Metal Foil Tapes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Metal Foil Tapes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A4377
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Market Overview:

The global metal foil tapes market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.1 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.

Metal foil tapes combine the exceptional qualities of long-lasting adhesive tape with metals like lead, copper, steel, aluminum, and tin plating. They provide performance benefits, such as versatility, malleability, conductivity, easy tear, vapor barrier, excellent conformability, and improved resistance to fire. As a result, they are used in the aerospace and automotive industries worldwide to meet strict standards of heating, ventilation, and air conditioning (HVAC) systems. Presently, several manufacturers have introduced metal foil tapes with an acrylic adhesive coating. These tapes offer more durability, longevity, cohesion, and thermal stability than rubber adhesion. They are considered ideal for being used in buildings, such as house wraps and foil-faced insulation, wherein high-temperature resistance and electrical conductivity are required.

Metal Foil Tapes Market Trends:

The flourishing construction industry on account of rapid urbanization and industrialization, rising global population, and increasing per capita income represents one of the key factors positively influencing the market. Moreover, the growing focus on improving the existing infrastructure of healthcare institutions and schools is contributing to the market growth. Additionally, the implementation of stringent building safety codes to help ensure safe, sustainable, affordable, and resilient structures is boosting the sales of metal foil tapes around the world. Metal foil tapes can sustain temperature fluctuations, exposure to ultraviolet (UV) light and solvents, which impact the efficiency of other tapes. As a result, they are gaining traction in industrial applications to protect packages, electrical capacitors, and insulation. Apart from this, the leading manufacturers are offering high-performance, multi-purpose products in a variety of materials, widths, lengths, and thicknesses. These products have excellent strength and chemical resistance, which is anticipated to expand the application of metal foil tapes.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global metal foil tapes market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on metal type, adhesive type and end user.

Breakup by Metal Type:

  • Aluminum
  • Copper
  • Lead
  • Others
     

Breakup by Adhesive Type:

  • Acrylic
  • Silicone
  • Rubber
  • Others
     

Breakup by End User:

  • Automotive and Transportation
  • Building and Construction
  • Aerospace and Defense
  • Electronics
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Advance Tapes International Ltd, CGS Technologies Inc. (Systems Integrators LLC), EIS Fabrico (EIS Inc.), Maxell Holdings Ltd., Jiangyin Bondtape Technology Corporation, Marian Inc., MBK Enterprises Inc., Morgan Industries Limited, Shurtape Technologies LLC (STM Industries Inc.) and The Zippertubing Company.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Metal Type, Adhesive Type, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 3M Company, Advance Tapes International Ltd, CGS Technologies Inc. (Systems Integrators LLC), EIS Fabrico (EIS Inc.), Maxell Holdings Ltd., Jiangyin Bondtape Technology Corporation, Marian Inc., MBK Enterprises Inc., Morgan Industries Limited, Shurtape Technologies LLC (STM Industries Inc.) and The Zippertubing Company
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global metal foil tapes market was valued at US$ 3.0 Billion in 2022.

We expect the global metal foil tapes market to exhibit a CAGR of 5.2% during 2023-2028.

The rising demand for metal foil tapes across various industries, including building and construction, automotive, consumer electronics, etc., as they offer more durability, longevity, cohesion, and thermal stability over rubber adhesion, is primarily driving the global metal foil tapes market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for metal foil tapes.

Based on the metal type, the global metal foil tapes market can be segmented into aluminum, copper, lead, and others. Currently, aluminum holds the majority of the total market share.

Based on the adhesive type, the global metal foil tapes market has been divided into acrylic, silicone, rubber, and others. Among these, rubber currently exhibits a clear dominance in the market.

Based on the end user, the global metal foil tapes market can be categorized into automotive and transportation, building and construction, aerospace and defense, electronics, and others. Currently, building and construction accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global metal foil tapes market include 3M Company, Advance Tapes International Ltd, CGS Technologies Inc. (Systems Integrators LLC), EIS Fabrico (EIS Inc.), Maxell Holdings Ltd., Jiangyin Bondtape Technology Corporation, Marian Inc., MBK Enterprises Inc., Morgan Industries Limited, Shurtape Technologies LLC (STM Industries Inc.), and The Zippertubing Company.

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Metal Foil Tapes Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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