Global and Chinese Flame Retardant Tape Market Report 2023

I. Global Flame Retardant Tapes Market Overview

Market Size: The global flame retardant adhesive tapes market reached billions of dollars in 2023, with a year-on-year growth of about 5%.

Product Type: The flame retardant tape market can be categorized into two main types: organic flame retardant tape and inorganic flame retardant tape. Among them, organic flame retardant tapes have a large market share, accounting for about 70% of the global market.

End-use applications: Flame retardant tapes are widely used in construction, electronics, transportation, aerospace and other fields. Among them, the demand in the construction field is the largest, accounting for about 40%.

Regional distribution: the global flame retardant tape market is mainly concentrated in North America, Europe and Asia-Pacific region, of which North America has the largest market share, accounting for about 35%.

II. China Flame Retardant Tape Market Overview

Market Size: In 2023, the market size of China's flame retardant tape market reached hundreds of millions of RMB, with a year-on-year growth of about 8%.

Product type: China's flame retardant tape market is dominated by organic flame retardant tapes, with a market share of more than 80%.

End-use applications: China's flame retardant tape market demand is mainly concentrated in construction, electronics, transportation and other fields, of which the construction field accounts for about 50%.

Regional distribution: China's flame retardant tape enterprises are mainly concentrated in East China, South China, Central China, North China and other regions, of which East China has the largest market share, accounting for about 40%.

III. Market Competition Pattern

Global Market: The global flame retardant tape market has a high degree of concentration, and the main enterprises include 3M, Tesa, Nitto, Honeywell and other multinational companies, of which 3M has the largest market share, accounting for about 25%.

China market: China's flame retardant tape market is highly competitive, the main enterprises include Huitian New Material, Jiangsu Boqian New Material, Shanghai Yongguan Zhongcheng, etc., of which Huitian New Material has the largest market share, accounting for about 15%.

IV. The industry development trend

Green: With the global environmental awareness, green environmental protection flame retardant tape will become the future development trend. Manufacturers need to increase R & D investment to develop environmentally friendly, high-performance flame retardant tape products.

High-performance: As the downstream industry's requirements for flame retardant performance increase, the market for high-performance flame retardant tape will maintain rapid growth. Producers need to pay attention to market demand, and constantly improve product performance.

Integration development: in order to improve market competitiveness, flame retardant tape enterprises will extend to the upstream and downstream industry chain, to achieve the integration of raw materials, production and sales development.

Intelligent manufacturing: With the promotion of Industry 4.0, intelligent manufacturing will become an important development direction of the flame retardant tape industry. Enterprises need to increase investment in intelligent equipment to improve production efficiency.

As a head company producing flame retardant, Yinsu will pay attention to the development trend of the industry, increase investment in R&D, and continuously improve the performance of flame retardant to meet the market demand. At the same time, we should maintain close cooperation with flame retardant tape manufacturers to jointly develop high-performance, environmentally friendly flame retardant tape products and help the industry develop.