Market Overview:
The global acrylic duct tape market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for acrylic duct tapes from commercial and individual applications. Acrylic duct tapes are used in a wide range of applications, such as sealing, repairing, holding and bundling. They are also used for insulation purposes and provide resistance against water and other weather-related damages.
Product Definition:
An adhesive tape made from acrylic resin and cloth fibers, used for joining and sealing ducts, pipes, and other conduits.
Double-sided:
Double-sided tape, also known as acrylic duct tape or simply duct tape, is a widely used packaging product manufactured and sold in various forms. It is made from plastic polymer resin and has an adhesive surface on one side and a non-adhesive backing on the other. The adhesive side of the product can be either printed or plain.
Single-sided:
Single-sided duct tape, also known as single-sided acrylic duct tape or simply acrylonitrile butadiene styrene (ABS) tape, is a type of plastic adhesive tape with a polyvinyl chloride backing. It is widely used in various end-use industries such as construction and packaging. The product finds application in the building & construction industry for sealing cracks and joints in pipes and walls.
Application Insights:
The commercial application segment accounted for the largest share of more than 60.0% in 2017. The product is widely used in the construction and automotive industries owing to its superior mechanical strength, high water resistance, and excellent sealing properties. It is also used extensively in HVAC applications as it provides thermal insulation and prevents air leakage at a reasonable cost.
Acrylic duct tapes are available with different patterns, colors, and grades to meet diverse customer requirements which will boost market growth over the forecast period. Furthermore, they can be easily installed without additional tools or equipment due to their hand-held backing; this factor will have a positive impact on market growth over the next eight years especially across developing regions such as Asia Pacific & MEA region where labor rates are high compared to western countries like U.S., Canada etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing construction activities and growing industrialization across emerging economies such as China, India, Indonesia and Malaysia. In addition, rising awareness regarding energy conservation is anticipated to drive demand for lighting solutions such as LEDs in this region thereby fueling product demand from 2018 to 2030.
Europe accounted for a significant share of global revenue in 2017 due to high application scope coupled with innovative designs implemented by vendors across this region. Acrylic duct tape has been used widely for covering joints and seams on furniture legs or any other surface that may come into contact with moisture or dust under normal circumstances; however it can also be used effectively as an acoustic insulation material between two surfaces having different acoustic properties (elevator panels & walls). This property makes it suitable for use between flooring panels & joists/struts/rafters etc.
Growth Factors:
- Increasing demand from construction and automotive industries
- Rising popularity of DIY projects
- Growing use in sealing and insulation applications
- Technological advancements in adhesive tapes manufacturing process
- Rising disposable income levels of consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Acrylic Duct Tape Market Research Report
By Type
Double-sided, Single-sided
By Application
Commerical, Individual
By Companies
3M, Shurtape, Whites, Signet, Perflex, Performer, 3M
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Acrylic Duct Tape Market Report Segments:
The global Acrylic Duct Tape market is segmented on the basis of:
Types
Double-sided, Single-sided
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commerical, Individual
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- Shurtape
- Whites
- Signet
- Perflex
- Performer
- 3M
Highlights of The Acrylic Duct Tape Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Double-sided
- Single-sided
- By Application:
- Commerical
- Individual
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acrylic Duct Tape Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Acrylic duct tape is a type of adhesive tape made from acrylic resin. It is often used to seal cracks and gaps in ductwork, as well as to secure objects together.
Some of the major companies in the acrylic duct tape market are 3M, Shurtape, Whites, Signet, Perflex, Performer, 3M.
The acrylic duct tape market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acrylic Duct Tape Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Acrylic Duct Tape Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Acrylic Duct Tape Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Acrylic Duct Tape Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Acrylic Duct Tape Market Size & Forecast, 2018-2028 4.5.1 Acrylic Duct Tape Market Size and Y-o-Y Growth 4.5.2 Acrylic Duct Tape Market Absolute $ Opportunity
Chapter 5 Global Acrylic Duct Tape Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Acrylic Duct Tape Market Size Forecast by Type
5.2.1 Double-sided
5.2.2 Single-sided
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Acrylic Duct Tape Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Acrylic Duct Tape Market Size Forecast by Applications
6.2.1 Commerical
6.2.2 Individual
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acrylic Duct Tape Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Acrylic Duct Tape Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Acrylic Duct Tape Analysis and Forecast
9.1 Introduction
9.2 North America Acrylic Duct Tape Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Acrylic Duct Tape Market Size Forecast by Type
9.6.1 Double-sided
9.6.2 Single-sided
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Acrylic Duct Tape Market Size Forecast by Applications
9.10.1 Commerical
9.10.2 Individual
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Acrylic Duct Tape Analysis and Forecast
10.1 Introduction
10.2 Europe Acrylic Duct Tape Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Acrylic Duct Tape Market Size Forecast by Type
10.6.1 Double-sided
10.6.2 Single-sided
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Acrylic Duct Tape Market Size Forecast by Applications
10.10.1 Commerical
10.10.2 Individual
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Acrylic Duct Tape Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Acrylic Duct Tape Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Acrylic Duct Tape Market Size Forecast by Type
11.6.1 Double-sided
11.6.2 Single-sided
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Acrylic Duct Tape Market Size Forecast by Applications
11.10.1 Commerical
11.10.2 Individual
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Acrylic Duct Tape Analysis and Forecast
12.1 Introduction
12.2 Latin America Acrylic Duct Tape Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Acrylic Duct Tape Market Size Forecast by Type
12.6.1 Double-sided
12.6.2 Single-sided
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Acrylic Duct Tape Market Size Forecast by Applications
12.10.1 Commerical
12.10.2 Individual
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Acrylic Duct Tape Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Acrylic Duct Tape Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Acrylic Duct Tape Market Size Forecast by Type
13.6.1 Double-sided
13.6.2 Single-sided
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Acrylic Duct Tape Market Size Forecast by Applications
13.10.1 Commerical
13.10.2 Individual
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Acrylic Duct Tape Market: Competitive Dashboard
14.2 Global Acrylic Duct Tape Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Shurtape
14.3.3 Whites
14.3.4 Signet
14.3.5 Perflex
14.3.6 Performer
14.3.7 3M