Airtight tape, also known as vapor barrier tape, is a type of self-adhesive tape used to ensure that joints in airtight or vapor barrier systems are completely sealed. It works with a wide variety of materials, including plastic sheeting, foam weatherstripping, and EPDM (ethylene propylene diene monomer) membrane.
Airtight tape is used to seal off any air leaks in buildings or any other structures that need to be airtight. It helps with insulation and soundproofing. It also helps to reduce energy costs by reducing the amount of air escaping from buildings and helping to maintain comfortable temperatures. This type of tape is commonly used in construction projects, in greenhouses and terrariums, and for home and industrial insulation.
The global market for airtight tape was estimated to be worth around $7 billion in 2020 and is projected to grow at a CAGR of around 5% from 2020 to 2026. The growth of the market is driven by rising demand for airtight sealing products in residential and commercial applications. Additionally, increasing focus on energy efficient buildings and rising government-led initiatives to promote energy conservation are expected to support market growth. There is also high demand for airtight tape in the automotive industry for applications such as sealing exhaust pipes. Rising demand from end-use industries is likely to be a key factor driving market growth over the forecast period.
The global Airtight Tape market was valued at US$ 1105.2 million in 2022 and is anticipated to reach US$ 1697.2 million by 2029, witnessing a CAGR of 6.2% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Airtight Tape Market available at: https://www.themarketreports.com/report/global-airtight-tape-market-research-report
This report aims to provide a comprehensive presentation of the global market for Airtight Tape, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Airtight Tape.
The major global companies of Airtight Tape include Nitto, Den Braven, Airstop, SIGA Tapes, A. Proctor, Gerlinger Group, Mitsubishi Chemical, ISO-Chemie, Pro Clima, Hanno, Scapa, Tesa, Tremco-Illbruck, Cotran etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
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