Building and Construction Tapes Market Methodology:
Building and Construction Tapes Market Size Was Valued at USD 4.53 Billion in 2022, and is Projected to Reach USD 7.06 Billion by 2030, Growing at a CAGR of 5.7% From 2023-2030.
AkViS Intelligence Market Research offers comprehensive Building and Construction Tapes Market research studies, providing valuable insights and strategic guidance to businesses worldwide. We ensure reliability and accuracy in our reports for informed decision-making.
The keyword market research study ensures the highest level of accuracy and reliability as we precisely examine the overall industry, covering all the market fundamentals. By leveraging a wide range of primary and secondary sources, we establish a strong foundation for our findings. Industry-standard tools like Porter’s Five Forces Analysis, SWOT Analysis, and Price Trend Analysis further enhance the comprehensiveness of our evaluation.
Our study also discusses the complete keyword market ecosystem, explaining the various market stakeholders, their functions and interdependencies between them. Further, with an emphasis on comprehensive segmentation analysis and geographical coverage, the study enables a profound understanding of regional trends. Moreover, we explore external factors providing a comprehensive view of the market dynamics.
Building and Construction Tapes Market Dynamics:
The growth of the building and construction tapes market is driven by increasing need for effective and long-lasting adhesive solutions in construction projects. These tapes are crucial for sealing, bonding, and insulating tasks, minimizing the reliance on conventional fasteners and improving productivity. The demand for fast and efficient construction materials has increased due to urbanization and infrastructure development, especially in developing countries. The focus on energy-efficient buildings is also causing an increase in the use of specific tapes for thermal insulation and moisture resistance, which is further boosting the market’s growth.
Market Trends:
Sustainability is a major focus in the building and construction tapes industry, as manufacturers prioritize the creation of environmentally friendly, solvent-free, and recyclable tape options. In addition, there is an increasing trend towards tapes that have improved performance characteristics such as UV resistance, waterproofing, and fire retardancy, making them ideal for challenging construction settings. Moreover, the growing popularity of employing smart tapes equipped with sensors for monitoring structural health is receiving attention, especially in major infrastructure projects. Improvements in adhesive technologies are enhancing the longevity of tapes, enabling them to substitute conventional materials in a range of construction uses.
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Market Opportunities:
The increasing use of environmentally friendly construction methods offers great potential for the building and construction tapes industry. The increasing regulations on energy-efficient and eco-friendly building will lead to a higher need for tapes that offer insulation and lower energy usage. Growing infrastructure developments in developing nations provide chances for tape manufacturers to supply advanced products. Moreover, the shift towards prefabricated and modular construction creates new opportunities for the use of tape, as these techniques demand fast and effective bonding solutions that traditional fasteners may not always offer.
Building and Construction Tapes Market Segmentation:
By Product
· Double-Sided Tapes
· Masking Tapes
· Duct Tapes
· Others
By Application
· Flooring
· Walls & Ceiling
· Doors
· Roofing
· Electrical
· Others
By Function
· Bonding
· Protection
· Insulation
· Glazing
· Sound Proofing
· Others
By End-User
· Residential
· Commercial
· Industrial
By Distribution Channel
· Direct
· Indirect
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Building and Construction Tapes Market Key Players:
· 3M Company (US)
· Avery Dennison Corporation (US)
· Tesa SE (Germany)
· Nitto Denko Corporation (Japan)
· Intertape Polymer Group Inc. (Canada)
· Saint-Gobain Performance Plastics Corporation (France)
· Shurtape Technologies LLC (US)
· Scapa Group PLC (UK)
· Lintec Corporation (Japan)
· Berry Global Inc. (US)
· Advance Tapes International Ltd. (UK)
· Griff Paper and Film (US)
· Cantech Industries Inc. (Canada)
· Jonson Tapes Limited (India)
· Adhesive Applications Inc. (US)
· Pro Tapes & Specialties Inc. (US)
· ECHOtape (Canada)
· Kruse Adhesive Tape Inc. (US)
· NMC SA (Belgium)
· Dukkeo Tape Co. Ltd. (South Korea) and Other Major Players.
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Company Profiles and Competitive Analysis:
COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Building and Construction Tapes Market Share by Manufacturer (2024)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- ARIEL CORPORATION
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves and Recent Developments
- SWOT Analysis
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