Asia Pacific Building & Construction Tapes Market Size & Outlook
Asia Pacific building & construction tapes market highlights
- The Asia Pacific building & construction tapes market generated a revenue of USD 1,306.9 million in 2022.
- The market is expected to grow at a CAGR of 5.8% from 2023 to 2030.
- In terms of segment, duct tapes was the largest revenue generating product in 2022.
- Double Sided Tapes is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2022 | USD 1,306.9 million |
| Market revenue in 2030 | USD 2,044.2 million |
| Growth rate | 5.8% (CAGR from 2022 to 2030) |
| Largest segment | Duct tapes |
| Fastest growing segment | Double Sided Tapes |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Double Sided Tapes, Masking Tapes, Duct Tapes, Other Tapes |
| Key market players worldwide | Beiersdorf AG, 3M Co, PPG Industries Inc, Avery Dennison Corp, Compagnie de Saint-Gobain SA, Berry Global Group Inc, LINTEC Corp, American Biltrite Inc, Mativ Holdings Inc, Henkel AG & Co KGaA, Nitto Denko Corp, Hitachi Ltd, DuPont de Nemours Inc |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 28.1% of the global building & construction tapes market in 2022.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 1,973.0 million by 2030.
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Building & Construction Tapes Market Scope
Building & Construction Tapes Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| American Biltrite Inc | View profile | 600 | 57 River Street, Suite 302, Wellesley Hills, MA, United States, 02481-2097 | http://www.ambilt.com |
| LINTEC Corp | View profile | 5418 | 23-23 Honcho, Itabashi-ku, Tokyo, Japan, 173-0001 | http://www.lintec.co.jp |
| PPG Industries Inc | View profile | 53000 | One PPG Place, Pittsburgh, PA, United States, 15272 | https://www.ppg.com |
| Mativ Holdings Inc | View profile | 5400 | 100 Kimball Pl, Suite 600, Alpharetta, GA, United States, 30009 | https://www.mativ.com |
| Nitto Denko Corp | View profile | 28193 | 4-20, Ofuka-Cho, 33rd Floor, Grand Front Osaka, Kita-Ku, Osaka, Japan, 530-0011 | http://www.nitto.com |
| Berry Global Group Inc | View profile | 44000 | 101 Oakley Street, Evansville, IN, United States, 47710 | https://www.berryglobal.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
| Henkel AG & Co KGaA | View profile | 48000 | Henkelstrasse 67, Duesseldorf, NW, Germany, 40589 | https://www.henkel.com |
| Beiersdorf AG | View profile | 21958 | Unnastrasse 48, Hamburg, Germany, 22529 | https://www.beiersdorf.com |
| Avery Dennison Corp | View profile | 35000 | 8080 Norton Parkway, Mentor, OH, United States, 44060 | https://www.averydennison.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Asia Pacific building & construction tapes market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to building & construction tapes market will help companies and investors design strategic landscapes.
Duct tapes was the largest segment with a revenue share of 33.29% in 2022. Horizon Databook has segmented the Asia Pacific building & construction tapes market based on double sided tapes, masking tapes, duct tapes, other tapes covering the revenue growth of each sub-segment from 2018 to 2030.
Construction industry in developing regions, such as Asia Pacific, is anticipated to outperform that in developed regions on account of increasing per capita income and rapid urbanization.
Fast growth in frontier markets in Southeast Asia is estimated to balance the slowdown in China. Construction companies in Asia Pacific region are increasingly entering into collaborations with esteemed tape manufacturing companies in addition to being involved in commodity and low-value tape production.
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Target buyers of Asia Pacific building & construction tapes market databook
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Our clientele includes a mix of building & construction tapes market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific building & construction tapes market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific building & construction tapes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific Building & Construction Tapes Market Outlook Share, 2022 & 2030 (US$M)
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