The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The expanding construction sector will considerably contribute to the future growth of the pressure sensitive adhesive tapes market.

The global pressure sensitive adhesive tapes market size is expected to grow from $61.47 billion in 2022 to $66.02 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The global pressure sensitive adhesive tapes market size is expected to reach $85.39 billion in 2027 at a CAGR of 6.6%.

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Global Pressure Sensitive Adhesive Tapes Market Segments Include:

• By Type: Single-Coated Tapes Or Single-Sided Tapes, Double-Coated Tapes, Transfer Tapes Or Unsupported Tapes, Self-Wound Tape
• By Resin Type: Acrylic, Rubber, Silicone, Other Resin Types
• By End-Use Industry: Packaging, Electrical And Electronics, Medical And Hygiene, Construction, Transportation, Consumer And Office, Other End-Use Industries
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global pressure sensitive adhesive tapes market in 2021.

Major Market Players in the pressure sensitive adhesive tapes market include M Company, Avery Dennison Corporation, Lintec Corporation, Lohmann GmbH & Co. Kg, Nichiban Co. Ltd., Nitto Denko Corporation.

Product innovation is a key trend that is gaining traction in the market for pressure sensitive adhesive tapes. To maintain their market position, major players in the pressure sensitive adhesives market are focusing on producing innovative products. For example, Avery Dennison, a US-based maker of pressure-sensitive adhesive materials, will debut a new line of pressure-sensitive tapes for the interior building and construction industry in November 2022. Avery Dennison Interior Surfaces offers nine pressure-sensitive tape styles with different adhesive technologies for sticking goods to commercial and residential interior surfaces. The Interior Surfaces portfolio employs bonding elements that provide ease of use, application flexibility, durability, and consumer safety to address major difficulties encountered by interior product manufacturers, architects, designers, suppliers, and DIY users in the building and construction industries.

The Pressure Sensitive Adhesive Tapes Global Market Report 2023  provides a pressure sensitive adhesive tapes market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The pressure sensitive adhesive tapes market forecast analyzes pressure sensitive adhesive tapes market size, pressure sensitive adhesive tapes market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Pressure sensitive adhesive tapes are made of a thin, flexible material that has a single or double-sided adhesive covering. Pressure-sensitive adhesives do not require the use of a solvent, water, or heat to activate. The amount of pressure necessary to apply over adhesive has a direct impact on the binding.

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