Splicing Tapes Market by Resin (Acrylic, Rubber, Silicone), Backing Material (Paper/Tissue, Pet/Polyester, Non-Woven & Others), Application (Paper & Printing, Packaging, Electronics, Labeling), and Region - Forecast to 2023
[124 Pages Report] The splicing tapes market size is projected to grow from USD 527 million in 2018 to USD 593 million by 2023, at a CAGR of 2.37% during the forecast period. There is a high demand for splicing tapes in the paper & printing and packaging industries due to the increase in population and digitalization in many parts of the globe. Digitalization process has driven the market of online shopping which has propelled the demand for packaging and labeling. Also, paper and paperboard packaging are gaining consumers attraction due to their effective solutions in food & beverages, healthcare, manufacturing, personal care, and other industries which is also driving the splicing tapes market.
The paper/tissue segment is expected to account for the largest share of the splicing tapes market.
Paper/tissue splicing tapes are also referred to as micropore tapes because of pores in the backing material. These tapes provide excellent comfort compared to the fabric or PET/polyester splicing tapes. It is fundamentally relatively thin, flexible, and also smooth which makes it perfectly suited for paper & printing application. The paper/tissue properties may differ widely on the raw material quality. The demand for raw material also depends on where, how long, and for what purpose the splicing tape should be used.
The paper & printing application is expected to account for the largest share of the splicing tapes market.
The paper & printing segment is expected to account for the largest market share during the forecast period. The splicing tapes used in the paper & printing industry can be single-sided or double-sided and repulpable and non-repulpable. Splicing tapes are mainly used in the paper industry during production of paper. They are also used for flexographic printing, end tabbing, permanent overlapped splices, paper for packaging application, and others. Splicing tape is particularly characterized by a high tensile strength, high shear strength, and good ageing resistance.
APAC is expected to account for the largest market share during the forecast period.
APAC is the largest splicing tapes market, in terms of value and volume, and is projected to be the fastest-growing splicing tapes market during the forecast period. APAC has been a high potential splicing tapes market against the backdrop of an overall slowdown in the global economy. The paper & printing and packaging sectors are growing rapidly in tandem with the rising population which is one of the major factors driving the splicing tapes market. The market in China, India, and other rapidly developing countries is expected to witness the fastest growth, while more developed markets such as the US, Germany, Japan, and the UK, will witness slow or no growth during the forecast period.
In APAC, China is the largest and second-fastest growing economy after India. China is currently one of the largest pulp and paper product manufacturers in the world. The Chinese manufacturers have consistently invested in the latest paper manufacturing infrastructure, creating a highly competitive environment for international trade of paper products. Various advanced technologies and machinery are used in the country by manufacturers to come up with the end products of splicing tapes by using different backing materials.
Key Market Players
The key players of splicing tape includes tesa SE (Germany), 3M Company (US), Nitto Denko Corporation (Japan), Avery Dennison Corporation (US), Intertape Polymer Group, Inc. (Canada), Scapa Group PLC (UK), Shurtape Technologies, PLC (US), ECHOtape (US), and Adhesive Research, Inc. (US). tesa SE (Germany) is one of the largest splicing tapes companies. This company has a strong global presence. It has a diversified product portfolio to cater to end-use industries according to their requirements. To sustain its dominating position, the company may enter into new industries and target new markets.
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Scope of the Report
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Report Metric |
Details |
|
Years considered for the study |
20162023 |
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Base year |
2017 |
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Forecast period |
20182023 |
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Units considered |
Value (USD) and Volume (MSM) |
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Segments |
Resin, Backing Material, Application, and Region |
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Regions |
APAC, North America, Europe, South America, and Middle East & Africa |
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Companies |
3M Company (US), Nitto Denko Corporation (Japan), Avery Dennison Corporation (US), Scapa Group Plc (US), tesa SE (Germany), Intertape Polymer Group, Inc. (Canada), Shurtape Technologies, Llc (US), ECHOtape (US), Orafol Europe Gmbh (Germany) and Adhesive Research, Inc. (US). |
This research report categorizes the splicing tapes market based on resin, backing material, application, and region.
On the basis of resin, the splicing tapes market is segmented as follows:
- Acrylic
- Rubber
- Silicone
- Others (Polyurethane and Phenolic)
On the basis of backing material, the splicing tapes market is segmented as follows:
- Paper/Tissue
- PET/Polyester
- Non-Woven
- Others (PVC, Cloth fiber, PP, PE, and Polyolefin)
On the basis of application, the splicing tapes market is segmented as follows:
- Paper & Printing
- Packaging
- Labeling
- Electronics
- Others (Floor Covering, Plastic Bonding, Automotive, and Textile)
On the basis of region, the splicing tapes market is segmented as follows:
- APAC
- North America
- Europe
- South America
- Middle East & Africa
Recent Developments
- In Feb 2018, tesa (Germany) launched a new product called tesa Easy Splice which is used in the paper & printings industry. It is used to increase output volume and reduce change over time.
Key questions addressed by the report
- What are the major developments impacting the market?
- What are the upcoming technologies in the splicing tapes market?
- What will be the major factors impacting market growth during the forecast period?
- What are the driving factors, opportunities, restraints, and challenges that affect the growth of the market?
- Will the downfall of the paper & pulp industry negatively affect the market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
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Table of Contents
1 Introduction (Page No. - 15)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders
2 Research Methodology (Page No. - 18)
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Key Data From Primary Sources
2.3.1.1 Key Industry Insights
2.3.1.2 Breakdown of Primary Interviews
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Data Triangulation
2.6 Assumptions
2.7 Limitations
3 Executive Summary (Page No. - 26)
4 Premium Insights (Page No. - 30)
4.1 Attractive Opportunities in the Splicing Tapes Market
4.2 Splicing Tapes Market, By Resin Type
4.3 Splicing Tapes Market, By Backing Material
4.4 APAC Splicing Tapes Market, By Application and Country
4.5 Splicing Tapes Market, Developed vs. Developing Countries
4.6 Splicing Tapes Market, By Country
5 Market Overview (Page No. - 33)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth of Paper Production and Virgin-Fiber Pulp Mills in APAC, Africa, and South America
5.2.1.2 Increasing Demand for Repulpable Paper/Tissue in North America, APAC, and Europe
5.2.2 Restraints
5.2.2.1 The Process of Making Recycled Paper is Not Hygienic
5.2.2.2 Decreasing Paper Consumption in Europe and North America
5.2.3 Opportunities
5.2.3.1 Rapid Expansion of the Internet and E-Commerce Business Model
5.2.3.2 Expansion of the Pulp & Paper Industry in APAC
5.2.3.3 Use of Non-Wood Fiber in Paper Production
5.2.4 Challenges
5.2.4.1 Increasing Digitalization and Paperless Reading
5.3 Porters Five Forces Analysis
5.3.1 Intensity of Competitive Rivalry
5.3.2 Bargaining Power of Buyers
5.3.3 Bargaining Power of Suppliers
5.3.4 Threat of Substitutes
5.3.5 Threat of New Entrants
5.4 Macroeconomic Overview and Key Trends
5.4.1 Introduction
5.4.2 Trends and Forecast of GDP
6 Splicing Tapes Market, By Resin Type (Page No. - 41)
6.1 Introduction
6.2 Acrylic
6.2.1 Low Tack and Low Peel Strength are Driving the Demand for Acrylic Splicing Tapes Globally
6.3 Rubber
6.3.1 Good Adhesion to A Variety of Substrates Such as Plastics and Non-Polar is Boosting the Demand for Rubber Splicing Tapes in APAC
6.4 Silicone
6.4.1 Wide Usage in Electronics, Floor Covering, Packaging, and Textile Applications is Driving the Silicone Splicing Tapes Market
6.5 Others
7 Splicing Tapes Market, By Backing Material (Page No. - 47)
7.1 Introduction
7.2 Paper/Tissue
7.2.1 Repulpable Nature of Paper Will Drive the Use of Paper/Tissue as A Backing Material in Splicing Tapes
7.3 Pet/Polyester
7.3.1 The Growing Paper & Printing Industry is Expected to Spur the Demand for Pet/Polyester Backing Material in Splicing Tapes
7.4 Non-Woven
7.4.1 The Low Thickness and Good Adhesion to A Variety of Substrates Will Drive the Demand for Non-Woven Splicing Tapes
7.5 Others
8 Splicing Tapes Market, By Application (Page No. - 53)
8.1 Introduction
8.2 Paper & Printing
8.2.1 Growing E-Commerce Business has Increased the Demand for Papers and Packaging Materials
8.3 Electronics
8.3.1 Presence of Oem of Electronics Components in APAC is Expected to Drive the Splicing Tape Market
8.4 Packaging
8.4.1 The Use of Recycled Paper/Tissue Backing Material in Splicing Tapes is Expected to Drive the Market in the Application
8.5 Labeling
8.5.1 The Growing Food & Beverages Industry is Expected to Drive the Demand for Labels
8.6 Others
9 Splicing Tapes Market, By Region (Page No. - 61)
9.1 Introduction
9.2 APAC
9.2.1 China
9.2.1.1 The Consumption of Splicing Tapes is High in the Country as It is One of the Largest Pulp and Paper Product Manufacturers
9.2.2 Japan
9.2.2.1 Japan is the Third-Largest Paper and Paperboard Producer After China and the US
9.2.3 South Korea
9.2.3.1 Stringent Environmental Regulations Regarding the Manufacture of Solvent-Based Adhesive Have Restricted the Use of High Voc Content Tapes
9.2.4 Taiwan
9.2.4.1 Paper & Printing and Packaging Industries are Expected to Drive the Demand for Splicing Tapes in the Country
9.2.5 India
9.2.5.1 The Country is the Fastest-Growing Splicing Tapes Market Globally
9.2.6 Rest of APAC
9.3 North America
9.3.1 Us
9.3.1.1 Demand for Repulpable Paper/Tissue Tapes Will Drive the Splicing Tapes Market
9.3.2 Canada
9.3.2.1 The Paper & Pulp Production in Canada is Expected to Grow in the Future
9.3.3 Mexico
9.3.3.1 Growing Demand From Key Applications Such as Paper & Printing and Packaging is Expected to Propel the Demand for Splicing Tapes
9.4 Europe
9.4.1 Germany
9.4.1.1 Innovations in Products Will Drive the Splicing Tapes Market
9.4.2 Uk
9.4.2.1 The Slowing Down of the Paper & Pulp Industry is A Major Restraint for the Splicing Tape Manufacturers in the Uk
9.4.3 Italy
9.4.3.1 Increasing Focus on the Production of Repulpable Papers is Expected to Drive the Demand for Splicing Tapes
9.4.4 Finland
9.4.4.1 The Country is the Leading Producer of Pulp and Paper in the Region
9.4.5 Sweden
9.4.5.1 The Country is the Worlds Third Largest Exporter of Pulp,Paper, and Sawn Wood Products
9.4.6 France
9.4.6.1 The Growing Paper & Printing and Packaging Industries Will Drive the Demand for Splicing Tapes
9.4.7 Spain
9.4.7.1 Growth in the Paper and Pulp Production is Boosting the Demand for Splicing Tapes
9.4.8 Rest of Europe
9.5 Middle East & Africa
9.5.1 South Africa
9.5.1.1 The Demand for Splicing Tape is Increasing Due to the Rapid Expansion of the Paper & Printing Industry
9.5.2 Rest of Middle East & Africa
9.6 South America
9.6.1 Brazil
9.6.1.1 The Country is the Attractive Market for Paper Production Due to the Easy Availability of Pulp
9.6.2 Rest of South America
10 Competitive Landscape (Page No. - 92)
10.1 Introduction
10.2 Competitive Leadership Mapping
10.2.1 Visionary Leaders
10.2.2 Innovators
10.2.3 Dynamic Differentiators
10.2.4 Emerging Companies
10.3 Market Ranking Analysis
10.4 Competitive Scenario
10.4.1 New Product Launch
11 Company Profiles (Page No. - 97)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
11.1 tesa SE
11.2 3M Company
11.3 Nitto Denko Corporation
11.4 Avery Dennison Corporation
11.5 Intertape Polymer Group, Inc.
11.6 Scapa Group PLC
11.7 Shurtape Technologies, Llc
11.8 ECHOtape
11.9 Orafol Europe GmbH
11.1 Adhesive Research, Inc.
11.11 Other Companies
11.11.1 Saint-Gobain Performance Plastics
11.11.2 American Biltrite Inc.
11.11.3 Industrias Tuk, S.A. De C.V.
11.11.4 AJIT Industries
11.11.5 PPI Adhesive Products (C.E) S.R.O
11.11.6 ACE Tech Korea Co.,Ltd
11.11.7 Roll Tape S.R.L
11.11.8 Adirondack Specialty Adhesives
11.11.9 Specialty Tapes
11.11.10 Boston Tapes S.P.A
11.11.11 Teraoka Seisakusho Co., Ltd.
11.11.12 Fuji Chemical Industrial Co., Ltd.
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
12 Appendix (Page No. - 119)
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details
List of Tables (84 Tables)
Table 1 Splicing Tapes Market Snapshot
Table 2 Major Players Profiled in This Report
Table 3 Trends and Forecast of GDP, Annual Percentage Change
Table 4 Global Pulp & Paper Industry Manufacturers
Table 5 Global Pulp & Paper Industry Production CAPACity
Table 6 Global Paper & Board Production
Table 7 Splicing Tapes Market Size, By Resin Type, 20162023 (USD Million)
Table 8 Splicing Tapes Market Size, By Resin Type, 20162023 (Msm)
Table 9 Acrylic Splicing Tapes Market Size, By Region, 20162023 (USD Million)
Table 10 Acrylic Splicing Tapes Market Size, By Region, 20162023 (Msm)
Table 11 Rubber Splicing Tapes Market Size, By Region, 20162023 (USD Million)
Table 12 Rubber Splicing Tapes Market Size, By Region, 20162023 (Msm)
Table 13 Silicone Splicing Tapes Market Size, By Region, 20162023 (USD Million)
Table 14 Silicone Splicing Tapes Market Size, By Region, 20162023 (Msm)
Table 15 Other Splicing Tapes Market Size, By Region, 20162023 (USD Million)
Table 16 Other Splicing Tapes Market Size, By Region, 20162023 (Msm)
Table 17 Splicing Tapes Market Size, By Backing Material, 20162023 (USD Million)
Table 18 Splicing Tapes Market Size, By Backing Material, 20162023 (Msm)
Table 19 Paper/Tissue Splicing Tapes Market Size, By Region, 20162023 (USD Million)
Table 20 Paper/Tissue Splicing Tapes Market Size, By Region, 20162023 (Msm)
Table 21 Pet/Polyester Splicing Tapes Market Size, By Region, 20162023 (USD Million)
Table 22 Pet/Polyester Splicing Tapes Market Size, By Region, 20162023 (Msm)
Table 23 Non-Woven Splicing Tapes Market Size, By Region, 20162023 (USD Million)
Table 24 Non-Woven Splicing Tapes Market Size, By Region, 20162023 (Msm)
Table 25 Other Backing Materials Market Size, By Region, 20162023 (USD Million)
Table 26 Other Backing Materials Market Size, By Region, 20162023 (Msm)
Table 27 Splicing Tapes Market Size, By Application, 20162023 (USD Million)
Table 28 Splicing Tapes Market Size, By Application, 20162023 (Msm)
Table 29 Splicing Tapes Market Size in Paper & Printing Application, By Region, 20162023 (USD Million)
Table 30 Splicing Tapes Market Size in Paper & Printing Application, By Region, 20162023 (Msm)
Table 31 Splicing Tapes Market Size in Electronics Application, By Region, 20162023 (USD Million)
Table 32 Splicing Tapes Market Size in Electronics Application, By Region, 20162023 (Msm)
Table 33 Splicing Tapes Market Size in Packaging Application, By Region, 20162023 (USD Million)
Table 34 Splicing Tapes Market Size in Packaging Application, By Region, 20162023 (Msm)
Table 35 Splicing Tapes Market Size in Labeling Application, By Region, 20162023 (USD Million)
Table 36 Splicing Tapes Market Size in Labeling Application, By Region, 20162023 (Msm)
Table 37 Splicing Tapes Market Size in Other Applications, By Region, 20162023 (USD Million)
Table 38 Splicing Tapes Market Size in Other Applications, By Region, 20162023 (Msm)
Table 39 Splicing Tapes Market Size, By Region, 20162023 (USD Million)
Table 40 Splicing Tapes Market Size, By Region, 20162023 (Msm)
Table 41 APAC: Splicing Tapes Market Size, By Country, 20162023 (USD Million)
Table 42 APAC: Splicing Tapes Market Size, By Country, 20162023 (Msm)
Table 43 APAC: Splicing Tapes Market Size, By Resin Type, 20162023 (USD Million)
Table 44 APAC: Splicing Tapes Market Size, By Resin Type, 20162023 (Msm)
Table 45 APAC: Splicing Tapes Market Size, By Backing Material, 20162023 (USD Million)
Table 46 APAC: Splicing Tapes Market Size, By Backing Material, 20162023 (Msm)
Table 47 APAC: Splicing Tapes Market Size, By Application, 20162023 (USD Million)
Table 48 APAC: Splicing Tapes Market Size, By Application, 20162023 (Msm)
Table 49 Use of Paper in Different Industries in South Korea (Metric Ton)
Table 50 North America: Splicing Tapes Market Size, By Country, 20162023(USD Million)
Table 51 North America: Splicing Tapes Market Size, By Country, 20162023 (Msm)
Table 52 North America: Splicing Tapes Market Size, By Resin Type, 20162023 (USD Million)
Table 53 North America: Splicing Tapes Market Size, By Resin Type, 20162023 (Msm)
Table 54 North America: Splicing Tapes Market Size, By Backing Material, 20162023 (USD Million)
Table 55 North America: Splicing Tapes Market Size, By Backing Material, 20162023 ( Msm)
Table 56 North America: Splicing Tapes Market Size, By Application, 20162023 (USD Million)
Table 57 North America: Splicing Tapes Market Size, By Application, 20162023 (Msm)
Table 58 Europe: Splicing Tapes Market Size, By Country, 20162023 (USD Million)
Table 59 Europe: Splicing Tapes Market Size, By Country, 20162023 (Msm)
Table 60 Europe: Splicing Tapes Market Size, By Resin Type, 20162023 (USD Million)
Table 61 Europe: Splicing Tapes Market Size, By Resin Type, 20162023 (Msm)
Table 62 Europe: Splicing Tapes Market Size, By Backing Material, 20162023 (USD Million)
Table 63 Europe: Splicing Tapes Market Size, By Backing Material, 20162023 (Msm)
Table 64 Europe: Splicing Tapes Market Size, By Application, 20162023 (USD Million)
Table 65 Europe: Splicing Tapes Market Size, By Application, 20162023 (Msm)
Table 66 Middle East & Africa: Splicing Tapes Market Size, By Country, 20162023 (USD Million)
Table 67 Middle East & Africa: Splicing Tapes Market Size, By Country, 20162023 (Msm)
Table 68 Middle East & Africa: Splicing Tapes Market Size, By Resin Type, 20162023 (USD Million)
Table 69 Middle East & Africa: Splicing Tapes Market Size, By Resin Type, 20162023 (Msm)
Table 70 Middle East & Africa: Splicing Tapes Market Size, By Backing Material, 20162023 (USD Million)
Table 71 Middle East & Africa: Splicing Tapes Market Size, By Backing Material, 20162023 (Msm)
Table 72 Middle East & Africa: Splicing Tapes Market Size, By Application, 20162023 (USD Million)
Table 73 Middle East & Africa: Splicing Tapes Market Size, By Application, 20162023 (Msm)
Table 74 Paper Production and Consumption in South Africa, 2015
Table 75 South America: Splicing Tapes Market Size, By Country, 20162023 (USD Million)
Table 76 South America: Splicing Tapes Market Size, By Country, 20162023 (Msm)
Table 77 South America: Splicing Tapes Market Size, By Resin Type, 20162023 (USD Million)
Table 78 South America: Splicing Tapes Market Size, By Resin Type, 20162023 (Msm)
Table 79 South America: Splicing Tapes Market Size, By Backing Material, 20162023 (USD Million)
Table 80 South America: Splicing Tapes Market Size, By Backing Material, 20162023 (Msm)
Table 81 South America: Splicing Tapes Market Size, By Application, 20162023 (USD Million)
Table 82 South America: Splicing Tapes Market Size, By Application, 20162023 (Msm)
Table 83 Ranking of Key Players
Table 84 New Product Launch, 20152018
List of Figures (43 Figures)
Figure 1 Splicing Tapes Market Segmentation
Figure 2 Splicing Tapes Market: Research Design
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Splicing Tapes Market: Data Triangulation
Figure 6 APAC to Be the Fastest-Growing Splicing Tapes Market
Figure 7 Silicone to Be the Fastest-Growing Resin for Splicing Tapes
Figure 8 Paper/Tissue to Be the Fastest-Growing Backing Material for Splicing Tapes
Figure 9 Electronics to Be the Fastest-Growing Application of Splicing Tapes
Figure 10 Emerging Economies Offer Attractive Opportunities for the Splicing Tapes Market
Figure 11 Acrylic Segment to Dominate the Splicing Tapes Market, 2018 and 2023
Figure 12 Paper/Tissue Segment to Dominate the Splicing Tapes Market
Figure 13 Paper & Printing Application and China Accounted for the Largest Share
Figure 14 Splicing Tapes Market in Developing Countries to Grow Faster Than That in the Developed Countries
Figure 15 India to Be the Fastest-Growing Market for Splicing Tapes
Figure 16 Drivers, Restraints, Opportunities, and Challenges in the Splicing Tapes Market
Figure 17 Splicing Tapes Market: Porters Five Forces Analysis
Figure 18 Acrylic Was the Largest Resin Type Segment in the Market in 2017
Figure 19 Paper/Tissue Backing Material Was the Largest Segment in the Market in 2017
Figure 20 Rising Paper & Printing Application to Drive the Market, 20182023
Figure 21 India to Register the Highest Cagr During the Forecast Period
Figure 22 APAC: Splicing Tapes Market Snapshot
Figure 23 Paper and Paperboard Production Trend in Japan, 20132017
Figure 24 North America: Splicing Tapes Market Snapshot
Figure 25 Paper & Printing Application to Drive the Splicing Tapes Market
Figure 26 Paper and Paperboard Production in Finland:
Figure 27 Finland: Paper and Board Export Markets, 2015
Figure 28 Paper & Printing Industry Will Drive the Splicing Tapes Market
Figure 29 Growing Paper & Printing Application to Drive the Demand for Splicing Tapes
Figure 30 Splicing Tapes Market (Global): Competitive Leadership Mapping, 2018
Figure 31 Strength of Product Portfolio
Figure 32 Business Strategy Excellence
Figure 33 tesa SE: Company Snapshot
Figure 34 tesa SE: SWOT Analysis
Figure 35 3M Company: Company Snapshot
Figure 36 3M Company: SWOT Analysis
Figure 37 Nitto Denko Corporation: Company Snapshot
Figure 38 Nitto Denko Corporation: SWOT Analysis
Figure 39 Avery Dennison Corporation: Company Snapshot
Figure 40 Avery Dennison Corporation: SWOT Analysis
Figure 41 Intertape Polymer Group, Inc.: Company Snapshot
Figure 42 Intertape Polymer Group, Inc.: SWOT Analysis
Figure 43 Scapa Group PLC: Company Snapshot
The study involved four major activities in estimating the current market size of splicing tapes. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation methods were used to estimate the market size of the segments and the sub segments.
Secondary Research
In the secondary research process, various secondary sources such as Hoovers, Bloomberg, and BusinessWeek were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies; white papers; certified publications; articles by recognized authors; gold standard & silver standard websites; regulatory bodies; trade directories; and databases.
Primary Research
The splicing tapes market comprises several stakeholders such as raw material suppliers, processors, end-product manufacturers, and regulatory organizations. The demand side for this market is characterized by the development of paper manufacturer, and applications such as paper & printing, packaging, labeling, electronics, and others and the growth in population. The supply side is characterized by advancements in functions, resin chemistries, technologies, and diverse end-use industries. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:
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Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the overall size of the splicing tapes market. These methods were also used extensively to estimate the size of various sub segments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry were identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and sub segments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and sub segments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Report Objectives
- To define, describe, and forecast the global splicing tapes market, in terms of value and volume
- To provide information about the factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market
- To analyze and forecast the splicing tapes market based on resin type, backing material, and application
- To analyze and forecast the market size, with respect to five main regions (along with their respective key countries), namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market
- To analyze competitive developments such as new product launch in the market
- To analyze opportunities in the market for stakeholders and provide details of a competitive landscape of the market leaders
- To strategically profile the key players in the market and comprehensively analyze their core competencies
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the companys specific needs.
The following customization options are available for the report:
Product Analysis:
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Regional Analysis:
- Further breakdown of a specific country based on application
Company Information:
- Detailed analysis and profiling of additional market players (up to twenty three)
Growth opportunities and latent adjacency in Splicing Tapes Market