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Friday, November 5, 2021

Global Surface Protection Tapes Market to be Driven by the Rapid Growth of Infrastructure and Construction Activities in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Global Surface Protection Tapes Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global surface protection tapes market, assessing the market based on its segments like type, surface material, end-use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.



Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.


Request a free sample copy in PDF or view the report summary@  https://www.expertmarketresearch.com/reports/surface-protection-tapes-market/requestsample


The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 13.1 Billion
  • Forecast CAGR (2021-2026): 7.0%
  • Forecast Market Size (2026): USD 19.75 Billion


The growth of construction and infrastructure activities is the leading market for surface protection tapes. The construction segment is expected to grow by 35% in the next decade due to urban planning, infrastructural development and increasing disposable incomes of the general population.  Asia will contribute to a significant growth in the market due to its extensive emphasis on housing and urban planning to accommodate the growing population. The economic growth of countries like India and China have enabled growth in other sectors like manufacturing, automobile, and electronics which in turn are also driving the growth of surface protection tapes.


Industry Definition and Major Segments


Surface protection tapes are commonly used to avoid scratches on surfaces and to protect them from dust and other particles in the air. It also safeguards against damage, transportation, and moisture. These tapes are essentially a protective tape that is resistant to extreme abrasion and daily wear and tear are also utilised in applications that require a high level of thermal resistance.


Explore the full report with the table of contents@ https://www.expertmarketresearch.com/reports/surface-protection-tapes-market


On the basis of type, the market is segmented into:

  • Polyethylene
  • Polypropylene
  • Polyvinyl Chloride
  • Others


Based on surface material, the market is divided into:

  • Polished Metals
  • Glass
  • Plastics
  • Others


Based on end-use, the market is bifurcated into:

  • Electronics & Appliances
  • Building & Construction
  • Automotive


The major regional markets include:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa


Market Trends


The use of surface protection tapes in a wide variety of industries like, automobile, construction, infrastructure, electronics, among others is expected to drive the market forward. Due to the difference in end-use, there is product innovation and development to accommodate attractive features.  Manufacturers are also focusing on the ease of application, usability, and versatility of performance. For instance, manufacturers are introducing tapes that are chemical resistant, UV resistant, and scratch resistant which are available in different colours. Efforts towards sustainability also drive the market forward, for instance, bio-degradable and solvent free protective tapes are also being produced for the same. The market has been boosted by the increased popularity of surface protection tapes due to its lower weight, simplicity of application, durability, customisation, and smooth removal from the surface of substrates.  However, the volatility of raw materials can restrain the market growth due to frequent price fluctuations.


Key Market Players


The major players in the market are Saint-Gobain S.A., Toray Industries, Inc., Berry Global Inc., Nitto Denko Corporation, Avery Dennison, and Tesa SE, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

 

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Global Wine Cork Market: https://www.expertmarketresearch.com/reports/wine-cork-market


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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

 

About Us:

 

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

 

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

 

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

 

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

 

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

 

Media Contact

 

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**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

 

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