Global Self-fusing Silicone Tape Market: Dynamics
The growing significance of packaging to provide electrically-insulated solutions has pushed packaging manufacturers to offer products such as self-fusing silicone tapes. This has successfully catered to clients operating in the electronics and automotive industries. Self-fusing silicone tape, to a broader extend, has emerged as a better alternative in place of duct tape and other electrical tapes. Self-fusing silicone tapes have a large number of applications related to wrapping and sealing wires / cables, thus, making these items waterproof as well as corrosion-resistant. Self-fusing silicone tapes are increasingly being used in the electronics industry to sustain electronic appliances at lower as well as higher voltages. In the electronics industry, sectors such as consumer durables and telecommunication are expected to dominate the overall demand for self-fusing silicone tapes.
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Global Self-fusing Silicone Tape Market: Regional Outlook
The global self-fusing silicone tape market has been segmented into 7 regions: Latin America, North America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific Excluding Japan (APEJ), and Japan.
North America is presently a prominent region in the market for self-fusing silicone tapes, owing to the firmly placed electronics, aviation, and aerospace industries here as compared to other regions across the globe. Europe is a key exporting region in the global self-fusing silicone tapes market. European countries such as France, Germany, Italy, Spain, etc., have visible penetration of manufacturers that operate in the self-fusing silicone tapes market. Also, manufacturers of self-fusing silicone tapes in this region have a geographical advantage, leading to large exports to adjoining regions, including the Middles East and Africa. Asia Pacific is expected to witness impressive growth in the self-fusing silicone tapes market, due to rapid industrialization expected to take place in countries such as India, China, Vietnam, etc., over the forecast period. However, the Latin American market for self-fusing silicone tapes is anticipated to experience marginal growth during the forecast period, owing to an economic slowdown in this region since the 2008 financial crisis.
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As a summary, the market for self-fusing silicone tapes is projected to witness a healthy rate of growth during the forecast period.
Global Self-fusing Silicone Tape Market: Key Players
Some of the important manufacturers presently operating in the global self-fusing silicone tape market are: Permatex, Inc. Scapa Group Plc The 3M Company Avery Dennison Corporation Denka Company Limited RS Components Ltd. Parafix Tapes & Conversions Ltd Seal King Ind Co. Ltd. Lynvale Ltd ORAFOL Europe GmbH Creative Embroidery Lamatek, Inc. M. Enterprises Adhere Industrial Tapes Ltd Creative Safety Supply, LLC Wuxi Canaan Adhesive Technology Co., Ltd. GPI Corporation (M) Sdn Bhd
The report on the self-fusing silicone tape market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The self-fusing silicone tape market report also maps the qualitative impact of various market factors on market segments and geographies.
Regional analysis for the self-fusing silicone tape market includes: North America Latin America Western Europe Eastern Europe Asia Pacific excluding Japan (APEJ) Japan Middle East & Africa (MEA)
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