Pipe Marking Tape Market

Pipe Marking Tape Market: Dynamics

According to Health and Safety Regulations which cover the use of proper signage to protect workplace’s health and safety. The identification and labeling of the pipe are considered vital and prudent. Unmarked pipes are a hazard to both life and property. Accidents, damage, and injuries to equipment can be caused by people not knowing what distinct pipes contain. This factor is expected to drive the growth of the global pipe marking tape market during the forecast period. Unique characteristics of pipe marking tapes such as durability, suitability to a variety of pipes, and capability to withstand extreme temperature makes them suitable for a variety of applications. Thus, pipe marking tape is widely used in end-use industries such as industrial, commercial and household for applications such as pipes, drain valve, ducting and others. Pipe marking tapes are proven to diminish the threat of accidents and injury caused by chemical contact, explosion, burns, etc. in the workplaces by correctly indicating the nature of content within the pipe. Such factors together are likely to push the growth of global pipe marking tape market during the forecast period. Overall, the global pipe marking tape is expected to expand with notable CAGR during the forecast period.

Pipe Marking Tape Market: Regional Outlook

The continuous expansion of end-user industry, the presence of high growth economies and increasing stringent norms regarding health and safety of the workplace are likely to create the significant demand for pipe marking tape in the Asia Pacific excluding Japan (APEJ) region. India and ASEAN Countries are expected to register notable CAGR while China is likely to remain at the forefront in terms of market share of pipe marking tape during the forecast period. Western Europe is a significant shareholder of global pipe marking tape market and likely to witness healthy CAGR during the forecast period. In Western Europe, Germany is expected to highly attractive in terms of market share and growth rate of pipe marking tape market during the forecast period. The continuous expansion of the industrial sector in North America region is expected to create significant demand for pipe marking tape market during the forecast period. The U.S. is likely to remain at the forefront regarding market share while Canada is expected to be highly attractive regarding the growth rate of pipe marking tape market during the forecast period. Latin America and the Middle East and Africa are likely to create numerous demand for pipe marking tape market during the forecast period attributing factors such as the expansion of end-user industry and the presence of emerging economies.

Pipe Marking Tape Market: Key Players

Examples of some of the key players operating in the global pipe marking tape market are:

• 3M Company
• Brady Worldwide, Inc.
• Windmill Tapes & Labels Ltd.
• Marking Services, Inc.
• Industrial Adhesive Solutions Limited
• Limpet Tapes Limited
• Florida Marking Products, LLC
• Symbio, Inc.
• ITO YOGYO CO., LTD
• Can-Do National Tape

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

Regional Analysis Includes-

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Middle East & Africa (MEA)
• Japan