Firefighter Tape Market Analysis

Firefighter Tape Market Dynamics

Growing building and construction industry is escalating the market growth. Unfortunately, increasing number of fire breakouts incidents is contributing in increased demand for firefighter tapes. The firefighter tape market growth is also accelerated by increasing awareness towards the employee safety. In addition to this, firefighter tapes are economic which again is boosting the market. Moreover, polyvinyl film firefighter tapes are durable, strong which is another factor in driving the market.

However, development of alternatives to firefighter tapes such as construction tapes, law enforcement tapes may absorb market share of firefighter tapes in the near future.

Firefighter Tape Market: Regional Outlook

Geographically, global firefighter tape market can be segmented into eight regions that are North & Latin America, Europe, East & South Asia, Emerging and Oceania. In developed regions, United States accounts for major share in the fire fighter tapes market owing to the greater number of fire related incidents in the regions. According to U.S. Fire Administration (USFA), total loss occurred due to fire breakout is approximately 23 billion in 2017. Whereas in developing countries, number of building and construction market is growing rapidly especially in GCC countries, India and China etc.

Firefighter Tape Market: Key Players

Some of the key players in the global firefighter tape market are mentioned below:

• 3M Company
• ORAFOL Europe GmbH
• Arlon Graphics, LLC
• Nitto Denko Corporation
• Brady Corporation
• Godson Tapes Pvt. Limited.
• Lares International
• Advance Tapes International Ltd
• Harris Industries, Inc.
• Johnson Level & Tool Mfg. Co., Inc.

Firefighter Tape Market: Key Developments

Some of the key developments in the firefighter tape market are as follows:

• In 2018, 3M company has increased its product portfolio by introducing elastic blend nonwoven tape for improved conformability and skin breathability.
• In 2017, 3M completed the acquisition of Scott Safety – a premier safety solutions company
• In August 2017, Brady's Brand Protection business partnered with Kezzler and Honeywell to bring product authentication labeling and tracking to a leading industrial products.
• Keson Industries merge with SOLA Measuring Tools which gave two level brands in the market. Basically both company launched a two-brand strategy that would deliver superior durability, unmatched accuracy and a better user experience.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain of the global firefighter tapes market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with firefighter tapes market attractiveness as per segments. The report also maps the qualitative impact of various factors on firefighter tapes market segments and geographies.