Published on : Nov 03, 2017
Albany, New York, November 3, 2017: Painting masking tape is a pressure-sensitive adhesive tape, to mask off areas that should not to be painted. The key feature of this tape is the adhesive used in it that allows the tape to be removed easily without damaging the surface it is applied to. As the demand for painting masking tape grows in applications such as automotive, electronics, smart cards, transport, construction and healthcare, a comprehensive study report titled “Painting Masking Tapes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022” which is recently submitted into the database of “Market Research Hub (MRH)” analyzes the painting masking tapes market right from its historical trends to future prospects from 2017 to 2022.
According to the informatory report, the market for global painting masking tapes is estimated to grow from its value US$2.5 bn in 2017 to a value worth US$3.3 bn by the end of 2022. The report also projects the global painting masking tapes to exhibit a CAGR of 5.7% during the forecast period.
Though the painting masking tape is mainly used in painting however its use is not limited to mask the painting surfaces. It could be used on the applications outside the painting industry such as labeling, bundling, building containments in restoration, hanging temporary signs and abatement projects.
The study report begins with executive summary that provides overview of the market dynamics, trends and forecast discussed. Another section titled market overview shares basics of the market in terms of market taxonomy, market definition, year-on-year growth, supply chain, cost structure, pricing analysis to mention a few.
The report has segmented the content and analyzes the market for global painting masking tape by backing material, end use, adhesive type, region and country. The region wise details are shared by comparing revenue in USD, market share and Year-on-Year growth. The category of backing material is further sub-segmented into foam market, paper market, plastic market and others. The category of end-use is divided and analyzed on the basis of automotive market, building & construction market, aerospace market and general industrial & DIY activities market. The adhesive type has sub-categories as silicon based adhesives, acrylic based adhesive and rubber based adhesives.
Geographically, the report has divided the global painting masking tape market into key regions which are Latin America, Japan, Europe, North America, Asia pacific Excluding Japan and Middle East & Africa.
The report also focuses on the competition involved in the market of global painting masking tape and profiles some of the key companies which are Advance Tapes International Ltd., Bolex (Shenzhen) Adhesive Products Co. Ltd., Shurtape Technologies LLC, Beiersdorf Aktiengesellschaft, Intertape Polymer Group, Scapa Group PLC, Saint-Gobain Performance Plastics Corporation, Nitto Denko Corp, Berry Global and 3M Company.
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