Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 250.76 Million | USD 525.16 Million | 8.56% | 2023 |
According to a report from Zion Market Research, the global Seam Sealing Tapes Market was valued at USD 250.76 Million in 2023 and is projected to hit USD 525.16 Million by 2032, with a compound annual growth rate (CAGR) of 8.56% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Seam Sealing Tapes industry over the next decade.
Seam sealing tapes are applied to sewn seams to avoid water leaking of water from the seams. These tapes are put via hot air taping equipment and has myriad Backing Material s in footwear, waders, tents, military garments, and work wear.
The rampant expansion of sports & outdoor apparel sector due to escalating health awareness among the end-users and a prominent surge in the fitness activities will embellish the growth of the market over the ensuing years. Apart from this, surge in the need for protective clothing & accessories like chemical protection fabrics, military clothes, and medical or surgical garments will proliferate the market expansion over the coming years.
Furthermore, thriving textile & garment sectors will contribute notably towards the overall market growth during the forecast timeline. In addition to this, large-scale advantages provided by multi-layered seam sealing tapes due to excellent waterproofing features of the product coupled with outstanding adhesive characteristic will prop up the demand for seam sealing tapes in the near future. Rise in the acceptance of multi-layered seam sealing tapes and increase in the style patterns in fashion sector along with thriving material industry will make lucrative contributions toward the market size within the next couple of years.
The study provides a decisive view of the seam sealing tapes market by segmenting the market based onby type, by backing material and by region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By type segment analysis includes single-layered and multi-layered.
By backing material segment analysis includes polyurethane (PU) and polyvinyl chloride (PVC).
The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Report Attributes | Report Details |
---|---|
Report Name | Seam Sealing Tapes Market |
Market Size in 2023 | USD 250.76 Million |
Market Forecast in 2032 | USD 525.16 Million |
Growth Rate | CAGR of 8.56% |
Number of Pages | 110 |
Key Companies Covered | Sealon, San Chemicals, Essentra, Bemis Associates, Loxy AS, Himel Corp., Toray Industries, DingZing, Gerlinger Industries, and Adhesive Films |
Segments Covered | By Type, By Backing Material And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Asia Pacific Market To Record Highest Growth Rate Over 2024-2032
The growth of the market in the Asia Pacific during forecast timespan is owing to thriving textile sector in the countries like Indonesia, India, Bangladesh, Vietnam, and China. In addition to this, low labor charges, a huge export of clothes, and easy access to raw materials will prop up the growth of the business in the region over the foreseeable future.
Key players influencing the market growth are-
The global seam sealing tapes market is segmented as follows:
By type
By backing material
By Region
FrequentlyAsked Questions
The rampant expansion of sports & outdoor apparel sector due to escalating health awareness among the end-users and a prominent surge in the fitness activities will embellish the growth of the market over the ensuing years.
The CAGR of the industry is expected to be nearly 8.56% during the forecast timeline.
Asia Pacific will contribute remarkably towards the global market share over the estimated timeline.
The key market players include as Essentra, Bemis Associates, Himel Corp., Toray Industries, Loxy AS, Sealon, DingZing, Gerlinger Industries, San Chemicals, and Adhesive Films.
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