Press release
Electrical Tapes Market 2018 Analysis Report - Global Size, Trends, Growth, And Regional Forecast To 2023
Electrical Tapes Market Research Report 2018 - Global Industry Forecast to 2023, is published report on Global Electrical Tapes Industry Analysis. Global Electrical Tapes Market Size growing at the CAGR of 5.52%. The report offers insights on the leading market players and evaluates their current market share.Get Sample Copy On "Electrical Tapes Market Research Report- Global Forecast to 2027"at: https://www.marketresearchfuture.com/sample_request/5010
Key Industry Players In Electrical Tapes Market Studied in Report Are:
The key players in global electrical tapes market are Avery Dennison Corporation (U.S.), Intertape Polymer Group Inc. (Canada), HellermannTyton (U.K), The 3M Company (U.S.), Nitto Denko Corporation (Japan), Teraoka Seisakusho Co., Ltd. (Japan), Plymouth Rubber Europa, S.A. (Spain), ProTapes & Specialties, Inc. (U.S.), Electro Tape Specialties, Inc. (U.S.), H-old S.P.A (Italy), PPM Industries UK LTD (U.K), Euro Tapes Pvt. Ltd (India), Godson Tapes Private Limited (India), and Parafix Tapes & Conversions Ltd. (U.K).
Market Scenario:
Manufacturers of electrical tapes offer a comprehensive portfolio of cloth, PVC, polythene, foil, masking, and double-sided tapes for indoor and outdoor applications, which have been developed for every trade throughout the construction or repair process. Considering the influence of the construction industry in boosting the market's growth, rising demand for electrical tapes has been witnessed in the Asia Pacific region. China, India, and South Korea are some of the countries that are witnessing economic growth, particularly in the building and construction industry, further highlighting the potential for this market on the global platform.
Market Segmentation:
The electrical tapes market is segmented on the basis of type, application, and region. On the basis of type, the maximum market share is possessed by the PVC electrical tape. Polyvinyl chloride is a thermoplastic polymer that possesses excellent mechanical properties, better insulation ability, and higher resistance to chemicals used in industrial applications. PVC electrical tapes are ideal products for masking during the chemical plating process. The cloth electrical tape is the second highest revenue generating type. Cloth electrical tapes have the least dielectric strength. However, they have excellent mechanical properties, which are required for wrapping small electrical components and coil windings and fixing and repairing cables or electrical equipment. Rubber tapes are the third largest revenue generating type of tape. Rubber tapes are shelf stable tapes that possess excellent electrical properties. These wires can be stretched to a great extent, without affecting their physical and electrical properties. PVC electrical tape accounted for the largest market share in 2017 and is estimated to witness a CAGR of 6.02%.
Regional Analysis:
Asia Pacific has consistently dominated the market during the forecast period because the sales of electrical tapes are the highest in this region. There is a substantial increase in the number of industries operating in the automotive, construction, electronics, and healthcare sectors. This rise will lead to the increased requirement of wiring harness and other electrical components, which, in turn, would lead to a rise in the need for electrical insulation. Thus, the demand for electrical tapes in the Asia Pacific region is more compared to other regions. The global electrical tapes market in Asia Pacific is estimated to witness a CAGR of 5.67% during the forecast period and holds the largest market share.
Major Table of Content:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter's Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Bargaining Power Of Suppliers
3.1.4 Threat Of Substitutes
3.1.5 Segment Rivalry
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continued…
Browse more details on “Electrical Tapes Market Industry Research Report – Forecast to 2023” at: https://www.marketresearchfuture.com/reports/electrical-tapes-market-5010
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