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According to our LPI (LP Information) latest study, the global Industrial Tape market size was valued at US$ 62310 million in 2023. With growing demand in downstream market, the Industrial Tape is forecast to a readjusted size of US$ 88170 million by 2030 with a CAGR of 5.1% during review period.
The research report highlights the growth potential of the global Industrial Tape market. Industrial Tape are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Industrial Tape. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Industrial Tape market.
Industrial tapes are used for binding purpose in various industrial operations. Industrial tapes offer high level of adhesive strength compared to normal tapes which are used in everyday life. Heavy materials and spare parts cannot be attached using normal tapes as these materials require high level of adhesive bonding. Industrial tapes are used for attaching various components such as cushions, foams and lighting fixtures. Bonding operations such as concrete bonding, glass bonding and floor bonding are carried out using industrial tapes. Also, industrial tapes are finding increasing adoption in operations such as vehicle assembly, electronic components assembly, heating ventilation air conditioning (HVAC) operations, insulation and packaging. Industrial tapes are increasingly used for permanent or temporary assembly and fabrication of products and components. Further, industrial tapes are water resistant and shock resistant for specific operations such as electrical equipment manufacturing. Industrial tapes can be used in harsh conditions such as extremely high and cold temperatures, ultraviolet light and solvents.
Industrial tapes include both adhesive tapes, non-adhesive tapes and special purpose tapes. Adhesive tapes are used for joining materials. Non-adhesive tapes and special purpose tapes are used in a variety of specific applications such as thread sealing, electrical insulation, electronic die or device carrying (TAB), EMI/RFI shielding, static discharge control, x-ray shielding or x-ray photo marking, part identification, label or display protection, sealing, seaming, welding, floor marking/directions, heat sinks, thermal protection, bundling cables or products, non-skid/antislip, slide/glide/friction reduction, and more.
3M, Nitto, Avery Dennison Corporation, Tesa (Beiersdorf AG) and Lintec are the top 5 players of Industrial Tape, with about 22% market shares.
Key Features:
The report on Industrial Tape market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Industrial Tape market. It may include historical data, market Segmentation by Type (e.g., Non-Adhesive Industrial Tape, Single-Sided Adhesive Tapes), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Industrial Tape market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Industrial Tape market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Industrial Tape industry. This include advancements in Industrial Tape technology, Industrial Tape new entrants, Industrial Tape new investment, and other innovations that are shaping the future of Industrial Tape.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Industrial Tape market. It includes factors influencing customer ' purchasing decisions, preferences for Industrial Tape product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Industrial Tape market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Industrial Tape market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Industrial Tape market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Industrial Tape industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Industrial Tape market.
Market Segmentation:
Industrial Tape market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
- Non-Adhesive Industrial Tape
- Single-Sided Adhesive Tapes
- Double-Sided Adhesive Tape
- Transfer Tape
- Others
Segmentation by application
- Automotive
- Building and Construction
- Packing
- Electrical and Electronics
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- 3M
- Nitto
- Avery Dennison Corporation
- Tesa (Beiersdorf AG)
- Lintec
- Berry Plastics
- Intertape Polymer Group
- Saint Gobin
- Henkel
- Tremco illbruck(Adhere Industrial Tapes)
- Scapa
- Shurtape Technologies
- Achem (YC Group)
- Luxking Group
- ORAFOL Europe GmbH
Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Tape market?
What factors are driving Industrial Tape market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Tape market opportunities vary by end market size?
How does Industrial Tape break out type, application?