Growing Worldwide Construction Industry & Rising Demand for Easy and Fast Construction booming the Growth of Electrical Tapes Market

Market Research Future published a half cooked research report on global Electrical Tapes Market. The Electrical Tapes Market is expected to grow at a CAGR of around 5.2% during the period 2017 to 2023.

Market Highlights

Electrical tapes are used to insulate electrical wires and other materials that conduct electricity. Electrical tapes are available in a range of colors from standard black to other colors, which indicate the voltage level and phase of the wire. The physical and chemical properties of electrical tapes such as elasticity, resistance to high temperature, moisture, UV rays, high productivity, durability, and strength, increase their popularity, among consumers, which ultimately drives the demand of electrical tape market. However, fluctuations in raw material prices, may hamper the growth of market.

The global Electrical Tapes Market is projected to grow at a CAGR of 5.2% during the forecast period.

Request for Sample @ https://www.marketresearchfuture.com/sample_request/5010

Europe is a major region for the market. Increasing up gradation, repair and rehabilitation of the existing infrastructure, and power grids and distribution networks, are driving the growth of the market in Europe. Germany and U.K. are the major markets in Europe. Germany and U.K. are the major markets in Europe. The key players of the market have invested heavily in their research and development to develop the new, innovative and efficient electrical tapes. Also, they have been making major strategic decisions to impact the market. Recently, Intertape Polymer Group Inc. a leading manufacturer of packaging products and machinery, has launched its new eH20 Electric WAT Taper, which features a new roller wetting technology.

Key Players:

 Intertape Polymer Group (Canada)
 HellermannTyton (U.K.)
 3M Company (U.S.)
 Avery Dennison Corporation (U.S.)
 Polymouth Rubber Europa S.A. (Spain)
 Pro Tape & Specialities, Inc. (USA)
 Electro Tape Specialties, Inc. (U.S.)
 H-old s.p.a (Italy)
 Nitto Denko Corporation (Japan)
 PPM Industries UK Ltd. (U.K.)
 Euro Tape Pvt Ltd. (India)
 Godson Tapes Private Limited (India)
 Teraoka Seisakusho co.,Ltd. (Japan)

Access Report Details @ https://www.marketresearchfuture.com/reports/electrical-tapes-market-5010

Market Research Analysis:

Global electrical tapes market has been segmented based on types, applications and region. On the basis of types, the market has been segmented as PVC electrical tapes, cloth electrical tape, rubber tapes, polyester film tape and others. PVC electrical tapes are the most commonly used electrical tapes. They exhibit excellent mechanical properties, good insulation ability and high resistance to many chemicals, which ultimately increases the popularity of PVC electrical tapes, among consumers. Rubber tapes are used for heavy duty electrical purposes, these rubber tapes have the capability to withstand extreme temperature, pressure, voltage, moisture, corrosion and contaminants. Rubber tapes are expected to contribute significantly during the forecast period. Polyester tapes have excellent tensile strength and is works well with solvents and chemicals and are best to be used in extremely high temperatures. Polyimide tapes have good insulation properties. In electrical industries, these tapes are widely used for coil insulation and masking of powder coating. Made out of insulation adhesives, these Polyester tapes work well with solvents and chemicals, and are best to be used in extremely high temperatures.

On the basis of regions, Asia Pacific dominates the global electrical tape market in 2016, followed by North America and Europe. Asia Pacific is expected to grow at the highest CAGR during the forecast period. Increase in construction activities in countries such as China, Japan, India, and Indonesia, is the major factor fuelling the growth of the Asia Pacific market. North America is the second largest region for the market. It is expected to contribute significantly during the forecast period.

Of all applications, the building and construction industry is also expected to contribute significantly due to increasing construction activities, across the globe.

Scope of the Report:

This study provides an overview of the global electrical tapes market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global electrical tape market by its type, application and region.

By Type

• PVC Electrical Tape
• Cloth Electrical Tape
• Polyimide Tapes
• Rubber Tapes
• Polyester Film Tape
• Others

By Application

• Building and Construction
• Electrical/Electronic
• Aerospace
• Others

By Region

• North America
• Asia Pacific
• Europe
• Rest of the World

If Interested Please Ask for Discount @ https://www.marketresearchfuture.com/check-discount/5010

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

Thank You.

This release was published on openPR.