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Wire Harness Tape Market: Anticipated Growth to US$ 417.4 Million by 2033, Fueled by a Robust 5.3% CAGR

09-22-2023 06:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Wire Harness Tape Market

Wire Harness Tape Market


In the intricate world of electronics and machinery, the significance of wire harness tape cannot be overstated. As a fundamental component of wiring solutions, wire harness tape plays a pivotal role in enhancing safety, organization, and longevity of electrical systems. This article dives deep into the Wire Harness Tape Market, shedding light on its importance, applications, and benefits.

Wire Harness Tape Market: Safeguarding Connections and Enhancing Performance

Wire harness tape, also known as electrical tape or wiring tape, is a specialized adhesive tape designed to insulate, bundle, and protect wires and cables. This essential component ensures that electrical connections remain secure, insulated from external factors, and well-organized within machinery, vehicles, appliances, and more.

In the upcoming year of 2023, the global wire harness tape market is poised to attain a substantial value of US$ 249.1 Million, and the forecast indicates a consistent growth pattern with a projected CAGR of 5.3% from 2023 to 2033. By the conclusion of this projection period, the market is expected to reach an impressive valuation of US$ 417.4 Million.

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Key Takeaways from the Wire Harness Tape Market Report

1. Based on material, the plastic wire harness tape segment is expected to grow 1.5 times the current market value during 2023-2033.
2. Rubber-based adhesive segment by adhesive type is set to increase 1.6x the current market value during the projection period from 2023 to 2033.
3. By application, the power cable segment is anticipated to register a CAGR of 5.6% during 2023-2033.
4. Sales of wire harness tapes are projected to expand at a CAGR of 6.0% during 2023-2033 in India.
5. China wire harness tape market is likely to generate a share of around 63% in East Asia during the evaluation period.

Competitive Landscape

Some of the recent key developments by leading players are as follows -

In July 2022, NITTO DENKO CORPORATION completed the acquisition of Mondi's personal care component business.
In November 2021, Yongle (AVERY DENNISON CORPORATION) launched new solutions for automotive and electrical applications.

Innovations Driving the Market Forward

The Wire Harness Tape Market continually evolves to meet the demands of modern technology. Innovations in tape materials, adhesive technologies, and manufacturing processes contribute to improved performance and versatility. Additionally, eco-friendly options are gaining traction, aligning with the global push towards sustainability.

The Key Players Are:

1. 3M Company
3. tesa SE
5. American Biltrite Inc.
6. Adhesive Specialities
7. Saint-Gobain S.A.
8. Scapa Company
9. others

Also, some of the other noticeable players in the market include Coroplast Tape Corporation, Global Industries Corporation, ACHEM, American Biltrite Inc., Pro Tapes LLC, and others.

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Wire Harness Tape Market Outlook by Category

By Material:

Metal (Foil)

By Adhesive Type:


By Thickness:

Less than 0.2 mm
0.2 - 0.3 mm
Above 0.3 mm

By Application:

Power Cables
Communication Cables
Industrial Cables

By Region:

North America
Latin America
South Asia
East Asia
Middle East & Africa

Find Other Packaging Report Here:

Cold Seal Paper Market:

Medical Packaging Market:

Advanced Packaging Market:

Contact Us:        

Nandini Singh Sawlani  

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries:
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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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