Global Construction Tape Market is expected to reach US$ XX Bn by 2026 from US$ XX Bn in 2019 at a CAGR of 5 % during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Construction Tape Definition:
Construction Tapes are a type of adhesive used to join or attach two or more parts. Construction tapes include masking, paint masking, duct, double-sided, and others, which are considered economical, convenient to use, and proficient solutions for indoor and outdoor construction applications.
Global Construction Tape Market Dynamics:
Construction tapes are an ideal solution for construction activities such as renovation, furniture, door, window, and decorative painting for residential, commercial, and industrial applications. Construction tapes are available with convenient and affordable pricing either single-sided or double-sided attracting the leading and small-scale construction industry players, acting as a driver for the growth of the Global Construction Tape Market.
Construction tapes are used for high performance and temperature applications in the construction sector and can work in high temperature providing good performance and durability over different environmental conditions. High-temperature adhesive tapes are consistently used in the construction industry for several critical applications where high performance is required.
High-temperature construction tapes stick with most of the surfaces and can withstand over a longer duration in high temperatures. Increasing demand for construction tapes in the construction industry has created the opportunity for tape manufacturers of the Global Construction Tape Market.
Construction tapes are suitable for use in both indoor and outdoor applications and can be used on paper, glass, wood, metal, plastic, and other applications. They are also used for light and heavy-duty applications, which is expected to boost the growth of the Global Construction Tape Market.
Manufacturers of construction tapes are investing more in R&D to bring innovation in the construction tapes. Construction tapes help in improving productivity levels, which is also a driving factor for the growth of the Global Construction Tape Market.
Global Construction Tape Market Segment Analysis:
The report groups the Global Construction Tape Market in different segments by type, material, application, end use and region to forecast the revenues and analyze the market share of each segment over the forecast period.
Global Construction Tape Market
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Based on Material, Global Construction Tape Market is segmented into Polyvinyl Chloride, Polyethylene Terephthalate, Polypropylene, Polyethylene, Foil, Paper, Foam, and Others
the Paper segment was dominant in 2019 and is expected to command a market share of xx% by 2026. Paper tapes are also called micropore tapes because of pores in the backing material, which are available with kraft, crape, or any kind of recyclable paper coated with adhesive for better-quality usage to the customer.
Paper construction tapes are made from crape paper and rubber adhesive coating and are eco-friendly and available in a wide range of colors. Paper tapes have various properties like good holding power, heat insulation, and temperature resistance, which have increased their demand. Paper tapes are relatively thin, flexible, and smooth making them suitable for automobiles, aircraft manufacturing, appliance manufacturing, heating, ventilation & air conditioning (HVAC) and paper printing, and various other applications. Paper tapes differ widely from other tapes because they are environment friendly and of the best quality.
Based on Type, Global Construction Tape Market is segmented into Double Sided Tapes, Masking Tapes, Duct Tapes, and Other Tapes. The Duct Tapes segment was dominant in 2019 and is expected to command a market share of xx% by 2026. Duct tapes are used on a large scale in the construction industry mostly for emergency leakage repairing.
Based on Application, Global Construction Tape Market is segmented into Flooring, Walls & Ceiling, Windows, Doors, Roofing, Building Envelope, Electrical, HVAC, Plumbing, and Other.
Global Construction Tape Market Regional Insights:
Global Construction Tape MarketAsia Pacific is expected to command the largest market share of xx% by 2026
In developing economies of APAC, like India and China the urbanization, industrialization, and modernization have increased the investment in R&D and advancements in construction, electrical & electronics, healthcare, and automotive industries in the region. High demand from china because of the presence of heavy industries and consumer product manufacturing sectors in the region the demand for construction tapes is also more. The Socio-economic expansion in the region and availability of low-cost raw materials and cheap labor for the manufacturing of tapes has contributed to the increased production of construction tapes in the region.
The objective of the report is to present a comprehensive analysis of the Global Construction Tape Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Construction Tape Market dynamics, structure by analyzing the market segments and projects the Global Construction Tape Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Construction Tape Market make the report investor’s guide.
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Global Construction Tape Market
Global Construction Tape Market Key Players
• 3M Company • tesa SE Group • Shurtape Technologies, LLC • Scapa Group plc • Nitto Denko Corporation • Pro Tapes & Specialties, Inc • MBK Tape Solutions • Saint-Gobain Performance Plastic Corporation • Berry Global Inc • Intertape Polymer Group, etc. • Lintec Corporation • Avery Dennison Corporation • Lohmann GmbH • Scapa Group PLC • Rogers Corporation • RENGO PACKAGING INC. • RAJAPACK Ltd • SAN DIEGO PAPER BOX COMPANY • Spartan Paperboard • The Box Co-Op • Roberts PolyPro, Inc.
• Actionpakinc