3M Company and Ajit Industries Pvt. Ltd. are Dominating the Market for Asia-Pacific Adhesive Tapes Market in 2017

Asia-Pacific Adhesive Tapes Market is expected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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The Asia-Pacific adhesive tapes market highly concentrated to a few big players and rest to local players who cater to domestic markets only. 3M Company (U.S.) dominated the adhesive tapes market accounting for a highest market share in 2017, followed by Ajit Industries Pvt. Ltd. (India), NITTO DENKO CORPORATION (Japan), LINTEC Corporation (Japan), AVERY DENNISON CORPORATION (U.S.). Other players in this market include are Intertape Polymer Group (U.S.), Shurtape Technologies, Llc (U.S.), Scapa Group Plc (UK), Lohmann GmbH & Co.KG  (Germany), NICHIBAN CO., LTD. (Japan), Berry Global Group, Inc. (U.S.), DermaMed Coatings Company LLC (U.S.), and among others.

3M Company:

Founded in 1902 and headquartered in Minnesota, U.S. 3M Company is engaged in the development and distribution of novel products and services for technology platforms. The company provides various products such as abrasives, adhesives & tapes, advanced materials, films, filtration, casting & splinting, chemicals, dental, security hardware & software under brand names Post-it, Scotch, Scotch-Brite, Command, Filtrete, Nexcare, and ScotchBlue. The business segments in which the company operates are industrial, safety and graphics, electronics and energy, healthcare, and consumer. The company offers adhesives tapes through industrial segment.

The company offers its product and services in various industries such as commercial solutions, communications, design & construction, electronics, energy, health care, manufacturing, mining, oil & gas, safety, and transportation. The company is certified with ISO/TS 16949 or ISO 9001 for quality and ISO 14001 for environmental systems. Its subsidiaries include 3M Australia Pty Limited (Australia), 3M Hong Kong Limited (Hong Kong), 3M Thailand, Ltd. (Thailand), 3M Cogent, Inc.( Delaware), 3M Australia Pty. Ltd. Argentina), 3M a/s (Denmark), 3M Electronic Monitoring Ltd (Israel), and 3M Canada Company (Canada). The company has its presence in U.S., Asia-Pacific, Europe, Middle East & Africa, and Latin America/Canada.

In 2018, 3M Company (U.S.) launched 3M Single Coated Medical Extended Wear Adhesive Nonwoven Tape on Line (3M 4077). This is water-resistant tape that offers skin adhesion and a 14-day wear time.

In 2014, 3M Company (U.S.) partnered with Tesla, Inc. (U.S.) to develop high performance adhesives for electric cars.  Both companies are working towards developing innovative products for electric vehicles.

In 2012, 3M Company (U.S.) launched Modified Synthetic Rubber (MSR) Adhesive. This is a low cost adhesive used in metal coil tabbing, splicing, and other tape applications.

Ajit Industries Pvt. Ltd.:

Incorporated in 1998 and headquartered in Delhi, India. Ajit Industries Pvt. Ltd. is engaged in manufacturing and distribution of pressure sensitive self-adhesive industrial tapes and die-cuts products. The company provides products such as acrylic foam tapes, crepe paper tape, BOPP tapes, surface protection tapes, duct tapes, and floor marking tapes. The company offers adhesive tape through pressure sensitive self-adhesive industrial tapes.

The company offer services to various industries such as auto paintshop, automotive, HVAC industry tapes, paper mills, packaging, insect repellent, wire harness industry, and electrical industry. The company is certified with ISO/ TS16949 and ISO 14001:2004 certification. The company’s subsidiaries are Ajit Industries Pvt. Ltd. (Delhi), Ajit Industries Pvt. Ltd. (Haryana), and AJIT Industries Pvt Ltd (Tamil Nadu). The company has its presence in Delhi, Haryana, and Tamil Nadu.

NITTO DENKO CORPORATION:

Founded in 1961 and headquartered in Osaka, Japan. NITTO DENKO CORPORATION is engaged in production of electrical insulating materials. The company provides various products such as double sided tape, surface protective film, sealing materials/NVH related products, masking tape, FPD/touch panel, gasket materials, semiconductor, fluoroplastic sheets and tape, fluoroplastic porous film, and tape for electrical and electronic equipment. The business segments in which company operates are life science, optronics, industrial tape, and others. The company offers adhesives tapes through industrial tape segment.

The company offer services to automotive and transportation equipment, housing / housing equipment, infrastructure industries, material industries, home appliance and electrical industries, displays, electronic devices, and medical industries. The company is certified with ISO9001, IATF16949, ISO14001, OHSAS18001, and AS9100-C certification.

The company’s subsidiaries are Nitto Denko India Private Limited (India), Nitto Americas, Inc. (Americas), Nitto Denko (Taiwan) Corporation, Nitto Denko (Philippines) Corp, Nitto Denko (China) Investment Co., Ltd., Nitto Europe NV (Europe), and among others. The company has its presence in EMEA, Americas, East Asia, and Southeast Asia & Oceania.

In 2007, Nitto Denko Corporation (Japan) planned to build a new plant in its Shiga factory, Japan. This plant aimed to produce protective adhesive tape for liquid crystal displays (LCD).