The global seam tapes market was valued at USD 208.1 Million in 2019 and is projected to reach USD 346.0 Million by 2027, expanding at a CAGR of 6.6% during the forecast period. Seam tapes are multilayered adhesive films that are applied to the sewn seams to prevent water leakage through the stitch holes and seams. Seam tapes are used for preventing leakages in numerous applications such as protective clothing (including PPE kits and military kits), waterproof apparel (such as rainwear), footwear (including shoes and wanders), automotive parts, and sporting goods.
Request Free Sample Report Here
Segmental Outlook
On the basis of Material, the seam tapes market is segmented into polyurethane (PU), thermoplastic polyurethane (TPU), and Others. The TPU segment is anticipated to expand at a CAGR of 6.9% during the forecast period owing to its broad usage in single layer seam tapes. TPU is also considered as a great adhesive in 2-layer seam tapes. Furthermore, the rising use of PVC is also expected to result in the growth of the segment. Poly vinyl chloride has properties of providing a tremendous waterproofing. The growth of this segment is attributed to its usage in rainwear to ensure water-resistant under the most extreme weather conditions. PVC-based seam tapes are considered to have a high resistance against moisture, abrasion, oils, and solutions with acids and alkaline.
Based on applications, the seam tapes market is divided into the roofing/ flooring, apparel, sports, protective clothing, and others. The protective clothing segment is projected to hold a major share of the market during the forecast period owing to the use of seam tapes for protective clothing is rising owing to its wide usage in chemical, building and construction, and military clothing and gears. Furthermore, the unprecedented occurrence of COVID-19 pandemic has resulted in the high usage in protective face masks and protective clothing such as PPE kits among doctors, nurses, and other medical staffs across the medical industry. The use of seam tapes, which are also known as PPE tapes, plays a crucial role in the formation of the PPE kits.
Regional Outlook
In terms of regions, the market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is a promising region for the market. The region constituted for 44.3% share of the market in 2020. The market in the region is projected to expand at a CAGR of 6.7% during the forecast period. Rising demand for seam tapes owing to the presence of several textile manufacturing companies in the countries such as China, India, Bangladesh, Vietnam, and Indonesia. Additionally, the abundant of raw materials availability along with the economic costs of labor has influenced many apparel and footwear manufacturing companies to establish business in the region, increasing the usage of seam tapes in clothing and footwears, and ultimately resulting in the expansion of market in the region. The market in Latin America is projected to expand at a CAGR of 6.0 due growing prevalence of measles in the region.
Competitive Landscape
Key players in the market include Bemis Associates Inc., DingZing Advanced Materials Inc., HiMEL, LOXY AS, and Toray Industries, Inc. These companies are considered manufacturers of Seam Tapes based on their revenue, research development (R&D) activities, regional presence, and supply chain management system.
Toray Industries, Inc. is a leading global company focusing on innovative technologies and advanced materials. The company offers a wide range of value-added products through its five major business segments including fibers and textiles, performance materials, carbon fiber composite materials, environment & engineering, and life science.
About Growth Market Reports:
GROWTH MARKET REPORTS provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GROWTH MARKET REPORTS has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys.
Contact:
Growth Market Reports
Phone: +1 909 414 1393
Email: [email protected]
Web: https://growthmarketreports.com
Seam Tapes Report by Material, Application, and Geography – Global Forecast to 2022 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China).Download FREE Sample of this Report @ https://www.24chemicalresearch.com/download-sample/29300/global-seam-tapes-2018-437 The growth in the sports and textile & apparel industries, due to the growing health awareness among consumers, changing lifestyle, and increasing fitness activities, are driving the growth of the seam tapes market during the forecast period.
In addition, an increase in demand for protective and comfortable garments are influencing the growth of the market.
The seam tapes market is projected to grow from USD 127.3 million in 2018 to USD 178.2 million by 2023, at a CAGR of 6.9% from 2018.
The report firstly introduced the Seam Tapes basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on.
Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc.
In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
The latest industry analysis report published by Reports and Data provides vital data and information relating to the global Seam Tapes Market industry and precisely evaluates the forecast market size and revenue growth rate.
The study specializes in in-depth analysis of the key market dynamics including drivers, restraints, opportunities, supply & demand ratios, upcoming market trends, technological innovations, and value chain analysis.
The report offers numerous Seam Tapes Market market projections based on historical and current market data.
Moreover, it presents quantitative and qualitative market insights derived through research studies and market surveys.The Seam Tapes market investigation report assesses the global market for the Seam Tapes industry and provides revenue and capability forecasts for the projected period of 2021-2028.
These segments are thoroughly examined in order to provide a more accurate outlook for the global and regional markets.
The report also examines the industry's major players, including their product portfolios, company overviews, strategic growth strategies, revenue generation, market share and size, geographic presence, and development and manufacturing capabilities.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1898Market Overview:Demand for innovative materials is driven by transformations in the energy, automotive, logistics, manufacturing, construction, and other industries, as well as growing industry 4.0 technologies.
