Market Overview:
The global cover tapes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cover tapes from various end-use industries, such as active components and passive components. In terms of type, the heat activated segment is expected to lead the global cover tapes market during the forecast period, followed by pressure sensitive segments. In terms of application, active components segment is projected to lead the global cover tapes market during 2018-2030 owing to its growing demand from various end-use industries across different regions.
Product Definition:
A cover tape is a type of blank audio cassette that is used to protect the leader and the tape itself when two cassettes are placed in a cassette deck to make a copy of one cassette onto another.
Heat Activated:
The heat-activated adhesive (HA) is a new technology in the tapes industry. It offers several advantages over other adhesives such as solvent-based and hot melt. The major advantage of HA is that it can be used on any type of material, including plastics, rubber, glass and metal; whereas other adhesives are generally used on non-porous materials like plastic films or paper only.
Pressure Sensitive:
Pressure sensitive tapes are also known as pressure-sensitive tapes, or sometimes referred to asPSTs. They are a special type of adhesives that respond to the external pressure applied to them. The most common application of this product is in the form of self-adhesive labels or tags, which can be used for various purposes such as inventory control, shipping & receiving and point-of-sale applications among others.
Application Insights:
The active components segment dominated the global cover tapes market in 2017 and is expected to witness significant growth over the forecast period. The product is widely used in electronic devices as a protective layer against physical damage caused by vibration, shock, or dropped objects. It also helps prevent corrosion and enhance the shelf life of electronics products.
Passive components are covered with sensors that detect movement or sound and activate lights or sounds to alert users about potential hazards such as fire or broken glass. These products are widely used in medical devices such as oxygenators for furnishing continuous air supply during surgeries without any additional power source required for activation purposes.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key players and high demand for advanced medical devices. The region is expected to maintain its dominance over the forecast period due to factors such as increasing geriatric population, rising healthcare expenditure, and technological advancements.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid economic development coupled with increasing healthcare spending by governments across various countries including China, India, Japan, Singapore and Thailand. In addition, growing awareness regarding chronic diseases management through primary care centers will drive product demand in this region.
Growth Factors:
- Increasing demand for adhesive tapes from various end-use industries such as automotive, construction, and packaging is expected to drive the growth of the global cover tapes market over the forecast period.
- Growing demand for high-quality and durable adhesive tapes is also projected to fuel the growth of this market in the near future.
- The increasing use of cover tapes in medical applications is another key factor that is anticipated to propel this market’s growth in the next few years.
- Rising awareness about benefits offered by these tapes among consumers is also predicted to boost their sales globally in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cover Tapes Market Research Report
By Type
Heat Activated, Pressure Sensitive
By Application
Active Components, Passive Components
By Companies
M, Advantek, Shin-Etsu, Lasertek, U-PAK, ROTHE, C-Pak, Asahi Kasei, ACTECH, Acupaq, ZheJiang Jiemei
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Cover Tapes Market Report Segments:
The global Cover Tapes market is segmented on the basis of:
Types
Heat Activated, Pressure Sensitive
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Active Components, Passive Components
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- M
- Advantek
- Shin-Etsu
- Lasertek
- U-PAK
- ROTHE
- C-Pak
- Asahi Kasei
- ACTECH
- Acupaq
- ZheJiang Jiemei
Highlights of The Cover Tapes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Heat Activated
- Pressure Sensitive
- By Application:
- Active Components
- Passive Components
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cover Tapes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cover tapes are a type of adhesive tape that is used to cover the edges of a piece of paper.
Some of the major players in the cover tapes market are M, Advantek, Shin-Etsu, Lasertek, U-PAK, ROTHE, C-Pak, Asahi Kasei, ACTECH, Acupaq, ZheJiang Jiemei.
The cover tapes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cover Tapes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cover Tapes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cover Tapes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cover Tapes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cover Tapes Market Size & Forecast, 2020-2028
4.5.1 Cover Tapes Market Size and Y-o-Y Growth
4.5.2 Cover Tapes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Heat Activated
5.2.2 Pressure Sensitive
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Active Components
6.2.2 Passive Components
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cover Tapes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cover Tapes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Heat Activated
9.6.2 Pressure Sensitive
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Active Components
9.10.2 Passive Components
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Heat Activated
10.6.2 Pressure Sensitive
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Active Components
10.10.2 Passive Components
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Heat Activated
11.6.2 Pressure Sensitive
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Active Components
11.10.2 Passive Components
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Heat Activated
12.6.2 Pressure Sensitive
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Active Components
12.10.2 Passive Components
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Heat Activated
13.6.2 Pressure Sensitive
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Active Components
13.10.2 Passive Components
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cover Tapes Market: Competitive Dashboard
14.2 Global Cover Tapes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 M
14.3.2 Advantek
14.3.3 Shin-Etsu
14.3.4 Lasertek
14.3.5 U-PAK
14.3.6 ROTHE
14.3.7 C-Pak
14.3.8 Asahi Kasei
14.3.9 ACTECH
14.3.10 Acupaq
14.3.11 ZheJiang Jiemei
