Worldwide Electrical Tape market will reach 0.16 Billion US$ by the end of 2025, growing at a CAGR of 3.7% during 2018-2025.
Electrical tape (or insulating tape) is a type of pressure-sensitive tape used to insulate electrical wires and other materials that conduct electricity. It can be made of many plastics, but vinyl is most popular, as it stretches well and gives an effective and long lasting insulation. Electrical tape for class H insulation is made of fiberglass cloth.
At present, in the foreign industrial developed countries, the electrical tape industry is generally at a more advanced level, the world’s large enterprises are mainly concentrated in Europe. Meanwhile, foreign companies have more advanced equipment, strong R & D capability, the technical level is in a leading position.
Although sales of electrical tape brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking a risk to enter this market
The global Electrical Tape market will reach 160 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2018-2025.
Global Electrical Tape Market Professional Survey Report 2018 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 99 pages report.
This market report provides in-depth analytics of the Electrical Tape industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.
Electrical Tape market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Achem (Yc Group)
Tesa (Beiersdorf Ag)
Plymouth Rubber Europa
Saint Gobin (Chr)
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Cloth Electrical Tape
PVC Electrical Tape
PET Electrical Tape
By Industrial Application, the market can be split into:
Electrical & Electronics
Market Segment by Regions includes:
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America
- Middle East and Africa.