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Metal Foil Tapes Market Present Scenario and Growth Prospects 2018-2025

Increasing demand from building & construction industry has been a key factor driving market growth, globally. The Global Metal Foil Tapes Market is expected to reach USD 3.51 billion by 2025, according to a new report by Grand View Research, Inc.


In addition, robust growth in various end-use industries such as automotive & transportation, electronics, consumer goods & appliances, defense and aerospace is also fueling the demand.

Building & construction segment held the largest market share owing to its wide-scale usage in heating, ventilation and air conditioning (HVAC) for various purposes. In addition, rapid increase in infrastructural activities all over the globe is further driving the segment growth.

Rising demand for metal foil tapes is anticipated to spur at a faster pace on account of rising need for environmental protection of assemblies and surfaces from extreme chemical and temperature conditions.

Aluminum foil tapes accounted as the largest metal type segment in 2016 and is anticipated to grow significantly over the coming years. It is extensively used on account of its superior performance in hot and cold environmental conditions. In electronics industry, metal foil tapes are extensively used to coat electrical cables as foil tape is polymer coated.

To Know More About Metal Foil Tapes Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/metal-foil-tapes-market

Its resistance to weather shields communication cables from the environment is further supporting to increase the demand for metal foil tapes over the forecast period. Aluminum foil tapes are widely used in circuit boards, wrapping insulation cables and other temperature sensitive electronic materials.

Top Players of Metal Foil Tapes Market:

Key players including The 3M Company, Saint-Gobain S.A., Scapa Group Plc, Hitachi Maxell, Ltd., Shurtape Technologies, LLC and Nitto Denko Corporation dominated the global market while acquiring for over half of the total revenue in 2016.

Market Segmentation of Metal Foil Tapes Market:

The Global Metal Foil Tapes Market segmented on the basis of Metal Type, Adhesive Type, End-Use, and Region.

By Metal Type:

    Aluminum
    Copper
    Lead

By Adhesive Type:

    Acrylic
    Silicone
    Rubber

By End-Use:

    Building & Construction
    Automotive & Transportation
    Defense & Aerospace
    Electronics
    Consumer Goods & Appliances

Inquire about Metal Foil Tapes Market with Our Experts @ https://www.grandviewresearch.com/inquiry/4592
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