The tape market is expected to grow from US$63.1 billion in 2021 to US$83.8 billion in 2026, with a compound annual growth rate of 5.8%

2021-12-20 06:46:18 By : Ms. Nicole Chen

During the forecast period, the main factors driving the tape market include increased demand from end-use industries such as packaging, healthcare, electrical and electronics, and automobiles.

New York, December 16, 2021 (GLOBE NEWSWIRE) - Reportlinker.com announced the release of the report "Tape Market by Resin Type, Technology, Backing Material, End Use Industry and Region-Global Forecast to 2026"-https ://www.reportlinker.com/p04214600/?utm_source=GNW Compared with its substitutes-staples and glue, these tapes have a wide range of acceptability due to factors such as low cost and easy availability. Based on resins, the acrylic division is expected to lead the tape market during the forecast period. Based on resins, acrylic resins will account for the largest share of the tape market in 2020. Acrylic resins are in high demand due to their superior physical and chemical properties, lower cost, and applications in various end-use industries such as packaging, transportation, and medical care. Acrylic-based tapes are suitable for solvent-based and water-based technologies because they are more resistant to other solvents, chemicals, and water. Among all resins used in the tape industry, water-based acrylic adhesives are the cheapest. Based on the end-use industry, the healthcare sector is expected to lead the tape market during the forecast period. Healthcare is the fastest growing industry for specialty tapes. The aging population; the rising incidence of chronic diseases; the high demand for in vitro diagnostics, hydrophilic films, transdermal patches and oral soluble films is expected to drive the development of the global specialty tape market. Due to the emergence of new and advanced technologies and the increasing digitization of the paper and supplier fields, the healthcare industry is undergoing rapid changes. Adhesive tape is used to make disposable baby diapers, feminine hygiene products and adult incontinence products. Due to the optimal fiber content and good formability, the release liners used in these products have high tear strength and tensile strength. The tape market in the Asia-Pacific region is expected to witness the highest compound annual growth rate during the forecast period. During the forecast period, the tape market in the healthcare industry in the Asia-Pacific region is expected to grow at the highest compound annual growth rate. This growth is attributed to the high demand for traditional wound care products such as dry dressings, first aid kits and adhesive bandages in the area. The increasing awareness of advanced wound care is expected to drive demand for new products in the region. The region’s growth is mainly attributable to the high economic growth rate, followed by heavy investment in various industries such as automobiles, healthcare, electrical and electronics, and construction and construction. Companies such as Nitto Denko (Japan) and Ajit Industries (India) are setting up new factories or expanding their existing tape production units in the region. The advantage of shifting production to the Asia-Pacific region is the low production cost and the ability to better serve the local emerging markets. • By company type: Tier 1 – 60%, Tier 2 – 30% and Tier 3 – 10% • By position: C-level – 40%, director level – 50% and others – 10% • By region: North America – 32% , Europe – 21%, Asia Pacific – 32%, South America – 5%, Middle East and Africa – 10% The tape market includes major solution providers such as 3M (USA), tesa SE (Germany), Nitto Denko Corporation (Japan), Lintec Corporation (Japan), Intertape Polymer Group (Canada), Avery Dennison Corporation (U.S.), Lohmann GmbH (Germany), Berry Global Inc. (U.S.), Scapa Group PLC (Canada), and Rogers Corporation (U.S.) . The research includes an in-depth competitive analysis of these major players in the tape market, including their company profiles, latest developments and major market strategies. Research Scope: The tape market report has been based on materials (PP, PET), metals (aluminum, others), end-use industries (packaging, decoration) and regions (North America, Europe, Asia Pacific, South America, Middle East and Africa). Further analysis was conducted on the end-use industry segmentation of each country in each region. The report also provides company profiles and competitive strategies adopted by major players in the tape market. Reasons for buying the report: From the perspective of insight, this research report focuses on different levels of analysis—industry analysis (industry trends), market share analysis of top players, value chain analysis and company profile, which together constitute and Discussed basic views on the competitive landscape; emerging and high-growth market segments; high-growth regions; and market drivers, constraints, opportunities and challenges. The report provides the following insights: • Market penetration: comprehensive tape information provided by top players in the tape market • Product development/innovation: detailed insights into upcoming technologies, R&D activities, and new product releases. Tape market • Market development : Comprehensive information about lucrative emerging markets-the report analyzes the tape market in various regions • Market diversification: Detailed information on new products, undeveloped areas, latest developments and investments in the tape market • Competitive evaluation: In-depth evaluation of tape Market leaders' market share, strategy, products and manufacturing capabilities Read the full report: https://www.reportlinker.com/p04214600/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so that you can get all the market research you need instantly in one place. __________________________

Stock selector and hedging manager Casey Wood caused some serious waves last year when her ARK innovation ETF outperformed the S&P 500 by an order of magnitude. From the trough of the pandemic in March to the end of 2020, the S&P index has risen by 68%, while Wood's flagship fund has soared by 153%. This is an amazing performance. Wood made a wise choice last year, targeting investment in technology companies, remote connectivity and telemedicine. During the lock-in phase, businesses in all these market segments have achieved tremendous growth

(Bloomberg)-U.S. stock futures, Asian stocks and crude oil fell on Monday due to concerns that there will be more restrictions triggered by omicron, and after President Joe Biden’s economic agenda was frustrated, Goldman Sachs Group Inc. downgraded the U.S. economy Growth forecast. Bloomberg South Africa’s Omicron Wave’s hospitalization rate plummeted. Biden issued a “stern warning” on vaccination during the Covid surge. There are hundreds of thousands of new Omicron cases in the UK. DailyEurope supports more Covid restrictions because of you

Buffett turned millions into billions without the darling of electric cars in the U.S.

Three long-term "fool" contributors chose their favorite 2022 stock, which is down 50% or more from its high. Will Healy (Chewy): Chewy has opened up a niche market for itself in the pet supply business. Through higher levels of customer interaction, this e-commerce stock stands out from potential competitors such as Amazon.

Due to concerns about Fed policy and the rapidly spreading omicron variant of COVID-19, US stock index futures fell on Sunday night after a week of declines on Wall Street.

Features-Major US stock markets did not follow the script in 2021. As of December 16, the index's return rate was 26%, which is much higher than the average increase of approximately 10% predicted by strategists at the beginning of the year.

(Bloomberg) - Anxiety surrounding omicron variants is spreading. Most read articles from Bloomberg News. South Africa’s hospitalization rate plummeted. Omicron Wave Biden will issue a “stern warning” for vaccination during Covid Surge. The United States has suspended US futures, stocks fell due to the Manchin shock, and the virus: market summary Monday Asian trading hours were decisive Safe-haven tone: U.S. stock index futures fell, U.S. Treasury bonds rose

In this article, we discussed 10 electric vehicle stocks worth buying in 2022. If you want to skip our detailed analysis of these stocks, please go directly to 5 electric car stocks worth buying in 2022. In 2021, the sales of electric vehicles in China and Europe have surged, and these countries reported 1.2 million and 1.4 […]

At first glance, Alibaba Group Holdings seems to be an attractive deal. Alibaba and other Chinese companies continue to face the uncertainty of stock delisting, geopolitical tensions and Chinese regulatory crackdowns. As previously reported by Barron’s, some fund managers have recently started buying Alibaba stock.

REITs are paying huge dividends from various commercial real estate holdings.

Many names across the Nasdaq have fallen by 30%, 50%, and 75% from their highs. At the same time, consumer electronics giant Apple (NASDAQ: AAPL) is close to a 52-week high and has risen by 40% in the past 12 months, indicating that investors are selling smaller, higher-risk stocks, and Buy large mature stocks like Apple. This is why Apple may be the biggest disappointment in 2022.

The economist and consultant of Allianz SE said that high inflation will continue.

(Bloomberg)-Cruise LLC CEO Dan Aman convened a series of meetings when he received a call from General Motors CEO Mary Barra in the early afternoon of December 16. She told Amman that he was fired from a robotic taxi startup controlled by General Motors through a majority stake, according to people familiar with the matter. Thousands of new

Today, there are many options for investing in vaccine stocks. Adria Cimino (Ocugen): Due to optimism about potential coronavirus vaccine sales, Ocugen surged by more than 700% in the weeks earlier this year. The biotech company cooperated with Bharat Biotech to jointly commercialize the company's vaccine Covaxin in the United States. The transaction was later expanded to include Canada.

Nvidia GPU powers self-driving cars and cloud games, and the chip giant is also rapidly expanding into the meta universe. Is NVIDIA stock worth buying?

Worried about the stock market? Look for assets that fluctuate when stocks fluctuate.

If you have not heard of depositors’ credit lines, you may leave cash on the table.

In this article, we will discuss 10 5G stocks to buy in 2022. If you want to skip our detailed analysis of these stocks, please go directly to the 5 5G stocks to buy in 2022. As more and more smartphones, electric cars, laptops and other technologies evolve from factories to retail stores in 2022, […]

For some companies that build charging networks for electric vehicles, this is a rough road, but one company has gained the trust of its new directors. ChargePoint Holdings (stock code: CHPT) stock halved in 2021, and this year was a year of surge in the broader market. ChargePoint director Susan Heystee purchased 12,500 shares at a price of US$250,000 on December 10, at an average price of US$19.95 per share.

Upstart Holdings (NASDAQ: UPST) has been one of the biggest stock stories this year. Upstart uses artificial intelligence (AI) to assess the credit risk of borrowers. This scoring method attaches great importance to the repayment history of potential borrowers, and also considers the amount owed, credit type, length of credit history, and recent credit activity.