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Bemis Associates Inc., a leading manufacturer of thermoplastic films tapes, and adhesives for bonding, holds a significant market share of over 15%. As the key players are growing steadily, the company is planning to expand its business by acquiring the small companies. For instance, in May 2022, Bemis Associates Inc. acquired Protechnic, a France-based company. This acquisition allowed the company to produce new & exciting products and expand its business in regions such as in the U.S., Europe, and Asia. The companies are investing in R&D to offer new products to customers. Since customers come from different industries, manufacturers are focusing on customizing their products to meet specific customer requirements.
Some of the other major players in the market are Adhesive Films, Inc., Ardmel Group, Bostik SA, Compass Textiles, Ding Zing, Essentra, Framis Italia, GCP Applied Technologies, and Gerlinger Industries.
Major players operating in the seam tapes industry are: