Water Blocking Tapes Market by Conductive Type (Conductive, Semi-conductive, Non-conductive), Application (Optical Fiber cable, Submarine cable, Power cable Communication cable) and Region (North America, Europe, APAC, RoW) – Global Forecast to 2027

2022-06-16
Price :
Published : Jun-2022
No. of Pages : 159

“The water blocking tapes market is projected to register a CAGR of 5.5% during the forecast period.”

The water blocking tapes market is estimated to be USD 378 million in 2022 and is projected to reach USD 495 million by 2027, at a CAGR of 5.5% between 2022 and 2027. The increasing demand for water blocking tapes in power and telecommunication projects is one of the most significant factors projected to drive the growth of the water blocking tapes market. However, the negative impact of the COVID-19 pandemic across all the end-users has affected the water blocking tapes market adversely.

“Non-conductive water blocking tapes leads the market.

The water blocking tapes market is segmented into three different types, namely, conductive, semi-conductive, and non-conductive tapes. The market is led by the non-conductive water blocking tapes. These tapes are made of a super-swelling polyester non-woven fabric. They can effectively block water and mist to protect the cable through its outstanding swelling speed and swelling height. The non-conductive water blocking tapes absorb liquid quickly at the point of insulation failure and swell swiftly to prevent further penetration. This minimizes cable damage, keeps it fully encased, and makes it easy to detect and repair. The non-conducting water blocking tapes is extensively utilized in the cable business, particularly in the energy, telecommunications, data transmission, and subsea cable markets. Some of the features and advantages of non-conductive water blocking tapes are seawater blocking capacity, fast swelling, suitability for direct fiber contact, high yield, suitable for rapid processing, low electrical resistance, and excellent cushioning.

“increasing investments in energy sector drives the water blocking tapes market”

Various countries across the globe are focusing on improving their energy self-sufficiency and improving their energy infrastructure. Various developing countries such as India, Indonesia, Brazil, and South Africa are investing in developing a country-wide grid to meet the energy demands, improving the standards of power delivery with better technology, and reduced costs of operations. Most of the power distribution cables are not great in energy efficiency. The newer power cable technologies to mitigate these issues are manufactured to reduce the energy losses during transmission while improving the safety factors of those cables. These newer cables market is expected to grow with the increased investments, which will positively drive the water blocking tapes application in the power cable industry applications.

According to OECD’s report, the energy consumption from the industrial sector is about 39%, transportation is 27%, the residential sector is 19%, the commercial sector is 8%, and the remaining is consumed by agricultural and other sectors.

“regulatory  policies increasingly becomes stringent challenges the growth of water blocking tapes”

The chemical industry in Europe and North America is facing challenges from regulatory authorities, such as the Control of Substances Hazardous to Health (COSHH), the European Union (EU), the Registration, Evaluation, Authorisation, and Restriction of Chemicals (REACH), the Globally Harmonized System (GHS), and the Environmental Protection Agency (EPA). Manufacturers in these regions are required to follow regulations regarding the production as well as usage of water blocking tapes for various applications to reduce the emissions of VOCs. These regulations require manufacturers to change their technologies from solvent-based to water-based, which is a major challenge for them because solvent-based adhesive tapes offer durability and can withstand a high range of temperatures. This makes these tapes suitable for a wide range of applications, unlike water-based adhesive tapes.

“North America to be the second-fastest-growing region in water blocking tapes market in terms of both value and volume”

North America is one of the major markets for water blocking tapes and has been dominating in terms of demand as well as product innovation. The US accounted for the largest share in terms of value and volume, of water blocking tapes market in 2021. Canada and Mexico also contributed significantly to the market. Technological advancements in the manufacturing sector have driven the market in this region.

However, it is highly regulated by the Environment Protection Agency (EPA), which is expected to reduce the demand for the solvent-based technology that emits VOCs during the formulation and coating stages. A majority of the leading water blocking tapes manufacturers, such as 3M Company (US) and Avery Dennison Corporation (US), are located in this region.

This study has been validated through primary interviews conducted with various industry experts globally. These primary sources have been divided into the following three categories:

  • By Company Type– Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%
  • By Designation– C Level- 50%, Director Level- 30%, and Others- 20%
  • By Region– Europe- 50%, Asia Pacific (APAC) – 20%, North America- 15%, Middle East & Africa (MEA)-10%,Latin America-5%,

The report provides a comprehensive analysis of company profiles :

3M (US), Nitto Denko Corporation (Japan), Scapa Group Ltd (UK), Intertape Polymer Group (Canada), Berry Global Inc. (US), Intertape Polymer Group (Canada), and Sika AG (Switzerland).

Research Coverage 

This report covers the global water blocking tapes market and forecasts the market size until 2027. It includes the following market segmentation–by conductive type (Conductive, Semi-conductive, Non-conductive),by application (Optical Fiber cable, Submarine cable, Power cable, Communication cable and others),and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America). Porter’s Five Forces Analysis, along with the drivers, restraints, opportunities, and challenges, have been discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global water blocking tapes market.

Key benefits of buying the report:

The report is expected to help market leaders/new entrants in this market in the following ways:

  • This report segments the global water blocking tapes market comprehensively. It provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
  • The report helps stakeholders understand the pulse of the water blocking tapes market and provides them with information on key market drivers, restraints, challenges, and opportunities.
  • This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, contract, expansion, and acquisition.

Reasons to buy the report:

The report will help leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall water blocking tapes market and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Filed in: Chemicals
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Corrosion Protection Coating Market by Resin Type (Epoxy, Polyurethane, Acrylic, Alkyd, Zinc, Chlorinated Rubber), Technology (Solvent, Water, Powder), End-Use Industry (Marine, Oil & Gas, Petrochemical, Infrastructure) & Region – Global Forecast to 2027

The corrosion protection coatings market is projected to register a CAGR of 4.1%, in terms of value, between 2022 and 2027. The corrosion protection coatings market is projected to grow from USD 10.1 billion in 2022 to USD 12.3 billion by 2027, at a CAGR of 4.1%, between 2022 and 2027. Corrosion protection coatings are used in almost all heavy industries, and different types of corrosion protection coatings cater demand from various industries as per their requirements. The corrosion protection coatings market has been segmented based on end-use industry into marine, oil & gas, petrochemical, infrastructure, power generation, water treatment, and others (defense & space, primary metals & mining operations, cargo containers, pulp & paper mills, and other processes includi......
$4950

Tab Leads and Tab Seal Film Market by Material (Aluminum, Copper, Nickel, Polyamide, End User (Consumer Electronics, Electric Vehicles, Military, Industrial) and Region (North America, Europe, APAC, Rest of World) – Global Forecast to 2027

The market size of tab leads and tab seal film is projected to grow from USD 318 million in 2022 to USD 600 million by 2027, at a CAGR of 13.6% during the forecast period. The tab leads and tab seal film market growth is estimated to be majorly driven by growing economies of Asia Pacific region. “Nickel segment is expected to be the second-largest raw material in the tab leads and tab seal film market, in terms of value in 2022” Nickel is used to manufacture pouch batteries and their parts as nickel enhances the energy density of a battery. Nickel is one of the essential materials in making tab leads. Hence, the growing demand for pouch batteries in this application will drive the demand for nickel in the production of tab leads. “Industrial segment is expected to be the sec......
$4950

EPDM Market by application (Automotive, Building & Construction, Plastic Modification, Tires & Tubes, Wires & Cables and Lubricant Additives), Manufacturing Process, Region (North America, Europe, APAC, MEA, and South America) – Global Forecast to 2027

“Steady recovery of global automotive sector to drive the EPDM market  ”         The global Polymethyl Methacrylate (EPDM) market is projected to grow from USD 3.6 Billion in 2022 to USD 4.8 Billion by 2027, at a CAGR of 5.9% during the forecast period The recovery of automotive sector in the APAC region is driving the EPDM market during the forecast period. Moreover, the development of eco-friendly technologies for production of EPDM and growing demand for electric & hybrid vehicles are new opportunities in EPDM market. “Automotive is projected to be the fastest-growing segment by application in EPDM market” Based on application, automotive is estimated to be the fastest-growing segment of EPDM during the forecast period. . China, India, Japan, and other Sout......
$4950

Energy Recovery Ventilator Core Market by Material Type (Engineered Resin, Fibrous Paper), Shape (Square, Diamond, Hexagon, Wheel), Flow Type (Counter-flow and Crossflow) and Region – Global Forecast to 2027

“The energy recovery ventilator core market is projected to grow at a CAGR of 7.5% from 2022 to 2027, in terms of value.” The energy recovery ventilator core market is projected to grow from USD 947 million in 2022 to USD 1,360 million by 2027, at a CAGR of 7.5% from 2022 to 2027.The global market for energy recovery ventilator core are driven by factors such as rise in residential and commercial construction projects in many developing countries, regulations and energy efficient standards by different government organizations, necessity to improve indoor air quality in air-tight buildings and changing climate conditions. “By material type, the engineered resin segment is estimated to be the fastest-growing segment of energy recovery ventilator core market during 2022 to 2027......
$4950

Piperidine Market by Type (99% Purity and 98% Purity), End Use Industry (Pharmaceutical, Agrochemicals, Rubber, and Others), Region (Asia Pacific, Europe, North America, Middle East & Africa and South America) – Global Forecast to 2027

The market size for global piperidine market is projected to grow from USD 64 million in 2022 to USD 86 million by 2027, at a CAGR of 5.9% from 2022 to 2027.The growth of the piperidine market is attributed to their high demand as solvents, base and catalyst in pharmaceutical, agrochemical and others industries. “99% purity segment to be the largest type of piperidine” Piperidine with 99% purity and above is the purest form of piperidine available. The pharmaceutical end-use industry is boosting the demand for piperidine with 99% purity. Some piperidine derivatives, namely, N-Methyl, N-Benzyl piperidone derivatives, are extremely useful and versatile API intermediates in organic synthesis. “Agrochemicals to be the second-largest segment during the forecast period.” Agro......
$4950

Automotive Silicone Market by Type (Elastomers, Gels, Resins, Fluids), Application (Interior & Exterior, Engines, Electrical, Tires), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) – Global Forecasts to 2027

The global automotive silicone market is projected to register a CAGR of 7.1% between 2022 and 2027, in terms of value. The global automotive silicone market size is projected to grow from USD 2.2 billion in 2022 to USD 3.1 billion by 2027, at a CAGR of 7.1% between 2022 and 2027. Rising demand from emerging markets and growth of transportation industry globally are expected to offer significant growth opportunities to manufacturers of automotive silicone. “Electrical segment accounted for the second largest share in the automotive silicone market in terms of value.” The electrical segment had a share of 27.7% in the overall automotive silicone market, in terms of value, in 2021. Silicones are used in ignition cables, also known as “spark plug wires” which are a part of th......
$4950

Pyridine & Pyridine Derivatives Market by Type (Epoxy, Acrylic, Silicone), End-Use Industry (Oil & Gas, and Petrochemical; Marine; Energy & Power) & Region (North America, Europe, APAC, MEA, South America) – Global Forecast to 2027

“The pyridine & pyridine derivatives market is projected to register a CAGR of 6.1%, in terms of value, between 2022 and 2027” The Pyridine & pyridine derivatives market is expected to grow from USD 701 million in 2022 to USD 940 million by 2027, at a CAGR of 6.1%, between 2022 and 2027. The Pyridine & pyridine derivatives market depends heavily on the performance of Agrochemicals, pharmaceuticals, latex, food, electronics, and other industries. “Pyridine accounted for the maximum share of pyridine and pyridine derivatives market” The pyridine segment has been estimated to drive the market over the forecast period. Pyridine can be manufactured through two methods, the natural method and through the fusion of chemicals. It is largely used in the pharmaceutical a......
$4950

Agricultural Adjuvants Market by Function (Activator Adjuvants & Utility Adjuvants), Application (Insecticides, Fungicides, Herbicides), Adoption Stage (Tank-mix & In-formulation), Formulation, Crop Type and Region – Global Forecast to 2027

“The agricultural adjuvants market is projected to grow at a CAGR of 5.2% during the forecast period.” According to MarketsandMarkets, the agricultural adjuvants market size is estimated to be valued at USD 3.7 Billion in 2022 and is projected to reach USD 4.7 Billion by 2027, recording a CAGR of 5.2% during the forecast period in terms of value. Agricultural adjuvants are additives added to agricultural chemical products to alter their physicochemical properties and improve their efficacy. Depending on their functional properties, agricultural adjuvants fall into two main categories—activator and utility adjuvants. Surfactants are the most widely used activator adjuvants that are formulated for crop protection solutions. They can either be ionic, nonionic, or amphoteric. The a......
$4950

Textile Dyes Market by Dye Type (Direct, Reactive, VAT, Basic, Acid, Disperse), Type (Cellulose, Protein, Synthetic), Fiber Type (Wool, Nylon, Cotton, Viscose, Polyester, Acrylic) and Region (APAC, North America, Europe) – Global Forecast to 2027

The global textile dyes market size was USD 11.1 billion in 2022 and is projected to reach USD 14.0 billion by 2027, at a CAGR of 4.6%, between 2022 and 2027. The driving factors for this market are increased demand in garment industry, Increasing demand for dyes for cellulose fiber, etc. “Reactive dye segment is estimated to grow at the highest CAGR during the forecast period.” Reactive dyes are the most technically advanced segment in dyeing industry. Reactive dyes have had consistent growth. These dyes reduce the water consumption and hence are better for the environment. Common fabrics for this type of dye include rayon, cotton, and some nylons. The major drivers for the segment are better environmental performance, low cost, and improved technical properties such as good was......
$4950

Bonding Sheet Market by Adhesive Material (Polyesters, Polyimides, Acrylics, Modified Epoxies), Application (Electronics/Optoelectronics, Telecommunication/5G Communication, Automotive, Building & Construction and Region – Global Forecast to 2027

The global bonding sheet market is projected to register a CAGR of 7.4% between 2022 and 2027, in terms of value. The global bonding sheet market size is projected to grow from USD 386 million in 2022 to USD 551 million by 2027, at a CAGR of 7.4% between 2022 and 2027. Increasing demand for electric vehicles, government incentive and schemes, and miniaturization of electronic components are key factors for the growth of bonding sheet market. Additionally, development of telecommunication industry is expected to offer significant growth opportunities to the bonding sheet manufacturers. However, high capital investment and geopolitical uncertainties is expected to restrict the growth of the market. The major challenge faced by players is stringent environmental regulation and impact of mo......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy