Water Blocking Tapes Market Size, Share & Growth Report 2031
Water Blocking Tapes Market Size, Share & Growth Report 2031
Segments - Water Blocking Tapes Market by Applications (Submarine Cable, Optical Fiber Cable, Power Cable, and Communication Cable), Conductive Types (Non-conductive, Semi-conductive, and Conductive), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :CG-4543
| 4.3 Rating
| 75 Reviews
| 168 Pages
| Format :
Report Description
The global water blocking tapes market size was valued at USD 397.06 Billion in 2022 , is expected to reach USD 648.38 Billion by 2031 and expanding at a CAGR of 5.6% during the forecast period, 2023–2031. The growth of the market is attributed to the increasing product demand from construction industry.
Water blocking tapes absorb liquid fast at the site of insulation failure and swell to stop further entrance. Water-absorbent polymers that are placed under layers of cloth using the ultrasonic bonding process are examples of water-blocking chemicals. Optical fibre, submarine, power, communication, and other cables all employ water blocking tapes. Non-conductive water blocking tape is made of a super-swelling polyester non-woven fabric that is not caustic. It can effectively block water and mist to protect the cable due to its outstanding swelling speed and swelling height. When water penetrates a cable protected by waterproof tape, the extremely absorbent powder in the tape produces a watertight gel almost instantaneously, preventing further damage to the cable.
The COVID-19 pandemic has affected the market for water blocking tapes globally, due to a drop in demand from the many uses of the cables sector. The pandemic hit hard and disrupted operations and worldwide supply chains in a variety of sectors, resulting in a drop in demand and growth in the water blocking tapes market. Several governments have implemented lockdowns in 2020 to prevent the virus from further spreading. Companies are still attempting to cope with the pandemic unexpected impact, and they must work efficiently to enhance their supply chain and distribution network in order to meet future demand for water blocking tapes and deal with market volatility. The market is picking up speed, thanks to improving markets and end-use sectors, and increased building projects and investment on the cables industry throughout the world.
Market Trends, Drivers, Restraints, and Opportunities
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Rising demand for latency free telecommunication devices is expected to drive the market.
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Increasing application of water blocking tape in various industry is projected to propel the market during the forecast period.
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Maintaining uninterrupted supply chain is anticipated to hinder the market.
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Volatility in raw material prices is expected to hamper the market in the coming years.
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Production of tapes as per specific applications is projected to create lucrative opportunities for market players.
Scope of the Report
The report on the global water blocking tapes market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Water Blocking Tapes Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Applications (Submarine Cable, Optical Fiber cable, Power Cable, and Communication Cable), and Conductive Types (Non-conductive, Semi-conductive, and Conductive) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Tesa SE; Scapa Group Ltd; Intertape Polymer Group; Beery Global Inc.; Nichiban Co., Ltd.; Sika AG; 3M; and Nitto Denko Corporation |
Market Segment Insights
Power cable segment to expand at a considerable CAGR
On the basis of applications, the water blocking tapes market is segmented into submarine cable, optical fiber cable, power cable, and communication cable. The power cable segment is projected to expand at a considerable CAGR during the forecast period, due to fine finishing, tensile strength, and excellent waterproofing. The communication cable segment is anticipated to account for a major market share during the forecast period. The water blocking tapes provides low electrical resistance and good cushioning properties.
Non-conductive segment to hold a significant share of the market
Based on conductive types, the market is divided into non-conductive, semi-conductive, and conductive. The non-conductive segment is expected to hold a significant share of the market in the coming years. Non-conductive tape is widely utilized in various houses, hotels, businesses, and other similar locations. The semi-conductive segment accounts for a significant market share, as it quickly blocks water and moisture between the elements and preserve the cable very efficiently.
Asia Pacific is anticipated to constitute a key market share
In terms of regions, the water blocking tapes market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to constitute a key share of the market during the forecast period, owing to growing energy infrastructure investments and growing cross-regional power and data cables in the region. The market in North America is anticipated to expand at a rapid pace during the forecast period, due to availability of raw materials and cheap labor resources in the region.
Segments
The global water blocking tapes market has been segmented on the basis of
Applications
- Submarine Cable
- Optical Fiber cable
- Power Cable
- Communication Cable
Conductive Types
- Non-conductive
- Semi-conductive
- Conductive
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Tesa SE
- Scapa Group Ltd
- Intertape Polymer Group
- Beery Global Inc.
- Nichiban Co., Ltd.
- Sika AG
- 3M
- Nitto Denko Corporation
Competitive Landscape
Key players competing in the global water blocking tapes market are Tesa SE; Scapa Group Ltd; Intertape Polymer Group; Beery Global Inc.; Nichiban Co., Ltd.; Sika AG; 3M; and Nitto Denko Corporation.
These firms are employing a variety of inorganic and organic techniques to get a foothold in the water blocking tapes sector. The research offers a comprehensive competitive analysis of these top competitors in the water blocking tapes market, including company biographies, recent developments, and important market strategies.
Frequently Asked Questions
The global water blocking tapes market size was valued at USD 397.06 million in 2022.
Rising demand for latency free telecommunication devices is expected to drive the market.
The global water blocking tapes market is expanding at a CAGR of 5.6% during the forecast period, 2023–2031.
Asia Pacific is expected to constitute a key share of the market during the forecast period.
Key players competing in the global water blocking tapes market are Tesa SE; Scapa Group Ltd; Intertape Polymer Group; Beery Global Inc.; Nichiban Co., Ltd.; Sika AG; 3M; and Nitto Denko Corporation.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Water Blocking 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. Water Blocking Tapes Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Water Blocking Tapes Market - Supply Chain
4.5. Global Water Blocking Tapes Market Forecast
4.5.1. Water Blocking Tapes Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Water Blocking Tapes Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Water Blocking Tapes Market Absolute $ Opportunity
5. Global Water Blocking Tapes Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Water Blocking Tapes Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Water Blocking Tapes Demand Share Forecast, 2019-2026
6. North America Water Blocking Tapes Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Water Blocking Tapes Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Water Blocking Tapes Demand Share Forecast, 2019-2026
7. Latin America Water Blocking Tapes Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Water Blocking Tapes Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Water Blocking Tapes Demand Share Forecast, 2019-2026
8. Europe Water Blocking 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
8.1.3. Europe Average Pricing Analysis
8.2. Europe Water Blocking Tapes Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Water Blocking Tapes Demand Share Forecast, 2019-2026
9. Asia Pacific Water Blocking 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. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Water Blocking Tapes Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Water Blocking Tapes Demand Share Forecast, 2019-2026
10. Middle East & Africa Water Blocking 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. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Water Blocking Tapes Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Water Blocking Tapes Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Water Blocking Tapes Market: Market Share Analysis
11.2. Water Blocking Tapes Distributors and Customers
11.3. Water Blocking Tapes Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
Methodology
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