Market Overview:
The global pipe marking tape market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for pipe marking tapes from various end-use industries, such as oil & gas, water management, and others. In addition, the growing awareness among consumers about the benefits of using pipe marking tapes is also contributing to the growth of this market. Based on type, the global pipe marking tape market can be segmented into plastic tape, paper tape, foam tape and other types. Among these segments, plastic tapes are expected to witness highest growth during the forecast period owing to their properties such as durability and resistance against weather conditions. By application, pipeline accounted for majority share in 2017 and is projected to maintain its dominance during the forecast period due to increasing investments in oil & gas sector across different regions worldwide.
Product Definition:
A pipe marking tape is a type of adhesive tape used to identify the contents and/or purpose of pipes. The tape is typically applied in a spiral around the circumference of the pipe. Pipe marking tapes can be made from a variety of materials, including vinyl, cloth, or paper.
Plastic Tape:
Plastic tape is a widely used material in the pipe marking industry. It is available in various forms including PVC, polyester, and polypropylene. The growth factor for plastic tape market includes usage of plastic tapes across several industries such as construction, automotive & transportation and packaging among others. In addition to this growing demand from end-use industries; increasing investments by major players to introduce advanced products with enhanced properties are expected to drive the global market over the forecast period.
Paper Tape:
Paper tape and it's usage in pipe marking tape market is used for labeling pipes, tubes, hoses & cables. It helps to identify the type of material or fluid that is being carried through the pipes. Paper tapes are available in different forms such as plastic backed paper tapes and non-backed paper tapes. The choice of a specific type depends on the application area where they are going to be used.
Application Insights:
Pipeline application dominated the global market in terms of revenue share in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to its wide-scale adoption for marking and identifying pipelines on various scales, from small diameter pipes (SDH & SWH) up to large capacity pipes (LDPE & LDPE).
The drain valve application segment is also expected to witness significant growth during the same period owing to its increasing use across industries including oil and gas, chemical, petrochemical, pharmaceuticals etc. Drain valves are used for controlling or releasing flow through a valve seat that seats against an opening and closing mechanism that consists of a stem with ports or openings at both ends called as male end and female end respectively. Marking drain valves enables easy identification by personnel engaged in maintenance operations without disassembling any part of the assembly thereby avoiding any damage or risk associated with improper identification.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of oil and gas pipelines. The region is expected to maintain its dominance over the forecast period, with major share being attributed to U.S. In addition, growing use of marking tapes for identification purposes is also likely to boost product demand in this region.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid development and expansion activities taking place in various countries such as China, India, Japan etc., particularly in energy sector which has led rise in requirement for pipeline Marking Tape Products (MTP).
Europe was valued at USD X million accounting for 17% share of global revenue generated by drain valve application segmentation alone; it further increased by foam tape segmentation accounting fo 23%.
Growth Factors:
- Increasing demand for pipe marking tape from oil and gas industry as it helps in easy identification of pipelines during emergencies or accidents.
- Growing popularity of color-coding system for pipes, which is aided by the use of pipe marking tape, is expected to boost the market growth.
- Rising number of pipeline installation projects across the globe is anticipated to create lucrative opportunities for the market players over the forecast period.
- Stringent safety regulations pertaining to pipeline identification and labeling are projected to propel demand for pipe marking tapes over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Pipe Marking Tape Market Research Report
By Type
Plastic Tape, Paper Tape, Foam Tape, Other
By Application
Pipeline, Drain Valve, Flange Joint, Other
By Companies
3M Company, Brady Worldwide, Windmill Tapes & Labels, Marking Services, Industrial Adhesive Solutions, Limpet Tapes, Florida Marking Products, Symbio, ITO YOGYO, Can-Do National Tape
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Pipe Marking Tape Market Report Segments:
The global Pipe Marking Tape market is segmented on the basis of:
Types
Plastic Tape, Paper Tape, Foam Tape, Other
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
Pipeline, Drain Valve, Flange Joint, Other
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 Company
- Brady Worldwide
- Windmill Tapes & Labels
- Marking Services
- Industrial Adhesive Solutions
- Limpet Tapes
- Florida Marking Products
- Symbio
- ITO YOGYO
- Can-Do National Tape
Highlights of The Pipe Marking 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:
- Plastic Tape
- Paper Tape
- Foam Tape
- Other
- By Application:
- Pipeline
- Drain Valve
- Flange Joint
- Other
- 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 Pipe Marking 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.
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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?
Pipe marking tape is a type of adhesive tape that is used to mark the location of pipes and other pipe-related objects. It comes in a variety of colors, and can be easily removed once it has been applied.
Some of the major players in the pipe marking tape market are 3M Company, Brady Worldwide, Windmill Tapes & Labels, Marking Services, Industrial Adhesive Solutions, Limpet Tapes, Florida Marking Products, Symbio, ITO YOGYO, Can-Do National Tape.
The pipe marking tape market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pipe Marking Tape Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pipe Marking Tape Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pipe Marking Tape Market - Supply Chain
4.5. Global Pipe Marking Tape Market Forecast
4.5.1. Pipe Marking Tape Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pipe Marking Tape Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pipe Marking Tape Market Absolute $ Opportunity
5. Global Pipe Marking Tape Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pipe Marking Tape Market Size and Volume Forecast by Type
5.3.1. Plastic Tape
5.3.2. Paper Tape
5.3.3. Foam Tape
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pipe Marking Tape Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pipe Marking Tape Market Size and Volume Forecast by Application
6.3.1. Pipeline
6.3.2. Drain Valve
6.3.3. Flange Joint
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pipe Marking Tape Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pipe Marking Tape Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pipe Marking Tape Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pipe Marking Tape Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pipe Marking Tape Demand Share Forecast, 2019-2026
9. North America Pipe Marking Tape Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pipe Marking Tape Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pipe Marking Tape Market Size and Volume Forecast by Application
9.4.1. Pipeline
9.4.2. Drain Valve
9.4.3. Flange Joint
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pipe Marking Tape Market Size and Volume Forecast by Type
9.7.1. Plastic Tape
9.7.2. Paper Tape
9.7.3. Foam Tape
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pipe Marking Tape Demand Share Forecast, 2019-2026
10. Latin America Pipe Marking Tape Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pipe Marking Tape Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pipe Marking Tape Market Size and Volume Forecast by Application
10.4.1. Pipeline
10.4.2. Drain Valve
10.4.3. Flange Joint
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pipe Marking Tape Market Size and Volume Forecast by Type
10.7.1. Plastic Tape
10.7.2. Paper Tape
10.7.3. Foam Tape
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pipe Marking Tape Demand Share Forecast, 2019-2026
11. Europe Pipe Marking Tape Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pipe Marking Tape Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pipe Marking Tape Market Size and Volume Forecast by Application
11.4.1. Pipeline
11.4.2. Drain Valve
11.4.3. Flange Joint
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pipe Marking Tape Market Size and Volume Forecast by Type
11.7.1. Plastic Tape
11.7.2. Paper Tape
11.7.3. Foam Tape
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pipe Marking Tape Demand Share, 2019-2026
12. Asia Pacific Pipe Marking Tape Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pipe Marking Tape Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pipe Marking Tape Market Size and Volume Forecast by Application
12.4.1. Pipeline
12.4.2. Drain Valve
12.4.3. Flange Joint
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pipe Marking Tape Market Size and Volume Forecast by Type
12.7.1. Plastic Tape
12.7.2. Paper Tape
12.7.3. Foam Tape
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pipe Marking Tape Demand Share, 2019-2026
13. Middle East & Africa Pipe Marking Tape Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pipe Marking Tape Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pipe Marking Tape Market Size and Volume Forecast by Application
13.4.1. Pipeline
13.4.2. Drain Valve
13.4.3. Flange Joint
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pipe Marking Tape Market Size and Volume Forecast by Type
13.7.1. Plastic Tape
13.7.2. Paper Tape
13.7.3. Foam Tape
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pipe Marking Tape Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pipe Marking Tape Market: Market Share Analysis
14.2. Pipe Marking Tape Distributors and Customers
14.3. Pipe Marking Tape Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Brady Worldwide
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Windmill Tapes & Labels
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Marking Services
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Industrial Adhesive Solutions
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Limpet Tapes
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Florida Marking Products
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Symbio
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ITO YOGYO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Can-Do National Tape
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook