New York, NY, July 29, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Seam Tapes Market by Type (Single-Layered and Multi-Layered) and by Backing Material (Polyurethane and Polyvinyl Chloride): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026”. According to the report, the global seam tapes market was approximately USD 205 million in 2018 and is expected to generate around USD 344 million by 2026, at a CAGR of around 6.7% between 2019 and 2026.
Seam tapes are primarily used in waterproof apparels, footwear, sporting goods, etc. Seam tapes are widely used in multilayered adhesive films, which are applied on sewn seams to ensure no water leakage. Seam tapes have diverse applications and are frequently used in the manufacturing of tents, footwear, and military garments. The global seam tapes market is likely to be driven by the increasing demand for sports and outdoor apparels and growing manufacturing of sports equipment. There is also an increase in the demand for the production of protective clothing as per the specific requirements by the military. However, the volatile prices of raw materials may limit the seam tapes market growth globally over the forecast time period. Alternatively, the increasing product demand by the emerging economies and growing preference for branded apparels are anticipated to further propel the seam tapes market development globally in the years ahead.
Browse through 37 Tables & 19 Figures spread over 110 Pages and in-depth TOC on “Global Seam Tapes Market: By Material Type, Size, Industry Share, Trends, Analysis and Forecast, 2018–2026”.
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On the basis of type, the global seam tapes market is divided into single-layered and multi-layered tapes. The multi-layered seam tapes segment dominated the market globally in 2018, both in terms of revenue and volume. Multi-layered seam tapes provide superior water-proofing and act as an extremely good adhesion base. The increasing multi-layered seam tapes demand is expected to further drive the growth of this segment over the forecast timeline.
On the basis of backing material, the seam tapes market is divided into polyurethane and polyvinyl chloride. Polyurethane leads the global market for seam tapes both in terms of revenue and volume. Polyurethane is highly resistant to impact and abrasion along with offering good flexibility. Owing to these unique characteristics, the increase in the demand for polyurethane seam tapes is expected to further increase in the upcoming years. This, in turn, will propel the growth of polyurethane seam tapes segment over the forecast timeframe.
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The Asia Pacific region is estimated to hold the maximum share, in terms of both revenue and volume, of the seam tapes market globally over the projected time period. There are several sports goods manufacturers based in China and India and the increase in demand for sports goods and protective wears across the region is expected to propel the Asia Pacific seam tapes market growth in the future.
In Europe, the seam tapes market has grown immensely over the last few years. This can be attributed to the growing use of polyurethane in the region. After the Asia Pacific, Europe leads the seam tapes market globally. Polyurethane has several advantages like impact resistance, high abrasion resistance, water resistance, and high flexibility. Properties like these will further positively influence the European seam tapes market growth in the years ahead.
Browse the full “Seam Tapes Market by Type (Single-Layered and Multi-Layered) and by Backing Material (Polyurethane and Polyvinyl Chloride): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2026” Report at https://www.zionmarketresearch.com/report/seam-tapes-market
North America will hold a major share in the global seam tapes market over the forecast time period. This can be attributed to the rise in the awareness of fitness and sports activities among the regional population. The U.S. and Canada are expected to the major countries that will contribute notably to the North American seam tapes market growth in the upcoming years.
The Middle Eastern and African region is expected to witness moderate growth in the global seam tapes market over the forthcoming years. This can be credited to the rising demand for industrial workwear across the Middle East.
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Some key players present in the global seam tapes market are Under Armour, Traxx Toray Industries, The North Face, The Dishang, Sealon, Sattler, San Chemicals, Ralph Lauren Corporation, and Mountain Warehouse.
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This report segments the global seam tapes market into:
Global Seam Tapes Market: By Type
- Single-Layered
- Multi-Layered
Global Seam Tapes Market: By Backing Material
- Polyurethane
- Polyvinyl Chloride
Global Seam Tapes Market: By Region
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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