About Industrial Tape
The industrial tapes are widely used for adhesive bonding, thread sealing, packaging, masking, wrapping, electrical insulation, ESD control and for many other particular applications. Industrial tapes consist of both adhesive tapes, non-adhesive tapes and special purpose tapes. Adhesive tapes are used for joining materials and non-adhesive tapes and special purpose tapes are used in a variety of specific applications like thread sealing, electrical insulation, EMI or RFI shielding, static discharge control, x-ray shielding or x-ray photo marking, part identification, label or display protection, sealing and more.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.1% |
Leading companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, investments, new product launches and collaborations as their preferred strategies. Key players are exploring new areas through expansions and acquisitions across the world to avail competitive advantage through combined synergies Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Industrial Tape market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Eastman Chemical Company (United States), Adhesive Applications (United States), Von Roll Holding AG (Switzerland), Avery Dennison (United States), Saint-Gobain SA (France), Henkel AG & Company KGaA (Germany), The Dow Chemical Company (United States), Berry Plastics (United States), Merck Group (Germany) and Sika AG (Switzerland) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Microseal Industries (United States), H.B Fuller (United States), Advanced Flexible Composites (United States) and Ashland Inc (United States).
Segmentation Overview
AMA Research has segmented the market of Global Industrial Tape market by Type (Non-Adhesive Tape, Single-Sided Adhesive Tape, Double-Sided Adhesive Tape and Transfer Tape) and Region.
On the basis of geography, the market of Industrial Tape has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Industrial Tape market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Backing Material, the sub-segment i.e. Paper will boost the Industrial Tape market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Automotive will boost the Industrial Tape market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Innovations and Technological Advancements for Increasing Adhesive Strength
Market Growth Drivers:
Increasing Demand from the Automobile Industry and Increasing Demand for Commodities and Appliances
Challenges:
Intense Competition among Players
Restraints:
Availability of Cheap Quality Substitutes Tape and Governmental and Environmental Regulations
Opportunities:
Potential Growth Offered by Developing Nations
Market Leaders and their expansionary development strategies
In October 2020, Ohio Transmission Corporation, an industrial equipment service provider and distributor headquartered in Columbus, Ohio, announces the acquisition of Tape Industrial Sales, Inc. The Louisville, Ky.- based company specializes in industrial finishing and sealant/adhesive applications.
In october 2023, DuPont introducing DuPont Liveo Soft Skin Conductive Tape 1-3150 – a silicone-based thermoset adhesive for electrical biosignal sensing and transfer. Combining the key benefits of silicone technology with electrically conductive properties, Liveo™ Soft Skin Conductive Tape technology is intended for use as a skin dry electrode in biosignal monitoring applications to enable long-term patient monitoring with stable data quality and high patient comfort.
Key Target Audience
Manufacturers of Industrial Tape, Suppliers of Industrial Tape Materials, Wholesalers, Distributors and Retailers of Industrial Tape, Aerospace Industry, Automotive Industry, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.