Self-fusing Silicone Tape Market Revenue to Cross US$1 Bn in 2028
Considering their exemplary mechanical profile, self-fusing silicone tapes have been making headway in the flexible packaging sector, worldwide. The non-adhesive and residue-free nature of these tapes are further encouraging industrial operators to bid goodbye to conventional adhesive-based tapes. Exhibiting a promising CAGR of 4.8%, the worldwide consumption of self-fusing silicone tapes is expected to join the billion-dollar club during the latter half of forecast period (2019-2029). As suggested by this FMI study, global revenue of the self-fusing silicone tape market will surge 1.6x by 2029.
Frequently Asked Questions about Global Self-fusing Silicone Tape Market
Which are the key market players operating in the self-fusing silicone tape market?
Companies such as 3M Company, tesa SE, Scapa Group plc, and Intertape Polymer Group Inc are some of the main players in the global self-fusing silicone tape market, and these players are expected to continue to dominate the market with their innovative and advanced product portfolios.
Which end-use industries hold high growth prospects for manufacturers in the self-fusing silicone tape market?
The electrical & electronics industry is estimated to account for a majority of the share in the global self-fusing silicone tape market, in terms of both, value and volume, and is projected to remain the most lucrative segment throughout the forecast period. Moreover, the electrical & electronics segment is anticipated to generate a remarkable incremental opportunity over the forecast period, as self-fusing silicone tapes made for these end uses provide better insulation in comparison with other packaging tapes.
In terms of thickness, which self-fusing silicone tape will register the highest sales in the next five years?
Self-fusing silicone tapes with thickness between 0.26 mm to 0.50 mm are expected to register the highest sales in terms of value, in the global self-fusing silicone tape market, as this thickness is considered suitable for most end-use applications due to its superior tensile strength and insulation.
Which region is expected to lead in terms of global sales of self-fusing silicone tape?
In terms of market growth, the East Asia self-fusing silicone tape market is estimated to be at the leading position by 2029. This can be attributed to the rising adoption of packaging tapes, including self-fusing silicone tapes in construction and electrical end-use industries. Furthermore, self-fusing silicone tapes are also anticipated to gain traction in Europe and North America over the forecast period.
Which type of self-fusing silicone tape will provide the most lucrative growth opportunities in the next five years?
Triangular self-fusing silicone tapes are anticipated to offer the most favorable growth prospects. These types of tapes are used in applications where the thickness of the coating should not have a visible overlap. Furthermore, triangular tapes have thinner edges and provide uniform insulation coating as compared to rectangular tapes.
Rectangular Tapes Account for 40% Share
Influenced by their excellent temperature resistance, rectangular tapes will continue to lead the pack in the global self-fusing silicone tape market over the next decade. Accounting for relatively greater revenue share, manufacturers have kept a strong focus on this product category over other tapes. Rising adoption of rectangular tapes in applications such as corrosion resistance, electrical insulation, and bundling of automotive wiring harnesses are further boosting their prominence in various industries. While the demand for rectangular tapes is likely to surpass US$ 300 Mn by 2022, triangular tapes and sinusoidal rectangular tapes are also gaining the attention of market players.
East Asia - The Market Hub for Self-fusing Silicone Tapes
With China capturing a substantial chunk of market revenue, the self-fusing silicone tape market in East Asia continues to stay at the forefront. Despite a slowdown in automotive sales in recent years, this developing region is the heart of the global consumer electronics industry. Accounting for a collective share of over 40%, the markets in North America and Europe also attracting stakeholders’ investments. However, manufacturers are observing worthwhile sales opportunities in South Asia, owing to its growing construction and automotive sectors.
Exploring Telecommunication Industry to Gain Competitiveness
Leading manufacturers are leveraging innovative approaches to develop high-quality self-fusing silicone tapes, including silicone compounding technology and premium quality silicone elastomers. These tapes are becoming popular in the telecommunication services industry as cost-efficient and durable repair tapes for pressurized copper lines. The reusability attribute of these telecom tapes further aids in saving additional expenses of new end plates, and, as such, are finding favor with technicians. In an effort to stay ahead in the race, market players, thus, must tap this opportunistic potential.
0.26 mm to 0.50 mm remains preferred thickness
0.51 mm to 0.75 mm to gain momentum
Rectangular tapes account for higher market share
Demand for triangular tapes on the rise
Surging demand from electrical industry
Increasing application plumbing
How Growth will Unfold
With increasing investments in power generation, transportation, and other infrastructural development, the electrical industry all over the world is set to follow an upward trajectory in the coming years. This is influencing manufacturers to view the electrical industry as the primary consumer of self-fusing silicone tapes. Capturing nearly half of worldwide demand, the adoption of self-fusing silicone tapes in the electrical industry will accent revenue worth around US$ 500 Mn in 2029. For potential growth avenues, players in the self-fusing silicone tape market are also targeting the plumbing and aerospace industries.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
Custom Market Research Services
FMI offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.
Self-fusing Silicone Tape Market Analysis 2019-2029
The recent market report published by Future Market Insights on the self-fusing silicone tape market provides global industry analysis for 2014-2018 and forecasts for 2019-2029. The report offers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the self-fusing silicone tape market, the growth prospects of the market are obtained with maximum precision.
Self-fusing Silicone Tape Market Taxonomy
The global self-fusing silicone tape market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
- Rectangular Tapes
- Triangular Tapes
- Sinusoidal Rectangular Tapes
- Up to 0.25 mm
- 0.26 mm to 0.50 mm
- 0.51 mm to 0.75 mm
- Above 0.75 mm
- Electrical & Electronics
- Home & Garden
- North America
- Latin America
- South Asia
- East Asia
The report begins with the executive summary of the self-fusing silicone tape market, which includes a summary of the key findings and statistics of the market. It includes dominant segments in the global self-fusing silicone tape market, along with key facts about self-fusing silicone tape. It also includes graphical representation of the segments according to market size and growth rate.
Readers can find detailed taxonomy and definition of the self-fusing silicone tape market in this chapter, which will help them understand basic information about self-fusing silicone tapes available in the market. This section also highlights the inclusions and exclusions, which help readers to understand the scope of the self-fusing silicone tape market report.
This section explains the global market volume analysis and forecast for the self-fusing silicone tape market between the forecast period of 2019-2029. It includes the detailed analysis of the historical self-fusing silicone tape market, along with an opportunity analysis for the future. This section highlights the average pricing analysis for thickness of self-fusing silicone tape in different regions across the globe. The weighted average pricing at the manufacturer-level is analyzed in this section.
This chapter explains the key macroeconomic factors that are expected to influence the growth of the self-fusing silicone tape market over the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the self-fusing silicone tape market. This chapter also highlights the key market dynamics of the self-fusing silicone tape market, which includes the drivers and restraints. This section also includes outlook of the global packaging industry, key industry perspectives, and value chain analysis.
Based on product type, the self-fusing silicone tape market is segmented into rectangular tapes, triangular tapes, and sinusoidal rectangular tapes. In this chapter, readers can find information about key attractive segments during the forecast period.
Based on capacity, the self-fusing silicone tape market is segmented into the following- to up to 0.25mm, 0.26mm to 0.50mm, 0.51mm to 0.75mm, and above 0.75mm. In this chapter, readers can find information about key segments during the forecast period.
This chapter provides details about the self-fusing silicone tape market on the basis of end-uses such as electrical & electronics, plumbing, automotive, industrial, aerospace, home & garden, and others.
This chapter explains how the self-fusing silicone tape market is expected to grow across various geographical regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East & Africa (MEA).
This chapter includes a detailed analysis of growth of the North American self-fusing silicone tape market, along with a country-wise assessment that includes the U.S. and Canada. Readers will also find some of key points on the basis of estimated market size and consumption of self-fusing silicone tape.
Readers can find detailed information about several factors, such as the pricing analysis and the regional trends, which are impacting the growth of the Latin America self-fusing silicone tape market. This chapter also includes the growth prospects of the self-fusing silicone tape market in leading countries in Latin America such as Brazil, Mexico, and the Rest of Latin America.
Important growth prospects of the self-fusing silicone tape market based on coating, material, application, and end-use industries in several countries such as Germany, the U.K., France, Spain, Italy, Russia, BENELUX, and the Rest of Europe are included in this chapter.
India, Indonesia, Thailand, Malaysia and Rest of South Asia are the leading countries in the South Asia region that are the prime subjects of assessment to obtain the growth prospects of the South Asia self-fusing silicone tape market in this chapter. Readers can find detailed information about the growth parameters of the South Asia self-fusing silicone tape market during the forecast period of 2019-2029.
This chapter highlights the growth of the self-fusing silicone tape market in East Asia by focusing on China, Japan, and South Korea. The section also highlights data points regarding the growth of the self-fusing silicone tape market in East Asia.
In this chapter, Australia and New Zealand are among the leading countries in the Oceania region, which are the prime subjects of assessment to obtain the growth prospects of the Oceania self-fusing silicone tape market.
This chapter provides information about how the self-fusing silicone tape market will grow in major countries in the MEA region such as GCC Countries, South Africa, Turkey, Northern Africa, and the Rest of MEA during the forecast period of 2019 - 2029.
This chapter provides information about how the self-fusing silicone tape market will grow in emerging countries such as India and China during the forecast period of 2019 - 2029.
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the self-fusing silicone tape market along with their market presence analysis by region and product portfolio.
In this chapter, readers will find a comprehensive list of leading manufacturers in the self-fusing silicone tape market, along with detailed information about each company, including company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are 3M Company, Advance Tapes International Ltd, Berry Global Inc, Nitto Denko Corporation, Scapa Group plc, tesa SE, 3A Associates Incorporated, Intertape Polymer Group Inc, CS Hyde Company, Midsun Specialty Products Inc, Twin Tech India Pvt. Ltd, Harbor Products, Inc, Atlantex Manufacturing Corp, Gallagher Fluid Seals, Inc, and MOCAP LLC.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the self-fusing silicone tape report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as, important qualitative and quantitative information, about the self-fusing silicone tape market.
How the research was conducted?
Primary research interviews with key opinion leaders and other participants were conducted for data collection and validation of the below information:
- Key Segments in the Self-fusing Silicone Tape Market
- Market Share Analysis
- Average Selling Price (US$) and Market Growth
- Key Regulations in Packaging Industry
- Market Size
- Key Trends & Developments
- Competition & Key Vendor Strategies
- Industry Journals
- Electrical & Electronic Industry Growth
- Regional Tapes Consumption
- Annual Reports/SEC Filings/Investor Presentations
Primary Interview Splits