The global electrical tape market size reached US$ 14.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 20.6 Billion by 2032, exhibiting a growth rate (CAGR) of 4.3% during 2024-2032.
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2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Electrical Tape Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast
2024-2032," the global electrical tape market size reached US$ 14.0 Billion in
2023.
Electrical tape is an insulating tape designed to cover exposed electric wires,
cables, and other materials. It is manufactured from stretchable vinyl or
polyvinyl chloride (PVC) materials with a non-corrosive rubber-based adhesive.
It is pressure sensitive in nature and stops electrical current from accidentally
passing to other wires, which could create a short or even start an electrical
fire.
It is resistant to abrasion and provides protection against moisture and can be
manipulated to fit in tight spaces and around oddly shaped materials. As it
prevents possible electrocution if the live wires are touched, the demand for
electrical tape is increasing around the world.
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4. Report Description
Global Electrical Tape Market Trends:
At present, the rising demand for electrical tape, as it is durable and resistant to ultraviolet (UV) rays, represents
one of the primary factors supporting the growth of the market. Besides this, the increasing utilization of
electrical tape in covering engine compartments, spark plugs, and safety systems is propelling the growth of the
market. In addition, the growing modernization of existing electricity grids is offering a favorable market outlook.
Apart from this, the rising demand for electric vehicles (EVs), as they reduce the consumption of fossil fuels and
emissions of vehicular exhausts in the air, is contributing to the growth of the market. Additionally, the increasing
purchase of consumer electronics products is bolstering the growth of the market.
Looking forward, the market is anticipated to reach a value of US$ 20.6 Billion by 2032, exhibiting a CAGR
of 4.3% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/electrical-tape-market
5. Report
Segmentation
Breakup by Material:
• PVC Tapes
• Glass Cloth Tapes
• PET Tapes
• Others
Breakup by Application:
• Electrical and Electronics
• Aerospace
• Industrial
• Others
7. Competitive
Landscape with
Key Players
• 3M Company
• A&G Manufacturing Co. Inc.
• Denka Company Limited
• Electro Tape Specialties Inc.
• HellermannTyton (Aptiv PLC)
• Intertape Polymer Group Inc.
• Nitto Denko Corporation
• Parafix Tapes & Conversions Ltd.
• Plymouth Rubber Europa S.A.
• PPM Industries UK Ltd. (PPM Industries SpA)
• ProTapes & Specialties Inc. (Shurtape
Technologies LLC)
• Scapa Industrial
• tesa SE (Beiersdorf AG)
8. Key Questions
Answered in
the Report
How has the global electrical tape market
performed so far, and how will it perform in the
coming years?
What are the drivers, restraints, and opportunities
in the global electrical tape market?
What is the impact of each driver, restraint, and
opportunity on the global electrical tape market?
What are the key regional markets?
Which countries represent the most attractive
electrical tape market?
What is the breakup of the market based on the
material?
Which is the most attractive material in the
electrical tape market?
9. Key Questions
Answered in
the Report
What is the breakup of the market based on the application?
Which is the most attractive application in the electrical tape
market?
What is the competitive structure of the market?
Who are the key players/companies in the global electrical
tape market?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Mark et Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Global Electrical Tape Market - Introduction
4.1 Overview
4.2 Mark et Dynamics
4.3 Industry Trends
4.4 Competitive Intelligence
5 Global Electrical Tape Market Landscape
5.1 Historical and Current Mark et Trends (2018 -2023)
5.2 Mark et Forecast (2024 -2032)
6 Global Electrical Tape Market - Breakup by Material
6.1 PVC Tapes
6.1.1 Overview
6.1.2 Historical and Current Mark et Trends (2018 -2023)
6.1.3 Mark et Segmentation
6.1.4 Mark et Forecast (2024 -2032)
6.2 Glass Cloth Tapes
6.2.1 Overview
6.2.2 Historical and Current Mark et Trends (2018 -2023)
11. Table of
Contents
6.2.3 Mark et Segmentation
6.2.4 Mark et Forecast (2024 -2032)
6.3 PET Tapes
6.3.1 Overview
6.3.2 Historical and Current Mark et Trends (2018 -2023)
6.3.3 Mark et Segmentation
6.3.4 Mark et Forecast (2024 -2032)
6.4 Others
6.4.1 Historical and Current Mark et Trends (2018 -2023)
6.4.2 Mark et Forecast (2024 -2032)
6.5 Attractive Investment Proposition by Material
7 Global Electrical Tape Market - Breakup by Application
7.1 Electrical and Electronics
7.1.1 Overview
7.1.2 Historical and Current Mark et Trends (2018 -2023)
7.1.3 Mark et Segmentation
7.1.4 Mark et Forecast (2024 -2032)
7.2 Aerospace
7.2.1 Overview
7.2.2 Historical and Current Mark et Trends (2018 -2023)
7.2.3 Mark et Segmentation
7.2.4 Mark et Forecast (2024 -2032)
7.3 Industrial
7.3.1 Overview
7.3.2 Historical and Current Mark et Trends (2018 -2023)
7.3.3 Mark et Segmentation
7.3.4 Mark et Forecast (2024 -2032)
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