The global foam tapes market is expected to reach a value of USD 14.24 Billion by 2028, and register a CAGR of 6.50%, according to a new report by Reports and Data. These tapes are specialty materials that are used in the construction industry for various purposes such as for sealing windows, making sun- roofs, noise cancellation, and many others.
The market for tapes is influenced by the rising urbanization and awareness among the young population to make ultraviolet rays proof houses. Foam tapes can sustain both extremely low and high temperatures. It is used for cushioning, sealing, and casketing in various industries. These tapes are available in various shapes and thicknesses in the market. Researchers have developed a green tape which is made up of recycled materials and is biodegradable in nature. The cost of the raw materials used to make such tapes are very high, which are creating a market restraint.
The factors mentioned above jointly create opportunities for the market growth while factors such as critical effects of foam tapes add limitations in the market. However, each element would have a specific impact on the market during the forecast period. Consistent developments in the adhesive tapes market owing to innovative efforts have improved the efficiency of insulating foam tapes.
In the Asia Pacific region due to the sudden rise in population and rapid urbanization, the market for insulating products are propelling at a swift rate. The rising economy in counties like China and Japan due to magnificent political, social, and economic conditions. Construction industries and paper printing industries of the APAC region are using these tapes in the construction of houses and commercial space.
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Further key findings from the report suggest
- Paper and printing industries held the largest market share of 36.4% in the year 2018. Foam tape materials are extremely cheap and can be recycled easily. This material has good insulating properties, high strength, absorbs moisture, flexible, low dielectric constant, and can be compressed easily. New technologies are introduced to make the foam tapes retain the mechanical properties for a long period of time.
- The hot melt-based technology is forecasted to witness the highest CAGR of 7.1% during the forecast period. This segment is rising since this technology is used in automotive, electrical and electronics, and paper and printing industries, among various others.
- Silicone type sector held the largest market share of 39.0% in the year 2018. China became the largest consumer of foam tape products owing to the ever-growing construction industry along with the paper and printing industries in this region because of the rise in population and industrialization. China became a leader in the world for production and consumption of adhesive tapes because of its low-cost labor, and rise in urbanization with an expanding economy compared with other countries.
- Asia Pacific is expected to witness the highest CAGR of 7.8% during the forecast period. Countries like India, China, Taiwan, South Korea, and Japan are rapidly catching up with the growth in the foam tape market. Adhesive tapes manufacturing and consumption have shifted from North America to Asia.
- Key participants 3M Company, Tesa SE, Denko Corporation, Lintec Corporation, Intertape Polymer Group, Inc., Avery Dennison Corporation, Scapa Group Plc, Halco, 3F, and Seal King Ind Co. Ltd., among others.
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For the purpose of this report, Reports and Data have segmented into the global Foam Tape market on the basis of resin type, foam type, technology, end-user, and region:
Resin Type Outlook (Length, Million Meters; Revenue, USD Billion; 2018-2028)
- Rubber
- Silicone
- Acrylic
- Others
Foam Type Outlook (Length, Million Meters; Revenue, USD Billion; 2018-2028)
- Acrylic
- PE
- PU
- Others
Technology Type Outlook (Length, Million Meters; Revenue, USD Billion; 2018-2028)
- Water-based
- Solvent-based
- Hotmelt-based
End-Users Outlook (Length, Million Meters; Revenue, USD Billion; 2018-2028)
- Paper and Printing
- Electrical and Electronics
- Automotive
- Building and Construction
- Others
Regional Outlook (Length, Million Meters; Revenue, USD Billion; 2018-2028)
- North America
- Europe
- Asia Pacific
- MEA
- Latin America
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/foam-tape-market
Table of content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020 – 2028
Chapter 3. Indicative Metrics
Chapter 4. Foam Tape Market Segmentation & Impact Analysis
4.1. Foam Tape Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing Demand of Acrylic type foam
4.2.2.2. Growing application of foam tape in various sectors
4.2.3. Market restraints analysis
4.2.3.1. Expensive raw material
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Chapter 5. Foam Tape By Resin Type Insights & Trends
5.1. Resin Type Dynamics & Market Share, 2021 & 2028
5.2. Rubber
5.2.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
5.2.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
5.3. Silicone
5.3.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
5.3.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
5.4. Acrylics
5.4.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
5.4.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
5.5. Others
5.5.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
5.5.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
Chapter 6. Foam Tape By Foam Type Insights & Trends
6.1. Foam Type Dynamics & Market Share, 2021 & 2028
6.2. PE
6.2.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
6.2.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
6.3. PU
6.3.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
6.3.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
6.4. Acrylic
6.4.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
6.4.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
6.5. Others
6.5.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
6.5.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
Chapter 7. Foam Tape By Technology Insights & Trends
7.1. Technology Dynamics & Market Share, 2021 & 2028
7.2. Solvent-based
7.2.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
7.2.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
7.3. Water-based
7.3.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
7.3.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
7.4. Hot melt based
7.4.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
7.4.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
7.5. Others
7.5.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
7.5.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
Chapter 8. Foam Tape By End-Use Insights & Trends
8.1. End-Use Dynamics & Market Share, 2021 & 2028
8.2. Automotive
8.2.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
8.2.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
8.3. Building and Construction
8.3.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
8.3.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
8.4. Electrical and Electronics
8.4.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
8.4.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
8.5. Paper and Printing
8.5.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
8.5.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
8.6. Others
8.6.1. Market estimates and forecast, 2018 – 2028 (Million Meters) (USD Billion)
8.6.2. Market estimates and forecast, By Region, 2018 – 2028 (Million Meters) (USD Billion)
Chapter 9. Foam Tape Market Regional Outlook
9.1. Foam Tape Market share By Region, 2021 & 2028
9.2. North America
9.2.1. North America Foam Tape estimates and forecast, 2018 – 2028, (Million Meters) (USD Billion)
9.2.2. North America Foam Tape estimates and forecast By Resin Type, 2018 – 2028, (Million Meters) (USD Billion)
9.2.3. North America Foam Tape estimates and forecast by FoamType, 2018 – 2028, (Million Meters) (USD Billion)
9.2.4. North America Foam Tape estimates and forecast by Technology, 2018 – 2028, (Million Meters) (USD Billion)
9.2.5. North America Foam Tape estimates and forecast by End-Use, 2018 – 2028, (Million Meters) (USD Billion)
9.2.6. U.S.
9.2.6.1. U.S. Foam Tape estimates and forecast, 2018 – 2028, (Million Meters) (USD Billion)
9.2.6.2. U.S. Foam Tape estimates and forecast By Resin Type, 2018 – 2028, (Million Meters) (USD Billion)
9.2.6.3. U.S. Foam Tape estimates and forecast by Foam Type, 2018 – 2028, (Million Meters) (USD Billion)
9.2.6.4. U.S. Foam Tape estimates and forecast by Technology, 2018 – 2028, (Million Meters) (USD Billion)
9.2.6.5. U.S. Foam Tape estimates and forecast by End-Use, 2018 – 2028, (Million Meters) (USD Billion)
9.3. Europe
9.3.1. Europe Foam Tape estimates and forecast, 2018 – 2028, (Million Meters) (USD Billion)
9.3.2. Europe Foam Tape estimates and forecast By Resin Type, 2018 – 2028, (Million Meters) (USD Billion)
9.3.3. Europe Foam Tape estimates and forecast by Foam Type, 2018 – 2028, (Million Meters) (USD Billion)
…
Chapter 10. Competitive Landscape
10.1. Market Revenue Share By Manufacturers
10.2. Manufacturing Cost Breakdown Analysis
10.3. Mergers & Acquisitions
10.4. Market positioning
10.5. Strategy Benchmarking
10.6. Vendor Landscape
Chapter 11. Company Profiles
11.1. Seal King Ind Co., Ltd.
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Technology Insights
11.1.4. Strategic Initiatives
Continue…
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