The term Anti-corrosion
refers to the protection and safeguarding of metal surfaces from corroding in high-risk (corrosive) environments. There are various methods to protect such surfaces from the corrosion like paints, coating or tapes. Anti-corrosive tapes are the PE tapes with anticorrosive materials which are wrapped around various metal parts exposed to the risk of corrosion over the period of time. Increasing demand from the various industrial applications is expected to drive the demand for the anti-corrosive tapes, however availability and adoption of other anticorrosive products is expected to restrain the growth of anticorrosion tapes during the period of study.
This report identifies the global anti-corrosion tape market
size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to anti-corrosion tape market.
Geographically, Asia-Pacific dominated the anti-corrosion tape market mainly due to large demand and consumption of anti-corrosion tapes for various applications into industrial applications in the region. Asia-Pacific was followed by North America and Europe as the second and third largest consumer of anti-corrosion tape. Asia Pacific is projected to have the fastest growth in the anti-corrosion tape market during the period of study, owing to rapidly expanding industrial base and growing demand for anti-corrosion tapes in the major regional economies such as India and China in the region.