The global India Masking Tape Market is estimated to be valued at US$ 248.72 Mn or Mn in 2023 and is expected to exhibit a CAGR of 4.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Masking tape is used to cover areas that are not required to be painted. It temporarily protects surfaces or marks paint lines accurately. It is an economical and easy way to mask off edges, corners and intricate designs during DIY projects and industrial painting processes.

Market key trends:
One of the major trends in the India masking tape market is the increasing usage of acrylic adhesive-based masking tapes. Acrylic adhesive offers high adhesion and leaves no adhesive residue when removed. It can be removed cleanly from surfaces without disturbing the paint underneath. The acrylic tapes also have good holding power and are resistant to weathering. They are suitable for indoor and outdoor applications and can even withstand temperature variations.
Market key trends:
One of the key trends in the India masking tape market is the increasing popularity of specialty masking tapes. Specialty tapes come with advanced adhesive formulas that help adhere to difficult surfaces like powder coatings without damaging the surface or leaving any residue behind. They find wide usage in applications like automotive manufacturing and industrial assembly where high-precision and easy removability is required. The superior adhesion and easy removability feature of specialty tapes is expected to drive their demand over the forecast period.

SWOT Analysis
Strength: Masking tapes are cost-effective solution for masking applications during painting or surface finishing. Their ability to offer protection from overspray and provide sharp paint lines is a key strength.
Weakness: Standard masking tapes may not adhere well or be removable from certain surfaces like powder coatings.
Opportunity: Growth of industries like automotive and construction presents an opportunity for increased usage of specialty tapes that work on varied surfaces.
Threats: Stiff competition from alternative masking products limit’s the India masking tape’s market potential. Fluctuations in raw material prices is also a threat.

Key Takeaways
The global India Masking Tape Market Growth  is expected to witness high growth, exhibiting CAGR of 4.5% over the forecast period, due to increasing demand from the automotive industry for corrosion prevention and preciseapplication of paints.

Regional analysis: The western region of India dominates the country’s masking tape market and is expected to continue leading over the forecast period. This is attributable to strong presence of automotive and construction industry in states like Maharashtra and Gujarat.

Key players operating in the India Masking Tape Market are: 3M, Shurtape Technologies LLC, Nitto Denko Corp, Scapa Group PLC, Saint-Gobain Performance Plastics Corporation, Avery Dennison Corporation, Intertape Polymer Group, Nichiban Co. Ltd., Lintec Corporation, Henkel AG & Company KGAA. Soaring demand for masking tape in the paint industry especially from automotive and construction sectors is the major driver for growth of key players in the country.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it