New Delhi, September 06, 2019: According to the last study done on the global adhesive tapes market, the period 2017-2022 is expected to see a 6.68% growth in CAGR. Although the global market has responded well to the new key additions to the range of products in the adhesive segment, the Indian market is slowly moving toward the use of these new products. Noticing a gap in the current generation of an ineffective range of adhesive products, AIPL is extensively marketing the new products with personalization in the marketing as that is the way forward in creating a better relationship with the target customers.
There are industries that are showing healthy growth rates, AIPL will be focusing on expanding its product range for these industries such as Packaging & Label, Signage, HVAC, Surface Protection, White Goods, and Electronic & Electrical industries among others. 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.
The adhesive tapes market commands the packaging industry; this command has opened new avenues to various manufacturing sectors such as agriculture, pharma, retail, and FMCG among others. This is a great value addition.
Founder of AIPL Mr. Ajit Gupta said, “Recently, APAC countries have dominated the adhesive tapes market and are anticipated to continue doing so in the forecast period. Japan is one of the major markets for adhesive tapes, owing to the massive production of appliances, and health care products. However, the growing packaging industries in countries, like China, Japan, and India, are further expected to augment the demand for adhesive tapes. From the above-mentioned factors, it is evident that the demand for adhesive tapes is expected to further increase in the Asia-Pacific region over the coming years.”
Considering the burgeoning effects of environmental issues, the adhesive tapes market has incorporated eco-friendly material in their production.
AIPL not only abides by the compliances but stays a step ahead in environment protection. We strongly believe in protecting our environment for our good and for the good of generations to come. We have several programs running in this direction.
Corporate Comm India (CCI Newswire)
