Surface Protection Tapes Trends and Forecast
The future of the global surface protection tapes market looks promising with opportunities in the electronics & appliance, building & construction, and automotive markets. The global surface protection tapes market is expected to reach an estimated $20.4 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are increasing number of infrastructure development initiatives in emerging nations, including rural housing projects and urban expansion initiatives, rapid urbanization around the globe, as well as, strong economic expansion and rise in living standards of people.Surface Protection Tapes by Segment
The study includes a forecast for the global surface protection tapes by type, surface material, end use, and region.Surface Protection Tapes Market by Type [Shipment Analysis by Value from 2018 to 2030]
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
Surface Protection Tapes Market by Surface Material [Shipment Analysis by Value from 2018 to 2030]
- Polished Metals
- Glass
- Plastics
Surface Protection Tapes Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Electronics & Appliances
- Building & Construction
- Automotive
- Others
Surface Protection Tapes Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Surface Protection Tapes 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 surface protection tapes companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the surface protection tapes companies profiled in this report include-- DowDuPont
- Compagnie de Saint-Gobain
- 3M
- Toray Industries
- Chevron Phillips Chemical Company
- Berry Global
- Nitto Denko
- Avery Dennison
- Tesa
- Intertape Polymer Group
Surface Protection Tapes Market Insights
The publisher forecasts that polypropylene is expected to witness the highest growth over the forecast period because they offer superior properties, including high strength, tear resistance, and chemical resistance, making them suitable for various applications.APAC will remain the largest region over the forecast period due to the expansion of the building and construction sectors, heightened building activity, rising living standards, and ongoing projects.
Features of the Global Surface Protection Tapes Market
- Market Size Estimates: Surface protection tapes 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: Surface protection tapes market size by type, surface material, end use, and region in terms of value ($B).
- Regional Analysis: Surface protection tapes market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, surface material, end use, and regions for the surface protection tapes market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the surface protection tapes market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the surface protection tapes market size?Answer: The global surface protection tapes market is expected to reach an estimated $20.4 billion by 2030.
Q2. What is the growth forecast for surface protection tapes market?
Answer: The global surface protection tapes market is expected to grow with a CAGR of 7.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the surface protection tapes market?
Answer: The major drivers for this market are increasing number of infrastructure development initiatives in emerging nations, including rural housing projects and urban expansion initiatives, rapid urbanization around the globe, as well as, strong economic expansion and rise in living standards of people.
Q4. What are the major segments for surface protection tapes market?
Answer: The future of the global surface protection tapes market looks promising with opportunities in the electronics & appliance, building & construction, and automotive markets.
Q5. Who are the key surface protection tapes market companies?
Answer: Some of the key surface protection tapes companies are as follows:
- DowDuPont
- Compagnie de Saint-Gobain
- 3M
- Toray Industries
- Chevron Phillips Chemical Company
- Berry Global
- Nitto Denko
- Avery Dennison
- Tesa
- Intertape Polymer Group
Answer: The publisher forecasts that polypropylene is expected to witness the highest growth over the forecast period because they offer superior properties, including high strength, tear resistance, and chemical resistance, making them suitable for various applications.
Q7. In surface protection tapes market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to the expansion of the building and construction sectors, heightened building activity, rising living standards, and ongoing projects.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the surface protection tapes market by type (polyethylene, polypropylene, and polyvinyl chloride), surface material (polished metals, glass, and plastics), end use (electronics & appliances, building & construction, automotive, 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
Companies Mentioned
- DowDuPont
- Compagnie de Saint-Gobain
- 3M
- Toray Industries
- Chevron Phillips Chemical Company
- Berry Global
- Nitto Denko
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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