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Industrial Tapes Market By Product Type (Aluminum Tapes, Duct Tapes, Adhesive Transfer Tapes, Filament Tapes), By End Use (Manufacturing, Automotive, Construction, Logistics, Electrical & Electronics), By Backing Materials (Paper, Cloth/Fabric, Polymeric, Metallic) – Growth, Future Prospects And Competitive Analysis, 2017 – 2025

Summary
Table Of Content

Market Insights

Industrial tapes are adhesive tapes used for a variety of industrial applications such as bundling, masking, surface protection, etc. The global industrial tapes market is expected to grow rapidly due to the rapid expansion of end-user industries. For instance, the automotive industry is experiencing stringent demand for eco-friendly and high-performance adhesive tapes, which is driving the global industrial tapes market. However, macroeconomic factors and geopolitical risks have an equal impact on the industrial tapes market across regions.

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For instance, Europe’s industrial tape market is governed by positive macroeconomic factors from countries such as Germany, France, Italy, and Spain. According to the OECD economic outlook, solid economic growth is projected for Germany (2017–2018), attributed to the depreciation of the euro and strong demand from China and the U.S. markets. However, macroeconomic factors such as Brexit, price inflation in the Turkish market against geopolitical tensions, and general elections scheduled for 2019 all have an impact on the growth prospects of industrial tape manufacturers as well as the consistent supply of products to end users.

By product type, the filament tapes segment accounted for a share of X% in 2016 and is projected to grow at a fast pace of X% CAGR by 2025. Increasing demand for applications such as carton sealing and strapping for large-scale packaging requirements is expected to fuel growth for filament tapes, among others.

Among the backing material type segments, polymeric backings achieve the majority of their share owing to their technical advantages, such as excellent mechanical strength. In the paper segment, factors such as the ease with which tapes can be applied under curves and contours with the paper being easily ripped by hand help to drive demand for paper backing material. Other advantages, such as stretching up to 50% and better suppleness, foster growth, especially for masking tapes, which are widely used in the paint industry.

By end-users, the automotive segment is expected to grow at X% CAGR over the forecast period. Advancements in the eco-friendly production of tapes are expected to fuel demand for the automotive industry. The construction and electrical and electronics segments are expected to register steady growth of X% and X%, respectively, by 2025.

Geographically, the Asia Pacific industrial tapes market accounted for X% of the market share in 2016, with the electronics industry catering to the region’s increasing growth in the industrial tapes market. Specifically, wearables such as smartwatches and fitness trackers are considered to be a booming market for industrial tapes to harness sturdy growth in the Asia Pacific region.

Some of the key players present in this market are Tesa S.E., 3M Company, Saint Gobain SA, Henkel AG & Co., Eastman Chemical Company, Avery Dennison Corporation, Sika AG, Intertape Polymer Corp., Inc., Muparo AG, and P.P.M. Industries S.P.A. Strategic acquisitions and product launches are the major developments on which companies are focusing to increase their market share and product portfolio. Apart from these, companies are also actively investing in online platforms and search engine optimization (SEO) to create a powerful impact on their product launches.

The report titled “Global Industrial Tapes Market: Growth, Future Prospects, and Competitive Analysis, 2017–2025” offers strategic insights into the global Industrial Tapes market along with the market size and estimates for the duration of 2015–2025. The said research study covers an in-depth analysis of multiple market segments based on molded pulp type, product type, end-use, and a cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 and 2025. The report also provides a prolific view of market dynamics, such as market drivers, restraints, and opportunities.

The report also includes profiles of the leading sheet face mask manufacturers, as well as their product portfolios and key developments, to assist strategic decision-makers.

Other in-depth analysis provided in the report includes:

Current and future market trends to justify the forthcoming attractive markets within the sheet face mask industry
Market fuelers, market impediments, and their impact on market growth
in-depth competitive environment analysis
Trailing 2-year market size data (2015–2016)
S.R.C. (Segment, Region, Country) Analysis

Overall, the research study provides a holistic view of the global sheet face masks market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

For the purpose of this study, the global industrial tape market by product type is categorized into:

Aluminum Tapes
Duct Tapes
Adhesive Transfer Tapes
Filament Tapes
Others

Aluminum tapes are designed for application areas where high-temperature resistance and electrical conductivity are prerequisites. Aluminum tapes are widely used in HVAC duct sealing and insulation, as well as electromagnetic protection in the electronic industry. The increasing demand for high-efficiency insulation in various end-use industries is expected to drive the sales revenue of aluminum tapes over the forecast period.

Duct tapes, which are primarily made of pressure-sensitive adhesive, are best suited to irregular surfaces. Applications such as packaging, sealing carpet padding, and other general-purpose works such as mending, repair, patching, etc., are expected to aid in the growth of the duct tape market.

Filament tapes consist of pressure-sensitive adhesives coated onto the backing substrate and are used for various packaging and bundling applications. Carton sealing and strapping are the dominant applications, which are expected to drive the market for filament tapes during the assessment period.

For the purpose of this study, the global industrial tape market by end-use is categorized into:

Manufacturing
Automotive
Construction
Logistics
Electrical and Electronics
Others (aerospace, etc.)

The end-users demand advanced, sophisticated adhesive solutions to keep pace with evolving industrial necessities. As a result, innovations in adhesive technologies are prominent in order to provide diverse options to end-users. Automotive end-users are poised for significant growth over the next five years. The macroeconomic forces, the demand for personal transportation, and strict norms and regulations are the key factors driving the automotive industry worldwide, which in turn propels the global industrial tapes market. Specifically, vibration and noise are active areas for O.E.M.s to focus on in order to improve the driver experience.

As a result, elastomers and various composites are used to solve damping problems in brakes, engines, and other systems. The industrial tape helps these composite materials get securely placed and supports them so they can work efficiently. Furthermore, high adhesion properties, strong U.V. stability, and resistance to harsh liquids are some of the key properties of industrial tapes, which mark them as effective high-performance adhesive solutions.

The electrical and electronics segment is expected to register steady growth over the forecast period. The industrial tapes offer the ideal attachment of gaskets to the internal electronic components, thereby protecting them from moisture, dust, and other vibrations. The increasing demand for high-performance adhesives over conventional bonding systems is anticipated to impel the global industrial tapes market during the forecast period.

For the purpose of this study, the global industrial tapes market by backing materials is categorized into:

Paper
Cloth/Fabric
polymeric (P.E., P.P., P.V.C., etc.)
Metallic (aluminum, copper, etc.)

The backing material of industrial tapes works to keep the adhesive in place, allowing industrial tapes to function properly. The appropriate interface between backing material and adhesive primarily determines the efficiency of industrial tapes. Factors such as application area, purpose, and time span play a critical role in the selection of a specific backing material among varieties.

For instance, in a temperature- and the weather-resistant environment with a requirement for high bonding strength, viscoelastic backing or polymeric material is best suited. A PVC backing is suited for insulation applications owing to its durability and non-flammable properties. The polymeric segment accounted for a major value share of more than 60.0% in 2016, and dominance is expected to continue over the forecast period.

As a backing material, fabrics such as cotton, viscose, etc., offer the higher mechanical strength required in specific applications of sealing and splicing. In terms of value, the segment is expected to grow at a steady CAGR during 2017–2025. The biodegradability, conformability, and abrasion resistance properties of this type of cloth or fabric backing material are expected to drive sales revenues.

On the basis of geography, the global industrial tape market is segmented into the following regions and countries:

North America

U.S.
Canada

Europe

EU7
CIS
Rest of Europe

Asia Pacific

China
India
Japan
Rest of Asia Pacific

Latin America

Brazil
Mexico
Argentina
rest of Latin America

Middle East and Africa

G.C.C. Countries
South Africa
Rest of the Middle East and Africa

Asia Pacific accounts for the major share of the global industrial tapes market, with a share of more than 35.0% in terms of value in 2016. The market’s growth is fuelled by the growth of end-user industries, especially consumer electronics. Compact electronic goods require tapes to precisely fit the configurations, which also protect the components from heat and vibrations.

The robust electronic industry hub in Asian countries such as India, Japan, South Korea, and China is expected to drive the sales revenue of industrial tapes during the assessment period. Furthermore, the region’s demand for electronic wearables is expected to drive positive growth in the industrial tapes market.

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The industrial tape market in North America and Europe is driven mostly by the increasing demand from automotive industries. Industrial tapes are in high demand for laminating the multi-layered materials used for vibration control and other assemblies in automotive vehicles. The automotive industry is a prominent growth driver for the industrial tape market in North America and Europe. Because of the automotive industry, Tesla SE, a prominent German adhesive manufacturer, saw a 6.7% increase in sales in the Americas and a 6.2% increase in the European market

Chapter 1 Preface
1.1 Report Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Industrial Tapes Market Revenue (US$ Bn)
2.2 Global Industrial Tapes Market Revenue (US$ Bn), by Product Type
2.3 Global Industrial Tapes Market Revenue (US$ Bn), by End Use
2.4 Global Industrial Tapes Market Revenue (US$ Bn), by Backing Material
2.5 Global Industrial Tapes Market Revenue (US$ Bn), by Geography

Chapter 3 Global Industrial Tapes Market Dynamics
3.1 Overview
3.2 Market Drivers
3.3 Challenges
3.4 Future Prospects
3.5 Attractive Investment Proposition by Geography, 2016
3.6 Market Positioning of Key Players

Chapter 4 Global Industrial Tapes Market, by Product Type
4.1 Overview
4.1.1 Global Industrial Tapes Market Revenue Share, by product Type, 2016 & 2025 (% Value)
4.2 Aluminum Tapes
4.2.1 Global Industrial Tapes Market Volume & Revenue, by Aluminum Tapes, 2015 – 2025 (Kilo Tons) (US$ Bn)
4.3 Duct Tapes
4.3.1 Global Industrial Tapes Market Volume & Revenue, by Duct Tapes, Revenue, 2015 – 2025 (Kilo Tons) (US$ Bn)
4.4 Adhesive Transfer Tapes
4.4.1 Global Industrial Tapes Market Volume & Revenue, by Adhesive Transfer Tapes, 2015 – 2025 (Kilo Tons) (US$ Bn)
4.5 Filament Tapes
4.5.1 Global Industrial Tapes Market Volume & Revenue, by Filament Tapes, 2015 – 2025 (Kilo Tons) (US$ Bn)
4.6 Others
4.6.1 Global Industrial Tapes Market Volume & Revenue, by Others, 2015 – 2025 (Kilo Tons) (US$ Bn)

Chapter 5 Global Industrial Tapes Market, by End Use
5.1 Overview
5.1.1 Global Industrial Tapes Market Revenue Share, by end use, 2016 & 2025 (% Value)
5.2 Manufacturing
5.2.1 Global Industrial Tapes Market Volume & Revenue, by Manufacturing, 2015 – 2025 (Kilo Tons) (US$ Bn)
5.3 Automotive
5.3.1 Global Industrial Tapes Market Volume & Revenue, by Automotive, Revenue, 2015 – 2025 (Kilo Tons) (US$ Bn)
5.4 Construction
5.4.1 Global Industrial Tapes Market Volume & Revenue, by Construction, 2015 – 2025 (Kilo Tons) (US$ Bn)
5.5 Logistics
5.5.1 Global Industrial Tapes Market Volume & Revenue, by Logistics, 2015 – 2025 (Kilo Tons) (US$ Bn)
5.6 Electrical & Electronics
5.6.1 Global Industrial Tapes Market Volume & Revenue, by Electricals & Electronics, 2015 – 2025 (Kilo Tons) (US$ Bn)
5.7 Others
5.7.1 Global Industrial Tapes Market Volume & Revenue, by Others, 2015 – 2025 (Kilo Tons) (US$ Bn)

Chapter 6 Global Industrial Tapes Market, by Backing Materials
6.1 Overview
6.1.1 Global Industrial Tapes Market Revenue Share, by backing materials, 2016 & 2025 (% Value)
6.2 Paper
6.2.1 Global Industrial Tapes Market Volume & Revenue, by Paper, 2015 – 2025 (Kilo Tons) (US$ Bn)
6.3 Cloth/Fabric
6.3.1 Global Industrial Tapes Market Volume & Revenue, by Cloth/Fabric, Revenue, 2015 – 2025 (Kilo Tons) (US$ Bn)
6.4 Polymeric
6.4.1 Global Industrial Tapes Market Volume & Revenue, by Polymeric, 2015 – 2025 (Kilo Tons) (US$ Bn)
6.5 Metallic
6.5.1 Global Industrial Tapes Market Volume & Revenue, by Metallic, 2015 – 2025 (Kilo Tons) (US$ Bn)

Chapter 7 Global Industrial Tapes Market, by Geography
7.1 Overview
7.2 Global Industrial Tapes Market Revenue Share, by Geography, 2016 & 2025 (Value %)
7.3 North America
7.3.1 North America Industrial Tapes Market Volume & Revenue, by Product Type, 2015-2025 (Kilo Tons) (US$ Bn)
7.3.2 North America Industrial Tapes Market Volume & Revenue, by End Use, 2015-2025 (Kilo Tons) (US$ Bn)
7.3.3 North America Industrial Tapes Market Volume & Revenue, by Backing Materials, 2015-2025 (Kilo Tons) (US$ Bn)
7.3.4 North America Industrial Tapes Market Volume & Revenue, by Country, 2015-2025 (Kilo Tons) (US$ Bn)
7.4 Europe
7.4.1 Europe Industrial Tapes Market Volume & Revenue, by Product Type, 2015-2025 (Kilo Tons) (US$ Bn)
7.4.2 Europe Industrial Tapes Market Volume & Revenue, by End Use, 2015-2025 (Kilo Tons) (US$ Bn)
7.4.3 Europe Industrial Tapes Market Volume & Revenue, by Backing Materials, 2015-2025 (Kilo Tons) (US$ Bn)
7.4.4 Europe Industrial Tapes Market Volume & Revenue, by Country, 2015-2025 (Kilo Tons) (US$ Bn)
7.5 Asia Pacific
7.5.1 Asia Pacific Industrial Tapes Market Volume & Revenue, by Product Type, 2015-2025 (Kilo Tons) (US$ Bn)
7.5.2 Asia Pacific Industrial Tapes Market Volume & Revenue, by End Use, 2015-2025 (Kilo Tons) (US$ Bn)
7.5.3 Asia Pacific Industrial Tapes Market Volume & Revenue, by Backing Materials, 2015-2025 (Kilo Tons) (US$ Bn)
7.5.4 Asia Pacific Industrial Tapes Market Volume & Revenue, by Country, 2015-2025 (Kilo Tons) (US$ Bn)
7.6 Latin America
7.6.1 Latin America Industrial Tapes Market Volume & Revenue, by Product Type, 2015-2025 (Kilo Tons) (US$ Bn)
7.6.2 Latin America Industrial Tapes Market Volume & Revenue, by End Use, 2015-2025 (Kilo Tons) (US$ Bn)
7.6.3 Latin America Industrial Tapes Market Volume & Revenue, by Backing Materials, 2015-2025 (Kilo Tons) (US$ Bn)
7.6.4 Latin America Industrial Tapes Market Volume & Revenue, by Country, 2015-2025 (Kilo Tons) (US$ Bn)
7.7 Middle East & Africa
7.7.1 Middle East & Africa Industrial Tapes Market Volume & Revenue, by Product Type, 2015-2025 (Kilo Tons) (US$ Bn)
7.7.2 Middle East & Africa Industrial Tapes Market Volume & Revenue, by End Use, 2015-2025 (Kilo Tons) (US$ Bn)
7.7.3 Middle East & Africa Industrial Tapes Market Volume & Revenue, by Backing Materials, 2015-2025 (Kilo Tons) (US$ Bn)
7.7.4 Middle East & Africa Industrial Tapes Market Volume & Revenue, by Country, 2015-2025 (Kilo Tons) (US$ Bn)

Chapter 8 Company Profiles
8.1 Avery Dennison Corporation
8.2 Ashland Inc.
8.3 H.B. Fuller Co.
8.4 Henkel AG & Company Kgaa
8.5 Eastman Chemical Co.
8.6 Sika AG
8.7 Saint Gobain SA
8.8 The DOW Chemical Company
8.9 VON Roll Holding AG

List of Figures

FIG. 1 Global Industrial Tapes Market: Research Methodology
FIG. 2 Global Industrial Tapes Market Revenue (US$ Bn), by Product Type, 2016
FIG. 3 Global Industrial Tapes Market Revenue (US$ Bn), by End Use, 2016
FIG. 4 Global Industrial Tapes Market Revenue (US$ Bn), by Backing Material, 2016
FIG. 5 Global Industrial Tapes Market Revenue (US$ Bn), by Geography, 2016
FIG. 6 Attractive Investment Proposition, by Geography
FIG. 7 Market Positioning of Key Players
FIG. 8 Global Industrial Tapes Market Volume & Revenue Share, by Product Type, 2016 & 2025 (% Value)
FIG. 9 Global Industrial Tapes Market Volume & Revenue, by Aluminum Tapes, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 10 Global Industrial Tapes Market Volume & Revenue, by Duct Tapes, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 11 Global Industrial Tapes Market Volume & Revenue, by Adhesive Transfer Tapes, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 12 Global Industrial Tapes Market Volume & Revenue, by Filament Tapes, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 13 Global Industrial Tapes Market Volume & Revenue, by Others, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 14 Global Industrial Tapes Market Volume & Revenue Share, by End Use, 2016 & 2025 (% Value)
FIG. 15 Global Industrial Tapes Market Volume & Revenue, by Manufacturing, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 16 Global Industrial Tapes Market Volume & Revenue, by Automotive, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 17 Global Industrial Tapes Market Volume & Revenue, by Construction, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 18 Global Industrial Tapes Market Volume & Revenue, by Logistics, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 19 Global Industrial Tapes Market Volume & Revenue, by Electrical & Electronics, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 20 Global Industrial Tapes Market Volume & Revenue, by Others, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 21 Global Industrial Tapes Market Volume & Revenue Share, by Backing Materials, 2016 & 2025 (% Value)
FIG. 22 Global Industrial Tapes Market Volume & Revenue, by Paper, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 23 Global Industrial Tapes Market Volume & Revenue, by Cloth/Fabric, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 24 Global Industrial Tapes Market Volume & Revenue, by Polymeric, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 25 Global Industrial Tapes Market Volume & Revenue, by Metallic, 2015 – 2025 (Kilo Tons) (US$ Bn)
FIG. 26 Global Industrial Tapes Market Revenue Share, by Geography, 2016 & 2025 (Value %)

List of Tables

TABLE 1 Market Snapshot: Global Industrial Tapes Market Revenue
TABLE 2 North America Industrial Tapes Market Volume & Revenue, by Product Type, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 3 North America Industrial Tapes Market Volume & Revenue, by End Use, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 4 North America Industrial Tapes Market Volume & Revenue, by Backing Materials, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 5 North America Industrial Tapes Market Volume & Revenue, by Country, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 6 Europe Industrial Tapes Market Volume & Revenue, by Product Type, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 7 Europe Industrial Tapes Market Volume & Revenue, by End Use, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 8 Europe Industrial Tapes Market Volume & Revenue, by Backing Materials, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 9 Europe Industrial Tapes Market Volume & Revenue, by Country, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 10 Asia Pacific Industrial Tapes Market Volume & Revenue, by Product Type, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 11 Asia Pacific Industrial Tapes Market Volume & Revenue, by End Use, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 12 Asia Pacific Industrial Tapes Market Volume & Revenue, by Backing Materials, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 13 Asia Pacific Industrial Tapes Market Volume & Revenue, by Country, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 14 Latin America Industrial Tapes Market Volume & Revenue, by Product Type, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 15 Latin America Industrial Tapes Market Volume & Revenue, by End Use, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 16 Latin America Industrial Tapes Market Volume & Revenue, by Backing Materials, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 17 Latin America Industrial Tapes Market Volume & Revenue, by Country, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 18 Middle East & Africa Industrial Tapes Market Volume & Revenue, by Product Type, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 19 Middle East & Africa Industrial Tapes Market Volume & Revenue, by End Use, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 20 Middle East & Africa Industrial Tapes Market Volume & Revenue, by Backing Materials, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 21 Middle East & Africa Industrial Tapes Market Volume & Revenue, by Country, 2015-2025 (Kilo Tons) (US$ Bn)
TABLE 22 Avery Dennison Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 23 Ashland Inc.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 24 H.B. Fuller Co: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 25 Henkel AG & Company Kgaa: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 26 Eastman Chemical Co.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 27 Sika AG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 28 Saint Gobain SA: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 29 The DOW Chemical Company: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)
TABLE 30 VON Roll Holding AG: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Strategies / News Coverage)

Frequently Asked Question

What is the size of Industrial Tapes Market?

The market for Industrial Tapes Market is expected to reach USD$ XX Mn in 2025.

What is the Industrial Tapes Market CAGR?

The Industrial Tapes Market is expected to see significant CAGR growth over the coming years, at 6.0%.

What is the Forecast period considered for Industrial Tapes Market?

The report is forecasted From 2017-2025.

What is the base year considered for Industrial Tapes Market?

The base year of this report is 2016.

Who are the major players in this market?

Saint Gobain SA, Henkel AG & Co., Eastman Chemical Company, Avery Dennison Corporation, Sika AG. are some of the major players in the global market.

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