Seam Sealing Tapes Market with Global Industry Intelligence, Key Leaders to Reach CAGR of 6.7% – Forecast 2023
According
to the new research [115 Pages] report "Seam Sealing Tapes Market by Type (Single-layered, Multi-layered),
Backing Material (Polyurethane, Polyvinyl chloride), and Region (North America,
Europe, Asia Pacific, Middle East & Africa, South America) - Global
Forecast to 2023", published by MarketsandMarkets™, the Seam Sealing Tapes
Market is expected to grow from USD 205 million in 2018 to USD 283 million by
2023, at a CAGR of 6.7%. Rising demand for sports and outdoor apparel, owing to
growing health awareness among consumers and increasing fitness activities,
drives the demand for Seam Sealing Tapes. Furthermore, the increase in demand
for protective clothes and accessories that require Seam Sealing Tapes is
further boosting its market growth.
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industry insights: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=265983998
Premium Insights of the report:
·
Developing
Economies to Register High Growth in the Demand for Seam Sealing Tapes
·
Seam
Sealing Tapes Market, By Type
·
Seam
Sealing Tapes Market, By Backing Material
·
Asia
Pacific Seam Sealing Tapes Market, By Backing Material and Country
·
Seam
Sealing Tapes Market: Key Countries
The
polyurethane segment is projected to account for the largest share of the Seam
Sealing Tapes market, in terms of value and volume, from 2018 to 2023. This
dominance is attributed to its properties such as high abrasion, impact
resistance, water resistance, and high flexibility. These properties of
polyurethane have led to an increasing preference for polyurethane in adhesives
and membranes of two- and three-layered Seam Sealing Tapes. The polyvinyl
chloride is expected to be the second-largest segment, in terms of value and
volume, from 2018 to 2023, owing to its various properties such as flexibility,
transparency, light, and oxygen & water barrier properties.
The seam sealing tapes market is dominated by major players
such as Bemis Associates (US), Toray Industries (Japan), Himel Corp. (Korea),
Sealon (Korea), Loxy AS (Norway), Gerlinger Industries (Germany), DingZing
(Taiwan), Adhesive Films (US), San Chemicals (Japan), and Essentra (UK). These
players have established brands, a wide product portfolio, and a strong
geographical presence.
Bemis Associate is a leading global manufacturer of
thermoplastic adhesives, films, and coatings. Its wide range of products caters
to a variety of applications across apparel, soft goods, handbags &
wallets, intimate fabrics, and other markets. It has a strong foothold in North
America, Europe, and Asia Pacific; it has warehousing and authorized
distribution networks in Hong Kong,
Vietnam, London, the US, Portugal, Italy, China, and Turkey. The company has a
strong focus on sustainability; for instance, it uses water-based and UV cured
inks for its printed seam sealing tapes; and most of its products contain almost
no VOC.
Toray Industries is a global integrated chemical industry
group that is engaged in the manufacturing, processing, and selling of fibers
& textiles, performance chemicals, and carbon fiber composite materials,
among others. It has a strong global presence, with 157 subsidiaries overseas
and 100 subsidiaries in Japan. It has a rich product portfolio of seam sealing
tapes that are used in outdoor equipment, ski wear, and rainwear.
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Sealing Tapes Market.
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Mr. Shelly Singh
MarketsandMarkets™ INC.
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sales@marketsandmarkets.com
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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