Electrical Tapes Industry Global Market Outlook To 2023

Posted by Abhijeet Bendre on January 11th, 2019

Electrical Tapes Market 2019 Global Industry Forecast to 2024 Report, is latest Global Electrical Tapes Market is segmented by Type (PVC Electrical Tape, Cloth Electrical Tapes, Rubber Tapes, Polyimide Tapes, Polyester Film Tapes, Others), by Application (Construction, Electrical/Electronic, Aerospace, Automotive, Others) and by Region - Global Forecast to 2023.

Global Electrical Tapes Market Highlights:

There are many factors responsible for the growth of the electrical tapes market. Firstly, there is a rising awareness among manufacturers regarding the convenience of tapes. Electrical tape is commonly used to insulate and protect electrical components in different sectors, because of its dielectric strength and heat resistance. Electrical tape is effective in maintaining good insulation for a long period and can be overheated. Moreover, demand for sustainable and environment-friendly pressure-sensitive tapes has increased in the past few years, owing to environmental regulations and consumer preference towards environment-friendly products. Secondly, there is robust growth in the global construction industry.

Electrical Tapes Market Key Companies Studied in this report are The key players in Electrical Tapes market are NYCeWheels (U.S.), Accell Group (Netherlands), Derby Cycle (Germany), Easy Motion USA (California), Moustache Bikes (France), and Jiangsu Xinri E-Vehicle Co., Ltd. (China). myStromer AG (Switzerland), Karbon Kinetics Limited (KKL) (U.K.), Pedego Electric Bikes (California), and A2B Electric Bikes (U.K) are among others.

The electrical tapes market is segmented on the basis of type, application, and region. On the basis of type, the maximum market share is possessed by the PVC electrical tape. Polyvinyl chloride is a thermoplastic polymer that possesses excellent mechanical properties, better insulation ability, and higher resistance to chemicals used in industrial applications. PVC electrical tapes are ideal products for masking during the chemical plating process. The cloth electrical tape is the second highest revenue generating type. Cloth electrical tapes have the least dielectric strength. However, they have excellent mechanical properties, which are required for wrapping small electrical components and coil windings and fixing and repairing cables or electrical equipment. Rubber tapes are the third largest revenue generating type of tape. Rubber tapes are shelf stable tapes that possess excellent electrical properties. These wires can be stretched to a great extent, without affecting their physical and electrical properties. PVC electrical tape accounted for the largest market share in 2017 and is estimated to witness a CAGR of 6.02%.

For more information on this Electrical Tapes Industry – Global Market Report @ https://www.marketresearchfuture.com/reports/electrical-tapes-market-5010

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