Tamper-evident Adhesives Market: Industry Demand, Growth, Analysis and Forecast

Posted by Kishor on January 23rd, 2020

Constant advancement in the pharmaceutical packaging market has experienced a double digit growth, which in turn has led the growth of tamper–evident adhesives market as it deliver a product protection and security needs. Furthermore, the repetitive cases of counterfeiting from the past few years in the pharmaceutical industry is fuelling the tamper-evident adhesives market. For instance, according to WHO, almost 10% of medicines are counterfeit across the globe, which has become a major concern for the food and drug manufacturers.

Additionally, some features that is unacceptable for tamper evident adhesives are the type of materials which are being used in adhesives, such as polystyrene, cellulose and thermal plastics do not offer adequate evidence of tampering on the product, which in turn can be a major challenge to the tamper evident adhesives manufacturers.

Tamper-evident Adhesives Market: Segmentation

The global tamper evident adhesives is differentiated on the basis of application, adhesives types and technology, that is

Tamper-evident adhesives by application:

  • Spare parts
  • Luxury goods
  • Pharmaceutical products
  • Wines and spirits
  • Chemical drums
  • Others

Want to know the obstructions to your company’s growth in the future? Request a Brochure Here @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=15227

Tamper-evident adhesives by adhesive types:

  • Permanent adhesives
  • Removable adhesives
  • Repositionable adhesives
  • Cold temperature adhesives

Tamper-evident adhesives by technology

  • Water based
  • Solvent based
  • Hot-melt
  • Reactive
  • Others

Tamper-evident Adhesives Market: Regional Landscape

On the basis of region, tamper-evident adhesives finds its market possibility in North America, Latin America, Middle East & Africa, Europe and Asia-Pacific. North America and Europe dominates the tamper-evident adhesives, however, Asia Pacific is expected to be the most promising region in terms of incremental prospects lying ahead for generating high revenue.  Latin America and Middle East & Africa are on the trail. Tamper-evident adhesives market is highly regulated in North America and Europe. India and China are the key promising countries driving the tamper-evident adhesives market in Asia-Pacific.

Tamper-evident Adhesives Market: Key Players

Some of the key players of the global tamper-evident adhesives market are 3M Company, Dupont, KRUSE ADHESIVE TAPE, tesa UK Ltd., Avery Dennison, Nordson Corporation, IRPLAST S.p.A., protectaseal ltd, Stickythings Limited., Palmetto Adhesives, Horizons, Inc and DUNMORE.

Going through these points, there is no doubt that tamper evident adhesives market hold good footprint in market in the near future, henceforth, is expected to grow at impressive CAGR during the forecast period, 2016–2024

Like it? Share it!


Kishor

About the Author

Kishor
Joined: February 12th, 2019
Articles Posted: 1,616

More by this author