PUBLISHER: Market Research Future | PRODUCT CODE: 1709511
PUBLISHER: Market Research Future | PRODUCT CODE: 1709511
Global Splicing Tape Market Research Report By Adhesive Type (Acrylic, Rubber, Silicone, and Others), By Application (Printing Industry, Paper & Pulp Industry, Film & Foil Processing, Packaging Industry, Textile Industry, and Others), By Material (Paper-Based Splicing Tapes, Plastic-Based Splicing Tapes Polyethylene (PE), Foam-Based Splicing Tapes, and Others) and By Type (Single-Sided Splicing Tapes and Double-Sided Splicing Tapes) Forecast to 2032
The Splicing Tape Market CAGR (growth rate) is anticipated to be approximately 2.6% between 2024 and 2032.
Splicing films are becoming increasingly used for high-performance applications in industries such as electronics, automotive, and aerospace. These films have high durability, resilience to temperature variations, and outstanding electrical insulation qualities, making them ideal for demanding applications. Another noticeable trend is the rising popularity of UV-resistant splicing tapes. These tapes are made with unique resins and pigments that protect the joint from UV light, resulting in long-lasting bond strength in outdoor or severe conditions. Furthermore, the use of automated splicing devices is gaining popularity, particularly in high-volume production plants. These solutions provide more efficiency, accuracy, and consistency, lowering labor costs and increasing overall production. Finally, sustainability is becoming an important factor for both manufacturers and end users. Splicing tapes made from environmentally friendly materials are becoming increasingly popular as businesses attempt to lower their carbon footprint and promote sustainability.
Market Segment insights
The Splicing Tape Market is divided into several applications, including printing, paper and pulp, film and foil processing, packaging, textiles, and others.
The market is divided into four segments based on adhesive type: acrylic, rubber, silicone, and others.The Global Splicing Tapes market is divided into four material segments: paper-based splicing tapes, plastic-based splicing tapes (polyethylene (PE), foam-based splicing tapes, and others.The Plastic-Based Splicing Tapes Polyethylene (PE) sector is further divided into Polypropylene (PP), Polyvinyl Chloride (PVC), and Other.
The market is divided into two segments based on type: single-sided splicing tapes and double-sided splicing tapes.
Regional insights
The Splicing Tape Market is divided into North America, Europe, APAC, South America, and MEA. North America had the greatest market share in 2023, owing to the presence of numerous data centers and telecommunications businesses in the region. Europe is predicted to be the second-largest market, followed by Asia-Pacific. The APAC region is predicted to experience the fastest growth rate during the forecast period, owing to rising demand for splicing tapes in the region's rapidly developing telecommunications and data centre industries.
The Europe Splicing Tape Market is predicted to grow steadily, supported by technological advancements in industrial manufacturing and the growing relevance of efficient production processes. Splicing tapes are recognized to improve operations, particularly in the region's well-established industries, such as paper, packaging, printing, and electronics manufacture.
Shurtape Technologies, Lintec Corporation, Henkel AG KGaA, Rogers Corporation, Blue Dolphin Marine, SaintGobain Abrasives, Lohmann Tapes, Tesa SE, 3M, Nitto Denko, Adhesives Research, Scapa, Intertape Polymer Group, Avery Dennison, and AgfaGevaert Group are among the key players in the splicing tape market.