Noida Chronicle

Metal Foil Tapes Market Size to Reach US$ 4.1 Billion, Globally, by 2028 at 5.2% CAGR

 Breaking News
  • No posts were found

Metal Foil Tapes Market Size to Reach US$ 4.1 Billion, Globally, by 2028 at 5.2% CAGR

April 20
16:30 2023
Metal Foil Tapes Market Size to Reach US$ 4.1 Billion, Globally, by 2028 at 5.2% CAGR
Metal Foil Tapes Market Research & Forecast Report 2023-2028
The global metal foil tapes market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.

According to the latest report by IMARC Group, titled, “Metal Foil Tapes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global metal foil tapes market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.

Market Overview:

Metal foil tapes are versatile and high tensile tapes that can adhere to elements for long periods. They comprise a metal coating and rubber conductive, acrylic, or silicone adhesives. They are manufactured from a lead coating utilized for wrapping golf club heads to add weight while electroplating. They are widely used to secure duct seams, joints, and connections while protecting the exterior of various objects from harmful chemicals and water. They are employed in laboratories to provide protection from X-rays, electromagnetic forces, and radio frequencies. Additionally, they aid in repairing electrical cables and modifying printed wiring boards due to their high electrical conductivity. They also assist in securing packages from moisture, severe temperature changes, vermin, and precipitation. Metal foil tapes withstand temperature changes without shrinking and remain functional by resisting dryness and brittleness. Besides this, they help seal leaks in heating and cooling system ducts by preventing air escape, fixing damaged insulation cables, and protecting insulation boards from moisture. Furthermore, as they are highly flexible with a smooth and shiny texture, metal foil tapes find extensive applications in the automotive, electronics, aerospace, transportation, and defense industries across the globe.

Get a PDF Sample for more detailed market insights: https://www.imarcgroup.com/metal-foil-tapes-market/requestsample

Metal Foil Tapes Market Trends and Drivers:

At present, the increasing demand for metal foil tapes due to the rising building and construction activities around the world represents one of the key factors driving the market. Besides this, the growing utilization of metal foil tapes in the electronic industry for providing electromagnetic protection to various devices is positively influencing the market. In addition, the increasing need for protecting food and beverage products while importing and exporting due to rising temperatures worldwide is contributing to the growth of the market. Apart from this, the growing application of metal foil tapes in the automotive and transportation industry for heat sealing, sound dampening, and auto repairing is offering a favorable market outlook. Additionally, the rising transit of consumer goods on account of the increasing online shopping across the globe is propelling the growth of the market. Moreover, the wide availability of metal foil tapes through online and offline distribution channels is strengthening the growth of the market. Furthermore, key market players are extensively investing in research and development (R&D) activities to introduce enhanced metal foil tapes with ultraviolet (UV) protection. They are also focusing on mergers and acquisitions (M&A) to boost product sales, which is expected to bolster the growth of the market in the coming years.

Metal Foil Tapes Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

  • 3M Company
  • Advance Tapes International Ltd
  • CGS Technologies Inc. (Systems Integrators LLC)
  • EIS Fabrico (EIS Inc.)
  • Maxell Holdings Ltd.
  • Jiangyin Bondtape Technology Corporation
  • Marian Inc.
  • MBK Enterprises Inc.
  • Morgan Industries Limited
  • Shurtape Technologies LLC (STM Industries Inc.)
  • The Zippertubing Company.

The report has segmented the market based on metal type, adhesive type and end user.

Breakup by Metal Type:

  • Aluminum
  • Copper
  • Lead
  • Others

Breakup by Adhesive Type:

  • Acrylic
  • Silicone
  • Rubber
  • Others

Breakup by End User:

  • Automotive and Transportation
  • Building and Construction
  • Aerospace and Defense
  • Electronics
  • Others

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Ask Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/metal-foil-tapes-market

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Top Trending Reports:

Metal & Metal Manufactured Products Market Report- http://bit.ly/3ZPMW2L

Metal Matrix Composite Market Report- http://bit.ly/3IHwgU2

Gel Battery Market Report- http://bit.ly/3y46m81

Scandium Market Report- http://bit.ly/3y3QDWt

Liquid Silicone Rubber Market Report- http://bit.ly/3kMh6op

Denim Finishing Agents Market Report- http://bit.ly/3kAnsYa

Fracking Chemicals and Fluids Market Report- http://bit.ly/3itemLx

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions 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, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:134 N 4th St.
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com