Waterproof Tapes Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Waterproof Tapes Market By Resin type (Acrylic, Butyl, Silicone), Substrate type (Plastic, Metal, Rubber and Others), End Use Industry (Electrical & Electronics, Automotive, Building & Construction, Healthcare, Packaging, Others) and Geography

 

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Report

Description

Waterproof Tapes Market is valued at USD 15,541.6 million in 2021 and is poised to grow at a significant CAGR of 6.1% over 2022–2028. Waterproof tapes are the robust adhesive coatings tapes that give pipes and cables weather and moisture resistant qualities. They have a number of advantageous qualities, including being a thick, strong, and flexible tape that conforms to the contour of the material to that it has been attached. Increased supply from the electrical and electronics, manufacturing and construction, and increasing use of waterproof tapes in the packaging and healthcare treatment industries are the main drivers of waterproof taps market growth. Waterproofing tapes help make a building waterproof by adhering tightly to the material that they are applied to. It creates a thorough waterproofing system by being applied at application sites, such as places where water and air may enter, including doors and windows.  Waterproofing is essential for newly constructed properties intended for human occupancy. Increased in the demand of waterproof tapes for several application can drive the market growth. However, high initial setup costs can restraint the market growth.

Key Developments:

In March 2021, Flex Seal launch Flex Tape, an incredibly powerful waterproof tape that can immediately patch, connect, and seal practically anything.

Waterproof Tapes Market

MARKET SUMMARY
-
6.1%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 6.1%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Waterproof Tapes Market

  • The waterproof tapes market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The waterproof tapes market is segmented based on resin type, substrate type, end use industry and geography.
Key Players
  • Avery Dennison
  • 3M Company
  • Henkel, Nitto Denko
  • Scapa Group
  • Tesa
Waterproof Tapes Market Dynamics

India, Indonesia and China are among the growing nations in Asia Pacific which showing significant increase in the electrical and electronics segment. The insulation of motor leads, insulation of electrical conductors, power distribution connections, insulation of high-voltage cables, bus bars, and jacketing on high-voltage end points are all done with waterproof tapes. The electrical and electronics segment will have significant growth in these application areas, which will drive the waterproof tapes market growth


Global Got Significant Share

Waterproof Tapes Market

The global Waterproof Tapes Market is segmented into North America, Europe, Asia Specific, Latin America, and Middle East & Africa. During the projected period, it is anticipated that the North American market will generate the major revenue share. This is mostly due to the region's fast increase of the building and construction sector. As a result, the region's developing construction industries are rising market for waterproof tape, these factors driving the waterproof tape market revenue. Moreover, Asia-specific is also dominating the global waterproof tapes market. Construction and the automotive industries are growing throughout Asia Pacific's developing nations, particularly in India and China. Since the tapes are commonly used in various industries and have several applications, the demand for the waterproof tapes is anticipated to increase throughout the projected period. These factors drive the waterproof tapes market growth in Asia-specific regions.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Waterproof Tapes Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The waterproof tapes market is projected to expand at a CAGR of 6.1% during the forecast period

Avery Dennison, 3M Company, Henkel, Nitto Denko, Scapa Group, Tesa, Asian Paints, Johnson &Johnson, A.B.E. Construction Chemicals, Shanghai Richeng Electronic, Metalnastri, Chowgule Construction Chemicals, Tape Spec.

 

Global is the fastest-growing region for waterproof tapes market


Report

Company Profile

  • Avery Dennison
  • 3M Company
  • Henkel, Nitto Denko
  • Scapa Group
  • Tesa
  • Asian Paints
  • Johnson &Johnson
  • A.B.E. Construction Chemicals
  • Shanghai Richeng Electronic
  • Metalnastri
  • Chowgule Construction Chemicals
  • Tape Spec.

Description

Waterproof Tapes Market is valued at USD 15,541.6 million in 2021 and is poised to grow at a significant CAGR of 6.1% over 2022–2028. Waterproof tapes are the robust adhesive coatings tapes that give pipes and cables weather and moisture resistant qualities. They have a number of advantageous qualities, including being a thick, strong, and flexible tape that conforms to the contour of the material to that it has been attached. Increased supply from the electrical and electronics, manufacturing and construction, and increasing use of waterproof tapes in the packaging and healthcare treatment industries are the main drivers of waterproof taps market growth. Waterproofing tapes help make a building waterproof by adhering tightly to the material that they are applied to. It creates a thorough waterproofing system by being applied at application sites, such as places where water and air may enter, including doors and windows.  Waterproofing is essential for newly constructed properties intended for human occupancy. Increased in the demand of waterproof tapes for several application can drive the market growth. However, high initial setup costs can restraint the market growth.

Key Developments:

In March 2021, Flex Seal launch Flex Tape, an incredibly powerful waterproof tape that can immediately patch, connect, and seal practically anything.

ASIA PACIFIC OFFICE

Precision Business Insights, MIG 366, SAI PLAZA, 1st Floor, KPHB Colony, Hyderabad - 500072

EUROPE OFFICE

Precision Business Insights, Kemp House, 152 – 160 City Road, London EC1V 2NX