Global Waterproofing Tapes Market, By Adhesive (Silicone, Acrylic, Butyl), By Substrate (Rubber, Pla

Published Date: | Report Code : MT1919063

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Rising demand in developing countries is expected to drive the growth of the waterproofing tapes market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities. Waterproof tapes are thin layered films applied to steel, concrete, and different materials to feature or increase specific properties, such as water resistance, durability, and conduction.

Segment Analysis:

Based on adhesive, the silicone segment is expected to lead the waterproofing tapes market during the forecast period, as their demand in various applications is on the rise due to low shrinkage value and excellent chemical resistance.

The metals substrate segment is projected to lead the waterproofing tapes market. Waterproof tapes are used to bond a wide range of metals and metal alloys in various end-use industries. The waterproofing tapes market is expected to grow in the Asia Pacific region during the forecast period.

Key Factors Impacting Market Growth:

  • Rising demand in developing countries
  • Manufacturers undertaking R&D to develop sustainable adhesives and overcome the limitations of traditional fastening methods
  • Stringent environmental laws in North America and Europe may restrain the growth of the market 

Regional Analysis:

The waterproofing tapes market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe are major regions for waterproofing tapes market owing to diversified demand from end-use industries and competitive scenarios. Some of the major end-use industries in these regions include building & construction, automotive, healthcare, packaging, and others. These markets have been dynamic in terms of new product developments and related activities. Hence, some of the emerging sub-segments in this market promise high potential in this region. Major countries for waterproofing tapes market in these regions include the US, Germany, France, UK, Canada, Italy, and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors influencing the market dynamics in these regions.

Developing regions including Asia Pacific, South America, and Africa have witnessed key developments in terms of organic and inorganic growth strategies. Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. China, India, Brazil, South Africa, South Korea, Japan, and others have been some of the key economies in the region. Electrical & electronics, building & construction, automotive, healthcare, packaging are some of the major industries in the region with strong potential for waterproofing tapes market. Middle East promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of the key markets with demand from electrical & electronics, building & construction, automotive, healthcare, packaging.

Companies Covered: 3M Company, Avery Dennison, Nitto Denko, Henkel, Tesa, and Scapa Group…

Market Segmentation:

By Adhesive:

  • Silicone
  • Acrylic
  • Butyl

By Substrate:

  • Rubber
  • Plastics
  • Metals 

By End-Use Industry:

  • Electrical & electronics
  • Building & Construction
  • Automotive
  • Healthcare
  • Packaging
  • Others

By Region:

  • North America
    • By Country (US)
    • By Adhesive
    • By Substrate
    • By End-Use Industry
  • Western Europe
    • By Country (Germany, UK, France, Rest of Western Europe)
    • By Adhesive
    • By Substrate
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Adhesive
    • By Substrate
    • By End-Use Industry
  • Rest of the World
    • By Region (South America, Middle East, Africa)
    • By Adhesive
    • By Substrate
    • By End-Use Industry

Reasons To Buy This Report:

  • Market size estimation of the waterproofing tapes market on regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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