Painting masking tapes are generally made up of thin saturated paper and adhesive, these tapes helps to cover and protect surface and also provide grip in pasting or laminating activities, painting masking tape are classified into two different types double side adhesive and single side adhesive tapes. Many different types of painting masking tapes are available in market for has different length and width, these tapes are leave clean lines and very to finds.Painting tape market has shown a significant growth in last few years as these painting masking tapes are widely use in automotive industries to paint automotive parts; these tapes are also used in construction industries to cover the surface. Rise in use of painting masking tapes by professional painters, interior designers and growing use of painting masking tapes in utility painting and electrical repair work is a major factor in growth of global painting masking tapes market.
COVID-19 Impact Analysis-
- During COVID-19, globally, many industries were suffering from great economic crises; spread of corona virus has led to great daunting effect on global painting masking tapes market.
- To control spread of corona virus diseases, nation-wide lockdown was imposed by government resulted in huge disruption in supply chain of raw material and looming of production cycle of painting masking tapes tmarket. Restraints were imposed by government on several hardware stores and painting shops that led to great hampering in demand of painting masking tapes.
- Restraints were imposed on automotive industries, construction sites and electrical repairing shops that resulted into great decline in demand of painting masking tapes, as they are major users of painting masking tapes for commercial purpose.
- E-commerce has played vital role in uplifting supply chain of painting masking tapes market, as it helps to cover wider range and cater demands of customer, rise in adaption of e-commerce platform by sellers is helping to gain traction again. Customers are also started shifting to online shopping method and hesitating and avoiding to going for instore purchases to control spread of corona virus diseases.
Top Impacting Factors-
- Rapid rise in population and urbanization of people from rural to urban areas is creating demand of new residential homes. Many multinational companies are also investing in different countries on infrastructure facilities, rapid rise in construction activities is globally propelling demand of masking tapes as these tapes are majorly used in construction activities to protect surface from while construction activities and avoid spoiling of surface. Globally growth in construction activities is key driver in growth of global painting masking tapes market.
- A furniture industry is growing at significantly rate in last few years as furniture have become basic articles for every space. Furniture are very commonly used in corporates office, homes, cafes, restaurants, lounge and bars, carpenter are one of the major user of paining masking tapes as it is has very high adhesive that to laminates on plywood and offer proper grip and force to paste decorative laminates properly on wood. They normally use papers painting masking as it easy to remove and tear, rise in use of painting masking tape in manufacturing of Furniture articles is key factor in growth of global painting masking tapes market.
- Painting masking tapes are widely used for many different purposes such as etching plating and powder taping. Etching plating is process in which strong chemical are used to cut metal plates, pipes and other materials, painting masking tapes are used to cover unprotected surface and protect them from chemical. Painting masking tapes are also used for powder coating of metals and used to cover other surface of metals. Rise in use of painting tapes in different industries is a prime factor in growth of global painting masking tapes market.
- Painting masking tapes is used in soldering process, soldering helps to connect different wires to metal work pieces and offers permanent connection wires after cooling down of wires. Soldering is common used in mental work, electronical, plumbing. Painting masking tapes are helps to make soldering process easy by covering other metal points or sheet surface; it is also used in plumbing work. Now a days painting masking tapes are used by many small vendors in repairing process of electronic appliance, rise in use of painting masking tapes by small electrical vendors and plumbers is a main factor in growth of global masking tapes market.
- Rapid rise in number of renovation activities
In last few of years renovation activities has rapidly increase in household and commercial sectors, with change in lifestyle of people and rise in disposable income of consumer people have started spending more on ambience of houses. Many giant companies, small retailers and restaurants owners are highly investing on renovation activities to have new and modern appeared of corporate houses, retail shops and restaurants or cafes.Painting masking tapes has high importance in renovation activities such as sandblasting, plating, laminating and painting, as it helps to cover unprotected surface and helps worker to deliver more efficient workers to their customers.Painting masking tapes also used by interior designers in construction of pop designs or gypsum plaster and helps them to offers aesthetic looms to homes, offices, cafe and other commercial places.Rise in use of painting masking tapes in renovation activities is prominent factor that is accelerating growth of global painting masking tapes market.
- Growth in use of painting masking tapes in automotive industries
Automobiles industries is one of the fastest growing industries, as demand of cars and bikes are rapidly growing, automotive companies are introducing many new, smart and attractive feature in cars and bike that is globally propelling demand of automotive industries. Automotive industries use many different types of colour paints to colour cars and bikes in many different colours, they use painting masking tapes on large scale basis to cover other body parts of cars or bikes while performing flame or thermal spray painting on different body parts of automobiles. Growing use of painting masking tapes in automotive industries is a key trend that is fuelling growth of global painting masking tapes market.
Key Benefits of Report-
- This study presents the analytical depiction of the painting masking tapes Industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of thepainting masking tapes marketshare.
- The current market is quantitatively analysed to highlight painting masking tapes market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides detailed painting masking tapes market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Report –
- Which are the leading players active in the painting masking tapes market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What future projections would help in taking further strategic steps?
- What is the painting masking tapes market prediction in the future?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the current trends and predicted trend?
Painting Masking Tapes Market Report Highlights
By Product Type
By Adhesive Type
By Price Point
By End User
By Distribution Channel
Key Market Players
Shurtape Technologies, LLC, LINTEC Corporation, DowDuPont Inc., Berry Global, Inc., Nitto Denko Corporation, Saint-Gobain, Intertape Polymer Group Inc., Tesa SE, Henkel AG & Co., 3M