Global Leak Detection Adhesive Tape Market Size By Product (Hydrogen, Ammonia, CO2, ETO (Ethylene Oxide)), By Application (Industrial, Transportation, Power Plants, Laboratories), By Geographic Scope And Forecast

Leak Detection Adhesive Tape Market Size And Forecast

Leak Detection Adhesive Tape Market size was valued at USD 423.12 Million in 2021 and is projected to reach USD 713.33 Million by 2030, growing at a CAGR of 6.55% from 2023 to 2030.

The imposition of recent guidelines by the Pipeline & Hazardous Materials Safety Administration (PHMSA) for the market players and system operators to keep the pipeline structure to lower the risk of leakage is anticipated to fuel the adoption of leak detection and in turn, leak detection adhesive tapes all across the globe. The Global Leak Detection Adhesive Tape Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

>>> Get | Download Sample Report @ – https://www.verifiedmarketresearch.com/download-sample/?rid=221809

To Learn More: Download Report PDF

Global Leak Detection Adhesive Tape Market Definition

Leak detection adhesive tapes are generally color-changing tapes that are designed to detect gas leakage such as CO2, hydrogen, ammonia, and others, that are used in several industries such as industrial, storage, transportation, and many more before they become a hazard. These tapes are designed in such a way that they can be easy to read and use. These tapes swiftly change their color in the event of a leak caused by vibration or a failed seal when in contact with any concentrated gas. The silicone cross-linking adhesive offers a residue-free connection that is resistant to UV rays and the majority of corrosive chemicals and may be wrapped around a variety of odd and unusual shapes. These leak detector tapes can be used by inspection teams in that particular industry to precisely locate leaks and start repairs, hastening equipment restoration and enhancing facility safety.

>>> Ask For Discount @ – https://www.verifiedmarketresearch.com/ask-for-discount/?rid=221809

Global Leak Detection Adhesive Tape Market Overview

A tape for gas leak detection is provided to users to swiftly verify the gas leakage from a pipe, even if the leakage is low, and to inform users of the location of the leakage by changing the color of the tape’s tarnishable layer when the tarnishable layer interacts with an odorant present in fuel gas. For the secure production, handling, and application of different industrial gases, gas detection is crucial. Machine operators, inspection teams, or on-site maintenance staff can easily install leak detection tapes. They don’t require any additional training to work without electricity. They can be used in conjunction with leak detection tools that are already on the market, like sniffers and ultrasonic detectors. Detection tapes are inexpensive, readily integrated into any existing system, and provide a positive indication for both the presence and absence of gases (such as CO2, hydrogen, ammonia, etc.) without the need for modifications or extra power sources. They function with sight detectors, are gas sensitive, and are robust.

It is anticipated that stricter regulations on gas monitoring and improving gas safety will accelerate market expansion. Many new and small industrial companies consider the simple detection of gas leakage by the changing color of the tapes to be an economical gas detection solution as opposed to the costly gas sensors. The need for leak detection adhesive tape is also increasing as a result of the expanding oil and gas industries’ requirement to meet the demands of numerous end-use industries around the world. Nevertheless, the adoption of cutting-edge technologies like IoT in the production of these tapes helps in meeting the always-increasing demand for leak detection tapes and offers enormous growth potential in the upcoming years.

Global Leak Detection Adhesive Tape Market: Segmentation Analysis

The Global Leak Detection Adhesive Tape Market is segmented on the basis of Product, Application, and Geography.

Leak Detection Adhesive Tape Market, By Product

• Hydrogen
• Ammonia
• CO2
• ETO (Ethylene Oxide)
• Others

To Get Summarized Market Report By Product:- Download Sample Report Now

The global leak detection adhesive tape market is classified into Hydrogen, Ammonia, CO2, ETO (Ethylene Oxide), and Others. The hydrogen segment was the dominating segment in 2021. With the growing use of hydrogen, hydrogen gas detection technologies need to advance at a similar rate. Hydrogen gas is highly flammable, odorless, and colorless. These characteristics make it dangerous and difficult to detect. Early discovery can reduce the possibility of a small leak growing into a significant safety concern.

Leak Detection Adhesive Tape Market, By Application

• Industrial
• Transportation
• Power Plants
• Laboratories
• Others

To Get Summarized Market Report By Application:- Download Sample Report Now

Based on the application segment, the market is divided into industrial, transportation, power plants, laboratories, and others. The Industrial segment was the dominating segment in 2021. Continual industrial development results in the discharge of hazardous gases. These emissions are frequently under control. All of these factors have encouraged the use of leak detection adhesive tapes for early leak detection since these tapes’ colors change as soon as they react with gas and let users know where leaks are, even when they are insignificant.

Leak Detection Adhesive Tape Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

To Get Summarized Market Report By Geography:- Download Sample Report Now

Based on regional analysis, the global leak detection adhesive tape market is classified into North America, Europe, Asia Pacific, and the Rest of the World. The region of Asia Pacific dominated the market owing to rapid industrialization and the surging requirements for industrial gases for various end-use industries. This has led to an immense demand for leak detection adhesive tapes among gas-producing and storing companies. The chemical, pharmaceutical, energy, and petrochemical industries are some of the sectors of the APAC economy that are putting tight regulatory policies, laws, and safety standards into place. Gas leak detection technologies are used in the aforementioned industries to find dangerous and flammable gas leaks from process containers and chambers.

Key Players

The “Global Leak Detection Adhesive Tape Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as 3M, Honeywell International Inc., Nitto Denko Corporation, Midsun Specialty Products, Inc., Element One, Inc., Tesa SE, Lintec Corporation, Nichiban Co. Ltd., Dragerwerk AG & Co. KGaA, and others. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

Report Scope

To Get Customized Report Scope:- Request For Customization Now

Top Trending Reports

Global Adhesive Tapes Market Size And Forecast

Global Silicone Rubber Adhesive Tape Market Size And Forecast

Research Methodology of Verified Market Research:

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
• Provision of market value (USD Billion) data for each segment and sub-segment.
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis.
• Provides insight into the market through Value Chain.
• Market dynamics scenario, along with growth opportunities of the market in the years to come.
• 6-month post-sales analyst support.

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.