In terms of both market value and volume, East Asia and North America are expected to be at the forefront of the global Self-Fusing Silicone Tapes market during the forecast period 2019-2029. This can be attributed to the extensive growth of the construction and electrical industries in these areas, which are among the most prominent end-use industries for self-fused silicon tapes. In East Asia, countries like China and South Korea, which are manufacturing centers for the electrical and electronic industries, are the main contributors to the growth of the self-fused silicon tape market in the region, while in North America, the United States will dominate the market in terms of value and volume.
The overall view of the Self-Fusing Silicon Tapes market is estimated to remain progressive and the market is expected to register a CAGR of 4.8% during the forecast period of 2019-2029.
Key Takeaway for the Self-Adhesive Silicone Tape Market Study
- According to FMI analysis, rectangular strips Identified as the most lucrative type of self-fused silicone tape, it is frequently used to insulate electrical connections, as tension coils for wire bundles, and to protect against corrosion. Furthermore, it can withstand temperatures from -130 degrees Fahrenheit to 500 degrees Fahrenheit, which gives it an advantage over other types of electrical insulation tape.
- 0.26 mm to 0.50 mm It is expected to remain the most widely used thickness of self-fused silicone tapes for the foreseeable future, accounting for more than 40% of the global market by 2029. Appropriate tensile strength with better electrical insulation provided by tapes in thicknesses from 0.26mm to 0.50mm is expected to boost sales of silicone tapes Self-adhesive during the forecast period.
- electronic electric It accounts for more than 40% of the global market for self-fused silicone tapes, due to its extensive use in the telecom industry to provide insulation. The sector is expected to grow 1.3 times its current value in the next five years.
Self-adhesive Silicone Tape Market: Competitive Landscape
3M, tesa SE, Scapa Group plc and Intertape Polymer Group Inc are first-tier players operating in the self-fused silicone tape market, accounting for nearly 20% from the global market. Nitto Denko Corporation, Berry Global Inc, Advance Tapes International Ltd, and MOCAP LLC are recognized as Tier 2 players in the global self-fused silicone tape market. However, regional and unregulated manufacturers can enter the global market of self-fused silicone tapes by offering cost-effective solutions to their customers.
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About the Self-Adhesive Silicone Tape Market Report
Future Market Insights, in its new report, provides an unbiased analysis of the global Self-Fusing Silicon Tapes market, historical demand analysis from 2014-2018 and forecast statistics for 2019-2029. The study reveals growth forecasts for the self-fused silicone tape market based on product (rectangular tapes, triangular tapes, and sinusoidal tapes), thickness (up to 0.25mm, 0.26mm to 0.50mm, 0.51mm to 0.75mm, and above 0.75mm), and end use (electrical, electronics, plumbing, automotive, industrial, aerospace, home and garden, etc.), across seven major regions.