Global Pipe Marking Tape Market Size study, by Type (Plastic Tape, Paper Tape, Foam Tape, Others), by Application (Pipe Line, Drain Valve, Flange Joint, Others) and Regional Forecasts 2022-2028
Global Pipe Marking Tape Market is valued at approximately USD 2.67 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 9.8 % over the forecast period 2022-2028. Pipe marking tape is used to mark the pipes for varying utility. It is constructed of high-quality raw materials such as paper, plastic, foam, and other remarkable materials that assist in the usage and are available in a variety of pipework-specific colors for recognition. Its widespread use in a variety of industries has boosted pipe marking tape sales. Rising color-coding trends in Pipe Marking Tape, establishment of new projects by major players, and technological advancements have driven the adoption of Pipe Marking Tapes across the projected period. For Instance: Windmill Tapes & Labels Ltd, on the occasion of its 40 years of completion in the pipe marking tape market celebrated its success by launching a new line of printed and paper tapes, including Vinyl Tapes, trash sacks, gum paper tapes, and more. Also, rising demand and expansion of end-user industry and presence of high growth economies are most likely to boost the overall growth of the Pipe Marking Tape market. However, non-biodegradable nature of Pipe Marking Tape and rising restrictions on the usage of plastics can obstruct the market's expansion over the projection period of 2021-2027.
The key regions considered for the global Pipe Marking Tape market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Rising sales of Pipe Marking Tape and expansion of industrial sector are driving the market growth in North America. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. The market is expected to grow during the projected period, due to the presence of high growth and emerging economies.
Major market players included in this report are:
Marking Services
Can-Do National Tape
Brady Worldwide
3M Company
Industrial Adhesive Solutions
Windmill Tapes & Labels
Symbio, Inc.
Limpet Tapes
ITO YOGYO
Florida Marking Products
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 Type:
Plastic Tape
Paper Tape
Foam Tape
Others
By Application:
Pipe Line
Drain Valve
Flange Joint
Others
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 Pipe Marking Tape 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
Marking Services
Can-Do National Tape
Brady Worldwide
3M Company
Industrial Adhesive Solutions
Windmill Tapes & Labels
Symbio, Inc.
Limpet Tapes
ITO YOGYO
Florida Marking Products
Please note:The single user license is non-downloadable and non-printable. Global Site license will allow these actions.
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