The global Waterproof Tapes Market is estimated at USD 9.96 Billion in 2017 and is projected to reach USD 13.95 Billion by 2022, at a CAGR of 6.97% from 2017 to 2022. The demand for waterproof tapes has been increasing in end-use industries, such as building & construction, automotive, electrical & electronics, healthcare, packaging, and others. Several manufacturers of waterproof tapes are undertaking R&D to develop sustainable adhesives and overcome the limitations of traditional fastening methods.
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Browse 111 Market Data Tables and 28 Figures spread through 160 Pages and in-depth TOC on "Waterproof Tapes Market"
Drivers & Opportunities in global industry:
Waterproof tapes generally consist of a flexible carrier or backing material with a layer of permanently tacky adhesive, which at room temperature sticks to most substrates under light pressure. They offer excellent water-resistance, moisture-proof properties, air movement resistance, weather resistance, and anti-aging performance
Waterproof tapes are used in the automotive, electrical & electronics, healthcare, building & construction, and packaging end-use industries in a diverse range of applications, such as first aid, sealing, HVAC duct connections, electrical & electronic wiring & harness protection, and cable wrapping. They are also used to secure water shedders inside doors, affix wiring to vehicle floors, and secure protective canvas & plastic coverings.
Key players in the waterproof tapes market are adopting various organic and inorganic growth strategies to increase their businesses and strengthen their position in the market. New product developments/launches and mergers & acquisitions are the major strategies undertaken by key players to enhance their product portfolio and expand their global presence. These strategies accounted for all the strategic developments that took place in the waterproof tapes market between 2014 and 2017. Top players are also focusing on entering new markets by launching technologically advanced waterproof tapes for varied end-use industries. Some of the leading manufacturers of waterproof tapes include 3M (US), Avery Dennison (US), Nitto Denko (Japan), Henkel (Germany), Tesa (Germany), and Scapa Group (UK).
https://www.prnewswire.com/news-releases/waterproof-tapes-market-worth-1395-billion-usd-by-2022-649546323.html
Avery Dennison (US) is one of the key market players in the waterproof tapes market with an extensive product portfolio in waterproof tapes. In 2017, the company opened a new facility, the Electronics Solutions and Technology Center, in California (US). This new facility will provide engineering solutions and services to Avery Dennison’s electronics industry customers.
Scapa Group (UK). is another key player that has established a strong foothold in the waterproof tapes market, and offers various resin-based waterproof tapes as part of its product portfolio. The company recently acquired EuroMed (US), a medical device manufacturer that specializes in wound care technologies that will provide Scapa Group opportunities for growth in new markets.
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Download PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=260495375
Browse 111 Market Data Tables and 28 Figures spread through 160 Pages and in-depth TOC on "Waterproof Tapes Market"
Drivers & Opportunities in global industry:
- Growing Demand From Electrical & Electronics and Building & Construction Industries
- Superior Properties of Waterproof Tapes
- Growing Healthcare Industry in Emerging Economies
- Government and regional agencies, and research organizations
Waterproof tapes generally consist of a flexible carrier or backing material with a layer of permanently tacky adhesive, which at room temperature sticks to most substrates under light pressure. They offer excellent water-resistance, moisture-proof properties, air movement resistance, weather resistance, and anti-aging performance
Waterproof tapes are used in the automotive, electrical & electronics, healthcare, building & construction, and packaging end-use industries in a diverse range of applications, such as first aid, sealing, HVAC duct connections, electrical & electronic wiring & harness protection, and cable wrapping. They are also used to secure water shedders inside doors, affix wiring to vehicle floors, and secure protective canvas & plastic coverings.
Key players in the waterproof tapes market are adopting various organic and inorganic growth strategies to increase their businesses and strengthen their position in the market. New product developments/launches and mergers & acquisitions are the major strategies undertaken by key players to enhance their product portfolio and expand their global presence. These strategies accounted for all the strategic developments that took place in the waterproof tapes market between 2014 and 2017. Top players are also focusing on entering new markets by launching technologically advanced waterproof tapes for varied end-use industries. Some of the leading manufacturers of waterproof tapes include 3M (US), Avery Dennison (US), Nitto Denko (Japan), Henkel (Germany), Tesa (Germany), and Scapa Group (UK).
https://www.prnewswire.com/news-releases/waterproof-tapes-market-worth-1395-billion-usd-by-2022-649546323.html
Avery Dennison (US) is one of the key market players in the waterproof tapes market with an extensive product portfolio in waterproof tapes. In 2017, the company opened a new facility, the Electronics Solutions and Technology Center, in California (US). This new facility will provide engineering solutions and services to Avery Dennison’s electronics industry customers.
Scapa Group (UK). is another key player that has established a strong foothold in the waterproof tapes market, and offers various resin-based waterproof tapes as part of its product portfolio. The company recently acquired EuroMed (US), a medical device manufacturer that specializes in wound care technologies that will provide Scapa Group opportunities for growth in new markets.
Early buyers will receive 10% free customization on this report.
Don't miss out on business opportunities in Waterproof Tapes Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=260495375
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
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