According to a market report by Lucintel, the future of the global surface protection tapes market looks promising with opportunities in the electronics & appliance, building & construction, and automotive markets. The global surface protection tapes market is expected to reach an estimated $20.4 billion by 2030 from $13.0 billion in 2024, at a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are increasing number of infrastructure development initiatives in emerging nations, including rural housing projects and urban expansion initiatives, rapid urbanization around the globe, as well as, strong economic expansion and rise in living standards of people.
A more than 150-page report to understand trends, opportunity and forecast in surface protection tapes market to 2030 by type (polyethylene, polypropylene, and polyvinyl chloride), surface material (polished metals, glass, and plastics), end use (electronics & appliances, building & construction, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, polypropylene segment is expected to witness the highest growth over the forecast period because they offer superior properties, including high strength, tear resistance, and chemical resistance, making them suitable for various applications.
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In terms of regions, APAC will remain the largest region over the forecast period due to the expansion of the building and construction sectors, heightened building activity, rising living standards, and ongoing projects.
DowDuPont, Compagnie de Saint-Gobain, 3M, Toray Industries, Chevron Phillips Chemical Company, Berry Global, Nitto Denko, Avery Dennison, Tesa, Intertape Polymer Group are the major suppliers in the surface protection tapes market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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