Insulating Adhesive Tape Market: Definition
Insulating adhesive tape is a type of pressure-sensitive tape that is primarily used to insulate electrical wires and other materials that conduct electricity. Insulating adhesive tape can be made of various plastics, but vinyl is highly popular, as it stretches well and gives an effective and long lasting insulation.
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Key Drivers of Insulating Adhesive Tape Market
- The electronics industry employs pressure-sensitive tapes and adhesives to install parts directly in devices
- The trend toward miniaturization of electronic devices, especially cell phones, portable personal computers, and tablets, is a major driving factor the insulating adhesive tape market
- The electronic & electrical appliances industry is one of the popular end-users of pressure-sensitive insulating adhesive tapes. The industry has been expanding at a speedy pace. Rise in disposable income, changes in lifestyle of the people, and increase in dependence on the use of electronic devices are key factors boosting sales of electronic devices across the world.
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Polyvinyl Chloride Type Segment Held Major Share in 2018
- The polyvinyl chloride type segment is expected to hold major share of the global insulating adhesive tape market in 2018. Polyvinyl chloride backings typically exude characteristics such as durability, low flammability, and printability. They are weather resistant albeit temperature sensitive. They can also be embossed.
Key Players in Market
The global insulating adhesive tape market is highly fragmented, with top manufacturers accounting for approximately 45% to 50% share. Key players operating in the insulating adhesive tape market include
- Intertape Polymer Group
- Plymouth Rubber Europa, S.A.
- Denka Company Limited
Global Insulating Adhesive Tape Market: Research Scope
Global Insulating Adhesive Tape Market, by Type
- Polyvinyl Chloride (PVC)
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