Report Ocean has just released an all-encompassing market research report delving deep into the Waterproof Tapes Market industry. This report furnishes readers with invaluable insights into both present and future industry trends, equipping them with the means to discern the factors driving revenue growth and profitability. It meticulously scrutinizes the critical factors that impact both the global and regional markets, encompassing drivers, limitations, risks, challenges, opportunities, and trends specific to the industry. Additionally, the report underscores global certainties, undertakes comprehensive analysis of key players from upstream to downstream, and presents market forecasts, SWOT & PESTEL analysis, market scenarios, and feasibility studies.
Waterproof Tapes Market is valued at approximately USD $$billion in 2021 and is anticipated to grow with a healthy growth rate of more than $$% over the forecast period 2022-2029. Waterproofing tapes are a complementary waterproofing material that helps in boosting the structural strength of buildings. Waterproofing tapes are manufactured from the usage of bitumen or butyl which offers waterproofing properties due to the chemicals in their structure.
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The surging demand from electrical & electronics, thriving growth of the building & construction industries, and increasing sales through e-commerce platforms gaining rapid momentum are prominent factors that are driving the market demand across the globe.
According to a Statista analysis, investment in the construction industry is increasing annually; in 2017, global construction spending was USD 10.9 trillion, and by 2030, it is projected to reach USD 12.5 trillion. Therefore, the growth of the construction industry is propelling the demand for Waterproof Tapes, which, in turn, propels the market growth. Additionally, the growth of the healthcare industry in emerging economies as well as a strategic partnership and inorganic approach by the leading market players are offering lucrative opportunities for market growth over the forecasting years. However, low product differentiation and fluctuations in raw material prices stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Waterproof Tapes Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the space in terms of revenue, owing to the surging demand for waterproof tapes and the presence of leading market players. Whereas, the Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising inclination disposable income, as well as the growth of the emerging economies.
Major market players included in this report are:
3M
Nitto Denko Corporation
Tesa SE
Johnson & Johnson
Henkel AG & CO. KGAA
Medline Industries, Lp
Furukawa Electric Co., Ltd.
Avery Dennison Corporation
Scapa Group Plc
Teraoka Seisakusho Co., Ltd
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Recent Developments in the Market:
In June 2022, tesa, the international manufacturer of innovative adhesive tapes and self-adhesive system solutions, is launching an assortment of flame-retardant adhesive tapes. The new tape tesa flameXtinct, which is already used successfully in the construction industry, is now also employed in the transport industry and in passenger transport. The special features: In the event of a fire, these new adhesive tapes self-extinguish after a short time, and they are completely halogen-free.
Global Waterproof Tapes Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Resin Type, Substrate Type, End-Use Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Resin Type:
Acrylic
Butyl
Silicone
Others
By Substrate Type:
Plastic
Metal
Rubber
Others
By End-Use Industry:
Electrical & Electronics
Automotive
Building & Construction
Healthcare
Packaging
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Contents:
- Executive Summary
- Introduction
- Methodology
- Market Overview
- Market Analysis
- Market Size and Forecast
- Market Trends
- Market Dynamics
- Market Segmentation
- Competitive Landscape
- Competitive Scenario
- Key Players
- Regional Analysis
- Regional Market Overview
- Market Size and Forecast by Region
- Product/Service Analysis
- Product/Service Overview
- Market Size and Forecast by Product/Service
- End-User Analysis
- End-User Overview
- Market Size and Forecast by End-User
- Industry Structure
- Key Findings and Recommendations
- Conclusion
Compelling Reasons to Invest:
Market Segmentation and Value Insights:
- The report offers a comprehensive market segmentation, providing market value data for each segment and sub-segment examined. This deepens your understanding of market dynamics and opportunities within specific market segments.
Focus on Rapid Growth and Dominant Regions:
- This study pinpoints regions and market segments poised for swift growth and those holding a substantial market share. This strategic insight aids businesses in targeting high-growth areas for investment.
Geographical Market Analysis:
- Emphasizing product or service consumption across different geographic areas, the report identifies region-specific variables that influence the market. It offers valuable insights into regional market dynamics.
Competitive Landscape:
- The report includes market rankings of major players, highlighting recent partnerships, product/service launches, business expansions, and acquisitions by profiled companies. This data facilitates a comprehensive understanding of the competitive landscape and industry trends.
Comprehensive Company Profiles:
- Detailed profiles are provided for top market players, encompassing business overviews, company insights, product benchmarking, and SWOT analysis. This aids in gaining a holistic perspective on key market players.
Market Outlook and Growth Prospects:
- The report presents the current market outlook and future growth prospects, considering recent changes and developments. It identifies growth opportunities, drivers, obstacles, and restrictions in both developing and emerging regions.
Market Analysis Using Porter’s Five Forces and Value Chain:
- The market report offers a multifaceted market analysis, utilizing Porter’s five forces to assess industry competitiveness and providing insights into the market using the Value Chain approach.
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