Global Electrical Tape Market Growth 2023-2029
Electrical tape (or insulating tape) is a type of pressure-sensitive tape used to insulate electrical wires and other materials that conduct electricity. It can be made of many plastics, but vinyl is most popular, as it stretches well and gives an effective and long lasting insulation. Electrical tape for class H insulation is made of fiberglass cloth.
LPI (LP Information)' newest research report, the “Electrical Tape Industry Forecast” looks at past sales and reviews total world Electrical Tape sales in 2022, providing a comprehensive analysis by region and market sector of projected Electrical Tape sales for 2023 through 2029. With Electrical Tape sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electrical Tape industry.
This Insight Report provides a comprehensive analysis of the global Electrical Tape landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electrical Tape portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electrical Tape market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electrical Tape and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electrical Tape.
The global Electrical Tape market size is projected to grow from US$ 1461.7 million in 2022 to US$ 1711.8 million in 2029; it is expected to grow at a CAGR of 1711.8 from 2023 to 2029.
The electrical and electronics application dominated the Electrical Tape market, account for about 53% market share, closely followed by Auto industry in 2019.
The Electrical Tape market is classified based on type: Cloth Electrical Tape, PVC Electrical Tape, PET Electrical Tape. In 2019, PVC Electrical Tape take up the most market share, about 83%.
This report presents a comprehensive overview, market shares, and growth opportunities of Electrical Tape market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Cloth Electrical Tape
PVC Electrical Tape
PET Electrical Tape
Segmentation by application
Electrical & Electronics
Auto Industry
Aerospace
Communication Industry
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
3M
Achem (YC Group)
Tesa (Beiersdorf AG)
Nitto
IPG
Scapa
Saint Gobin (CHR)
Four Pillars
H-Old
Plymouth
Teraoka
Wurth
Shushi
Avery Dennison Corporation(Yongle)
Yongguan adhesive
Sincere
Denka
Furukawa Electric
Berry Plastics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electrical Tape market?
What factors are driving Electrical Tape market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electrical Tape market opportunities vary by end market size?
How does Electrical Tape break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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