Construction Adhesive Tapes Market to Witness Huge Growth by Key Players: Nitto Denko Corporation, Tesa SE, Beery Global Inc, Scapa Group Ltd

Global Construction Adhesive Tapes Market 2022-2027, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The construction adhesive tapes market is estimated to be USD 2.5 billion in 2022 and is projected to reach USD 3.1 billion by 2027, at a CAGR of 4.6% between 2022 and 2027. Construction Adhesive Tapes Market by Technology, Resin Type, Application, End-Use Industry (Non-Residential, Residential), and Region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) - Global Forecast to 2027.

The report provides a comprehensive analysis of company profiles listed below:
• 3M (US)
• Nitto Denko Corporation (Japan)
• Tesa SE (Germany)
• Scapa Group Ltd (UK)
• Inter tape Polymer Group (Canada)
• Beery Global Inc. (US)
• Nichiban Co. Ltd. (Japan)
• Sika AG (Switzerland)

"Safety and ease of application provided by construction adhesive tapes to boost the market growth."
The use of adhesive tapes has many advantages such as versatility and ease of application. For instance, construction adhesive tapes not only join two similar or dissimilar materials but also reduce vibration and act as corrosion inhibitors. The ever-increasing need for high performance across all modern applications is driving the growth of the construction adhesives market. This also results in the development of newer and improved applications and performance properties of construction adhesive tapes.

"Recovering construction industry from pandemic in China and other countries to create opportunities for construction adhesive tapes market."
The economy of China is the significantly growing significantly economy and the country is considered a powerhouse of the construction industry, globally. Although China was the epicenter of the COVID-19 pandemic, it has shown signs of recovery, supported by investment in infrastructure. According to the National Development and Reform Commission (NDRC), China has already resumed construction of almost all of the projects. Countries such as India, Australia, Japan, the US, and the UK are also showing good recovery and gaining pace in the construction industry.

"Changing regulations and industry standards to be a major challenge for construction adhesive tapes market."
Regulations regarding the use of construction adhesive tapes are undergoing many changes, which pose challenges to the manufacturers of these adhesives. For instance, the changes in rules and standards imposed by the Construction Products Regulation (CPR) in the European Union is a major concern for manufacturers of construction adhesives, as they determine the minimum (or maximum) performance levels of the construction products. The development of new products undergoes time-consuming labeling and paperwork to demonstrate compliance with the new regulatory policies.

"North America to be the second-fastest-growing region in construction adhesive tapes market in terms of both value and volume."
North America is the largest market for construction adhesive tapes. The region has high demand for construction adhesive tapes for various residential and non-residential purposes. North America is among the largest construction market in the world. The building & construction industry in North America is highly developed, and architects and builders present in this region are acquainted and skilled with the use of modern architecture in residential and non-residential construction.

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Competitive Landscape of Construction Adhesive Tapes Market:
1 Introduction
2 Market Share Analysis
3 Market Ranking
4 Revenue Analysis Of Top Market Players
5 Company Evaluation Matrix
5.1 Star
5.2 Pervasive
5.3 Participants
5.4 Emerging Leaders
5.5 Strength Of Product Portfolio
5.6 Business Strategy Excellence
6 Start-Up/Small And Medium-Sized Enterprises (Sme) Evaluation Matrix
6.1 Progressive Companies
6.2 Responsive Companies
6.3 Dynamic Companies
6.4 Starting Blocks
7 Market Evaluation Framework

Reason to access this report:
The report will help leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall construction adhesive tapes market and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

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