Industrial Tape Market Size, Business Revenue, Future Scope, Market Trends, Key Players And Forecast To 2023
Key Players
Some of the key players in the global Industrial Tape Market Size, are The Dow Chemical Company (U.S.), Saint Gobain SA (France), 3M Company (U.S.), Henkel AG & Company, KGaA (Germany), Eastman Chemical Company (U.S.), Avery Dennison Corporation (U.S.), Ashland Inc. (U.S.), Sika AG (Switzerland), Pro Tapes & Specialties, Inc. (U.S.), Von Roll Holding AG (Switzerland), Scapa Group plc (U.K), Shurtape Technologies, LLC (U.S.), Sicad Group (Italy), and Advance Tapes International Ltd. (U.K)
Global Industrial Tape Market Size, - Competitive Analysis
Mactac Industrial Tapes has launched CleanTape, a new solvent-free, low-VOC line of industrial tapes. According to the sources the company claims that with CleanBond and CleanFilm, customers know they will get the exceptional quality and versatility they have come to expect from Mactac
Global Industrial Tape Market Size, - Segments
Global Industrial Tape Market Size, is segmented in to 5 Key dynamics for an easy grasp and enhanced understanding.
Segmentation By Product Type: Comprises – Duct Tapes, Filament Tapes, Aluminum Tapes, Adhesive Transfer Tapes & Other
Segmentation By Backing Material: Comprises - Paper, Polypropylene, Polyvinyl Chloride & Others
Segmentation By End-user: Comprises – Electrical, Construction, Logistic, Automotive and others
Segmentation By Application: Comprises – Electrical And Electronic, Packaging, Masking, and Others
Segmentation By Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Global Industrial Tape Market Size, - Regional Analysis
The Asia-Pacific region dominated the global Industrial Tape Market Size, in 2016. It is also expected to be the fastest growing region for the Industrial Tape. Increase in industrialization, rising urbanized population, and growth in spending capacity are the factors driving the growth of the market in Asia-Pacific region.
China is one of the leading markets in the Asia-Pacific region. Growth in automotive, construction and aerospace sector is expected to fuel the demand of such tapes. Moreover, the country has witnessed increased investment in the technology which has resulted in various products across the tape line. Furthermore the increased consumption across its construction sector has induced the market growth.
North America has also witnessed steady growth in the market in last many years. The market is expected to show similar growth in coming time. This along with concentration of many companies in the industrial tape industry has led to the growth of the market. The application of such tapes have been seen growing in the private construction market. The private construction sector is seen expanding over the commercial construction in the U.S. This drives the growth in the North America.
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