- The key vendors in the pressure-sensitive tapes market in North America 2015-2019 are Amcor, Bemis, Mondi and Sealed Air.
London, 11 September 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the pressure-sensitive tapes market in North America 2015-2019. Acrylate-based PSAs are used to provide trouble-free labeling at exceptionally low temperatures. UV acrylate adhesives are used to enable high aging resistance. These new products have increased the field of application of pressure-sensitive tapes, and thus propel market growth. The pressure-sensitive tapes market in North America is likely to grow at a CAGR of 6.08% in terms of volume and 3.29% in terms of revenue during the period 2015-2019.
The use of pressure-sensitive tapes is no longer restricted to traditional forms; advances in technology and innovation have resulted in the emergence of several new products. Mexico and the US account for the majority of the demand for pressure-sensitive tapes.
“Machinery and converters for tapes and substrates processing are used to manufacture pressure-sensitive tapes. These technologies help reduce the time taken for products to reach the market,” says Faisal Ghaus, Vice President of Technavio Research.
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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