Global Electrical Tape
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Electrical Tape market size was $13.98 Billion in 2022 and it is forecasted to reach $18.76 Billion by 2030. Electrical Tape Industry's Compound Annual Growth Rate will be 4.09% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Electrical Tape market size was $13.98 Billion in 2022 and it is forecasted to reach $18.76 Billion by 2030. Electrical Tape Industry's Compound Annual Growth Rate will be 4.09% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Electrical Tape Market Sales Revenue 2022 | $ 13.98 Billion |
Global Electrical Tape Market Sales Revenue 2030 | $ 18.76 Billion |
Global Electrical Tape Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.09% |
Market Split by Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Electrical Tape industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Electrical Tape Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Electrical tape is a pressure-sensitive tape that is employed for the insulation of electric wires and the material which can conduct electricity. It is used to cover and protect different types of wires, cables, and others. These are often made up of vinyl as the material provides elongation properties.
Consumer electronics have become a fundamental part of human life. People across the globe directly or indirectly depend on these electronic devices as it saves time and energy of people. The increasing disposable income, the desire for easy and smooth life and the to remain upgraded with modern technologies are a few of the prime factors driving the growth of consumer electronics. Thus, consumer electronics (CE) is a multibillion-dollar sector that has been continually advancing and evolving with technology as well as adding new product lines in response to shifting consumer lifestyles. This factor drives the market for electrical tape.
The fluctuation in raw material prices of electrical tape can hamper the growth of the electrical tape market. The average global price of polyvinyl chloride (PVC) in October 2022 was $1,182 USD per metric ton. PVC prices in 2021 were 1,449 US dollars per metric ton, up from 889 US dollars in 2020. This factor impedes market development.
Urbanization led to a raise in the demand for several products. This increased the rate of industrialization. The industries such as aerospace, construction, automotive, electronics & electrical, and others are growing at a high growth rate. This is expected to gain revenue for the electrical tape key players.
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In January 2023, EIs launched a new website Quickfabs.com for 24-hour electrical tape converting and shipping! This new solution will help EIS establish itself as the market leader in fast, predictable lead times for custom-configured (cut or sliced) tapes. The site offers around 25 tapes from three distinct suppliers: 3M, Intertape, and Nitto.
Top Companies Market Share in Electrical Tape Industry: (In no particular order of Rank)
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Geographically, the global electrical tape market is divided into regions like North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. Asia Pacific dominates the electrical tape market because of expanding car sales in particular EV sales, the rising number of end-user industries, and others. In specific China is a major contributor to this regional growth.
The current report Scope analyzes Electrical Tape Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Electrical Tape Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Electrical Tape Industry growth. Electrical Tape market has been segmented with the help of its Type, Application , and others. Electrical Tape market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type, PVC electrical tape is held a high market share owing to the benefits provided by the PVC material. As it provides durable protection against elements and is resistant to chemicals the demand for PVC electric tape is growing.
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Based on application electronics and electrical segment dominated the market for electrical tape due to the rising usage of consumer electronics, home appliances, small appliances, and IT equipment.
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Research Analyst at Cognitive Market Research
I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Electrical Tape Market is witnessing significant growth in the near future.
In 2023, the PVC Electrical Tape segment accounted for noticeable share of global Electrical Tape Market and is projected to experience significant growth in the near future.
The Construction segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies 3M, Tesa (Beiersdorf Ag) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | PVC Electrical Tape, Cloth Electrical Tape, Rubber Tapes, Polyimide Tapes, Polyester Films Tapes, Others |
Application | Construction, Aerospace, Automotive, Electronics & Electrical, Others |
List of Competitors | 3M, Achem (Yc Group), Tesa (Beiersdorf Ag), Plymouth Rubber Europa, Nitto, Teraoka, H Old, Ipg, Saint Gobin (Chr), Four Pillars, Scapa, Wurth, Berryplastics, Yongle, Shushi, Tiantan Tape, Sincere, Kuayue |
This chapter will help you gain GLOBAL Market Analysis of Electrical Tape. Further deep in this chapter, you will be able to review Global Electrical Tape Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Electrical Tape market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why PVC Electrical Tape have a significant impact on Electrical Tape market? |
What are the key factors affecting the PVC Electrical Tape and Cloth Electrical Tape of Electrical Tape Market? |
What is the CAGR/Growth Rate of Construction during the forecast period? |
By type, which segment accounted for largest share of the global Electrical Tape Market? |
Which region is expected to dominate the global Electrical Tape Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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