Product Report

By 2027, the market for water blocking tapes will be valued $495 million, growing at a 5.5% CAGR.

Published: March 17, 2023
Author: DIGITAL MEDIA EXECUTIVE
According to a market research report, the “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″, size is projected to grow from USD 378 million in 2022 to USD 495 million by 2027, at a CAGR of 5.5% during the forecast period. The increasing use of water blocking tapes in construction projects is one of the most significant factors projected to drive the growth of the water blocking tapes market.

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  • 117 Market data Tables
  • 40 Figures
  • 159 Pages and in-depth TOC on “Water Blocking Tapes Market – Global Forecast to 2027″
This report also provides a comprehensive analysis of the companies listed below:3M (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Scapa Group Ltd (UK), Intertape Polymer Group (Canada), Beery Global Inc. (US), Nichiban Co., Ltd. (Japan), and Sika AG (Switzerland) are some of the major players in the market.

Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the Water Blocking Tapes Market.

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Scapa Group Plc is a global leader in the healthcare and industrial markets for bonding materials and adhesive components. Scapa Group Plc has manufacturing facilities throughout Europe, North America, Asia, and the UK. Their global service and supply chain skills put them in a great position to work with international customers. Scapa Group Plc is a leading manufacturer and supplier of water blocking tapes for use in both power and communication cables. The products are being manufactured in their Renfrew, Ontario, Canada manufacturing facility. The Group has manufacturing plants around the world and sells mainly in countries within Europe, North America and Asia. Its key competitors include Bostik S.A. (France), Henkel AG & Co. KGaA (Germany), and Sika AG (Switzerland).

Chase Corporation is a global specialty chemicals company and a leading manufacturer of protective materials for high reliability applications across various markets. The company is based in Westwood, Massachusetts, US and has manufacturing facilities in the US, Asia, and Europe. It has a wide range of products in its portfolio that includes adhesives, sealants and additives, corrosion protection and waterproofing products and different types of industrial tapes. Chase Corporation caters to a diverse array of markets, which includes aerospace, automotive, bridge and highway, energy, oil & gas, military, utilities, waterproofing, and white goods.

Hanyu Cable Materials is a manufacturer of cable tapes for use in the cable industry. Since its inception, the company has been focused on production, development, and marketing of nonwoven for industrial applications in the cable industry. The company has its specialty in water blocking tape, semiconductive shielding tapes, flame retardant tapes and specialty composite cable tapes. Hanyu tapes are compatible with insulation, shielding, binding, water blocking, flame retardant products.

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