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Electrical Tape Market - Global Forecast Report 2024-2032

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    Report

  • 175 Pages
  • November 2023
  • Region: Global
  • Expert Market Research
  • ID: 5912697
According to the report, the global electrical tape market is projected to grow at a CAGR of 2.3% between 2024 and 2032. Aided by the accelerating demand for safety measures in electrical installations and a surge in electronics and automotive industries, the market is expected to grow significantly by 2032.

Electrical tape, often referred to as insulating tape, is a type of pressure-sensitive tape that is utilised to insulate electrical wires and other materials that conduct electricity. It serves as an essential tool in the electrical and electronic industries, ensuring both safety and functionality. Typically made from plastic, vinyl, or rubber, electrical tapes are known for their insulating properties, durability, and resistance to a plethora of conditions like high temperatures, acids, solvents, and moisture.

A significant driver propelling the global electrical tape market demand is the ever-increasing demand in the electrical and electronics sectors. As urbanisation and industrialisation continue their upward trajectory, the need for electrical installations in both residential and industrial sectors is growing exponentially. This, in turn, demands effective insulating measures, thereby pushing the sales of electrical tapes.

As per the electrical tape market analysis, the automotive industry's growth, especially in developing nations, has been a pivotal catalyst. Modern vehicles, with their intricate electrical wirings for various systems like navigation, entertainment, and safety, necessitate the use of electrical tapes to prevent short circuits and potential fires.

In tandem with its primary use in insulation, electrical tapes are increasingly being employed in repair works, colour-coding, bundling, and labelling, further enhancing the electrical tape market growth. Their ease of use, coupled with their versatility, makes them a staple in numerous industries, including telecommunications, construction, and aerospace.

Adding another layer to its ever-expanding applications, the boom in the renewable energy sector, particularly in solar and wind installations, has broadened the horizon for the electrical tape market. These energy sources require vast and complex electrical systems to transmit and distribute power, which invariably needs electrical tapes for safety and efficiency. Further increasing the electrical tape market size are the innovations in the realm of adhesive technology that are leading to the introduction of tapes with better-insulating properties, higher temperature resistance, and longer life spans.

Market Segmentation

The market can be divided based on material, application, and region.

Market Breakup by Material

  • PVC Tapes
  • Glass Cloth Tapes
  • PET Tapes
  • Others

Market Breakup by Application

  • Electrical and Electronics
  • Aerospace
  • Industrial
  • Others

Market Breakup by Region

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

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global electrical tape market. Some of the major players explored in the report are as follows:
  • tesa SE
  • 3M Company
  • Intertape Polymer Group
  • Avery Dennison Corporation
  • Nitto Denko Corporation
  • HellermannTyton GmbH
  • Teraoka Seisakusho Co., Ltd.
  • Fujian Youyi Adhesive Tape Group Co., Ltd.
  • A&G Manufacturing Co. Inc.
  • Scapa Industrial
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Electrical Tape Market Analysis
8.1 Key Industry Highlights
8.2 Global Electrical Tape Historical Market (2018-2023)
8.3 Global Electrical Tape Market Forecast (2024-2032)
8.4 Global Electrical Tape Market by Material
8.4.1 PVC Tapes
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Glass Cloth Tapes
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.4.3 PET Tapes
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2023)
8.4.3.3 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Electrical Tape Market by Application
8.5.1 Electrical and Electronics
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Aerospace
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.5.3 Industrial
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2023)
8.5.3.3 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Electrical Tape Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2023)
8.6.1.3 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2023)
8.6.2.3 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2023)
8.6.3.3 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2023)
8.6.4.3 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2023)
8.6.5.3 Forecast Trend (2024-2032)
9 North America Electrical Tape Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2023)
9.1.3 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2023)
9.2.3 Forecast Trend (2024-2032)
10 Europe Electrical Tape Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2023)
10.1.3 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2023)
10.2.3 Forecast Trend (2024-2032)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2023)
10.3.3 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2023)
10.4.3 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Electrical Tape Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2023)
11.1.3 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2023)
11.2.3 Forecast Trend (2024-2032)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2023)
11.3.3 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2023)
11.4.3 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2023)
11.5.3 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Electrical Tape Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2023)
12.1.3 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2023)
12.2.3 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2023)
12.3.3 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Electrical Tape Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2023)
13.1.3 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2023)
13.2.3 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2023)
13.3.3 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2023)
13.4.3 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 tesa SE
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 3M Company
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Intertape Polymer Group
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Avery Dennison Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Nitto Denko Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 HellermannTyton GmbH
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Teraoka Seisakusho Co., Ltd.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Fujian Youyi Adhesive Tape Group Co., Ltd.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 A&G Manufacturing Co. Inc.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Scapa Industrial
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Electrical Tape Market: Key Industry Highlights, 2018 and 2032
2. Global Electrical Tape Historical Market: Breakup by Material (USD Million), 2018-2023
3. Global Electrical Tape Market Forecast: Breakup by Material (USD Million), 2024-2032
4. Global Electrical Tape Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Electrical Tape Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Electrical Tape Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Electrical Tape Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Electrical Tape Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Electrical Tape Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Electrical Tape Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Electrical Tape Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Electrical Tape Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Electrical Tape Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Electrical Tape Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Electrical Tape Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Electrical Tape Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Electrical Tape Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Electrical Tape Market Structure

Companies Mentioned

  • tesa SE
  • 3M Company
  • Intertape Polymer Group
  • Avery Dennison Corporation
  • Nitto Denko Corporation
  • HellermannTyton GmbH
  • Teraoka Seisakusho Co. Ltd.
  • Fujian Youyi Adhesive Tape Group Co. Ltd.
  • A&G Manufacturing Co. Inc.
  • Scapa Industrial

Methodology

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