Jan 5, 2022   SOURCE: BusinessWire

Global Hot Melt Adhesive Tapes Market Research Report (2021 to 2026) - by Adhesive Resin Type, Backing Material, Tape Type, Product Type, Application and Region - ResearchAndMarkets.com

The "Hot Melt Adhesive Tapes Market Research Report by Adhesive Resin Type, Backing Material, Tape Type, by Product Type, Application, and Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The global hot melt adhesive tapes market size was estimated at USD 23.02 billion in 2020, is expected to reach USD 24.22 billion in 2021, and projected to grow at a CAGR of 5.55% reaching USD 31.84 billion by 2026.

Competitive Strategic Window

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Hot Melt Adhesive Tapes Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Hot Melt Adhesive Tapes Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Hot Melt Adhesive Tapes Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Hot Melt Adhesive Tapes Market?

4. What is the competitive strategic window for opportunities in the Global Hot Melt Adhesive Tapes Market?

5. What are the technology trends and regulatory frameworks in the Global Hot Melt Adhesive Tapes Market?

6. What is the market share of the leading vendors in the Global Hot Melt Adhesive Tapes Market?

7. What modes and strategic moves are considered suitable for entering the Global Hot Melt Adhesive Tapes Market?

Market Dynamics

Drivers

  • Growing demand from diverse sectors attributed to environmental impact from solvent-based adhesives
  • Demand for less cumbersome adhesion in packaging sector
  • Rising implementation of hot melt adhesive technology worldwide

Restraints

  • Fluctuating raw material prices

Opportunities

  • Potential demand from bookbinding and masking procedure in wood industry
  • Growing use in logistics and transportation industry owing to properties such as good insulation

Challenges

  • Reduced application in high temperature conditions

Companies Mentioned

  • 3M Company
  • ACHEM
  • Advance Tapes International
  • American Biltrite Inc.
  • American Casting Mfg.
  • Atlas Tapes
  • Avery Dennison Corporation
  • Fabo S.P.A.
  • General Sealants Inc.
  • Industrias Tuk, S.A. De C.V.
  • Intertape Polymer Group, Inc.
  • Irplast S.P.A.
  • Lintec Corporation
  • Nar S.P.A.
  • Nitto Denko Corporation
  • Pitamas
  • PPM Industries
  • Pro Tapes & Specialties, Inc.
  • Scapa Group Plc
  • Shurtape Technologies, LLC
  • Tape Dynasty
  • TE Connectivity Ltd.
  • Tesa SE
  • Vibac Group

For more information about this report visit https://www.researchandmarkets.com/r/ndqty7