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Los Angeles, CA -- (SBWIRE) -- 04/17/2019 -- Painting Tapes is a type of pressure-sensitive tape made of a thin and easy-to-tear paper, and an easily released pressure-sensitive adhesive. It is available in a variety of widths. It is used in painting, to mask off areas that should not be painted. The adhesive is the key element to its usefulness, as it allows the tape to be easily removed without leaving residue or damaging the surface to which it is applied. The tape is available in several strengths, rated on a 1–100 scale based on the strength of the adhesive. Most painting operations will require a tape in the 50 range. Household masking tape is made of an even weaker paper and lower-grade adhesive.
China has the largest global export quantity and manufacturers in Painting Tapes market, while the North America is the second sales volume market for Painting Tapes in 2017.
In the industry, 3M Company profits most in 2017 and recent years, while Nitto Denko Corp and Beiersdorf (Tesa) ranked 2 and 3.The market share of them is 13.27%, 10.12% and 3.58% in 2017.The gap of market share is keep on enlarged due to different strategy.
Painting Tapes technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.
The global Painting Tapes market was 2480 million US$ in 2018 and is expected to 3700 million US$ by the end of 2025, growing at a CAGR of 5.1% between 2019 and 2025.
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This report studies the Painting Tapes market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Painting Tapes in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Nitto Denko Corp
Intertape Polymer Group
Scapa Group PLC
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
Building and Construction
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