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Paper masking tapes developed to sustain high temperatures over longer duration prove effective across high performance applications. This will remain a chief driver of the paper masking tapes market, enabling growth at 5.4% CAGR based on value between 2021 and 2031.
Future Market Insights (FMI) has predicted the global market value to total US$ 3.2 Bn by the end of 2031. Increasing demand for high temperature resistance paper masking tapes from customers is encouraging manufacturers to design advanced masking tapes.
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Surging adoption of advanced foam paper masking tapes in various industries is driving the global market. Paper masking tapes have the ability to withstand high temperature and are specially designed for application in the automotive industry.
Paper masking tape manufacturers have been consistently innovating in terms of product development to solve industry specific issues related to high temperature applications such as bleed through due to low initial tack, ineffectiveness and inconvenience in painting contours and irregular surfaces. Their efforts are expected to bode well for the market.
“Adoption of sustainable and high tensile paper masking tapes that can withstand extreme temperatures and can provide barrier against moisture is expected to increase over the next decade,” said a lead FMI analyst.
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To meet the demand for customers for such a wide range of indoor painting jobs, and tape, manufacturers have developed a multifaceted assortment. The convenient use and affordable pricing of masking tapes with availability of single-sided and double-sided masking tapes is driving the market.
Leading automotive manufacturers and suppliers rely on various adhesive solutions for numerous applications. These include wire harnessing, surface protection, and attachment part mounting. This is creating a demand for masking tapes from the automobile industry.
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3M Company, Shurtape Technologies LLC, Tesa SE, Saint-Gobain Tape Solutions Europe, Nitto Belgium NV, Advance Tapes International Ltd., PPM Industries S.p.A, Vibac Group S.p.a, Intertape Polymer Group Inc., Berry Global, Inc., Beorol d.o.o, Folsen Tapes, FABO s.p.a., Scapa Industrial, Cintas Adhesivas Ubis, S.A., MBK Tape Solutions, NADCO® Tapes & Labels, Inc., Pro Tapes & Specialties, Inc., Sicad Group and PPI Adhesive Products Limited.
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Plot No: JLT-PH2-X2A
The post Paper Masking Tapes Market Key Opportunity, Analysis, Growth, Trends 2031 appeared first on Future Market Insights.
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