The corrosion protection tape market is about to begin an excellent adventure, extending its reach beyond the horizon of 2034. As stated by recent estimates, the market is predicted to reach USD 1.3 billion in 2024, with the market exceeding a valuation of USD 1.9 billion by 2034. This auspicious growth prospect of the market is bolstered by the estimated CAGR of 4.1%.
Attributes | Details |
---|---|
Market Value for 2024 | USD 1.3 billion |
Projected Market Value for 2034 | USD 1.9 billion |
Value-based CAGR of Market for 2024 to 2034 | 4.1% |
Polyvinyl chloride (PVC) is predicted to attain 47.3% of the market share by form in 2024. Factors pouring the demand for PVC-based corrosion-protective tape are:
All of these factors contribute to the dominance of PVC as the leading material segment in the corrosion protection tape industry.
Attributes | Details |
---|---|
Material | Poly Vinyl Chloride |
Market Share (2024) | 47.3% |
The corrosion protection tape market is undergoing substantial growth, with the building and construction industry being the foremost end-user segment pouring this trend. This industry is projected to account for 31.7% of the market share by the end-use industry in 2024. Approximately some of the factors subsidizing the adoption of corrosion protection tape in building and construction applications are:
The demand for corrosion protection tape is predominantly high in the construction industry due to the need to protect metal structures and surfaces from damage produced by corrosion. The market is anticipated to endure growth in the coming years due to the accumulative demand for these tapes in various industries.
Attributes | Details |
---|---|
End Use | Building & Construction |
Market Share (2024) | 31.7% |
Countries | CAGR (2024 to 2034) |
---|---|
United State | 2.7% |
Germany | 2.1% |
Spain | 3.3% |
China | 5.6% |
India | 6.7% |
There is a CAGR of 2.7% expected for the corrosion protection tape industry in the United States.
The market is determined by the cumulative demand from the automotive and construction sectors, accounting for growth at a CAGR of 2.1%.
The market is projected to grow at a CAGR of 3.3% in Spain in 2024 due to the resulting increase in investment in construction development projects.
The market is expected to grow at a CAGR of 6.7% in 2024, due to growing investment in the automotive and construction sectors.
Sales of corrosion protective tapes in China are expected to grow at a CAGR of 5.6% due to the growing demand from the industrial and construction sectors.
The market is perceiving the dynamic strategies for the market players are paying attention towards bolstering the demand. The companies are focusing on innovation, extending the product portfolios, upsurging the distribution chain, and strengthening their attentiveness in emerging markets. Partnership is the acquisition of a competitive edge and providing to diverse customer needs.
Prominent players in the market include 3M Company, Berry Global Inc., Nitto Denko Corporation, Saint-Gobain, Scapa Group plc, Denso GmbH, and Polyken Technologies. These companies are renowned for their advanced technologies, extensive product offerings, and global presence.
Table 1: Global Market Value (USD Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Unit) Forecast by Region, 2019 to 2034
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Table 5: Global Market Value (USD Million) Forecast by End-Use, 2019 to 2034
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Table 7: North America Market Value (USD Million) Forecast by Country, 2019 to 2034
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Table 19: Western Europe Market Value (USD Million) Forecast by Country, 2019 to 2034
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Table 31: South Asia and Pacific Market Value (USD Million) Forecast by Country, 2019 to 2034
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Table 37: East Asia Market Value (USD Million) Forecast by Country, 2019 to 2034
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Table 43: Middle East and Africa Market Value (USD Million) Forecast by Country, 2019 to 2034
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Table 47: Middle East and Africa Market Value (USD Million) Forecast by End-Use, 2019 to 2034
Table 48: Middle East and Africa Market Volume (Unit) Forecast by End-Use, 2019 to 2034
Figure 1: Global Market Value (USD Million) by Material, 2024 to 2034
Figure 2: Global Market Value (USD Million) by End-Use, 2024 to 2034
Figure 3: Global Market Value (USD Million) by Region, 2024 to 2034
Figure 4: Global Market Value (USD Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Volume (Unit) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (USD Million) Analysis by Material, 2019 to 2034
Figure 9: Global Market Volume (Unit) Analysis by Material, 2019 to 2034
Figure 10: Global Market Value Share (%) and BPS Analysis by Material, 2024 to 2034
Figure 11: Global Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034
Figure 12: Global Market Value (USD Million) Analysis by End-Use, 2019 to 2034
Figure 13: Global Market Volume (Unit) Analysis by End-Use, 2019 to 2034
Figure 14: Global Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034
Figure 15: Global Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034
Figure 16: Global Market Attractiveness by Material, 2024 to 2034
Figure 17: Global Market Attractiveness by End-Use, 2024 to 2034
Figure 18: Global Market Attractiveness by Region, 2024 to 2034
Figure 19: North America Market Value (USD Million) by Material, 2024 to 2034
Figure 20: North America Market Value (USD Million) by End-Use, 2024 to 2034
Figure 21: North America Market Value (USD Million) by Country, 2024 to 2034
Figure 22: North America Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 23: North America Market Volume (Unit) Analysis by Country, 2019 to 2034
Figure 24: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 25: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 26: North America Market Value (USD Million) Analysis by Material, 2019 to 2034
Figure 27: North America Market Volume (Unit) Analysis by Material, 2019 to 2034
Figure 28: North America Market Value Share (%) and BPS Analysis by Material, 2024 to 2034
Figure 29: North America Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034
Figure 30: North America Market Value (USD Million) Analysis by End-Use, 2019 to 2034
Figure 31: North America Market Volume (Unit) Analysis by End-Use, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034
Figure 34: North America Market Attractiveness by Material, 2024 to 2034
Figure 35: North America Market Attractiveness by End-Use, 2024 to 2034
Figure 36: North America Market Attractiveness by Country, 2024 to 2034
Figure 37: Latin America Market Value (USD Million) by Material, 2024 to 2034
Figure 38: Latin America Market Value (USD Million) by End-Use, 2024 to 2034
Figure 39: Latin America Market Value (USD Million) by Country, 2024 to 2034
Figure 40: Latin America Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 41: Latin America Market Volume (Unit) Analysis by Country, 2019 to 2034
Figure 42: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 43: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 44: Latin America Market Value (USD Million) Analysis by Material, 2019 to 2034
Figure 45: Latin America Market Volume (Unit) Analysis by Material, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Material, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034
Figure 48: Latin America Market Value (USD Million) Analysis by End-Use, 2019 to 2034
Figure 49: Latin America Market Volume (Unit) Analysis by End-Use, 2019 to 2034
Figure 50: Latin America Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034
Figure 51: Latin America Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034
Figure 52: Latin America Market Attractiveness by Material, 2024 to 2034
Figure 53: Latin America Market Attractiveness by End-Use, 2024 to 2034
Figure 54: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 55: Western Europe Market Value (USD Million) by Material, 2024 to 2034
Figure 56: Western Europe Market Value (USD Million) by End-Use, 2024 to 2034
Figure 57: Western Europe Market Value (USD Million) by Country, 2024 to 2034
Figure 58: Western Europe Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 59: Western Europe Market Volume (Unit) Analysis by Country, 2019 to 2034
Figure 60: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 61: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 62: Western Europe Market Value (USD Million) Analysis by Material, 2019 to 2034
Figure 63: Western Europe Market Volume (Unit) Analysis by Material, 2019 to 2034
Figure 64: Western Europe Market Value Share (%) and BPS Analysis by Material, 2024 to 2034
Figure 65: Western Europe Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034
Figure 66: Western Europe Market Value (USD Million) Analysis by End-Use, 2019 to 2034
Figure 67: Western Europe Market Volume (Unit) Analysis by End-Use, 2019 to 2034
Figure 68: Western Europe Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034
Figure 69: Western Europe Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034
Figure 70: Western Europe Market Attractiveness by Material, 2024 to 2034
Figure 71: Western Europe Market Attractiveness by End-Use, 2024 to 2034
Figure 72: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 73: Eastern Europe Market Value (USD Million) by Material, 2024 to 2034
Figure 74: Eastern Europe Market Value (USD Million) by End-Use, 2024 to 2034
Figure 75: Eastern Europe Market Value (USD Million) by Country, 2024 to 2034
Figure 76: Eastern Europe Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 77: Eastern Europe Market Volume (Unit) Analysis by Country, 2019 to 2034
Figure 78: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 79: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 80: Eastern Europe Market Value (USD Million) Analysis by Material, 2019 to 2034
Figure 81: Eastern Europe Market Volume (Unit) Analysis by Material, 2019 to 2034
Figure 82: Eastern Europe Market Value Share (%) and BPS Analysis by Material, 2024 to 2034
Figure 83: Eastern Europe Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034
Figure 84: Eastern Europe Market Value (USD Million) Analysis by End-Use, 2019 to 2034
Figure 85: Eastern Europe Market Volume (Unit) Analysis by End-Use, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034
Figure 88: Eastern Europe Market Attractiveness by Material, 2024 to 2034
Figure 89: Eastern Europe Market Attractiveness by End-Use, 2024 to 2034
Figure 90: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 91: South Asia and Pacific Market Value (USD Million) by Material, 2024 to 2034
Figure 92: South Asia and Pacific Market Value (USD Million) by End-Use, 2024 to 2034
Figure 93: South Asia and Pacific Market Value (USD Million) by Country, 2024 to 2034
Figure 94: South Asia and Pacific Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 95: South Asia and Pacific Market Volume (Unit) Analysis by Country, 2019 to 2034
Figure 96: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 97: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 98: South Asia and Pacific Market Value (USD Million) Analysis by Material, 2019 to 2034
Figure 99: South Asia and Pacific Market Volume (Unit) Analysis by Material, 2019 to 2034
Figure 100: South Asia and Pacific Market Value Share (%) and BPS Analysis by Material, 2024 to 2034
Figure 101: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (USD Million) Analysis by End-Use, 2019 to 2034
Figure 103: South Asia and Pacific Market Volume (Unit) Analysis by End-Use, 2019 to 2034
Figure 104: South Asia and Pacific Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034
Figure 105: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034
Figure 106: South Asia and Pacific Market Attractiveness by Material, 2024 to 2034
Figure 107: South Asia and Pacific Market Attractiveness by End-Use, 2024 to 2034
Figure 108: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 109: East Asia Market Value (USD Million) by Material, 2024 to 2034
Figure 110: East Asia Market Value (USD Million) by End-Use, 2024 to 2034
Figure 111: East Asia Market Value (USD Million) by Country, 2024 to 2034
Figure 112: East Asia Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 113: East Asia Market Volume (Unit) Analysis by Country, 2019 to 2034
Figure 114: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 115: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 116: East Asia Market Value (USD Million) Analysis by Material, 2019 to 2034
Figure 117: East Asia Market Volume (Unit) Analysis by Material, 2019 to 2034
Figure 118: East Asia Market Value Share (%) and BPS Analysis by Material, 2024 to 2034
Figure 119: East Asia Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034
Figure 120: East Asia Market Value (USD Million) Analysis by End-Use, 2019 to 2034
Figure 121: East Asia Market Volume (Unit) Analysis by End-Use, 2019 to 2034
Figure 122: East Asia Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034
Figure 123: East Asia Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034
Figure 124: East Asia Market Attractiveness by Material, 2024 to 2034
Figure 125: East Asia Market Attractiveness by End-Use, 2024 to 2034
Figure 126: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 127: Middle East and Africa Market Value (USD Million) by Material, 2024 to 2034
Figure 128: Middle East and Africa Market Value (USD Million) by End-Use, 2024 to 2034
Figure 129: Middle East and Africa Market Value (USD Million) by Country, 2024 to 2034
Figure 130: Middle East and Africa Market Value (USD Million) Analysis by Country, 2019 to 2034
Figure 131: Middle East and Africa Market Volume (Unit) Analysis by Country, 2019 to 2034
Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 134: Middle East and Africa Market Value (USD Million) Analysis by Material, 2019 to 2034
Figure 135: Middle East and Africa Market Volume (Unit) Analysis by Material, 2019 to 2034
Figure 136: Middle East and Africa Market Value Share (%) and BPS Analysis by Material, 2024 to 2034
Figure 137: Middle East and Africa Market Y-o-Y Growth (%) Projections by Material, 2024 to 2034
Figure 138: Middle East and Africa Market Value (USD Million) Analysis by End-Use, 2019 to 2034
Figure 139: Middle East and Africa Market Volume (Unit) Analysis by End-Use, 2019 to 2034
Figure 140: Middle East and Africa Market Value Share (%) and BPS Analysis by End-Use, 2024 to 2034
Figure 141: Middle East and Africa Market Y-o-Y Growth (%) Projections by End-Use, 2024 to 2034
Figure 142: Middle East and Africa Market Attractiveness by Material, 2024 to 2034
Figure 143: Middle East and Africa Market Attractiveness by End-Use, 2024 to 2034
Figure 144: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The size of the corrosion protection tape market is estimated to be USD 1.3 billion in 2024.
The market is expected to increase at a CAGR of 4.1% over the forecast period.
The market is expected to register a CAGR of 6.7% in India from 2024 to 2034.
The market is forecasted to reach a size of USD 1.9 billion by 2034.
Polyvinyl chloride is the top material type in the market.
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