Global Waterproof Tapes Market Segments 2024, Forecast To 2033
5 Mar, 2024
The waterproof tapes market size witnessed robust growth, reaching $15 billion in 2024 from $14.03 billion in 2023 at a 6.9% CAGR. The expansion can be linked to the construction industry, consumer awareness, and the marine sector. Looking forward, it is projected to further grow to $19.57 billion in 2028, fueled by urbanization and eco-friendly solutions, maintaining a 6.9% CAGR. Anticipated trends include customized tapes and innovations in application techniques.
Global Waterproof Tapes Market Key Driver
The waterproof tapes market is witnessing growth with the growing healthcare industry. McKinsey & Company projected healthcare profit pools to grow from $654 billion in 2021 to $790 billion in 2026, contributing to the growth of the waterproof tapes market.
Get A Free Sample Of The Global Waterproof Tapes Market ReportGlobal Waterproof Tapes Market Segments
The waterproof tapes market covered in this report is segmented –
1) By Resin Types: Acrylic, Butyl, Silicone, Other Resin Types
2) By Substrate Types: Plastic, Metal, Rubber, Other Substrate Types
3) By End-Use Industry: Electrical and Electronics, Automotive, Building and Construction, Healthcare, Packaging, Other End User Industries
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the waterproof tapes market in 2023. Asia-Pacific is expected to be the fastest-growing region in the waterproof tapes market report during the forecast period. The regions covered in the waterproof tapes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Waterproof Tapes Industry Players
Avery Dennison Corporation; ABE UK Ltd.; Aggarwal Brothers Pvt. Ltd.; Asian Paints Ltd.; Henkel AG & Co. KGaA; Johnson & Johnson Services Inc.; Minnesota Mining and Manufacturing Company; Nitto Denko Corporation; Scapa Group plc; Tesa SE; Saint-Gobain S.A.; Berry Global Inc.; Intertape Polymer Group Inc.; Lintec Corporation; Nichiban Co. Ltd.; Shanghai Yongguan Adhesive Products Corp. Ltd.; Wuhan Huaxia Nanfeng Adhesive Tapes Co. Ltd.; Sika AG; W. W. Grainger Inc.; Bostik SA; DOW Corning Corporation; Franklin International Inc.; Hexion Inc.; Illinois Tool Works Inc.; Mapei Corporation; Momentive Performance Materials Inc.; Pidilite Industries Limited; RPM International Inc.; Medline Industries Lp; Shurtape Technologies LLC; The Gorilla Glue Company
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AIOps Waterproof Tapes Market Overview
Waterproof tape is a type of adhesive tape that is waterproof or water-resistant and can be single or double-sided. Waterproofing tapes are made using bitumen or butyl, are cold applied, and have adhesive on one side and aluminum foil or colored mineral on the other. Its protective cover is taken off, attached to the application surface, and immediately offers protection.
Waterproof Tapes Global Market Report 2023 provides data on the global waterproof tapes market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The waterproof tapes market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.