Global Insulating Tape Market Growth 2023-2029

Global Insulating Tape Market Growth 2023-2029

Insulating tape (or Electrical tape) is a type of pressure-sensitive tape used to insulate electrical wires and other material 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. PVC electrical insulation tape is the main insulating tape, which accounts for more than 90% and other varieties of Insulating tape is PET etc.

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

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

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

The global Insulating Tape market size is projected to grow from US$ 2591 million in 2022 to US$ 2907.4 million in 2029; it is expected to grow at a CAGR of 2907.4 from 2023 to 2029.

The key Insulating Tape manufacturers are 3M, Achem, Nitto, Tesa, Teraoka, Scapa, Denka, Yongle Tape, Shushi Group, Ningbo Sincere, Plymouth Yongle Tape, Yiwu Topban, Shanghai Yongguan, Shenzhen Cotran, JZT, Tianjin Shuang’an, Haijia Tape etc. Top 3 companies occupied about 23% market share.

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

Market Segmentation:

Segmentation by type

Insulation Black Tape

PVC Electrical Tape Flame Retardant

High-Pressure Self-adhesive Tape

Segmentation by application

Electrical Industry

Electronic Devices

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

Achem

Nitto

Tesa

Teraoka

Scapa

Denka

Yongle Tape

Shushi Group

Ningbo Sincere

Plymouth Yongle Tape

Yiwu Topban

Shanghai Yongguan

Shenzhen Cotran

JZT

Tianjin Shuang’an

Haijia Tape

Key Questions Addressed in this Report

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

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

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

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

How does Insulating 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.