MarketsandMarkets has released Top 15 Adhesive Tapes Companies, Worldwide 2023 to help businesses make quicker and more informed decisions. Companies' market presence and product footprint are used to build quadrants, which will be revised annually.
The global adhesive tapes market size was USD 80.2 billion in 2022 and is projected to reach USD 110.6 billion by 2028, at a CAGR of 5.6% between 2023 and 2028. The market growth can be attributed to the high demand of healthcare and electrical & electronics industries in developing countries, coupled with enhanced global economic conditions, thereby leading to global adhesive tapes companies investing in emerging markets. The electrical and electronics industry is seeing an increase in the use of adhesive tapes because of the trend toward adopting lightweight products. The packaging industry has also experienced consistent growth in the last decade, fueled by the integration of new markets, changes in substrate preferences, and evolving ownership dynamics. Anticipated to persist over the next decade, this growth is likely to face substantial pressures and disruptive changes. The upsurge is particularly expected in less developed economies, driven by the increasing urbanization and adoption of a westernized culture and lifestyle. This shift has led to heightened demand for packaged goods, a trend further propelled by the global acceleration of the e-commerce sector. Access Research Report @ https://www.360quadrants.com/chemicals/adhesive-tapes-market Unveiling the Market Leaders: Honoring Excellence in Adhesive Tapes Markets Ø 3M has established itself as a market leader in adhesive tapes through a combination of cutting-edge innovation, product diversity, and a strong global presence. 3M's adhesive tape portfolio spans an extensive range of products, catering to diverse industries such as automotive, healthcare, electronics, and more. Some of these are anti-slip & grip tapes, barricade & warning tapes, bonding, mounting & transfer tapes, cloth & duct tapes, electrical tapes, filament tapes, and anti-slip & grip tapes among others. 3M's global presence and customer-centric approach contribute to its market leadership, as it tailors adhesive tape solutions to meet the specific needs of diverse sectors. Ø Tesa SE stands out as a market leader in adhesive tapes due to its commitment to innovation, product quality, and extensive market presence. Renowned for its diverse range of high-performance adhesive solutions, Tesa offers a portfolio that caters to a myriad of industries, including automotive, electronics, and healthcare. The company has a meticulous selection of materials for base components, encompassing materials like PP (polypropylene), PET (polyethylene terephthalate), or PVC (polyvinylchloride), along with fleece, foam (PE), and fabric. Furthermore, the company’s extensive market presence, coupled with a reputation for cutting-edge technology, positions Tesa SE as the go-to choice for adhesive tape solutions, solidifying its status as a market leader. Ø Nitto Denko is a prominent market leader in the adhesive tapes industry, exemplifying a robust market presence and an extensive product footprint. With an extensive global reach, Nitto Denko has established itself as a pioneering force in adhesive technology. The company asserts its leadership in the adhesive tapes industry through a diverse product range, including products such as optically clear adhesive tape, re-peelable strong adhesive double-sided tape, thin PET-based double-sided tape, and low VOC double-sided tape, among others. It uses adhesives types such as rubber, silicone, and synthetic rubber among others. The company's commitment to research and development, coupled with a focus on quality, positions it as a one of the key players in the adhesive tapes market. Ø IPG (Intertape Polymer Group) has established itself as a market leader by offering a comprehensive range of adhesive tape solutions and a wide market presence. With a diverse portfolio that spans a wide range of industries, including packaging, construction, and automotive, IPG's adhesive tapes are trusted by businesses worldwide. The company's strategic focus on research and development, coupled with a dedication to sustainable practices, positions IPG at the forefront of the market, where it continues to set industry standards and meet the evolving needs of its global clientele. Ø Avery Dennison has firmly established itself as a prominent market leader in the adhesive tapes industry. Avery Dennison Performance Tapes stands out as a global leader in developing and manufacturing high-performance pressure-sensitive adhesives and tapes. With over 50 years of expertise, the company serves diverse sectors such as automotive, appliances, electronics, building and construction, specialty industrial, and personal care. The company’s commitment to innovation is evident in its standard and customized solutions, tailored to meet the unique needs of customers worldwide. Backed by a network of manufacturing facilities and local support services, Avery Dennison ensures a strong global presence, reinforcing its reputation for delivering cutting-edge adhesive solutions across industries. Ø Lohmann, a distinguished industry leader, has firmly established itself as a pioneer in the realm of adhesive tapes. With a rich history spanning decades, the company's cutting-edge research and development efforts have yielded a diverse and technologically advanced tape portfolio, catering to a wide array of industries. From high-performance bonding tapes for automotive applications to precision medical tapes, Lohmann's portfolio showcases a commitment to cutting-edge technology and versatility. With a focus on addressing evolving market demands, Lohmann continues to enhance its product offerings, ensuring it remains at the forefront of adhesive tape innovation. Ø LINTEC Corp has emerged as a frontrunner in the adhesive tape industry, solidifying its position as a market leader. The company's adhesive tape portfolio is expansive, catering to a wide range of applications across various industries. Lintec's products include high-performance tapes for industrial use, specialty tapes for electronics and automotive applications, and innovative solutions for healthcare and packaging. With a global presence and a reputation for excellence, Lintec continues to be a driving force in shaping the future of the adhesive tapes market. Categorization Of Adhesive Tapes Companies On 360 Quadrants Adhesive Tapes companies’ evaluation was conducted for 110 companies, of which the top 15 were categorized and placed in a quadrant under Market Leaders, Contenders, Innovators, and Emerging Companies. All the companies in the market leader segment demonstrated strong offerings and the ability to influence the market’s direction with their deep expertise. These companies include 3M, tesa SE, Nitto Denko, IPG, Avery Dennison, Lohmann, LINTEC Corp. These companies dominate the market, together accounting for nearly one-third of the entire Adhesive Tapes market. Berry Global has been recognized as the contender. The contenders are companies with a strong market presence, excelling in specific niches. While not offering the full range of market leaders, they wield significant influence and impact. These companies focus on specific technologies and aim to establish leadership within their chosen segment. In the quadrant, innovators are highly innovative companies with a strong product portfolio, but a smaller market presence compared to leaders. They push industry boundaries with forward-thinking approaches and have the potential to become major players despite lower corporate growth strategies. Scapa Group and Nichiban have been identified as the innovators in the quadrant. The 360 Quadrants thoroughly assesses the emerging companies in the Adhesive Tapes industry. They focus on specific areas and offer specialized knowledge, targeted support, flexible terms, and competitive prices. While they may have limited capabilities, they are preferred for specific use cases. These companies employ strategies to expand sales and reach a broader client base. This segment of the quadrant has identified Orafol, Saint-Gobain, Shurtape Technologies, American Biltrite, and Teraoka as emerging companies. Request Your Free Marketing Kit @ https://www.360quadrants.com/chemicals/adhesive-tapes-market Evaluation Criteria The vendor evaluation was conducted on over 110 companies of which the top 15 were categorized and recognized as the quadrant leaders. Factors such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Adhesive Tapes quadrant. While the top criteria for product footprint evaluation included Resin (Acrylic, Rubber, Silicone, Others), Technology (Solvent-based, Hotmelt-based, Water based), Type (Commodity, Specialty), and Application (Packaging, Masking, Consumer & Office). 360 Quadrants Scoring Methodology 360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons, and the aggregated scores categorize solutions into quadrants such as Market Leaders, Contenders, Innovators, and Emerging Companies. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives. About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research and facilitates analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 360 Quadrants will also be launching 100 quadrants in Chemicals and Materials, Packaging, Energy & Power, and Healthcare. Visit https://www.360quadrants.com to access our interactive quadrants. For media inquiries, please contact: Mr. Agney Sugla MarketsandMarkets™ INC. 630 Dundee Road, Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protected]
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Leading sector research, growth advisory, and analytics firm, MarketsandMarkets unveiled 360 Quadrant for the "Top 21 Smart Grid Companies, Worldwide 2023," classifying industry players ABB, Eaton, Landis+Gyr, and Honeywell into distinct categories that reflect their exceptional contributions to the Smart Grid arena.
These four renowned companies have solidified their positions in the Smart Grid landscape through their commitment to achieving better resilience, reducing carbon emissions, digitalization, and smooth transition from conventional electricity grids to smart grids. Their extraordinary efforts in propelling the Smart Grid sector forward have rightfully earned them recognition within this exclusive quadrant, highlighting their significant impact on a global level. The Smart Grid Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Smart Grid. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 35 companies of which the Top 21 Smart Grid Companies were categorized and recognized as the quadrant leaders. The 360 Quadrant efficiently maps the Smart Grid Companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Smart Grid quadrant. While the top criteria for product footprint evaluation included Smart Grid Market by Component, Application, and Communication Technology. Access Research Report @ https://www.360quadrants.com/energy-and-power/smart-grid ABB, Eaton, Landis+Gyr, and Honeywell – The Leaders Explained ABB Recognized as a Market Leader Among the "Top 21 Smart Grid Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant. ABB has been at the forefront of this transformation, developing innovative solutions that address the complex challenges faced by the energy sector. The company has been recognized as the "Market Leader" in the prestigious " Top 21 Smart Grid Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant owing to its robust product portfolio and its wide geographical presence. By leveraging its expertise in digital and connected technologies, ABB is helping utilities and other customers improve power reliability, efficiency, and sustainability through smart grids. The company offers fault management for grid automation, smart substation control and protection software, substation automation systems, and products, and power distribution systems among other solutions. The company along with other entities is headed towards the adoption of virtualization in substations to meet future needs of utilities at the edge of the grid. The company has made several moves to expand its asset monitoring portfolio. For instance, in January 2023, the company invested in Danish start-up OKTO GRID to advance the development of technology that will digitalize and extend the useful life of ageing electrical assets in order to meet the growing demand for reliable and stable power. Later in April 2023, the company piloted its cloud-based asset monitoring platform for cognitive electrical networks used in renewable energy infrastructure, data centers, and EV charging applications. Prior to that the company also acquired ASKI Industrie Elektronik GmbH (ASKI Energy) of Austria in October 2022 to bring to market new energy optimization and control features and technologies and introduce advanced energy management solutions for smart grids, solar, electric vehicle charging, battery energy storage systems (BESS), and demand-side management. The acknowledgment of ABB as a market leader among the "Top 21 Smart Grid Companies, Worldwide 2023" signifies the company's enduring commitment to innovation, sustainability, and excellence. ABB's role in shaping the future of energy distribution and management remains pivotal, as the world advances toward more efficient, resilient, and sustainable energy systems. Eaton Recognized as a Contender in " Top 21 Smart Grid Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant Eaton, a global power management company, has played a pivotal role in shaping the development of smart grids, contributing significantly to the advancement of energy management, distribution, and control. With a strong commitment to innovation and sustainability, Eaton has become a key player in the transition towards smarter, more efficient electrical grids. Owing to its robust product portfolio and market presence the company has been recognized as Recognized as a Contender in " Top 21 Smart Grid Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant. Eaton provides a wide range of solutions and products designed to modernize and optimize electrical grids. This includes advanced automation systems, advanced metering infrastructure, grid management solutions, and intelligent control devices. The company also offers microgrid solutions that enable the integration of renewable energy sources, energy storage, and efficient load management. These technologies enhance grid reliability, reduce downtime, and improve overall system efficiency. Eaton provides solutions to protect grid infrastructure from cyber threats, ensuring the integrity and security of grid data and operations. Eaton's expertise in power management and its broad portfolio of solutions make it a significant contributor to the evolution of smart grids. This recognition by 360 Quadrants not only acknowledges Eaton's significant market share but also its strong brand recognition, bolstered by a portfolio of cutting-edge products and services tailored to address diverse customer needs. Although Eaton may not provide an exhaustive array of offerings akin to market leaders, its undeniable influence and contributions to the smart grid industry are evident. Landis+Gyr Recognized as an Innovator in " Top 21 Smart Grid Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant Landis+Gyr is a globally renowned leader in the field of smart grid technology and energy management solutions. With a rich history dating back to the early 20th century, the company has continuously evolved to meet the changing needs of the energy industry, particularly in the context of modern smart grids. Landis+Gyr's contributions to the smart grid revolution have been instrumental in enhancing the efficiency, reliability, and sustainability of energy distribution worldwide. Its inclusion in the "Top 21 Smart Grid Companies, Worldwide 2023" reflects its pioneering role in the smart grid industry. As an innovator, Landis+Gyr offers a strong product lineup that includes Smart Meters and Advanced Metering Infrastructure (AMI), grid optimization technologies and others. The Smart Grid Operations services offerings include Gridstream Audit and Optimization, Remote Gridstream Operations, Gridstream Maintenance, Gridstream Field Services, and Project Delivery Services. The company leverages big data and advanced analytics to help utilities make informed decisions. By analyzing the vast amounts of data generated by smart meters and grid devices, utilities can gain insights into consumer behavior, grid performance, and future energy demands. Landis+Gyr has been a pioneering force in the evolution of smart grids. Its comprehensive suite of solutions for smart grids and its commitment to sustainability has made it a crucial partner for utilities worldwide. The company, as an innovator, offers a robust product portfolio that pushes the industry forward with forward-looking strategies. Although its current market share may be smaller than that of market leaders, it has the potential to ascend and become a notable player, driven by its innovative spirit and commitment to excellence. As the energy industry continues to transform, Landis+Gyr remains at the forefront, enabling a more efficient, reliable, and environmentally friendly energy future. Honeywell Gained Recognition as an Emerging Company in the " Top 21 Smart Grid Companies, Worldwide 2023" by MarketsandMarkets 360 Quadrant. Honeywell is a multinational conglomerate with a diverse range of products and services, including those related to smart grids. Smart grids represent an innovative approach to managing and optimizing electricity distribution, and Honeywell plays a significant role in this field. Leveraging its extensive expertise, the company has been acknowledged as an Emerging Leader in the "Top 21 Smart Grid Companies, Worldwide 2023." The company combines its expertise in smart metering technology with end-to-end smart grid innovations and intelligence to develop connected solutions that empower electricity utilities to better balance resources, ensure grid stability. Honeywell provides solutions like advanced metering infrastructure, smart metering systems, grid optimization solutions, advanced grid applications and others. The company’s Alpha 4 is a platform that offers capabilities and processing power for advanced grid applications, delivering real-time data insights and edge intelligence for metering needs. Honeywell, with a dedicated focus, offers specialized expertise, precise support, adaptable terms, and competitive pricing in the Smart Grid sector. While the company may have certain limitations, it stands as the preferred choice for specific use cases due to its strategic approach to expanding sales initiatives and broadening its client base. Honeywell's commitment to addressing specialized requirements and its ongoing growth aligns well with industry dynamics. As global market dynamics continue to evolve, ABB, Eaton, Landis+Gyr, and Honeywell remain at the forefront of innovation, setting benchmarks for excellence in the Smart Grid landscape. Their inclusion in the “Top 21 Smart Grid companies, Worldwide 2023” by MarketsandMarkets 360 Quadrant reaffirms their commitment to delivering cutting-edge solutions to a dynamic and ever-changing market. Request Your Free Marketing Kit @ https://www.360quadrants.com/energy-and-power/smart-grid 360 Quadrants Scoring Methodology 360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects, and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons, and the aggregated scores categorize solutions into quadrants such as Market Leaders, Contenders, Innovators, and Emerging Companies. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives. About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research and facilitates analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. 360 Quadrants will also be launching 100 quadrants in Chemicals and Materials, Packaging, Energy & Power, and Healthcare. Visit https://www.360quadrants.com to access our interactive quadrants. For media inquiries, please contact: Mr. Agney Sugla MarketsandMarkets™ INC. 630 Dundee Road, Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protected] |
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