This Silicone Tapes market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Silicone Tapes market.
Silicone tapes are manufactured from cured silicone rubber, a type of elastomer that provides extended life and durability in its end use as a protective tape. It generally consists of a thin layer of silicone gel in order to make it fuse to itself (self-fusing), to form a permanent bond around any substance it is applied to. Hence, silicone tapes are also popularly known as self-vulcanizing, self-amalgamating, or silicone gel tapes. In practice, silicone tapes form a bond with the object when stretched and wrapped around it, and eventually self-fuse within minutes or a few hours.
When stretched and wrapped around pipes, hoses, cables and electrical joints, silicone tapes bond or combine themselves to form a seamless, strong, waterproof, rubbery and an electrically insulated coating. Silicone tapes are resistant to weather, heat and sunlight.
Silicone tapes also have polydimethylsiloxane content in their gel, which has zinc oxide as an ingredient to function as an ultraviolet inhibitor; thus making the tape resistant to ultraviolet radiation from sunlight, moisture, and the effect of ozone in the environment, and thereby reducing its degradation rate. Silicone tapes have also been intended to withstand the impact of moisture, and contact with acids, fuels, solvents and soldering splashes.
Considering the diverse applications of silicone tapes on account of their enormously desired qualities, it is important to study the global silicone tapes market.
Key Trends, Drivers
In recent times, silicone tapes have been finding increasing applications in the chemical industry, such as for hydrogen gas leak detection in production, transmission and storage stages. With the rapidly growing chemical industry, especially in developing regions, market growth for silicone tapes is expected to be propelled by increasing requirements from the industry, such as applications on valves, connections, joints, flanges, and areas which are susceptible to vibration damage.
Growth of the silicone tapes market worldwide has been at a rapid pace as the number of its uses are rising in the medical field as well. For instance, the version of silicone tapes used in medical applications, such as the silicone medical tape, helps in drastically minimizing skin damage on patients with fragile skin, and abating the amount of skin damage caused by tape removal and dressing removal.
With regard to silicone tapes, there have been continual product developments pertaining to incorporation of enhanced features, such as high stretchability, workability at high temperatures and insulating capabilities at high voltages, along with high resistance to salts, corrosive chemicals and oils. It is expected that this trend will continue as manufacturers have been extensively focusing on product development to segment their products as ones with niche applications.
Recently, manufacturers have also been focusing on using speedy and effective sales channels, such as online sales and distributors to achieve relatively high sales across diverse geographies to reach new regions and customers at a rapid pace, thereby driving the silicone tapes market.
The advantage of silicone tape over traditional vinyl or cloth tapes is that the former does not use adhesives, but chemically bonds to itself on contact, which has been a desired feature and hence, has been driving growth of the silicone tapes market in the recent past.
Examples of some of the market participants in the global silicone tapes market are as follows:
- 3M Company
- Midsun Specialty Products
- Scapa Group PLC
- Harbor Products, Inc.
- Cardinal Health
- Teraoka Seisakusho co.,Ltd.
- Engineering Adhesives & Lubricants (Aust) Pty Ltd
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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 in-depth analysis of parent market trends, macro-economic 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.
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Silicone Tapes Market Segmentation
Examples of some of the end-uses of silicone tapes include:
- UV protection
- Medical use
- Insulation from high voltage electric currents
- Corrosion prevention
- Detection of hydrogen gas (H2) leaks in transmission, storage and generation facilities
- Low Pressure Leak Stoppage
- Sector identification
- Wire harnessing
- Vibration reduction
- Plumbing repairs
- Grip applications to tools
- Damaged wiring repairs
- Emergency repairs
- Wrapping purposes
- Seal electrical connections
- Cable management
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions
What research methodology is used to develop the Silicone Tapes Market report?
- FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
- These approaches include accumulating data from both primary and secondary sources
- Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Silicone Tapes Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
- Analysis of several middle market stakeholders for country-wise data
What else does FMI offer apart from Silicone Tapes Market report?
In addition to up-to-date market figures and customized of the Silicone Tapes Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.
How do you define competitors based on market structure? What aspects about a competitor are included in the company profile section?
- Most of the competitors are segregated according to their market share in 'Tier' wise statures.
- Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.