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Showing posts from August, 2020

PSA Tapes Global Market to Reach 69 Billion Square Meters by 2026 - Market Research Report (2019-2026) by Industry Experts, Inc.

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Industry Experts, Inc. released an updated 2020 version of the market research report on Pressure Sensitive Adhesive (PSA) Tapes. The new report entitled " Pressure Sensitive Adhesive (PSA) Tapes – A Global Market Overview " reveals that the market for PSA Tapes is declined for all types except Medical Hygiene sector in 2020 due to the Pandemic impact. Demand for packaging Pressure Sensitive Adhesive (PSA) tapes used in essential goods including food & beverage packaging, hygiene packaging and home products packaging has increased, whereas demand for these products in industrial, luxury and some B2B-transport packaging has declined. PSA tapes demand in e-commerce related packaging is expected to increase significantly in 2020. On the other hand, PSA packaging tapes demand in packaging applications in sectors like personal care & cosmetics, industrial, and B2B transportation is expected hit hardly by the Covid-19 pandemic. Polypropylene backed tapes are the leading

Global Market for Hydraulic Components to Reach $75 Billion by 2026 - Industry Experts, Inc. Market Research

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Industry Experts, Inc. published an updated version of the market research report on Hydraulic Components. The new version of this report includes the impact of COVID-19 on the global Hydraulic Components market . Asia-Pacific and South America are expected to grow by a relatively faster growth while developed regions such as North America and Europe are projected to witness the slower growth during the same analysis period. The COVID-19 crisis that has the world in its grips has taken a toll of the hydraulic components industry, too, although not to the devastating extent to which other sectors have been affected. Marginal declines are likely to be witnessed across the board over 2019-2020 and some semblance of growth can be expected only towards mid-2022. However, this positive outlook depends on how the pandemic situation pans out over the coming months and how economies react to developments. Ill-thought out lockdowns being imposed by governments based on the ground situation that