In 2029, the Painting Masking Tapes market is spectated to surpass ~US$ xx Mn/Bn with a CAGR of xx% over the forecast period. The Painting Masking Tapes market clicked a value of ~US$ xx Mn/Bn in 2018. Region is expected to account for a significant market share, where the Painting Masking Tapes market size is projected to inflate with a CAGR of xx% during the forecast period.
In the Painting Masking Tapes market research study, 2018 is considered as the base year, and 2019-2029 is considered as the forecast period to predict the market size. Important regions emphasized in the report include region 1 (country 1, country2), region 2 (country 1, country2), and region 3 (country 1, country2).
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Global Painting Masking Tapes market report on the basis of market players
The report examines each Painting Masking Tapes market player according to its market share, production footprint, and growth rate. SWOT analysis of the players (strengths, weaknesses, opportunities and threats) has been covered in this report. Further, the Painting Masking Tapes market study depicts the recent launches, agreements, R&D projects, and business strategies of the market players including
The world painting masking tapes market is prophesied to fairly rely on the popularity and applications of backing materials and adhesives used. For instance, some manufacturers would want to use paper backings such as filmic, flatback, or creped while others may employ foam or plastic, depending on the demand of end users. Such characteristics of painting masking tapes are studied to be influenced by the temperature at which they cure or dry, coating or paint system, and nature of application.
One of the primarily used adhesives could be rubber-based; however, silicone-based adhesives could be required if temperature reaches more than a 160°C. Having that said, temperature resistance may not be a prerequisite for sandblasting and other masking applications. Sometimes, a thick, strong backing could prove to be vital for resistance to an abrasive under high pressure. The success of painting masking tapes is projected to also depend on their ability to leave no residue, allow clean removal, and cause no damage to the substrate.
Global Painting Masking Tapes Market: Segmentation
The international painting masking tapes market is envisaged to be segregated as per backing material, end use, and adhesive type. In terms of backing material, the market could see a classification into foam, paper, plastic, and others. Amongst these segments, paper is anticipated to outperform all others in the category with a larger revenue share. It could grow at a 5.7% CAGR during the forecast period 2017–2022.
By end use, there could be vital segments such as automotive, building and construction, aerospace, and general industrial and do-it-yourself (DIY) activities taking shape in the international painting masking tapes market. By type of adhesive, the market could be divided into silicon-based, acrylic-based, and rubber-based adhesives.
Regionally, North America dominated the international painting masking tapes market on the basis of revenue. However, Asia Pacific except Japan (APEJ) is prognosticated to earn a greater share of US$0.9 bn by the end of 2022. The market could also witness a segmentation into Japan, the Middle East and Africa (MEA), Latin America, and Europe.
Global Painting Masking Tapes Market: Competition
In view of competition, leading companies such as 3M Company, Berry Global, Inc., Nitto Denko Corp, Saint-Gobain Performance Plastics Corporation, Scapa Group PLC, Intertape Polymer Group, Inc., Beiersdorf Aktiengesellschaft, Shurtape Technologies LLC, Bolex (Shenzhen) Adhesive Products Co. Ltd., and Advance Tapes International Ltd. could make their mark in the worldwide painting masking tapes market.
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The Painting Masking Tapes market report answers the following queries:
- Why the demand for segment increasing in region?
- At what rate the Painting Masking Tapes market is growing?
- What factors drive the growth of the global Painting Masking Tapes market?
- Which market players currently dominate the global Painting Masking Tapes market?
- What is the consumption trend of the Painting Masking Tapes in region?
The Painting Masking Tapes market report provides the below-mentioned information:
- Breakdown data at the regional level as well as revenue and growth of the Painting Masking Tapes in these regions.
- Distribution channels, and consumption patterns, of the global Painting Masking Tapes market.
- Scrutinized data of the Painting Masking Tapes on the basis of country, including market share and revenue of the important countries.
- Critical analysis of every Painting Masking Tapes market player, such as, collaborations, acquisitions, and product launches.
- Trends influencing the Painting Masking Tapes market growth, including ecological preservation, regulatory norms and R&D developments.
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Research Methodology of Painting Masking Tapes Market Report
The global Painting Masking Tapes market study covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units). Both top-down and bottom-up approaches have been used to calculate and authenticate the market size of the Painting Masking Tapes market, and predict the scenario of various sub-markets in the overall market. Primary and secondary research has been thoroughly performed to analyze the prominent players and their market share in the Painting Masking Tapes market. Further, all the numbers, segmentation, and shares have been gathered using authentic primary and secondary sources.