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Masking Tape Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • August 2024
  • Region: Global
  • Lucintel
  • ID: 6003800
The global masking tape market is expected to reach an estimated $2.88 billion by 2030 with a CAGR of 5.5% from 2024 to 2030. The major drivers for this market are the expansion of the automotive industry and increasing sustainable practice.

The future of the global masking tape market looks promising with opportunities in the automotive, building and construction, aerospace, and general markets.

Masking Tape by Segment

The study includes a forecast for the global masking tape by backing material type, product type, adhesive type, end use, and region.

Masking Tape Market by Backing Material Type [Shipment Analysis by Value from 2018 to 2030]:

  • Foam
  • Glass Fiber
  • Foil
  • Paper
  • Plastic

Masking Tape Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

  • Single Sided
  • Double Sided

Masking Tape Market by Adhesive Type [Shipment Analysis by Value from 2018 to 2030]:

  • Silicon-Based Adhesive
  • Acrylic-Based Adhesive
  • Rubber-Based Adhesive

Masking Tape Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Automotive
  • Building and Construction
  • Aerospace
  • General Industries
  • Others

Masking Tape Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Masking Tape Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies masking tape companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the masking tape companies profiled in this report include:
  • Intertape Polymer Group
  • 3M Company
  • Shurtape Technologies
  • TESA SE Group
  • Nitto Denko
  • Ahlstrom Corporation
  • PPI Adhesive Products

Masking Tape Insights

Plastic is expected to witness the highest growth over the forecast period due to their qualities like durability, strength, and tear resistance.
Within this market, building and construction is expected to witness the highest growth.
North America is expected to witness the highest growth over the forecast period.

Features of the Global Masking Tape Market

  • Market Size Estimates: Masking tape market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Masking tape market size by various segments, such as by backing material type, product type, adhesive type, end use, and region in terms of value ($B).
  • Regional Analysis: Masking tape market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different backing material types, product types, adhesive types, end uses, and regions for the masking tape market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the masking tape market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the masking tape market by backing material type (foam, glass fiber, foil, paper, and plastic), product type (single sided and double sided), adhesive type (silicon-based adhesive, acrylic-based adhesive, and rubber-based adhesive), end use (automotive, building and construction, aerospace, general industries, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Masking Tape Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Masking Tape Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Masking Tape Market by Backing Material Type
3.3.1: Foam
3.3.2: Glass Fiber
3.3.3: Foil
3.3.4: Paper
3.3.5: Plastic
3.4: Global Masking Tape Market by Product Type
3.4.1: Single Sided
3.4.2: Double sided
3.5: Global Masking Tape Market by Adhesive Type
3.5.1: Silicon-Based Adhesive
3.5.2: Acrylic-Based Adhesive
3.5.3: Rubber-Based adhesive
3.6: Global Masking Tape Market by End Use
3.6.1: Automotive
3.6.2: Building and Construction
3.6.3: Aerospace
3.6.4: General Industries
3.6.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Masking Tape Market by Region
4.2: North American Masking Tape Market
4.2.1: North American Masking Tape Market by Backing Material Type: Foam, Glass Fiber, Foil, Paper, and Plastic
4.2.2: North American Masking Tape Market by End Use: Automotive, Building and Construction, Aerospace, General Industries, and Others
4.3: European Masking Tape Market
4.3.1: European Masking Tape Market by Backing Material Type: Foam, Glass Fiber, Foil, Paper, and Plastic
4.3.2: European Masking Tape Market by End Use: Automotive, Building and Construction, Aerospace, General Industries, and Others
4.4: APAC Masking Tape Market
4.4.1: APAC Masking Tape Market by Backing Material Type: Foam, Glass Fiber, Foil, Paper, and Plastic
4.4.2: APAC Masking Tape Market by End Use: Automotive, Building and Construction, Aerospace, General Industries, and Others
4.5: RoW Masking Tape Market
4.5.1: RoW Masking Tape Market by Backing Material Type: Foam, Glass Fiber, Foil, Paper, and Plastic
4.5.2: RoW Masking Tape Market by End Use: Automotive, Building and Construction, Aerospace, General Industries, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Masking Tape Market by Backing Material Type
6.1.2: Growth Opportunities for the Global Masking Tape Market by Product Type
6.1.3: Growth Opportunities for the Global Masking Tape Market by Adhesive Type
6.1.4: Growth Opportunities for the Global Masking Tape Market by End Use
6.1.5: Growth Opportunities for the Global Masking Tape Market by Region
6.2: Emerging Trends in the Global Masking Tape Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Masking Tape Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Masking Tape Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Intertape Polymer Group
7.2: 3M Company
7.3: Shurtape Technologies
7.4: TESA SE Group
7.5: Nitto Denko
7.6: Ahlstrom Corporation
7.7: PPI Adhesive Products

Companies Mentioned

  • Intertape Polymer Group
  • 3M Company
  • Shurtape Technologies
  • TESA SE Group
  • Nitto Denko
  • Ahlstrom Corporation
  • PPI Adhesive Products

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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