The global Building and Construction Tapes Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global Building & Construction Tapes Market is estimated to touch US$ 5.9 billion by the completion of the year 2025. The market was appreciated by US$3.79 billion in the year 2016. Increasing demand for the product owing to greater possessions of bonding combined with higher artistic possessions is likely to motivate the market.
Key Players:
- L&L Products Inc.
- tesa SE
- DOW
- 3M Company
- PPG Industries
- American Biltrite Inc.
- Adchem Corporation
- Avery Dennison Corporation
- Saint Gobain
- Berry Plastics
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Growth Drivers:
Furthermore, growing product infiltration in business, particularly in the area of Asia Pacific is likely to tip to an augmented demand. The market is estimated to develop at a substantial CAGR for the duration of the prediction. The usage of the product for insulation is likely to record a CAGR of 4.3% for the duration of prediction, because of development in housing and commercial structures that regularly practice progressive insulation machineries, in that way directing to a greater demand for advanced materials like adhesive tapes.
Function Outlook:
- Bonding
- Barrier Protection
- Insulation
- Glazing
- Soundproofing
- Cable Management
Application Outlook:
- Flooring
- Walls & Ceilings
- Windows
- Doors
- Roofing
- Building Envelope
- Electrical
- HVAC
- Plumbing
Regional Outlook:
By the source of geography, the market for Adhesive tapes in North America is likely to observe development owing to increasing housing and commercial building in the U.S. Furthermore, customers in the economy have revealed a propensity to choose for cutting-edge products. The market is likely to record progress owing to the existence of wide-ranging and prearranged building & construction manufacturing.
In North America, the demand for dual sided products is likely to record progress because of growing opportunity for the application of the of the product. The products are expansively utilized in the attachment of door panels and can be utilized with extra bonding agent or in a separate capability. The usage of masking tapes in the area is mainly ruled by the application of barrier protection.
The business in Europe is likely to advantage from the retrieval of housing and commercial structure subdivisions. The development of industry in the area has openly interpreted into increasing demand for materials for example tapes. The area is likely to ingest 1,228.6-million-square meter of the product by the completion of year 2025.
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