22-October-2018: The building and construction tapes market is touted to reach a valuation of USD 5.9 billion by 2025, according to a report by Grand View Research, Inc. Building and construction tapes are vital materials used on account of their superior adhesive properties. Resurgence of the construction sector after the collapse of the U.S. housing bubble coupled with rise in construction of single homes is likely to lead to high demand for these tapes. Building tapes are used in hazardous areas and under construction zones to prevent workplace accidents.
Pressure-sensitive and water activated tapes are prominent in the industry owing to their resistance to all types of weather and high durability. Some of these tapes possess triboluminescence, allowing them to be observable in dark areas. The tapes by ECHO have the capability to bond elements even at temperatures as low as -4 degrees F. In addition, prominent manufacturers are experimenting with novel formulae by combining new inorganic composite powder to be used in flashing tapes. Shurtape Technologies, a U.S. company, has decided to expand its production line to cater demand for tapes in residential and industrial sectors.
Pressure-sensitive and water activated tapes are prominent in the industry owing to their resistance to all types of weather and high durability. Some of these tapes possess triboluminescence, allowing them to be observable in dark areas. The tapes by ECHO have the capability to bond elements even at temperatures as low as -4 degrees F. In addition, prominent manufacturers are experimenting with novel formulae by combining new inorganic composite powder to be used in flashing tapes. Shurtape Technologies, a U.S. company, has decided to expand its production line to cater demand for tapes in residential and industrial sectors.
Changing building codes and emphasis on energy efficiency has led construction companies to opt for green materials. The Leadership in Energy and Environmental Design (LEED) certification has been awarded to contractors or companies using sustainable materials in heating, ventilation, and air conditioning (HVAC) applications. Novel building codes to prevent air leaks in temperate conditions and be energy-efficient has led to construction companies opting for acrylic tapes. For instance, tesa, a prominent player, has launched the Classic Pro Nature line of masking tapes with residue-free removal.
The building and construction tapes market demand is expected to skyrocket owing to high requirement for filmic tapes. Rising demand for foil-based applications for HVAC and insulation applications can augur market growth from 2014 to 2025 (forecast period). Resurgence of the construction sector and emergence of novel infrastructural projects are bound to influence market demand in the forthcoming years. Prominent market players include Shurtape Technologies, LLC, The 3M Company, PPG Industries, and tesa SE.
In-Depth Research Report On Building and Construction Tapes Market:
https://www.grandviewresearch.com/industry-analysis/building-construction-tapes-market
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