UV-cured Acrylic Adhesive Tapes Market is likely to expand at a healthy CAGR of 7.29% during | 2024 by omkartmr · January 22 Antonio Brown Womens Jersey , 2019
The competitive landscape of the global UV-cured acrylic adhesive tapes market is signified by the intense rivalry among 3M, tesa SE, Henkel AG & Co. KgaA, Avery Dennison Corp., and H.B. Fuller Derek Carr Womens Jersey , states a new research study by Transparency Market Research (TMR). The leading players are expected to develop their distribution channels in the near future, owing to which the competition between them is likely to deepen substantially.
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According to the research report, the global market for UV-cured acrylic adhesive tape reached a valuation of US$0.37 bn in 2015. Researchers project this market to progress at a CAGR of 7.29% during the period from 2016 to 2024 and gain US$0.69 bn in revenues by the end of the period of the forecast. In terms of shipment volume, the market is estimated to touch 149.32 mn Sq. Mts. by 2024 end. UV-cured acrylic adhesive tapes witness a greater demand from the automotive industry when compared to other end users. The trend is projected to remain so in the near future, with the market generating revenues of US$170.39 mn from this sector alone by 2024.
North America Bo Jackson Womens Jersey , Latin America, Asia Pacific, the Middle East and Africa, and Europe are considered as the key regional markets for UV-cured acrylic adhesives tapes, globally. Led by the increasing demand from Canada and the U.S. Authentic Hunter Renfrow Jersey , thanks to the technologically advanced infrastructure present in these countries, North America is expected to dominate the global market over the forthcoming years, states the research report.