What is Global Industrial Tape Market?
The Global Industrial Tape Market is a vast and dynamic sector that encompasses a wide range of products used across various industries. Industrial tapes are adhesive tapes designed for industrial or professional use. They are used for binding, sealing, mounting, lamination, and other industrial applications. These tapes are made from a variety of materials, including but not limited to, paper, plastic, metal, and fabric, and can be coated with different types of adhesives based on the specific requirements of their usage. The global market for these tapes is continually evolving, driven by the increasing demand from different industries such as automotive, construction, packaging, electrical and electronics, among others.
Non-Adhesive Industrial Tape, Single-Sided Adhesive Tapes, Double-Sided Adhesive Tape, Transfer Tape, Others in the Global Industrial Tape Market:
The Global Industrial Tape Market is segmented into Non-Adhesive Industrial Tape, Single-Sided Adhesive Tapes, Double-Sided Adhesive Tape, Transfer Tape, and Others. Non-Adhesive Industrial Tapes are used in applications where a temporary hold is needed, and no residue can be left behind. Single-Sided Adhesive Tapes are used for sealing cartons, bundling items, and general repairs. Double-Sided Adhesive Tapes are used for bonding two surfaces together, often in a way not visible in the end product. Transfer Tapes are used for graphic applications, nameplates, and other lightweight bonding applications. The "Others" category includes a variety of specialized tapes designed for specific industrial applications.
Automotive, Building and Construction, Packing, Electrical and Electronics, Others in the Global Industrial Tape Market:
The usage of industrial tapes is widespread across various sectors. In the automotive industry, these tapes are used for wire harnessing, surface protection, and bonding applications. In the building and construction sector, they are used for sealing, bonding, and insulation purposes. The packing industry uses these tapes for carton sealing, pallet unitizing, and bundling. In the electrical and electronics sector, industrial tapes are used for insulation, wire harnessing, and shielding applications. The "Others" category includes a variety of other industries such as aerospace, medical, and more.
Global Industrial Tape Market Outlook:
The Global Industrial Tape Market is projected to experience significant growth in the coming years. In 2022, the market was valued at US$ 63700 million. It is expected to reach US$ 89390 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.9% from 2023 to 2029. The market is dominated by five key players - 3M, Nitto, Avery Dennison Corporation, Tesa (Beiersdorf AG), and Lintec, who collectively hold about 22% of the market shares.
| Report Metric | Details |
| Report Name | Industrial Tape Market |
| Accounted market size in 2022 | US$ 63700 in million |
| Forecasted market size in 2029 | US$ 89390 million |
| CAGR | 4.9% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | 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 |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
