In a recent research report by Maximize Market Research, the Surface Protection Tapes Market is expected to surpass US $XX billion by the year 2026, from US $XX billion in 2019.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than XX%, during the tenure of 2020 – 2026.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of white goods in the region, the Value – Chain analysis, and the PORTER’s analysis for the white goods market at a global level.
The study is consolidated on the basis of two major segments and further into sub-segments, by Type (Polyethylene, Polypropylene, Polyvinyl chloride), by Surface Material (Polished metals, Glass, Plastic), by End Use (Electronics & appliances, Building & construction, Automotive), and to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
In March 2019, Tesa (Germany) invested more than USD 34 million to expand its Suzhou site (China). This new unit will be involved in the manufacturing of precision adhesive tapes and is projected to expand the manufacturing capabilities of these precision adhesive tapes for applications in the automotive and electronics industries.
Asia Pacific held the largest market share in 2019 thanks to rapid urbanization, high economic growth, intensive construction activities, and increasing standards of living increase its dominance in the global surface protection tapes market growth.
Lastly, the market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players-Toray Industries, Inc., Intertape Polymer Group, Tesa SE, DowDuPont, Chevron Phillips Chemical Company, Nitto Denko Corporation, 3M, Berry Global Inc., Avery Dennison, and Compagnie de Saint-Gobain S.A.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Surface Protection Tapes Market.”
https://www.maximizemarketresearch.com/market-report/global-surface-protection-tapes-market/94586/
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