Press release
Painting Masking Tapes Market - Paper Backing Material Stands Out with Colossal Expected Revenue Growth
The global painting masking tapes market is foretold to expect high growth prospects while riding on the rise of attractive end-use sectors such as automotive and building and construction. Even though general purpose painting masking tapes may not find the same demand in the real estate sector, specialized products such as those used for abrasive blasting could significantly up the growth of the market in the near future. The rise of automotive manufacturing and metal production could concurrently increase the demand for painting masking tapes. The surge in the sales of automobiles due to rising disposable income is expected to make some contribution to the market.According to experienced researchers, the global painting masking tapes market is foreseen to rise at a CAGR of 5.7% during the forecast period 2017–2022. The market could obtain a revenue valuation of US$3.3 bn by the end of 2022 after progressing from a US$2.5 bn achieved in 2017.
Get an exclusive sample of this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=32714
The world painting masking tapes market is anticipated to be classified into foam, plastic, paper, and others, according to type of backing material. Out of these markets for painting masking tapes, paper is prognosticated to garner a lion’s share by the end of the forecast period. As per the analysts, the paper market could be valued at a US$2.7 bn by the completion of 2022. The annual absolute growth attained by this segment could surpass that of any other in the same segmentation class. Between 2017 and 2022, paper could grow at a US$0.1 bn annually.
With respect to end use, the segmentation of the world painting masking tapes market is predicted to include automotive, building and construction, aerospace, and general industrial and do-it-yourself (DIY) activities. In terms of type of adhesive, there could be crucial segments such as silicon-based, acrylic-based, and rubber-based adhesives contributing to the market.
Browse Press Release of this Research Report @ https://www.transparencymarketresearch.com/painting-masking-tapes-market.html
North America Dominates with Market Attractiveness and APEJ with Faster CAGR
On the basis of geographical classification, the international painting masking tapes market is envisaged to witness the faster growth of Asia Pacific except Japan (APEJ) on the back of its 7.8% expected CAGR. However, North America showcased its dominance in the market in 2017 and is envisioned to be counted among the most attractive regions until the final forecast year while expanding at a 4.0% CAGR. Next on the list of lucrative regions could be Europe projected to be valued at a US$0.7 bn by 2022 end.
However, the Middle East and Africa (MEA) and Japan could grow at a lethargic pace, where the former is forecasted to create an absolute revenue opportunity of US$0.07 bn and the latter to lose 8 basis points (BPS) by 2022 over 2017.
Some of the most prominent players operating in the worldwide painting masking tapes market could be 3M Company, Berry Global, Inc., Nitto Denko Corp, Saint-Gobain Performance Plastics Corporation, Scapa Group PLC, Intertape Polymer Group, Inc., Beiersdorf Aktiengesellschaft, Shurtape Technologies LLC, Bolex (Shenzhen) Adhesive Products Co. Ltd., and Advance Tapes International Ltd.
About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact TMR
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.co
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Painting Masking Tapes Market - Paper Backing Material Stands Out with Colossal Expected Revenue Growth here
News-ID: 781391 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
