The adhesive tapes market is estimated to be $51.3 billion in 2017 and is projected to reach $69.4 billion by 2022, at a compound annual growth rate (CAGR) of 6.26% between 2017 and 2022, according to a report published by Markets and Markets. Over the past few years, the demand for silicone-based adhesive tapes has reportedly been increasing in various end-use industries.

The hot-melt technology segment is projected to witness the highest growth during the forecast period, while the paper segment is projected to grow at the highest CAGR from 2017 to 2022.

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Top 5 News that Sticks for April 15-21

1. Hot Melts Lead Adhesive Tapes Market Growth

2. OMNOVA First Quarter Sales Rise 2%

3. AJ Adhesives and Mid-America Packaging Acquire Wes Adhesives

4. H.B. Fuller Income Jumps 42% in First Quarter 2018 (#4 last week)

5. Gabriel Performance Products Acquires Royce International