Industrial Tape Market Industry Growth Factors, Drivers, Competitive Landscape, Dynamics & Forecast 2027
This professional and specialized report study examines the technical and business perspective of the global industrial tape industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the global industrial tape market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall global industrial tape market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Billion Square Meter) and value (USD Billion) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.
We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the global industrial tape market in our study.
Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the global industrial tape market. It also encompasses PESTLE analysis and SWOT analysis.
According to market research, the global industrial tape market in 2019 is over USD 51 Billion and is expected to reach around USD 77 Billion by 2026. The anticipated CAGR for the global industrial tape market is above 6% from 2020 to 2026.
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The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the global industrial tape market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the global industrial tape market.
The research study provides a critical assessment of the global industrial tape industry by logically segmenting the market based on type, backing material, sales channel, application, end-user, and region. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the global industrial tape industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Industrial tapes are widely used in the number of industrial sectors. Therefore, rapidly surging industrialization, which includes the establishment of industrial, automotive, construction, and manufacturing sectorsin different regions across the globe, synchronously fuels the demand for industrial tapes, thereby pushing the global market.
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The “filament tape” category under type segment dominates the global industrial tape market by holding almost two-third revenue share. Moreover, the category would sustain the leading position for the upcoming several years, as the category’s anticipated CAGR is highest throughout the forecasted period.
The global industrial tape market is segmented based on type, backing material, sales channel, application, end-user, and region. By type, the global market is segmented into filament tapes, aluminum tapes, and others. By backing material, the market is bifurcated into polypropylene, fabrics, paper, medical grade cloth, polyimide, fiberglass, polyvinyl chloride, glass cloth, PTFE, polyester, and others. Based on the sales channel, the global market is classified into retail, distributor, and online. The end-user segment of the global industrial tape market is sectored into construction, electrical & electronics, manufacturing, automotive, aerospace, and others. Application-wise, the global market is fragmented into masking/ protective application, specialized application, electrical and electronic application, packaging application, and others.
Some of the essential players operating in the global industrial tape market, but not restricted to include Saint-Gobain SA, Avery Dennison Corporation, Lintec, Von Roll Holding AG, 3M, H.B Fuller, Henkel AG & Company KGaA, Nitto Denka, Ashland Inc., Eastman Chemical Company, Tesa, The Dow Chemical Company, and Sika AG.
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The global industrial tape market is segmented as:
Global Industrial Tape Market: Type Segmentation Analysis
- Filament Tapes
- Aluminum Tapes
- Others
Global Industrial Tape Market: Backing Material Segmentation Analysis
- Polypropylene
- Fabrics
- Paper
- Medical Grade Cloth
- Polyimide
- Fiberglass
- Polyvinyl chloride
- Glass Cloth
- PTFE
- Polyester
- Others
Global Industrial Tape Market: Sales Channel Segmentation Analysis
- Retail
- Distributor
- Online
Global Industrial Tape Market: Application Segmentation Analysis
- Masking/ protective application
- Specialized application
- Electrical and electronic application
- Packaging application
- Others
Global Industrial Tape Market: End-User Segmentation Analysis
- Construction
- Electrical & Electronics
- Manufacturing
- Automotive
- Aerospace
- Others
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