Self-fusing Silicone Tape Market Size 2021, Future Trends, and Forecast till 2028 – Muleskinner

2022-09-03 15:06:24 By : Mr. Ze Ruan

New York(United States):- Global Self-fusing Silicone Tape Market Size study, by Product (Rectangular Tapes, Triangular Tapes, Sinusoidal Rectangular Tapes) by Thickness (Up to 0.25 mm, 0.26 mm to 0.50 mm, 0.51 mm to 0.75 mm, above 0.75 mm), by End Use Industries (Electrical & Electronics, Plumbing, Automotive, Industrial, Aerospace, Home & Garden, Others) and Regional Forecasts 2022-2028

Global Self-fusing Silicone Tape Market is valued approximately USD $billion in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2028.

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Self-fusing silicone tape is made of a specially formulated silicone rubber capable of fusing to itself to create a flexible, homogeneous barrier. Self-fusing silicone tape contains no adhesive, which makes for residue-free installation and removal. Growing energy investments worldwide and rising automotive sector are key drivers for the growth of Self-fusing Silicone Tape market. For instance, according to The International Energy Agency (IEA), a Paris-based autonomous intergovernmental organization- in 2021, annual global energy investment is set to rise to USD 1.9 trillion, rebounding nearly 10% from the year 2020 from USD 1.6 trillion. In recent events In 2021- Permatex has launched Self-fusing Silicone Tape (P/N 82112) for use in a wide various automotive and general repair applications. Also, with the increasing demand from end use industries and growing electrical & electronics industry in emerging economies, the adoption & demand for Self-fusing Silicone Tape is likely to increase the market growth during the forecast period. However, supply chain disruptions owing to pandemic restrictions impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Self-fusing Silicone Tape market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to presence of leading market players and growing automotive industry in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate over the forecast period 2022-2028. Factors such as increasing investments in construction and energy sector in the region would create lucrative growth prospects for the Self-fusing Silicone Tape market across Asia-Pacific region.

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Major market player included in this report are: 3M Company Midsun Specialty Products Scapa Teraoka Seisakusho Co., Ltd. Seal IT Services Limited Engineering Adhesives & Lubricants (Aust) Pty Ltd Harbor Products, Inc. Alcolin Cardinal Health Permatex The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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By Product: Rectangular Tapes Triangular Tapes Sinusoidal Rectangular Tapes By Thickness: Up to 0.25 mm 0.26 mm to 0.50 mm 0.51 mm to 0.75 mm Above 0.75 mm By End Use Industries: Electrical & Electronics Plumbing Automotive Industrial Aerospace Home & Garden Others

By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE

Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World

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