The global Unsupported Single Coated Tape Market is estimated to clock a revenue of USD 7.1 billion in 2023. The unsupported single coated tape suppliers can expect a consistent CAGR of 3.5% through 2033, with a forecast valuation of USD 10.9 billion by 2033.
| Attribute | Details |
|---|---|
| Unsupported Single Coated Tape Market Size, 2022 | USD 5.7 billion |
| Unsupported Single Coated Tape Market Size, 2023 | USD 7.1 billion |
| Unsupported Single Coated Tape Market Size, 2033 | USD 10.9 billion |
| Value-based CAGR (2023 to 2033) | 3.5% |
Key Trends Spotted in the Unsupported Single Coated Tape Market
Availability of new and finer tapes! There is a running trend to bring efficiencies in tape technology. For this, manufacturers are incessantly working toward the development of tapes with more adhesive strength, durability, and temperature resistance. This opens the scope of unsupported single coated tape in demanding applications where high-level performance and long-term reliability are critical.
Surging demand for lightweight products! The demand for compact and lightweight products is supplementing the market growth of unsupported single coated tape. These tapes offer a secure and reliable bonding solution without adding considerable weight to the final product, thus making them ideal for industries concerned about optimizing space and reducing weight.
The future is sustainable! Key players are introducing eco-friendly and sustainable unsupported single-coated tapes due to rising environmental concerns. Manufacturers are concentrating on developing tapes that can be recycled and have a low impact on the environment.
Demand for a higher level of adhesion! There is a growing demand for better bonding between the substrate and tape, along with the requirement for improved abrasion resistance, to cater to several end-use industries.
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| Attributes | Details |
|---|---|
| Unsupported Single Coated Tape Market Size (2018) | USD 4.97 billion |
| Unsupported Single Coated Tape Market Size (2022) | USD 5.7 billion |
The market valuation of unsupported single-coated tapes appreciated from USD 4.97 billion in 2018 to USD 5.7 billion by 2022. Presently, it stands at a valuation of USD 7.1 billion and is projected to arrive at USD 10.9 billion by 2033, as per the latest market study. Key factors that have been propelling the product sales include:
| Countries | CAGR (2023 to 2033) |
|---|---|
| India | 6.2% |
| China | 5.4% |
| United Kingdom | 4.1% |
| Canada | 3.5% |
| Thailand | 5.4% |
The India unsupported single coated tape market is predicted to expand at a CAGR of 6.2% through 2033. Market scope is predicted to be impacted by the following factors:
The unsupported single coated tape market in China is estimated to record a CAGR of 5.4% over the assessment period. Mentioned below are the key factors that are impelling sales of these tapes.
The sales of unsupported single coated tape in the United Kingdom are predicted to expand at a CAGR of 4.1% through 2033. Compared to other countries in Europe, the rate of product sales is expected to be higher than Germany, Italy, and France, where the CAGRs have been estimated to be 2.1%, 3.2%, and 3.5%, respectively, throughout the forecast period. New legislation related to the use of adhesive tapes is a major factor dimming the prospects for unsupported single coated tape in the region.
For a robust future of adhesive-tape-related organizations, these organizations are expected to adapt to the new legal requirements by integrating their business models with these regulatory updates. In the future, companies, whether large or small, who incorporate regulatory concerns in product development, product procurement, and sustainable development are predicted to achieve success in unsupported single coated tape business.
The unsupported single coated tape market in Canada is predicted to have higher growth prospects than in the United States. Since the market reach in the United States is already quite high for the established players, they are seeking new markets with potential for growth. The following factors are positively impacting the sales of unsupported single coated tape in Canada:
In Asia Pacific, Thailand is another significant market for unsupported single coated tape. The market in the country is predicted to register a CAGR of 5.4% through 2033.
Principal Consultant
| Top Product Type | Market Share (2023) |
|---|---|
| Ordinary Tape | 55.6% |
By product type, the ordinary tape segment accounts for 55.6% of the market share. These tapes are used for their versatility and effectiveness and find extensive applications in sectors like construction, medical, automotive, white goods, etc. Since these sectors exhibit healthy growth, the rate at which unsupported single-coated tape is purchased is predicted to be steady.
These tapes are found to be utilized in both industrial as well as consumer use, and their utilization goes beyond the regular uses like securing wires, masking areas while painting, sealing packages, etc.
| Top Application | Market Share (2023) |
|---|---|
| Building and Construction | 31.1% |
Unsupported single-coated tape is an essential tool for many contractors working in the construction and building sector. Due to its versatility, cost-effectiveness, and convenience, the product finds extensive application in the construction sector. The building and construction sector is predicted to account for a 31.1% share of the global market
Healthy growth of the building and construction sector is projected to spur demand for unsupported single-coated tape to seal and bond multiple building materials like plywood, drywall, roofing materials, and insulation. The demand for these tapes to mask off areas during wall painting and various finishing processes is also projected to upsurge.
Key players are strategizing to expand their businesses in emerging markets where the construction and packaging sectors are thriving. Market participants are also striving to develop high-performing tapes that can beat harsh weather conditions and maintain their adhesiveness for longer periods.
A key focus while moving forward is product sustainability. For instance, Nitto Denko Corporation, one of the leading players in the unsupported single coated tape market, offers an eco-friendly single-sided tape, HF-105E, which is hand-cuttable, flexible, and capable of adhering to the surface of the substrate. It is effective in fixing harnesses for automobile roof materials.
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| Company Name | Details |
|---|---|
| Arkema (Bostik) | The firm is headquartered in France, and it produces an extensive range of products like sealants, adhesives, and coatings. The Bostik division is a key producer of unsupported single coated tape, thus serving industries like packaging, construction, and automotive. |
| 3M | The company is headquartered in the United States. It develops a broad range of products like tapes, adhesives, medical devices, and abrasives. The Industrial Adhesives and Tapes Division is a key producer of unsupported single coated tape. |
| Nitto Denko | The company is headquartered in Osaka. It develops a range of products like tapes, adhesives, and optical films. |
| Scapa | The conglomerate is based in Blackburn. It manufactures multiple products like release liners, labels, and adhesive tapes. The Industrial Division of the company produces unsupported single coated tape. |
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 3.5% from 2023 to 2033 |
| Base Year for Estimation | 2022 |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Product Type, Application, Region |
| Regions Covered | North America; Latin America; Western Europe; Easter Europe; Asia Pacific; Middle East and Africa |
| Key Countries Profiled | The United States, Canada, Brazil, Argentina, Germany, The United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia and New Zealand, China, India, ASEAN, GCC, South Africa |
| Key Companies Profiled | Arkema (Bostik); 3M; Nitto Denko; Scapa; Avery Dennison; Syntac Coated Products; Intertape Polymer, Adhesives Research; Berry Plastics; Cantech; American Biltrite; Shurtape Technologies; Essentra; Adhesive Applications; Mactac; Main Tape; tesa SE; DYNAREX; DeWAL Industries, Medline Medical; Lamart Corp.; McKesson; Johnson & Johnson; Cardinal Health; Worthen Industries; Coroplast Tape Corporation; CCT Tapes |
| Customization | Available Upon Request |
The unsupported single coated tape market is worth USD 7.1 billion in 2023.
The market is expected to expand at a CAGR of 3.5% through 2033.
The market is anticipated to account for USD 10.9 billion by 2033.
India is predicted to provide high growth opportunities to market players.
Ordinary tape finds high preferability among application sectors.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. Ordinary Tape 5.2. Specialty Pressure Sensitive Tape 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Aerospace 6.2. Medical 6.3. Retail/Graphics 6.4. Building/Construction 6.5. Paper/Printing 6.6. Hygiene 6.7. White Goods 6.8. Automotive 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 7.1. North America 7.2. Latin America 7.3. Western Europe 7.4. Eastern Europe 7.5. South Asia and Pacific 7.6. East Asia 7.7. Middle East and Africa 8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Key Countries Market Analysis 16. Market Structure Analysis 17. Competition Analysis 17.1. Arkema (Bostik) 17.2. 3M 17.3. Nitto Denko 17.4. Scapa 17.5. Avery Dennison 17.6. Syntac Coated Products 17.7. Intertape Polymer, Adhesives Research 17.8. Berry Plastics 17.9. Cantech 17.10. American Biltrite 17.11. Shurtape Technologies 17.12. Essentra 17.13. Adhesive Applications 18. Assumptions & Acronyms Used 19. Research Methodology
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Unsupported Single Coated Tape Market
