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Rising demand from electrical & electronics and building & construction industries is a significant factor driving global waterproof tape market revenue growth<br><br>
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Waterproof Tape Market Size Worth USD 23.81 Billion in 2030 www.emergenresearch.com Rising demand from electrical & electronics and building & construction industries is a significant factor driving global waterproof tape market revenue growth
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Market Summary The global waterproof tape market size is expected to reach USD 23.81 Billion in 2030 and register a steady revenue CAGR of 6.9% over the forecast period, according to latest analysis by Emergen Research. Waterproof tape market revenue growth is primarily driven by factors such as rising demand from electrical & electronics and building & construction industries. Waterproofing tapes are used to stop water from entering building structures and are highly preferred owing to their excellent performance in terms of water ingress and ease of use. Waterproof tape is also increasingly being used in electrical and electronic applications to prevent mishaps caused by water coming into contact with electricity and prevent water damage to electronics. www.emergenresearch.com
Market Summary Some Key Highlights From the Report On 29 March 2021, The Flex Seal Family of Products officially launched its newest and largest line of products and a part of the line is Flex Tape, which is an extremely strong waterproof tape that can instantly patch, bond, and seal, virtually anything. It can be applied on dry or wet surfaces and it even works underwater. Flex Tape’s powerful adhesive bonds instantly to almost any surface and actually gets stronger with time and pressure. The silicone segment is expected to register a rapid revenue growth rate over the forecast period. This is attributed to their exceptional bonding strength to various substrates including plastics and rubber. Silicone waterproof tapes are also being employed more and more in the medical industry due to its numerous advantages. As it is biocompatible with skin and does not hurt live tissues, it is appropriate for those with delicate skin such as newborns and elderly. With repositionable dressings, wound can be examined and monitored for a longer period of time without having to change them. In addition, wounds can be monitored without changing the dressing due to transparency of some formulations. By acting as a barrier against liquids that can otherwise contaminate a wound, something is waterproof. They are exposed to air and can survive bacterial development. Request Free Sample Copy @ https://www.emergenresearch.com/request-sample/1207 www.emergenresearch.com
Market Summary • Emergen Research has segmented the global waterproof tape market based on resin type, substrate type, end-use, and region: • Resin Type Outlook (Revenue, USD Million; 2019–2030) • Acrylic • Silicone • Butyl • Substrate Type Outlook (Revenue, USD Million; 2019–2030) • Plastic • Metal • Rubber • Others • Read More @ https://www.emergenresearch.com/industry-report/waterproof-tape-market
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