The global industrial tapes market size reached US$ 61.4 Billion in 2021. Looking forward, the analyst expects the market to reach US$ 91.9 Billion by 2027, exhibiting a growth rate (CAGR) of 6.9% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Industrial tapes are made using a sticky chemical film and backing material and are used for various industrial functions such as adhesive bonding, masking, packaging, wrapping and electrical sealing. They offer high adhesive strength as compared to standard tapes and can also be used to bond heavy materials such as concrete, glass, wood, rubber and metal. These tapes come in adhesive, non-adhesive and special-purpose variants. While adhesive industrial tapes are widely utilized for binding various products, the non-adhesive and special-purpose variants of these tapes are used for specific applications such as thread sealing, electrical insulation, welding, thermal protection and friction reduction.
The extensive usage of industrial tapes in packaging, automotive, medical and construction sectors, owing to various favorable properties such as water/shock resistance and high peel and tensile strength, is the key factor driving the global market. These tapes serve as a light-weight alternative to mechanical fasteners such as bolts and screws, while enhancing the aesthetic appeal of a product and covering any visible joints and attachments. Furthermore, owing to their shock and water-resistant properties, they are widely utilized in the manufacturing of electrical equipment. Furthermore, government policies are encouraging the production of zero-residue, eco-friendly and bio-degradable tapes with the aim to reduce carbon emissions. Additionally, manufacturers are increasingly opting for industrial tapes made with materials such as natural rubber and acrylic which are less harmful to the environment, thus further accelerating the market growth.
Key Market Segmentation: the analyst provides an analysis of the key trends in each sub-segment of the global industrial tapes market report, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, tape backing material, application, end-user and mode of application.
Breakup by Product Type: Filament Tapes Aluminum Tapes Duct Tapes Adhesive Transfer Tapes Others
Breakup by Tape Backing Material: Polypropylene Paper Polyvinyl Chloride Others
Breakup by Application: Packaging Application Masking/Protective Application Electrical and Electronic Application Specialized Application Others
Breakup by End-User: Manufacturing Industry Automotive Industry Construction Industry Logistics Industry Electrical Industry Others
Breakup by Mode of Application: Pressure Sensitive Application Solvent Based Application Hot Melt-Based Application Acrylic Based Application
Breakup by Region: Asia Pacific North America Europe Middle East and Africa Latin America
Competitive Landscape: The report has also analysed the competitive landscape of the market with some of the key players being Avery Dennison Corporation, H.B Fuller Company, Henkel AG & Company KGaA, Ashland Inc., Sika AG, Saint Gobain SA, Eastman Chemical Company, The DOW Chemical Company, VON Roll Holding AG, The 3M Company, etc.
Key Questions Answered in This Report: How has the global industrial tapes market performed so far and how will it perform in the coming years? What are the key regional markets in the global industrial tapes industry? What has been the impact of COVID-19 on the global industrial tapes industry? What is the breakup of the market based on the product type? What is the breakup of the market based on the tape backing material? What is the breakup of the market based on the application? What is the breakup of the market based on the end-user? What is the breakup of the market based on the mode of application? What are the various stages in the value chain of the global industrial tapes industry? What are the key driving factors and challenges in the global industrial tapes industry? What is the structure of the global industrial tapes industry and who are the key players? What is the degree of competition in the global industrial tapes industry? What are the profit margins in the global industrial tapes industry?
Our reports have been used by over 10K customers, including:
Adhesives and Sealants Market by Product Type (Adhesive and Sealant) and Application (Paper Board & Packaging, Building & Construction, Woodworking & Joinery, Transportation, Footwear & Leather, Medical, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030 The global adhesives and sealants...
Encycle Corporation - Tech Innovator Profile Summary Encycle Corporation (Encycle) formerly REGEN Energy Inc. designs, produces, and sells wireless energy management solutions. Scope The report provides information and insights into Encycle Corporation’s, including...
140 pages •
By Infiniti Research Limited
• Sep 2019
Global Pre-engineered Buildings Market: About this market This pre-engineered buildings market analysis considers sales from industrial, commercial, infrastructure, and residential end-users. Our analysis also considers the sales of pre-engineered buildings in APAC, Europe, North America, South America, and MEA. In...
Global Plastic Additive Market By Type (Plasticizers, Flame Retardants, Impact Modifiers, Stabilizers, Lubricants, Blowing Agents and Others), By Function, By Plastic, By End Use Industry, By Region, Competition Forecast & Opportunities, 2013 - 2023 According to ’Global Plastic Additive Market By Type, By Function,...
The 2019 Global: Iron Or Steel Doors, Thresholds For Doors, Windows And Their Frames Products-Manufacturing Forecast (2025) report analyzies the market size, projected growth/decline and regional data for the period 2014 through 2025. Perry/Hope Partners’ reports provide the most accurate industry forecasts based on our proprietary...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.