Global Splicing Tapes Market
Global Splicing Tapes Market was valued at US$ 512.2Mn in 2017 and is expected to reach US$ 653.3Mn by 2026, at a CAGR of 3.09%during a forecast period.Global Splicing Tapes Market
Splicing tapes are usually used for preparing a joint between two sheet materials, such as, between the primary edge portion of the outer turn of a roll of sheet material and the second roll of sheet material. The splicing operation can be executed in a static or dynamic mode. Splicing tapes are existing in a variety of carriers with different adhesive systems.
Increasing the demand for splicing tapes in paper & printing and packaging industries owing to the growing the population and digitalization in many parts of the world. Digitalization process has driven the market of online shopping which has driven the demand for packaging and labelling. Moreover, paper & paperboard packaging are gaining customer’s attraction because of their effective solutions in healthcare, manufacturing, food & beverages, personal care, and other industries which is also driving the splicing tapes market globally.
Acrylic resin segment is dominating the market for splicing tapes during the forecast period owing to its better adhesion to a variety of substrates. Acrylic adhesives can either be water-based or solvent-based. Water-based are slower drying compared to solvent-based systems but mostly solvent-based acrylic systems have better resistance to other solvents, chemicals & water.
Paper & printing is estimated to be the largest application segment in the splicing tapes market during the forecast period. In the printing industry, this technique allows joining the leading edge of a new roll of paper sheet material to the trailing edge of a reducing roll of paper sheet material without needing interruption of the continuous production process. Splices which are obtained in a dynamic mode of operation are typically referred to as flying splices. Splicing tape is mainly characterized by high tensile strength, high shear strength, and good ageing resistance.
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Last Update : 23 July 2019 9:40 PM
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