Waterproof Tapes Market worth $21.3 billion by 2027
The report "Waterproof Tapes Market by Resin (Acrylic, Silicone, Butyl), Substrate Type (Plastic, Metal, Rubber), End-Use Industry (Electrical & Electronics, Automotive, Building & Construction, Healthcare, Packaging) and Region - Global Forecast to 2027", is projected to grow from USD 15.5 billion in 2022 to USD 21.3 billion by 2027, at a CAGR of 6.6% between 2022 and 2027. Growing demand from electrical & electronic and building & construction industries to increase the market of waterproof tapes.
Browse 208 market data Tables and 52 Figures spread through 270 Pages and in-depth TOC on "Waterproof Tapes Market by Resin (Acrylic, Silicone, Butyl), Substrate Type (Plastic, Metal, Rubber), End-Use Industry (Electrical & Electronics, Automotive, Building & Construction, Healthcare, Packaging) and Region - Global Forecast to 2027"
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Healthcare is the fastest-growing segment of the overall waterproof tapes market.
The major applications of waterproof tapes in the healthcare industry are surgical containers, monitoring electrodes, cover wounds, fix cover shields during surgeries, protecting abrasions, cuts, minor burns, blisters, and incisions. They are also used as initial bandage cover, general taping needs, and out-patient use. The tapes are also ideal for swimmers, patch tests, carriers for cutaneous transfer drugs, fixing ostomy bags, and transdermal systems.
China is the largest waterproof tapes market in Asia Pacific during the forecast period.
The building and construction industry in China is expected to grow due to the implementation of new industry norms and promotional activities. Rising demand from new construction and renovation activities, government and private investment in residential and commercial projects, and rising consumer spending power are the prominent driving factors for the growth of the waterproof tapes market in China. Increased population, improved lifestyle, low labor costs, and restructured environmental regulat
The key players profiled in the waterproof tapes market report are 3M (US), Nitto Denko Corporation (Japan), tesa SE (Germany), Johnson & Johnson (US), and Henkel AG & CO. KGAA (Germany
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