From GlobeNewswire: 2024-05-17 21:00:00

Global Splicing Tape for Paper and Flexible Films Market is expected to grow significantly by 2033, with a CAGR of 4.4%. Splicing tapes join sheet materials like polyester, polypropylene, and polyethene. Films are water, moisture, and chemical resistant, making them popular in packaging, automotive, electronics, and agricultural industries. The paper-based splicing tape segment is forecasted to dominate, with flexible film substrates growing rapidly. The printing and packaging industry will hold a significant share, with Asia Pacific leading the market due to population growth and industrial expansion. Europe is expected to have the fastest CAGR growth, driven by demand from the electronics industry. Major vendors in the market include 3M Company, Avery Dennison Corporation, and Bemis Company, Inc. The market is segmented by material type, application, end-user industry, and region.



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