Market Analysis and Insights: Global Duct Tapes Market
Duct tapes market will reach an estimated valuation of USD 6.3 billion by 2027, while registering this growth at a rate of 5.90% for the forecast period of 2020 to 2027.Increasing usage of duct tapes for DIY activities in household is expected to create new opportunity for the market.
Increasing usage of duct tapes instead of glue and mastic fluids is expected to enhancemarket growth. Some of the other factors such as increasing use for repairing & strapping purposes, rising application in the hotel industry, growing demand for vinyl &polyethylene, rising disposable income and increasing industrialization is expected to enhance the duct tapes market in the forecast period of 2020 to 2027.
Availability of alternatives in the market is expected to hamper the market growth in the mentioned forecast period.
This duct tapes market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research duct tapes market contact us for an Analyst Brief,our team will help you take an informed market decision to achieve market growth.
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Duct Tapes Market Country Level Analysis
Duct tapes market is analysed and market size, volume information is provided by country product, adhesives, backing, application, thickness and end-user industries as referenced above.
The countries covered in the duct tapes market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the duct tapes market in forecast period of 2020 to 2027 due to increasing building & construction activities and rapid industrialization is expected to enhance market growth in the region.
The country section of the duct tapes market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Global Duct Tapes Market, By Product (Removable Duct Tapes, Professional Grade Duct Tapes, Utility Duct Tapes, Specialized High Strength Duct Tapes), Adhesive (Natural Rubber based Adhesives, Synthetic Rubber based Adhesives), Backing (Plastic, Foil, Cloth), Application (Sealing, Repairing, Holding, Waterproofing, Coding, Strapping, Splicing, Others), Thickness (<10 Mil, 10 to 15 mil, >15 mil), End-User Industries (HVAC, Building & Construction, Shipping & Logistics, Automotive, Electrical & Electronics, DIY Activities), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel,Rest of Middle East and Africa), Industry Trends and Forecast to 2027
Global Duct Tapes Market Scope and Market Size
Duct tapes market is segmented of the basis of product, adhesives, backing, application, thickness and end-user industries. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the based on product, the duct tapes market is segmented into removable duct tapes, professional grade duct tapes, utility duct tapes and specialized high strength duct tapes.
- Based on adhesive, the duct tapes market is divided into Natural Rubber based adhesives and synthetic rubber based adhesives.
- Backing segment of the duct tapes market is segmented into plastic, foil and cloth.
- The application segment of the duct tapes market is bifurcated into sealing, repairing, holding, waterproofing, coding, strapping, splicing and others.
- Thickness segment of the duct tapes market segmented into <10 Mil, 10 to 15 mil and >15 mil.
- End-user industriessegment of the duct tapes market is bifurcated into HVAC, building & construction, shipping & logistics, automotive, electrical & electronics and DIY activities.
Competitive Landscape and Duct Tapes Market Share Analysis
Duct tapes market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to duct tapes market.
The major players covered in the duct tapes market report are 3M, Lixin Adhesive Technology (Shanghai) Co., Ltd., PPM Industries SpA., Beijing Yanuo Adhesive Products Co.,Ltd, ABLE123, Pro Tapes & Specialties, Inc, Infinity Tapes., Western Container Corporation, Scapa Group plc, Ajit Industries Pvt. Ltd., Ritu Raj, ADH TAPE, Advance Tapes International, globetape, CS Hyde Company, International Plastics Inc., MBK Tape Solutions, NADCO Tapes & Labels, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Customization Available: Global Duct Tapes Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies.We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
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