bundling items, glass sealing, strapping. On the basis of en d use the filament tapes market is segmented into appliance, automotive, consumer goods, electronics, food and beverage, furniture, packaging, oil and gas, others. Moreover, on the basis of width the market has been segmented into 12 mm, 18 mm, 24 mm, 36 mm, 48 mm, 72 mm, 96 mm.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global filament tapes market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The filament tapes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the filament tapes market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the filament tapes market in these regions.
MARKET PLAYERS
The reports cover key developments in the filament tapes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from filament tapes market are anticipated to lucrative growth opportunities in the future with the rising demand for filament tapes in the global market. Below mentioned is the list of few companies engaged in the filament tapes market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the filament tapes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- 3M
- Intertape Polymer Corp, Inc.
- Tesa Tape Inc.
- Canadian Technical Tape, Ltd.
- Saint-Gobain Performance Plastics
- Krush Adhesive Tape, Inc.
- Sekisui TA Industries, LLC
- Pro Tapes & Specialties Inc
- PPM INDUSTRIES S.P.A.
- Guangzhou Weasy Adhesive Products Co.
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