Pressure Sensitive Tapes Market Size

Pressure Sensitive Tapes Market size was valued at USD 70.2 billion in 2023 and is estimated to reach USD 133.5 billion by the end of 2036, growing at a CAGR of 5.5% during the forecast period, i.e., 2024-2036. In 2024, the industry size of pressure sensitive tapes is estimated at USD 74.06 billion.   

The pressure sensitive tapes market is expanding due to its high usage in automotive applications and growing popularity of electric vehicles worldwide. Pressure sensitive tapes are used in car batteries to prevent thermal runaway and link cells to one another.  These tapes help to increase fuel efficiency due to their low weight and transparent surfaces and enhance the visual appeal of the vehicles.