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              أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

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                Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

                Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

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                أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

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                أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

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                BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

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                  • Algeria

                    Algeria's Arms Imports Drop by 58% – Asharq Al-awsat – English

                    Stellantis invests 200 mln euros to produce Fiat cars in Algeria – Kalkine Media

                    Stellantis invests 200 million euros to produce Fiat cars in Algeria – Reuters.com

                    Algeria's gas vs. rightwing ideology: Will Italy change its position on … – Middle East Monitor

                    Borrell: Dispute between Algeria, Spain Harms Association Agreement – Asharq Al-awsat – English

                    Museveni departs for Algeria on three-day state visit – Monitor

                  • Egypt

                    Egypt launches first center to support innovative non-banking fintech solutions – ZAWYA

                    Planning Ministry calls for green projects to finance after 18 won last … – Egypt Today

                    Saudi leads most Gulf bourses higher; Egypt down – Business Recorder

                    Egypt's Military Is Under Pressure to Loosen Its Grip on Economy – The Wall Street Journal

                    IBM brings intelligent automation software to Telecom Egypt to … – PR Newswire

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                    With 5.3% CAGR, Global Libya Cosmetics Market Size to Surpass … – Digital Journal

                    Eye Hospital opens one of the major operation departments in the … – The Libya Observer

                    The Oil Price Collapse Continues After Brief Respite – Yahoo Finance

                    Maaloul & Jaziri called-up for Tunisia's double-header against Libya – KingFut

                    Italy says 30 migrants missing after boat capsizes off Libya – Macau Business

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                      • South Sudan

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                        South Sudan's president dismisses political rival's wife – KRDO

                        After Pope Francis’ visit, South Sudan relief charity sees renewed interest and prayers – Catholic News Agency

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                        South Sudan's oil and water give it bargaining power – but will it benefit the people? – The Conversation Indonesia

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                        • Sudan

                          Why bank carnage in the west may boost China's appeal – The Business Standard

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                          Global banking crisis: Low prices to brighten prospects of OMCs – Business Standard

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                          • Tunisia

                            Violence in Tunisia prompts increase in migrants heading for Europe – Arab News

                            Burgan Bank resumes its sponsorship of Dar Al-Athar Al-Islamiyyah’s 27th Cultural Season – ZAWYA

                            Human rights groups urge EU ministers to put pressure on Tunisia – Arab News

                            Italy pushing IMF to help Tunisia and avoid instability, minister says – Reuters.com

                            Tunisia's parliament convenes for first time since 2021 | Business … – Times Daily

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                            • North Africa
                              Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

                              Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

                              أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

                              أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

                              أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

                              أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

                              GCC health authorities and industry leaders meet to discuss pharma regulations and innovations

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                              Globitel’s SpeechLog Retail solution adopted by one of Kuwait’s largest telecom operators in record-fast roll-out

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                              Trending Tags

                              • Middle east
                                Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

                                Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

                                BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

                                BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

                                أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

                                أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

                                أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

                                أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

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                                تتعاون بيوماب و جامعة محمد بن زايد للذكاء الاصطناعي في مختبر مشترك للحسوبة الحيوية

                                BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

                                BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

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                                • Press releases
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                                  Home Press Releases

                                  Double Coated Film Tapes Market Size Forecast to Reach $825.2 Million by 2026

                                  admin by admin
                                  March 6, 2022
                                  in Press Releases
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                                  (EMAILWIRE.COM, March 06, 2022 ) Double Coated Film Tapes market size is forecast to reach US$825.2 Million by 2026, after growing at a CAGR of 4.3% during 2021-2026. Double Coated Film Tapes is a film that has release coating on both sides with adhesives which is widely used throughout the world by a massive range of applications such as packaging, consumer goods, paper & cardboard, graphic and signage and others. It is used to stick two surfaces without displaying the sticking surface and as a result gives a tidy look. As for the inherent properties of these tapes, it can be placed onto a variability of applications when manageable pressure is applied, including wood, paper, metals, plastics and ceramic. The most preferred material for double coated film tapes is polyethylene (PE), high density polyethylene (HDPE), polyvinyl chloride (PVC) and others. The double coated film tapes are gaining traction in e-commerce as it is preferred material while packaging of the commercialized products. Double coated film tape with synthetic rubber is high-tack and hand-tearable and to which tape dispensers can be avoided.

                                  COVID-19 Impact

                                  COVID-19 has affected the global economy in three different ways, it made a fuss in supply chain and market disruption, severely affected production and demand, and by its financial impact on firms. The double coated film tapes market was severely affected due to COVID-19 pandemic as most of the end-use activity has been temporarily shut down. Most of the countries went under temporary shutdown, due to which operations of double coated film tapes related industries were negatively affected, thus hampering the growth of the market. However, the demand for food and beverages and pharmaceutical products is uprising which has boosted the market during this pandemic as per the demand.

                                  Double Coated Film Tapes Market Segment Analysis – By Materials

                                  Polyethylene (PE) segment held the largest share in the Double Coated Film Tapes Market in 2020. Polyethylene is a preferred material consumed by double coated film tape manufacturers to modify the physical properties of double coated film tapes. Owing to the good flexibility and low-cost factor, polyethylene is widely used in packaging industry for pharmaceutical production and food and beverages packaging. According to Open Government Data (OGD) Platform India, the total export of polyethylene in India increased from 2,05,797 metric tonne in 2018 to 4,57,416 metric tonne in 2019. Thus, owing to its wide-ranging characteristics the demand for polyethylene is increasing in various end-use industries, which in turn is likely to drive the double coated film tapes market growth during the forecast period.

                                  Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=501455

                                  Report Price: $ 4500 (Single User License)

                                  Double Coated Film Tapes Market Segment Analysis – By Application

                                  Packaging segment held the largest share in the Double Coated Film Tapes Market in 2020 and is growing at a CAGR of 6.4% during 2021-2026. The packaging industry is a vast ecosystem that covers everything related to the major food and beverage packaging. Consumers favor packaging which involves the least time and effort to carry, open and store for instance tear notches, zippers reclosure, hang hole features, peel-off lids, and microwavable pouches. These tapes provide high initial adhesion, wider acceptance for indoor and room temperature, and effective adhesion to low surface energy substrates applications are some features that fuel the growth in the double coated film tapes market. These demands have fronted the packaging market traders to emphasis on new packaging designs to advance higher convenience and portability which in turn drives the growth of double coated film tapes in the forecast period.

                                  Double Coated Film Tapes Market Segment Analysis – By End-Use Industry

                                  Food and Beverages segment held the largest share in the Double Coated Film Tapes Market in 2020 and is growing at a CAGR of 5.9% during 2021-2026. Double coated film tapes help food and beverages manufacturers meet FDA government regulations as well as critical product and process issues. Double coated film tapes are food-grade adhesive tapes and the materials meets the safety FDA Regulations for direct or indirect food contact. These products are commonly used in processing, sorting, holding, packaging and transporting food and as well as pharmaceutical products. It enhances the effectiveness, productivity and efficiency of packaging operation with food grade tapes. It provides easy labeling and makes usage of ultra-violet adhesives bring exceptional aging resistance. Because of the growing need for stored food with easy marketing the double coated film tapes market is witnessing a demand from food and beverage sector.

                                  Double Coated Film Tapes Market Segment Analysis – By Geography

                                  Asia-Pacific region held the largest share of 30% in the Double Coated Film Tapes Market in 2020 followed by North America and Europe. Asia Pacific is likely to experience potential growth in the double coated film tapes market, mostly due to massive demand in developing economies like China and India. Due to the rising population and urbanization, the region is under constant growth in food and beverages sector. For instance Indian Food Retail market is growing at CAGR 25% in 2020. On the other hand, according to International Trade Administration China’s food and beverage sector achieved approximately US$595 billion in 2019, 7.8% increase over 2018.

                                  Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=501455

                                  Double Coated Film Tapes Market Drivers

                                  Rapid growth in E-commerce sector

                                  The demand for double coated film tapes is gaining momentum in several industries such as packaging, electrical and electronics, food and beverage, and automotive. Rapid growth of the e-commerce sector is also boosting the global double coated film tapes market. The e-commerce sector uses it for different roles such as packaging, deliveries and others. Recognized organizations and top-most enterprises are inclined on the way to online business due to reduced expenditure in communication and set-up. E-commerce bids the organization a laid-back reach for the customers, and consequently required exposure to business is also attained. Besides, due to COVID-19 pandemic, customers’ preference towards online shopping is rising since shops are closed. According to US Department of Commerce, the first quarter 2021 e-commerce estimate increased 39.1% from the first quarter of 2020 while total retail sales increased 16.8% in the same period. E-commerce sales in the first quarter of 2021 accounted for 13.6% of total sales. The rise in e-commerce industry will certainly boost the growth of double coated film tapes.

                                  Demand from Construction Sector

                                  The double coated film tapes advance various features as they are an ideal choice for sticking to rough surfaces and for surging application in the construction industry where high strength adhesion is demanded. These tapes are designed to stick two surfaces which can handle loads of thermal and movement stresses. They are likewise upright at resisting UV rays, vibration, shock and sound. Moreover, chemical and good moisture resistance properties have become main focus for many industries. Owing to the properties such as light in weight, easy process ability, stiffness, high rigidity, and sealing properties makes double coated film tapes suitable for construction uses. These properties upsurge the sales of the double coated film tape market during the forecast period.

                                  Double Coated Film Tapes Market Challenges

                                  Increasing price of Raw Materials may hinder the market growth

                                  Manufacturers are functioning hard to maintain challenging market position along with the maintenance of customers by executing low-cost strategy for labels, hence compromising on their profit margins. Besides, increased raw material prices have become a critical issue for manufacturers of double coated film tapes. Rising prices of film material, adhesives resins, special paper, and printing inks, are hampering the enhancement of all the concerned businesses in the double coated film tape market.

                                  Double Coated Film Tapes Market Landscape

                                  Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Double Coated Film Tapes. Major players in the Double Coated Film Tapes Market are:

                                  Adchem

                                  Elite Tape

                                  Intertape Polymer

                                  MACtac

                                  Nitto Denko

                                  Parafix Tapes & Conversions

                                  Shurtape Technologies

                                  Tesa Tape

                                  3M

                                  V. Himark

                                  Acquisitions/Technology Launches/ Product Launches

                                  In 2020, Mactac launched MacBond FBR899 series tapes, a versatile line of industrial tapes offering transfer adhesive and double-coated film form with a 0.5-mil PET carrier.

                                  Key Takeaways

                                  Asia Pacific dominates the Double Coated Film Tapes Market owing to rapid increase in packaging and food and beverage sector. For instance, the Food Safety and Standards Authority of India (FSSAI) plans to invest around US$72.3 million to strengthen the food testing infrastructure in India.

                                  The market drivers and restraints have been assessed to understand the business impact over the forecast period.

                                  The report further identifies the key opportunities for growth while also detailing the key challenges and possible threats.

                                  The other key areas of focus include the various applications and end use industry in Double Coated Film Tapes Market and their specific segmented revenue.

                                  Rise in demand in packaging application mainly due to high initial adhesion and wider acceptance for indoor is boosting the Double Coated Film Tapes Market.

                                  Related Report:

                                  A. FEP-coated Polyimide Film Market

                                  https://www.industryarc.com/Research/FEP-coated-Polyimide-Film-Market-Research-501505

                                  B. Adhesive Tapes Market Analysis

                                  https://www.industryarc.com/Report/15279/adhesive-tapes-market.html

                                  For more Chemicals and Materials Market reports, please click here

                                  About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



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