Water Blocking Taps Market
Water Blocking Taps Market Size, Share & Trends Analysis Report by Application (Submarine Cable, Power Cable, Optical Fiber Cable, Communication Cable, Others), by Conductive (Non-Conductive, Semi Conductive, Conductive) Forecast Period (2024-2031)
Water blocking taps market is anticipated to grow at a considerable CAGR of 5.4% during the forecast period (2024-2031).The water blocking tapes market is a niche sector of the construction industry that deals with materials used to prevent water leaks. These tapes are typically applied around pipes, joints, and other potential leak points to create a watertight seal.
Market Dynamics
Growing construction industry
The global construction industry is expected to experience steady growth in the coming years, fueled by urbanization, infrastructure development, and renovation projects. This growth will translate into a higher demand for water blocking tapes for various construction applications.For instance, in April 2024 China’s infrastructure authority announced the construction of new energy storage projects to build a new power system amid its green energy transition. By the end of Q1 2024, the cumulative installed capacity of new energy storage projects reached 35.3 million kW/77.68 million KWH, an increase of over 12% compared to Q1 2023. New energy storage technologies like lithium-ion batteries, liquid flow batteries, compressed air, and mechanical energy are being used for fast response, flexible configuration, and short construction periods. Such developments are anticipated to create demand for water blocking taps market.
Technological advancements
Manufacturers are constantly developing new and improved water blocking tapes with enhanced features like better adhesion, higher durability, and resistance to extreme temperatures. These advancements are making water blocking tapes a more attractive option for professionals and DIY enthusiasts. For instance, in April 2024, Flex Seal announces their latest addition to the Flex Seal Family of Products: Flex Super Wide Duct Tape. This premium duct tape is water-resistant** and has a tough, reinforced backing that can be torn by hand.
Market Segmentation
Our depth analysis of the global water blocking tapes market includes the following segments by application and conductive:
- Based on application, the market is sub-segmented into submarine cable,power cable, optical fiber cable, communication cable, others
- Based on conductive, the market is sub-segmented into non-conductive semi conductive, conductive.
Submarine Cableis Projected to Emerge as the Largest Segment
Based on the application, the global water blocking tapes market is sub-segmented into submarine cable, power cable, optical fiber cable, communication cable, others. Among these, submarine cable is expected to hold the largest share of the market. The primary factor supporting the segment's growth includes critical nature of watertight protection in underwater environments. Submarine cables are vital for data transmission, oil & gas exploration, and offshore wind farms. Water blocking tapes play an essential role in preventing water ingress and maintaining the electrical integrity of these expensive and sensitive cables.
Regional Outlook
The global water blocking tapes market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France), Asia-Pacific (India, China, Japan and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Saudi Arabia).
Global Water Blocking Tape Market Growth by Region 2024-2031
Asia-Pacific to Exhibit the Highest CAGR
Asia-Pacific is anticipated to exhibit the highest CAGR duing the foecast peiod. The rapidly growing construction industry in emerging economies is a key facto driving the gowth of the regional maket. China's extensive infrastructure development projects require significant use of water blocking tapes in power grids, communication networks, and other crucial infrastructure. Additionally, the presence of several water blocking tape manufacturers is further adding to the regional market gowth.
Market Players Outlook
The major companies serving the global water blocking tape market include Berry Global Group, Inc. (US), Intertape Polymer Group, Scapa Group Ltd,Nichiban Co., Ltd. (Japan), Fori Group, Navank Consultants and among Others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global water blocking tapemarket. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Berry Global Group, Inc. (US)
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Intertape Polymer Group
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Scapa Group Ltd.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Water Blocking Tapes Market by Application
4.1.1. Submarine Cable
4.1.2. Power Cable
4.1.3. Optical Fiber Cable
4.1.4. Communication Cable
4.1.5. Others
4.2. Water Blocking Tapes Market by Conductive
4.2.1. Non-Conductive
4.2.2. Semi Conductive
4.2.3. Conductive
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.4. Rest of the World
5.4.1. Latin America
5.4.2. The Middle East & Africa
6. Company Profiles
6.1. Chase Corporation
6.2. Chhaperia International Company
6.3. Ekstel
6.4. Scapa
6.5. Fori Group
6.6. Gurfil
6.7. Hanyu Cable Materials
6.8. Lifeline Technologies
6.9. Advance Tapes International
6.10. Berry Global Group, Inc.
6.11. Star Materials
6.12. Nichiban Co., Ltd.
6.13. Fori Group
6.14. Navank Consultants
6.15. Nantong Siber Communication Co.,Ltd.
6.16. Unitape ltd
1. GLOBAL WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
2. GLOBAL WATER BLOCKING TAPES FOR SUBMARINE CABLE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL WATER BLOCKING TAPES FOR POWER CABLE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL WATER BLOCKING TAPES OPTICAL FIBER CABLE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL WATER BLOCKING TAPES FOR COMMUNICATION CABLE Market RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
6. GLOBAL WATER BLOCKING TAPES FOR OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
7. WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY CONDUCTIVE, 2023-2031 ($ MILLION)
8. GLOBAL WATER BLOCKING NON-CONDUCTIVE TAPES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
9. GLOBAL WATER BLOCKING TAPES SEMI CONDUCTIVE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
10. GLOBAL CONDUCTIVE WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. GLOBAL WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. NORTH AMERICAN WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
13. NORTH AMERICAN WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
14. NORTH AMERICAN WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY CONDUCTIVE, 2023-2031 ($ MILLION)
15. EUROPEAN WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
16. EUROPEAN WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
17. EUROPEAN WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY CONDUCTIVE, 2023-2031 ($ MILLION)
18. ASIA-PACIFIC WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
19. ASIA-PACIFIC WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
20. ASIA-PACIFIC WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY CONDUCTIVE, 2023-2031 ($ MILLION)
21. REST OF THE WORLD WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
22. REST OF THE WORLD WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
23. REST OF THE WORLD WATER BLOCKING TAPES MARKET RESEARCH AND ANALYSIS BY CONDUCTIVE, 2023-2031 ($ MILLION)
1. GLOBAL WATER BLOCKING TAPES MARKET SHARE BY APPLICATION, 2023 VS 2031 (%)
2. GLOBAL WATER BLOCKING TAPES FOR SUBMARINE CABLE MARKETSHARE BY REGION, 2023 VS 2031 (%)
3. GLOBAL WATER BLOCKING TAPES FOR POWER CABLE MARKETSHARE BY REGION, 2023 VS 2031 (%)
4. GLOBAL WATER BLOCKING TAPES FOR OPTICAL FIBER CABLE MARKET SHARE BY REGION, 2023 VS 2031 (%)
5. GLOBAL WATER BLOCKING TAPES FOR COMMUNICATION CABLE MARKETSHARE BY REGION, 2023 VS 2031 (%)
6. GLOBAL WATER BLOCKING TAPES FOR OTHERS MARKETSHARE BY REGION, 2023 VS 2031 (%)
7. GLOBAL WATER BLOCKING TAPES MARKETSHAREBY CONDUCTIVE, 2023 VS 2031 (%)
8. GLOBAL WATER BLOCKING NON-CONDUCTIVE TAPES MARKETSHARE BY REGION, 2023 VS 2031 (%)
9. GLOBAL WATER BLOCKING SEMI-CONDUCTIVE TAPES MARKETSHARE BY REGION, 2023 VS 2031 (%)
10. GLOBAL CONDUCTIVE WATER BLOCKING TAPES MARKETSHARE BY REGION, 2023 VS 2031 (%)
11. US WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
12. CANADA WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
13. UK WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
14. MEXICO WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
15. FRANCE WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
16. GERMANY WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
17. ITALY WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
18. SPAIN WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
19. REST OF EUROPE WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
20. INDIA WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
21. CHINA WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
22. JAPAN WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
23. REST OF ASIA-PACIFIC WATER BLOCKING TAPES MARKET SIZE, 2023-2031 ($ MILLION)
24. MIDDLES EAST & AFRICA WATER BLOCKING TAPS MARKET SIZE, 2023 - 2030 ($ MILLION)
25. LATIN AMERICA WATER BLOCKING TAPS MARKET SIZE, 2023 - 2030 ($ MILLION)
