04-Jun-2024 | Zion Market Research
Zion Market Research has published a new report titled “Seam Tapes Market by Type (Single-Layered and Multi-Layered) and by Backing Material (Polyurethane and Polyvinyl Chloride), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032”. According to the report, the global seam tapes market was approximately USD 157.84 million in 2023 and is predicted to grow to around USD 287.02 million by 2032 with a compound annual growth rate (CAGR) of roughly 6.87% between 2024 and 2032.
Seam tapes are primarily used in waterproof apparels, footwear, sporting goods, etc. Seam tapes are widely used in multilayered adhesive films, which are applied on sewn seams to ensure no water leakage. Seam tapes have diverse applications and are frequently used in the manufacturing of tents, footwear, and military garments. The global seam tapes market is likely to be driven by the increasing demand for sports and outdoor apparels and growing manufacturing of sports equipment. There is also an increase in the demand for the production of protective clothing as per the specific requirements by the military.
However, the volatile prices of raw materials may limit the seam tapes market growth globally over the forecast time period. Alternatively, the increasing product demand by the emerging economies and growing preference for branded apparels are anticipated to further propel the seam tapes market development globally in the years ahead.
Browse the full “Seam Tapes Market by Type (Single-Layered and Multi-Layered) and by Backing Material (Polyurethane and Polyvinyl Chloride), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024 – 2032?” Report at https://www.zionmarketresearch.com/report/seam-tapes-market
On the basis of type, the global seam tapes market is divided into single-layered and multi-layered tapes. The multi-layered seam tapes segment dominated the market globally in 2018, both in terms of revenue and volume. Multi-layered seam tapes provide superior water-proofing and act as an extremely good adhesion base. The increasing multi-layered seam tapes demand is expected to further drive the growth of this segment over the forecast timeline.
On the basis of backing material, the seam tapes market is divided into polyurethane and polyvinyl chloride. Polyurethane leads the global market for seam tapes both in terms of revenue and volume. Polyurethane is highly resistant to impact and abrasion along with offering good flexibility. Owing to these unique characteristics, the increase in the demand for polyurethane seam tapes is expected to further increase in the upcoming years. This, in turn, will propel the growth of polyurethane seam tapes segment over the forecast timeframe.
The Asia Pacific region is estimated to hold the maximum share, in terms of both revenue and volume, of the seam tapes market globally over the projected time period. There are several sports goods manufacturers based in China and India and the increase in demand for sports goods and protective wears across the region is expected to propel the Asia Pacific seam tapes market growth in the future.
The global automotive seam tapes market is led by players like:
Global Seam Tapes Market: By Type
Global Seam Tapes Market: By Backing Material
Global Seam Tapes Market: By Region
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