Transparency Market Research has released a new market report entitled “Glass Cloth Tape Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025” on to their report store.
Albany, NY -- (SBWIRE) -- 08/11/2017 -- Glass cloth tapes are originally used in greenhouse paneling to allow the ultraviolet rays of the sun to filter out while allowing visible light rays. Visible light rays are the only electromagnetic rays, which allows us to see a particular object. These tapes are made up of glass cloth, a textile material. The fabric is usually woven with plain weave and may be customized with patterns or designs, depending on the requirement. The material used in the manufacture of glass cloth tapes is linen; however, many companies use cotton to manufacture these tapes. Glass cloth tapes are highly used in high-temperature sealing applications. These tapes are known for high durability and quality finishing. Glass cloth tapes are usually formulated with heat curing adhesives with high-temperature abrasion resistance. Therefore, they provide excellent temperature resistance, tearing resistance, and good adhesion properties. Based on the duration and type of the heat source, these tapes can withstand temperatures up to 550°F or more.
Glass Cloth Tape Market: Dynamics and Trends
The glass cloth tape market has been expanding at a rapid pace due to the increasing applications in the packaging industry. Rise in applications in the manufacturing sector due to its cost-effectiveness as compared to substitutes is also attributing to the market growth. Growth in innovations in the glass cloth tapes to provide more heat resistance and high mechanical strength is creating new avenues for the application of these tapes in heat evolving zones in various manufacturing industries. Brownfield project is an upgrade to the existing manufacturing facility, which might be upgraded for improved production, or due to any significant changes in the manufacturing processes. Due to rapid industrialization in the developing economies, the brownfield projects rose, and thereby increasing the demand for the partial barriers to the heat vents.
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Glass Cloth Tape Market: Segmentation
Based on adhesive, the glass cloth tape market can be bifurcated into acrylic adhesives and silicone adhesives. The silicone adhesives segment is expected to account for major share of the market, due to its advantages over acrylic adhesives. Silicone adhesives are capable of maintaining the same adhesion at lower temperatures (0°C) and also above 100°C, while acrylic adhesives fail to provide proper adhesion at temperatures above 100°C.
In terms of application, the glass cloth tape market can be segmented into transformers, electrical coils, heat furnaces, heat resistant packaging, and others. The transformers and electrical coils segments are predicted to constitute key share of the market, owing to the increase in modifications in electricity generation units in developing economies in Asia Pacific.
Based on end-user industry, the glass cloth tape market can be segregated into electrical, semiconductor & electronics, packaging, construction, and others. Among these, the electrical segment is expected to lead the other segment during the forecast period. Rapid changes in electricity production and increase in use of glass cloth paper are driving the electrical segment.
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Glass Cloth Tape Market: Regional Outlook
Asia Pacific is estimated to be one of the emerging regions due to the rapid industrialization since the last few years. Growth in the construction industry in the region is also driving the demand for glass cloth tapes. The increasing demand for glass cloth tape is increasing in the developing economies like China, and India due to the increasing upgrades to the existing manufacturing facilities. These projects require some partial barriers for the heat vents, and also a perfect insulators for the electric lines, in order to avoid accidents.
In developed economies such as North America, electrical insulation materials are needed for the modernization of electrical systems to prevent accidents. This is augmenting the need to use glass cloth tapes as electrical insulators. Increase in focus on the generation of renewable energy in developed economies of the region is also creating demand for glass cloth tapes. This is projected to drive the glass cloth tape market in North America in the next few years.
Glass Cloth Tape Market: Key Players
Prominent players operating in the global glass cloth tape market include 3M, Adhesive Specialities, Parafix Tapes & Conversions Ltd., Nitto Denko Corporation, and DuckSung Hitech Co. Ltd.