Monday 24 September 2018

Market Scope of Masking Tapes Market in Global Industry 2018-2025

ResearchMoz presents professional and in-depth study of "Masking Tapes Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025".

Masking tapes, alternatively called sticky tapes, belong to the class of pressure-sensitive adhesive (PSA) tape. They are made of thin, easy-to-tear paper and pressure-sensitive adhesive. They are primarily employed in painting, in order to mask the area which does not require painting. These tapes are available in a variety of widths and strengths, with their range determined on the basis of the strength of the adhesive.

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Masking Tapes Market Trends

The initial application of masking tape was utilized by painters. . Drafting tapes and ordinary household masking tapes are similar; however, the former has lower tack. It is used to adhere blueprints to a drawing board and its removal does not damage the drawing.

In the building and construction industry, the duration of the stay-on tapes determines their rating. Usually, 7- and 14-day tapes are employed, especially while painting. The tapes that are employed for longer days, typically, have less adhesive and are applied on smooth surfaces such as wallpapers and newly-painted walls.

Masking tapes are also employed to fix broken glass panes.

Typically, paper and plastic is utilized as backing material for masking tapes. Different varieties of paper such as crepe paper, washi paper, and kraft paper are used. Polymers such as polyamide, PVC, PET, and polyester are also utilized as backing materials. Polyester-based tapes are typically employed in electronics application. Glass cloth tapes are often used in powder coating and sandblasting operations.

Adhesives that are utilized in masking tapes are acrylic-based, silicone-based, and rubber-based. Among these, rubber-based tapes offer very high adhesion property, while acrylic-based can be employed across a wide range of temperatures.

Masking tapes are also used in decorative and DIY art purposes. They are available in varying patterns, shapes, colors, and sizes.

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Masking Tapes Market Segmentation

Based on adhesive type, the market can be divided into acrylic-based, rubber-based, silicone-based, and others.

Based on backing material, the market can be segmented into foam, glass fiber, foil, papers, and plastics.

In terms of application, the market can be segregated into painting, spraying, general purpose, metal working, and high temperature applications.

Based on end-user, the market can be segmented into automotive, aerospace, building & construction, consumer goods, electricals & electronics, furniture & decorations, packaging, and others.

Masking Tapes Market: Region-wise Outlook

The Asia Pacific masking tapes market is anticipated to expand at a significant growth rate during the forecast period. The expansion can be attributed to the developing manufacturing infrastructure, easy availability of raw materials, and technological developments in the region. Additionally, a substantial contribution from India and China is predicted to boost the overall market in the near future. Moreover, Asia Pacific is projected to dominate the global market in the near future, expanding at a healthy growth rate.

Furthermore, the market in Latin America and North America is projected to expand significantly in the near future. Rapid development in sectors such as automotive, aerospace, construction, home furnishing, and the increasing demand for masking tapes in diverse manufacturing industries are estimated to propel the market in North America.

Masking Tapes Market: Key Players

Key players operating in the masking tapes market include 3M, Avery Dennison Corporation, CCT Tapes, CMS Group of Companies, K.L. & Ling, Nitto Denko Corporation, Scapa Group plc, and TOYOCHEM CO. LTD.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

    Market segments and sub-segments
    Market trends and dynamics
    Supply and demand
    Market size
    Current trends/opportunities/challenges
    Competitive landscape
    Technological breakthroughs
    Value chain and stakeholder analysis

The regional analysis covers:

    North America (U.S. and Canada)
    Latin America (Mexico, Brazil, Peru, Chile, and others)
    Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
    Eastern Europe (Poland and Russia)
    Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
    Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

    A complete backdrop analysis, which includes an assessment of the parent market
    Important changes in market dynamics
    Market segmentation up to the second or third level
    Historical, current, and projected size of the market from the standpoint of both value and volume
    Reporting and evaluation of recent industry developments
    Market shares and strategies of key players
    Emerging niche segments and regional markets
    An objective assessment of the trajectory of the market
    Recommendations to companies for strengthening their foothold in the market 

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