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Filament Tapes Market: Increasing Preference in Automotive and Electronic Industry to Propel the Demand for Filament Tapes over the Forecast Period: Global Industry Analysis & Opportunity Assessment 2016-2026

Filament Tapes Market: Increasing Preference in Automotive and Electronic Industry to Propel the Demand for Filament Tapes over the Forecast Period: Global Industry Analysis & Opportunity Assessment 2016-2026

Automotive end use segment is expected to dominate the global filament tapes market over the forecast period

The automotive end use segment is projected to be the most attractive segment for filament tapes manufacturers across the globe. The automotive segment of the global filament tapes market accounted for more than 15% revenue share in 2015 and is expected to experience a gain of more than 500 basis points in its market share by 2026 over 2016. The revenue contribution of the automotive segment is expected to increase at a significant CAGR of 10.2% during the forecast period. The automotive segment was estimated to be valued at more than US$ 500 Mn by the end of 2016 and is forecast to reach more than US$ 1,000 Mn by the end of 2026. This segment is expected to create total incremental opportunity close to US$ 900 Mn between 2016 and 2026.

High tensile strength and ability to leave less residue on metal surfaces is likely to boost the use of filament tapes in the automotive segment

In the automotive industry, filament tapes are largely used for interior and exterior applications particularly during wielding and painting, due to their high tensile strength and ability to leave less residue on metal surfaces. These attributes of filament tapes are one of the primary factors expected to fuel demand for filament tapes in various applications in the automotive sector. Another factor driving the growth of filament tapes in the automotive segment is that high-performance filament tapes are used as a damping material. In a bid to reduce noise from engines, brakes and another vehicle systems, the automotive industry is utilising advanced elastomers and thermoplastic vinyl as vibration damping materials. Filament tapes help maintain the material in place without hampering their functionality. Moreover, filament tapes effectively laminate and bond multi-layered material such as shims, which is used to control vibration and improve the function of brake assemblies. The above properties related to filament tapes make it a preferred choice among automobile OEMs. Governments across the globe are developing regulations for manufacturers of filament tapes including manufacturers in the automotive industry to adopt eco-friendly manufacturing processes and to provide a product that is less harmful to the environment. The introduction of biodegradable pressure sensitive adhesives in the labels and tapes industry has motivated automotive manufacturers to utilise eco-friendly adhesives in filament tapes. This is expected to boost the demand for filament tapes in the automotive segment in future. Automotive is projected to be a highly attractive end-use segment during the forecast period in major regional markets across the globe

The automotive segment in North America region was valued at more than US$ 100 Mn in 2015 and is projected to expand at a significant CAGR of 10.0% during the forecast period. The segment is likely to create incremental opportunity of more than US$ 100 Mn from 2016 to 2026. In Latin America, the automotive segment is projected to be a highly attractive end-use segment during the forecast period. In Latin America, the automotive segment was valued at more than US$ 20 Mn in 2015 and is projected to expand at a significant CAGR of 8.8% during the forecast period. The segment is anticipated to create incremental opportunity of more than US$ 30 Mn from 2016 to 2026. The automotive end-use segment is highly lucrative in Western Europe, recording a significant CAGR of 10.7 % during the forecast period, while in Eastern Europe the automotive segment is likely to register a high Y-o-Y growth in terms of value by 2024. In APEJ, the segment was valued at more than US$ 30 Mn in 2015 and is estimated to expand at a significant CAGR of 7.6% during the forecast period."


1. Global Filament Tapes Market - Executive Summary
2. Research Methodology
3. Assumptions and Acronyms Used
4. Global Filament Tapes Market Overview
4.1. Introduction
4.1.1. Global Filament Tapes Market Taxonomy
4.1.2. Global Filament Tapes Market Definition
4.2. Global Filament Tapes Market Size and Forecast
4.2.1. Global Filament Tapes Market Y-o-Y Growth
4.2.2. Global Filament Tapes Market Size
4.3. Global Filament Tapes Market Overview
4.3.1. Value Chain
4.3.2. Profitability Margins
4.3.3. List of Active Participants
4.3.3.1. Raw Material Suppliers
4.3.3.2. Tape Manufacturers
4.3.3.3. Distributors
4.3.4. Filament Tapes Pricing Trends
4.3.5. Filament Tapes Cost Influencing Factors
4.3.6. Factors Influencing Filament Tapes Sales
4.3.6.1. Consumer Income
4.3.6.2. Packaging Industry Growth
4.3.6.3. Spending Patterns
4.3.6.4. Inflation
4.3.6.5. Per Capita GDP
4.3.6.6. Pricing Trend
4.3.6.7. Foreign Trade
4.3.6.8. End Use Industry Growth
4.3.7. Trade Data (Export & Import), By Region
4.3.8. Production & Consumption of Filament Tapes, By Region
4.3.9. Key Regulations
4.3.10. Product Cost Teardown Analysis
4.4. Global Filament Tapes Market Dynamics
4.4.1. Drivers
4.4.1.1. Supply Side
4.4.1.2. Demand Side
4.4.2. Restraints
4.4.3. Market Trends
4.4.4. Opportunities
4.4.5. Porters Five Force Analysis
4.4.6. PEST Analysis
5. Global Filament Tapes Market Analysis and Forecast, By Filament Type
5.1. Introduction
5.1.1. Market Share and BPS Analysis, By Filament Type
5.1.2. Y-o-Y Growth Projections, By Filament Type
5.2. Market Size (US$ Mn) and Volume (Mn Sq. m) Forecast, By Filament Type
5.2.1. Single sided tapes
5.2.2. Double sided tapes
5.3. Market Attractiveness Analysis, By Filament Type
5.4. Prominent Trends
6. Global Filament Tapes Market Analysis and Forecast, By Adhesive Type
6.1. Introduction
6.1.1. Market Share and BPS Analysis, By Adhesive Type
6.1.2. Y-o-Y Growth Projections, By Adhesive Type
6.2. Market Size (US$ Mn) Forecast, By Adhesive Type
6.2.1. Rubber based
6.2.1.1. Nature rubber
6.2.1.2. Synthetic rubber
6.2.2. Acrylic based
6.2.3. Hot melt adhesive
6.3. Market Attractiveness Analysis, By Adhesive Type
6.4. Prominent Trends
7. Global Filament Tapes Market Analysis and Forecast, By Width
7.1. Introduction
7.1.1. Market Share and BPS Analysis, By Width
7.1.2. Y-o-Y Growth Projections, By Width
7.2. Market Size (US$ Mn) and Volume (Mn Sq. m) Forecast, By Width
7.2.1. 12 mm
7.2.2. 18 mm
7.2.3. 24 mm
7.2.4. 36 mm
7.2.5. 48 mm
7.2.6. 72 mm
7.2.7. 96 mm
7.3. Market Attractiveness Analysis, By Width
7.4. Prominent Trends
8. Global Filament Tapes Market Analysis and Forecast, By Application
8.1. Introduction
8.1.1. Market Share and BPS Analysis, By Application
8.1.2. Y-o-Y Growth Projections, By Application
8.2. Market Size (US$ Mn) and Volume (Mn Sq. m) Forecast, By Application
8.2.1. Bundling
8.2.2. Strapping
8.2.3. Insulation
8.2.4. Carton Sealing
8.2.5. Sealing
8.2.6. Others
8.3. Market Attractiveness Analysis, By Application
8.4. Prominent Trends
9. Global Filament Tapes Market Analysis and Forecast, By End Use
9.1. Introduction
9.1.1. Market Share and BPS Analysis, By End Use
9.1.2. Y-o-Y Growth Projections, By End Use
9.2. Market Size (US$ Mn) and Volume (Mn Sq. m) Forecast, By End Use
9.2.1. Shipping & Logistics
9.2.2. Building & Construction
9.2.3. Food & Beverage
9.2.4. Electrical & Electronics
9.2.5. Automotive
9.2.6. Healthcare & Hygiene
9.2.7. Automotive
9.2.8. Printing
9.2.9. Metalworking
9.2.10. Oil & Gas
9.2.11. General Industrial
9.2.12. Consumer Goods
9.3. Market Attractiveness Analysis, By End Use
9.4. Prominent Trends
10. Global Filament Tapes Market Analysis and Forecast, By Region
10.1. Introduction
10.1.1. Market Share and BPS Analysis By Region
10.1.2. Y-o-Y Growth Projections By Region
10.2. Market Size (US$ Mn) and Volume (Mn Sq. m) Forecast By Region
10.2.1. North America
10.2.2. Europe
10.2.3. Asia Pacific
10.2.4. Latin America
10.2.5. Middle East and Africa (MEA)
10.3. Market Attractiveness Analysis By Region
11. North America Filament Tapes Market Analysis and Forecast
11.1. Introduction
11.1.1. Market Share and BPS Analysis By Country
11.1.2. Y-o-Y Growth Projections By Country
11.1.3. Key Regulations
11.2. Market Size (US$ Mn) and Volume (Mn Sq. m) Forecast By Country
11.2.1. U.S.
11.2.2. Canada
11.3. Market Size (US$ Mn) and Volume (Mn Sq. m) Forecast By Filament Type
11.3.1. Single sided tapes
11.3.2. Double sided tapes
11.4. Market Size (US$ Mn) Forecast By Adhesive Type
11.4.1. Rubber based
11.4.1.1. Nature rubber
11.4.1.2. Synthetic rubber
11.4.2. Acrylic based
11.4.3. Hot melt adhesive
11.5. Market Size (US$ Mn) and Volume (Mn Sq. m) Forecast By Width
11.5.1. 12 mm
11.5.2. 18 mm
11.5.3. 24 mm
11.5.4. 36 mm
11.5.5. 48 mm
11.5.6. 72 mm
11.5.7. 96 mm
11.6. Market Size (US$ Mn) and Volume (Mn Sq. m) Forecast By Application
11.6.1. Bundling
11.6.2. Strapping
11.6.3. Insulation
11.6.4. Carton Sealing
11.6.5. Sealing
11.6.6. Others
11.7. Market Size (US$ Mn) and Volume (Mn Sq. m) Forecast By End Use
11.7.1. Shipping & Logistics
11.7.2. Building & Construction
11.7.3. Food & Beverage
11.7.4. Electrical & Electronics
11.7.5. Automotive
11.7.6. Healthcare & Hygiene
11.7.7. Automotive
11.7.8. Printing
11.7.9. Metalworking
11.7.10. Oil & Gas
11.7.11. General Industrial
11.8. Consumer Goods Market Attractiveness Analysis
11.8.1. By Country
11.8.2. By Filament Type
11.8.3. By Adhesive Type
11.8.4. By Width
11.8.5. By Application
11.8.6. By End Use
11.9. Prominent Trends
11.10. Drivers and Restraints: Impact Analysis

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