Wire Harness Tape Market Report 2024 (Global Edition)

Global Wire Harness Tape Market Report 2024 Market Size Split by Backing Type (PVC Backing, Cloth Backing, Polyester Backing, Foil Backing), by Adhesive Type (Acrylic-Based, Rubber-Based, Silicone-Bas...

Wire Harness Tape Market Report Description

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Wire Harness Tape Market Insights Video

Competitive Landscape of the Wire Harness Tape Market

The competitive landscape of the wire harness tape market is characterized by a wide spectrum of participants competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized wire harness tape companies, and emerging start-ups aiming to disrupt the market with creative techniques.

Top Companies Market Share in Wire Harness Tape Industry: (In no particular order of Rank)

• 3M Company
• NITTO DENKO CORPORATION
• tesa SE
• Yongle (AVERY DENNISON CORPORATION)
• American Biltrite Inc.
• Adhesive Specialities
• Saint-Gobain S.A.
• Scapa Company
• Global Industries Corporation Ajit Industries Pvt. Ltd.
• Coroplast Tape Corporation
• Bron Tapes
• Inc.
• Jacobs Industries
• ACHEM
• Shijiazhuang Liantu Import and Export Trading Co.
• Ltd
• Pro Tapes LLC
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Wire Harness Tape Market

Which Region Dominates the Wire Harness Tape Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to the robust automotive industry, increasing demand for electric vehicles (EVs), and advancements in electronic devices. Additionally, stringent safety regulations and the need for high-performance wire management solutions in automotive and industrial applications further propel market growth in the region.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the wire harness tape market due to the region's rapid growth of the automotive and electronics industries, increasing demand for electric vehicles, and the expansion of manufacturing facilities. Rising investments in infrastructure and advancements in telecommunications contribute to market growth, supported by favorable government policies and the region's strong industrial base.

 

The current report Scope analyzes Wire Harness 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

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Wire Harness Tape

According to Cognitive Market Research, the global wire harness tape market size was estimated at USD 275.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 110.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the wire harness tape market with a market size of USD 86.85 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. The nation's changing consumer preferences.
• The Canadian wire harness tape market had a market share of USD 13.21 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Canada's product development and process innovation.
• The Mexico wire harness tape market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 10.02 million in 2024.

Europe Wire Harness Tape

According to Cognitive Market Research, the global wire harness tape market size was estimated at USD 275.2 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 82.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom's wire harness tape market had a market share of USD 13.87 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. In the UK, wire harness tape sales witness an upswing due to the nation's modernization in production techniques.
• The France wire harness tape market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 7.60 million in 2024.
• According to Cognitive Market Research, the German wire harness tape market size was valued at USD 16.35 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, wire harness tape sales surged due to government policies.
• The Italy wire harness tape market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 7.10 million in 2024.
• The Russian wire harness tape market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 12.80 million in 2024.
• The Spain wire harness tape market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 6.77 million in 2024
• The Luxembourg wire harness tape market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 2.56 million in 2024.
• The Portugal wire harness tape market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 1.73 million in 2024.
• The Greece wire harness tape market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 0.99 million in 2024.
• Rest of Europe's wire harness tape market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 12.80 million in 2024.

Asia Pacific Wire Harness Tape

According to Cognitive Market Research, the global wire harness tape market size was estimated at USD 275.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 63.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.

• According to Cognitive Market Research, the China wire harness tape market size was valued at USD 28.48 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Wire harness tape sales surged in China due to a shift in consumer behavior.
• The Japan wire harness tape market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 8.73 million in 2024.
• The India wire harness tape market had a market share of USD 7.60 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. India's government initiatives augment the demand.
• The South Korean wire harness tape market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 6.33 million in 2024.
• The Australian wire harness tape market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 3.29 million in 2024.
• The South East Asia wire harness tape market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 4.37 million in 2024.
• The Rest of the Asia Pacific wire harness tape market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 4.49 million in 2024.

South America Wire Harness Tape

According to Cognitive Market Research, the global wire harness tape market size was estimated at USD 275.2 Million, out of which Latin America market of more than 5% of the global revenue with a market size of USD 13.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil wire harness tape market size was valued at USD 5.89 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. Wire harness tape sales flourish in Brazil due to the rising advancement in technology.
• Argentina's wire harness tape market had a market share of USD 2.31 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. The demand is augmented by Argentina's stringent environmental regulations.
• Colombia's wire harness tape market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 1.22 million in 2024.
• Peru wire harness tape market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 1.13 million in 2024.
• Chile wire harness tape market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 0.99 million in 2024.
• The Rest of Latin America's wire harness tape market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 2.22 million in 2024.

Middle East and Africa Wire Harness Tape

According to Cognitive Market Research, the global wire harness tape market size was estimated at USD 275.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 5.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.

• The GCC Countries' wire harness tape market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 2.36 million in 2024. Wire harness tape sales flourish due to the presence of major market players.
• Egypt wire harness tape market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD 0.58 million in 2024.
• The South African wire harness tape market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 0.87 million in 2024. Wire Harness Tape sales flourished in South Africa due to the rise in demand from emerging economies.
• The Turkey wire harness tape market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 0.47 million in 2024.
• The Nigeria wire harness tape market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 0.58 million in 2024.
• The Rest of MEA wire harness tape market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD 0.65 million in 2024.

Wire Harness Tape Market Analysis

Wire Harness Tape Market Type Segment Analysis

According to Cognitive Market Research, polyester backing is the dominating category due to its superior durability, flexibility, and resistance to abrasion and chemicals. It enhances tape reliability in automotive and electrical applications by ensuring secure wire bundling and protection against environmental factors, driving demand for high-performance solutions in industries requiring robust wire management solutions.

Foil backing emerged as the fastest-growing category over the projected period due to the enhancing durability and reliability in automotive and electronic applications. Its ability to provide superior protection against environmental elements drives demand in the wire harness tape market, ensuring secure and long-lasting electrical connections in challenging operating conditions.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Wire Harness Tape Industry. Request a Free Sample PDF!

According to Cognitive Market Research, the dominating category is rubber-based due to their superior adhesive properties, moisture resistance, and durability, ensuring secure insulation and protection of wires in automotive, aerospace, and electrical applications.

The fastest-growing category in the wire harness tape market is silicone-based over the projected period due to increasing demand for high-performance and reliable electrical insulation solutions in harsh environments, which boosts its adoption alongside the growing focus on vehicle electrification and advanced electronic systems integration.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Wire Harness Tape End Use Segment Analysis

According to Cognitive Market Research, the dominating category is automotive due to the increasing demand for electric vehicles (EVs) and advanced driver-assistance systems (ADAS), which require extensive and reliable wiring solutions.

The fastest-growing category in the wire harness tape market is aerospace over the projected period due to the growing need for efficient electrical system management, stringent safety standards, and the growing demand for lightweight, durable, and heat-resistant materials.

• Automotive
• Transport
• Aerospace
• Marine & Shipbuilding
• Building & Construction
• Electrical & Electronics

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

LinkedIn

Profile

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.

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