Surface Protection Tapes Market Report 2024 Value, CAGR, Industry Analysis, Latest Updates, Data And Outlook To 2030
Surface Protection Tapes Market
Preserving Pristine Surfaces: Unveiling the Superior Shielding Qualities of Surface Protection Tapes for Enhanced Durability and Impeccable Aesthetics.
Surface Protection Tapes Demand: Booming construction & manufacturing sectors drive the high market demand for durable and reliable surface protection tapes, ensuring product integrity and longevity.” - Exactitude ConsultancyLUTON, BEDFORDSHIRE, UNITED KINGDOM, March 12, 2024 /EINPresswire / -- “Exactitude Consultancy That Adds Flavour To Your Success”
The Surface Protection Tapes Market Size, Scope, and Forecast 2024-2030 report has been added to the Market research collection of Exactitude Consultancy reports. Industry experts and researchers have offered an authoritative and concise analysis of the Surface Protection Tapes Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Surface Protection Tapes Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Surface Protection Tapes Market in the coming years.
The global surface protection tapes market is projected to reach USD 25.23 billion by 2030 from USD 12.62 billion in 2023, at a CAGR of 9.1 % from 2024 to 2030.
The growing number of infrastructure development programs such as urban expansion programs and rural housing schemes across emerging countries are anticipated to play a pivotal role in increasing the demand for surface protection films. Furthermore, the demand for these surface protection films is anticipated to increase in the future, owing to their constant use for carpet and floor protection during commercial and residential painting purposes. This will foster market growth. The Global Surface Protection Tapes Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
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Some of the key players profiled in the study are: 3M Company, Tesa SE, Avery Dennison Corporation, Berry Global Group, Inc., Scapa Group plc, Nitto Denko Corporation, Tuftape Fzco, Intertape Polymer Group, Chevron Phillips Chemical Company, Compagnie de Saint-Gobain S.A, Surface Armor LLC. and other Prominent players.
Industry News and Updates:
16 Feb 2023: Chevron Phillips Chemical (CPChem) and Charter Next Generation (CNG) announced that overwrap film made with CPChem's Marlex® AnewTM Circular Polyethylene is bound for store shelves in the U.S. Versatile and efficient, overwrap films help preserve food, keep medical instruments secure and sterile, and provide lightweight and durable product packaging.
31 May 2023: Nitto Denko Corporation announced that it has signed a contract with Crysalis Biosciences Inc. to jointly develop plant-derived acetonitrile as a bio-based solvent, as well as to invest in Crysalis, as part of its efforts to achieve carbon neutrality.
Competition is an important issue in any market research analysis the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Surface Protection Tapes Market. The major and emerging players of the Surface Protection Tapes Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors. This will help players familiarize themselves with the movements of their toughest competitors in the Surface Protection Tapes market.
The segmental analysis section of the report includes a thorough research study on key type and application segments of the Surface Protection Tapes market
Surface Protection Tapes Market by Type 2022-2030, (USD Billion) (Kilotons)
Polyethylene (PE)
Polypropylene (PP)
Polyvinyl chloride (PVC)
Surface Protection Tapes Market by Surface Material, 2022-2030, (USD Billion) (Kilotons)
Polished metals
Glass
Plastics
Surface Protection Tapes Market by End-Use, 2022-2030, (USD Billion) (Kilotons)
Electronics & appliances
Building & construction
Automotive
Surface Protection Tapes Market Regional Analysis/Insights
Asia Pacific is expected to hold a sizable portion of the global market during the forecasted period. The need for these protective tapes is also rising as a result of the end-use industries' quick development, particularly in the construction, automotive, electrical, and electronics sectors. Surface protection tape demand is being driven up by the region's rising infrastructure development brought on by rapid urbanization and strong economic growth. These are thermoplastic polymers, making them formable in any shape.
An increase in FDI investment in the automotive and construction sectors in the developing nations of Asia Pacific are some factors that are predicted to drive the market in the region during the forecast period include. Due to large multinational firms moving their manufacturing operations to China, the
North America is expected to have the highest CAGR in the global market during the projected period. To address the demand from end-user sectors, the manufacturers are making investments in North American nations. During the projected period, expansion in sectors like construction and consumer electronics is anticipated to boost the market for surface protection tapes.
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Inculcation and Evaluation of Strategic Collaborations: The researchers analyse recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures.
Perfect Market Size Estimations: The report analyses the demographics, growth potential, and capability of the Surface Protection Tapes market through the forecast period.
This factor leads to the estimation of the Surface Protection Tapes market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular Surface Protection Tapes market that will help the stakeholders to be aware of the current investment scenario across the market.
What is new in 2024?
- Major developments that can change the business landscape as well as market forecasts.
- Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
- Coverage of new market players and change in the market share of existing players of the Surface Protection Tapes market.
- Updated financial information and product portfolios of players operating in the Surface Protection Tapes market.
- Updated market developments of the profiled players.
- Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customer's business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Surface Protection Tapes.
Customization services available with the report:
- Country level market for Surface Protection Tapes market (up to 5)
- Profiling and additional market players (up to 5)
- Up to 40 hours of customization.
- post-sales support for 1 year from the date of delivery.
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