Global Industrial Tape Market Research Report

Industrial tapes are widely used for heavy duty applications. These tapes are mainly used for conducting, masking and packaging purposes in automobile, electronics and construction industry. Industrial tapes offer high thermal conductivity and superior insulation properties for which they are increasingly used in electrical fabrications. The global industrial tapes market is worth $XX million in 2014 and is estimated to reach $XX million in 2020.

Industrial tape products like floor marking tapes are used as dividers in industrial houses and filament tapes are used for packaging applications. The growing demand from end user industries and new product developments has contributed to the growth of industrial tapes market. The demand for aesthetic and hygiene packaging in industries will lead to product innovations and support the growth of this market.

One of the important applications of industrial tapes is masking. Masking is a process of applying a protecting tape to prevent the area which doesn’t need to be painted. Masking tapes also prevent metal surfaces or car bodies from dusts and scratches while painting. Paint works for automobile chassis need much precision and quality. While painting two toned color bumpers, dashboards masking tapes are used to prevent seepage of paints to unwanted areas.

The quality of adhesives used in masking tapes determines the durability of these tapes. These adhesives are sensitive to ultraviolet radiations. When masking tapes are removed from paint surfaces, the adhesives used in paper masking tapes are trapped in the surface due to exposure of UV rays.   In order to prevent these tapes from damage, industrial tape manufacturers are offering new tape products which offer high resistance to ultraviolet rays.

Industrial tapes are also used in other bonding, damping and sealing applications across industries like automotive, aerospace and marine. New innovations in adhesives and non-adhesive tape products for the industrial segment have led to increasing applications in engineering and manufacturing sectors.

Asia-Pacific region remains a key region for industrial tape manufacturers accounting for XX% in 2014 followed by Europe and North America. The use of industrial tapes in painting and coating applications has led to its application in the construction industry as well. Industrial masking tapes are also used by boat manufacturers in masking applications and lacquer spraying.

The global industry tapes market report also provides an extensive competitive landscape of the companies operating in this market. It also includes the company profiles of and competitive strategies adopted by various market players, including 3M, SCAPA, Saint Gobain, Shurtape, Sicad Group SPA, SAN PI Tape, Shijiazhuang Jiangrun industry & trade co, Advance Tapes International, Tesa Tape and Others.

Global Industrial tape market is expected to reach $ XX million in 2020. Much of the demand is expected to come from packaging and masking applications. Industrial tapes offer high resistance to temperature and this is used for electronics and electrical component fabrications. In addition to this, these tapes are used in standard packaging applications of automotive, aerospace and medical industry.

The demand for Industrial tapes in Asia-Pacific region was estimated at XX million square meters in 2014, and is expected to reach XX million square meters by 2020, growing at a CAGR of X.X%, for the given period. New opportunities for export and demand for tapes by western countries will help manufacturers in Asia to benefit from trading opportunities. Much of the product developments in the industrial tape market are confined to high end industries in Europe which require much precision and quality. The demand for tapes and adhesives from industrial segments will be higher as compared to commercial applications.

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