Global Water Blocking Tapes Market Report By Conductive Type (Conductive, Semi-Conductive, Non-Conductive), By Application (Optical Fiber Cable, Submarine Cable, Power Cable, Communication Cable, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Water Blocking Tapes Market is presumed to reach the market size of nearly USD 816.9 MN by 2030 from USD 450.63 MN in 2022 with a CAGR of 7.72% under the study period of 2023- 2030. Regarding volume, the market was calculated XX Million Square Meter in 2022 and forecast to touch XX Million Square Meter by 2030 with a CAGR of XX% during 2023- 2030.

Water blocking tapes prevent the progression of water deep into many types of critical cable designs. Water blocking tapes absorb liquid fast at the site of insulation failure and swell quickly to stop further entrance. This ensures any cable damage is minimized, fully contained and easy to locate and repair. 

Market Dynamics

The high demand from the growing construction industry is scaling up the demand for water blocking tapes market. The rising demand for water blocking tapes in power and telecommunication projects is one of the key factors expected to fuel the water blocking tapes market growth. Moreover, increasing investments in the energy sector drive the water blocking tapes market. The water blocking tapes market is also driven by the unique properties of this tape, such as high swelling speed and excellent swelling height, as a result of which it can quickly block water and moisture between the elements and efficiently preserve the cable. Furthermore, the production of tapes as per specific applications is projected to create lucrative opportunities for market players. Additionally, the increasing application of water blocking tape in various industries is projected to propel the market during the forecast period. However, raw material prices are expected to hamper the market in the coming years.

The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of water blocking tapes. The growth and trends of Water Blocking Tapes Industry provide a holistic approach to this study. 

Market Segmentation

This section of the water blocking tapes market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Conductive Type

• Conductive
• Semi-Conductive
• Non-Conductive

By Application

• Optical Fiber Cable
• Submarine Cable
• Power Cable
• Communication Cable
• Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Water Blocking Tapes market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Water Blocking Tapes Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Water Blocking Tapes market include 3M (US), Nitto Denko Corporation (Japan), Tesa SE (Germany), Scapa Group Ltd (UK), Intertape Polymer Group (Canada), Beery Global Inc. (US), Nichiban Co., Ltd. (Japan), and Sika AG (Switzerland). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.