The global Tear Tape market size is expected to witness significant growth over the forecast period.Fortune Business Insights in an upcoming report: “Tear Tape Market Size, Share and Industry Analysis by Product Type (Hot Melt Heat Activated Tear Tape, Adhesive Tear Tape, Individual Laminated Tape), By Material (Biaxially Oriented Polypropylene) (BOPP), Polyvinyl Chloride (PVC), By End-Use (Food Packaging, Pharmaceuticals and Others.) and Regional Forecast, 2022-2029.”reports a growing demand for adhesive tapes in the construction and food and beverage sectors.The global segment will favor market growth between 2022 and 2029.Increasing Construction Activities to Bolster GrowthRapid urbanization and the increasing emphasis on quality are propelling the demand for construction activities across the globe.The increasing focus on developing residential and commercial complexes, along with modification to the existing building structures are driving the demand for adhesive tear tape in the construction activities.The tear tape has excellent properties such as strong resistance to weather and sunlight, high durability, and high tensile strength that enables it to be widely adopted in several constructional applications.Additionally, the growing food and beverage sector is propelling the companies to innovate tear tape products that will bode well for the growth of the tear tape market during the forecast period.Get a Sample PDF Brochure:www.fortunebusinessinsights.com/enquiry/request-sample-pdf/tear-tape-market-102572Sonoco Acquires Corenso Holdings to Strengthen its Market PositionThe global tear tape market is highly fragmented on account of the presence of several key players striving to consolidate their positions.These companies are adopting strategies such as merger and acquisition, collaboration, and partnership to gain a competitive edge over their rivals in the competitive global marketplace.For instance, in August 2019, Sonoco announced the acquisition of Corenso Holdings America, Inc.This acquisition will enable Sonoco to gain complete control of Corenso's manufacturing facility that produces uncoated tear tape, and recycled paperboard, among others.www.fortunebusinessinsights.com/enquiry/speak-to-analyst/tear-tape-market-102572The Global Tear Tape Market Research/Analysis Report Contains Answers to your following Questions:Get your Customized Research Report:www.fortunebusinessinsights.com/enquiry/customization/tear-tape-market-102572Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions.We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses.Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.Fortune Business Insights Pvt.Ltd.9th Floor, Icon Tower, Baner –