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2025-2034 Acrylic-Based Masking Tapes Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Acrylic-Based Masking Tapes Market Through 2025?
There has been significant growth in the market size of acrylic-based masking tapes in the past few years. Its market is predicted to increase from $55.23 billion in 2024 to $59.61 billion in 2025, showing a compound annual growth rate (CAGR) of 7.9%. This appreciable development during the historic period is due to the rising demand in the automotive industry, the escalating acceptance in construction, the expansion in industrial applications, an increase in its utilization in packaging, and the continuous growth in the electronics industry.
What's the Projected Size of the Global Acrylic-Based Masking Tapes Market by 2029?
The market size for acrylic-based masking tapes is projected to witness significant expansion in the forthcoming years, reaching $80.02 billion by 2029 with a compound annual growth rate (CAGR) of 7.6%. The surge predicted in the specified period can be associated with several factors including the growing demand in the automotive sector, expansion in the packaging sector, its growing usage in electronic manufacturing, the escalating requirement for high-performance tapes, and a heightened awareness of adhesive solutions. Notable trends within the forecast period encompass the adoption of eco-friendly adhesives, the incorporation of advanced adhesive technologies, the creation of tapes that can withstand high temperatures, advancements in long-lasting backing materials, and the prevalence of multi-purpose tapes.
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Top Growth Drivers in the Acrylic-Based Masking Tapes Industry: What's Accelerating the Market?
The growth of the acrylic-based masking tapes market is anticipated to be driven by their increasing use in construction. This surge in construction activities is due to expanding urbanization, infrastructure development, and a heightened demand for residential and commercial premises. Acrylic-based masking tapes find their application in construction for accurate surface protection, offering robust adhesion and weather resistance during painting and completion tasks. For example, the Office for National Statistics (ONS), a government department in the UK, reported in November 2023 that construction measurements displayed substantial growth in 2022, with an increase of 15.8% in total new work and 11.4% in new orders compared to the preceding year. Consequently, the escalating application in construction is fuelling the growth of the acrylic-based masking tapes market.
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What Trends Will Shape the Acrylic-Based Masking Tapes Market Through 2029 and Beyond?
Prominent enterprises in the acrylic-based masking tapes market are steering towards producing recycled masking tapes to promote sustainability and satisfy the increasing consumer preference for eco-friendly solutions. Sourced from reprocessed materials, recycled masking tape provides an environmentally friendly alternative, retaining the same adhesive capability as conventional tape. For example, Tesa SE, a firm specializing in adhesive product manufacturing based in Germany, unveiled its 60412 recycled PET packaging tape in August 2022. This tape, targeting packages up to 30 kg, fits both manual and automatic dispensers. It is marked by its resistance to abrasion, pressure-responsive acrylic adhesive compatible with recycled cardboard, and quiet unwinding feature, underlining its eco-profitable performance.
What Are the Main Segments in the Acrylic-Based Masking Tapes Market?
The acrylic-based masking tapesmarket covered in this report is segmented -
1) By Type: Single Side, Double Side
2) By Backing Materials: Plastic, Paper, Foam, Other Backing Materials
3) By Application: Automotive, Building And Construction, Healthcare, Electrical And Electronics, Packaging, Aerospace, Other Applications
Subsegments:
1) By Single Side: General Purpose Tapes, High-Temperature Tapes, Low-Tack Tapes
2) By Double Side: Heavy-Duty Tapes, Foam Tapes, Removable Tapes
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Which Top Companies are Driving Growth in the Acrylic-Based Masking Tapes Market?
Major companies operating in the acrylic-based masking tapes marker are Berry Global Inc., Avery Dennison Corporation, Mas Corporation, Nitto Denko Corporation, Uline Inc., TESA SE, ORAFOL Europe GmbH, Lohmann GmbH & Co. KG, 3M India Limited, Mirka India Private Limited, Mactac Americas LLC, Caplugs Inc., Nichiban Co. Ltd., Cortec Corporation, Adhesives Research Inc., Tapecon Inc., Cantech Industries Inc., Adhesive Specialities, TapeCase Ltd., Ajit Industries Private Limited, JTAPE Limited, Sumax Engineering Private Limited, KOVAX Corporation, Morris Products Inc., Seal King Industrial Co. Ltd
Which Regions Will Dominate the Acrylic-Based Masking Tapes Market Through 2029?
Asia-Pacific was the largest region in the acrylic-based masking tapes market in 2024. The regions covered in the acrylic-based masking tapes marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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