Global Paper Masking Tapes: Market Outlook
The global paper masking tapes market is set to witness significant growth due to its increasing demand in sectors like building & construction, automotive along with electricals and electronics. All these end users are benefitted from the use of tapes. Primarily the masking tapes are used while the time of painting in the construction activities. These tapes are available in various sizes depending upon the strength of their adhesives.
What Are Major Drivers For Paper Masking Tapes Market?
Expansion of the global building & construction sector and substantial demand for masking tapes during the painting and designing parts during the infrastructural development is been a major driver for the masking tapes. The automotive industry is also a major end-user of masking tapes, as usage of tapes in painting, dent repairs and other manufacturing and repair works acts as a boost in demand.
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Which Factors Are Hindering Growth of Paper Masking Tapes Market?
The volumes of masking tapes consumption are been affected by the current economic slowdown in major regions of the world. Stringent laws regarding the usage and manufacturing of paper and paper products have a negative impact on the paper masking tapes market globally.
What are the upcoming opportunities for the Paper Masking Tapes Market?
The applications of masking tapes with various adhesive types in the healthcare packaging to replace it with plastics can be a growth factor for masking tapes. Due to the boom in healthcare industry, it offers a new horizon of growth for masking tapes used in healthcare packaging.
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Key Market Players of Paper Masking Tapes Market:-
- Avery Dennison Corporation
- Nitto Denko Corporation
- Scapa Group plc
- 3M Company
- CMS Group of Companies
- TOYOCHEM Co. Ltd.
- CCT Tapes
- K.L. & Ling
- Bolex (Shenzhen) Adhesive Products Co. Ltd.
- Intertape Polymer Group, Inc.
- Advance Tapes International Ltd.
- Rinrei Co., Ltd.
- Furuto Industrial Co., Ltd
- Shenzhen KHJ Technology Co., Ltd
- Vibac Group S.p.a.
- MEXIM ADHESIVE TAPES PVT. LTD
How Booming Automotive Sector in Germany will affect the Global Paper Masking Tapes Market?
Germany has been a leader in automobile manufacturing as well as designing, so as the biggest end-user industry the growing demand for the masking tapes in the automobile industry for manufacturing both types of vehicles such as two wheelers and four wheelers. The boom in the German automotive industry is set to result as a growth factor for the global masking paper tapes market.
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What will be the effect of infrastructural development in China on the Global Paper Masking Tapes Market?
Among the whole world, China has witnessed a major growth in infrastructural development in recent years and is set to witness the same in the near future also. So usage of masking tapes in the building & construction industry due to its heat resistant and cost-effective properties makes the construction industry the largest end user of the paper masking tapes. On the back of rapid urbanization and staggering infrastructural development, China is set to be a major consumer as well as producer of paper masking tapes in the world.
Which Indicators From the US Market Are Beneficial For The Global Paper Masking Tapes Market?
The rapid growth of the building and construction industry in the US, along with the US being a major producer of paper masking tapes over the years makes it a major market for masking tapes. Usage of paper masking tapes in the smart healthcare packaging is a trend that emerged from the US market itself, other applications such as painting, repair and denting works will boom the demand for paper masking tapes in the US market.
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How Covid-19 Pandemic Affected the Global Paper Masking Tapes Market?
The current ongoing pandemic situation affected badly to all the major end user industries of paper masking tapes such as building & construction and automobiles, as the production and construction works were totally shut down. While the major regions of the world were locked down, only the consumer goods industry and the healthcare sectors among the end user industry were functioning and had a positive impact on the overall global paper masking tapes market.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
Global Paper Masking Tapes Market Segmentation:-
Segmentation based on paper type:-
- Crepe Paper
- Washi Paper
- kraft Paper
- Flatback Paper
Segmentation based on adhesive type:-
- Silicon-based Adhesive
- Acrylic-based Adhesive
- Rubber-based Adhesive
Segmentation based on end use:-
- Building & Construction
- Electronics & electricals
- Consumer goods
- Furniture & decorations
Segmentation based on region:-
- North America
- Latin America
- South Asia
- East Asia
- Middle East and Africa
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