Cable Wrapping Tapes Market Share

  • Report ID: 5359
  • Published Date: Nov 01, 2023
  • Report Format: PDF, PPT

Cable Wrapping Tapes Market Share

APAC Market Forecast

Asia Pacific cable wrapping tapes market is anticipated to hold around 47% of the revenue share by 2036. This is primarily attributed to the increasing demand for electrical devices and heavy investments in the power sector. In line with our analysis, energy generation in the APAC region is expected to rise by 4% per year between 2022 and 2030. Demand for better cables and wires for the electrical fittings significantly increases the market revenue for global cable wrapping tape. Further, the adoption of industry 4.0 initiatives to boost infrastructure across manufacturing/production & and related industries and value creation processes, is expected to propel the market. Also, the demand for power cord solutions across industrial sectors in developing countries in the Asia Pacific region such as South Korea, India, and others is anticipated to boost the market’s growth.

North America Market Statistics

North America cable wrapping tapes market is estimated to possess significant revenue share owing to several factors. The region has developed infrastructure, sophisticated manufacturing capacities, and a strong demand for electric products in different sectors like construction, the automotive sector as well and electronics. The presence of major players in the market. The dominant position of North America on the global market is driven by technological progress and stringent safety regulations. Moreover, demand for cable wrapping tapes in the region is driven by an increasing emphasis on energy efficiency and increased use of renewables.

Research Nester
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 5359
  • Published Date: Nov 01, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising demand in the automotive industry, penetration of automation, increasing use in the telecommunication sector, and surge in the use of consumer electronics are some of the major growth factors for the cable wrappings tape market

The market size of cable wrapping tape is anticipated to attain a CAGR of 7 % over the forecast period, i.e., 2024 – 2036.

The major players in the market are PARKER HANNIFIN CORP, Scapa Group Ltd, HellermannTyton., Polycom Associates, JINYANG TECHNOLOGY CO., LTD., AVERY DENNISON CORPORATION., ACHEM, Nitto Denko Corporation, Intertape Polymer Group Inc., Teraoka Seisakusho co., Ltd. And others.

The PVC Tapes segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample