Market Overview:
The global light blocking tapes 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 LCD and backlight modules, solar industry, and others applications across the globe. In terms of type, the under 40μm segment is expected to witness highest growth during the forecast period owing to its properties such as high transparency and low haze values.
Product Definition:
Light blocking tapes are adhesive tapes that can be used to block light from passing through a window, door or other opening. They are often used in conjunction with blackout curtains or shades to create a completely dark environment. Light blocking tapes can be purchased at most home improvement stores.
Under 40μm:
Under 40μm is the category of optical fiber cable length that has a core diameter of less than 40 microns. The small core size reduces the weight and increases the flexibility of these cables, which makes them suitable for use in high-temperature applications. They are used as light blocking tapes in solar panels to protect them from damage caused by weatherization and ensure longer life span.
The global light blocking tapes market size was valued at USD 1,37 billion in 2016.
40μm-60μm:
40μm-60μm is a range of block parties that are used for blocking light. It has high transmission and low absorption coefficient. 40μm to 60μm blocks out most of the light which is why it's called a block party.
Application Insights:
LCD and backlight module application segment led the global light blocking tapes market in 2017, accounting for a share of over 60% in terms of revenue. The product is widely used to prevent glare from sunlight during daytime and to improve the picture quality at night time. LCDs are widely used across commercial buildings, residential complexes, industrial units and public infrastructure projects owing to their thin profile design that does not affect the aesthetics of building facades.
The solar industry is expected to emerge as one of the fastest-growing segments over the forecast period on account of rising demand for photovoltaic cells across various regions including Asia Pacific and North America. Growing government support towards renewable energy generation coupled with increasing awareness regarding benefits associated with clean energy sources such as reduced greenhouse gas emissions has resulted in increased adoption across end-use industries such as construction materials manufacturing companies which are subsequently driving growth within this segment.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional light blocking tapes market at a CAGR of XX% from 2018 to 2030 owing to increasing construction activities in emerging countries such as China and India. In addition, growing demand for LCD and backlight module in this region will drive the industry growth over the forecast period.
Europe was valued at USD X million in 2017 owing to high product demand from solar industry for mounting glass sheets on buildings, which will drive innovation and development of new products over the next eight years. The North American market is also estimated to witness significant growth due its early adoption of innovative technologies across various industries including automotive, consumer electronics, etc.; hence boosting product sales over the forecast period.
Growth Factors:
- Increasing demand for light blocking tapes from the automotive industry for window tinting and sunroof applications.
- Growing popularity of solar films and window tints in the construction sector as a means to reduce energy consumption.
- Rising demand for light blocking tapes from the signage and graphics industry for backlit displays and illuminated signs.
- Increasing use of light blocking tapes in medical applications such as ophthalmology, optometry, and laser surgery procedures.
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Blocking Tapes Market Research Report
By Type
Under 40μm, 40μm-60μm, 60μm-100μm, Others
By Application
LCD and Backlight Module, Solar Industry, Others
By Companies
3M, Tesa, Nitto Denko, Avery Dennison, MAINELECOM Co.,Ltd., Thorlabs, Inc., Shinwha Intertek, NEION Film Coatings Corp., Dexerials Corporation, Zhongshan Guanchang Adhesive, Shenzhen Nikto Tap, JINYANG MTS Co., LTD, Suzhou Hengyue New Material, Guangdong Hongqing Electronic Materials, Luxking Group Holdings
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Light Blocking Tapes Market Report Segments:
The global Light Blocking Tapes market is segmented on the basis of:
Types
Under 40μm, 40μm-60μm, 60μm-100μm, Others
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
LCD and Backlight Module, Solar Industry, Others
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
- Tesa
- Nitto Denko
- Avery Dennison
- MAINELECOM Co.,Ltd.
- Thorlabs, Inc.
- Shinwha Intertek
- NEION Film Coatings Corp.
- Dexerials Corporation
- Zhongshan Guanchang Adhesive
- Shenzhen Nikto Tap
- JINYANG MTS Co., LTD
- Suzhou Hengyue New Material
- Guangdong Hongqing Electronic Materials
- Luxking Group Holdings
Highlights of The Light Blocking Tapes 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:
- Under 40μm
- 40μm-60μm
- 60μm-100μm
- Others
- By Application:
- LCD and Backlight Module
- Solar Industry
- Others
- 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 Light Blocking Tapes 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Light blocking tapes are a type of tape that is designed to reduce the amount of light that enters a room. This can be helpful in reducing energy costs and improving the quality of sleep.
Some of the major players in the light blocking tapes market are 3M, Tesa, Nitto Denko, Avery Dennison, MAINELECOM Co.,Ltd., Thorlabs, Inc., Shinwha Intertek, NEION Film Coatings Corp., Dexerials Corporation, Zhongshan Guanchang Adhesive, Shenzhen Nikto Tap, JINYANG MTS Co., LTD, Suzhou Hengyue New Material, Guangdong Hongqing Electronic Materials, Luxking Group Holdings.
The light blocking tapes 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 Light Blocking Tapes 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 Light Blocking Tapes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Light Blocking Tapes 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 Light Blocking Tapes 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 Light Blocking Tapes Market Size & Forecast, 2018-2028
4.5.1 Light Blocking Tapes Market Size and Y-o-Y Growth
4.5.2 Light Blocking Tapes Market Absolute $ Opportunity
Chapter 5 Global Light Blocking Tapes 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 Light Blocking Tapes Market Size Forecast by Type
5.2.1 Under 40μm
5.2.2 40μm-60μm
5.2.3 60μm-100μm
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Light Blocking Tapes 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 Light Blocking Tapes Market Size Forecast by Applications
6.2.1 LCD and Backlight Module
6.2.2 Solar Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Light Blocking Tapes 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 Light Blocking Tapes 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 Light Blocking Tapes Analysis and Forecast
9.1 Introduction
9.2 North America Light Blocking Tapes 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 Light Blocking Tapes Market Size Forecast by Type
9.6.1 Under 40μm
9.6.2 40μm-60μm
9.6.3 60μm-100μm
9.6.4 Others
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 Light Blocking Tapes Market Size Forecast by Applications
9.10.1 LCD and Backlight Module
9.10.2 Solar Industry
9.10.3 Others
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 Light Blocking Tapes Analysis and Forecast
10.1 Introduction
10.2 Europe Light Blocking Tapes 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 Light Blocking Tapes Market Size Forecast by Type
10.6.1 Under 40μm
10.6.2 40μm-60μm
10.6.3 60μm-100μm
10.6.4 Others
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 Light Blocking Tapes Market Size Forecast by Applications
10.10.1 LCD and Backlight Module
10.10.2 Solar Industry
10.10.3 Others
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 Light Blocking Tapes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Light Blocking Tapes 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 Light Blocking Tapes Market Size Forecast by Type
11.6.1 Under 40μm
11.6.2 40μm-60μm
11.6.3 60μm-100μm
11.6.4 Others
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 Light Blocking Tapes Market Size Forecast by Applications
11.10.1 LCD and Backlight Module
11.10.2 Solar Industry
11.10.3 Others
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 Light Blocking Tapes Analysis and Forecast
12.1 Introduction
12.2 Latin America Light Blocking Tapes 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 Light Blocking Tapes Market Size Forecast by Type
12.6.1 Under 40μm
12.6.2 40μm-60μm
12.6.3 60μm-100μm
12.6.4 Others
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 Light Blocking Tapes Market Size Forecast by Applications
12.10.1 LCD and Backlight Module
12.10.2 Solar Industry
12.10.3 Others
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) Light Blocking Tapes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Light Blocking Tapes 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) Light Blocking Tapes Market Size Forecast by Type
13.6.1 Under 40μm
13.6.2 40μm-60μm
13.6.3 60μm-100μm
13.6.4 Others
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) Light Blocking Tapes Market Size Forecast by Applications
13.10.1 LCD and Backlight Module
13.10.2 Solar Industry
13.10.3 Others
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 Light Blocking Tapes Market: Competitive Dashboard
14.2 Global Light Blocking Tapes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Tesa
14.3.3 Nitto Denko
14.3.4 Avery Dennison
14.3.5 MAINELECOM Co.,Ltd.
14.3.6 Thorlabs, Inc.
14.3.7 Shinwha Intertek
14.3.8 NEION Film Coatings Corp.
14.3.9 Dexerials Corporation
14.3.10 Zhongshan Guanchang Adhesive
14.3.11 Shenzhen Nikto Tap
14.3.12 JINYANG MTS Co., LTD
14.3.13 Suzhou Hengyue New Material
14.3.14 Guangdong Hongqing Electronic Materials
14.3.15 Luxking Group Holdings
