Global Self-Fusing Silicone Tape Market - 2021-2028
本報告調查了全球自粘矽膠膠帶市場、市場概況、市場規模和增長率趨勢以及按細分/地區劃分的預測、新型冠狀病毒感染 (COVID-19) 的影響分析和市場。它提供了增長分析驅動因素和限制因素、市場機會、競爭條件以及關鍵公司的概況。
Self-Fusing Silicone Tape Market Overview
The self-fusing silicone tape market size was worth US$ XX billion in 2020 and is estimated to reach US$ XX billion by 2028, growing at a CAGR of XX % during the forecast period (2021-2028).
Self-fusing silicone tape is a type of open-chain polymer tape that bonds to itself on contact without using traditional glues or adhesives. It is used to seal, insulate and protect anything you can wrap. The tapes use a cross-linking technology that instantly links one tape molecule to another, thus offering a permanent bond to itself that cannot be separated.
The self-fusing silicone tape is used in various industries such as electrical & electronics, automotive, household, aerospace & defense, healthcare etc. The tapes are available in a variety of thicknesses and shapes based on the applications.
Self-Fusing Silicone Tape Market Dynamics
The global self-fusing silicone tape market growth is driven by the growing applications of self-fusing tapes in multiple industries.
Growing applications of self-fusing tapes in multiple industries
The growing applications of self in multiple industries are expected to drive the global self-fusing silicone tape market. Self-fusing silicone tape is a single solution for multiple problems and has uses in infinite industries. Initially, the US Military used the self-fusing silicone tapes as an effective alternative to vinyl electrical tapes and plastic zip ties to withstand the harshest of operating environments. The need for durable, high temperature rated, and easy has been fulfilled by introducing self-fusing silicone tapes. The tapes were effectively utilized for the electrical components and wiring harnesses of the F4 Fighter Jets.
In the present scenario, these tapes have found applications in numerous industries including, automobile, electronics and sanitary, marine, domestic use, electrical, industrial and others due to their efficient properties. Millions of rolls of self resuing tapes have now been used for emergency & roadside repairs, household and plumbing repairs, boating applications, electrical insulation, home & garden, and so much more.
Presence of alternatives in the market
The presence of alternatives is responsible for restraining the self-fusing silicone tape market growth in the forecast period. The self-fusing tapes are available with ethylene-propylene rubber (EPR) material, offering good moisture resistance. The EPR self-fusing tapes also have similar applications such as insulating sealing joints, splices and connections in electrical cables for high voltages. A similar tape, PIB rubber self-tapes tapes are also used for more general-purpose electrical lower voltage sealing and insulating cable applications.
Compared to most other electrical and utility tapes, self-fusing silicone tapes are not particularly tough mechanically. Silicone rubber is also susceptible to cuts and abrasion, having low tear resistance. This weakness is made worse because this tape is wrapped while stretched, and remains under internal tension even while fused, so that any nicks or cuts may start to tear and expand without additional external tension.
COVID-19 Impact Analysis
Due to the pandemic, stakeholders across the self-fusing silicone tape industry have seen a notable impact as all the production work, factories and other activities were closed. As a result, production was hindered by halts and supply chain disruption globally. After the pandemic, the governments still impose various restrictions, such as working with half the workforce and fewer operating hours hindering the production cycle of the market.
As a result, the losses are incorporated with less demand from automotive, consumer electronics, plumbing, electrical and other associated industries. However, the market is expected to recover after the pandemic, with sectors aiming to work with higher production rates to recover from the incorporated losses.
Self-Fusing Silicone Tape Market Segment Analysis
By end-user, the self-fusing silicone tape market is broadly classified into electrical & electronics, household, automotive, industrial, marine and others.
The electrical & electronics market is expected to grow at the fastest CAGR during the forecast period (2021-2028)
The electrical & electronics industry is expected to hold the largest market for the self-fusing silicone tape market and are expected to continue their dominance in the forecast period. The self-fusing silicone tape has been widely used in the industry because it offers better insulation in comparison with other packaging tapes. The tapes offer good resistance to electrical arc and erosion in medium and high voltage terminations and generate a thermal insulating residue when exposed to flame. Silicone tapes have a high dielectric rating of electrical tapes and are considered a trusted product in the toolbox of medium and high voltage linemen and installers. With proper wrapping, their properties help to eliminate voids in critical areas causing catastrophic failures.
The companies are launching new products in order to satisfy the demand from the industry. For instance, in 2020- Shurtape has launched its latest addition to the adhesives market with the unveiling of Duck® Wrap-Fix®. A self-fusing silicone repair tape, the product was developed in response to the need for protection and long-lasting hold and across a range of surfaces and environments. It can hold all materials in all types of weather conditions, providing a durable solution for the issue.
Self-Fusing Silicone Tape Market Geographical Analysis
Asia Pacific region holds the largest market for the global self-fusing silicone tape globally
Asia Pacific region holds the largest market share for the self-fusing silicone tape market globally and is expected to continue its dominance in the forecast period. China is the largest exporter & producer of consumer electronics globally with a forecast to generate around $250 billion in 2021. The country is also the largest producer of vehicles, manufacturing almost 21 million cars and 4.36 million commercial vehicles in 2019. The self-fusing silicone tape has wide range of applications in the automotive industry, such as seal, insulate and stop vibration, seal electrical connections, make emergency fuel hose repairs, insulate wiring and hoses, repair damaged wires and wrap hand tools, creating opportunities for the market.
India's plumbing industry has also been growing at a rapid pace. According to a National Skill Development Council survey, the country requires almost 1.2 million trained plumbers by 2020. The self-fusing tape offers high reliability in plumbing applications and offering good leak sealing properties for water pipe hose leakages.
North America region also holds the significant share for self-fusing sealing tapes market with the presence of leading countries and expanding industrial activities. Various companies have been working on expanding their presence in the region to strengthen their market positions. For instance, in 20221- Bond It, UK's fastest-growing manufacturers of adhesives and building chemicals, launched its brand into the North American market. The company has also completed the acquisition of the Rescue Tape brand of self-fusing Silicone Tape manufactured in Carolina.
Self-Fusing Silicone Tape Competitive Landscape
The self-fusing silicone tape market is moderately competitive with the local player's presence, followed by the global companies, contributing to the major share in the market growth. In addition, some of the key players contributing to the growth of the market are 3M, Permatex Canada Inc, Advance Tapes International., Berry Global Inc, Shurtape Technologies, LLC, Scapa Group plc, Illinois Tool Works Inc., Bond It, Avery Dennison Corporation, Denka Company Limited., Nitto Denko Corporation, Cs Hyde Company, Mocap, Freudenberg Group and others. The major players are adopting various new strategies to dominate the market, such as product launches, expansions, acquisitions and collaborations, contributing to the growth of the Graphene battery market globally.
Permatex Canada Inc
Overview: Permatex is a leading manufacturer and distributor of premium chemical products to the automotive maintenance and repair and hardware markets. The company operates under the following brands: Fast Orange, The Right Stuff, Spray Nine, Devcon Home, VersaChem and Ultra Series.
Product Portfolio: The Company's offer wide range of product portfolio under adhesives & sealants, cleaners & degreasers, gasketing, hand care, lubricants, laundry detergent, specialized maintenance & repair and thread compounds.
Key Development: In 2021- Permatex has introduced Self-fusing Silicone Tape (P/N 82112) for use in a wide various automotive and general repair applications. This fast-acting tape creates an airtight, waterproof seal, used for quick and secure repairs on pipes, cables, wiring, hoses, electrical connections and more.
The global self-fusing silicone tape market report would provide access to an approx: 69 market data tables, 67 figures and 225 pages.
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