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Showing posts with the label Metal Foil Tapes Industry

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 ty