ENDUSER: PACKAGING: Tape Sales Continue to Increase
The strongest prospects exist for various technical and specialty tapes, including backed double-sided, adhesive-transfer and single-sided electronic products. Backed double-sided tapes are finding greater use in high-growth industries such as electronics and telecommunications. Performance advantages and new product development will also support above-average growth for adhesive transfer tapes. Single-sided electronic tapes will benefit from a projected recovery in the electronics industry.
While gains will trail the market average, corrugated carton sealing will remain the largest single product category for pressure-sensitive tapes, accounting for 17% of demand in 2008. New end uses will be less prevalent, as this tape is already the dominant box-sealing method, making further inroads increasingly difficult to procure. However, product development efforts aimed at tapes with value-added features, such as tamper evidence, will somewhat stimulate growth opportunities.
Among raw materials, tapes fabricated from higher-end plastic films, such as polyester, polytetrafluoroethylene, polyamide and polyimide, will continue to supplant cloth and paper tapes, as well as commodity film-backed tapes. These higher-end plastic films will benefit from their durability and high temperature resistance, along with usage in relatively fast growing niche applications, such as electronics and industrial assembly.
For more information, contact Corinne Gangloff, The Freedonia Group Inc., 767 Beta Drive, Cleveland, OH 44143-2326; phone (440) 684-9600; fax (440) 646-0484; e-mail firstname.lastname@example.org ; or visit http://www.freedoniagroup.com .