Glass Cloth Tape Market: Snapshot

Glass cloth tape is increasingly used in greenhouse paneling. This is made from a textile material called as glass cloth. Glass cloth tape allows visible light to pass through them while filtering out the ultraviolet rays. They are patterned in various ways using the plain weaves. These cloths are made from linen, cotton warp, and tow weft. Glass cloth tapes have quality finishing and high durability and they are used in high temperature sealing applications. As these tapes are formulated with high-temperature abrasion resistant heat curing adhesives, they provide good adhesion, tearing resistance, and excellent temperature resistance properties. They can withstand up to 550°F temperature in the best cases.

The global glass cloth tape market is expanding at an impressive rate owing to their increasing application in the packaging industry. These cloth tapes are cheaper than their substitutes and provide desirable qualities, which is motivating manufacturers to increase their usage. Furthermore, technological advancements and product innovations are allowing the vendors to create glass cloth tape with high mechanical strengths and more heat resistance, which is propelling this market. The usage of glass cloth tapes as electrical insulators and increasing generation of renewable energy are expected to positively affect the market growth. Rapid industrialization in the developing economies is further poising in the growth of the market.

Among the various regions, the market for glass cloth tapes in Asia Pacific is anticipated to grow at a significant rate owing to rapid industrialization since last few years. Furthermore, the increasing demand from construction industry and developing manufacturing segments in countries such as India and China are expected to help this market grow in this region.

Glass Cloth Tape Market: Overview

Glass cloth tapes are originally used in greenhouse paneling to allow the ultraviolet rays of the sun to filter out while allowing visible light rays. Visible light rays are the only electromagnetic rays, which allows us to see a particular object. These tapes are made up of glass cloth, a textile material. The fabric is usually woven with plain weave and may be customized with patterns or designs, depending on the requirement. The material used in the manufacture of glass cloth tapes is linen; however, many companies use cotton to manufacture these tapes. Glass cloth tapes are highly used in high-temperature sealing applications. These tapes are known for high durability and quality finishing. Glass cloth tapes are usually formulated with heat curing adhesives with high-temperature abrasion resistance. Therefore, they provide excellent temperature resistance, tearing resistance, and good adhesion properties. Based on the duration and type of the heat source, these tapes can withstand temperatures up to 550°F or more.

Glass Cloth Tape Market: Dynamics and Trends

The glass cloth tape market has been expanding at a rapid pace due to the increasing applications in the packaging industry. Rise in applications in the manufacturing sector due to its cost-effectiveness as compared to substitutes is also attributing to the market growth. Growth in innovations in the glass cloth tapes to provide more heat resistance and high mechanical strength is creating new avenues for the application of these tapes in heat evolving zones in various manufacturing industries. Brownfield project is an upgrade to the existing manufacturing facility, which might be upgraded for improved production, or due to any significant changes in the manufacturing processes. Due to rapid industrialization in the developing economies, the brownfield projects rose, and thereby increasing the demand for the partial barriers to the heat vents.

Glass Cloth Tape Market: Segmentation

Based on adhesive, the glass cloth tape market can be bifurcated into acrylic adhesives and silicone adhesives. The silicone adhesives segment is expected to account for major share of the market, due to its advantages over acrylic adhesives. Silicone adhesives are capable of maintaining the same adhesion at lower temperatures (0°C) and also above 100°C, while acrylic adhesives fail to provide proper adhesion at temperatures above 100°C.

In terms of application, the glass cloth tape market can be segmented into transformers, electrical coils, heat furnaces, heat resistant packaging, and others. The transformers and electrical coils segments are predicted to constitute key share of the market, owing to the increase in modifications in electricity generation units in developing economies in Asia Pacific.

Based on end-user industry, the glass cloth tape market can be segregated into electrical, semiconductor & electronics, packaging, construction, and others. Among these, the electrical segment is expected to lead the other segment during the forecast period. Rapid changes in electricity production and increase in use of glass cloth paper are driving the electrical segment.

Glass Cloth Tape Market: Regional Outlook

Asia Pacific is estimated to be one of the emerging regions due to the rapid industrialization since the last few years. Growth in the construction industry in the region is also driving the demand for glass cloth tapes. The increasing demand for glass cloth tape is increasing in the developing economies like China, and India due to the increasing upgrades to the existing manufacturing facilities. These projects require some partial barriers for the heat vents, and also a perfect insulators for the electric lines, in order to avoid accidents.

In developed economies such as North America, electrical insulation materials are needed for the modernization of electrical systems to prevent accidents. This is augmenting the need to use glass cloth tapes as electrical insulators. Increase in focus on the generation of renewable energy in developed economies of the region is also creating demand for glass cloth tapes. This is projected to drive the glass cloth tape market in North America in the next few years.

Glass Cloth Tape Market: Key Players

Prominent players operating in the global glass cloth tape market include 3M, Adhesive Specialities, Parafix Tapes & Conversions Ltd., Nitto Denko Corporation, and DuckSung Hitech Co. Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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