Industrial Tapes Market : Size, Share, Key Facts and Forecast Predictions Presented 2021-2030 | The Dow Chemical Company, Henkel AG & Company, Sika AG | Taiwan News | 2022-04-22 07:42:23

2022-04-25 08:01:20 By : Mr. David Wang

Global Industrial Tapes Market Size study, By Product Type (Filament Tapes, Aluminum Tapes, Duct Tapes, Adhesive transfer tapes, Others {Single Sided and Double sided}), By Tape Backing Material (Polypropylene, Paper, Polyvinyl Chloride, Other Tape Backing Materials {Foam, Fiberglass, Fabrics, Glass Cloth, Reinforced Epoxy, Polyester, PEN, polyimide, PTFE, and medical grade cloth}), By Mode of Application (Pressure Sensitive Application, Solvent Based Application, Hot Melt Based Application, Acrylic Based Application), By Application (Packaging Application, Masking/ Protective Application, Electrical And Electronic Application, Specialized Application, Others (Decorative Tapes, Splicing Tapes, And Damping Tapes}), By End-user (Manufacturing Industry, Automotive Industry, Construction Industry, Logistics Industry, Electrical Industry, Others {Aerospace And Electronics}), and Regional Forecasts 2022-2028

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Global Industrial Tapes Market is valued at approximately USD 61.82 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2022-2028. Industrial Tapes offer a high level of adhesive strength that is associated with the normal tapes which are used in everyday life. It is used for adhesive bonding, electrical insulation, masking, ESD control, thread sealing, packaging, wrapping, and further specialized applications. It comprises both adhesive tapes, non-adhesive tapes, and special purpose tapes. Industrial tapes are majorly adopted for attaching various substances like cushions, foams, and lighting fixtures.

Also, bonding processes such as concrete bonding, glass bonding, and floor bonding are also performed through the help of industrial tapes. The growing adoption of the industrial tapes for manufacturing and assembly of commodities and appliances, coupled with the potential growth of the automobile, electronic, and construction sectors are propelling the market demand across the globe. For instance, according to the European Construction Industry Federation (FIEC) in 2017, the construction activity is grown approximately 2.2% in 2016 and it is anticipated to grow by 3% in 2018. However, high emissions of volatile organic content in manufacturing impede the growth of the market over the forecast period of 2022-2028. Also, new product launches and R&D by the leading market players are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the Global Industrial Tapes Market study includes Asia Pacific, North America, Europe, Latin America and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the availability of low-cost resources, growing demand from the automotive, construction, electronic, and manufacturing industry. Whereas, North America is anticipated to exhibit a moderate growth rate over the forecast period 2022-2028. Factors such as growing penetration of the advanced material technology, as well as the presence of the leading market players, would create lucrative growth prospects for the Industrial Tapes market across the region.

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Major market players included in this report are: The Dow Chemical Company Henkel AG & Company Sika AG Avery Dennison Corporation H.B Fuller Ashland Inc. Von Roll Holding AG Saint Gobain SA Eastman Chemical Company 3M

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type Filament Tapes Aluminum Tapes Duct Tapes Adhesive Transfer Tapes Others (Single Sided and Double Sided)

By Tape Backing Material Polypropylene Paper Polyvinyl Chloride Other Tape Backing Materials (Foam, Fiberglass, Fabrics, Glass Cloth, Reinforced Wpoxy, Polyester, PEN, Polyimide, PTFE, and Medical Grade Cloth)

By Mode of Application Pressure Sensitive Application Solvent Based Application Hot Melt Based Application Acrylic Based Application

By Application Packaging Application Masking/ Protective Application Electrical and Electronic Application Specialized Application Others (Decorative Tapes, Splicing Tapes, and Damping Tapes)

By End-user Manufacturing Industry Automotive Industry Construction Industry Logistics Industry Electrical Industry Others (Aerospace and Electronics

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By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE

Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020 Base year – 2021 Forecast period – 2022 to 2028

Target Audience of the Global Industrial Tapes Market in Market Study:

Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors

The Dow Chemical Company Henkel AG & Company Sika AG Avery Dennison Corporation H.B Fuller Ashland Inc. Von Roll Holding AG Saint Gobain SA Eastman Chemical Company 3M

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What aspects regarding the regional analysis Market are included in this report?

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