Adhesive Tapes play an integral part in the construction and interiors industry, they are used right from inception till the end product. According to grandviewresearch.com, the market size globally for building and construction tapes was approximately USD 4.3 million in 2019 and was expected to grow at a CAGR of 4.5% over the next 11 years. COVID would have definitely put a slight dent in this projection but there is still an extraordinarily strong demand for adhesives in this sector.
The last few years has seen a rapid growth in the construction industry in Asia Pacific along with a rise in the home refurbishment sector. Globally as well as in India, there has also been an increase in government investments in large scale infrastructure projects ranging from railways, metros, highways, sports infrastructure and so on. Demand and supply are also large factors; with a global growing population rate of approximately 81 million people per year there is a huge demand for construction in terms of residential projects, schools, hospitals etc. All these factors in turn increase the demand for adhesive tapes for bonding, building, sealing, protecting etc. in all these projects. Adhesive Tapes are also easy to use and provide an aesthetic as well as durable appeal which has added to its popularity in the industry.
Adhesive Tapes in the construction and interiors industry can be segmented based on product, material, application processes, function, end-user, and distribution channel, and some of their more popular applications may be as follows:
Some of the more popular materials used are masking tapes, foam tapes, acrylic tapes, aluminum tapes, and double-sided tapes. There are reputed companies such as Adhesive Specialities that can provide customized adhesive solutions based on the type, shape, and application requirements of the client as can be clearly seen in their brochure.
The above mentioned tapes are few examples of Adhesive Tapes used in the Construction and Interiors Industry.