Nano Tapes Market: Overview
The rising demand for a 10times more adhesive than the lizard’s feet for better packaging had led to the invention of nano tapes and nowadays it has become a very usual commodity for a wide range of usage which includes packaging, sealing, labelling, electrical insulation, stationery, and other general-purpose applications.
The pressure-sensitive adhesives are used in the nano tapes where the adhesive is applied on one side or both sides. They can be easily put on any surface in a very convenient manner by applying slight pressure either mechanically or manually. The increasing demand for nano tapes in different sectors such as healthcare, electronics etc is expected to show good growth in the nano tapes market as a packaging solution in the packaging industry.
Nano Tapes Market: Dynamics
Ali Dhinojwala, a professor of polymer science at the University of Akron says, “The greater the adhesive strength, the better”. For years material scientists have been trying to invent a different kind of tape which will be more powerful for holding components very tightly even in very harsh consition.
Iit will be reusable too. The new invention of nano tapes fits in the criteria perfectly for giving better packaging solution even to glass and sandpapers in automotive, food and beverage, electronics and healthcare industry.
These nano tapes are transparently made of ultra-high viscous material which is very strong adhesives and help to keep the surface of the material residue-free after leaving and cause no harm to the relevant component. The tapes are easily available and very much cost-effective.
These qualities of the nano tapes are driving the growth for the market of nano tapes market. New nano tape (SACNT tape) has been produced by carbon nanotubes which can hold its adhesiveness at an extreme temperature ranging between -196C to 1035C and can be removed by just peeling, burning or soaking in it acetone.
Certainly, these tapes are much stronger than other traditional tapes and these tapes could be useful in aerospace engine shells, satellites and even in space exploration. Different e-commercial sites have resulted in an accelerated urge for online shopping. Online shopping and delivering different food item, electronics items, medicinal products, cosmetics, automotive products are growing more opportunities for expansion of the nano tapes market.
But the nano tapes can hold only 1kg/2.2 lbs of weight for a night. Sometimes, for this reason, many automotive companies don’t prefer this packaging for heavy materials and some other traditional tapes are threatening the nano tapes as they are ready to replace them anytime for carrying heavyweight .
Additionally, the strict government rules against plastic use and for forest reservation are restraining the growth of the nano tapes market as the nano tapes are mainly made of paper, plastic films. But the new invention of carbon tubes made nano tapes are expected to show a higher growth rate in the nano tapes market due to its increased and better-holding capacity.
Nano Tapes Market: Covid19 Impact
Initially during the pandemic situation the growth nano tapes market had slightly gone down due to the imposed strict rules and regulations in different countries as all the manufacturing company got shut down.
However the rising demand of online delivery of all the electrical, automotive, electronic equipment provided by the e-commercial sites at the doorstep leading to the need of a better packaging for maintaining safety. The ongoing trend of work from home due to this Covid-19 situated has been created and it is accelerating the growth of online delivery system of electronic equipment which is directly proportional to the growth of the nano tapes market.
Nano Tapes Market: Regional Overview
APAC is the largest adhesive tapes market and is also projected to be the fastest-growing market because the region is witnessing strong growth in the ongoing projects of R&D and betterment in electrical & electronics, healthcare, and automotive industries. China is expected to be the major contributor to the market’s growth due to the high demand from heavy industries and consumer product manufacturing sectors.
India, Brazil, South Africa, and Indonesia, is expected to witness significant growth in the market and developed countries like the US, Germany, Japan, and the UK, will witness good growth provided by the food and beverage industry only. Middle East region is expected to show good growth gradually driven by the rising numbers of research and Developments industry.
Nano Tapes Market: Key Manufacturers
- Guangzhou New Vision New Material Technology Co., Ltd
- 3M Company
- Tesa SE
- Sekisui Chemical Co ltd
- Broadya Adhesive Products Co., Ltd.
Regional Analysis Includes
- North America
- Latin America
- Middle East & Africa (MEA)
- South Asia
- East Asia
Nano Tapes Market: Segmentation
Globally the nano tapes market can be segmented by material, product and end-use
- Double-sided tape
- Single-sided tape
- Electrical & Electronics
- Food & Beverages
- Consumer goods and retail
- Paper & Printing
- Building & Construction
- Others (Defense, Aerospace, etc)