Painting Masking Tapes Market - Global Industry Analysis

Global Painting Masking Tapes Market: Overview

Painting masking tape as the name suggests is used in painting as it offers sharp and perfect edges without any chance of paint bleeding. These tapes are made up of crepe paper backing and consist of a water repellent surface which prevents crinkling and ruining the quality of the line edge when a water-based paint is been used by the painter.

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Global Painting Masking Tapes Market: Growth Factors

The global painting masking tapes market is growing exponentially. Factors such as rapid urbanization, increasing construction activities, expansion of the automotive industry at a faster pace, and rise in demand for painting masking tape from the paints & coating industry are spurring the growth of the global painting masking tapes market. Specifically, painting masking tapes are highly preferable for outdoor as well as indoor projects due to their several benefits. This includes good adhesion, easy to use, easy unwind, easy removal from delicate surfaces without any residue, multi-surface performance, and most importantly provides the perfect finish. The painting masking tapes are also ideal to be used for a wide range of surfaces and are available in different sizes as per the requirement of the user. These factors are also contributing to the overall growth of the global market. Moreover, a surge in the use of painting masking tapes in metal production facilities, an increase in DIY activities supported by streaming platforms, and speedy growth in the aerospace industry are some of the aspects that are also driving the growth of the market. Furthermore, an increase in R&D activities by the key players to offer painting masking tapes with weather and heat resistance features are likely to boost the growth of the global painting masking tapes market during the forecast period. However, fluctuations in the cost of raw material and the high price of the painting masking tapes compared to other masking tapes may hold back the growth of the global painting masking tapes market.

The Covid-19 pandemic has severely hit the industrial sector resulting in a global economic crisis. Globally, the virus infected millions of people, and hence most governments across the world announced emergency alerts and imposed complete lockdown and restriction on movement to control the spread of the infection. Thus, the manufacturing units of several industries were shut down temporarily in the first half of the year 2020. The construction activities were also ceased. Hence, the demand for the painting masking tapes from its end-users dropped down substantially. All these factors hampered the growth of the global painting masking tapes market amid the Covid-19 pandemic. Also, the second and third waves of the coronavirus in some of the countries might affect the market growth but the impact may not be as harmful as that in the year 2020 due to the regulations put forth taking into account the economic growth.

Global Painting Masking Tapes Market: Segmentation

The global painting masking tapes market is segregated based on adhesive, backing material, end-user, and region. Based on adhesive, the global painting masking tapes market is fragmented into rubber-based, acrylic-based, and silicon-based. The backing material segment is bifurcated into plastic, paper, and foam. Based on the end-user, the global market is divided into general industrial & DIY activities, automotive, aerospace, building & construction, and others.

Global Painting Masking Tapes Market: Regional Analysis

Among the regions, Asia Pacific is anticipated to lead the global painting masking tapes market and retain its dominance over the forecast period. Factors such as the rise in construction projects, the large number of manufacturing units present in China, and rapid industrialization are fueling the growth of the market in this region. North America is estimated to hold the second most position in the market. This is attributed to the expanding automotive & aerospace sectors and the presence of heavy industries. Europe is also expected to contribute a significant share in the growth of the market.

Global Painting Masking Tapes Market: Competitive Players

The global painting masking tapes market is highly fragmented. The key players operating in the market are Saint-Gobain Performance Plastics Corporation, 3M Company, Scapa Group PLC, Berry Global, Inc., Bolex (Shenzhen) Adhesive Products Co. Ltd., Nitto Denko Corp, Shurtape Technologies LLC, Scapa Group PLC, Nitto Denko Corp, Beiersdorf Aktiengesellschaft, and Intertape Polymer Group, Inc., among others.

Global Painting Masking Tapes Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.