The flashing tape market is driven by the rapid growth in the global construction industry, particularly in emerging economies such as China , India , and Mexico , where increasing investments in infrastructure development have heightened the demand for effective sealing and waterproofing solutions. Additionally, the rising focus on energy-efficient buildings and the growing awareness of the importance of protecting structures from water and air infiltration have further propelled the use of flashing tapes. Wilmington, Del.
, Aug. 28, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, " Flashing Tape Market by Adhesive Type (Silicone, Acrylic, Butyl Rubber, Rubberized Asphalt, and Others), Substrate Type (Plastic, Metals, Rubber, and Others), and End-use Industry (Automotive, Building and Construction, Healthcare, Packaging, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033" . According to the report, the flashing tape market was valued at $2.
4 billion in 2023, and is estimated to reach $4.6 billion by 2033, growing at a CAGR of 6.9% from 2024 to 2033.
The flashing tape market is growing due to increased investments in building infrastructure in countries such as the U.S., China , Japan , Mexico , and India , where it is widely used for flooring, wall mounting, and roofing.
The automotive and transportation sectors also drive demand, as flashing tape is essential for UV and moisture protection in various components. However, market.