Construction Tape gives a changeless tight attach to sheathing board and house wrap surfaces to seal creases and improve protection from dampness and air invasion. Adhesive cloth tapes, duct tapes, gaffer tapes and repair tapes to satisfy the needs of many shifted and requesting mechanical applications, regardless of whether indoor or outdoor. Building and construction tapes are utilized in residential, commercial, and industrial buildings for holding and mounting parts on doors and windows, enriching trims or divider covers, boards to outlines, and defensive guard rails to furniture and walls. Building & construction tapes are made up of cloth, PVC, polythene, foil, masking and double sided products for indoor and outdoor applications have been developed for every trade throughout the construction or repair process.
Building & Construction Tapes Market: Key Players
The research study includes profiles of leading companies operating in the global building & construction tapes market. Key players profiled in the report include: Dow Chemical Company, 3M Company, Intertape Polymer Group Inc., Nitto Denko Corp., Ahlstrom Corporation, Saint-Gobain Performance Plastics Corporation, PPM INDUSTRIES S.P.A., Canadian Technical Tape Ltd., Berry Global Inc., Cintas Adhesivas Ubis, S.A. and others.
Drivers for the Global Building & Construction Tapes Market:
Increasing growth of the construction industry across the globe due to increasing population, for construction industry at the time of the emergency these tapes used as an economical and effective solution for various construction applications, rising awareness regarding the superior aesthetic appeal provided of building & construction tapes these are the major driving factors for the global building & construction tapes market.
Opportunities for the Global Building & Construction Tapes Market:
Along with that, growing utilization of building & construction tapes for roof linings, plasterboard joints and other applications, also, increased demand for taping materials in the developed economies and growing penetration of eco-friendly bonding solution creates the huge market opportunity for the global building & construction tapes market in forecast period.
Restrains for the Global Building & Construction Tapes Market:
But, on opposite side, the volatility in the prices of raw materials such as crude oil, and price fluctuation of the final product creates the barrier for the growth of global building & construction tapes market.
Region Wise, Global Building & Construction Tapes Market Analysis:
Report covers the region wise analysis, global building & construction tapes can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all, North America leads the global building & construction tapes share. Because of growing residential segment in North America, along with governments to provide housing facilities to the rising population also, various independent agencies helps to fuel the growth of regional residential construction sector. After that, due to increased use in double-sided products, extensively used in various building applications Asia Pacific region is expected to grow in forecast period. North America region is followed by Asia Pacific and Europe.
Covid-19: Impact and Recovery Analysis for Global Building & Construction Tapes Market:
The world is greatly affected by the uncertain raise of the covid-19 Pandemic among the population. The Corona virus outbreak has disrupted & disturbed every sector of business as well as human activity. In most parts of the world there has been a complete restriction set by governments regarding various activities and in turn this is greatly affecting the financial stability of industries like building & construction tapes market globally. Most of the industries and businesses like building & construction tapes are shifting to manufacturing equipment that can support the covid-19 spread from increasing and spreading. Many manufacturers are facing problem in supply chain analysis process. Also, factors such as lack of raw material, unavailability of workers due to government restrictions are directly effect on the market. So, to recover from this situation many manufactures are ready to follow the rules like social distancing, workers safety, and daily sanitization of workplace.
Global Building & Construction Tapes Market: Product analysis
- Double Sided Tapes
- Masking Tapes
- Duct Tapes
- Other Tapes
Global Building & Construction Tapes Market: Application analysis
Global Building & Construction Tapes Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East