The intense competition between 3M, Avery Dennison Corp., Henkel AG & Co. KgaA, tesa SE, and H.B. Fuller signifies the competitive landscape of the global UV-cured acrylic adhesive tapes market , finds a report by Transparency Market Research (TMR). These players together held a share on 80% in this market in 2015. The rivalry between the leading players is expected to increase in the coming years. TMR recommends these companies to strengthen their distribution channels for their sustenance in the near future. As per the research report, the global market for UV-cured acrylic adhesive tapes, which stood at US$0.37 bn in 2015, is projected to rise at a CAGR of 7.29% between 2016 and 2024 and reach a value of US$0.69 bn by the end of the forecast period. Researchers project the market to cross a shipment volume of 149.32 mn Sq. Mts. by the end of 2024. The demand for UV-cured acrylic adhesive tapes is greater from the automotive industry than other end use...
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