Below are some of the key findings from the waterproof tapes market research report:
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Global waterproof tapes industry overview
Waterproof tapes are gaining immense popularity among end-user industries such as construction, medical, automotive, electrical, and others, mainly due to the superior properties of these tapes. Waterproof tapes exhibit properties such as long-term water resistance, heat weldability, optimized flexibility with high tensile strength, good bond characteristics and elastomeric behavior flexible in cold temperatures. These attributes have led to the increasing preference of these tapes over normal tapes.
The increasing demand from the construction industry will be one of the key waterproof tapes market trends that will positively impact growth during the forecast period. Waterproof tapes are extensively used to mend expansion joints and cracks. The increasing construction activities for homes, bridges and nonresidential buildings will drive the demand for waterproof tapes during the forecast period.
Top waterproof tapes companies covered in this market research report
The waterproof tapes market is fairly fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this waterproof tapes industry analysis report will help clients identify and design new growth strategies.
The report offers a complete analysis of various companies including:
- 3M
- Beiersdorf
- Henkel
- I3 BioMedical
- Medline Industries
- NITTO DENKO
Waterproof tapes market segmentation based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies, the APAC will account for the highest waterproof tapes market share throughout the forecast period. In APAC, India is expected to witness a positive outlook on construction projects owing to numerous development projects initiated by the government.
Waterproof tapes market segmentation based on end-user
- Construction
- Medical
- Automotive
- Electrical
- Others
The construction segment will account for the largest share of the waterproof tapes market. Additionally, the report also provides an accurate prediction of the contribution of the various segments to the growth of the waterproof tapes market size.
Key highlights of the global waterproof tapes market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the waterproof tapes market during the next five years
- Precise estimation of the global waterproof tapes market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the waterproof tapes industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of waterproof tapes companies
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