The global building & construction tapes market size was estimated at USD 3.79 billion in 2016. Growing demand for the product due to superior adhesion properties coupled with superior aesthetic properties is expected to drive the market. In addition, rising product penetration in industry, especially in Asia Pacific is expected to lead to an increased demand.
The product is extensively used in the bonding of trims and window attachments. In addition, the products are also used extensively in the bonding of door panels and mounting of glass elements, which, in turn, is likely to lead to an increased demand. The product is likely to witness heightened demand as it can be easily removed and applied in comparison to adhesives and sealants.
Building & construction industry in the U.S. is witnessing significant growth since 2016 due to the rebuilding of residential construction industry. The increase in the construction of single homes is likely to emerge as one of the primary factor, which is expected to fuel the demand for the product in the country.
The presence of a large number of suppliers in the global industry leads to the dilution of bargaining power. Key players in the industry are involved in the sales of product through direct and third-party distribution channels. Majority of the sales in developed economies take place directly with higher profit margins achieved by the manufacturers.
The use of adhesive tapes in industry is regulated by national level agencies across Europe and North America. The advanced products that are used in the regions comply with the requirements listed by contractors and engineers. In addition, companies in the industry are involved in the production of advanced solutions to provide advanced products with increased functionality.
Double sided tapes are replacing alternatives such as adhesives in industry though the adoption rates vary significantly within the region. The industry in Asia Pacific realizes the limited use of such products due to the high reliance of consumers toward the use of alternative products. The demand for the product is expected to register a CAGR of 5.6% from 2017 to 2025.
Changing construction patterns in the region and growing impact of western construction styles in Asian economies are expected to account for the market growth over the forecast period. Growing demand for the product in doors & windows applications to achieve superior bonding is expected to drive the industry over the forecast period.
Duct tapes are one of the major product types used in building & construction industry. The product is extensively used in HVAC application due to superior properties such as insulation and protection. Companies like 3M manufacture advanced products such as 3M Multi-Purpose Duct Tape 3900. They find various applications and functions including wrapping, sealing, and protecting.
The backing of adhesive tapes is one of the most prominent criteria that defines the major performance characteristics of the product. Double sided tapes, which are used for rough surfaces generally use a foam based backing to provide superior adhesion to the product.
Manufacturers in the marker are involved in the production of advanced products such as filament tapes with a polyethylene backing reinforced with glass yarn filament. In addition, the demand for advanced reinforced products for various applications in the industry is expected to emerge as one of the primary reasons to drive growth.
Foil backed products are extensively used in HVAC applications due to the requirement for high product strength. The segment is expected to be worth USD 534.4 million by 2025. Metal backed products are used extensively to alter the conductivity of electrical systems in industry.
The use of products in flooring application is limited. The products provide protection against paints and other liquids and temporary bonding of wires during electrical installations. In addition, the use of the products in flooring application for temporary bonding in commercial and industrial installations is expected to gain traction over the forecast period.
The use of products on walls and ceilings for bonding is expected to emerge as one of the growing trends in Asia Pacific building and construction industry. This can be attributed to changing construction patterns in the region. In addition, the use of the product for temporary or permanent mounting is expected to drive the industry over the forecast period.
Rising adhesive tapes demand for mounting window panels and sealing gaps in window and door panels is expected to drive the industry over the forecast period. The demand for the product in HVAC application is expected to register a CAGR of 4.4%, in terms of volume, from 2017 to 2025 on account of rise in such installations in commercial and industrial constructions.
The demand for the products in roofing application is likely to drive the industry over the forecast period. Roofing tapes provide sealing and waterproofing applications due to superior barrier properties. In addition, the market for such tapes in electrical wiring forms one of the major applications for the industry.
Adhesive tapes are used for bonding trims and panels in building & construction industry. The use of advanced high strength products in the industry in mounting window panels is expected to trigger industry growth over the forecast period.
The market for adhesive tapes for temporary bonding and decorative bonding is expected to witness a rise as the use of the product for the aforementioned function is likely to gain traction. Adhesive tapes do not leave any significant residue post removal and are easy to maintain, which, in turn, is triggering their use on a large scale in building & construction industry.
The use of the product for insulation is expected to register a CAGR of 4.3% from 2017 to 2025 on account of growth in commercial and residential constructions that often use advanced insulation mechanisms, thereby leading to a high demand for advanced materials such as adhesive tapes.
Growth of green buildings, especially across Europe and North America is expected to drive the market over the forecast period. Increasing demand for room modifications in building & construction industry has triggered the demand for advanced tapes. In addition, the demand for the products for cable management in Asia Pacific is expected to result in industry growth.
The major distribution channels employed by the market players include direct and third-party vendors. Key players in the developed markets such as the U.S., Germany, and the UK are involved in direct product distribution. The presence of a notable distribution network and infrastructure supplements the efforts of the companies to engage in direct distribution.
In addition, companies in the industry are also involved in direct sales through an extensive network comprising designated product distributors. The distributors are involved in the sales of the product to consumers. As a result, the volume of products sold through direct channels is higher in comparison to the volume sold via a third-party channel.
High volume of sales is realized through direct distribution as the profit margins of the companies are higher due to the absence of middlemen. The companies in the market operate through distributors who supply products exclusively manufactured by the company.
The demand for adhesive tapes in residential and commercial applications is expected to drive market over the forecast period. The demand for the product in residential segment is driven primarily on account of growing use of the product for bonding and barrier protection and accounted for 48.4% of the global revenue in 2016.
Growth in the use of advanced products for glazing and bonding of trims and panels is expected to drive the market over the next eight years. The demand for adhesive tapes for use in commercial buildings is driven by high superior aesthetic properties offered by the product coupled with the extensive application of the product in such installations.
Adhesive tapes market in North America building & construction industry is expected to witness growth due to growing residential and commercial construction in the U.S. In addition, consumers in the economy have exhibited a tendency to opt for advanced products. The market is expected to register growth due to the presence of extensive and organized building & construction industry.
The demand for double sided products in North America is expected to register growth on account of increasing application scope of the product. The products are extensively used in the bonding of door panels and can be used with additional adhesives or in a standalone capacity. The use of masking tapes in the region is primarily dominated by barrier protection application.
The industry in Europe is expected to benefit from the recovery of residential and commercial construction sectors. The growth of industry in the region has directly translated into growing demand for materials such as tapes. The region is expected to consume 1,228.6-million-meter square of the product by 2025.
Key players in the market are involved in the production of advanced tapes in a bid to lure major contractors and consumers. For instance, tesa has developed a masking tape comprising strong and stretchable paper backing, which can stick to any surface in the buildings. The product can withstand temperatures of up to 120° C and can be removed easily without leaving any residue.
Key players such as 3M, tesa SE, and Shurtape operate business through dedicated distribution networks and lay high emphasis on product customization. The presence of limited number of players involved in the production of specialty and reinforced products is expected to lead to higher product prices, thereby increasing profitability.
Base year for estimation
Actual estimates/Historical data
2014 - 2016
2017 - 2025
Volume in million square meters, Revenue in USD million and CAGR from 2017 to 2025
North America, Europe, Asia Pacific, Central & South America, Middle East & Africa
U.S., China, India, Japan, Germany, UK, Brazil
Volume forecast, Revenue forecast, competitive landscape, growth factors and trends
15% free customization scope (equivalent to 5 analysts working days)
If you need specific market information, which is not currently within the scope of the report, we will provide it to you as a part of customization
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global Building & Construction Tapes Market on the basis of product, backing material, application, function, end-use, distribution channel, and region:
Product Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)
Backing Material Outlook (Volume, Million Square Meters; Revenue; USD Million, 2014 - 2025)
Application Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)
Walls & Ceilings
Function Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)
End-use Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)
Distribution Channel Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)
Regional Outlook (Volume, Million Square Meters; Revenue, USD Million; 2014 - 2025)
Central & South America
Middle East & Africa
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