Adhesive tape market reported to grow by 6% in 2017-22
According to a written report past Business Wire, the global adhesive record market is forecasted to come across a CAGR of 6.68% for the period 2017-2022. Although the global market has responded well to the new additions to the range of products in the adhesive segment, the Indian marketplace is comparatively slower in terms of adapting the new products. Responding to the demand for better adhesive products in the Indian market, Ajit Industries, a manufacturer and provider of several types of pressure level-sensitive cocky-agglutinative industrial tapes and dice-cuts, is offering new products with personalization to create a ameliorate relationship with the target customers.
Ajit Industries will focus on expanding its production range to include industries such as packaging, label, signage, HVAC, surface protection, white appurtenances, and electronic and electric industries. The fattened use of superior adhesives and sealants in glazing and flooring applications is expected to fuel the growth of the elastic adhesive market across the globe.
Ajit Gupta, founder of AIPL said, "Recently, APAC countries have dominated the adhesive tape market and are anticipated to proceed doing so in the forecast menstruation. Japan is one of the major markets for adhesive tape, owing to the massive product of appliances, and health care products. However, the growing packaging industries in countries, similar China, Japan, and India, are further expected to augment the demand for adhesive record. Because the facts, information technology seems that the demand for adhesive tape is expected to increase in the Asia-Pacific region over the coming years."
Source: https://packagingsouthasia.com/consumables/adhesive-tape-market-reported-to-grow-by-6-in-2017-22/
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