Global Water Blocking Tapes Market Size study, By Conductive Type (Conductive, Semi-Conductive, Non-Conductive), By Application (Optical Fiber Cable, Submarine Cable, Power Cable, Communication cable, Others), and Regional Forecasts 2022-2028
Global Water Blocking Tapes Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Water blocking tapes are used to protect telecom, power, communication cable, submarine cable, and fiber optic cables from the damaging and corrosive effects of water penetration and migration. The rising investment in energy infrastructure, growth in cross-continental power and data cables, and increasing initiatives by the leading market players are several factors burgeoning the market demand across the globe. For instance, in December 2019, Nitto Denko Corporation strengthen the company’s business activities across Japan by establishing a new head office along with the current one in Tokyo. The objective of this initiative was to increase the corporate system to enhance the company’s brand value. Likewise, in January 2022, Tesa SE has intend to invest nearly USD 61.5 million in the foundation of the company’s new plant located in the Vietnamese port, Haiphong. Also, the company aimed to expand its manufacturing capacity for the Asia region. Accordingly, the rising number of strategic actions by the companies is exhibiting a positive influence on the growth of the global market. However, the imposition of stringent regulatory policies and fluctuation in the prices of raw materials impede the growth of the market over the forecast period of 2022-2028. Also, the rising proliferation of latency-free telecommunication devices and the growing need for safe power transmission cables are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Water Blocking Tapes Market study include 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 growing energy infrastructure investments, along with increasing availability of raw materials, and cheap labor resources. Whereas, Europe is anticipated to exhibit the highest considerable growth rate over the forecast period 2022-2028. Factors such as the emerging market, as well as growing cross-regional power and data cables, would create lucrative growth prospects for the Water Blocking Tapes Market across the Asia-Pacific region.
Major market players included in this report are:
3M
Nitto Denko Corporation
Tesa SE
Scapa Group Ltd
Intertape Polymer Group
Beery Global Inc.
Nichiban Co., Ltd.
Sika AG
Lifeline Technologies
Star Materials
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 Conductive Type:
Conductive
Semi-Conductive
Non-Conductive
By Application:
Optical Fiber Cable
Submarine Cable
Power Cable
Communication cable
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 Water Blocking 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
3M
Nitto Denko Corporation
Tesa SE
Scapa Group Ltd
Intertape Polymer Group
Beery Global Inc.
Nichiban Co., Ltd.
Sika AG
Lifeline Technologies
Star Materials
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook