The global seam sealing tapes market is expected to rise at a considerable rate during the forecast period. In 2021, the market is growing steadily and is expected to rise above the projected horizon because of the strategy adopted by key players.
Demand for high-quality, waterproof gear has been rising as outdoor activities grow more well-liked, as has the need for waterproof clothes. The need for seam sealing tapes has increased since they are a necessary component in the creation of waterproof apparel and outdoor equipment.
Development of the textile and apparel sector: The textile and apparel sector are booming, especially in developing nations like China and India. The need for seam sealing tapes has increased as a result of this expansion in the production of outdoor gear and waterproof garments.
The technology used to create seam sealing tapes has seen major developments, which has resulted in the creation of goods that are more effective and efficient. As a result, there is now a higher need for seam sealing tapes, especially those with improved waterproofing qualities. The textile and apparel sector are putting more emphasis on sustainability as a result of rising environmental awareness. As a result, there has been an increase in demand for environmentally friendly and sustainable seam sealing tapes. Customers now have easier access to and purchasing options for seam sealing tapes because to the expansion of e-commerce platforms. This has increased consumer demand for the good and given manufacturers of seam sealing tape access to new markets.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 202 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD MILLION), (THOUSAND UNITS) |
| Segmentation | By type, by backing material, by region |
| By Type
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| By Backing Material
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| By Region
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As outdoor pursuits like hiking, camping, and skiing gain popularity, so does the need for high-quality, waterproof equipment. Manufacturers of seam sealing tape now have the chance to create more cutting-edge, functional goods that can satisfy the demands of camping lovers.
However, Seam sealing membranes and liquid seam sealers are a couple of alternatives to seam sealing tapes. By offering clients different options for waterproofing clothing and outdoor gear, these alternatives may restrain the market growth for seam sealing tape.
Additionally, Raw materials like polyurethane, which are used to make seam sealing tapes, can fluctuate in price. Manufacturers may incur greater production expenses as a result, which could ultimately translate into higher pricing for consumers. The market for seam sealing tape is governed by laws and compliance standards in many places, which could raise the price and complicate the process of producing and distributing the good.
The pandemic affected the manufacture and distribution of seam sealing tapes by disrupting the global supply chain. Raw materials and completed goods deliveries were delayed because of the disruptions to manufacturing facilities and transportation networks. Masks, gowns, and gloves saw a spike in demand because of the epidemic. Due to the growing demand, more seam sealing tapes were required to make these products. Due to travel bans and lockdowns, there was a drop in demand for outdoor gear, including hiking and camping gear, which influenced the demand for seam sealing tapes used in the manufacture of these products. Consumer behavior has changed because of the pandemic, with more people choosing to shop online as opposed to visiting physical establishments. The distribution channels for seam sealing tapes have been impacted by this. The pandemic has brought attention to the need for more inventive and potent ways to defend against viruses and germs. Manufacturers of seam sealing tape now have the chance to create brand-new goods that can be utilized to create protective equipment for patients and the public.
The seam sealing tapes market is expected to grow at 7.3 % CAGR from 2022 to 2029. It is expected to reach above USD 341.65 Million by 2029 from USD 196.8 Million in 2020.
The market for seam sealing tapes in the Asia-Pacific region was estimated to be worth USD 187.6 million in 2020 and is anticipated to expand to USD 273.1 million by 2028, at a CAGR of 4.8% from 2021 to 2028. In the textile, footwear, and outdoor gear sectors, seam sealing tapes are frequently used for waterproofing and other practical uses. The market in the Asia-Pacific region is anticipated to expand because of the expansion of these industries in the region and rising demand for high-performance seam sealing tapes.
Demand for high-quality, waterproof gear has been rising as outdoor activities grow more well-liked, as has the need for waterproof clothes. The need for seam sealing tapes has increased since they are a necessary component in the creation of waterproof apparel and outdoor equipment.
The seam sealing tapes markets market key players include Bemis Associates, Toray Industries, Himel Corp., Sealon, Loxy AS, Gerlinger Industries, DingZing, Adhesive Films, San Chemicals, and Essentra.
The textile industry, where they are used for waterproofing and seam sealing of many sorts of materials, including outdoor clothes, sportswear, and protective gear, is where seam sealing tapes are most utilised. To stop water from leaking through seams and into the interior of clothes or equipment, seam sealing tapes are placed to the seams of garments and materials. In damp situations, this aids in keeping the wearer dry and comfortable.
Asia-Pacific is the area with the largest seam sealing tapes market. Some of the largest producers of textiles and clothing in the world, including China, India, Bangladesh, and Vietnam, are found in the Asia-Pacific area. These nations have sizable textile production facilities that generate a variety of goods, including apparel, footwear, and accessories. These industries have a significant need for seam sealing tapes, which is fuelling regional market expansion.
The seam sealing tapes market is segmented by type, application, and region. By type the market is bifurcated into single-layered and multi-layered. Throughout the anticipated period, the market for seam sealing tapes will have significant growth in the multi-layered category. The many benefits of multi-layered seam sealing tapes, including their better waterproofing, great adhesion, and broad range of applications, have helped drive the multi-layered segment's rapid expansion in the market for seam sealing tapes. Clothing, tents, tarpaulins, shoes, and backpacks are just a few of its many uses. Because single-layered seam sealing tapes are only occasionally used, the single-layered segment is anticipated to increase more slowly throughout the forecast period.
In terms of backing material the market is divided into polyurethane and polyvinyl chloride. Through 2023, the polyurethane segment is anticipated to rule the market for seam sealing tapes. In terms of volume and value, the polyurethane segment is anticipated to hold the biggest market share for seam sealing tapes from 2018 to 2023. Because to its excellent abrasion, impact resistance, water resistance, and high flexibility, it has a dominant position in the market. Due to its unique qualities, polyurethane is increasingly being used in adhesives and membranes for two- and three-layered seam sealing tapes. Due to its numerous characteristics, including flexibility, transparency, light, and oxygen and water barrier capabilities, polyvinyl chloride is anticipated to be the second-largest segment, in terms of value and volume, from 2018 to 2023.
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The seam sealing tapes market key players include Bemis Associates, Toray Industries, Himel Corp., Sealon, Loxy AS, Gerlinger Industries, DingZing, Adhesive Films, San Chemicals, and Essentra.
February 16, 2023; Toray Industries, Inc., announced that it has developed a rapid integrated molding technology for carbon fiber reinforced plastic (CFRP) mobility components. This material sandwiches a light, porous carbon fiber-reinforced foam (CFRF) core with a thermosetting prepreg skin offering outstanding mechanical properties. Toray obtained some findings for this advance under the new energy and industrial technology development organization’s research and development of innovative structural materials project.
February 21, 2023; Toray Industries, Inc., announced that it will set up a new research facility at its Nagoya Plant in Aichi Prefecture to accelerate R&D for a green transformation and advanced mobility. The facility will leverage the concept of fusing green and nano-based technologies to develop materials by integrating diverse elemental technologies from within and outside the Toray Group. It will also incorporate chemical engineering perspectives from the research stage and reinforce the company’s ability to propose digital solutions in creating a framework to bring together materials development, process design, and customer proposals in a drive to cut greenhouse gas emissions across the economy.
The seam sealing tapes market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
Asia-Pacific is the area with the largest seam sealing tapes market. Some of the largest producers of textiles and clothing in the world, including China, India, Bangladesh, and Vietnam, are found in the Asia-Pacific area. These nations have sizable textile production facilities that generate a variety of goods, including apparel, footwear, and accessories. These industries have a significant need for seam sealing tapes, which is fueling regional market expansion. The Asia Pacific region experiences a wide range of weather, from stiflingly hot and muggy to chilly and damp. As a result, there is a demand for clothes and footwear that can survive severe weather, and seam sealing tapes are crucial in making sure that these items are waterproof and weather resistant. Activities like skiing, hiking, and camping are becoming increasingly popular in the Asia Pacific region. These activities require specialized clothes and footwear that can protect the wearer from the weather, which boosts the demand for seam sealing tapes in the region. The Asia-Pacific area is home to a sizable and expanding population, as well as rising disposable income. Due to the increased need for high-quality, long-lasting, and practical apparel and footwear, the market for seam sealing tape in the area is expanding.
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