Fire Resistant Tapes Market Size is valued at USD 0.78 billion in 2023 and is predicted to reach USD 1.33 billion by the year 2031 at a 7.1% CAGR during the forecast period for 2024-2031.
Fire resistant tape is a type of adhesive tape specifically designed to resist or slow down the spread of flames in case of a fire. The primary purpose of fire resistant tape is to enhance the fire safety of materials or products to which it is applied. This type of tape is commonly used in various industries where fire safety is a crucial concern, such as construction, electrical, automotive, and aerospace. The tape is made with materials that have flame-resistant properties, and it is designed to meet specific fire safety standards and regulations. The fire-retardant properties can be achieved through the use of materials that are inherently resistant to fire or through the application of flame-retardant coatings.
Fire retardant tapes are often used to wrap and insulate electrical wiring to reduce the risk of fire in electrical systems. In industries where cable and wire harnesses are prevalent, fire resistant tape can be used to secure and protect these components. Fire retardant tapes may be used in automotive applications, especially in areas where there is a risk of fire or exposure to high temperatures. Fire retardant tape can be applied to building materials to improve their fire resistance. In the aerospace industry, where stringent safety standards are crucial, fire-resistant tapes may be used for various applications.
Fire resistant tapes market has experienced both positive and negative effects as a result of the Covid-19 epidemic. Initially, the market witnessed disruptions in the supply chain due to lockdowns and restrictions, leading to production slowdowns and delivery delays. However, as industries resumed operations and safety regulations became more stringent, the demand for fire resistant tapes surged, especially in sectors like healthcare, electronics, and automotive. The increased emphasis on safety and hygiene further drove market growth. Additionally, the growing adoption of electric vehicles, which require fire-resistant tapes, also contributed to market expansion. Overall, while the pandemic caused short-term challenges, it ultimately accelerated the market's growth trajectory.
The Fire Resistant Tapes Market can be segmented based on several factors, including coating type, Product type, and end-user industry. As per the coating type, the market is segmented into single and double coats. On the basis of product type, Nomex, Acetate, PPS, Glass Cloth, PVC, Polyimide, and Others products are included. Based On end-use industries, the market includes Building & Construction, Electrical & Electronic, automotive industries, Aerospace & Defense industries, and Others.
According to the end-use industry, the electrical & electronics segment dominated the fire-resistant tapes market in 2023 by value. Fire-resistant tapes provide insulation, protection, and stability for electrical wires and components. They come in different colours, widths, and thicknesses and are widely used in professional and DIY electrical work. The market for these tapes is expected to grow due to factors such as ageing infrastructure, power grid modernization, increased energy demands, growing electric vehicle sales, the development of more efficient electric motors, and the expansion of electric charging stations. The escalating demand for electronics, propelled by population expansion and urbanization, is increasing the need for fire protection measures in electronic devices.
Based on coating type, the single coated type dominates the fire-resistant tapes market. Single-coated fire-resistant tape is distinguished by its distinct qualities and wide range of end applications in different industries. These tapes are made with a flame-retardant material coated on one side, providing crucial fire safety characteristics. High flame resistance, heat insulation, and adherence to strict fire safety regulations are among the major characteristics of single-coated fire-resistant tapes.
The Asia-Pacific Fire Resistant Tapes Market is expected to report the highest market revenue share in the near future. In the automotive industry, there has been an increase in the consumption of fire-resistant tapes in the Asia Pacific market due to the expanding need for lightweight and fuel-efficient automobiles. Additionally, the presence of a wide base of electronics manufacturers in Asia Pacific has led to an increased demand for fire-resistant tapes, as these electronic goods require fire-resistant tapes for improved protection from thermal and electrical damage. The export-oriented nature of its industries contributes to the dynamic growth and development of the fire-resistant tapes market across the Asia Pacific.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 0.78 Bn |
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Revenue Forecast In 2031 |
USD 1.33 Bn |
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Growth Rate CAGR |
CAGR of 7.1% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn, Volume (KT) and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Coating Type, Type and End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
3M (US), Scapa Group Ltd. (UK), Avery Dennison Corporation (US), Nitto Denko Corporation (Japan), Saint Gobain (France), Shurtape Technologies LLC. (US), Tesa SE (Germany), Americover Inc. (US), Boyd Corporation (US), Rogers Corporation (US), Tape-Pak Inc. (US), Nichiban Co. Ltd. (Japan), and other market players. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Fire Resistant Tapes Market Snapshot
Chapter 4. Global Fire Resistant Tapes Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Coating Type Estimates & Trend Analysis
5.1. by Coating Type & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Coating Type:
5.2.1. Nomex
5.2.2. Acetate
5.2.3. PPS
5.2.4. Glass Cloth
5.2.5. PVC
5.2.6. Polyimide
5.2.7. Others
Chapter 6. Market Segmentation 2: by End-User Estimates & Trend Analysis
6.1. by End-User & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Volume (KT)) & Forecasts and Trend Analyses, 2019 to 2031 for the following by End-User:
6.2.1. Building & Construction
6.2.2. Electrical & Electronics
6.2.3. Automotive
6.2.4. Aerospace & Defense
Chapter 7. Fire Resistant Tapes Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Coating Type, 2019-2031
7.1.2. North America Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End-User, 2019-2031
7.1.3. North America Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2019-2031
7.2. Europe
7.2.1. Europe Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Coating Type, 2019-2031
7.2.2. Europe Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End-User, 2019-2031
7.2.3. Europe Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2019-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Coating Type, 2019-2031
7.3.2. Asia Pacific Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and
7.3.3. Asia Pacific Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2019-2031
7.4. Latin America
7.4.1. Latin America Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Coating Type, 2019-2031
7.4.2. Latin America Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End-User, 2019-2031
7.4.3. Latin America Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2019-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by Coating Type, 2019-2031
7.5.2. Middle East & Africa Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by End-User, 2019-2031
7.5.3. Middle East & Africa Fire Resistant Tapes Market Revenue (US$ Million) & Volume (KT) Estimates and Forecasts by country, 2019-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. 3M (US)
8.2.2. Scapa Group Ltd.(UK)
8.2.3. Avery Dennison Corporation (US)
8.2.4. Nitto Denko Corporation (Japan)
8.2.5. Saint Gobain (France)
8.2.6. Shurtape Technologies LLC. (US)
8.2.7. Tesa SE (Germany), Americover Inc. (US)
8.2.8. Boyd Corporation (US)
8.2.9. Rogers Corporation (US)
8.2.10. Tape-Pak Inc. (US)
8.2.11. Nichiban Co. Ltd. (Japan)
8.2.12. Other Prominent Players
By Coating Type -
By Product Type-
By End-Use
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
