The global Cable Wrapping Tapes market was valued at US$ 1461.5 million in 2019 and it is expected to reach US$ 1693.2 million by the end of 2026, growing at a CAGR of 2.1% during 2021-2026.
Wires and cables have become one of the most indispensable parts in today’s advanced and digitized era. Today, wires and cables find extensive applications across all industries, such that, the wires and cables industry has a promising outlook. In such a digital world, where electricity has emerged as one of the most heavily used means of energy, internet and telephones are daily necessities for billions of people, institutions and offices, there is an absolute need for uninterrupted high-quality service. Cable Wrapping Tapes fulfill that requirement, providing high-quality uninterrupted supply of electricity and cable protection for lucrative and emerging markets, for products, such as fiber optics, and extra high-voltage cables. The global Cable Wrapping Tapes market has a largely positive future outlook, which can be attributed to extensive usage in almost all industries and markets. There is hardly any factor which can cause the global Cable Wrapping Tapes market to significantly alter its course. Cable Wrapping Tapes have been successfully used in data transmission, underwater cables, and energy projects. Manufacturers of Cable Wrapping Tapes are expected to focus on sales in emerging economies, where internet and cable still have relatively low penetration.
Cable Wrapping Tape is a tape used to insulate electrical wires and other material that conduct electricity. It can be made of many plastics, but vinyl is most popular, as it stretches well and gives an effective and long lasting insulation.
The global largest market is Asia-Pacific. The market will reached a revenue of approximately 1,162.58 M USD in 2025, and the revenue share is 69.48%.There are major three classification of Cable Wrapping Tapes in this report, cloth Cable Wrapping Tapes, PVC Tapes and PET Tapes. Globally, the production value share of each type of Cable Wrapping Tapes is 5.99%, 84.37% and 7.69% in 2018.
Global Cable Wrapping Tapes Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Cable Wrapping Tapes Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are 3M, Yongle (Avery Dennison), Achem (YC Group), Tesa (Beiersdorf AG), Nitto, IPG, Scapa, Saint Gobin (CHR), Four Pillars, H-Old, Plymouth, Teraoka, Wurth, HellermannTyton, Shushi, Yongguan Adhesive, Sincere, Denka, Furukawa Electric, Berry Plastics, Jinyang Technology, Han Yang Chemical, Yangzhou Xiqite Cable Material and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Cloth Tape
- PVC Tape
- PET Tape
In 2018, Cloth Tape accounted for a major share of 84% in the global Cable Wrapping Tapes market. And this product segment is poised to reach 186.59 M USD by 2025 from 158.7 M USD in 2018.
Segment by Application
- Power Industry
- Communications Industry
In the global Cable Wrapping Tapes market, Power Industry segment holds an important share in terms of application, and it is expected to reach a volume of 2109.08 (M Sqm) by 2025, at a CAGR of 5.55% during 2019 and 2025. It means that the global Cable Wrapping Tapes will be promising in the Power Industry in the next couple of years.
Table of Content:
1 Cable Wrapping Tapes Market Overview
2 Cable Wrapping Tapes Market Competition by Manufacturers
3 Cable Wrapping Tapes Retrospective Market Scenario by Region
4 Global Cable Wrapping Tapes Historic Market Analysis by Type
5 Global Cable Wrapping Tapes Historic Market Analysis by Application
6 Key Companies Profiled
7 Cable Wrapping Tapes Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Cable Wrapping Tapes Market Dynamics
10 Global Cable Wrapping Tapes Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta