Global Industrial Tape Market Growth 2023-2029

Global Industrial Tape Market Growth 2023-2029

Industrial tapes are used for binding purpose in various industrial operations. Industrial tapes offer high level of adhesive strength compared to normal tapes which are used in everyday life. Heavy materials and spare parts cannot be attached using normal tapes as these materials require high level of adhesive bonding. Industrial tapes are used for attaching various components such as cushions, foams and lighting fixtures. Bonding operations such as concrete bonding, glass bonding and floor bonding are carried out using industrial tapes. Also, industrial tapes are finding increasing adoption in operations such as vehicle assembly, electronic components assembly, heating ventilation air conditioning (HVAC) operations, insulation and packaging. Industrial tapes are increasingly used for permanent or temporary assembly and fabrication of products and components. Further, industrial tapes are water resistant and shock resistant for specific operations such as electrical equipment manufacturing. Industrial tapes can be used in harsh conditions such as extremely high and cold temperatures, ultraviolet light and solvents.

Industrial tapes include both adhesive tapes, non-adhesive tapes and special purpose tapes. Adhesive tapes are used for joining materials. Non-adhesive tapes and special purpose tapes are used in a variety of specific applications such as thread sealing, electrical insulation, electronic die or device carrying (TAB), EMI/RFI shielding, static discharge control, x-ray shielding or x-ray photo marking, part identification, label or display protection, sealing, seaming, welding, floor marking/directions, heat sinks, thermal protection, bundling cables or products, non-skid/antislip, slide/glide/friction reduction, and more.

LPI (LP Information)' newest research report, the “Industrial Tape Industry Forecast” looks at past sales and reviews total world Industrial Tape sales in 2022, providing a comprehensive analysis by region and market sector of projected Industrial Tape sales for 2023 through 2029. With Industrial Tape sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Tape industry.

This Insight Report provides a comprehensive analysis of the global Industrial 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 Industrial Tape portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Industrial Tape market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial 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 Industrial Tape.

The global Industrial Tape market size is projected to grow from US$ 62310 million in 2022 to US$ 88170 million in 2029; it is expected to grow at a CAGR of 88170 from 2023 to 2029.

3M, Nitto, Avery Dennison Corporation, Tesa (Beiersdorf AG) and Lintec are the top 5 players of Industrial Tape, with about 22% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Tape market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Non-Adhesive Industrial Tape

Single-Sided Adhesive Tapes

Double-Sided Adhesive Tape

Transfer Tape

Others

Segmentation by application

Automotive

Building and Construction

Packing

Electrical and Electronics

Others

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

Nitto

Avery Dennison Corporation

Tesa (Beiersdorf AG)

Lintec

Berry Plastics

Intertape Polymer Group

Saint Gobin

Henkel

Tremco illbruck(Adhere Industrial Tapes)

Scapa

Shurtape Technologies

Achem (YC Group)

Luxking Group

ORAFOL Europe GmbH

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Tape market?

What factors are driving Industrial Tape market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Industrial Tape market opportunities vary by end market size?

How does Industrial 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.