PUBLISHER: The Business Research Company | PRODUCT CODE: 1669458
PUBLISHER: The Business Research Company | PRODUCT CODE: 1669458
Building and construction tape refers to a specialized type of adhesive tape designed for various applications within the construction industry and building projects. These tapes are tailored to meet the specific requirements of construction professionals and contractors, offering features suitable for bonding, sealing, protecting, and marking in construction, renovation, and repair projects.
The primary product categories within building and construction tapes include double-sided tapes, masking tapes, duct tapes, and others. Double-sided tape is characterized by exposed pressure-sensitive adhesive on both sides and is available in various backing materials such as polyvinyl chloride (PVC), polyethylene terephthalate, polypropylene, foil, polyethylene, foam, paper, among others. It serves multiple functions, including bonding, protection, insulation, glazing, soundproofing, and cable management. Applications for these tapes span across doors, flooring, roofing, walls and ceilings, windows, building envelope, plumbing, HVAC (heating, ventilation, and air conditioning), and electrical. The primary end-users include commercial, residential, and industrial construction.
The building and construction market research report is one of a series of new reports from The Business Research Company that provides building and construction market statistics, including building and construction industry global market size, regional shares, competitors with a building and construction market share, detailed building and construction market segments, building and construction market trends and opportunities, and any further data you may need to thrive in the building and construction industry. This building and construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The building and construction tapes market size has grown steadily in recent years. It will grow from $4.66 billion in 2024 to $4.86 billion in 2025 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to construction industry growth, increased emphasis on energy efficiency, repair and maintenance activities, waterproofing applications, demand for sustainable building materials
The building and construction tapes market size is expected to see strong growth in the next few years. It will grow to $6.2 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to green building initiatives, infrastructure development projects, rising trend of prefabricated construction, growing awareness of air and water barrier systems, residential and commercial real estate demand. Major trends in the forecast period include introduction of double-sided tapes, focus on noise damping tapes, introduction of energy-efficient insulation tapes, customization and tailored tape solutions, digitalization and smart construction tapes.
The expanding construction industry is anticipated to drive the growth of the building and construction tapes market in the future. The construction industry includes activities related to the planning, design, construction, and maintenance of structures, buildings, infrastructure, and other physical projects. Building and construction tapes are widely utilized in this sector for various applications, including temporary repairs, surface protection, sealing and waterproofing, insulation, and securing and fastening. For example, in May 2023, a report from the United States Census Bureau, a US-based government agency, indicated that construction spending rose from $1,768.2 billion in March 2022 to $1,834.7 billion in March 2023, reflecting a 3.8% increase. Thus, the growth of the construction industry is propelling the building and construction tapes market.
The building and construction tapes market is expected to benefit from the growing demand for home aesthetic improvements. Homeowners are increasingly inclined to enhance the visual appeal and functionality of their residences. Building and construction tapes present a versatile and cost-effective solution for achieving aesthetic upgrades, allowing for creative applications in adding color, creating unique textures, and enhancing functionality. Survey data from May 2023 revealed that a considerable portion of US homeowners (69%) feel embarrassed about their homes' aesthetic choices, prompting around 78% to plan home improvement projects with an average projected spending of $1753 on these endeavors.
Product innovation is a key trend gaining traction in the building and construction tapes market. Major companies within this market are developing innovative products to maintain their competitive edge. For example, in March 2023, IRPLAST, an Italy-based plastic fabrication company, launched its new NOPP tape, made from 50% recycled materials. This initiative reflects the company's commitment to sustainability and aligns with its involvement in SABIC's TRUCIRCLE(TM) initiative, which aims to create circular and renewable packaging solutions. The NOPP tape is designed to address the increasing demand for eco-friendly products in the flexible packaging market, providing brand owners with a sustainable option without sacrificing performance. By incorporating recycled materials, IRPLAST seeks to minimize its environmental impact while preserving the quality and functionality of its products, thus supporting the transition toward a circular economy in the packaging industry.
Industry leaders in the building and construction tapes realm are concentrating on novel solutions such as scannable technologies facilitating the connection between physical objects and digital information. Shurtape Technologies LLC is a prime example, having unveiled Duck Pro by Shurtape BR Code Scannable Solutions powered by the BitRip app in January 2023. This innovative product line features distinct tapes and labels preprinted with dynamic scannable codes. These codes efficiently organize and trace essential job site information, integrating physical objects with their digital counterparts. This advancement is aimed at optimizing workflow, communication, and management across construction, remodeling, installation, and repair domains.
In December 2022, Shurtape Technologies LLC, a renowned US-based adhesive tape manufacturer and marketer, completed the acquisition of Pro Tapes & Specialties Inc. The acquisition, executed for an undisclosed sum, is positioned to augment Shurtape's array of products and its customer outreach. This strategic move aligns with Shurtape's objective of fostering business growth and enhancing overall profitability. Through this union, both entities affirm their dedication to delivering exceptional innovation, service, and quality to the diverse sectors they serve. Pro Tapes & Specialties Inc., a notable tape manufacturer in the United States, specializes in offering a broad spectrum of tapes, including those designed for building and construction applications.
Major companies operating in the building and construction tapes market include Saint-Gobain Group., 3M Company, Henkel AG And Co. KGaA, Berry Global Inc., DuPont de Nemours Inc., Avery Dennison Corporation, Nitto Denko Corporation, Tesa SE, Ahlstrom Munksjo Oyj, Lohmann GmbH And Co. KG, Scapa Group PLC., Intertape Polymer Group Inc., FLEXcon Company Inc., PPM Industries S.P.A., Gaska Tape Inc., Advance Tapes International Ltd., Cantech Industries Inc., Lamatek Inc., MBK Tape Solutions, NADCO Tapes & Labels Inc., Heskins Ltd., PPI Adhesive Products (C.E.) s.r.o., Shurtape Technologies LLC., BowTape Co. Ltd., Tape-Rite Co. Inc.
North America was the largest region in the building and construction tapes market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the building and construction tapes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the building and construction tapes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The building and construction tape market consists of sales of filament tape, electrical tape, foam tape, barrier tape, reflective tape, grip tapes, friction tapes, and floor marking tapes. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Building And Construction Tapes Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on building and construction tapes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for building and construction tapes ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The building and construction tapes market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.