Paper Masking Tapes Market Is Set to Experience Revolutionary Growth by 2031
Paper masking tapes developed to sustain high temperatures over longer duration prove effective across high performance applications. This will remain a chief driver of the paper masking tapes market, enabling growth at 5.4% CAGR based on value between 2021 and 2031
Future Market Insights (FMI) has predicted the global market value to
total US$ 3.2 Bn by the end of 2031. Increasing demand for
high temperature resistance paper masking tapes from customers is encouraging
manufacturers to design advanced masking tapes.
Surging adoption of advanced foam paper masking tapes in various
industries is driving the global market. Paper masking tapes have the ability
to withstand high temperature and are specially designed for application in the
automotive industry.
Paper masking tape manufacturers have been consistently innovating in
terms of product development to solve industry specific issues related to high
temperature applications such as bleed through due to low initial tack,
ineffectiveness and inconvenience in painting contours and irregular surfaces.
Their efforts are expected to bode well for the market.
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Key Takeaways from Paper Masking Tapes
·
The crepe masking tape segment is estimated to represent a dominant
market share. It is estimated to create an incremental opportunity of US$
846.3 Mn during the forecast period.
·
Demand in automotive aftermarket is expected to accelerate with a CAGR
of 6.1%.
·
Rubber-based adhesive segment is expected to account for more than 36% of
sales in the market through the forecast period.
·
The South Asia paper masking tapes market is projected to register a
CAGR of 7.6% during the forecast period.
“Adoption of sustainable and high
tensile paper masking tapes that can withstand extreme temperatures and can
provide barrier against moisture is expected to increase over the next decade,”
said a lead FMI analyst.
Automotive Sector is the Key Driver of Paper Masking Tapes Market
To meet the demand for customers for such a wide range of indoor
painting jobs, and tape, manufacturers have developed a multifaceted
assortment. The convenient use and affordable pricing of masking tapes with
availability of single-sided and double-sided masking tapes is driving the
market.
Leading automotive manufacturers and suppliers rely on various adhesive
solutions for numerous applications. These include wire harnessing, surface
protection, and attachment part mounting. This is creating a demand for masking
tapes from the automobile industry.
Paper Masking Tapes Market Landscape
3M Company, Shurtape Technologies LLC, Tesa SE, Saint-Gobain Tape
Solutions Europe, Nitto Belgium NV, Advance Tapes International Ltd., PPM
Industries S.p.A, Vibac Group S.p.a, Intertape Polymer Group Inc., Berry
Global, Inc., Beorol d.o.o, Folsen Tapes, FABO s.p.a., Scapa Industrial, Cintas
Adhesivas Ubis, S.A., MBK Tape Solutions, NADCO® Tapes & Labels, Inc., Pro
Tapes & Specialties, Inc., Sicad Group and PPI Adhesive Products Limited.
Paper Masking Tapes Market Report
Future Market Insights, in its new report, offers an unbiased analysis
of the global market for paper masking tapes market by tape type (crepe masking
tapes, washi masking tapes, flatback paper masking tapes and kraft paper masking
tapes), by distribution professional (aftermarket sales and diy distribution),
by adhesive type (rubber-based adhesive, acrylic-based adhesives and hot melt
adhesives), by application (painting, plating, abrasive blasting, high
temperature application, thermal spraying and general use), by end use
(automotive, building and construction, aerospace, general industries and
others).
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