Firefighter Tape Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Firefighter Tape Market grew at a CAGR of 3.5% between 2017-2021 and is estimated to be US$ 2,472.3 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.1 % and is expected to reach a valuation of US$ 3,694.9 Mn by 2032 end.
Throughout the projected period, the market is anticipated to grow in response to significant demand for them shortly. These have bold warning wording and a bright background pre-printed on them.
ChemView Consulting has analyzed that Firefighter tapes are barricade tapes utilized to isolate a specific area after or during a fire breakout. These help keep people from the site at high fire risks, such as damaged structures, smoke inhalation, and air-borne particulate matter. Demand for firefighter tapes is set to surge shortly, backed by their ability to provide a certain degree of reflection, such as 60 degrees.
These also have pre-printed warning texts written in bold and with a bright background. The availability of various firefighter tapes per officials’ requirements is another vital factor expected to drive the market.
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Segments Covered in Report
By Material Type :
- Polyvinyl
- Polypropylene
- Low-density polyethylene
- Nylon
- Others
By Thickness:
- Below 100 Microns
- 100-150 Microns
- Above 150 Microns
By Roll Length:
- Below 50 m
- 50-100 m
- Above 100 m
By Reflecting Technology:
- Prismatic
- Glass Bead Reflection
By End-Users Industry:
- Firefighting Industry
- Construction Industry
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Firefighter Tape Market
- Based on the Material Type, At 40.0% of the market, Polyvinyl tapes had the greatest revenue share. Polyvinyl tapes are likely to dominate the worldwide firefighting tape market during the forecast period due to their excellent durability and low cost compared to other types of videos, such as polypropylene or nylon tapes.
- Based on the End-Users Industry, Increasing industrialization and the booming construction industry were expected to drive the demand for the market in upcoming years. The increasing population and economic conditions in the economies have led to greater housing transactions and more disposable income, directly affecting the market.
- Based on Region, the Europe market held a sizeable revenue share of 27.8%. The market is expected to be driven by the Region’s growing commercial building activity and the various smart city initiatives still being developed. Increasing consumer expenditure on construction projects and increasing public awareness of fire safety devices are two more reasons that would spur expansion.
Competition Summary
Key companies covered in the market study are Lares International, 3M Company, Johnson Level & Tool Mfg. Co., Inc., ORAFOL Europe GmbH, and Harris Industries, Inc.
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impacting the market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have been collaborating with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
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