The paper masking tapes global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Paper Masking Tapes Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The paper masking tapes market size has grown strongly in recent years. It will grow from $1.89 billion in 2023 to $2.01 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to increasing demand for automotive refinishing, the rising popularity of home renovation projects, growth in the construction industry, increasing use of eco-friendly materials, and growth in the furniture manufacturing sector.
The paper masking tapes market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to increasing demand for eco-friendly packaging solutions, rising construction activities, growth in the automotive industry, increasing adoption of green manufacturing practices, and growth in the consumer electronics market. Major trends in the forecast period include the integration of advanced adhesive technologies, implementation of automated production processes, advancements in packaging design, integration of smart technologies, and adoption of digital marketing strategies.
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Scope Of Paper Masking Tapes Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Paper Masking Tapes Market Overview
Market Drivers –
The growth in the packaging industry is expected to propel the growth of the paper masking tapes market going forward. The packaging industry involves creating and utilizing materials and containers that safeguard, maintain, and facilitate the transportation of products. The growth in the packaging industry is attributed to rising consumer demand, innovations in technology, and an increase in e-commerce activities. In the packaging industry, paper masking tapes are utilized for sealing, bundling, and labeling packages, providing a sustainable and eco-friendly option due to their recyclable materials and easy removability. For instance, in November 2023, according to the International Trade Administration, a US-based government agency, an estimated packaging industry saw a 25% increase, rising from USD 710 million in 2021 to USD 906 million in 2022. Therefore, the growth in the packaging industry is driving the paper masking tapes market.
Market Trends –
Major companies operating in the paper masking tape market are developing plasma spray masking tapes to withstand extreme temperatures and harsh environments, ensuring better surface protection during plasma spraying processes. Plasma spray masking tape is specialized tape designed to withstand high temperatures and protect surfaces during plasma spray applications. For instance, in February 2024, Rogers Corporation, a US-based engineered materials company, launched DeWAL Plasma X spray masking tape, a specialized masking tape engineered for high-temperature applications, particularly in plasma spray processes. It consists of a paper backing coated with a strong silicone adhesive, making it ideal for environments involving grit blasting and thermal spraying. The tape’s construction allows for clean removal without leaving any residue behind, enhancing its usability in demanding applications where precision and cleanliness are essential.
The paper masking tapes market covered in this report is segmented –
1) By Type: Crepe Masking Tape, Washi Masking Tape, Flatback Paper Masking Tape, Kraft Paper Making Tape
2) By Adhesive Type: Rubber Based Adhesive, Acrylic Based Adhesive, Silicon Based Adhesive, Hot Melt Adhesives
3) By Application: Painting, Plating, Abrasive Blasting, High Temperature Application, Thermal Spraying, General Use
4) By Distribution Channel: Distribution Professional, Aftermarket Sales, Do It Yourself (DIY) Distribution
5) By End Use: Automotive, Building And Construction, Aerospace, General Industries, Other End Users
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Regional Insights –
Asia-Pacific was the largest region in the paper masking tapes market in 2023. The regions covered in the paper masking tapes marker report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the paper masking tapes marker are 3M Company, Nitto Denko Corporation, RS Group plc, Tesa SE, Essentra plc, Bagla Group, Shurtape Technologies LLC, Vibac Group S.p.A., Nichiban Co. Ltd., American Biltrite Inc., Crown Packaging International Inc., PPM Industries S.p.A, Sicad S.p.A., Advance Tapes International Ltd., Plymouth Rubber Europa S.A., Pro Tapes & Specialties Inc., FABO S.p.A., Cintas Adhesivas Ubis S.A., Can-Do National Tape Inc., Stamar Packaging Inc., Ahlstrom Corporation, NADCO Tapes & Labels Inc., PPI Adhesive Products Limited, Folsen Tapes, Primetac Corporation
Table of Contents
1. Executive Summary
2. Paper Masking Tapes Market Characteristics
3. Paper Masking Tapes Market Trends And Strategies
4. Paper Masking Tapes Market – Macro Economic Scenario
5. Global Paper Masking Tapes Market Size and Growth
…
32. Global Paper Masking Tapes Market Competitive Benchmarking
33. Global Paper Masking Tapes Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Paper Masking Tapes Market
35. Paper Masking Tapes Market Future Outlook and Potential Analysis
36. Appendix
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