Market Research Blog

The global carbon tapes market is expected to reach a valuation of US$ 35.8 Bn in 2022. With sales growing at a 4.5% CAGR over the assessment period, with the market size reaching US$ 55.7 Bn by 2032.

Carbon tapes are flat material tapes that are made from carbon fiber bearing high strength. Carbon tapes are popular for their strength. It weighs around 1/7th as much as steel in terms of strength. These tapes last longer than the conventional cable. In addition to that, they offer wear and abrasion-resistant property.

Carbon tapes are used in various end use industries such as aerospace & defense, automotive, marine, building & construction, and sporting goods. The demand for highly durable and strong tapes in various end use industries will augments sales in the market.

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Rising demand for high-temperature tolerance packaging solutions in automotive and other industries is projected to drive sales of carbon tapes. Increasing adoption of carbon fiber in the aerospace industry will create opportunities for growth. Carbon fiber helps in reducing the cost and energy. Overall, the benefits offered by carbon fiber tapes are estimated to boost the demand for carbon tapes during the forecast period.

“Increasing application of carbon tapes in the building and construction sector, along with high preference for durable and high strength reinforcement solutions will boost sales in the market over the forecast period,” says FMI analyst.

Key Takeaways:

· Based on resin, sales of epoxy carbon tapes will grow by 1.6x by 2032.

· By form, the prepreg tape segment will account for a dominant share in the market.

· In. terms of application, demand in the aerospace and defense segment will account for 41% of the total market share in 2022.

· Sales in the Japan carbon tapes market will gain traction at a 5.4% CAGR over the assessment period.

· The India carbon tapes market will create an incremental opportunity of US$ 2.6 Bn over the forecast period.

· North America and Europe will collectively account for a dominant share in the market.

Competition Landscape

The key players operating in the carbon tapes market include

• Techinstro,
• Ted Pella, Inc.,
• MBK Tape Solutions,
• Nanoshel LLC,
• Fabtech Systems, LLC,
• Euro Tapes Private Limited,
• Cevotec GmbH,
• Hexcel Corporation,
• Teijin Carbon Europe GmbH., and
• Sabic Corporation.

Some of the other noticeable player in the market are Zoltek, Victrex plc, TORAY INDUSTRIES, INC., Solvay, SILTEX, SGL Carbon, TCR Composites, Inc., and others.

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Carbon Tapes Market Report

Future Market Insights, in its new report, offers an unbiased analysis of the global carbon tapes market, analyzing historical demand from 2015-2021 and forecast statistics for 2022-2032. The study reveals market growth projections for the carbon tapes based on the resin (epoxy, thermoplastic and polyamide), form (prepreg tape and dry tapes) and end use (aerospace & defence, automotive, marine, building & construction and sporting goods) across seven regions.

Carbon Tapes Market by Category

Resin:

• Epoxy
• Thermoplastic
• Polyamide

Form:

• Prepreg Tapes
• Dry Tapes

End Use:

• Aerospace & Defence
• Automotive
• Marine
• Building & Construction
• Sporting Goods

Region:

• North America
• Latin America
• Europe
• South Asia
• East Asia
• Middle East & Africa
• Oceania

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-15394

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

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The packaging suction cup market is anticipated to grow at a CAGR of 6.8% from 2022 to 2032. Additionally, it is predicted that the global market for packaging suction cups will grow from US$ 8.4 billion in 2022 to US$ 16.22 billion in 2032.

As smart labels and digital printing for packaging have grown in popularity, the market for packaging suction cups has been adopting automation to boost efficiency.

Companies are working to create effective and cutting-edge packing technology in response to the demand for equipment that can do all tasks, from labelling and wrapping to shaping packaging items.Vacuum cups or suction cups have generated buzz due to the increased emphasis on avoiding human interference in the packaging business, which has increased sales of packaging suction cups. Regardless of other cheap materials, commodities, and fill levels, it enables easy handling of bags, boxes, and complex-shaped products reliably in an automated process, increasing demand for packaging suction cups.

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What are the Growth Propellers for the Packaging Suction Cups Market?

Manufacturers contributing to the worldwide packaging suction cups market remain focused on improving the functionality and suitability of suction cups to all shapes and sizes of packaging products. In order to set their product unique in the market along with boosting sales of packaging suction cups most of the market players are experimenting with innovative materials.

In addition to adopting product-level innovation strategy, manufacturers of packaging suction cups, catering to the packaging industry, are focusing on identifying and leveraging white spaces in application of their products that has also surged the demand for packaging suction cups in the global market.

What is the Competitive Outlook for the Packaging Suction Cups Market?

• Adams Manufacturing Corporation,
• All-Vac Industries, Inc.,
• ANVER Corporation,
• Coval Inc.,
• J. Schmalz GmbH,
• Piab AB,
• VacMotion Inc.,
• Vi-Cas Manufacturing Company, and
• William B. Rudow, Inc.

are the prominent competitors mentioned in the packaging suction cups market survey.

Recent Developments in the Packaging Suction Cups Market

• PIAB (a Swedish-based global manufacturer of gripping, lifting, and moving solutions) will offer piGRIP suction cups in December 2020. Suction cups are available in a variety of diameter ranges to accommodate a wide range of picking applications.
• Recently, Piab Ab introduced Kenos® KVG series of vacuum grippers with suction cups, specially designed for objects with wet or oily surfaces.
• In September 2019, Schmalz introduced a new line of packaging suction cups made of ElastoDur material for handling abrasive cardboard boxes and rigid packaged products.

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Packaging Suction Cups Market: Segmentation

By Product:

• Flat
• Bellows

By Material:

• Polyurethane
• Nitrile Rubber
• Polyvinyl Chloride (PVC)
• Silicone
• Others

By Diameter:

• Up To 10 mm
• 10-30 mm
• 31-50 mm
• Above 50 mm

By Application:

• Canning
• Bottling
• Cartoning and Bagging
• Filling
• Labeling
• Tray Making
• Others

By End-Use Industry:

• Food & Beverages
• Personal Care & Cosmetics
• Pharmaceuticals
• Electronics & Electricals
• Logistics & Transportation
• Others

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-10718

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
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Website: https://www.futuremarketinsights.com

The spigot end cap market is projected to grow at a CAGR of 6.5% over the forecast period, from a value of US$35.27 billion in 2022 to US$66.21 billion by 2032.

Spigot end cap sales are anticipated to increase as a result of quick urbanisation, rising middle-class discretionary income, and growing private and public investment. Additionally, the durable and corrosion-resistant end use of spigot end caps for building and construction is driving up demand for them. Over the forecast period, this aspect is anticipated to enhance the spigot end cap market.

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The fact that spigot end caps require less maintenance after being employed in a protective application is another factor boosting sales. The market share for spigot end caps is also growing as a result of the rising demand for spigot end cap piping solutions in irrigation.

The growing need for safe packaging solutions for spigot end caps in the building and construction sector is also anticipated to offer potential opportunities for the spigot end cap market. Additionally, strict plastic consumption restrictions are predicted to hinder spigot end cap sales for the duration of the forecast period.

What are the Key Drivers to the Spigot End Cap Market Share?

The demand for spigot end cap strong and durable solutions for building and construction applications, such as spigot end cap, has grown in recent years. The sales of spigot end cap is growing as manufacturers are now producing protective packaging solutions like spigot end caps based on consumer needs. Another factor propelling the demand for spigot end caps is that they can be used in traditional packaging applications such as bottles, pipes, and so on.

The demand for spigot end cap is rising as they are gaining popularity in multiple end use industries. Spigot end cap are also used on packaging for building and construction applications, automobile spare parts, electronic appliances, consumer products, and other applications. As a result, the sales of spigot end cap is projected to grow rapidly during the forecast period. Furthermore, the demand for spigot end cap is growing as it cost-effective closing solution which aids in boosting the safety of packed items and applications.

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How is the Competitive Landscape in the Spigot End Cap Market?

• Plastitalia Spa,
• Fusion Group Limited,
• Kuzeyboru Company,
• Kimplas Piping Systems Ltd.,
• T-mex Ltd,
• Adroit Piping Systems,

and others are some of the key players in the spigot end cap market. During the projected period, some unorganized and local companies are also expected to contribute to the spigot end cap market growth.

Key Developments

• Saint-Gobain agreed to sell 67 percent of its pipe business in China to a consortium led by the Chinese government in April 2021. This sale allows it to preserve a long-term industrial collaboration with the pipe business in Europe.
• Aliaxis agreed to sell its plastic piping system business in Southeast Asia to LESSO Conglomerate, a big Chinese industrial group that makes pipes and fittings as well as building materials, in February 2021. The divestment is being carried out in order to concentrate on core growth areas and opportunities.

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-10350

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
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Website: https://www.futuremarketinsights.com

During the forecast period of 2022–2032, the market for volatile corrosion inhibitor (VCI) shrink films is anticipated to grow at a healthy CAGR of 5%–6%. The need for VCI shrink films is predicted to increase due to the rapid use of protective films for wrapping valuable metal products, equipment, machinery, and other items across a variety of industries.

VCI shrink films, sometimes referred to as VCI shrink wraps, are transparent films with volatile, clear corrosion inhibitor molecules that help shield metal surfaces from outside influences like corrosion. These films come in a variety of sizes and are offered in sheets, rolls, bags, and tubing formats. They can be used to cover ferrous, non-ferrous, and multi-metal materials.

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Which Key Factors Are Driving the Global VCI Shrink Films Market?

VCI shrink films are made to prevent corrosion during production, storage, and transportation for metallic parts made of several metals, including iron & steel, copper, brass, tin, zinc & zinc galvanised, bronze, and nickel. These films’ advantageous qualities, such as their exceptional clarity, UV stability, cross-lamination, and cling capabilities, negate the need for additional cleaning and degreasing of the metal parts they cover.

Due to this, VCI shrink films are being used extensively in the logistical and transportation fields to store and move metal items. They are often utilised in case liners and coverings, lock-tip bags, single wound sheeting, elasticized bags, tubing, flat materials, centrefold sheeting

How is Western Europe Contributing to the Growth of the VCI Shrink Films Market?

Future Market Insights states that Western Europe is anticipated to account for a significant share in the global VCI shrink films market from 2022 to 2032.

A swift rise in import and export of automobiles and automotive goods are being witnessed across the countries such as Germany, the U.K., France, and others, creating strong demand for metal wrapping films.

According to a report by the Observatory of Economic Complexity, nearly US$ 123 Bn worth of automotive vehicles, including passenger cars and commercial vehicles, and US$ 54.6 Bn valued automobile parts were exported by Germany in the year 2020. As VCI shrink films are extensively being used for wrapping automotive vehicles and automobile parts for protecting them from corrosion and other external factors, such rise in exports is projected to bolster the demand in the Western Europe market.

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Market Competition

Some of the leading players in the VCI shrink films market are

• Superior Industries, Inc.,
• MAGNA INTERNATIONAL PTE LTD.,
• Cortec Corporation,
• Aicello Corporation,
• Daubert Cromwell, Inc.,
• MetPro Group,
• Harita-NTI Ltd.,
• BRANOpac GmbH,
• Propagroup, and others.

Prominent players in the global VCI shrink films market are aiming at launching sustainable   products and capacity expansion to gain edge in the highly competitive market.

Key Segments Profiled in the VCI Shrink Films Market Survey

By Film Thickness:

• Below 25 micron
• 25 to 100 microns
• 100 to 200 microns
• Above 200 microns

By End Use Industry:

• Mining and Metallurgy
• Electronic & Electrical
• Automotive
• Transport & Logistic
• Aerospace
• Agriculture
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan
• Japan
• Middle East and Africa

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-9152

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

The market for traffic control device tape is expected to reach US$ 9.6 billion in 2032 and develop significantly between 2022 and 2032, with a CAGR of 5.2%. Sales of traffic control device tapes are anticipated to expand as a result of strict government regulations aimed at enhancing passenger safety and an urgent demand for operational effectiveness.

In 2022, the market for traffic control device tape is anticipated to reach US$ 4.1 billion. Tapes for traffic control devices are frequently used to regulate both foot and vehicle traffic. When a road is closed or when there is a hazard, these serve as transient traffic signals to reroute traffic.

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How Are Manufacturers Driving the Asia Pacific Traffic Control Device Tape Market?

The urgent need for barricade tapes in highly populated countries, such as India and China is likely to drive the Asia Pacific traffic control device tape market share in future years. Painting for warning or caution signs is a time consuming process and thus companies are preferring traffic control device tapes to avoid the inconvenience.

The presence of a large number of local manufacturers, especially in China would also create new growth opportunities in Asia Pacific. Besides, the country exports raw materials in other parts of the globe with the availability of low cost materials and labor. This factor would also enable manufacturers to generate more sales in the Asia Pacific market.

Are governmental regulations boosting North America’s market for traffic control device tape?
According to predictions, North America will continue to come in second place in the following years, followed by Asia Pacific. It is anticipated that rising automobile production and sales in the United States and Canada will be positive for the local market. Another important aspect that is projected to drive the market is the swift expansion of the logistics and transportation sectors in this area.

Furthermore, it is predicted that in North America throughout the assessment period, the market for traffic control device tapes will increase due to strict government regulations aimed at enhancing road safety. Additionally, raising consumer awareness of accident prevention and driver safety is probably going to help the local market flourish.

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Market Competition

Some of the prominent companies present in the global traffic control device tape market include

• Vibac,
• 3M Company,
• Advance Tapes International Ltd.,
• Kruse Adhesive Tape, Inc.,
• Scapa,
• Surface Shields, and
• Nitto Denko Corp. among others.

Leading companies operating in the global market are increasingly focusing on introducing new products to fulfill the high unmet demand from end-user industries. Meanwhile, a few other companies are aiming to strengthen their positions in the global market by collaborating with renowned players and acquiring small-scale enterprises.

Key Segments Profiled in the Traffic Control Device Tape Industry Survey

By Material:

• Polyethylene
• Polypropylene
• Nylon
• Others

By Product Type:

• Adhesive
• Non-adhesive

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East and Africa

Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-9357

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com