1 Global Seam Sealing Tapes Market Production Value (M USD) by Region
In 2018, the production value of seam sealing tapes varied across regions. North America had a production value of 42.65 million USD, Europe contributed 37.52 million USD, and China, being the largest producer, had a value of 88.07 million USD. Japan’s production value was 34.55 million USD, while the Middle East and Africa (MEA) had a much smaller value of 1.04 million USD. India’s production value was 3.28 million USD, South America contributed 2.15 million USD, and other regions had a combined value of 35.00 million USD. The total global production value for seam sealing tapes in 2018 was 244.26 million USD.
By 2023, the forecasted production values show an increase across all regions. North America is expected to reach 57.28 million USD, Europe 42.84 million USD, and China’s production value is projected to be the highest at 118.57 million USD. Japan’s production value is expected to be 39.88 million USD, MEA 1.38 million USD, India 4.22 million USD, South America 2.66 million USD, and other regions 45.76 million USD. The total global production value for seam sealing tapes in 2023 is forecasted to be 312.57 million USD, indicating a significant growth in the industry.
Table Global Seam Sealing Tapes Production Value (M USD) by Region (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023F |
|
North America |
42.65 |
45.85 |
46.06 |
51.05 |
53.70 |
57.28 |
|
Europe |
37.52 |
38.78 |
36.59 |
39.49 |
41.22 |
42.84 |
|
China |
88.07 |
94.54 |
95.92 |
106.45 |
111.66 |
118.57 |
|
Japan |
34.55 |
35.94 |
34.17 |
37.08 |
38.37 |
39.88 |
|
MEA |
1.04 |
1.13 |
1.07 |
1.20 |
1.27 |
1.38 |
|
India |
3.28 |
3.56 |
3.27 |
3.66 |
3.93 |
4.22 |
|
South America |
2.15 |
2.30 |
2.18 |
2.39 |
2.51 |
2.66 |
|
Other |
35.00 |
37.54 |
36.46 |
40.50 |
42.84 |
45.76 |
|
Total |
244.26 |
259.63 |
255.73 |
281.83 |
295.51 |
312.57 |
2 Global Seam Sealing Tapes Market Production Value Share by Region
In 2018, the global seam sealing tapes production value market share was distributed as follows: North America held 17.46%, Europe 15.36%, China had the largest share at 36.06%, Japan 14.15%, the Middle East and Africa (MEA) 0.43%, India 1.34%, South America 0.88%, and other regions combined for 14.33%.
By 2023, the forecasted production value market shares are expected to change slightly: North America is projected to have 18.32%, Europe 13.70%, China is expected to increase its share to 37.93%, Japan to decrease to 12.76%, MEA to slightly increase to 0.44%, India to 1.35%, South America to remain stable at 0.85%, and other regions to have 14.64%.
Table Global Seam Sealing Tapes Production Value Market Share by Region (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023F |
|
North America |
17.46% |
17.66% |
18.01% |
18.11% |
18.17% |
18.32% |
|
Europe |
15.36% |
14.94% |
14.31% |
14.01% |
13.95% |
13.70% |
|
China |
36.06% |
36.41% |
37.51% |
37.77% |
37.78% |
37.93% |
|
Japan |
14.15% |
13.84% |
13.36% |
13.16% |
12.99% |
12.76% |
|
MEA |
0.43% |
0.43% |
0.42% |
0.43% |
0.43% |
0.44% |
|
India |
1.34% |
1.37% |
1.28% |
1.30% |
1.33% |
1.35% |
|
South America |
0.88% |
0.89% |
0.85% |
0.85% |
0.85% |
0.85% |
|
Other |
14.33% |
14.46% |
14.26% |
14.37% |
14.50% |
14.64% |
|
Total |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
3 Global Seam Sealing Tapes Market Production, Value, Price and Gross Margin
In 2018, the global production volume of seam sealing tapes was 2018.41 million meters, with a price of 121.0 USD per meter, resulting in a total value of 244.26 million USD. The gross margin for that year was 32.66%, and the gross revenue was 79.78 million USD.
By 2023, the forecasted production volume is expected to increase to 2467.32 million meters, with a slightly higher price of 126.7 USD per meter. This will lead to a total value of 312.57 million USD. The gross margin is projected to be 31.18%, and the gross revenue is expected to be 97.47 million USD.
Table Global Seam Sealing Tapes Production, Value, Price and Gross Margin (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023F |
|
Volume (Million Meters) |
2018.41 |
2134.96 |
2119.93 |
2246.12 |
2349.07 |
2467.32 |
|
Price (USD/Meter) |
121.0 |
121.6 |
120.6 |
125.5 |
125.8 |
126.7 |
|
Value (Million USD) |
244.26 |
259.63 |
255.73 |
281.83 |
295.51 |
312.57 |
|
Gross (M USD) |
79.78 |
83.41 |
80.70 |
92.27 |
93.11 |
97.47 |
|
Gross Margin |
32.66% |
32.12% |
31.56% |
32.74% |
31.51% |
31.18% |
4 North America Seam Sealing Tapes Market Production, Value, Price and Gross Margin
In 2018, the North American market for seam sealing tapes had a production volume of 200.43 million meters, with a price of 212.8 USD per meter. The total value of the production was 42.65 million USD, and the gross margin was 34.47%, with a gross revenue of 14.70 million USD.
By 2023, the forecasted production volume in North America is expected to increase to 221.05 million meters, with a higher price of 259.1 USD per meter. The total value is projected to reach 57.28 million USD, and the gross margin is expected to be 32.60%, with a gross revenue of 18.67 million USD.
Table North America Seam Sealing Tapes Production, Value, Price and Gross Margin (2018-2023)
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023F | |
|
Production (Million Meters) |
200.43 |
207.71 |
194.41 |
201.98 |
211.46 |
221.05 |
|
Price (USD/Meter) |
212.8 |
220.7 |
236.9 |
252.7 |
253.9 |
259.1 |
|
Value (M USD) |
42.65 |
45.85 |
46.06 |
51.05 |
53.70 |
57.28 |
|
Gross (M USD) |
14.70 |
15.27 |
15.24 |
17.36 |
17.64 |
18.67 |
|
Gross Margin |
34.47% |
33.30% |
33.10% |
34.01% |
32.85% |
32.60% |
Figure North America Seam Sealing Tapes Production (Million Meters) and Growth Rate Analysis (2018-2023)
5 Europe Seam Sealing Tapes Market Production, Value, Price and Gross Margin
In 2018, the European market for seam sealing tapes had a production volume of 185.29 million meters, with a price of 202.5 USD per meter. The total value of the production was 37.52 million USD, and the gross margin was 34.40%, with a gross revenue of 12.91 million USD.
By 2023, the forecasted production volume in Europe is expected to increase to 202.09 million meters, with a price of 212.0 USD per meter. The total value is projected to reach 42.84 million USD, and the gross margin is expected to be 31.48%, with a gross revenue of 13.48 million USD.
Table Europe Seam Sealing Tapes Production, Value, Price and Gross Margin (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023F |
|
Production (Million Meters) |
185.29 |
190.60 |
181.28 |
188.12 |
195.85 |
202.09 |
|
Price (USD/Meter) |
202.5 |
203.5 |
201.8 |
209.9 |
210.5 |
212.0 |
|
Value (M USD) |
37.52 |
38.78 |
36.59 |
39.49 |
41.22 |
42.84 |
|
Gross (M USD) |
12.91 |
12.70 |
12.44 |
13.75 |
13.22 |
13.48 |
|
Gross Margin |
34.40% |
32.75% |
34.01% |
34.81% |
32.08% |
31.48% |
Figure Europe Seam Sealing Tapes Production (Million Meters) and Growth Rate Analysis (2018-2023)
6 China Seam Sealing Tapes Market Production, Value, Price and Gross Margin
In 2018, the Chinese market for seam sealing tapes had a production volume of 1115.17 million meters, with a price of 79.0 USD per meter. The total value of the production was 88.07 million USD, and the gross margin was 31.49%, with a gross revenue of 27.73 million USD.
By 2023, the forecasted production volume in China is expected to increase to 1434.20 million meters, with a price of 82.7 USD per meter. The total value is projected to reach 118.57 million USD, and the gross margin is expected to be 30.62%, with a gross revenue of 36.31 million USD.
Table China Seam Sealing Tapes Production, Value, Price and Gross Margin (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023F |
|
Production (Million Meters) |
1115.17 |
1191.18 |
1218.44 |
1299.96 |
1360.08 |
1434.20 |
|
Price (USD/Meter) |
79.0 |
79.4 |
78.7 |
81.9 |
82.1 |
82.7 |
|
Value (M USD) |
88.07 |
94.54 |
95.92 |
106.45 |
111.66 |
118.57 |
|
Gross (M USD) |
27.73 |
29.68 |
29.19 |
33.86 |
34.53 |
36.31 |
|
Gross Margin |
31.49% |
31.40% |
30.43% |
31.81% |
30.93% |
30.62% |
Figure China Seam Sealing Tapes Production (Million Meters) and Growth Rate Analysis (2018-2023)
7 Japan Seam Sealing Tapes Market Production, Value, Price and Gross Margin
In 2018, the Japanese market for seam sealing tapes had a production volume of 231.71 million meters, with a price of 149.1 USD per meter. The total value of the production was 34.55 million USD, and the gross margin was 34.34%, with a gross revenue of 11.87 million USD.
By 2023, the forecasted production volume in Japan is expected to increase to 255.45 million meters, with a price of 156.1 USD per meter. The total value is projected to reach 39.88 million USD, and the gross margin is expected to be 32.34%, with a gross revenue of 12.90 million USD.
Table Japan Seam Sealing Tapes Production, Value, Price and Gross Margin (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023F |
|
Production (Million Meters) |
231.71 |
239.83 |
229.92 |
239.86 |
247.55 |
255.45 |
|
Price (USD/Meter) |
149.1 |
149.8 |
148.6 |
154.6 |
155.0 |
156.1 |
|
Value (M USD) |
34.55 |
35.94 |
34.17 |
37.08 |
38.37 |
39.88 |
|
Gross (M USD) |
11.87 |
12.17 |
11.15 |
12.59 |
12.56 |
12.90 |
|
Gross Margin |
34.34% |
33.86% |
32.62% |
33.94% |
32.72% |
32.34% |
Figure Japan Seam Sealing Tapes Production (Million Meters) and Growth Rate Analysis (2018-2023)
8 India Seam Sealing Tapes Production, Value, Price and Gross Margin
In 2018, the Indian market for seam sealing tapes had a production volume of 43.40 million meters, with a price of 75.5 USD per meter. The total value of the production was 3.28 million USD, and the gross margin was 30.92%, with a gross revenue of 1.01 million USD.
By 2023, the forecasted production volume in India is expected to increase to 53.34 million meters, with a price of 79.0 USD per meter. The total value is projected to reach 4.22 million USD, and the gross margin is expected to be 29.50%, with a gross revenue of 1.24 million USD.
Table India Seam Sealing Tapes Production, Value, Price and Gross Margin (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023F |
|
Production (Million Meters) |
43.40 |
46.88 |
43.44 |
46.81 |
50.10 |
53.34 |
|
Price (USD/Meter) |
75.5 |
75.9 |
75.3 |
78.3 |
78.5 |
79.0 |
|
Value (M USD) |
3.28 |
3.56 |
3.27 |
3.66 |
3.93 |
4.22 |
|
Gross (M USD) |
1.01 |
1.07 |
0.97 |
1.13 |
1.18 |
1.24 |
|
Gross Margin |
30.92% |
30.22% |
29.52% |
30.83% |
30.11% |
29.50% |
Figure India Seam Sealing Tapes Production (Million Meters) and Growth Rate Analysis (2018-2023)
