Market Overview:
The global PTFE thread seal 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 PTFE thread seal tapes from various end-use industries, such as automobiles, boats, instruments, computers and others. In addition, the growing demand for high-quality products is also contributing to the growth of this market.
Product Definition:
PTFE Thread Seal Tape is a pressure-sensitive tape used to seal threaded fittings.
Black Tape:
Black tape, also known as PTFE tape or Teflon tape is a non-resilient sealing material that is widely used in the packaging industry. It has high tensile strength and low elongation to breakage ratio. The product finds application in food & beverage, pharmaceuticals, chemicals & petrochemicals and automotive industries for the packaging of threads, valves and pipes.
Red Tape:
Red tape is a generic name given to any adhesive or sealant used in the construction industry. In PTFE thread seal tapes market, red tape is generally used as an adhesive for sealing the threads of pipe fittings and other components. It also helps in preventing water leakage and air infiltration through joints which are further exposed to harsh environments such as chemical processing plants, oil & gas refineries, power generation plants among others.
Application Insights:
Automotive application dominated the global PTFE thread seal tapes market in terms of revenue share at over 35.0% in 2017. The product is widely used to prevent leakage of fluids due to gaps between components and sealing around electrical connectors, fuel lines, oil filters and air intake ducts among others. In addition, rising demand for lightweight yet durable automotive parts with enhanced performance characteristics is expected to propel segment growth over the forecast period.
The use of PTFE thread seal tape eliminates the need for additional adhesive or mechanical fasteners which leads to improved design flexibility and lower part count while maintaining high quality standards required by end-users across various industries including aerospace & defense and medical equipment during manufacturing processes leading to higher product consumption globally.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Malaysia. Growing automotive production in these countries coupled with growing marine & aerospace industry will drive product demand further.
Europe accounted for a significant share of global PTFE thread seal tapes market on account of high application scope in the region. The presence of major automobile manufacturers including BMW AG; Fiat Chrysler Automobiles N.V.; Ford Motor Company; Mercedes-Benz AG Daimler AG; Porsche Austria GmbH; Volkswagen Group A/S has fueled product demand across Europe over the past few years as automakers are increasingly focusing on fuel efficiency while driving vehicles thus increasing importance for sealing products that reduce leakage current flow between electrical components or seals used between engine parts and exterior body structure).
Growth Factors:
- Increasing demand from the automotive and aerospace industries
- Growing popularity of PTFE thread seal tapes in Asia Pacific region
- Rising awareness about the benefits of using PTFE thread seal tapes
- Technological advancements in the manufacturing process of PTFE thread seal tapes
- Growing demand for high-performance sealing products
Scope Of The Report
Report Attributes
Report Details
Report Title
PTFE Thread Seal Tapes Market Research Report
By Type
Black Tape, Red Tape, Green Tape, White Tape
By Application
Automobiles, Boats, Instruments, Computers, Others
By Companies
3M, Coda Resources (Cambridge), ECM (Calterm), Gardner Bender, Permatex, Plasti Dip (Performix), Star Brite, TCC (BlueMagic), West Marine, WURTH
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global PTFE Thread Seal Tapes Market Report Segments:
The global PTFE Thread Seal Tapes market is segmented on the basis of:
Types
Black Tape, Red Tape, Green Tape, White Tape
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
Automobiles, Boats, Instruments, Computers, 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
- Coda Resources (Cambridge)
- ECM (Calterm)
- Gardner Bender
- Permatex
- Plasti Dip (Performix)
- Star Brite
- TCC (BlueMagic)
- West Marine
- WURTH
Highlights of The PTFE Thread Seal 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:
- Black Tape
- Red Tape
- Green Tape
- White Tape
- By Application:
- Automobiles
- Boats
- Instruments
- Computers
- 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 PTFE Thread Seal 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.
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- Correctly Positioning New Products
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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?
PTFE Thread Seal Tapes are a type of tape that is used to seal threaded connections. They are made from a non-toxic, fluorocarbon-based material and can be easily applied to the threads of the connection. When properly installed, PTFE Thread Seal Tapes help prevent leaks and keep contaminants out of the system.
Some of the major companies in the ptfe thread seal tapes market are 3M, Coda Resources (Cambridge), ECM (Calterm), Gardner Bender, Permatex, Plasti Dip (Performix), Star Brite, TCC (BlueMagic), West Marine, WURTH.
The ptfe thread seal 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 PTFE Thread Seal 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 PTFE Thread Seal Tapes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 PTFE Thread Seal 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 PTFE Thread Seal 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 PTFE Thread Seal Tapes Market Size & Forecast, 2020-2028
4.5.1 PTFE Thread Seal Tapes Market Size and Y-o-Y Growth
4.5.2 PTFE Thread Seal Tapes Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Black Tape
5.2.2 Red Tape
5.2.3 Green Tape
5.2.4 White Tape
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Automobiles
6.2.2 Boats
6.2.3 Instruments
6.2.4 Computers
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global PTFE Thread Seal 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 PTFE Thread Seal 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Black Tape
9.6.2 Red Tape
9.6.3 Green Tape
9.6.4 White Tape
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 Market Size Forecast by Applications
9.10.1 Automobiles
9.10.2 Boats
9.10.3 Instruments
9.10.4 Computers
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Black Tape
10.6.2 Red Tape
10.6.3 Green Tape
10.6.4 White Tape
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 Market Size Forecast by Applications
10.10.1 Automobiles
10.10.2 Boats
10.10.3 Instruments
10.10.4 Computers
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Black Tape
11.6.2 Red Tape
11.6.3 Green Tape
11.6.4 White Tape
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 Market Size Forecast by Applications
11.10.1 Automobiles
11.10.2 Boats
11.10.3 Instruments
11.10.4 Computers
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Black Tape
12.6.2 Red Tape
12.6.3 Green Tape
12.6.4 White Tape
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 Market Size Forecast by Applications
12.10.1 Automobiles
12.10.2 Boats
12.10.3 Instruments
12.10.4 Computers
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Black Tape
13.6.2 Red Tape
13.6.3 Green Tape
13.6.4 White Tape
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) Market Size Forecast by Applications
13.10.1 Automobiles
13.10.2 Boats
13.10.3 Instruments
13.10.4 Computers
13.10.5 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 PTFE Thread Seal Tapes Market: Competitive Dashboard
14.2 Global PTFE Thread Seal Tapes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Coda Resources (Cambridge)
14.3.3 ECM (Calterm)
14.3.4 Gardner Bender
14.3.5 Permatex
14.3.6 Plasti Dip (Performix)
14.3.7 Star Brite
14.3.8 TCC (BlueMagic)
14.3.9 West Marine
14.3.10 WURTH
