Login
Nov. 04, 2024
The global masking tape market is estimated to be valued at US$ 5,651.7 million in and is projected to reach US$ 8,800.8 million by . Revenue is anticipated to expand at a CAGR of 4.5% over the forecast period. The market was valued at US$ 5,358.7 million in .
Please visit our website for more information on this topic.
Attributes Key Insights Base Value, US$ 5,358.7 million Estimated Global Masking Tape Market Size (E) US$ 5,651.7 million Projected Masking Tape Market Value (F) US$ 8,800.8 million Value-based CAGR ( to ) 4.5%The market for masking tapes is expanding rapidly due to the building and construction sector's exponential growth. These tapes are becoming common in label resources even though their primary function is masking areas during painting.
The market for masking tapes is expected to surge due to the growing popularity of eco-friendly tapes among consumers. Environmentally friendly masking tape solutions called eco-tapes are being introduced by several masking tape manufacturers.
The packaging industry's rapidly increasing demand and the ongoing use of masking tapes in electric & hybrid vehicles are key factors propelling the markets expansion. Further, the growing medical industry in developing countries is projected to showcase growth prospects for the masking tape market.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global masking tape industry recorded a CAGR of 3.7% during the historical period. It reached a market value of US$ 5,358.7 million in from US$ 4,627.1 million in .
Masking tapes gained traction in several industries beyond the automotive sector as manufacturing processes changed, such as general manufacturing, electronics, and construction. The tapes were indispensable for jobs like labeling, painting, sealing, and packing.
Globalization led to an expansion of the masking tape market. Manufacturers started serving several markets and industries, resulting in a larger selection of goods with unique attributes to fulfill certain demands.
Masking tape production is among the industries where sustainability has become increasingly important in recent years. Manufacturers are investigating eco-friendly materials and manufacturing techniques to satisfy consumer demands and address environmental concerns.
The specialty and customized masking tape market grew, and producers responded by coming up with goods suited to particular sectors and uses. The need for tapes with special qualities for a range of application cases is reflected in this development.
The rising sales of masking tapes are prominently influenced by the growth of industries such as paint, automotive, building, and construction. These tapes are made of either plastic, paper, or rubber with pressure-sensitive adhesive on one side.
The masking tape market is expected to experience attractive growth during the forecast period. A novel estimation forecasts that sales are expected to rise from to . The market is predicted to expand 1.5 times the current value during the forecast period.
The table presents the expected CAGR for the masking tape market over several semi-annual periods spanning from to . In the first half (H1) of the decade from to , the market is predicted to surge at a CAGR of 4.2%, followed by a slightly higher growth rate of 4.3% in the second half (H2) of the same decade. Moving into the subsequent period, from H1 to H2 , the CAGR is projected to rise slightly to 4.7% in the first half and remain relatively moderate at 4.6% in the second half.
Particular Value CAGR H1 4.2% ( to ) H2 4.3% ( to ) H1 4.7% ( to ) H2 4.6% ( to ) Ismail SutariaPrincipal Consultant
Talk to Analyst
Find your sweet spots for generating winning opportunities in this market.
Advanced acrylic adhesive technology is a key trend in the masking tape market. This technology has replaced the traditional liquid & spray adhesives, mechanical fasteners, and other bonding and fastening systems. Advanced acrylic adhesives are set to be used in masking tapes to maintain stability and integrity, while the others tend to bleed at the edges.
Manufacturers from diverse industries, including painting, construction, and automotive, have started the adoption of these tapes to enhance the tapes performance. Acrylic adhesive-based masking tapes offer excellent resistance to temperature fluctuation, UV exposure, and aging. Consumers are adopting them for long-term uses, enhancing the diversity of applications.
The demand for masking tapes has significantly improved in recent years, driven by the growth of the automotive sector. For precision painting and detailing processes, masking tapes are projected to help automotive manufacturers to a greater extent.
The complexity of modern vehicle designs and the adoption of multiple colors in automotive are helping masking tape manufacturers to expand in the market. The growing adoption of luxury cars in regions such as the Middle East & Africa, and Asia Pacific, driven by economic growth, is also becoming a key factor for improving market growth.
Masking tapes are considered an efficient choice for consumers for several indoor activities. These tapes help consumers do the paint job with the utmost precision, even at sharp edges, due to their availability in extra-thin paper. Masking tapes can also be removed easily without making any residue on the surface.
The low tacking property of these tapes further enhances their application in diverse fields, including renovation, furniture, door, window, and decorative painting. The rising sustainable practice is projected to expand the demand for efficient, eco-friendly tape solutions. Hence, paper and rubber-based masking tapes are emerging as a prominent choice for modern consumers.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The table below shows the estimated growth rates of the top five countries. India, Brazil, and Japan are set to record high CAGRs of 5.7%, 4.0%, and 4.4%, respectively, through .
Countries CAGR United States 2.8% Brazil 4.0% Japan 4.4% Germany 3.2% India 5.7%The need for masking tapes in the United States comes from several industries, including manufacturing, DIY/home improvement, construction, and automobile. The market is expected to witness steady growth from these industries throughout the forecast period.
In the automotive industry, masking tapes are set to be frequently used for painting, sealing, and masking purposes. They are also necessary for construction-related jobs like surface protection and painting in the United States.
Both international and regional competitors are present in the United States masking tape market. Key players in the adhesive tape industry heavily influence the United States, such as 3M, Avery Dennison Corporation, and Intertape Polymer Group.
In Germany, adherence to business rules and regulations is essential. To retain their credibility in the market, manufacturers are expected to ensure that their products adhere to regulatory organizations' safety and quality requirements.
The market for masking tapes is growing amid the rise of e-commerce, especially in packing tapes used in shipping and logistics. The retail industry also plays a key role in pushing the need for masking tapes for do-it-yourself and home renovation projects in Germany.
The masking tape market likewise shows a trend toward a rising emphasis on eco-friendliness and sustainability. Manufacturers are projected to comply with customer expectations and company sustainability goals by implementing eco-friendly materials & procedures.
Link to Dewangtai
Additional resources:Disruptions in the supply chain and changes in customer behavior during lockdowns influenced the masking tape market in India. The market is set to exhibit a trend toward customization, with producers providing a wide selection of masking tapes designed to satisfy the unique needs of several sectors and uses.
Distributed via several routes, masking tapes are sold directly to industrial customers, distributors, and retailers. E-commerce sites are becoming increasingly crucial for the final-user distribution of masking tapes in India.
Japan is renowned for its dedication to industrial accuracy and quality. Tight adherence to industry norms and strict quality standards are anticipated to impact the masking tape market.
Japan is witnessing a rise in demand for specialty and customized masking tapes, in line with several trends.
Manufacturers are providing goods specially designed to satisfy the demands of several markets and uses. Advances in adhesive technologies have led to the creation of masking tapes with improved performance qualities, such as temperature resistance and durability, in the market.
In Brazil, as in other developed markets, there is a growing focus on sustainability. Manufacturers are investigating environmentally friendly materials and production techniques to satisfy customer preferences and address environmental concerns. The expansion of e-commerce platforms in Brazil is expected to influence the distribution patterns of the market.
The section below shows the plastic segment dominating by backing material type. It is predicted to surge at a CAGR of 4.6% by . Based on end-use, the building and construction segment is anticipated to generate a dominant share through . It is set to rise at a 4.7% CAGR by .
The plastic backing of masking tapes is renowned for being inexpensive, flexible, and resistant to dampness. Plastic tapes are frequently used for general-purpose masking and packing. Plastic has good durability, strength, and tear resistance. Applications where flexibility and strength must be balanced can benefit from using plastic tapes.
Plastic tapes provide good dimensional stability, chemical resistance, and heat resistance. They are set to be frequently employed in settings where robustness is essential, such as logistics and transportation.
Building and construction sectors use maximum masking tapes. This is because these tapes prevent overspray during the painting and coating process. Masking tapes provide a convenient method to paint specific areas. Furthermore, they ensure that paint or other substances are applied only to intended surfaces for better finishing.
Key companies in the masking tape market include Intertape Polymer Group LLC, Shurtape Technologies LLC, and tesa S.E. Group. Leading companies primarily focus on adhesive technologies, tear resistance, and eco-friendly formulations. Prominent manufacturers are also focusing on expanding their reach through mergers and acquisitions, allocating efforts toward new product releases simultaneously.
For instance,
The market is set to reach US$ 5,651.7 million in .
Demand for masking tape is slated to expand at a 4.5% CAGR by .
The market is set to reach US$ 8,800.8 million by .
3M Company, Nitto Denko Corp, and Ahlstrom Corporation are the key players.
The building and construction segment is estimated to lead the market in .
A masking tape consists of two layers:
The backing for the masking tape can be done with several types of material:
Due to the temporary tape's intent, the chosen adhesive must be carefully assessed depending upon the task. It should be residue-free, which limits the options.
There are four bases for adhesive:
Red Plating tape consists of a polyester backing and a silicone adhesive used on circuit boards during the tin/lead stripping and gold plating process.It may also be used to paint and varnish silicone paper films.Plating tapes can withstand acids, chemicals, and extreme temperatures.
Painter's tape is explicitly made to hide vehicle components that don't need to be painted.Masking tape ensures clean and crisp edges and prevents the paint from spilling, which is why it's now used for all types of professional and DIY painting.
High-temperature resistance tape consists of polyester film tape with a high-temperature-resistant adhesive. This tape is used in various electrical/electronic device production processes due to its intense heat resistance and electrical insulation.
Vinyl tape is also frequently known as insulating tape. Vinyl tapes are a type of pressure-sensitive tape used to insulate electrical cables and other conductors of electricity.
There are two major geometrical factors to consider when it comes to tapes: width and thickness.
The width of the tape is measured across predefined edges. For example, a narrow-width tape might be used for masking corners or tight spaces, whereas a wider tape might be required to cover large areas.
The distance between the tape's two flattened surfaces (carrier and adhesive) is measured in thickness. It is typically measured under pressure using a gauge and represented in mills or thousandths of an inch.
Masking tapes are widely used in high processes, including thermal spraying, shot anodizing, and electroplating. These tapes are available in many designs to suit their specific needs. Moreover, they are most commonly used to contrast colors and components during painting.
A few more masking-specific applications are listed below:
The following are benefits of masking tape:
To make sure you have the most beneficial outcome when purchasing masking tape from a masking tape supplier, it is important to compare at least 5 companies using our list of masking tape suppliers. Each masking tape supplier has a business profile page that highlights their areas of experience and capabilities and a contact form to directly communicate with the supplier for more information or request a quote. Review each masking tape business website using our patented website previewer to get an idea of what each company specializes in, and then use our simple RFQ form to contact multiple masking tape companies with the same form.
Are you interested in learning more about Masking Tape Wholesale(sr,es,it)? Contact us today to secure an expert consultation!
6 0 0
Join Us
Comments
All Comments ( 0 )