Cable Wrapping Tapes Market

Cable Wrapping Tapes Market

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Riddhesh Dani

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Shruti Bhat

The global cable wrapping market size was USD 18.9 Billion in 2020 and is projected to reach USD 27.4 Billion by 2027, expanding at a CAGR of 4.8 % during the forecast period, 2021 – 2027. The growth of the market is attributed to the increasing use of these tapes in various industries for different applications. Moreover, high demand for these tapes in the Asia Pacific is driving the market growth.

Cable Wrapping Tapes Market By Key Takeaways

The era of digitalization has increased the consumption of electricity across the world. This, in turn, has led to globalization and grew the demand for secure supply of electricity, high speed Internet and telephone lines. Cable wrapping tapes have helped in fulfilling above-mentioned requirements.

Barriers and limitations remain minimal in developed nations, resulting uninterrupted growth of the market. Conversely, developing nations remain key focus for the industry players. These countries have relatively low penetration of Internet and are on brink of digitalization, resulting in booming of the market during the forecast period.

Market Trends, Drivers, Restraints, and Opportunities:

  • Ongoing technological advancements is expected to spur the market growth.
  • Increasing adoption of Internet and cable connection in emerging economies is anticipated to fuel the growth of the global cable wrapping tapes market.
  • Huge demand for products, such as fiber optics and high voltage cables in developed and emerging economies is speculated to foster the market growth.
  • Limited growth of the market owing to its major use in networking applications such as Internet services and telecommunications can restrain the growth of the market.
  • The emergence of wireless networking technology can fast-pace development in satellite communication can boost the market growth during the forecast period.

Scope of the Report

The report on the global cable wrapping tapes market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Cable Wrapping Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2027

Segmentation

Types (Water-swellable Cable Wrapping Tapes, Fire Retardant Cable Wrapping Tapes, Semi-conductive Cable Wrapping Tapes, Insulative Cable Wrapping Tapes, Bituminized Cable Wrapping Tapes, and Mastic Cable Wrapping Tapes), Material Types (Cloth Tapes, PVC Tapes, PET Tapes, and Others), Applications (Power, Communications, and Industrial), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Scapa Group, 3M, HellermannTyton Corporation, and Jinyang Technology, Denka, Plymouth, and Furukawa Electric

Global Cable Wrapping Tapes Market Segment Insights

Power segment to expand at a high CAGR

Based on applications, the market is divided into power, industrial, and communication. The power segment to hold a considerable amount of market share during the forecast period, This segment is anticipated to exhibit a CAGR of 5.5% in the projected timeline. Increasing demand for electricity owing to rapid growth in the real estate industry is spurring the segment growth.

Cable Wrapping Tapes Market By applications

Asia Pacific to account for a large market share

On the basis of regions, the market is segregated into North America, Latin America, Asia Pacific, Europe, and Middle & East Africa. Asia Pacific to account for a large market share during the forecast period. Increasing penetration of Internet and rapid growth in the energy sector are expected to propel the regional market growth. Moreover, the presence of robust Internet infrastructure and increasing adoption of wireless technologies are expected to boost the growth of the market in the region.

Cloth tapes to dominate the market

Based on the material types, global cable wrapping tapes market is segregated into cloth tapes, PVC tapes, PET tapes, and others. The cloth tapes segment dominated the market with a market share of 80% in the market. Conversely, the PVC tapes is expected to grow at a steady rate in the coming years.

Water-swellable tapes to account a key market share

Based on the types, the market is divided into water-swellable cable wrapping tapes, fire retardant cable wrapping tapes, semi-conductive cable wrapping tapes, insulative cable wrapping tapes, bituminized cable wrapping tapes, and mastic cable wrapping tapes.

The water-swellable tapes segment is expected to account for significant market share during the forecast period. They are designed to prevent water ingress into fiber optic cables and power cables. Growing digitalization and increasing awareness about its benefits are expected to boost the water swellable tape segment.

Segments

The global cable wrapping tapes market has been segmented into

Types

  • Water-swellable Cable Wrapping Tapes
  • Fire Retardant Cable Wrapping Tapes
  • Semi-Conductive Cable Wrapping tapes
  • Insulative Cable Wrapping Tapes

Applications

  • Power
  • Communication
  • Industrial

 Material types

  • Cloth Tape
  • PVC Tape
  • PET Tape
  • Other

Competitive Landscape

The major players of the market are 3M, HellermannTyton Corporation, Jinyang Technology Co., LTD., Denka, Furukawa Electric, Plymouth, Berry Plastics, Shushi, Scapa, Nitto, and Saint Gobin (CHR).

Companies had to face some challenges due to the COVID-19 pandemic related lockdowns, imposed worldwide. However, the market is anticipated to recover soon.

Companies are focusing on optimizing their supply chain operations, which have been hit hard due to the pandemic.

Cable Wrapping Tapes Market By key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cable Wrapping Tapes Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Cable Wrapping Tapes Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Cable Wrapping Tapes Market - Supply Chain
  4.5. Global Cable Wrapping Tapes Market Forecast
     4.5.1. Cable Wrapping Tapes Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Cable Wrapping Tapes Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Cable Wrapping Tapes Market Absolute $ Opportunity
5. Global Cable Wrapping Tapes Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Cable Wrapping Tapes Market Size and Volume Forecast by Types
     5.3.1. Water-swellable Cable Wrapping Tapes
     5.3.2. Fire Retardant Cable Wrapping Tapes
     5.3.3. Semi-Conductive Cable Wrapping tapes
     5.3.4. Insulative Cable Wrapping Tapes
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Cable Wrapping Tapes Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Cable Wrapping Tapes Market Size and Volume Forecast by Applications
     6.3.1. Power
     6.3.2. Communication
     6.3.3. Industrial
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Cable Wrapping Tapes Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Cable Wrapping Tapes Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Cable Wrapping Tapes Demand Share Forecast, 2019-2026
8. North America Cable Wrapping Tapes Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Cable Wrapping Tapes Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Cable Wrapping Tapes Market Size and Volume Forecast by Types
     8.4.1. Water-swellable Cable Wrapping Tapes
     8.4.2. Fire Retardant Cable Wrapping Tapes
     8.4.3. Semi-Conductive Cable Wrapping tapes
     8.4.4. Insulative Cable Wrapping Tapes
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Cable Wrapping Tapes Market Size and Volume Forecast by Applications
     8.7.1. Power
     8.7.2. Communication
     8.7.3. Industrial
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Cable Wrapping Tapes Demand Share Forecast, 2019-2026
9. Latin America Cable Wrapping Tapes Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Cable Wrapping Tapes Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Cable Wrapping Tapes Market Size and Volume Forecast by Types
     9.4.1. Water-swellable Cable Wrapping Tapes
     9.4.2. Fire Retardant Cable Wrapping Tapes
     9.4.3. Semi-Conductive Cable Wrapping tapes
     9.4.4. Insulative Cable Wrapping Tapes
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Cable Wrapping Tapes Market Size and Volume Forecast by Applications
     9.7.1. Power
     9.7.2. Communication
     9.7.3. Industrial
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Cable Wrapping Tapes Demand Share Forecast, 2019-2026
10. Europe Cable Wrapping Tapes Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Cable Wrapping Tapes Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Cable Wrapping Tapes Market Size and Volume Forecast by Types
     10.4.1. Water-swellable Cable Wrapping Tapes
     10.4.2. Fire Retardant Cable Wrapping Tapes
     10.4.3. Semi-Conductive Cable Wrapping tapes
     10.4.4. Insulative Cable Wrapping Tapes
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Cable Wrapping Tapes Market Size and Volume Forecast by Applications
     10.7.1. Power
     10.7.2. Communication
     10.7.3. Industrial
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Cable Wrapping Tapes Demand Share Forecast, 2019-2026
11. Asia Pacific Cable Wrapping Tapes Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Cable Wrapping Tapes Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Cable Wrapping Tapes Market Size and Volume Forecast by Types
     11.4.1. Water-swellable Cable Wrapping Tapes
     11.4.2. Fire Retardant Cable Wrapping Tapes
     11.4.3. Semi-Conductive Cable Wrapping tapes
     11.4.4. Insulative Cable Wrapping Tapes
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Cable Wrapping Tapes Market Size and Volume Forecast by Applications
     11.7.1. Power
     11.7.2. Communication
     11.7.3. Industrial
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Cable Wrapping Tapes Demand Share Forecast, 2019-2026
12. Middle East & Africa Cable Wrapping Tapes Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Cable Wrapping Tapes Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Cable Wrapping Tapes Market Size and Volume Forecast by Types
     12.4.1. Water-swellable Cable Wrapping Tapes
     12.4.2. Fire Retardant Cable Wrapping Tapes
     12.4.3. Semi-Conductive Cable Wrapping tapes
     12.4.4. Insulative Cable Wrapping Tapes
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Cable Wrapping Tapes Market Size and Volume Forecast by Applications
     12.7.1. Power
     12.7.2. Communication
     12.7.3. Industrial
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Cable Wrapping Tapes Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Cable Wrapping Tapes Market: Market Share Analysis
  13.2. Cable Wrapping Tapes Distributors and Customers
  13.3. Cable Wrapping Tapes Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. 3M
     13.4.2. H-Old
     13.4.3. Yongle (Avery Dennison)
     13.4.4. Tesa (Beiersdorf AG)
     13.4.5. Nitto
     13.4.6. Achem (YC Group)
     13.4.7. Saint Gobin (CHR)
     13.4.8. IPG
     13.4.9. Four Pillars
     13.4.10. Scapa
     13.4.11. Yongguan Adhesive

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