Global Surface Protection Tapes Market worth $18.0 billion by 2024 – Exclusive Report By MarketsandMarkets

 

The surface protection tapes market is estimated at USD 12.3 billion in 2019 and is projected to reach USD 18.0 billion by 2024, recording a CAGR of 8%. The demand for surface protection tapes is driven by the growing use of these tapes due to their durability, ease of application, and ease of removal properties.

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Key players operating in the surface protection tapes market include DowDuPont (US), Compagnie de Saint-Gobain S.A. (France), 3M (US), Toray Industries, Inc. (Japan), Chevron Phillips Chemical Company (US), Berry Global Inc. (US), Nitto Denko Corporation (Japan), Avery Dennison (US), Tesa SE (Germany), and Intertape Polymer Group (Canada). 

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The polished metals segment is projected to dominate the surface protection tapes market, recording the highest CAGR from 2019 to 2024. The surface of these polished metals are gently sheen or have a soft glow texture. Metals are offered in different forms such as painted, unpainted, powdered, bright, glossy, or matte. The uncoated metal surfaces or pre-coated varnished surfaces are laminated with surface protection tapes.

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Browse 96 market data Tables and 40 Figures spread through 161 Pages and in-depth TOC on "Surface Protection Tapes Market by Type (Polyethylene, Polypropylene, Polyvinyl chloride), Surface Material (Polished metals, Glass, Plastic) End-use (Electronics & appliances, Building & construction, Automotive), and Region - Global Forecast to 2024"

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The polypropylene segment is projected to grow at the highest CAGR from 2019 to 2024. Polypropylene surface protection tapes are more expensive than the polyethylene surface protection tapes due to their inbuilt elasticity. Polypropylene surface protection tapes are used for temporary protection purposes and offer a clean and smooth adhesive-free removal. The growth of this segment is attributed to enhanced clarity, higher impact strength, and improved barrier properties of polypropylene tapes.

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