waterproof tapes market
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Global waterproof tapes market growth is expected to be driven by wide application in automotive, healthcare, packaging industry

The global waterproof tapes market is expected to register high growth in the forecoming years. Major factors driving growth of the global waterproof tapes markets, increasing usage in packaging, healthcare, automotive, construction etc. industries.

The global waterproof tapes market report has been segmented on the basis of adhesive, substrate, end-use industry, and region

On the basis of adhesive, the global waterproof tapes market has been segmented into acrylic, silicone, butyl, and other including IIR-based, PVC etc. The silicon segment is expected to dominate the global waterproof tapes market, owing to excellent chemical resistance and low shrinkage value of silicone.

On the basis of substrate, the global waterproof tapes market has been segmented into rubber, plastic, and metal. The metal segment is expected to dominate the global waterproof tapes market, owing to wide application in automotive, building & construction, marine, healthcare, and electrical & electronics industries.

On the basis of end-use industry, the global waterproof tapes market has been segmented into building & construction, automotive, electrical & electronics, healthcare, packaging, and others including aircraft, aerospace, etc. The building & construction segment is estimated to account for significant market share in global waterproof tapes market. The healthcare segment is expected to register highest CAGR during the forecast period owing to usage for cover wounds, fix cover shields during surgeries, & protecting abrasions, cuts, minor burns, blisters, and incisions.

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On the basis of region, the global waterproof tapes markets segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

In 2017, North America waterproof tapes market is expected to account for major share in the global market in terms of revenue, and is expected to maintain its dominance over the forecast period. This is primarily attributed due to growth of industries such as healthcare, packaging etc. which is fuelling the demand for waterproof tapes in this region. Asia Pacific market is expected to account for highest CAGR in the global waterproof tapes market and is expected to maintain its growth over the forecast period.

Key players operating in the global waterproof tapes market include 3M Company, Avery Dennison Corporation, Nitto Denko Corporation, Henkel Corp., tesa tape, inc., Scapa Group plc, Medline Industries, Inc., Nitto Denko Corporation, Johnson & Johnson Inc., and Shurtape Technologies LLC.

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