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Global Industrial Tapes Market Analysis and Size
Data Bridge Market Research analyses that the industrial tapes market was valued at USD 63.47 million in 2021 and is further estimated to reach USD 105.05 million by 2029 and is expected to grow at a CAGR of 6.5% during the forecast period of 2022 to 2029.
“Duct tapes” accounts for the largest product type segment in the industrial tapes market because duct tape has a long lifespan, is weather resistant, and has a strong adhesive strength.
Global Industrial Tapes Market Scope and Market Size
The industrial tapes market is segmented on the basis of product type, application, mode of application, tape backing material and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Filament tapes
- Aluminium tapes
- Adhesive Transfer Tapes
- Duct Tapes
Report Scope and Market Segmentation
REPORT METRIC |
DETAILS |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2019 - 2014) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Product Type (Filament tapes, Aluminium tapes, Adhesive Transfer Tapes, Duct Tapes, Others), Application (Packaging Application, Specialized Application, Others), Mode of Application (Pressure Sensitive Application, Solvent Based Application, Hot Melt Based Application, Acrylic Based Application), Tape Backing Material (Polypropylene, Paper, Polyvinyl chloride, Others), End User (Manufacturing Industry, Automotive Industry, Construction Industry, Logistics Industry, Electrical Industry, Others) |
Countries Covered |
U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA) |
Market Players Covered |
Dow (US), 3M (US), Henkel AG (Germany), Eastman Chemical Company or its subsidiaries. (US), AVERY DENNISON CORPORATION (US), Ashland (US), H.B. Fuller Company. (US), Von Roll Holding AG (Germany), tesa Tapes (India) Private Limited (India), Intertape Polymer Group (Canada), Muparo AG (Switzerland), PPM Industries, Inc. (UK), Adhesive Applications (US), Berry Global Inc. (US), Merck KGaA (Germany), Microseal Industries Inc. (US), Essentra Specialty Tapes (US), FLEXcon Company Inc. (US), Lamart Corp (US), Shurtape Technologies, LLC (US), PARKER HANNIFIN CORP (US) and Necal Corporation (US). |
Market Opportunities |
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Global Industrial Tapes Market Definition
Industrial tapes are used in a variety of industries for binding purposes. In comparison to ordinary tapes, industrial tapes have a high level of adhesive strength. Adhesive bonding is required for heavy materials and spare parts. Multiple components, such as foams, cushions, and lighting fixtures, are attached with industrial tapes.
Industrial Tapes Market Dynamics
Drivers
Major factors that are expected to boost the growth of the industrial tapes market in the forecast period are as follows:
- Rise in the Government Relief Packages
Packaging, masking, consumer and office, electrical and electronics, healthcare, automotive, white goods, paper and printing, building and construction, retail, and other end use industries employ adhesive tapes. The market is likely to be driven by the growing number of applications for sticky tapes.
- Government Research and Development
The increase in research and development activities for technologically superior solvent-free, ecologically friendly goods is a major driver driving market expansion.
- Rising Innovative Taping Solutions
Industrial tapes have become one of the most widely used solutions for a variety of applications due to the growing demand for novel taping solutions with high strength and resistance to temperature changes and harmful chemicals will further accelerate the market growth.
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https://www.databridgemarketresearch.com/reports/global-industrial-tapes-market
The top notch Industrial Tapes Market business report provides explanation about market trends, future prospects, market restraints, leading market drivers, market segments, key developments, key players in the market, and competitor strategies. A thorough analysis has been performed in this report to know the potential of the market in the present and the future prospects from various angles. This large scale marketing report also contains a precise investment analysis which forecasts forthcoming opportunities for the market players in the Materials and Packaging industry. Industrial Tapes Market analysis report is one of the finest options to resolve business challenges quickly by saving a lot of time.
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
Get TOC of the Report:-
https://www.databridgemarketresearch.com/toc/?dbmr=global-industrial-tapes-market
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