The Building And Construction Tapes Global Market Report 2023, provides comprehensive information on the building and construction tapes market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Building And Construction Tapes Market’s Growth:
The global building and construction tapes market size is expected to grow from $4.29 billion in 2022 to $4.48 billion in 2023 at a compound annual growth rate (CAGR) of 4.37%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of building and construction tapes market is expected to reach $5.39 billion in 2027 at a CAGR of 4.74%.
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Product innovation is the key trend gaining popularity in the building and construction tapes market. Major companies operating in the building and construction tapes market are developing innovative products to sustain their position in the market. For instance, in May 2021, Intertape Polymer Group Inc., a Canada-based packaging products and systems company, launched a flame-retardant polyethylene (PE) tape called PEFR. This innovative tape is designed for use in a variety of applications where flame-retardant materials are required to add a critical layer of fire protection. It is a heavy-duty tape that is suitable for use in hospitals, academic buildings, labs, shipyards, and construction sites where flame-retardant materials are necessary to add a vital layer of fire prevention security. Additionally, it is made of high-quality polyethylene that is strong, durable, and water-resistant and can be used in a variety of environmental conditions. It is repositionable during use without leaving a messy residue. It also increases fire safety and compliance with fire safety standards.
The building and construction tapes market is segmented:
1) By Product: Double-Sided Tapes, Masking Tapes, Duct Tapes, Other Products
2) By Backing Material: Polyvinyl Chloride (PVC), Polyethylene Terephthalate, Polypropylene, Foil, Polyethylene, Foam, Paper, Other Backing Materials
3) By Function: Bonding, Protection, Insulation, Glazing, Sound Proofing, Cable Management
4) By Application: Doors, Flooring, Roofing, Walls And Ceilings, Windows, Building Envelope, Plumbing, HVAC (Heating, Ventilation, And Air Conditioning), Electrical
5) By End Use: Commercial, Residential, Industrial
North America was the largest region in the building and construction tapes market in 2022.
The table of contents in TBRC’s building and construction tapes market report includes:
- Executive Summary
- Building And Construction Tapes Market Characteristics
- Building And Construction Tapes Market Trends And Strategies
- Building And Construction Tapes Market – Macro Economic Scenario
- Building And Construction Tapes Market Segmentation
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- Global Building And Construction Tapes Market Competitive Benchmarking
- Global Building And Construction Tapes Market Competitive Dashboard
- Key Mergers And Acquisitions In The Building And Construction Tapes Market
- Building And Construction Tapes Market Future Outlook and Potential Analysis
- Appendix
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