Silicone Tapes Market: Overview
For the production of the silicone tapes, cured silicone rubber is required which is an elastomer that gives durability and extended life. It has a thin layer of silicone gel so that it fuses with itself in order to bond permanently around any substance. The silicone tapes are also called as self-amalgamating, self-vulcanizing, or silicone gel tapes.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Silicone Tapes Market: Facts
The market player Parafix provides a wide range of silicone bonding collections of the products such as silicone/acrylic differential double coated tapes and several types of double coated tape calipers that satisfies the design needs which is very much essential since the product designs become slimmer.
Silicone Tapes Market: Segmentation
The global market for the silicone tapes is fragmented into its application and product type. Based on the application, the global market is segregated into UV protection, insulation from high voltage electric currents, low-pressure leak stoppage, wire harnessing, plumbing repairs, damaged wiring repairs, wrapping purposes, cable management, weatherproofing, medical use, corrosion prevention, sector identification, vibration reduction, grip applications to tools, emergency repairs, and seal electrical connections. Based on the product type, the market is categorized into inorganic and organic silicone tapes.
Silicone Tapes Market: Growth Factors
The growth in the chemical industry is a supporting factor for the growth of the silicone tapes market. There is an increased application of silicone tapes in the chemical industry such as in storage, detecting the leakage of the hydrogen gas during the production and in transmission. In several end-user industries, the silicone tapes find an increased application on the connections, flanges, valves, joints, and in areas that are prone to the vibration damage. In the medical sector also there is an increased usage of the silicone tapes such as it reduces the skin damage on the patients that have delicate skin. The developments that are made in the silicone tapes such as high stretchability, resistance to high temperatures and salts, high voltage insulating capabilities, and corrosive to oils and chemicals are fuelling the growth of the market. The advantage of using the silicone tape over the conventional tapes are silicone tapes do not use the adhesives but bonds chemically thus increasing its demand.
Silicone Tapes Market: Regional Analysis
Depending on the regional segmentation, the regions that are included in the silicone tapes market are North America, Asia Pacific, Western Europe, Latin America, the Middle East and Africa, and Eastern Europe. The region that is dominating the silicone tapes market is North America. Owing to its increased usage in the various end-user industries its demand is increasing. Other regions such as Asia Pacific and Europe are also experiencing a good rate of market growth.
Silicone Tapes Market: Competitive Players
The key market players that are involved in the silicone tapes market include Midsun Specialty Products, Harbor Products, Inc., Cardinal Health, Cardinal Health, Engineering Adhesives & Lubricants (Aust) Pty. Ltd., 3M Company, Scapa Group PLC, Permoseal, Permatex, and Tekra.
Silicone Tapes Market: Regional Segment Analysis
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