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 2022-2028Global 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.
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
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
Companies Mentioned
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