Valley Cottage, NY -- (SBWIRE) -- 04/19/2019 -- Global mastic tapes market: Introduction

Mastic tapes provide high insulation of upto 1000 volts.  Mastic tapes have very high moisture resistance properties which makes them applicable in high water contact areas. They are available in different sizes, and thickness, and thus provide convenience in applying the tape to the required area. Mastic tape is made up of rubber based material and has self-fusing properties. Dust resistance properties of mastic tapes make them applicable at construction sites, due to the high amount of dust present. Mastic tapes have vibration damping properties, and thus eliminate the high vibration caused due to machines in production site of the industrial area. High adherence property of mastic tapes makes them ideal for use on rough and uneven surfaces of the machines. Mastic tapes are very easy to tear and use, and thus reduce the wastage introduced during tearing the required amount of tape from the roll. Due to these properties, mastic tapes are expected to witness high preference over the forecast period. Therefore, the global mastic tapes outlook, is expected to be positive, during the next ten years.

Global mastic tapes market: Dynamics

Mastic tapes market is driven by wide application of mastic tapes for electrical insulation. It acts as a perfect barrier for electrical leakage, as lots of damage is caused due to electric leakage from transmission lines. Mastic tapes find application in high tension lines in electrical and electronics industry, thus acts as a key driver for mastic tapes market. Corrosion resistant feature of the mastic tape makes it suitable to be used on high rust accumulation areas.  The long life of mastic tape eliminates the maintenance cost involved, in the regular application of tapes. Mastic tapes are resistant to Ultraviolet radiations, thus a value-added the feature of mastic tapes, and acts as a catalyst to increase the growth of mastic tapes market.

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They show high adhesion properties on cables insulation, metal, plastics and other surfaces thus mastic tapes are widely used in industries, therefore industrial sites require high demand for mastic tape and act as a driver for mastic tapes market.  Mastic tapes have high-temperature resistance properties, it can bear its properties up to 80-degree centigrade, thus makes them applicable for cable splice.  They can also sustain at low temperature thus, applicable for both high and at low-temperature areas. Mastic tapes have shelf healing property, thus damage to the tape, due to wear and tear, is self-heal that maintains its insulating properties, this feature differentiates it from another tape, and thus it is preferred the choice of the consumer. 

Global mastic tapes market: Regional Overview

Global mastic tapes market is segmented into seven regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan. Europe region shows constant growth for mastic tapes market, however, an increase in demand for mastic tapes due to high insulating property and value-added features, is expected. As a result, industrialists are preferring them over adhesive tapes, thus mastic tape market shows growth in the region. Due to the high consumption rate of adhesive material in the emerging market manufacturers of mastic tapes in North America and Europe region are focusing towards investing in the new plant sites in Asia pacific region. The region is expected to represent ample growth opportunities for growth of the mastic tapes market, in the forecast period. 

Global mastic tapes market: Key Players

Some of the key players of global mastic tapes market are 3M Company, Denso North America Inc., Osaka Rubber Private Limited, and Omega Rubber Industries.

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Report Highlights : Detailed overview of parent market,Changing market dynamics in the industry,In-depth market segmentation,Historical, current and projected market size in terms of volume and value,Recent industry trends and developments,Competitive landscape,Strategies of key players and products offered,Potential and niche segments, geographical regions exhibiting promising growth,A neutral perspective on market performance,Must-have information for market players to sustain and enhance their market footprint.

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