The market for masking tapes is anticipated to grow as the construction sector expands. For the players in the masking tapes market, the rapidly increasing construction industries in China, India, Indonesia, Japan, the U.S., and Canada are predicted to present profitable prospects. The Global Alliance for Buildings and Building projects that between 2020 and 2030, the global construction industry would rise by 3.6% annually as a result of rising household savings, pandemic stimulus plans, and population growth. In terms of revenue, the Asia Pacific region held the biggest revenue share (38%) in the worldwide masking tapes market in 2020, and it is anticipated that it would continue to dominate the market throughout the forecast period.
The global Masking Tapes Market is expected to surpass US$ 8,007.00 million by the end of 2028 and exhibit a CAGR of 5.20% during the forecast period (2021 to 2028).
Key Leaders in the Masking Tapes Industry:
1. PPI Adhesive Products
PPI Adhesive Products Limited is a world-renowned manufacturer of an extensive range of precision-converted technical adhesive tapes, die-cuts, and laminates for a wide range of applications. PPI Adhesive Products Ltd was originally established in Ireland in 1970. It operates in more than 55 countries and has headquarters situated in Waterford, Ireland.
2. PPM Industries SpA.
PPM Industries Group is a leading global adhesive tapes manufacturer. Since 1993, it have been developing and producing masking and other adhesive tape solutions for a broad range of applications, user requirements and markets.
3. Shurtape Technologies
Shurtape Technologies was founded in 2001Shurtape Technologies, LLC, is a multinational, industry-leading producer of pressure-sensitive tapes headquartered in Hickory, NC.
4. Tesa SE
Founded in 1906, Tesa SE manufacturers of self-adhesive product and system solutions for industry, professional craftsmen and consumers. It has headquarters situated in Hamburg. Germany.
5. 3M
3M is an America-based company that was established in the year 1929. It is a major player in the Wound Care industry. The company operates through five segments globally. In order to retain its share in the market, the company focuses on launching new and advanced products. Moreover, 3M Health Care's Medical Solutions Division announced, in October 2022, that it’s 3M V.A.C. Therapy negative pressure wound therapy (NPWT) surpassed a clinical evidence milestone of 2,000 published, peer-reviewed medical journal studies. V.A.C. This is the first and only NPWT solution to garner this number of published studies about its therapy.
6. CCT Tapes
Since 1992 CCT’s state of the art equipment, quality assurance lab, and skilled team have carried out that vision under his tutelage. It has headquarters situated in Wollerau Switzerland.
7. Avery Dennison Corporation
Avery Dennison Corporation manufactures and markets pressure-sensitive materials and products. Avery Dennison Corporation was founded in 1935 and is headquartered in Mentor, Ohio.
8. K.L. & Ling
K.L.L. was founded in 1972 in KaoHsiung city TaiWan and set out our 1st coating line for manufacturing adhesive tapes. It has headquarters situated in Kaohsiung, Taiwan.
9. TOYOCHEM Co. Ltd.
Founded in 1896 and operates as leading ink and tapes companies. It has headquarters situated in Tokyo, Japan and is operational in more than 20 countries.
*Definition-Masking tape is a paper tape that is lightly sticky, easily torn, and may be applied and withdrawn without leaving a trace. Painter's tape, often known as smooth and miniature crepe paper tape, is masking tape.
