Market Overview:
The global PET tape market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for lithium batteries, flat panel displays, and decorations. Additionally, the growing demand for PET tapes from emerging economies is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis of type, single-sided PET tapes are expected to dominate the global PET tape market during 2018-2030 owing to their low cost and easy availability as compared dual-sidedPET tapes. On basis on application, lithium battery segment is projectedto register highest CAGR overthe forecast period owingto its high adoption rate in electric vehicles and portable devices such as laptops and smartphones .
Product Definition:
PET Tape is a type of tape that is made out of polyethylene terephthalate. It has a high tensile strength and is resistant to abrasion, chemicals, and UV radiation. It is often used in applications where durability and resistance to adverse conditions are required.
Single-sided:
Single-sided is a term used for the type of PET (Polyethylene Terephthalate) tape that has only one side of the adhesive layer. The single-sided tapes are widely used in packaging applications and find their use in various other end-use industries as well.
The growth factor for this segment is high demand from packaging industry, which uses it to seal boxes, cartons and containers among others.
Dual-sided:
Dual-sided (DS) PET tape is a new generation of PET film that has two faces, one side is coated with amorphous silicon and the other face has a regular grid of lines. The DS patterned film provides higher resolution than conventional films.
The first commercial DS tape was launched by 3M in May 2012 for use in digital cameras and camcorders.
Application Insights:
The lithium battery application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. This is attributed to growing demand for lithium-ion batteries from various end-use industries including automotive, medical devices, and portable electronics. The decorating application segment is also expected to witness significant growth during the forecast period owing to rising demand for pet tapes with patterns that appeal more aesthetically.
Pet tapes are used in automobile interiors as a substitute for leather or cloth seats due largely in part of their durability and cost savings on maintenance costs over time. They are also used extensively by consumers preferring an all-inclusive interior design solution which includes headliners, rear seat belts, shoulder harnesses and pet blankets among others seats sold through retail outlets or online marketplaces.
Regional Analysis:
Asia Pacific dominated the global PET tape market in 2017 and is expected to continue its dominance over the next eight years. The presence of key manufacturers such as Shinku Scientific Instruments Co., Ltd.; Hologic, Inc.; Fujitsu Ltd; Panasonic Corporation; and Sony Corporation has contributed to this growth. Moreover, rising demand for lithium batteries in countries such as China and Japan owing to increasing sales of consumer electronics products is anticipated to drive the regional market further.
The growing manufacturing sector in India on account of initiatives taken by the government is likely to propel product demand from flat panel display applications. Furthermore, favorable government policies regarding investments are projected to boost industrialization across emerging economies which will have a positive impact on industry growth over the forecast period.
Growth Factors:
- Increasing demand from the packaging and labeling industry for PET tape as it is durable, moisture resistant and has a high tensile strength.
- Growing popularity of PET tape among consumers due to its superior quality and performance as compared to other tapes available in the market.
- Rising demand for PET tape from the automotive sector due to its ability to withstand extreme weather conditions and resist corrosion.
- Proliferation of online shopping portals that are extensively using PET tapes for packing fragile items such as glassware, crockery, etc., which is driving the growth of this market segment significantly.
Scope Of The Report
Report Attributes
Report Details
Report Title
PET Tape Market Research Report
By Type
Single-sided, Dual-sided
By Application
Lithium Battery, Flat Panel Display, Decorations, Others
By Companies
3M, Tesa SE, Nitto Denko, ACHEM Technology Corp, Cybrid Technologies Inc, Supertape, Scapa Industrial, Celadon Technology, Lohmann Adhesive Tape Technologies, Jiangsu Sidike New Material, 3M, Zhongshan Crown Adhesive
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global PET Tape Market Report Segments:
The global PET Tape market is segmented on the basis of:
Types
Single-sided, Dual-sided
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
Lithium Battery, Flat Panel Display, Decorations, 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
- Tesa SE
- Nitto Denko
- ACHEM Technology Corp
- Cybrid Technologies Inc
- Supertape
- Scapa Industrial
- Celadon Technology
- Lohmann Adhesive Tape Technologies
- Jiangsu Sidike New Material
- 3M
- Zhongshan Crown Adhesive
Highlights of The PET Tape 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:
- Single-sided
- Dual-sided
- By Application:
- Lithium Battery
- Flat Panel Display
- Decorations
- 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 PET Tape 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
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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?
PET tape is a type of adhesive tape that is made from polyethylene terephthalate (PET). PET tape is often used to seal cuts and wounds on the skin.
Some of the key players operating in the pet tape market are 3M, Tesa SE, Nitto Denko, ACHEM Technology Corp, Cybrid Technologies Inc, Supertape, Scapa Industrial, Celadon Technology, Lohmann Adhesive Tape Technologies, Jiangsu Sidike New Material, 3M, Zhongshan Crown Adhesive.
The pet tape 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 PET Tape 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 PET Tape Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 PET Tape 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 PET Tape 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 PET Tape Market Size & Forecast, 2018-2028 4.5.1 PET Tape Market Size and Y-o-Y Growth 4.5.2 PET Tape Market Absolute $ Opportunity
Chapter 5 Global PET Tape 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 PET Tape Market Size Forecast by Type
5.2.1 Single-sided
5.2.2 Dual-sided
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global PET Tape 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 PET Tape Market Size Forecast by Applications
6.2.1 Lithium Battery
6.2.2 Flat Panel Display
6.2.3 Decorations
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PET Tape 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 PET Tape 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 PET Tape Analysis and Forecast
9.1 Introduction
9.2 North America PET Tape 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 PET Tape Market Size Forecast by Type
9.6.1 Single-sided
9.6.2 Dual-sided
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 PET Tape Market Size Forecast by Applications
9.10.1 Lithium Battery
9.10.2 Flat Panel Display
9.10.3 Decorations
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 PET Tape Analysis and Forecast
10.1 Introduction
10.2 Europe PET Tape 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 PET Tape Market Size Forecast by Type
10.6.1 Single-sided
10.6.2 Dual-sided
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 PET Tape Market Size Forecast by Applications
10.10.1 Lithium Battery
10.10.2 Flat Panel Display
10.10.3 Decorations
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 PET Tape Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific PET Tape 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 PET Tape Market Size Forecast by Type
11.6.1 Single-sided
11.6.2 Dual-sided
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 PET Tape Market Size Forecast by Applications
11.10.1 Lithium Battery
11.10.2 Flat Panel Display
11.10.3 Decorations
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 PET Tape Analysis and Forecast
12.1 Introduction
12.2 Latin America PET Tape 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 PET Tape Market Size Forecast by Type
12.6.1 Single-sided
12.6.2 Dual-sided
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 PET Tape Market Size Forecast by Applications
12.10.1 Lithium Battery
12.10.2 Flat Panel Display
12.10.3 Decorations
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) PET Tape Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) PET Tape 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) PET Tape Market Size Forecast by Type
13.6.1 Single-sided
13.6.2 Dual-sided
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) PET Tape Market Size Forecast by Applications
13.10.1 Lithium Battery
13.10.2 Flat Panel Display
13.10.3 Decorations
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 PET Tape Market: Competitive Dashboard
14.2 Global PET Tape Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Tesa SE
14.3.3 Nitto Denko
14.3.4 ACHEM Technology Corp
14.3.5 Cybrid Technologies Inc
14.3.6 Supertape
14.3.7 Scapa Industrial
14.3.8 Celadon Technology
14.3.9 Lohmann Adhesive Tape Technologies
14.3.10 Jiangsu Sidike New Material
14.3.11 3M
14.3.12 Zhongshan Crown Adhesive