Global Utility Grade Duct Tapes Market Status Points Out at 5.1% CAGR during the Forecast Period 2017 - 2022


Published on : Nov 29, 2017

Albany, New York, November 29, 2017: The usage of utility grade duct tape in the building and construction, as well as logistics sector, is quite popular. Apart from this, this unique duct tape variety is needed for a variety of tasks active in the modern day setup. To study the market scenario in-depth a new research titled “Utility Grade Duct Tapes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017”, has been published to the broad database of Market Research Hub (MRH). This report includes a detailed assessment related to the utility grade duct tapes market’s historical growth figures during the period 2012 to 2017. Hence, this enables the analysts to develop a factual platform based on which reliable forecasts associated with the market’s growth between 2017 and 2022 are framed.

According to the research findings, the global utility grade duct tapes market is expected to reach a valuation of US$395.1 mn in 2017 (end). Moreover, a further rise is anticipated to occur by the end of 2022 valued at US$505.6 mn. Looking at these growth prospects, the global utility grade duct tapes market is projected to exhibit a strong 5.1% CAGR during the forecast period 2017-2022. The report starts with a clear knowledge about the executive summary and market overview. The readers can grasp details about market size and Y-o-Y growth, with an aim to get familiar with the actual market status. Furthermore, market dynamics are also enclosed in this section together with supply chain and cost structure. To benefit the readers, raw material sourcing strategy and analysis along with key participant market presence can also be viewed in this smart research report.

The later section of the report focuses on the market segmentation which is studied in detail. This offers a transparent look at the leading segments of the market based on end use industry, backing material type and application. This portion of the report works to keep the readers aware of the promising nature of different segments which are likely to remain on a positive track in the coming years. Factors such as market share comparison, revenue comparison, and Y-o-Y growth are the prime considerations in order to study the highlighted segments.

The final section deals with the competitive landscape which includes the prominent market leaders. Factors such as product catalogs and market strategies are carefully examined in this portion. Some of the major companies mentioned in the report are Berry Global Group Inc., 3M Company, Tesa SE Group, Shurtape Technologies LLC, Scapa Group Plc and Intertape Polymer Group Inc.

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