Anti-corrosion Tape Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Polyken, Nitto, Sam Hwan Anti-Corrosion Industrial, Innovative Manufacturing

The Anti-corrosion Tape market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 335.2 million by 2027.

Anti-corrosion Tape Market Overview

Anti-corrosion tape refers to the adhesive tape used for anti-corrosion winding; it is mainly used for prevention of corrosion and protection of pipeline and so on. In global market, the sales of Anti-corrosion Tape increase from 78.2 K MT in 2012 to 88.3 K MT in 2016, at a CAGR of 3.09%. In 2016, the global Anti-corrosion Tape market is led by North America, capturing about 25.1% of global Anti-corrosion Tape consumption. At present, the major manufacturers of Anti-corrosion Tape are Polyken, Nitto, Jining Xunda Pipe Coating Materials, etc. Polyken is the world leader, holding 28.6 % sales market share in 2016. In the future, global market is expected to witness steady growth on account of rising applications, so in the next few years, Anti-corrosion Tape consumption will show a trend of steady growth. In 2023 the consumption of Anti-corrosion Tape is estimated to be 109.4 K MT. On product prices, the rise trend in recent years will maintain in the future due to rise in labor cost and raw materials.

What are the major Applications, Types and Regions for Anti-corrosion Tape Market?

Anti-corrosion Tape Market is segmented based on the type, applications, companies and regions.

By Type, Anti-corrosion Tape Market has been segmented into 

• Petrolatum-Based


• Polymer Based


• Others

By Application, Anti-corrosion Tape Market has been segmented into 

• Oil & Gas Industry


• Chemical Industry


• Water Supply Industry


• Others

Anti-corrosion Tape Market Segments Analysis

• The Polymer-based Anti-corrosion Tape Sales was 57.7 K MT and the Market Share (%) was 65.3%, and it will be 73.2 K PCS and 66.9% in 2023, with a CAGR of 1.92% from 2017 to 2023.


• The Anti-corrosion Tape market is mainly driven by growing demand for the Oil & Gas Industry which accounts for nearly 63.5% of total downstream consumption of Anti-corrosion Tape global.

Who are the Major Players in Anti-corrosion Tape Market?

Top Key Players in the Anti-corrosion Tape Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Anti-corrosion Tape Market is fragmented with a large number of small players operating worldwide. The companies referred to in the market research report include Polyken, Nitto, Sam Hwan Anti-Corrosion Industrial, Innovative Manufacturing, 3M, Scapa, Denso, PSI Products, DEHN SOHNE, Jining Xunda Pipe Coating Materials, Ningbo Ideal Anti-corrosion Material, Shandong Quanmin Plastic, Dasheng Heat Shrinkable Material, Zhongyide, Hs-well and Other.

Industry News:

3M has acquired 81 companies, including 5 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 19 assets. 3M’s largest acquisition to date was in 2019 when it acquired Acelity for $6.7B. It’s largest disclosed sale occurred in 2019, when it sold Kindeva Drug Delivery to Altaris Capital Partners for $650M. 3M has been acquired in 23 different US states, and 17 countries. The Company’s most targeted sectors include manufacturing (25%) and medical products (18%).

Anti-corrosion Tape Market Regional Analysis

The report offers in-depth assessment of the growth and other aspects of the Anti-corrosion Tape Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.

India is estimated to reach US$ 168 Mn in the South Asian corrosion protection tapes market by the end of 2031. Corrosion prevention tapes are mostly used in the chemical industry to prevent rusting of metallic structures. The target market is India's rapidly rising economy. The chemical industry is expanding more quickly. The Indian chemicals sector was valued at US$ 178 billion in 2019 and is predicted to reach US$ 304 billion by 2031, according to the India Brand Equity Foundation (IBEF). By 2031, the demand for chemicals is predicted to grow at a rate of 9% per year.

China is predicted to grow at a CAGR of roughly 4.5% throughout the projection period. According to FMI's analysis, China's corrosion protection tapes market is expected to increase steadily over the next decade. The demand created by end-use industries is primarily driving this continuous market growth. Germany accounts for approximately 14% of the European corrosion protection tapes market. Germany is considered one of Europe's main markets for corrosion prevention tapes. The increasing building and construction industry in Germany is driving demand for corrosion protection films.

Anti-corrosion Tape Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Anti-corrosion Tape Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.

What is our Anti-corrosion Tape Market report scope?

Key Takeaways from this Anti-corrosion Tape Report

• Evaluate Anti-corrosion Tape market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Anti-corrosion Tape market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the growth rate of Anti-corrosion Tape Market?

The Anti-corrosion Tape Market is growing at a CAGR of 4.2% over the next 5 years.

Who are the key players in Anti-corrosion Tape Market?

Polyken, Nitto, Sam Hwan Anti-Corrosion Industrial, Innovative Manufacturing, 3M, Scapa, Denso, PSI Products, DEHN SOHNE, Jining Xunda Pipe Coating Materials, Ningbo Ideal Anti-corrosion Material, Shandong Quanmin Plastic, Dasheng Heat Shrinkable Material, Zhongyide, Hs-well

What are the significant types of Anti-corrosion Tape Market?

Petrolatum-Based, Polymer Based, Others

What are the major end-use applications of Anti-corrosion Tape Market?

Oil & Gas Industry, Chemical Industry, Water Supply Industry, Others

On the basis of application, Which segment is likely to hold the major share in the Anti-corrosion Tape Market?

Polymer Based segment to hold the largest share in Anti-corrosion Tape market

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