Global Duct Tapes Market is segmented By Type(Utility Duct Tapes, Removable Duct Tapes, Professional Grade Duct Tapes, and Specialized High Strength Duct Tapes), By Application(Repairing, Market Size Analysis and Y-o-Y Growth Analysis (%), Holding, Waterproofing, Coding, Strapping, Splicing and Others), By Thickness(Less than 10 mil, 10 to 15 mil and More than 15 mil), By Adhesive(Synthetic Rubber-based adhesives and Natural Rubber-based adhesives), By End-User(Building & Construction, HVAC, Shipping & Logistics, Automotive, Electrical & Electronics, and Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029
Duct Tapes Market Overview
The global duct tapes market size was worth US$ YY million in 2020 and is estimated to reach US$ YY million by 2028, growing at a CAGR of YY % during the forecast period (2022-2029).
Duct tape is produced up of three layers, with the first layer being a plastic called polyethylene, the middle is a fabric mesh and the last layer is rubber-based with adhesive. The duct tapes are present with a natural rubber-based adhesive and synthetic rubber-based adhesives. The tapes are made up of polyethylene, plastic, polyvinyl chloride, foil, polyester, and cloth. The duct tapes can be used in numerous industries such as the HVAC industry, building & construction, electrical & electronic, shipping & logistics, and automotive industries.
Based on the end user's requirement, the tapes are produced from less than 10 microns to more than 15 microns. Various types of tapes are available in the market, including professional-grade duct tapes, removable duct tapes, utility duct tapes and specialized high-strength duct tapes.
Source: DataM Intelligence Analysis (2021)
Duct Tapes Market Dynamics
The global duct tapes market growth is driven by increasing use in multipurpose applications and rising demand from the construction sector.
Increasing use in multipurpose applications
Duct tape has enhanced multipurpose applications and is used for general sealing, packing boxes, patching holes and repairs. The duct tapes can additionally stick to rough and uneven indoor and outdoor surfaces such as stone, wood, plaster, brick and metal. Influenced by their economic nature and unique tacking property, duct tapes make forays in various indoor purposes such as sealing ductwork and dustproof filter banks.
In addition to this, consumers are increasingly pitching on duct tapes for different small-scale Do-it-Yourself projects. Aside from these household applications, duct tapes are extensively used in the manufacturing industry to reinforce waterproof and color-code packaging, owing to their excellent resistance properties. Such possible application areas for duct tapes are indicating white spaces to market players.
Presence of alternatives in the market
The presence of alternatives is responsible for restraining the duct tapes market growth. The market has various types of alternatives present in the market, reducing the market demand for duct tapes. Some of the most common alternatives include velcro straps, spray-on adhesive, fiber fix repair wrap tape, zip ties and mastic.
Moreover, the alternatives offer more enhanced properties in comparison to duct tapes. For example, fiber fix repair wrap tape is 100X stronger than duct tape. The tape can replace duct tape for all the solutions regarding breaks, tears and cracks. The scenarios mentioned above are expected to hinder the market demand of the duct tapes market.
Covid-19 Impact on Duct Tapes Market
Due to the pandemic, the duct tapes industry has been stable in terms of demand and production. The demand for duct tapes from building & construction, HVAC and automotive sectors was hampered in the initial stages of the pandemic but has been recovered shortly. On the other hand, demand for duct tapes has seen a positive market from some segments during the outbreak. According to global Covid-19 public health directives, coated cloth duct tapes, at present, are widely employed for organizing social distancing markers, lane marking and containment boundary markers. Duct tape is also extensively utilized for sealing bags of contaminated materials. Duct tape companies are accordingly operating towards the safety of front-line health workers.
Amid the Covid-19 outbreak, companies collaborated with the front-line workers with the healthcare supplies to battle against the virus spread. For instance, 3M has partnered with Dow to produce sturdy medical gowns with multi-use white duct tapes, which present a robust seal over the seams.
Duct Tapes Market Segment Analysis
By type, the duct tapes market is segmented into utility duct tapes, removable duct tapes, professional-grade duct tapes and specialized high strength duct tapes.
The need for extensive use of tape in the building & construction projects have boosted the utility duct tape market
Utility duct tape is expected to hold a significant share in the market during the forecast period. Utility duct tape is the go-to tool for simple fixes due to its adhesion and easy-to-tear design. Homeowners and DIYers widely use utility duct tape due to its efficiency in providing a quick solution for holding, sealing and bundling. This basic strength utility duct tape is a low-cost, economical choice designed for temporary applications provides strong basic strength and waterproof operations.
The utility duct tape has also been gaining market demand in economic applications and projects requiring extensive tape. The tapes are ideal for general repairs, bundling, holding lightweight materials, temporarily sealing and clean-up projects. It has the capability to high stretch and conformability to secure tightly around corners, bends and curves.
Source: DataM Intelligence Analysis (2021)
Duct Tapes Market Geographical Share
The expanding automotive and heating, ventilation & air conditioning systems industries are boosting duct tape sales in the Asia-Pacific region
Asia-Pacific region holds a significant market share for the duct tapes market globally. Various countries like China, India and Japan will see an upsurge in utilizing duct tapes on the back of booming construction and heating, ventilation and air conditioning systems industries. The region is also gaining investments, particularly in fast-developing countries such as Indonesia and Thailand with growing industrialization.
The rise in packaging and multipurpose applications across the globe acts as one of the important factors driving the growth of the duct tapes market. The high utilization of duct tapes in numerous industrial functions and home repair and use in the vehicle assembly services such as small panel attachment, among others, accelerates the market growth. The rise in inclination towards duct tapes due to their properties such as excellent holding power, removal properties, durability, specialized high strength and professional-grade and high export of electronic goods influence the market growth.
Source: DataM Intelligence Analysis (2021)
Duct Tapes Market Competitive Landscape
The duct tapes market is highly competitive with the high availability of raw materials and the basic necessity in daily use applications. The global players dominate the market due to the attraction towards global brands. The key players contributing to the market's growth are 3M Company, Berry Global Group Inc., Shurtape Technologies LLC, Scapa Group plc, Tesa SE Group, ADH Tape, International Plastics Inc, Advance Tapes CS Hyde Company., MBK Tape Solutions, NADCO Tapes & Labels, Inc and others. The players are adopting various new strategies to dominate the market, such as expanding production factories, launching new products, acquisitions, collaborations contributing to the global growth of the duct tapes market.
3M Company
Overview: The 3M Company is a multinational organization headquartered in St. Paul, Minnesota. The company operates in the industry, worker safety, US health care and consumer goods. The company offers products for numerous industries, including Automotive, Commercial Solutions, Consumer Markets, Design & Construction, Electronics, Energy and Health Care.
Product Portfolio: The company manufactures various types of duct tapes, including heavy-duty duct, general use duct tape, multipurpose duct tape, vinyl duct tape and others.
Key Development: In 2020, 3M company donated miles of duct tapes for Dow surgical gown effort to help front-line workers during covid-19.
Why Purchase the Report?
- Visualize the duct tapes market segmentation by end-user, type, application, adhesive, thickness and region, highlighting the key commercial assets and players.
- Identify commercial opportunities in duct tapes by analyzing trends and co-development deals.
- Excel data sheet with thousands of data points of duct tapes market-level 4/5 segmentation.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
The global duct tapes market report would provide approximately 77 market data tables, 79 figures and 180 pages.
Target Audience
- Service Providers/ Buyers
- Tape Manufacturers
- Distributors
- Industry Investors/Investment Bankers
- Education & Research Institutes
- Research Professionals
- Emerging Companies
- Manufacturers
- Logistic companies, etc.
