파이프 마킹 테이프 시장 예측 : 제품 유형, 재료, 폭, 색, 용도, 최종 사용자, 지역별 세계 예측(-2030)

According to Stratistics MRC, the Global Pipe Marking Tapes Market is accounted for $1563.76 million in 2024 and is expected to reach $2083.64 million by 2030 growing at a CAGR of 4.9% during the forecast period. Pipe marking tapes are crucial instruments used in many different industries to clearly identify pipes and their contents. By categorizing pipes according to their purpose or the substances they transport, such as gases, chemicals, or water, these tapes aid in ensuring safety, effective maintenance, and adherence to legal requirements. Moreover, these tapes are made of weather-resistant, long-lasting materials that can survive exposure to UV light, chemicals, and moisture, among other harsh conditions. In industrial and commercial facilities, pipe marking tapes are essential for reducing the risk of accidents, making maintenance simpler, and enhancing overall organization.

According to OSHA's standard 1910.144, yellow is designated for caution and marking physical hazards such as striking against, stumbling, falling, tripping, and "caught in between". This color coding system is essential for workplace safety to help prevent accidents and injuries.

Market Dynamics:

Driver:

Enhanced attention to workplace safety

There is an escalating emphasis on workplace safety across all industries, with companies investing more in safety protocols to protect their employees. Businesses are prioritizing investments in systems like pipe marking tapes that lower the risk of accidents because they understand the danger that improperly identified or unlabeled pipes can pose to employees. Additionally, pipes that are properly marked make it easier for employees to recognize their contents, such as gas, hot fluids, or hazardous chemicals, so they can respond appropriately during maintenance or in an emergency. Growing insurance premiums, liability issues, and public awareness of workplace accidents all contribute to this trend.

Restraint:

Expensive initial investments in specialized materials

While pipe marking tapes are essential for safety and compliance, certain specialized tapes, especially those made from high-performance or weather-resistant materials, can be expensive. These specialty tapes are expensive because they are made to resist harsh chemicals, high temperatures, and UV rays. Purchasing high-quality tapes for major infrastructure projects can be an expensive initial investment for small to mid-sized businesses. Furthermore, despite the long-term benefits of these tapes' durability, businesses with tight budgets may find the initial expense prohibitive.

Opportunity:

Developments in tape material technology

Manufacturers have the chance to produce pipe marking tapes that are even more robust, adaptable, and affordable as technological advancements continue to influence the materials and production processes used. For instance, the performance of pipe marking tapes in demanding environments can be improved by the development of sophisticated adhesives, enhanced colorfastness, and more resilient materials like polyester, vinyl, and environmentally friendly substitutes. Moreover, manufacturers could also be creative by creating tapes with intelligent features, like digital labels that are simple to update without requiring the tapes to be replaced or RFID integration for tracking and monitoring pipe conditions.

Threat:

Strong competition from other marking options

The market for pipe marking tapes is seriously threatened by competition from other labeling techniques. Although pipe marking tapes are a quick and affordable way to ensure safety and compliance, other techniques like painted markings, printed labels, and engraved metal tags can also be used for the same purpose. Additionally, these alternatives may be chosen over tapes in industries that require permanent, extremely durable, or specialized markings-for example, in situations involving high temperatures or high levels of corrosion. For instance, pipe marking tapes are more transient than engraved metal plates, which are frequently utilized in high-stress applications.

Covid-19 Impact:

The market for pipe marking tapes was significantly impacted by the COVID-19 pandemic, mostly due to changes in industrial demand, manufacturing delays, and disruptions in global supply chains. Pipe marking tape availability was impacted by the temporary closure of manufacturing facilities and logistical issues that slowed production and delayed raw material deliveries. Demand also decreased as a result of numerous industries, particularly nonessential ones, reducing operations or delaying maintenance and construction projects because of budgetary limitations. However, in order to comply with new safety standards and laws, the healthcare, pharmaceutical, and essential services sectors saw a rise in demand for safety and compliance products, such as pipe marking tapes.

The Identification Tapes segment is expected to be the largest during the forecast period

The Identification Tapes segment is expected to account for the largest market share during the forecast period. The main purpose of these tapes is to permanently and clearly identify pipes so that workers can swiftly and precisely determine what is inside them. In sectors like manufacturing, oil and gas, construction, and chemical processing, where accurate labeling is crucial to preventing mishaps, leaks, or inappropriate handling, identification tapes are crucial for safety and regulatory compliance. Moreover, increased safety consciousness, stricter regulations, and the requirement for effective maintenance and operation in intricate industrial settings are the main factors propelling this segment's growth.

The Vinyl-based Tapes segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the Vinyl-based Tapes segment is predicted to witness the highest growth rate. The longevity, pliability, and resilience to extreme weather conditions of vinyl-based tapes make them popular for use in a wide range of industries, such as construction, chemical processing, and oil and gas. Additionally, these tapes ensure long-lasting performance in demanding environments because they have exceptional adhesion to a variety of surfaces and can tolerate exposure to chemicals, moisture, and high temperatures. Because vinyl-based tapes perform better in both indoor and outdoor settings and because workplace safety and regulatory compliance are becoming more and more important, there is a growing demand for these tapes.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share. The region's dominance is fueled by strict safety laws, like those established by ANSI and OSHA, which require pipes to be properly labelled for compliance and safety in industrial settings. In order to maintain workplace safety, increase operational effectiveness, and adhere to regulatory requirements, pipe marking tapes are highly sought after in North America's well-established industrial sectors, such as manufacturing, chemicals, and oil and gas. Furthermore, the region's emphasis on implementing cutting-edge safety procedures and improving infrastructure also contributes to the increase in demand for pipe marking tapes.

Region with highest CAGR:

Over the forecast period, the Asia-Pacific region is anticipated to exhibit the highest CAGR. The demand for pipe marking tapes is being driven by the region's fast industrialization as well as rising investments in the manufacturing, energy, and infrastructure sectors. In sectors like manufacturing, chemicals, construction, and oil and gas, where safety compliance and accurate pipeline identification are crucial, nations like China, India, and Japan are seeing tremendous growth. Moreover, the need for pipe marking solutions is also being fuelled by the increased focus on enhancing industrial safety standards and the growing awareness of workplace safety regulations.

Key players in the market

Some of the key players in Pipe Marking Tapes market include Copperloy Corporation, 3M Company, Avery Dennison Corporation, INCOM Manufacturing Group, Windmill Tapes and Labels Ltd, Brigs Espro Services Pvt. Ltd., Nitto Denko Corporation, Polyken, Inc., Sparco Multiplast Pvt. Ltd., Con Corporation, IdentiSys Inc., Brady Corporation, NMC (National Marker Company), Florida Marking Products LLC and Symbio Inc.

Key Developments:

In October 2024, IdentiSys is excited to announce the acquisition of Capture Technologies, a long-standing technology solutions provider in California. As part of this acquisition, Capture Technologies will continue to operate under its well-established brand as a division of IdentiSys, retaining its operations and staff. Joe Franco will remain as General Manager and Vice President of Capture Technologies, ensuring a seamless transition for employees and customers.

In March 2024, 3M and HD Hyundai Korea Shipbuilding & Marine Engineering (KSOE) have signed a joint research project agreement to develop large liquid hydrogen storage tanks using Glass Bubbles from 3M - a high-strength, low-density hollow glass microsphere. The collaborative research will focus on developing a high-performance vacuum insulation system for liquified hydrogen storage and transportation.

In January 2023, Avery Dennison announced that it has signed an agreement to acquire Thermopatch, a leader specializing in labeling, embellishments, and transfers for the sports, industrial laundry, workwear and hospitality industries. After the deal closes, which is expected to happen in the first quarter of 2023, Thermopatch will become part of the company's Retail Branding and Information Solutions (RBIS) Apparel Solutions division.

Product Types Covered:

• Identification Tapes
• Warning Tapes
• Caution Tapes

Materials Covered:

• Vinyl-based Tapes
• Polyester-based Tapes
• Paper-based Tapes

Widths Covered:

• 1 inch
• 2 inches
• 3 inches
• 4 inches
• 6 inches

Colors Covered:

• Yellow (for Gas Lines)
• Red (for Fire Protection)
• Blue (for Water Lines)
• Orange (for Electrical Applications)
• Green (for Telecommunications)

Applications Covered:

• Industrial Piping System
• HVAC System
• Underground Utility Marking
• Chemical Processing System
• Water Treatment

End Users Covered:

• Construction
• Manufacturing
• Oil & Gas
• Power Generation and Transmission
• Water and Waste Management

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Pipe Marking Tapes Market, By Product Type

• 5.1 Introduction
• 5.2 Identification Tapes
• 5.3 Warning Tapes
• 5.4 Caution Tapes

6 Global Pipe Marking Tapes Market, By Material

• 6.1 Introduction
• 6.2 Vinyl-based Tapes
• 6.3 Polyester-based Tapes
• 6.4 Paper-based Tapes

7 Global Pipe Marking Tapes Market, By Width

• 7.1 Introduction
• 7.2 1 inch
• 7.3 2 inches
• 7.4 3 inches
• 7.5 4 inches
• 7.6 6 inches

8 Global Pipe Marking Tapes Market, By Color

• 8.1 Introduction
• 8.2 Yellow (for Gas Lines)
• 8.3 Red (for Fire Protection)
• 8.4 Blue (for Water Lines)
• 8.5 Orange (for Electrical Applications)
• 8.6 Green (for Telecommunications)

9 Global Pipe Marking Tapes Market, By Application

• 9.1 Introduction
• 9.2 Industrial Piping System
• 9.3 HVAC System
• 9.4 Underground Utility Marking
• 9.5 Chemical Processing System
• 9.6 Water Treatment

10 Global Pipe Marking Tapes Market, By End User

• 10.1 Introduction
• 10.2 Construction
• 10.3 Manufacturing
• 10.4 Oil & Gas
• 10.5 Power Generation and Transmission
• 10.6 Water and Waste Management

11 Global Pipe Marking Tapes Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Copperloy Corporation
• 13.2 3M Company
• 13.3 Avery Dennison Corporation
• 13.4 INCOM Manufacturing Group
• 13.5 Windmill Tapes and Labels Ltd
• 13.6 Brigs Espro Services Pvt. Ltd.
• 13.7 Nitto Denko Corporation
• 13.8 Polyken, Inc.
• 13.9 Sparco Multiplast Pvt. Ltd.
• 13.10 Con Corporation
• 13.11 IdentiSys Inc.
• 13.12 Brady Corporation
• 13.13 NMC (National Marker Company)
• 13.14 Florida Marking Products LLC,
• 13.15 Symbio Inc