Flatback Tapes Market

The global Flatback Tapes market was valued at 1288.77 Million USD in 2021 and will grow with a CAGR of 4.46% from 2021 to 2027, based on newly published report.

The prime objective of Flatback Tapes Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Flatback Tapes Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Flatback tape are commonly used for holding, splicing, and masking applications, it offers aggressive adhesion. It is engineered for a wide range of humidity and temperature conditions and sticks to most surfaces.Flatbacks are perfect for sealing cartons and splicing linerboards for a number of reasons. First, their distinctive brown color blends well with the brown fiberboards used for shipping boxes and storage boxes. Applying them is also easy because they unwind smoothly and you don`t need tools to cut and tear them. Manufacturers categorize the flatback tape into three major grades: utility, medium, and premium. Global Flatback Tapes key players include 3M, Intertape Polymer Group, Shurtape Technologies, etc. Global top 3 manufacturers hold a share over 40%. Asia-Pacific is the largest market, with a share about 37%, followed by Europe, and North America, both have a share about 51 percent. In terms of product, Utility Grade Flatbacks is the largest segment, with a share over 46%. And in terms of application, the largest application is Packaging & Sealing, followed by Splicing, Masking, Holding, Others.

By Market Verdors:

• 3M
• Intertape Polymer Group
• Shurtape Technologies
• Tesa
• Nitto
• Berry Plastics
• Shanghai Yongguan
• Shanghai Smith Adhesive
• Crown
• Pro Tapes & Specialties
• ECHOtape

By Types:

• Utility Grade Flatbacks
• Medium Grade Flatbacks
• Premium Grade Flatbacks

By Applications:

• Splicing
• Packaging & Sealing
• Masking
• Holding

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

• To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
• Assess the production processes, major issues, and solutions to mitigate the development risk.
• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
• Learn about the market strategies that are being adopted by leading respective organizations.
• To understand the future outlook and prospects for the market.
• Besides the standard structure reports, we also provide custom research according to specific requirements