Metal Foil Tapes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Metal Foil Tapes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global metal foil tapes market size reached US$ 2.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2027, exhibiting a growth rate (CAGR) of 5.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Metal foil tapes combine the exceptional qualities of long-lasting adhesive tape with metals like lead, copper, steel, aluminum, and tin plating. They provide performance benefits, such as versatility, malleability, conductivity, easy tear, vapor barrier, excellent conformability, and improved resistance to fire. As a result, they are used in the aerospace and automotive industries worldwide to meet strict standards of heating, ventilation, and air conditioning (HVAC) systems. Presently, several manufacturers have introduced metal foil tapes with an acrylic adhesive coating. These tapes offer more durability, longevity, cohesion, and thermal stability than rubber adhesion. They are considered ideal for being used in buildings, such as house wraps and foil-faced insulation, wherein high-temperature resistance and electrical conductivity are required.

Metal Foil Tapes Market Trends:
The flourishing construction industry on account of rapid urbanization and industrialization, rising global population, and increasing per capita income represents one of the key factors positively influencing the market. Moreover, the growing focus on improving the existing infrastructure of healthcare institutions and schools is contributing to the market growth. Additionally, the implementation of stringent building safety codes to help ensure safe, sustainable, affordable, and resilient structures is boosting the sales of metal foil tapes around the world. Metal foil tapes can sustain temperature fluctuations, exposure to ultraviolet (UV) light and solvents, which impact the efficiency of other tapes. As a result, they are gaining traction in industrial applications to protect packages, electrical capacitors, and insulation. Apart from this, the leading manufacturers are offering high-performance, multi-purpose products in a variety of materials, widths, lengths, and thicknesses. These products have excellent strength and chemical resistance, which is anticipated to expand the application of metal foil tapes.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global metal foil tapes market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on metal type, adhesive type and end user.

Breakup by Metal Type:

Aluminum
Copper
Lead
Others

Breakup by Adhesive Type:

Acrylic
Silicone
Rubber
Others

Breakup by End User:

Automotive and Transportation
Building and Construction
Aerospace and Defense
Electronics
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Advance Tapes International Ltd, CGS Technologies Inc. (Systems Integrators LLC), EIS Fabrico (EIS Inc.), Maxell Holdings Ltd., Jiangyin Bondtape Technology Corporation, Marian Inc., MBK Enterprises Inc., Morgan Industries Limited, Shurtape Technologies LLC (STM Industries Inc.) and The Zippertubing Company.

Key Questions Answered in This Report:
How has the global metal foil tapes market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global metal foil tapes market?
What are the key regional markets?
What is the breakup of the market based on the metal type?
What is the breakup of the market based on the adhesive type?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global metal foil tapes market and who are the key players?
What is the degree of competition in the industry?