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Masking Tapes Market Dynamics, Growth, Supply and Demand, Strategies, Forecast 2021 - 2028
Masking Tapes Market Dynamics, Growth, Supply and Demand, Strategies, Forecast 2021 - 2028
The increasing use of environmentally friendly masking tapes is expected to drive the global Masking Tapes Market. A growing number of masking tape manufacturers are introducing environmentally friendly masking tape solutions.

Masking tape is a paper tape that is lightly adhesive, easy to tear, and can be applied and removed smoothly without leaving any residue. Masking tape, also known as painter's tape, is a smooth and mini-crepe paper tape. Masking tapes adhere well, are resistant to solvents or water from the paint, and are strong enough to hang plastic sheeting while removing cleanly without damaging the subsurface.

The Asia Pacific region accounted for the largest revenue share of 38% in the global Masking Tapes Market in 2020 and is expected to maintain its dominance throughout the forecast period. The regional market was worth US$ 1,333 million in 2020 and is expected to grow at a 5.60 percent CAGR during the forecast period. The expansion of manufacturing infrastructure, easy availability of raw materials, and rapid urbanisation in emerging economies are driving the Asia Pacific masking tapes market growth. In the region, China and India are major markets for masking tapes. North America and Europe trail Asia Pacific in the masking tapes market.

Read more @ https://cmiaspireblog.blogspot.com/2022/03/masking-tapes-market-size-share-growth.html

Source Link: https://www.globenewswire.com/news-release/2022/02/24/2391493/0/en/Global-Masking-Tapes-Market-to-Reach-US-8-007-0-Million-by-2028-Says-Coherent-Market-Insights-CMI.html#:~:text=The%20global%20masking%20tapes%20market%20is%20expected%20to%20exhibit%20a,surfaces%20and%20for%20heat%20resistance.