Metal Foil Tapes Market

Metal Foil Tapes Market

  • MC-5307
  • 4.9 Rating
  • 189 Pages
  • Upcoming
  • 73 Reviews
  • PDF Excel PPT
Riddhesh

Author :

Riddhesh Dani

Harneet

Fact-checked by :

Harneet Meher

Shruti

Editor :

Shruti Bhat

The metal foil tapes market size was valued at nearly USD XX Bn in 2022 and is anticipated to reach USD XX Bn by 2031, expanding at a CAGR of XX% during 2023–2031. The market growth is attributed to the flexibility in developing customized products and reductions in costs of manufacturing components of the consumer electronics, medical, aerospace & defense, and automotive industries.

Metal foil tapes are adhesive tapes, which are made with engineered metals that make the tape ductile and malleable. Stainless steel, lead, copper, and aluminum foils are used primarily to make these tapes. One or double-sided adhesive tapes, with silicone, acrylic, or rubber used as adhesives, are widely manufactured globally. Stainless steel tapes are extensively used to prevent corrosion in extremely moist conditions.

Metal Foil Tapes Market Outlook

Metal foil tapes find applications in the aerospace, building & construction, electronics, and metal finishing industries for their superior thermal and electrical insulation properties. Lead foil tapes are widely used as anti-corrosive and acid-resistant materials in anodizing and electroplating. RFI/EMI shielding in electronics is carried out by using copper foil tapes.

The COVID-19 pandemic affected the metal foil tapes market, due to the closing down of aerospace, construction, and automotive industries. Government-imposed lockdown and restrictions across the globe resulted in decreased manpower at manufacturing units and construction sites. Demand for metal foil tapes from the automotive sector faced a severe decline, with the shutting down of automotive manufacturing units in several countries.

Metal Foil Tapes Market Dynamics

Metal Foil Tapes Market Dynamics

Major Drivers

Growing focus on the repair and maintenance of structures as well as the growing demand for insulation materials from the construction industry are likely to fuel the market during the forecast period. Quick repairs and rehabilitation of existing roads using metal foil tapes and the increased use of aluminum foil tapes for fixing roof damages are expected to boost the market in the coming years.

Existing Restraints

The availability of low-cost alternatives such as specialty adhesive materials is likely to hinder the market expansion during the forecast period. The availability of mastic tapes that are applied to difficult-to-reach areas is a hindrance to the market.

Emerging Opportunities

Growing use of metal foil tapes in heating, ventilating, and air-conditioning (HVAC) systems is a lucrative growth opportunity for the market. The use of proper insulation materials such as aluminum foil tapes increases HVAC efficiencies. The growth of the HVAC industry is a major opportunity for the metal foil tapes market expansion.

Scope of Metal Foil Tapes Market Report

The report 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

Metal Foil Tapes Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016 – 2021

Forecast Period

2023 – 2031

Segmentation

Type (Copper, Aluminum, and Lead), Adhesive Type (Rubber, Silicone, and Acrylic), and End-use (Defense & Aerospace, Electronics, Consumer Goods & Appliances, Building & Construction, Automotive & Transportation, and Others)

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

Nitto Denko Corporation; Henkel; Shurtape Technologies LLC; The 3M Company; Saint Gobain; Bostik; Scapa Group plc; Greene Rubber Company; Nova Films and Foils; Intertape Polymer Group; PPI Adhesive Products; MBK Tape Solutions; Sika Group; CMS Group; Jiangyin Bondtape Technology; Schaffner Holding AG; MBK Tape Solutions; and Advance Tapes International

Metal Foil Tapes Market Segment Insights

Type Segment Analysis

In terms of type, the market is divided into copper, aluminum, and lead. The aluminum segment is expected to dominate the market during the forecasted period, owing to high-quality performances of the metal tapes in hot or cold environments. These tapes are extensively adopt in applications for improving cooling and heating efficiencies of thermally conductive and reflecting surfaces are likely to drive the segment in the coming years. Aluminum foil packaging tapes are extensively used for their thermal insulation properties.

According to data generated by the US Census Bureau and the Simmons National Consumer Survey (NHCS), 318.97 Mn US-based consumers used aluminum foil in 2020, which is expected to rise to 327.03 Mn in 2024.

The copper segment is anticipated to register a significant share of the market in the coming years, due to the increased use of metal foil tapes in the electronics manufacturing industries for shielding electromagnetic waves and transformers. Increasing use of lead foils as effective masking agents for X-rays and electroplating is likely to boost the segment during the forecast period.

Metal Foil Tapes Market Type

Adhesive Type Segment Analysis

Based on adhesive type, the market is divided into rubber, silicone, and acrylic. The acrylic segment is projected to expand at a considerable CAGR during the forecast period, due to its effective resistance to solvents, moisture, and chemicals. Its superior adhesive properties applied to a wide range of abrasive and smooth surfaces are likely to boost the acrylic segment during the forecast period.

The silicone segment is anticipated to hold a key share of the metal foil tapes market, due to its performance in high-temperature environments and high resistance to chemicals.

End-Use Segment Analysis

On the basis of end-use, the metal foil tapes market is segmented into defense & aerospace, electronics, consumer goods & appliances, building & construction, automotive & transportation, and others.

The building & construction segment is expected to expand at a significant growth rate during the projection period, due to the wide applications of metal foil tapes in HVAC systems for effective adhesion in highly humid conditions and extreme temperatures. The creation of flexible bonds and airtight seals are necessary for HVAC systems which are provided through metal foil tapes. These properties are expected to boost the segment in the coming years.


The automotive & transportation segment is anticipated to hold a key market share during the forecast period, owing to the wide use of metal foil tapes for sound dampening in the automotive industry. Its applications in light-weighting as an alternative option to steel for binding purposes is likely to boost the segment in the coming years.

Metal Foil Tapes Market End Use

Regional Analysis

In terms of region, the global metal foil tapes market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the market during the forecast period, owing to increasing government spending on infrastructure development, urbanization, and investments, as well as rising consumer spending. The growing demand for these tapes from the construction industry in India, China, and Japan is anticipated to fuel the market in the region in the coming years. 

The market in North America is projected to expand at a rapid pace during the forecast period, owing to increasing investments in infrastructure projects and commercial establishments in the region. Increasing construction activities in North America have boosted the market in the region. The rising demand for metal foil tapes from the defense and aviation industries is expected to propel the market in the region in the coming years.

Metal Foil Tapes Market Region

Segments

The global metal foil tapes market has been segmented on the basis of

Type

  • Copper
  • Aluminum
  • Lead

Adhesive Type

  • Rubber
  • Silicone
  • Acrylic

End-use

  • Defense & Aerospace
  • Electronics
  • Goods & Appliances
  • Building & Construction
  • Automotive & Transportation
  • Others

Region

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Nitto Denko Corporation
  • Henkel Corporation
  • Shurtape Technologies LLC
  • 3M
  • Saint Gobain
  • Bostik
  • Scapa Group plc
  • Greene Rubber Company
  • Nova Films and Foils
  • Intertape Polymer Group
  • PPI Adhesive Products
  • MBK Tape Solutions
  • Sika Group
  • CMS Group
  • Jiangyin Bondtape Technology
  • Schaffner Holding AG
  • MBK Tape Solutions
  • Advance Tapes International

Competitive Landscape

Players in the global metal foil tapes market are Nitto Denko Corporation; Henkel; Shurtape Technologies LLC; The 3M Company; Saint Gobain; Bostik; Scapa Group plc; Greene Rubber Company; Nova Films and Foils; Intertape Polymer Group; PPI Adhesive Products; MBK Tape Solutions; Sika Group; CMS Group; Jiangyin Bondtape Technology; Schaffner Holding AG; MBK Tape Solutions; and Advance Tapes International.

These companies use strategies such as partnerships, mergers, acquisitions, collaboration, and product launches to increase their presence in the market.

  • In August 2020, Shurtape Technologies, LLC, a major manufacturer of pressure-sensitive tapes, launched a portfolio of HVAC products. The company introduced AF 099, which is an aluminum foil HVAC tape suitable for joint sealing.

Metal Foil Tapes Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Metal Foil 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. Metal Foil Tapes Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Metal Foil Tapes Market - Supply Chain
  4.5. Global Metal Foil Tapes Market Forecast
     4.5.1. Metal Foil Tapes Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Metal Foil Tapes Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Metal Foil Tapes Market Absolute $ Opportunity
5. Global Metal Foil 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. Metal Foil Tapes Market Size and Volume Forecast by Types
     5.3.1. Copper
     5.3.2. Aluminum
     5.3.3. Lead
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Metal Foil Tapes Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Metal Foil Tapes Market Size and Volume Forecast by End Users
     6.3.1. Defense & Aerospace
     6.3.2. Electronics
     6.3.3. Goods & Appliances
     6.3.4. Building & Construction
     6.3.5. Automotive & Transportation
     6.3.6. Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Metal Foil 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. Metal Foil 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 Metal Foil Tapes Demand Share Forecast, 2019-2026
8. North America Metal Foil 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 Metal Foil 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 Metal Foil Tapes Market Size and Volume Forecast by Types
     8.4.1. Copper
     8.4.2. Aluminum
     8.4.3. Lead
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Metal Foil Tapes Market Size and Volume Forecast by End Users
     8.7.1. Defense & Aerospace
     8.7.2. Electronics
     8.7.3. Goods & Appliances
     8.7.4. Building & Construction
     8.7.5. Automotive & Transportation
     8.7.6. Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  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 Metal Foil Tapes Demand Share Forecast, 2019-2026
9. Latin America Metal Foil 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 Metal Foil 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 Metal Foil Tapes Market Size and Volume Forecast by Types
     9.4.1. Copper
     9.4.2. Aluminum
     9.4.3. Lead
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Metal Foil Tapes Market Size and Volume Forecast by End Users
     9.7.1. Defense & Aerospace
     9.7.2. Electronics
     9.7.3. Goods & Appliances
     9.7.4. Building & Construction
     9.7.5. Automotive & Transportation
     9.7.6. Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  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 Metal Foil Tapes Demand Share Forecast, 2019-2026
10. Europe Metal Foil 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 Metal Foil 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 Metal Foil Tapes Market Size and Volume Forecast by Types
     10.4.1. Copper
     10.4.2. Aluminum
     10.4.3. Lead
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Metal Foil Tapes Market Size and Volume Forecast by End Users
     10.7.1. Defense & Aerospace
     10.7.2. Electronics
     10.7.3. Goods & Appliances
     10.7.4. Building & Construction
     10.7.5. Automotive & Transportation
     10.7.6. Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  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 Metal Foil Tapes Demand Share Forecast, 2019-2026
11. Asia Pacific Metal Foil 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 Metal Foil 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 Metal Foil Tapes Market Size and Volume Forecast by Types
     11.4.1. Copper
     11.4.2. Aluminum
     11.4.3. Lead
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Metal Foil Tapes Market Size and Volume Forecast by End Users
     11.7.1. Defense & Aerospace
     11.7.2. Electronics
     11.7.3. Goods & Appliances
     11.7.4. Building & Construction
     11.7.5. Automotive & Transportation
     11.7.6. Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  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 Metal Foil Tapes Demand Share Forecast, 2019-2026
12. Middle East & Africa Metal Foil 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 Metal Foil 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 Metal Foil Tapes Market Size and Volume Forecast by Types
     12.4.1. Copper
     12.4.2. Aluminum
     12.4.3. Lead
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Metal Foil Tapes Market Size and Volume Forecast by End Users
     12.7.1. Defense & Aerospace
     12.7.2. Electronics
     12.7.3. Goods & Appliances
     12.7.4. Building & Construction
     12.7.5. Automotive & Transportation
     12.7.6. Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  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 Metal Foil Tapes Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Metal Foil Tapes Market: Market Share Analysis
  13.2. Metal Foil Tapes Distributors and Customers
  13.3. Metal Foil Tapes Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Nitto Denko Corporation
     13.4.2. Henkel Corporation
     13.4.3. Shurtape Technologies LLC
     13.4.4. 3M
     13.4.5. Saint Gobain
     13.4.6. Bostik
     13.4.7. Scapa Group plc
     13.4.8. Greene Rubber Company
     13.4.9. Nova Films and Foils
     13.4.10. Intertape Polymer Group
     13.4.11. PPI Adhesive Products
     13.4.12. MBK Tape Solutions
     13.4.13. Sika Group
     13.4.14. CMS Group
     13.4.15. Jiangyin Bondtape Technology
     13.4.16. Schaffner Holding AG
     13.4.17. MBK Tape Solutions
     13.4.18. Advance Tapes International

Purchase Premium Report