The global insulating adhesive tape market size is expected to reach USD 1.64 Billion in 2028 registering a CAGR of 2% over the forecast period, according to a latest report by Reports and Data. Major factor driving market revenue growth are rising awareness among manufacturers regarding the convenience of such tapes and robust growth in the construction industry.
Insulating adhesive tape is a form of pressure-sensitive tape used to insulate electrical wires and other electrically conducting materials. Insulating adhesive tape is available in a variety of polymers, but vinyl is a popular choice since it stretches well and provides excellent and long-lasting insulation. Pressure-sensitive tapes and adhesives are used in the electronics sector to insert parts directly into devices.
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Top Companies Profiled in the Report:
The key players in the global market are 3M, Achem (YC Group), Tesa (Beiersdorf AG), Nitto, IPG, Scapa, Saint Gobin (CHR), Four Pillars, H-Old, Plymouth, Teraoka, Wurth, Shushi, Yongle, Yongguan adhesive, Sincere, Denka, Furukawa Electric.
According to the report, the global Insulating Adhesive Tape market is projected to reach a whopping market .The Insulating Adhesive Tape market research report highlights the major regional markets including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. It elaborates on various aspects these regional markets, such as shifting consumer tastes preferences, fluctuations in supply demand, changing production consumption patterns, and revenue growth rate of each market. In addition, the report analyzes the current position of each player in the Insulating Adhesive Tape market leveraging various analytical tools such as Porter’s Five Forces analysis, SWOT analysis, and Capacity Utilization analysis.
The materials chemicals industry consists of companies that engage in the manufacture of a wide range of industrial and commercial products using various chemicals and raw materials such as oil, natural gas, metals, and minerals. Growing demand for consumer products such as soaps, perfumes, detergents, extensive usage of chemicals and raw materials in industries including buildings construction, food beverage, and agriculture, and increasing demand for environmentally sustainable raw materials and chemicals are among the key drivers for the industry growth. Rising environmental awareness, technological advancements in various chemical products, development of organic chemicals and materials, growing use of high-performance agrochemicals and specialty chemicals are other major factors bolstering the growth of this industry.
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By Type (Revenue, USD Million; 2018–2028)
- Cloth
- PVC
- PET
- Others
By Application (Revenue, USD Million; 2018–2028)
- Electrical and electronics
- Communication industry
- Auto industry
- Aerospace
- Others
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Region Outlook (Revenue, USD Million; 2018 – 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Frequently Asked Questions (FAQs):
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