PUBLISHER: Lucintel | PRODUCT CODE: 1417973
PUBLISHER: Lucintel | PRODUCT CODE: 1417973
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 $20.4 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are increasing number of infrastructure development initiatives in emerging nations, including rural housing projects and urban expansion initiatives, rapid urbanization around the globe, as well as, strong economic expansion and rise in living standards of people.
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Surface Protection Tapes by Segment
The study includes a forecast for the global surface protection tapes by type, surface material, end use, and region.
List of Surface Protection Tapes Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies surface protection tapes companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the surface protection tapes companies profiled in this report include-
Surface Protection Tapes Market Insights
Lucintel forecasts that polypropylene is expected to witness the highest growth over the forecast period because they offer superior properties, including high strength, tear resistance, and chemical resistance, making them suitable for various applications.
APAC will remain the largest region over the forecast period due to the expansion of the building and construction sectors, heightened building activity, rising living standards, and ongoing projects.
Features of the Global Surface Protection Tapes Market
Market Size Estimates: Surface protection tapes market size estimation in terms of value ($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.
Q6. Which surface protection tapes market segment will be the largest in future?
Answer: Lucintel 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, Lucintel provides 10% customization without any additional cost.