Press release
Double-Sided Masking Tapes Market Report 2024-2033 | By Size, Share, Trends, Growth Opportunities, overview
Double-Sided Masking Tapes Market
The Business Research Company presents an extensive market research report on the ""Double-Sided Masking Tapes Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Double-Sided Masking Tapes industry. This report on Double-Sided Masking Tapes market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The double-sided masking tapes market size has grown strongly in recent years. It will grow from $12.33 billion in 2023 to $13.1 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to automotive industry demand, electronics and PCB manufacturing, construction and building applications, industrial and manufacturing needs, and efficient bonding solutions. The double-sided masking tapes market size is expected to see strong growth in the next few years. It will grow to $17.25 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.
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Key Market Players:
3M, Intertapes Polymer Group, Shurtape Technologies LLC, TesaTapes Private Ltd., Nitto Denko Corp, Lintec Corporation
Market Drivers:
According to the Double-Sided Masking Tapes Market Report 2024 by The Business Research Company, The growing penetration of the construction sector is expected to propel the growth of double-sided masking tapes. Double-sided masking tapes are used to resist the material from corrosion and keep the material surfaces clean and smooth and provide sealing function protection against environmental elements during construction. Due to these characteristics, the construction industry has gradually used double-sided masking tape for outdoor and indoor applications. For instance, in September 2021, according to the Global Construction Outlook report by Marsh, a UK-based Insurance company stated that between 2020 and 2030, the global construction market is expected to grow by $4.5 trillion.
More information about the Global Double-Sided Masking Tapes Market Report -
https://www.thebusinessresearchcompany.com/report/double-sided-masking-tapes-global-market-report
Market segments for Double-Sided Masking Tapes include:
1) By Product Type: Silicon-based Adhesive, Acrylic-based Adhesive, Rubber-based Adhesive
2)By Application: Painting, Plating, Abrasive Blasting, High-Temperature Applications, Other Applications
3) By End-User: Automotive, Building and Construction, Healthcare, Electrical and Electronics, Packaging, Aerospace, Other End-users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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