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Anti-Corrosion Tape Market Size, Share & Industry Analysis, By Material Type(Polyvinyl Chloride, Polyethylene, Polypropylene, Polyolefin, Petrolatum), By Application (Building & Construction, Electrical & Electronics, Automobile, Shipping & Logistics, Aerospace, Defense, Others) and regional forecast 2021-2028

Region : Global | Report ID: FBI103950 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Corrosion is a naturally occurring chemical reaction in which metals are converted into more stable form by generally forming oxides, hydroxides and sulfides. This is gradual destruction of metal which occurs when metals are exposed to moisture, water, or air. Anti-corrosion tape is one of the material used to prevent corrosion and protect the metal surfaces. These tapes are generally wrapped around the parts of objects or surfaces which are highly prone to the risk of getting corroded.


Increasing demand from multiple application areas like electrical & electronics, marine, aerospace & defense, general manufacturing, oil & gas, and other shall drive the market. Additionally, the increasing demand from construction sector for protecting water pipes, metal wirings and other metal objects shall foster the market growth.


 However, new non-corrosive materials are being developed to replace metals. Adoption of such anti-corrosive materials instead of metal shall further limit the market growth for anti-corrosion tape.


Key Market Driver -

Increasing demand from end-use sectors.

Key Market Restraint -

Adoption of non-corrosive materials.


Market Segmentation:


Based on material type, the global anti-corrosion tape market is segmented into polyvinyl chloride, polyethylene, polypropylene, polyolefin, petrolatum. Based on application, market is segmented into building & construction, electrical & electronics, automobile, shipping & logistics, aerospace, defense, and others.


From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global anti-corrosion tape market consists of global & regional players operating. Some of the key players in the market include 3M Company, Shurtape Technologies, Scapa Group plc, Nitto Denko Corp, Berry Plastics CPG, Innovative Manufacturing Inc., and others.


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Anti-Corrosion Tape Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to hold the largest share in the market due to the high demand from oil and gas sector. Asia Pacific is expected to show significant growth due to rising constructional activities. The increasing demand electrical and electronics sector for protecting the wires and other components from rusting is one of the factor driving the demand in Asian countries. Europe is expected to show considerable growth due to the adoption of anti-corrosion tapes in automobile sector for protection of automotive parts from rusting due to oil and water. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.


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Segmentation






















 ATTRIBUTE


  DETAILS

By Material Type




  • Polyvinyl Chloride

  • Polyethylene

  • Polypropylene

  • Polyolefin

  • Petrolatum



By Application




  • Building & Construction

  • Electrical & Electronics

  • Automobile

  • Shipping & Logistics

  • Aerospace

  • Defense

  • Others



By Geography




  • North America (U.S., and Canada)

  • Europe (Germany, UK, France, Italy, and Rest of Europe)

  • Asia Pacific (China, India, Japan, and Rest of Asia Pacific)

  • Latin America (Mexico, Brazil, and Rest of Latin America)

  • Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)



Anti-Corrosion Tape Industry Developments



  • In July 2019, Berry Plastic introduced Polyken 36H high performance polymer tape for aerospace applications. It also meets the Boeing specifications.


Anti-Corrosion Tape Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2020
  • 2017-2019

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

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