17-Aug-2020 | Zion Market Research
As per Zion Market Research, the seam sealing tapes market was valued USD 210 million in 2019 and is projected to cross USD 321.6 million by 2026, with a CAGR of 7.2% by 2026. The development in the outdoor and sports apparel sector, due to the rising fitness activities and rising health awareness amongst users, is powering the development of the global market for seam sealing tapes in the coming period. Moreover, rise in requirement for protective accessories and clothing such as surgical/medical, military, and chemical protection clothes are powering the development of the global market.
The global market for seam sealing tapes is ruled by major players such as Essentra, Bemis Associates, Himel Corp., Toray Industries, Loxy AS, Sealon, DingZing, Gerlinger Industries, San Chemicals, and Adhesive Films. These companies have a wide product portfolio, proven brands, and a solid geographical existence.
The Polyurethane Category Predicted To Rule The Global Seam Sealing Tapes Market
The polyurethane category is expected to add up for the biggest share of the global market for seam sealing tapes from 2019 to 2025 and in terms of volume and value. This dominance is credited to its characteristics such as impact resistance, high abrasion, high flexibility, and water resistance. These properties have resulted in a rising preference for polyurethane in adhesives seam sealing tapes. The polyvinyl chloride is predicted to be the next-biggest category from 2019 to 2025 in terms of volume and value due to its different characteristics such as transparency, flexibility, water & oxygen barrier properties, and light.
The Multi-Layered Category To Clock Higher Development During The Forecast Period In The Seam Sealing Tapes Market
The various benefits of multi-layered tapes (such as excellent adhesion, superior waterproofing, and a broad series of use case scenarios) have added to the increased development of the multi-layered category in the global market. Its various applications comprise tents, apparels, footwear, tarpaulins, and backpacks, amongst others. The single-layered category is expected to clock lesser development during the coming future, due to the restricted applications of these tapes.
The Seam Sealing Tapes Market In Asia Pacific Expected To Clock The Max CAGR During The Forecast Period
Asia Pacific is expected to be the quickest-developing area in terms of value in the seam sealing tapes market. This high development is credited to the attendance of huge garment production hubs such as India, China, Indonesia, Vietnam, and Bangladesh in Asia Pacific. In addition to this, these nations are the biggest exporters of apparels and textile all over the world. Affordable labor and accessibility of locally created raw material put Asia Pacific as the preferable area to produce apparels and textile.
Browse the full “Seam Sealing Tapes Market - by Backing Material (Polyvinyl Chloride and Polyurethane), by Type (Multi-layered and Single-layered), and by Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026.” Report at https://www.zionmarketresearch.com/report/seam-sealing-tapes-market
The global seam sealing tapes market is segmented as follows:
By backing material
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