The Waterproof Tapes Market was worth US$ 10.6 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% over the forecast period to become US$ 14 billion by 2023. Strips are small pieces of plastic coated with an adhesive used to repair a break or close a gap temporarily. They can be of many different types, such as insulators, medical, fixed or reflective, depending on the intended application.