Quick Summary:
The global Waterproof Tapes market is rapidly expanding, with a forecasted value of US$20.2 billion by 2030. This burgeoning industry, starting from a strong base of $12.7 billion in 2022, is laden with abundant prospects for astute businesses and investors. This comprehensive market research report offers a crucial edge in understanding and capitalising on these opportunities.
This resource provides clear insights into major market segments, such as Acrylic and Silicone, both of which are poised for notable growth rates in the near future. Not only does it monitor prevalent trends within the US and China, the two largest economies, but it also scrutinises emerging dynamics in other significant markets like Japan, Canada and Germany. Key competitor analysis and market share data complement these geographic insights, forming a holistic view of the industry landscape. With this reliable, expert-authored report, you'll find the intelligence you need to strategize with confidence and steer your business towards a prosperous future within the Waterproof Tapes market.
Global Waterproof Tapes Market to Reach $20.2 Billion by 2030
The global market for Waterproof Tapes estimated at US$12.7 Billion in the year 2022, is projected to reach a revised size of US$20.2 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Acrylic, one of the segments analyzed in the report, is projected to record 6.5% CAGR and reach US$8.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Silicone segment is readjusted to a revised 7.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.4 Billion, While China is Forecast to Grow at 9.1% CAGR
The Waterproof Tapes market in the U.S. is estimated at US$3.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.7 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.1% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 46 Featured) -
- 3M Company
- Avery Dennison Corporation
- Henkel AG & Co. KGaA
- Nitto Denko Corporation
- Scapa Group PLC
- Tesa SE
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Waterproof Tapes?
What is the growth rate of the Global Market for Waterproof Tapes?
What is the forecasted size of the Global Market for Waterproof Tapes?
Who are the key companies in the Global Market for Waterproof Tapes?
| Report Attribute | Details |
|---|---|
| No. of Pages | 246 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 12.7 Billion |
| Forecasted Market Value ( USD | $ 20.2 Billion |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M Company
- Avery Dennison Corporation
- Henkel AG & Co. KGaA
- Nitto Denko Corporation
- Scapa Group PLC
- Tesa SE
