The global foam tapes market is expected to reach a value of USD 14.24 Billion by 2028, and register a CAGR of 6.50%, according to a new report by Reports and Data. These tapes are specialty materials that are used in the construction industry for various purposes such as for sealing windows, making sun- roofs, noise cancellation, and many others.
The increasing demand for acrylic-baked foam tape in automotive industries owing to the rise in demand for consumers and growth in urbanization are propelling the market growth.
The market for tapes is influenced by the rising urbanization and awareness among the young population to make ultraviolet rays proof houses. Foam tapes can sustain both extremely low and high temperatures. It is used for cushioning, sealing, and casketing in various industries. These tapes are available in various shapes and thicknesses in the market. Researchers have developed a green tape which is made up of recycled materials and is biodegradable in nature. The cost of the raw materials used to make such tapes are very high, which are creating a market restraint.
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Top Players in the Global Foam Tape Market:
3M Company, Tesa SE, Denko Corporation, Lintec Corporation, Intertape Polymer Group, Inc., Avery Dennison Corporation, Scapa Group Plc, Halco, 3F, and Seal King Ind Co. Ltd., among others.
For the purpose of this report, Reports and Data have segmented into the global Foam Tape market on the basis of resin type, foam type, technology, end-user, and region:
Resin Type Outlook (Length, Million Meters; Revenue, USD Billion; 2018-2028)
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Foam Type Outlook (Length, Million Meters; Revenue, USD Billion; 2018-2028)
Technology Type Outlook (Length, Million Meters; Revenue, USD Billion; 2018-2028)
End-Users Outlook (Length, Million Meters; Revenue, USD Billion; 2018-2028)
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Key Benefits of Buying the Global Foam Tape Report:
Frequently Asked Questions Answered in the Report:
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