Masking Tape Market Top Company Profile | Business Performance | Forecast Report by Region

The Global Masking Tape Market research report offers a complete breakdown of the industry scope, assumptions, segmentation, key strategies, revenue, shares, and size of top players. This syndicated research report also provides application, regional, product insights, and offers ready, data-driven answers to many industry-level questions.

Market Insights:

The Global Masking Tape Market is subject to witness a substantial growth due to the robust growth in the building & construction industry and increasing number of infrastructural projects. Masking tape, commonly referred as painter's tape, is largely used in packaging as well as construction industry. Masking tape is considered as a type of pressure-sensitive tape that is manufactured from a thin and easy-to-tear paper. Masking tape is used along with a pressure-sensitive adhesive. Masking tape are found in variety of widths.

Key Players:

• 3M Company
• Teas SE
• Lintec and Nitto Denko
• American Biltrite
• Adchem 
• Avery Dennison
• Jonson Tapes

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Growth Drivers:

Globally, the masking tape market is predicted to grow at CAGR of 5.2% over the next seven years, providing numerous opportunities for market players to invest for research and development in the masking tape industry. Favorable government initiatives and increasing funding from local government authorities for development of various infrastructural projects such as smart city projects, particularly in the Asia Pacific region are expected to favor market growth of masking tape industry in the upcoming years.

Market Segment:

Key Applications
• Construction
• Automotive
• Industrial
• Electronic & Electrical

Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Regional Insights:

North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in packaging and construction sector, development large-scale infrastructural projects in the region, and existence of well-established manufacturing infrastructure. Asia-Pacific region is predicted to hold major market share in the masking tape market with massive growth in forecast period.

Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing demand for food & beverages industry, rising construction spending, growing demand from healthcare industry and significant investment by leading industry players considering potential growth opportunities in the region. 

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