Corrosion protection tapes are surface protection tapes that are specially infused with anti-corrosive compounds and are wrapped around the metal. These are widely used in a variety of end-user industries. Rust protection is a major issue for metal components; thus, corrosion protection tapes have emerged as an ideal option for halting the process of galvanic corrosion, which occurs when multiple metals with different electrode potentials come into contact with each other for an extended period of time. These tapes are suitable for a variety of metals, including bronze, brass, copper, and iron. Furthermore, corrosion prevention tapes have the competitive advantage of withstanding cold and hot temperatures for an extended period of time.
The 3M Scotchrap 50 All-Weather Corrosion Protection Tape is used to prevent corrosion in metal piping systems. The tape is suitable for use on metal piping systems both above and below ground, as well as fittings and joints on all mill-coated pipe and electrical conduit systems.
Global Corrosion Protection Tapes Market: Growth Factors
Growing demand from end-user industries such as power generation, infrastructure, petrochemical, oil & gas, marine, and wastewater treatment will drive the worldwide corrosion protection tapes market. Corrosion has been identified as one of the major issues, resulting in significant monetary loss as well as a serious threat to the property and life of the people. For example, the Society of Civil Engineers anticipated in 2011 that corrosion would cost the US more than $500 billion each year. It is estimated that corrosion-resistant materials such as corrosion protection tapes will prevent more than one-third of the losses.
As a result, corrosion protection tapes are in high demand to reduce loss. The changing operating circumstances in numerous end-user industries, including as maritime and oil and gas, are expected to generate a large need for corrosion protection tapes globally. For example, the increasing use of improved oil recovery techniques in the oil and gas industry is projected to increase the demand for coatings that ensure pressure and high-temperature efficiency for long-term structure protection.
Global Corrosion Protection Tapes Market: Segmentation
The global corrosion protection tapes market is divided into three segments: end-user, type, and geography.
The market may be divided into end-user segments such as water treatment, power generation, construction, petrochemical, oil & gas, marine, defense, car, and others. Because of the increased amount of corrosion protection tapes in the oil and gas sector, the oil and gas sector accounts for the greatest proportion of the worldwide corrosion protection tapes market. Because of the growing demand for car vehicles all over the world, the automobile segment is expected to rise at a rapid pace in the next years.
The market can be divided into several types, including rubber, polypropylene, polyethylene, polyvinyl chloride, and others. The polyvinyl segment dominated the worldwide corrosion protection tapes market because polyvinyl chloride tape provides several benefits such as abrasion resistance, high moisture resistance, and long-lasting adhesive qualities. Polyvinyl chloride tapes are very simple to use and flexible. It has excellent thermoplastic strength and is commonly utilized in the manufacture of anti-corrosion tapes.
Global Corrosion Protection Tapes Market: Competitive Players
Some of the significant players in the global corrosion protection tapes market are W.W. Grainger Inc, VANOS S.A, Denso Tape, Sam Hwan Anti-corrosion Industrial Co., Coroplast Fritz Müller GmbH & Co. KG, PSI Products GmbH, DEHN + SÖHNE GmbH + Co. KG., Jining Xunda Pipe Coating Materials Co., Ltd., Shurtape Technologies, LLC, Nitto Denko Corp, and 3M Company.
Global Corrosion Protection Tapes Market: Regional Segment Analysis
Rest of Europe
Rest of Asia Pacific
Rest of Latin America
Middle East & Africa
Rest of Middle East & Africa
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