Glazing Tapes Market: Introduction
Different adhesives had been used for connecting and bonding objects together since ancient time. Today, these functions are carried out without any hassle and obstacles using the adhesives like tapes and other products. Glazing means the act of installing glass into a window or door. Glazing tape is an adhesive tape supplied with an adhesive which is pressure sensitive, specially manufactured with high bonding strength for low-surface energy substrates (vinyl, aluminium and glass). Glazing tape is a perfect solution for the replacement of mechanical fasteners where the bonding is required with a high amount of strength. These tapes can hold out extraordinarily against extreme temperature and other weathering properties. Because of the strong adhesion and viscoelasticity, glazing tapes can be used to bond many dissimilar materials (such as glass & aluminium). Hence the product is used for outdoor use as well as for indoor applications even in adverse condition because of its good strength. The growing demand from end use industries especially the furniture industry for supreme quality is expected to fuel the growth of the glazing tapes market.
Glazing Tapes Market: Dynamics
Global glazing tapes market is expected to grow and gain attraction during the forecast period owing to features such as high strength, acrylic adhesive system and good flexibility. Moreover, the supreme quality of being an eco-friendly product, having quality of shock absorption and good anti-aging properties are accelerating the growth of global glazing tapes market over the forecast period. Apart from these some other qualities such as, excellent resistance to external factors like moistures, good anti-vibration properties, and long-term holding power are driving the growth rate of glazing tapes in packaging industry in near future.
The glazing tapes are associated with high cost which might act like a restraint for the growth of it in the market. Furthermore poor adhesion to polyolefin is another hindrance in the growth of the glazing tapes market.
The tapes are available with customization option which allows the manufacturers to print their names on it. This ongoing trend is auguring well for the glazing tapes in market. . Furthermore glazing tape preferable over other products like latex glazing compounds made with silicon, glazing putty products. These factors are likely to create opportunities for glazing tapes market.
For instance: Foamtapes net acrylic glazing tape is the perfectly applicable for standard window and door and other glazing applications.
Glazing Tapes Market: Covid-19 Impact
COVID-19 is an incomparable global public health emergency that has affected almost every industry. Considering the changes in consumer behaviour and demand, purchasing rate and pattern, different government interventions have helped in re-routing of the supply chain of the glazing tapes in the market which has impacted the global glazing tapes market’s growth negatively.
Glazing Tapes Market: Segmentation
Global glazing tapes market can be segmented by product type, material and end-use.
By product type the global glazing tapes market is segmented as follows;
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By material the global glazing tapes market is segmented as follows;
- Polyether Urethane
- PVC (Polyvinyl chloride)
By end- use the global glazing tapes market is segmented as follow;
- Automotive industry
- Building & Construction
- General Industrial
Glazing Tapes Market: Regional Outlook
North America is leading the global glazing tapes market due to high industrialization of healthcare and automotive sectors. Europe is expected to be in the second position because of the awareness growth among customers about more reliable products with better quality. Asia Pacific is expected to show a significant growth rate in the glazing tapes market owing to the growing industrialization in automotive, and healthcare activities in the region primarily in the countries like China and India over the forecast period. Automotive manufacturers in Latin America (especially in Mexico and Brazil) shifting their focuses towards open manufacturing facilities in. Middle East and Africa is estimated to register a steady growth rate over the forecast period because of its growing building and construction activities in GCC countries.
Glazing Tapes Market: Key Players
- 3M Company
- Saint Gobin
- Tremco Incorporated
- Tom Brown Inc
- Seal King Ind Co., Ltd
- Sika AG
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
- Latin America
- The Middle East and Africa
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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.
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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?
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10. What will be the barrier to entry for new players in the market?
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