Market Overview:
The global flat back 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 flat back tapes from various end-use industries, such as packaging, splicing, binding and others. In terms of type, the acrylic adhesive segment is expected to lead the global flat back tapes market during the forecast period. This can be attributed to its properties such as high adhesion and resistance to weathering.
Product Definition:
Flat Back Tapes are adhesive tapes used to attach an object to a flat surface. The importance of Flat Back Tapes is that they provide a strong, permanent bond between the object and the surface.
Acrylic Adhesives:
Acrylic adhesives are a group of synthetic materials that have adhesive properties. They are manufactured from two components, namely acrylic polymer and a cross-linking agent. The most commonly used cross-linking agents in the production of acrylic adhesives include maleic anhydride and fumaric acid.
Rubber Adhesives:
Rubber adhesives are synthetic rubber-based products that have adhesive properties. They can be either thermosetting or thermoplastic in nature depending on the processing temperature and formulation. The major difference between them is their application range which includes hot melt, solvent-borne, radiation cure and waterborne among others.
Application Insights:
Packaging dominated the global flat back tapes market, accounting for over 35% of the revenue share in 2017. The rising demand for packaged food and beverages is expected to be a key factor driving product demand in this application segment over the forecast period.
The binding application segment accounted for nearly 24% of total revenue share in 2017 owing to increasing applications across medical & technical industries. Tapes are widely used as an alternative to string or wire ties due to their ease of use and convenience coupled with high strength that makes them ideal binding solutions under various conditions such as temperature & humidity changes and shock absorption. Increasing usage of these products across construction industry flooring installation where adhesive backed vinyl flooring sheets are required is expected drive growth over next seven years.
Regional Analysis:
Asia Pacific dominated the global flat back tapes market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing infrastructure activities, growing industrialization and rapid urbanization in emerging economies such as China and India. In addition, rising demand for packaging products from various end-use industries is anticipated to drive industry growth over the next eight years.
Europe accounted for a significant share of revenue in 2017 owing to high demand from automotive manufacturers for binding applications on account of increased production output of vehicles coupled with stringent regulations regarding fuel economy enhancement associated with vehicle weight reduction are some factors driving regional growth.
Growth Factors:
- Increasing demand for flat back tapes from the automotive and construction industries due to their properties such as high adhesion, durability, and resistance to weathering.
- Rising demand for flat back tapes in the medical industry due to their ability to adhere strongly to skin and other surfaces, which makes them ideal for use in bandages, wound dressings, and other medical applications.
- Growing popularity of 3D printing technology that is expected to drive the demand for flat back tapes used in 3D printing applications.
- Rising disposable income levels of consumers in developing countries that are expected to lead to an increase in demand for premium quality flat back tapes products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Flat Back Tapes Market Research Report
By Type
Acrylic Adhesives, Rubber Adhesives
By Application
Packaging, Splicing, Binding, Others
By Companies
3M, Intertape Polymer Group, Industrial Tape & Supply Co, Can-Do National Tape, KRUSE ADHESIVE TAPE, Menard, Canadian Technical Tape Ltd, 3M
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
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Flat Back Tapes Market Report Segments:
The global Flat Back Tapes market is segmented on the basis of:
Types
Acrylic Adhesives, Rubber Adhesives
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
Packaging, Splicing, Binding, Others
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:
- 3M
- Intertape Polymer Group
- Industrial Tape & Supply Co
- Can-Do National Tape
- KRUSE ADHESIVE TAPE
- Menard
- Canadian Technical Tape Ltd
- 3M
Highlights of The Flat Back 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:
- Acrylic Adhesives
- Rubber Adhesives
- By Application:
- Packaging
- Splicing
- Binding
- Others
- 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 Flat Back 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?
Flat back tapes are a type of adhesive tape that is designed to be placed on the back of a piece of furniture. Flat back tapes are often used to secure pieces of furniture together, or to hold upholstery in place.
Some of the key players operating in the flat back tapes market are 3M, Intertape Polymer Group, Industrial Tape & Supply Co, Can-Do National Tape, KRUSE ADHESIVE TAPE, Menard, Canadian Technical Tape Ltd, 3M.
The flat back 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 Flat Back 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 Flat Back Tapes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flat Back 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 Flat Back 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 Flat Back Tapes Market Size & Forecast, 2020-2028
4.5.1 Flat Back Tapes Market Size and Y-o-Y Growth
4.5.2 Flat Back 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 Acrylic Adhesives
5.2.2 Rubber Adhesives
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 Packaging
6.2.2 Splicing
6.2.3 Binding
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flat Back 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 Flat Back 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 Acrylic Adhesives
9.6.2 Rubber Adhesives
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 Packaging
9.10.2 Splicing
9.10.3 Binding
9.10.4 Others
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 Acrylic Adhesives
10.6.2 Rubber Adhesives
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 Packaging
10.10.2 Splicing
10.10.3 Binding
10.10.4 Others
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 Acrylic Adhesives
11.6.2 Rubber Adhesives
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 Packaging
11.10.2 Splicing
11.10.3 Binding
11.10.4 Others
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 Acrylic Adhesives
12.6.2 Rubber Adhesives
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 Packaging
12.10.2 Splicing
12.10.3 Binding
12.10.4 Others
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 Acrylic Adhesives
13.6.2 Rubber Adhesives
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 Packaging
13.10.2 Splicing
13.10.3 Binding
13.10.4 Others
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 Flat Back Tapes Market: Competitive Dashboard
14.2 Global Flat Back Tapes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Intertape Polymer Group
14.3.3 Industrial Tape & Supply Co
14.3.4 Can-Do National Tape
14.3.5 KRUSE ADHESIVE TAPE
14.3.6 Menard
14.3.7 Canadian Technical Tape Ltd
14.3.8 3M
