openPR Logo
Press release

Electrical Tape Market Size (US$ 17.5 Billion) | Industry Growth Report 2023-2028

03-14-2023 08:12 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Electrical Tape Market Research & Forecast Report 2023-2028

Electrical Tape Market Research & Forecast Report 2023-2028

According to the latest report by IMARC Group, titled, "Electrical Tape Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global electrical tape market size reached US$ 13.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.5 Billion by 2028, exhibiting a growth rate (CAGR) of 4.60% during 2023-2028.

Market Overview:

Electrical tapes or electrical insulation tape are pressure-sensitive strips specifically designed for electrical applications. They are produced using fabric, vinyl, or polymer materials that can be easily wrapped around cables, and wires, to protect them from moisture and damage. They are fireproof, flexible, cost-effective, durable, easy to use and provide effective insulation against electricity. In addition, they offer excellent resistance to various external factors such as heat acids, dust, temperature, moisture, solvents, and ultraviolet (UV) rays, prevent damage to electrical components, and minimize the risk of electrical hazards. Owing to these benefits, electrical tape is gaining immense traction across the electrical, industrial, and aerospace sectors.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/electrical-tape-market/requestsample

Electrical Tape Market Trends and Drivers:

The market is primarily driven by the increasing penetration of consumer electronics across the globe. In addition, the escalating demand for electrical tape over traditional tapes owing to their qualities, such as dielectric strength, user-friendliness, heat resistance, and safety, is contributing to the market growth. Moreover, the expanding aerospace and automotive sector, and the increasing sales of electric vehicles (EVs), represent another major growth-inducing factor. Electrical tape is extensively employed for safeguarding electrical components and wire harnessing in engine compartments, safety systems, infotainment, and spark plugs. Besides this, the widespread product application in the construction industry to insulate electrical splices, rebuild strands, and shield electrical connections on high-voltage wires and wire jacketing is providing a positive thrust to the market growth. Furthermore, the growing environmental awareness, implementation of various government initiatives to encourage the use of sustainable materials and recycling practices, the rising demand for eco-friendly sustainable pressure-sensitive electrical tapes that can be recycled and emit fewer volatile organic compounds (VOCs), and the extensive research and development (R&D) activities are other factors creating a favorable market outlook.

Electrical Tape Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

3M Company
A&G Manufacturing Co. Inc.
Denka Company Limited
Electro Tape Specialties Inc.
HellermannTyton (Aptiv PLC)
Intertape Polymer Group Inc.
Nitto Denko Corporation
Parafix Tapes & Conversions Ltd.
Plymouth Rubber Europa S.A.
PPM Industries UK Ltd. (PPM Industries SpA)
ProTapes & Specialties Inc. (Shurtape Technologies LLC)
Scapa Industrial
tesa SE (Beiersdorf AG), etc.

The report has segmented the market based on material, and application.

Material Insights:
PVC Tapes
Glass Cloth Tapes
PET Tapes
Others

Application Insights:
Electrical and Electronics
Aerospace
Industrial
Others

Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

Ask Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/electrical-tape-market

Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Top Trending Reports (Book Now with 10% Discount):

Metal Foil Tapes Market- https://www.openpr.com/news/2758278/metal-foil-tapes-market-size-upcoming-trends-future

Microcontroller Market Report- https://www.openpr.com/news/2915003/microcontroller-market-size-to-reach-us-38-9-billion

Wafer Level Packaging Market Report- https://www.openpr.com/news/2914760/wafer-level-packaging-market-to-touch-us-11-2-billion-by-2027

Smart Oven Market Report- https://www.openpr.com/news/2894918/smart-oven-market-size-share-revenue-analysis-and-forecast

Contact us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA 
Website: https://www.imarcgroup.com/
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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 Electrical Tape Market Size (US$ 17.5 Billion) | Industry Growth Report 2023-2028 here

News-ID: 2973614 • Views:

More Releases from IMARC Group

School Bag Manufacturing Plant Project Report 2024: Business Plan and Raw Material Requirements | IMARC Group
School Bag Manufacturing Plant Project Report 2024: Business Plan and Raw Materi …
IMARC Group's report titled "School Bag Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a comprehensive guide for establishing a school bag manufacturing unit. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging, and transportation requirements, and more. In addition
Non Woven Fabric Manufacturing Plant Project Report 2024: Business Plan, Cost and Raw Material Requirements
Non Woven Fabric Manufacturing Plant Project Report 2024: Business Plan, Cost an …
IMARC Group's report titled "Non-Woven Fabric Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a comprehensive guide for establishing a non-woven fabric manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more. In addition to
Coffee Premix Manufacturing Plant Project Report 2024: Setup Details, Machinery Requirements and Cost Analysis
Coffee Premix Manufacturing Plant Project Report 2024: Setup Details, Machinery …
IMARC Group's report titled "Coffee Premix Manufacturing Plant Project Report 2024: Industry Trends, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue" provides a comprehensive guide for establishing a coffee premix manufacturing plant. The report covers various aspects, ranging from a broad market overview to intricate details like unit operations, raw material and utility requirements, infrastructure necessities, machinery requirements, manpower needs, packaging and transportation requirements, and more. In addition to
Greek Yogurt Market Size, Industry Share, Trends, Growth, Demand, Outlook, and Report 2024-2032
Greek Yogurt Market Size, Industry Share, Trends, Growth, Demand, Outlook, and R …
The latest report by IMARC Group, titled "Greek Yogurt Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032," offers a comprehensive analysis of the greek yogurt market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry. The global greek yogurt market size reached US$ 9.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.4 Billion by

All 5 Releases


More Releases for Tape

Polyimide Tape (Kapton Tape) Market Overview by 2025: QY Research
Global Polyimide Tape (Kapton Tape) market report is first of its kind research report that covers the overview, summary, market dynamics, competitive analysis, and leading player’s various strategies to sustain in the global market. This report covers five top regions of the globe and countries within, which shows the status of regional development, consisting of market value, volume, size, and price data. Apart from this, the report also covers detail
Global Safety Tapes (Warning Tape) Manufacturers, Global Safety Tapes (Warning T …
Global Safety Tapes (Warning Tape) Market Description:- Wiseguyreports.Com Adds “Global Safety Tapes (Warning Tape) market 2018: Global Analysis, Industry Size, Share, Trends, Application Analysis and Growth Opportunities Forecast to 2023” To Its Research Database The global Safety Tapes (Warning Tape) market will reach xxx Million USD in 2017 and CAGR xx% 2011-2017. The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of
Global Kinesiology Tape Market 2017 - SpiderTech, Healixon, Mueller, KT TAPE, Ro …
The report studies Kinesiology Tape in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022 Download Free Sample Report @ https://www.fiormarkets.com/report-detail/15196/request-sample The research report titled Kinesiology Tape has adopted an analytical approach to evaluate the dynamics of the Kinesiology Tape market. It provides a detailed analysis comprising an in-depth research on the
PVC Tape Market 2017- 3M, Tesa Tape, Surface Armor, NITTO DENKO, TUFTAPE FZCO, S …
MarketReports.biz, recently published a detailed market research study focused on the "PVC Tape Market" across the global, regional and country level. The report provides 360° analysis of "PVC Tape Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PVC Tape industry, and estimates the future trend of PVC Tape market on
Find How Global Polyimide Tape (Kapton Tape) Industry Performing Worldwide?
“Global Polyimide Tape (Kapton Tape) Market Research Report 2016”Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. The Global Polyimide Tape market research report analyzes this market on the basis of its market segments, major geographies and current market trends. Geographies studied in this research report are North America, Asia Pacific, Europe, and Rest of the world. This report provides an all-inclusive examination of the market growth drivers, factors influencing and limiting market
Heat Shrink Tape, Insulation Tape, Medium Voltage Insulation Tape, Protection Vo …
Yamuna power offers the Heat Shrink Tape with various features such as Reduces bus bar clearance requirements, Protects against accidental flash over, Halogen free, Shrink at Temperature: 120o C, Anti-track and many more. The heat shrink tape to mend holes and attach cables. This is called the heat shrink cable because it shrinks after heat is applied to it. the tape is based on the compressive principle so that it