Home > Chemicals & Materials > Adhesives and Sealants > Specialty Adhesives > Water Blocking Tapes Market

Water Blocking Tapes Market Share

Report ID: GMI8957
Published Date: Apr 2024
Report Format: PDF

Download Free Sample

Water Blocking Tapes Market Share

Companies that make water-blocking tapes use a variety of strategies to remain competitive. To enhance product quality and durability and adjust to shifting market demands, they place a high priority on continuing research and development. To increase market presence, strategic cooperation and alliances are prioritized. To improve customer interaction and brand recognition, creative marketing strategies are used. Additionally, a customer-centric philosophy is adopted, providing superior service and tailored solutions. Sustainability is also crucial, with an emphasis on environmentally friendly materials and production techniques to comply with laws and regulations pertaining to the environment.

Companies such as 3M, Advance Tapes International Ltd., Berry Global Group, Star Materials, Intertape Polymer Group, and Nichiban Co., Ltd. employ diverse strategies to uphold their positions in the fiercely competitive water blocking tapes industry. 3M emphasizes innovation, consistently introducing state-of-the-art water blocking tape solutions with improved durability and performance. With a focus on quality assurance, Advance Tapes International Ltd ensures that all their products meet stringent standards for reliability and effectiveness. Berry Global Group adopts a customer-centric approach, customizing their offerings to meet the distinct requirements and preferences of each customer. Star Materials is dedicated to offering cost-effective solutions at competitive prices without compromising product quality. Intertape Polymer Group aims to expand its geographic footprint, penetrating new markets and regions.

Water Blocking Tapes Market Companies

Major players operating in the market include:

3M
Advance Tapes International Ltd (UK)
Berry Global Group, Inc. (US)
Star Materials
Intertape Polymer Group (Canada)
Nichiban Co., Ltd. (Japan)
Fori Group
Scapa Group Ltd (UK)
Navank Consultants
Nantong Siber Communication
Unitape
Chhaperia Cable Material Pvt. Ltd

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Industry size for water blocking tapes recorded USD 401.3 million in 2023 and will grow at a 5.7% CAGR between 2024 and 2032 owing to increasing demand in the telecommunications sector, especially for fiber optic cables and the growth of the construction industry.

The single-sided tape segment achieved 72.3% of the water blocking tapes industry share in 2023 and will register 73% share by 2032, attributed to its wide application in telecommunications, construction, and electrical utilities.

Asia Pacific industry size was 125.8 million in 2023 and will register USD 211.5 million by 2032, driven by the region's burgeoning construction and infrastructure development activities.

Prominent market players are 3M, Advance Tapes International Ltd (UK), Berry Global Group, Inc. (US), Star Materials, Intertape Polymer Group (Canada), Nichiban Co., Ltd. (Japan), Fori Group, Scapa Group Ltd (UK), Navank Consultants, Nantong Siber Communication among others.