According to a market report by Lucintel, the future of the global waterproof tape market looks promising with opportunities in the building & construction, automotive, marine, electrical& electronics, healthcare, and packaging markets. The global waterproof tape market is expected to reach an estimated $24.4 billion by 2030 from $24.3 billion in 2024,at a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are growth in construction activities and increasing demand from the automotive industry.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in waterproof tape market to 2030 by material (acrylic, silicone, butyl, plastic, and cloth), type (waterproof reflective tape, drywall tape, nonslip waterproof tape, gaffer tape, and duct tape), end use (building & construction, automotive, marine, electrical & electronics, healthcare, packaging, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, acrylic, silicone, butyl, plastic, and cloth are the major segments of waterproof tape market by material. Lucintel forecasts that silicone will remain the largest segment over the forecast period due to its excellent elasticity, flexibility and water resistant properties.
Within this market, building & construction is expected to witness the highest growth due to growing demand from the construction sectors across the world.
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APAC is expected to witness highest growth over the forecast period due to growing demand from the construction sector.
Avery Dennison, 3M Company, Henkel, Nitto Denko, Scapa Group, Tesa, and Shurtape Technologies are the major suppliers in the waterproof tape market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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