Press release
Top Factor Driving Fire Resistant Tapes Market Growth in 2025: Impact Of Rapid Construction Industry Growth On Fire-Resistant Tape Market
Fire Resistant Tapes Market Growth
The rapid growth of the construction industry is expected to boost the fire-resistant tapes market. This growth is driven by factors like urbanization, population increase, and the need for infrastructure such as housing, commercial buildings, and transportation networks. Additionally, government projects and technological advancements in construction are improving efficiency and sustainability. Fire-resistant tapes are used in construction to improve fire safety and comply with building regulations. For example, in February 2023, construction output in the UK grew by 5.6% in 2022, according to the Office for National Statistics. The construction industry's expansion will continue to drive the fire-resistant tapes market.
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What Is the projected market size and growth rate for the fire resistant tapes market?
The fire-resistant tapes market has grown steadily in recent years. It will rise from $0.81 billion in 2024 to $0.87 billion in 2025, at a CAGR of 7.4%. The market's growth can be linked to stringent safety regulations, heightened awareness, industrialization and urbanization, ongoing infrastructure development, and an increased occurrence of fires.
The fire-resistant tapes market is expected to reach $1.15 billion by 2029, with a CAGR of 7.2%. The growth is driven by demand from emerging economies, safety investments, healthcare sector demand, and end-user industry expansion. Trends include the integration of fire safety systems in smart buildings, smart technology use, material science advancements, and environmentally friendly materials.
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What new trends are reshaping the fire resistant tapes market and its opportunities?
Leading companies in the fire-resistant tapes market are enhancing materials and technologies to produce self-extinguishing and halogen-free tapes that meet stringent safety standards. Self-extinguishing and halogen-free tapes prevent fire spread and minimize harmful emissions. For example, in June 2022, Tesa Tapes Pvt. Ltd., a German company, launched flameXtinct, a self-extinguishing, halogen-free tape that meets fire safety standards and is applicable in industries like construction and transport for enhanced fire protection.
What major market segments define the scope and growth of the fire resistant tapes market?
The fire resistant tapes market covered in this report is segmented -
1) By Type: Nomex, Acetate, Polyphenylene Sulfide (PPS), Glass Cloth, Polyimide, Polyvinyl chloride (PVC), Other Types
2) By Coating Type: Single Coated, Double Coated
3) By End-Use Industry: Building And Construction, Electrical And Electronics, Automotive, Aerospace And Defense, Other End-Use Industries
Subsegments:
1) By Nomex: Coated Nomex Tape, Uncoated Nomex Tape
2) By Acetate: Heat-Resistant Acetate Tape, Flame-Retardant Acetate Tape
3) By Polyphenylene Sulfide (PPS): Reinforced PPS Tape, Non-Reinforced PPS Tape
4) By Glass Cloth: Silicone-Coated Glass Cloth Tape, Acrylic-Coated Glass Cloth Tape, Uncoated Glass Cloth Tape
5) By Polyimide: Single-Sided Polyimide Tape, Double-Sided Polyimide Tape
6) By Polyvinyl Chloride (PVC): Flame-Retardant PVC Tape, Heat-Resistant PVC Tape
7) By Other Types: Teflon (PTFE) Tape, Aluminum Foil Tape, Silicone Tape
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Which geographical regions are pioneering growth in the fire resistant tapes market?
Asia-Pacific was the largest region in the fire resistant tapes market in 2024. The regions covered in the fire resistant tapes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the fire resistant tapes industry growth?
Major companies operating in the fire resistant tapes market are Compagnie de Saint-Gobain S.A., 3M Company, Henkel AG & Co. KGaA, Berry Global Inc., E. I. du Pont de Nemours and Company (DuPont), Avery Dennison Corporation, Nitto Denko Corporation, H.B. Fuller Company, Boyd Corporation, tesa SE, ORAFOL Europe GmbH, Rogers Corporation, Lohmann GmbH & Co. KG, Shurtape Technologies LLC, Achem Technology Corporation, Permacel, CCT Tapes, Advance Tapes International Ltd., Tekra LLC, GERGONNE - The Adhesive Solution, AI Technology Inc., Scapa Group Ltd., Americover Inc., Tape-Pak Inc., Nichiban Co. Ltd.
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What Is Covered In The Fire Resistant Tapes Global Market Report?
•Market Size Forecast: Examine the fire resistant tapes market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the fire resistant tapes market for a structured understanding.
•Key Players Overview: Analyze major players in the fire resistant tapes market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the fire resistant tapes market.
•Segment Contributions: Evaluate how different segments drive overall growth in the fire resistant tapes market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the fire resistant tapes market.
•Industry Challenges: Identify potential risks and obstacles affecting the fire resistant tapes market.
•Competitive Landscape: Review strategic developments in the fire resistant tapes market, including expansions, agreements, and new product launches.
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