Insulating adhesive tape Market Size and Forecast by 2028

 Rising awareness among manufacturers regarding the convenience of such tapes and robust growth in the construction industry would drive market growth

Insulating adhesive tape Market Size – USD 1.37 Billion in 2020, Growth – at a CAGR of 2% Trends – Expanding electrical and construction industry

The global Insulating Adhesive Tape Market size is expected to reach USD 1.64 Billion in 2028 registering a CAGR of 2% over the forecast period, according to a latest report by Reports and Data. Major factor driving market revenue growth are rising awareness among manufacturers regarding the convenience of such tapes and robust growth in the construction industry.

Insulating adhesive tape is a form of pressure-sensitive tape used to insulate electrical wires and other electrically conducting materials. Insulating adhesive tape is available in a variety of polymers, but vinyl is a popular choice since it stretches well and provides excellent and long-lasting insulation. Pressure-sensitive tapes and adhesives are used in the electronics sector to insert parts directly into devices.

Get a sample of the report https://www.reportsanddata.com/sample-enquiry-form/294

Top Companies: 3M, Achem (YC Group), Tesa (Beiersdorf AG), Nitto, IPG, Scapa, Saint Gobin (CHR), Four Pillars, H-Old, Plymouth, Teraoka, Wurth, Shushi, Yongle, Yongguan adhesive, Sincere, Denka, Furukawa Electric.

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