Carpet Tapes are used to keep carpets in place and also to bind up raw edges and fragments of the carpet. They help to form a strong bond between the carpet and the floor. Carpet tapes are easy to use, durable, and quite flexible. They can be removed easily from the carpets and floor when needed and have extreme stickiness. Carpet tapes do not deform the carpet when removed. They are marketed in two types, which include single and double sided tape in which double sided have more advantages over single sided in terms of being convenient and long-lasting. Carpet tapes are versatile as they can be used in other applications such as textile surfaces, including existing carpeting or textured surfaces like concrete.
Carpet Tapes Market: Dynamics
Carpet tapes are much faster to use and to apply on the desired surface. They are created with hot-melt adhesives, which allows strong adhesion. These factors can raise the demand for this market. Carpet tapes do no damage the carpet surface or do not leave any residues which can drive the market for carpet tapes. The ability of these tapes to stick to the carpet without coming into attention boosts the market for carpet tapes. These tapes are not resistant to temperature, contamination, and UV exposure, which can hinder the sales of carpet tapes. They can easily absorb moisture, which can lead to its deterioration and the objects attached to these tapes. Carpet tapes are sometimes hectic while installation that can act as a major restraint in the usage of these tapes.
Carpet Tapes Market: Key Developments
Many key players in the market are focusing on product launch and expansion to launch their products in an extensive market and expand their business area. Recent developments in the performance of carpet tapes have created different varieties of carpet tapes such as waterproof tape and tape that can adhere to every type of surface.
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This is helping to raise the market for carpet tapes. For instance,
- On 22 October 2019, Avery Dennison Corporation introduced a core series portfolio that contains a full variety of adhesive technologies that ranges from general purpose rubber to silicone.
- On 12 June 2018, tesa SE, expanded its Suzhou site in China for manufacturing precision adhesive tapes for the electronics and automotive industries with an investment of more than 30 million euros.
- On 30 June 2017, Berry Global, Inc. purchased Adchem Corp., a Riverhead-based developer of high-performance adhesive tape systems.
Countries like Germany, Netherlands, and UK in the European region; Japan and China in the Asia Pacific region and the U.S. in the North America region have an abundance of commercial sectors; and therefore, the market for carpet tapes is expected to rise. The carpet tapes market in developed countries such as the U.S., Italy, and the UK is expected to have positive growth during the forecast period. It attributed to the high demand for carpet tapes incorporate in forming a strong connection between the floor and the carpet. The increasing demand for a durable and easy to use packaging tape drives the carpet tapes market in developing countries such as India, China, etc.
Carpet Tapes Market: Key Players
- Avery Dennison Corporation
- Berry Global Inc.
- tesa SE