Construction Tape Market Expected to Reach USD 4.19 Billion by 2032 | Growing at a CAGR of 4.60%.

Market Research Future (MRFR) has published a cooked research report on the “Global Construction Tape Market” that contains information from 2018 to 2032. The Construction Tape market is estimated to register a CAGR of 4.60% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Construction Tape market— 3M, Tesa SE, Avery Dennison Corporation, Saint-Gobain, Henkel AG & Co. KGaA, DuPont, and Shurtape Technologies, LLC

Construction Tape Market Highlights

The global construction tape market is accounted to register a CAGR of 4.60% during the forecast period and is estimated to reach USD 4.19 Billion by 2032.

The expanding construction sector is the main factor propelling the growth of the worldwide building & construction tapes market. Rising living standards are a result of better economic conditions in developing nations like India, China, and Brazil. In addition, housing and building projects are growing as urbanization increases. The rise of the building & construction tapes market is further hampered by the fluctuation in petroleum prices, which raises the cost of raw materials.

Segment Analysis

The global construction tape market has been segmented based product, backing material, application, and function.

On the basis of Product, the market is segmented into Double-Sided Tapes, Masking Tapes, Duct Tapes, and Other Tapes. The double-sided tapes was attributed to holding the largest market share in 2022 due to the product's capacity to replace alternatives, such as adhesives, and the increasing significance of aesthetics in the building and construction business.

Based on backing material, the global Construction Tape market has been segmented into Polyvinyl Chloride, Polyethylene Terephthalate, Polypropylene, Polyethylene, and Others. The polyethylene terephthalate was expected to hold the largest market share in 2022. PET backing material is appropriate for demanding construction applications because of its excellent tensile strength and durability.

On the basis of Application, the market is segmented into Flooring, Walls & Ceiling, Windows, Doors, and Others. The walls & ceiling was attributed to holding the largest market share in 2022, due to the utilization of the product for either temporary or permanent mounting, this industry is expanding.

Based on Function, the global Construction Tape market has been segmented into Bonding, Protection, Insulation, Glazing, Sound Proofing, and Cable Management. The bonding was expected to hold the largest market share in 2022, due to their adaptability, bonding tapes can be employed in a variety of building projects, which has accelerated their rate of growth.

Regional Analysis                                                                        

The global Construction Tape market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Construction Tape market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Construction Tape market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Construction Tape market comprises of Middle East, Africa, and Latin America.

The largest market share for Construction Tape was maintained by the North American regional sector. This increase is due to the national governments' initiatives to provide housing options for the expanding population can be credited with the growth. The existence of independent organizations like INFONAVIT, PEMEX, and CONAVI is expected to promote the expansion of the local residential construction industry.

Moreover, the Europe market has been persistently growing over the forecast period, due to the region's expanding population and the presence of top manufacturers, the government has taken great steps to offer housing facilities, which can be credited with the expansion..

Additionally, due to the rising use of foam backing material in double-sided goods, which are widely employed in numerous building applications, Asia Pacific is predicted to experience an increase in demand for the material. PVC backing material has experienced high volume growth due to its qualities, such as heat resistance and dimensional stability, which also contribute to its expanded use in the expanding construction industry in this region.

Furthermore, the rest of the world's Construction Tape market is divided into the Middle East, Africa, and Latin America. This growth is due to the private sector's involvement in the construction of infrastructure for economic growth. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.

Key Findings of the Study                                                                        

• The global Construction Tape market is expected to reach USD 4.19 billion by 2032, at a CAGR of 4.60% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to the rising use of foam backing material in double-sided goods.


• Based on Product, the double-sided tapes segment was attributed to holding the largest market in 2022.


• 3M, Tesa SE, Avery Dennison Corporation, Saint-Gobain, Henkel AG & Co. KGaA, DuPont, and Shurtape Technologies, LLC.