Metal Foil Tapes Market Size Worth $3.51 Billion By 2025 | CAGR: 6.3%: Grand View Research, Inc.

SAN FRANCISCO, August 15, 2017 /PRNewswire/ --

The global metal foil tapes market [http://www.grandviewresearch.com/industry-analysis/metal-foil-tapes-market ] is expected to reach USD 3.51 billion by 2025, according to a new report by Grand View Research, Inc. Increasing demand from building & construction industry has been a key factor driving market growth, globally. In addition, robust growth in various end-use industries such as automotive & transportation, electronics, consumer goods & appliances, defense and aerospace is also fueling the demand.

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Building & construction segment held the largest market share owing to its wide-scale usage in heating, ventilation and air conditioning (HVAC) for various purposes. In addition, rapid increase in infrastructural activities all over the globe is further driving the segment growth. Rising demand for metal foil tapes is anticipated to spur at a faster pace on account of rising need for environmental protection of assemblies and surfaces from extreme chemical and temperature conditions.

Aluminum foil tapes accounted as the largest metal type segment in 2016 and is anticipated to grow significantly over the coming years. It is extensively used on account of its superior performance in hot and cold environmental conditions. In electronics industry, metal foil tapes are extensively used to coat electrical cables as foil tape is polymer coated. Its resistance to weather shields communication cables from the environment is further supporting to increase the demand for metal foil tapes over the forecast period. Aluminum foil tapes are widely used in circuit boards, wrapping insulation cables and other temperature sensitive electronic materials.

Browse full research report with TOC on "Metal Foil Tapes Market Analysis, By Type (Aluminum, Copper, Lead), By Adhesive Type (Acrylic, Silicone, Rubber), By End-Use (Construction, Transportation, Defense & Aerospace, Electronics) And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/metal-foil-tapes-market

Further key findings from the report suggest: 

        
        - The global metal foil tapes demand was USD 2,042.2 million in 2016 and is expected
          to grow at a CAGR of 6.3% from 2017 to 2025. Building & construction emerged as the
          largest end-use segment in 2016 and is estimated to generate revenue worth USD 1,163.7
          million by 2025.
        - Global demand for copper foil tapes was USD 333.7 million in 2016 and is anticipated
          to witness staggered growth over the next eight years. The U.S. market in defense &
          aerospace segment was USD 35.6 million in 2016 and is projected to grow at rate of
          6.8% from 2017 to 2025
        - The industry in Asia Pacific is projected to witness substantial growth over the next
          eight years owing to robust growth in various end-use industries, especially in the
          building & construction market. In terms of revenue, the APAC market is expected to
          grow at a CAGR of 7.1% between 2017 and 2025
        - Key players including The 3M Company, Saint-Gobain S.A., Scapa Group Plc, Hitachi
          Maxell, Ltd., Shurtape Technologies, LLC and Nitto Denko Corporation dominated the
          global market while acquiring for over half of the total revenue in 2016

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Grand View Research has segmented the global metal foil tapes market on the basis of metal type, adhesive type, and end-use, and region: 

        
        - Metal Type Outlook (Revenue, USD Million, 2014 - 2025) 
             - Aluminum
             - Copper
             - Lead
             - Others
        - Adhesive Type Outlook (Revenue, USD Million, 2014 - 2025) 
             - Acrylic
             - Silicone
             - Rubber
             - Others
        - End-Use Outlook (Revenue, USD Million, 2014 - 2025) 
             - Building & Construction
             - Automotive & Transportation
             - Defense & Aerospace
             - Electronics
             - Consumer Goods & Appliances
             - Others
        - Regional Outlook (Revenue, USD Million, 2014 - 2025) 
             - North America
                - U.S.
                - Canada
             - Europe
                - Germany
                - UK
                - France
             - Asia Pacific
                - China
                - India
                - Japan
             - Central & South America
                - Brazil
             - Middle East & Africa 

Read Our Blog By Grand View Research: http://www.grandviewresearch.com/blog/metal-foil-tapes-industry-outlook

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

        

        Contact: 
        Sherry James 
        Corporate Sales Specialist, USA 
        Grand View Research, Inc 
        Phone: +1-415-349-0058 
        Toll Free: +1-888-202-9519 
        Email: sales@grandviewresearch.com 

 

Web: www.grandviewresearch.com [http://www.grandviewresearch.com ]


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SOURCE Grand View Research, Inc.