[115 Pages Report] The Seam Sealing Tapes Market size is expected to grow from USD 205 million in 2018 to USD 283 million by 2023, at a compound annual growth rate (CAGR) of 6.7% during the forecast period. The growing sports and outdoor apparel industry is expected to drive the growth of the seam sealing tapes market.
Download PDF brochure of report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=265983998
Premium Insights of the report:
- Developing Economies to Register High Growth in the Demand for Seam Sealing Tapes
- Seam Sealing Tapes Market, By Type
- Seam Sealing Tapes Market, By Backing Material
- Asia Pacific Seam Sealing Tapes Market, By Backing Material and Country
- Seam Sealing Tapes Market: Key Countries
Asia Pacific is projected to be the fastest-growing region in the Seam Sealing Tapes market, in terms of value. This high growth is attributed to the presence of huge garment manufacturing hotspots such as China, India, Vietnam, Indonesia, and Bangladesh in the Asia Pacific region. Also, these countries are the largest exporters of textile and apparels globally. Cheap labor cost and availability of domestically produced raw material place Asia Pacific as the preferable region to manufacture textile and apparels.
The seam sealing tapes market is dominated by major players such as Bemis Associates (US), Toray Industries (Japan), Himel Corp. (Korea), Sealon (Korea), Loxy AS (Norway), Gerlinger Industries (Germany), DingZing (Taiwan), Adhesive Films (US), San Chemicals (Japan), and Essentra (UK). These players have established brands, a wide product portfolio, and a strong geographical presence.
Bemis Associate is a leading global manufacturer of thermoplastic adhesives, films, and coatings. Its wide range of products caters to a variety of applications across apparel, soft goods, handbags & wallets, intimate fabrics, and other markets. It has a strong foothold in North America, Europe, and Asia Pacific; it has warehousing and authorized distribution networks in Hong Kong, Vietnam, London, the US, Portugal, Italy, China, and Turkey. The company has a strong focus on sustainability; for instance, it uses water-based and UV cured inks for its printed seam sealing tapes; and most of its products contain almost no VOC.
Toray Industries is a global integrated chemical industry group that is engaged in the manufacturing, processing, and selling of fibers & textiles, performance chemicals, and carbon fiber composite materials, among others. It has a strong global presence, with 157 subsidiaries overseas and 100 subsidiaries in Japan. It has a rich product portfolio of seam sealing tapes that are used in outdoor equipment, ski wear, and rainwear.
Don’t miss out on business opportunities in Seam Sealing Tapes Market.
Early buyers will receive 10% free customization on this report.
