The water-based-adhesive specialty tapes market is growing rapidly and will reach a value of about $9,515 million by 2030. The major reasons attributed to the growth of this industry are, growing product demand from the healthcare sector, expansion of automotive industry and benefits of water-based adhesive tapes over their conventional counterparts.

Based on resin type, the polyvinyl acetate emulsion category had the largest share in terms of both volume and value in recent years. This can be because PVA adhesives make clear, hard films that have good resistance to the weather and can stand strong against grease, water, oil, and other petroleum.

Based on industry, construction had the largest share in the market. This can be credited to the growing demand for these adhesives for several tasks like coatings, waterproofing, and mortar adjustments.
Furthermore, the construction of affordable housing and smart cities are projected to surge the requirement for PVA-emulsion tapes in the construction sector.

The constructure industry is projected to be fastest growing category for acrylic polymer emulsion tapes in the coming years. This has a lot to do with the increase in consumption of APE-adhesive on the basis of their non-flammable property, and brilliant performance.

APAC had the largest market share in the past. Due to the developing healthcare, automotive, electrical and electronics industry, and increasing purchasing power APAC will lead the market in coming years.

According to the data from National Institution for Transforming India, the healthcare sector will reach over $372 billion in coming years. Tapes in the healthcare sector are used as waterproof tapes and surgical tapes for covering injuries. These tapes come with antigenic properties, and hold the skin, bandage or dressing material tightly. Thus, the rising demand for these tapes from healthcare sector will propel the industry in the future.

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