openPR Logo
Press release

Repairing to Remain Dominant Application of Utility Grade Duct Tapes in Global Market

08-06-2018 01:08 PM CET | Associations & Organizations

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Repairing to Remain Dominant Application of Utility Grade Duct

The global utility grade duct tapes market is prognosticated to witness a steady growth in the coming years, according to Transparency Market Research (TMR). According to the report, the vendors in construction and packaging are expected to find diverse applications in utility grade duct tapes, promoting their uptake and production. The leading players in the global utility grade duct tapes market are Pro Tapes and Specialties Inc., Tesa SE Group, Bolex (Shenzhen) Adhesive Products Co. Ltd., Intertape Polymer Group Inc., and 3M Company. Vendors operating in the global utility grade duct tapes market are expected to compete in terms of product differentiation, pricing and their product portfolio. Due to low investment costs, a number of vendors are entering the market easily, and are focusing on inorganic growth strategies.

Request a PDF Brochure with Future Analysis @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=33323

Based on application, the segment dedicated to repair is prognosticated to account for nearly 33% of the market revenue over the forecast period. The high adhesive powers, easy applicability and availability of advanced alternatives are the desirable features of the product playing a key role in promoting this application segment to the lead.

Considering geographical segmentation, Europe is expected to emerge as the dominant contributor in the global utility grade duct tapes market, with a 3.7% CAGR. The supremacy of this region may be attributed to the rising demand and popularity of do-it-yourself (DIY) applications in the region over the forecast period.

Emerging Industrial Applications to Boost Product Demand

On account of their high tacking capabilities, utility grade duct tapes are largely utilized for sealing and marking purposes in a number of industries such as automotive, building and construction, electrical & electronics and some other industrial purposes. Utility grade duct tapes, manufacturers are also being used to seal heavy duty boxes, for packaging and wrapping different products.

Obtain Report Details @ https://www.transparencymarketresearch.com/utility-grade-duct-tapes-market.html

Apart from some highly specific and industrial applications, duct tapes are also used in everyday household activities such as repairing the broken parts of furniture or any tool. Some other common uses of the product include padding and protective sheeting, and securing flooring and carpets, etc.

Utility grade tapes prove to be highly efficient in packaging of goods on account of their low tack adhesion on cardboard and difficult contours. The booming building and construction across the globe is expected to heavily impact the growth in use of utility grade duct tapes over the years to come. Duct tapes have become a preferred option for many household and industrial operations instead of mastic fluids due to the ease in application.

About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Contact TMR

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Repairing to Remain Dominant Application of Utility Grade Duct Tapes in Global Market here

News-ID: 1163988 • Views:

More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 - Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 …
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth. Uncover essential discoveries and trends from
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Radiopharmaceuticals to Propel Market Expansion | Transparency Market Research, Inc
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra …
The global Technetium‐99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth. Discover essential conclusions and data from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100 Analysts' Viewpoint The Technetium‐99m
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to US$ 280 Million by 2030, Driven by Rising Equine Diseases and Diagnostic Advancements
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to …
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equine
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of 6.1%
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of …
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,

All 5 Releases


More Releases for TMR

Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031. The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer. To evaluate the nature of the gases and their potential threats, dissolved gas
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future. Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200 Among regions, North America,
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market. Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000 The
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to