Pressure Sensitive Adhesive Tapes Market To Expand Industry Growth At USD 92.45 Billion By 2030
San Francisco, 12 Jan 2023: The Report Pressure Sensitive Adhesive Tapes Market Size, Share & Trends Analysis Report By Product (Specialty Tapes, Packaging Tapes, Consumer Tapes), By Region, And Segment Forecasts, 2022 - 2030 The global pressure sensitive adhesive tapes market size is expected to reach USD 92.45 billion by 2030, expanding at a CAGR of 4.9% from 2022 to 2030, according to a new study by Grand View Research, Inc.This growth can be attributed to the increasing use of pressure sensitive tapes as an optimum alternative to conventional adhesives and fasteners due to the globally rising concerns from the automotive industry to ensure light weighting. A surge in the global population coupled with expeditious industrialization and urbanization in the transpiring economies is expected to fuel the construction spending to cater to the demand from the infrastructure sector. This is anticipated to propel the demand for pressure sensitive adhesive tapes in construction appl